2025-11-11T08:03:42-06:00 2024-12-31 390919055 RITZ HOLMAN LLP 330 E KILBOURN AVE SUITE 222 MILWAUKEE WI 53202 990 2024-01-01 391768969 AFRICAN AMERICAN CHAMBER OF COMMERCE OF WISCONSIN INC AFRI 4144629450 1920 N MARTIN LUTHER KING JR DRIV MILWAUKEE WI 53212 NIKKI PURVIS PRESIDENT & CEO 4144629450 2025-11-11 1 0 RENEE MESSING P01872384 4142711451 2025-11-10 2024 2025-03-06 01:10:19Z NIKKI PURVIS 1920 N MARTIN LUTHER KING JR DRIVE MILWAUKEE WI 53212 1136029 0 X WWW.AACCWI.ORG X 1993 WI WE CHAMPION THE GROWTH AND SUSTAINABILITY OF AFRICAN AMERICAN OWNED BUSINESSES BY PROVIDING ACCESS TO CAPITAL, EDUCATION AND ADVOCACY THROUGH CAPACITY BUILDING AND STRATEGIC PARTNERSHIPS. 11 11 6 0 0 0 593824 1031774 20850 0 0 895 111877 8370 726551 1041039 17200 539603 0 0 366500 405763 0 0 45572 414165 450127 797865 1395493 -71314 -354454 2718446 2810194 1874310 2320512 844136 489682 X WE CHAMPION THE GROWTH AND SUSTAINABILITY OF AFRICAN AMERICAN OWNED BUSINESSES BY PROVIDING ACCESS TO CAPITAL, EDUCATION AND ADVOCACY THROUGH CAPACITY BUILDING AND STRATEGIC PARTNERSHIPS.OUR VISION - STRONG AFRICAN AMERICAN OWNED BUSINESSES AND ENTREPRENEURS THAT PROMOTE THE ECONOMIC VIBRANCY OF OUR COMMUNITY BY PROVIDING LIMITLESS OPPORTUNITIES IN THE WORKPLACE. 0 0 499427 1675 THE CHAMBER PROVIDES OPPORTUNITIES FOR MEMBERS PROMOTION AND PUBLICITY, A VOICE IN GOVERNMENT, NETWORKING EVENTS AND OPPORTUNITIES AND CUSTOMER REFERRALS. THE FACILITY PROVIDES A CO-WORKING SPACE FOR MEMBERS.IN ADDITION, THE CHAMBER HAS A REVOLVING LOAN FUND THAT IS DESIGNED TO INCREASE ACCESS TO CAPITAL FOR EXISTING AND NEW MINORITY BUSINESSES, WHILE DEVELOPING PARTNERSHIPS WITHIN THE BUSINESS COMMUNITY. SOME LOANS ARE FINANCED THROUGH KIVA U.S., AN INTERNATIONAL NON-PROFIT THAT ENABLES FINANCIALLY EXCLUDED AND SOCIALLY IMPACTFUL ENTREPRENEURS TO ACCESS 0% INTEREST SMALL BUSINESS LOANS OF UP TO $10K.IN PARTNERSHIP WITH LISC, THE CHAMBER PROVIDES GRANTS TO SMALL BUSINESSES. 660414 539603 RISE MKE POWERED BY MORTAR - A 14-WEEK ENTREPRENEURIAL TRAINING PROGRAM DESIGNED TO ENSURE THAT EMERGING BUSINESSES DON'T START BLINDLY, PROVIDING BUSINESS DEVELOPMENT WITH A FOCUS ON MARKETING, BRANDING, BUSINESS NETWORK DEVELOPMENT, AND OTHER ESSENTIAL RESOURCES. RISE WAS ADAPTED FROM THE HIGHLY SUCCESSFUL CINCINNATI BASED MINORITY BUSINESS ACCELERATOR PROGRAM CALLED MORTAR. THE AFRICAN AMERICAN CHAMBER HAS FORMED A STRATEGIC PARTNERSHIP BETWEEN LISC MILWAUKEE AND THE MILWAUKEE URBAN LEAGUE AS A COMPONENT OF THE RAMP UP PROJECT. RISE CURRICULUM WILL FOCUS ON ENABLING UNDERSERVED ENTREPRENEURS THROUGH EDUCATION, GUIDANCE, AND MENTORSHIP. SPUR - CAPACITY BUILDING INTENSIVE WORKSHOP SERIES DESIGN BASED ON RESEARCH FROM THE FEDERAL RESERVE ABOUT THE NEEDS AND CRITICAL ISSUES OF SMALL BUSINESSES. THERE ARE THREE PRIMARY COMPONENTS 1)WORKSHOP SESSIONS; 2)SMALL GROUP ADVISORY ROUNDTABLES; 3)TARGETED NETWORKING SESSIONS. THE PROGRAM IS DESIGNED TO PROVIDE SMALL BUSINESSES WITH FOCUSED CUSTOMIZED TRAINING AND NETWORKING OPPORTUNITIES THAT ADDRESS THEIR SPECIFIC NEEDS. 