2024-08-28T16:31:54-04:00 2023-12-31 200221868 BARNES BROCK CORNWELL & PAINTER PLC 908 EDEN WAY N STE 201 CHESAPEAKE VA 233202640 990 2023-01-01 813953180 BLACK BRAND BLAC 7577191241 520 E MAIN STREET STE 4 NORFOLK VA 23510 BLAIR DURHAM EXECUTIVE DIRECTOR 7577191241 2024-07-31 false KIMBERLY C PAINTER CPA P00294115 7579615017 2024-08-27 2023 2024-08-08 14:25:15Z BLAIR DURHAM 520 E MAIN STREET STE 4 NORFOLK VA 23510 1311900 false X WWW.BLACKBRAND.BIZ X 2016 VA "BRAND" STANDS FOR BUSINESS RESEARCH ANALYTICS NETWORKING AND DEVELOPMENT. BLACK BRAND IS THE BLACK CHAMBER OF COMMERCE FOR THE HAMPTON ROADS, VA AREA, WHOSE MISSION IS TO PROMOTE GROUP ECONOMICS THROUGH PROFESSIONAL DEVELOPMENT AND COMMUNITY EMPOWERMENT. AS THE BLACK CHAMBER OF COMMERCE, ORGANIZATION'S MISSION IS TO TRANSFORM OUR LOCAL, REGIONAL, AND NATIONAL COMMUNITY THROUGH UNITY, EDUCATION, ACCESS, OPPORTUNITY, AND DEVELOPMENT. DURING 2023 71% OF PARTICIPANTS WERE WOMEN-OWNED BUSINESSES, 40% OF PROGRAM PARTICIPANTS RESIDED IN LOW OR MODERATE INCOME ZIP CODES, AND 20% OF PROGRAM PARTICIPANTS WERE MILITARY AFFILIATED. 10 10 7 41 0 707141 771673 246912 538540 43 319 2 1368 954098 1311900 25000 101350 0 262460 362094 0 50876 768133 953418 1055593 1416862 -101495 -104962 609830 245043 295858 36033 313972 209010 X "BRAND" STANDS FOR BUSINESS RESEARCH ANALYTICS NETWORKING AND DEVELOPMENT. BLACK BRAND IS THE BLACK CHAMBER OF COMMERCE FOR THE HAMPTON ROADS, VA AREA, WHOSE MISSION IS TO PROMOTE GROUP ECONOMICS THROUGH PROFESSIONAL DEVELOPMENT AND COMMUNITY EMPOWERMENT. AS THE BLACK CHAMBER OF COMMERCE, ORGANIZATION'S MISSION IS TO TRANSFORM OUR LOCAL, REGIONAL, AND NATIONAL COMMUNITY THROUGH UNITY, EDUCATION, ACCESS, OPPORTUNITY, AND DEVELOPMENT. DURING 2023 71% OF PARTICIPANTS WERE WOMEN-OWNED BUSINESSES, 40% OF PROGRAM PARTICIPANTS RESIDED IN LOW OR MODERATE INCOME ZIP CODES, AND 20% OF PROGRAM PARTICIPANTS WERE MILITARY AFFILIATED. false false 1311540 101350 IN 2023, B-FORCE ACCELERATOR NURTURED 140 BUSINESSES, MANY OF WHOM ARE PROVIDING CRITICAL SERVICE IN HAMPTON ROADS EVERY DAY. IN ADDITION TO THE TECHNICAL ASSISTANCE PROVIDED, BUSINESS OWNERS BENEFITED IN THE FOLLOWING IMPORTANT WAYS: 1. B-FORCE ACCELERATOR AWARDED 71,000 IN FUNDING TO 20 PROGRAM PARTICIPANTS. 2. 65 B-FORCE PARTICIPANTS REPORTED HAVING ACCESSED A TOTAL OF 1,650,794 IN CAPITAL. 3. B-FORCE ACCELERATOR EXPANDED ITS SERVICE AREA TO ACCEPT BUSINESSES ACROSS THE HAMPTON ROADS REGION, AND PARTNERED WITH THE CITY OF PORTSMOUTH ECONOMIC DEVELOPMENT TO ENSURE THAT ALL PORTSMOUTH COHORT PROGRAM GRADUATES WOULD QUALIFY TO RECEIVE ITS 2000 AND/OR 5000 GRANT. 4. BLACK BRAND CURATED A POPUP EVENT FOR EACH OF ITS FIVE COHORTS WHEREBY THE COMMUNITY COULD COME OUT, LEARN ABOUT AND SHOP WITH LOCAL MERCHANTS. 5. BLACK BRAND ORGANIZED A SUCCESSFUL CASH MOB EVENT FOR ONE DESERVING BUSINESS DURING EACH COHORT WHERE THE ENTIRE COHORT COMMITTED TO COMING OUT, BRINGING A FRIEND, AND SPENDING AT LEAST 20. 6. BLACK BRAND PROVIDED COLLABORATION OPPORTUNITIES FOR PARTICIPANTS WHICH TURNED INTO A NUMBER OF SUCCESSFUL COLLABORATIONS AND JOINT VENTURES. 