The Black Chamber of Commerce logo

The Black Chamber of Commerce

SILVER SPRING, MD EIN: 47-4224035 Website

To educate, advocate for, empower and equip black business owners with the right tools and resources to help them grow and attain success.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$226K

+52.3% YoY

Annual Giving

$340K

-42.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$340K

-42.8% YoY

About The Black Chamber of Commerce

Based on IRS filings

The Black Chamber of Commerce is a nonprofit organization focused on Community Improvement & Capacity Building, based in SILVER SPRING, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $226K in total assets. In 2024, it awarded 1 grants totaling $340K. Net investment income was $2K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Gaithersburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$258K$516K$774K$1M20202021202220232024
Metric202420232022
Total Assets$225,790$148,266$47,723
Revenue$731,588$938,510$56,979
Expenses$654,065$838,468$44,635
Qualifying Distributions
Net Investment Income$2,043
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$149K$297K$446K$595K0 grants20200 grants20210 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

M C Black Collective$340K

Grant Size Distribution

2 grants across all recorded years

<$50K$50–100K$100–250K1$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include M C Black Collective ($340,450).

RecipientPurposeAmount
M C Black Collective Gaithersburg, MDSupport minority businesses in MD$340,450

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Kenneth WhitePresident & CEO$117KKenneth WhitePresident & CEO$117K

From 2024 filing

NameTitleHoursCompensation
Kenneth WhitePresident & CEO40$117,386
Kenneth WhitePresident & CEO40$117,386
Nelson DavyChairman2
Shanton KittlerDirector2
Marva Jo CampSecretary2
Jerome WeemsTreasurer2
Ijenna AlukoDirector2
Pam ScottDirector2
Michelle TaylorDirector2
John Hale IIIDirector2
Roderick JohnsonDirector2
Tereance R MooreDirector2
Toni BowieDirector2
Ronald HopkinsDirector2
Venice Mundle-HarveyDirector2
Jerry SanfordDirector2
Eben SmithDirector2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Black Chamber of Commerce?

The Black Chamber of Commerce is a nonprofit organization focused on Community Improvement & Capacity Building, based in SILVER SPRING, MD. It holds $226K in total assets as of 2024.

How large is The Black Chamber of Commerce?

As of 2024, The Black Chamber of Commerce holds $226K in total assets with $732K in annual revenue. It awarded 1 grants totaling $340K in 2024.

Where does The Black Chamber of Commerce operate?

The Black Chamber of Commerce has awarded grants in Maryland.

What size grants does The Black Chamber of Commerce award?

In 2024, The Black Chamber of Commerce awarded 1 grants totaling $340K — an average of about $340K per grant, based on its IRS Form 990 filings.

What is The Black Chamber of Commerce's EIN?

The Black Chamber of Commerce's EIN (Employer Identification Number) is 47-4224035. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The Black Chamber of Commerce's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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