1159841 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 1 6 1 0 0 0 0 0 1 1 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 WI X NIKKI PURVIS 4144629450 1920 N DR MARTIN LUTHER KING JR MILWAUKEE WI 53212 WARREN E BULIOX CHAIR 1.00 X X 0 0 0 MARJORIE RUCKER VICE-CHAIR 1.00 X X 0 0 0 JULIAN BERRY SECRETARY 1.00 X 0 0 0 MIKAL WESLEY DIRECTOR 1.00 X X 0 0 0 TIFFANY MEANS DIRECTOR 1.00 X 0 0 0 DR LIA KNOX DIRECTOR 1.00 X 0 0 0 NICHOLAS TREDER DIRECTOR 1.00 X 0 0 0 MATT PAZARAS DIRECTOR 1.00 X 0 0 0 WILLIAM DECK DIRECTOR 1.00 X 0 0 0 LAQUONDRA SHAW DIRECTOR 1.00 X 0 0 0 KEESHA JONES-SUTTON DIRECTOR 1.00 X 0 0 0 NIKKI PURVIS CEO 40.00 X 131000 0 13698 131000 0 13698 1 0 0 0 0 51550 980224 1031774 895 895 27250 0 27250 27250 27250 74435 94990 -20555 -20555 MISCELLANEOUS REVENUE 900099 1675 1675 1675 1041039 1675 0 7590 539603 539603 155906 85748 38977 31181 194427 162987 31440 30535 27885 2650 24895 17980 4911 2004 25900 25900 35649 35649 10334 8436 1898 10229 2563 7051 615 3124 3124 90425 54254 27128 9043 1738 1713 25 2408 2408 5915 5915 68576 45218 23358 RISE PROGRAM 120541 120541 EQUIPMENT RENTAL & MAIN 27290 16374 8187 2729 ALLOWANCE FOR LOAN LOSS 22491 22491 EVENT SPONSORSHIPS 13850 13850 11657 2141 9516 1395493 1159841 190080 45572 1098499 1297635 50000 136000 55756 41256 47701 15172 823335 229280 658652 594055 43207 26941 764631 699135 2718446 2810194 50869 57454 933999 1439112 124811 124811 764631 699135 1874310 2320512 X 706616 337813 137520 151869 844136 489682 2718446 2810194 -354454 0 X 0 1 X 0 0 X 814870 726358 455970 593824 1031774 3622796 814870 726358 455970 593824 1031774 3622796 23852 3598944 27800 28145 55945 382227 74624 77891 84077 -18880 599939 4278680 0.84110 0.76810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 629545 146894 482651 193790 82386 111404 594055 RIGHT-OF-USE ASSET - OPERATING LEASE 699135 699135 LEASE LIABILITY - SHORT TERM OPERATING LEASE 66860 LEASE LIABILITY - LONG TERM OPERATING LEASE 632275 699135 X 1041039 0 1041039 0 1041039 1395493 0 1395493 0 1395493 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. MANAGEMENT HAS REVIEWED ALL TAX POSITIONS RECOGNIZED IN PREVIOUSLY FILED TAX RETURNS AND THOSE EXPECTED TO BE TAKEN IN FUTURE TAX RETURNS. THE ORGANIZATION DOES NOT ANTICIPATE ANY SIGNIFICANT CHANGES TO UNRECOGNIZED INCOME TAX BENEFITS OVER THE NEXT YEAR. BREAKFAST OF CHAMPIONS 