7. BLACK BRAND WORKED ONE ON ONE WITH BUSINESSES NOT ONLY TO PREPARE THEM BUT TO CURATE CAPITAL OPPORTUNITIES FOR THEM BASED ON THEIR UNIQUE PROFILES, RESULTING IN A NUMBER OF BUSINESSES RECEIVING THEIR FIRST EVER CAPITAL OPPORTUNITIES IN THE FORM OF GRANTS, BUSINESS CREDIT CARDS, LINES OF CREDIT, AND PITCH CONTEST WINNINGS FROM ACROSS THE REGION. WOMEN WHO LEAD IS A 12-WEEK PROFESSIONAL DEVELOPMENT ACCELERATOR THAT HELPS MINORITY WOMEN (PRIORITIZING LMI CANDIDATES) IMPROVE THEIR LEADERSHIP SKILLS, ACCESS TRADITIONALLY MALE-DOMINATED INDUSTRIES, AND GAIN CERTIFICATIONS TO OBTAIN HIGHER PAYING WAGES OR ACCESS TO CONTRACT OPPORTUNITIES. IN PARTNERSHIP WITH NSU, PARTICIPANTS ARE EXPOSED TO 58 SUBJECT-MATTER EXPERTS. 75% OF PARTICIPANTS MATRICULATED INTO WWL SOCIETY FOR ONGOING PROFESSIONAL DEVELOPMENT. 15% OF PARTICIPANTS INCREASED THEIR PAY DURING OR AFTER THE 12-WEEK COHORT. 20% OF COHORT MEMBERS TOOK CLASSES TO OBTAIN CERTIFICATION. 30% OF PARTICIPANTS OBTAINED COMMUNITY-BASED LEADERSHIP POSITIONS. 10% OF PARTICIPANTS MATRICULATED INTO OTHER PERSONAL OR PROFESSIONAL DEVELOPMENT PROGRAMS. BLACK DIAMOND WEEKEND 2023 EXPANDED ITS OFFERING TO CREATE A FREE TRACK CALLED 757 BIAS WHICH INCLUDED AN OPPORTUNITY FAIR AND AFFIRMATIVE ACTION TOWN HALL, INTRODUCING PARTICIPANTS TO THE INVALUABLE RESOURCES THAT EXIST ACROSS THE HAMPTON ROADS REGION. IN ADDITION TO FOUR OTHER VALUE-PACKED TRACKS, PARTICIPANTS WERE GIVEN THE OPPORTUNITY TO EARN CEUS THROUGH TCC FOR THE COURSES TAKEN. THE 8TH ANNUAL BLACK DIAMOND AFFAIR AWARDED KEY LEADERS IN THE FOLLOWING CATEGORIES: EXCELLENCE IN INNOVATION: MICHELLE WREN- PORTSMOUTH PARTNERSHIP LIFETIME ACHIEVEMENT IN BUSINESS: DR. KEITH NEWBY - FORT NORFOLK MEDICAL PLAZA COMMUNITY IMPACT: TRUIST ENTREPRENEUR OF THE YEAR: DIAMOND GORMAN- REA-D EMPLOYMENT AGENCY, LLC EXCELLENCE IN NONPROFIT LEADERSHIP: ANTHONY WALTERS - YMCA EXCELLENCE IN BUSINESS LEADERSHIP - NNEKA CHIAZOR- COX COMMUNICATIONS EXCELLENCE IN HEALTH EQUITY- DANA BECKTON - SENTARA HEALTH EXCELLENCE IN PUBLIC RELATIONS- KELLI WEBB- KBD GROUP LLC EXCELLENCE IN ENTERTAINMENT- TONY BROTHERS- BROTHERS RESTAURANT BDW 2023 FEATURED 70+ HOURS OF CONTENT, 75 SPEAKERS ACROSS 3 DAYS, 451 PARTICIPANTS, 1 GRANT GIVEN TO BLACK HEALTH-INDUSTRY BUSINESS, AND 9 COMMUNITY BLACK DIAMOND AWARDS. 1311540 true true false false false false false false false false true false false false false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 50 0 false 7 true false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true false false false VA X X BLAIR DURHAM 7572887400 520 E MAIN STREET STE 4 NORFOLK VA 23510 BLAIR DURHAM EXECUTIVE DI 40.00 X X 98541 0 0 LAFAYETTE JUDKINS CHAIR 1.00 X X 0 0 0 DR GENESE ROGERS CPA TREASURER 1.00 X X 31000 0 0 RANDY WILLIAMS SECRETARY 1.00 X X 0 0 0 NAOMI LEWIS PARLIAMENTAR 1.00 X X 0 0 0 CLARENCE HARRIS CPA DIRECTOR 1.00 X 6546 0 0 JAZMIN MULLEN-ALLEN ESQ DIRECTOR 1.00 X 3050 0 0 TONYA BYRD DIRECTOR 1.00 X 0 0 0 JAMES BOYD DIRECTOR 1.00 X 0 0 0 GARY ARTYBRIDGE DIRECTOR 1.00 X 0 0 0 NANCY PRATHER-JOHNSON DIRECTOR 1.00 X 0 0 0 139137 false false false 151500 153849 71475 394849 771673 CONFERENCES/MEETINGS 611430 281436 281436 BLACK DIAMOND WEEKEND 611430 257104 257104 538540 319 