Public Charity

METRO DETROIT BLACK CHAMBER OF COMMERCE FOUNDATION

METRO DETROIT BLACK CHAMBER OF COMMERCE FOUNDATION is a Public Charity headquartered in DETROIT, MI. Financial data from the 2024 filing: $1.9M revenue, $2.0M expenses, $1.9M total assets. 12 publicly reported grants to this organization, totaling roughly $946K, appear in IRS filings.

EIN: 853465384 DETROIT, MI Latest filing: 2024
Total Revenue$1.9M
Total Expenses$2.0M
Total Assets$1.9M
Grant Records12
Funding Total$946K
Filing Years2022–2024

Mission

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.

Officers & Directors

MEMBER Donald Rencher
SECRETARY Jay Williams
MEMBER Jehan Crump-Gibson
TREASURER Jermaine Ruffin
VICE CHAIR Joseph Bowman
MEMBER Kandiss Ecton

Officer compensation and complete director data available with membership.

Top Grant Purposes

COMMUNITY IMPROVEMENT & CAPACITY BUILDING
$300,000 2 grants
COMMUNITY IMPROVEMENT & CAPACITY BUILDING PROGRAM/GENERAL OPERATIONS
$155,000 1 grant
SEE PART IV
$146,250 3 grants
IMPROVE THE HEALTH AND LIVES OF PEOPLE LIVING IN HIGH-NEED AREAS
$100,000 1 grant
DETROIT MEANS BUSINESS
$84,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.9M $2.0M $1.9M
2023 $3.3M $2.5M $2.0M
2022 $1.5M $392K $1.3M

Between 2022 and 2024, reported annual revenue grew from $1.5M to $1.9M (+27%), with total assets most recently reported at $1.9M.

Interactive year-over-year charts and full filing details available with membership.

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