74435 74435 20400 21937 52653 OTHER EVENTS 74435 74435 20400 21937 52653 94990 -20555 1 BASIA ROSE DESIGNS 7441 W GREENFIELD AVE WEST ALLIS WI 53214 475636728 12782 0 SMALL BUSINESS ASSISTANCE GRANT FLY NAILS 7573 N TEUTONIA AVE MILWAUKEE WI 53209 853667191 20000 0 SMALL BUSINESS ASSISTANCE GRANT NEXT GENERATION DAY CAMP 1809 W ATKINSON AVE MILWAUKEE WI 53206 820911108 20000 0 SMALL BUSINESS ASSISTANCE GRANT OH SNAP BY SHELL PHOTOGRAPHY LLC 5701 N BRAEBURN LANE GLENDALE WI 53209 871068966 19940 0 SMALL BUSINESS ASSISTANCE GRANT CONNECT BUSINESS CONSULTING 6825 N 112TH CT MILWAUKEE WI 53224 843851201 9862 0 SMALL BUSINESS ASSISTANCE GRANT CULTURALLY DIVERSE COUNSELING CENTER 2323 S 109TH STREET WEST ALLIS WI 53227 851119095 10000 0 SMALL BUSINESS ASSISTANCE GRANT EBONY ESTHETICS 12201 W BURLEIGH STREET STE 5 WAUWATOSA WI 53222 454285711 19375 0 SMALL BUSINESS ASSISTANCE GRANT EMPOWERING WEALTH FINANCIAL COACHING 1729 N 20TH STREET MILWAUKEE WI 53205 842543223 9320 0 SMALL BUSINESS ASSISTANCE GRANT MIDWEST ADVANTAGE 5009 N 51ST BLVD MILWAUKEE WI 53218 455370454 10000 0 SMALL BUSINESS ASSISTANCE GRANT MILTED TRUCKING 5137 N LOVERS LANE RD APT 13 MILWAUKEE WI 53225 823585639 10000 0 SMALL BUSINESS ASSISTANCE GRANT MOMENTS EXOTIC 3631 W ROOSEVELT DRIVE MILWAUKEE WI 53216 871396509 9972 0 SMALL BUSINESS ASSISTANCE GRANT THE CLASSIC SHOPPE 3867 N 68TH STREET MILWAUKEE WI 53225 474871086 17746 0 SMALL BUSINESS ASSISTANCE GRANT VIBEZ CREATIVE ARTS SPACE 5706 N CENTERPARK WAY BAYSHORE MALL MILWAUKEE WI 53217 830612743 18877 0 SMALL BUSINESS ASSISTANCE GRANT WATERSVIEW INVESTMENTS GROUP 9629 W PARKLAND CT MILWAUKEE WI 53224 824253640 10000 0 SMALL BUSINESS ASSISTANCE GRANT ALLAHMODE 5305 W CAPITOL DRIVE MILWAUKEE WI 53216 851057584 19651 0 SMALL BUSINESS ASSISTANCE GRANT AMPAW & ASSOCIATES 11805 W HAMPTON AVE STE 103B MILWAUKEE WI 53225 460645151 10000 0 SMALL BUSINESS ASSISTANCE GRANT CHAVAH FAMILY 5305 W CAPITOL DRIVE MILWAUKEE WI 53216 821546886 10000 0 SMALL BUSINESS ASSISTANCE GRANT DDS MEDIA WORKS 2877 N 76TH STREET MILWAUKEE WI 53222 453027324 10000 0 SMALL BUSINESS ASSISTANCE GRANT DELICIOUS BITES 6538 W NORTH AVE WAUWATOSA WI 53213 830771623 20000 0 SMALL BUSINESS ASSISTANCE GRANT FUSION INTEGRATED 8008 N POPLAR DRIVE FOX POINT WI 53217 201651003 10000 0 SMALL BUSINESS ASSISTANCE GRANT GOOD ENTERTAINMENT LLC 1345 N JEFFERSON STREET 129 MILWAUKEE WI 53202 841935588 9955 0 SMALL BUSINESS ASSISTANCE GRANT GREAT IMPRESSIONS 5330 W BURLEIGH STREET MILWAUKEE WI 53210 432029358 10000 0 SMALL BUSINESS ASSISTANCE GRANT GRIND SEASON 2015 OLE DAVIDSON MOUNT PLEASANT WI 53405 811652706 9945 0 SMALL BUSINESS ASSISTANCE GRANT LEAN DESIGN WERKS 645 3RD STREET BELOIT WI 53511 