2025-11-14T04:12:31-00:00 2023-12-31 382451735 GREGORY TERRELL & COMPANY 613 ABBOTT STREET SUITE 320 DETROIT MI 48226 990 2023-01-01 853465384 METRO DETROIT BLACK CHAMBER OF COMMERCE FOUNDATION METR 3135970105 28 WEST ADAMS AVENUE STE 800 DETROIT MI 48226 CHARITY DEAN CEO 3135970105 2025-07-15 false GREGORY TERRELL P00621950 3139650500 2025-11-14 2023 2025-03-06 01:10:19Z X MICHIGAN BLACK BUSINESS ALLIANCE CHARITY DEAN 28 ADAMS STE 800 DETROIT MI 48226 3334558 false X WWW.BLACKBIZALLIANCE.ORG X 2020 MI SEE SCHEDULE - O 11 11 32 0 1453955 3161335 105534 65000 17346 -56954 42212 1502535 3285893 0 0 245294 767744 0 117261 146461 1771764 391755 2539508 1110780 746385 1253636 1961866 61845 1253636 1900021 TO DEVELOP PROGRAMS AND ADVOCATE FOR POLICIES THAT RESULT IN PROFITABLE AND SUSTAINABLE BLACK-OWNED BUSINESSES THAT ARE CONNECTED TO PUBLIC AND PRIVATE ECONOMIC OPPORTUNITIES, WHILE BUILDING TRUSTED RELATIONSHIPS. false false 2291685 The organization has made significant strides in fostering economic empowerment and growth within the black business community through its three key programs the Capital Connect , BizWiz, and UpNxt. Capital Connect has focused on bridging the funding gap for black-owned businesses by facilitating cohort based access to capital training. Over the past year, the program has successfully graduated 84 of cohort participants resutling in nearly 1 million in direct funding opportunities. BizWiz is a technical assistance program that has been instrumental in providing tailored 11 support to Black-owned business. Over the past year, the program has successfully connected over 100 businesses to support in taxes, financial projections, buiness plan preparation and credit repair. UpNxt is a summer internship program that has connected aspiring Black enterpreneurs, ages 16-24, with opportunities to work with current Black business owners and gain real-world experience across various industries. The past summer, UpNxt was able to provide 20 youth job placements with 15 Black businesses. 2291685 true false false false false false false false false false true false false false false false false true false false false false false true true false false false false true false false false false false false false false false false false false false false false false true false true false true 15 0 true 32 true false false false false false false false false false false false false false false false false false false X 11 11 true false false false false false false true true false false true false false false false false false X CHRISTIAN HADDEN 3135970105 28 WEST ADAMS AVENUE DETROIT MI 48226 CHARITY DEAN CEO 040.00 X X 180000 0 0 KAIWAN BOWMAN COO 040.00 X 160000 0 0 KERRY BUFFINGTON CHAIR 001.00 X X 0 0 0 DANIELLE NORTH VICE CHAIR 001.00 X X 0 0 0 JOSEPH BOWMAN TREASURER 001.00 X X 0 0 0 LATOYA HENRY SECRETARY 001.00 X X 0 0 0 JERMAINE RUFFIN DIRECTOR 001.00 X 0 0 0 JAY WILLIAMS DIRECTOR 001.00 X 0 0 0 DONALD RENCHER DIRECTOR 001.00 X 0 0 0 KANDISS ECTON DIRECTOR 001.00 X 0 0 0 BRIAN McKINNEY DIRECTOR 001.00 X 0 0 0 RODERICK HARDAMON DIRECTOR 001.00 X 0 0 0 CHARLES NOLEN DIRECTOR 001.00 X 0 0 0 340000 2 false true false 168529 2992806 3161335 PROGRAM INCOME 65000 65000 65000 17346 17346 85751 48665 37086 OTHER INCOME 5126 5126 5126 3285893 87472 0 0 0 0 340000 255000 42500 42500 0 338774 254080 42347 42347 0 37363 28023 4670 4670 51607 38705 6451 6451 0 0 0 0 0 0 47003 42303 4700 52793 41007 5894 5892 3015 2261 377 377 0 40099 40099 20104 15078 2513 2513 0 18461 13846 2308 2307 0 0 5358 5358 3410 2558 426 426 PROGRAM EXPENSES 1503696 1503696 CONTRACTUAL PROFESSIONAL SERVICES 58927 48997 4964 4966 BAD DEBT 18000 18000 BANK MERCHANT FEES 898 674 111 112 0 2539508 2291685 130561 117261 204418 974395 875968 973709 45421 33914 1590 11507 171660 2255 1253636 1961866 61845 0 61845 X 357523 209039 896113 1690982 1253636 1900021 1253636 1961866 746385 -100000 X false true X true false X 161573 1453955 3263421 4878949 161573 1453955 3263421 4878949 4878949 17346 17346 5126 5126 4901421 X 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 20997 20997 24424 12917 11507 11507 Financial derivatives and other financial products Closely-held equity interests Federal income taxes 3285893 3285893 3285893 2539507 2539507 2539507 X X false MBBA HOLIDAY EVENT 85751 85751 20167 10000 4878 13620 85751 85751 20167 10000 4878 13620 48665 37086 false false false false false false CHARITY DEAN CEO 180000 180000 KAIWAN BOWMAN COO 160000 160000 Form 990, Part VI, Section B, Line 11 ONCE THE FORM 990 IS COMPLETED BY THE CPA, A COPY OF THE FORM IS DELIVERED ELECTRONICALLY TO EACH BOARD MEMBER FOR REVIEW PRIOR TO FILING. Form 990, Part VI, Section B, Line 12 THE ORGANIZATION REGULARILY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH REGARD TO CONFLICT OF INTEREST POLICY AND REQUEST FROM THE BOARD MEMBERS TO DISCLOSE IF ANY ARISE. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part I, Line 1 TO HELP CLOSE THE RACIAL WEALTH GAP BY DEVELOPING PROGRAMS AND ADVOCATE FOR POLICIES THAT RESULT IN PROFITABLE AND SUSTAINABLE BLACK-OWNED BUSINESSES THAT ARE CONNECTED TO PUBLIC AND PRIVATE ECONOMIC OPPORTUNITIES, WHILE BUILDING TRUSTED RELATIONSHIPS. METRO DETROIT BLACK CHAMBER OF COMMERCE 28 ADAMS SUITE 800 DETROIT MI 48226 853439893 NON-PROFIT MI 501C6 N/A false false false false false false false false false false false false false false true true false false false true METRO DETROIT BLACK CHAMBER OF COMMERCE s 626845 FMV