461767462 10000 0 SMALL BUSINESS ASSISTANCE GRANT LIFE LIKE CAMERA 316 N MILWAUKEE STREET STE 500 MILWAUKEE WI 53202 920824800 9992 0 SMALL BUSINESS ASSISTANCE GRANT LUXURIANT CLEANING GROUP LLC 4088 N 8TH STREET MILWAUKEE WI 53209 821425158 10000 0 SMALL BUSINESS ASSISTANCE GRANT BONIFDE NUTRITION 409 6TH STREET RACINE WI 53403 842204075 10000 0 SMALL BUSINESS ASSISTANCE GRANT RETRAC ENTERPRISES INC 4117 N GREEN BAY AVE MILWAUKEE WI 53209 844616474 10000 0 SMALL BUSINESS ASSISTANCE GRANT UNIEEZ LLC 1918 N 37TH STREET MILWAUKEE WI 53209 863252828 10000 0 SMALL BUSINESS ASSISTANCE GRANT COLORFUL CONNECTIONS LLC 1922 NORTH MLK DRIVE MILWAUKEE WI 53212 834247383 10000 0 SMALL BUSINESS ASSISTANCE GRANT HONEYBEE SAGE & WELLNESS APOTHECARY LLC 1819 N DOCTOR MLK JR DR MILWAUKEE WI 53212 831562737 9986 0 SMALL BUSINESS ASSISTANCE GRANT K&R COMPASSIONATE CARE LLC 7330 W GREENFIELD AVE STE 209 WEST ALLIS WI 53214 844276098 10000 0 SMALL BUSINESS ASSISTANCE GRANT MCHETE'S AFRICAN TREASURES LLC 7933 N 76TH STREET MILWAUKEE WI 53223 842992555 9925 0 SMALL BUSINESS ASSISTANCE GRANT MONNIE'S KITCHEN 4117 N GREEN BAY AVE MILWAUKEE WI 53209 871193508 6568 0 SMALL BUSINESS ASSISTANCE GRANT J & SONS TRANSPORT LLC 5205 N IRONWOOD RD STE 204J GLENDALE WI 53217 874449846 20000 0 SMALL BUSINESS ASSISTANCE GRANT BUFFALO BOSS 540 N 27TH STREET MILWAUKEE WI 53208 873341196 50000 0 SMALL BUSINESS ASSISTANCE GRANT CINNABAR NUTRITION 4701 W SCHROEDER DR BROWN DEER WI 53223 861431063 10000 0 SMALL BUSINESS ASSISTANCE GRANT LITTLE LEADERS LEARNING AND LITERACY ACADEMY LLC 832 E MEINECKE AVE MILWAUKEE WI 53212 465227301 10000 0 SMALL BUSINESS ASSISTANCE GRANT SUPER EXPEDITE 313 PLANKINTON AVE STE 207 MILWAUKEE WI 53203 454715904 10000 0 SMALL BUSINESS ASSISTANCE GRANT MOCHA BEAUTY 8113 W COLFAX CT MILWAUKEE WI 53218 834179309 10000 0 SMALL BUSINESS ASSISTANCE GRANT PART I, LINE 2: GRANTS WERE PROVIDED TO SMALL BUSINESSES THROUGH FUNDING FROM THE WISCONSIN DEPARTMENT OF ADMINISTRATION, WISCONSIN ECONOMIC DEVELOPMENT CORPORATION AND THE GREATER MILWAUKEE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE 990 IS REVIEWED AND APPROVED BY MANAGEMENT AND THEN IS PROVIEDED TO THE ENTIRE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS OUTLINED IN BYLAWS. BOARD CHAIR AND PRESIDENT MEET WEEKLY TO DISCUSS ANY PERTINENT ISSUES SUCH AS THIS. FORM 990, PART VI, SECTION B, LINE 15 BOARD CHAIR COMPLETES AN ANNUAL REVIEW AND COMPENSATION STUDY THAT IS SHARED WITH AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND OTHER POLICIES TO MEMBERS OF THE PUBLIC UPON REQUEST. THE FINANCIAL INFORMATION IS AVAILABLE TO THE PUBLIC THROUGH THE FORM 990 AND THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.