319 1368 1368 1368 1311900 539908 319 X 101350 101350 139137 119706 12954 6477 200908 170772 20091 10045 22049 18742 2205 1102 25855 21977 2586 1292 7250 6162 725 363 289630 289630 124256 99405 24851 21864 18585 2186 1093 17587 14949 1759 879 17734 15074 1773 887 4166 4166 382987 376235 4501 2251 1481 1333 148 1844 1568 184 92 SUPPLIES 28734 24424 2873 1437 DUES & SUBSCRIPTIONS 13170 11853 1317 REPAIRS 9276 8348 928 BANK CHARGES 3989 3989 3595 3272 216 107 1416862 1311540 54446 50876 341514 146883 225000 93442 37917 7670 2952 5399 4718 609830 245043 63358 36033 232500 295858 36033 X 238972 82779 75000 126231 313972 209010 609830 245043 -104962 X false true X false false X 79889 137654 658680 707141 771673 2355037 8622 217454 246957 539908 1012941 6250 6250 79889 152526 876134 954098 1311581 3374228 3374228 319 319 319 319 79889 152526 876134 954098 1311900 3374547 0.99990 1.00000 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7670 2952 4718 4718 X 1427425 115525 115525 1311900 1311900 1532387 115525 115525 1416862 1416862 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE- LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION HAS ANALYZED THE TAX POSITIONS TAKEN IN ITS FILINGS WITH THE INTERNAL REVENUE SERVICE. THE ORGANIZATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2023. SCHEDULE D, PAGE 4, PART XIII THE ORGANIZATION'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR 2023, 2022, 2021, AND 2020 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY, FOR THREE YEARS AFTER THEY WERE FILED. true PROGRAM GRADUATES 36 101350 FORM 990 - ORGANIZATION'S MISSION "BRAND" STANDS FOR BUSINESS RESEARCH ANALYTICS NETWORKING AND DEVELOPMENT. BLACK BRAND IS THE BLACK CHAMBER OF COMMERCE FOR THE HAMPTON ROADS, VA AREA, WHOSE MISSION IS TO PROMOTE GROUP ECONOMICS THROUGH PROFESSIONAL DEVELOPMENT AND COMMUNITY EMPOWERMENT. AS THE BLACK CHAMBER OF COMMERCE, ORGANIZATION'S MISSION IS TO TRANSFORM OUR LOCAL, REGIONAL, AND NATIONAL COMMUNITY THROUGH UNITY, EDUCATION, ACCESS, OPPORTUNITY, AND DEVELOPMENT. DURING 2023 71% OF PARTICIPANTS WERE WOMEN-OWNED BUSINESSES, 40% OF PROGRAM PARTICIPANTS RESIDED IN LOW OR MODERATE INCOME ZIP CODES, AND 20% OF PROGRAM PARTICIPANTS WERE MILITARY AFFILIATED. FORM 990, PAGE 2, PART III, LINE 4A IN 2023, B-FORCE ACCELERATOR NURTURED 140 BUSINESSES, MANY OF WHOM ARE PROVIDING CRITICAL SERVICE IN HAMPTON ROADS EVERY DAY. IN ADDITION TO THE TECHNICAL ASSISTANCE PROVIDED, BUSINESS OWNERS BENEFITED IN THE FOLLOWING IMPORTANT WAYS: 1. B-FORCE ACCELERATOR AWARDED 71,000 IN FUNDING TO 20 PROGRAM PARTICIPANTS. 2. 65 B-FORCE PARTICIPANTS REPORTED HAVING ACCESSED A TOTAL OF 1,650,794 IN CAPITAL. 3. B-FORCE ACCELERATOR EXPANDED ITS SERVICE AREA TO ACCEPT BUSINESSES ACROSS THE HAMPTON ROADS REGION, AND PARTNERED WITH THE CITY OF PORTSMOUTH ECONOMIC DEVELOPMENT TO ENSURE THAT ALL PORTSMOUTH COHORT PROGRAM GRADUATES WOULD QUALIFY TO RECEIVE ITS 2000 AND/OR 5000 GRANT. 4. BLACK BRAND CURATED A POPUP EVENT FOR EACH OF ITS FIVE COHORTS WHEREBY THE COMMUNITY COULD COME OUT, LEARN ABOUT AND SHOP WITH LOCAL MERCHANTS. 5. BLACK BRAND ORGANIZED A SUCCESSFUL CASH MOB EVENT FOR ONE DESERVING BUSINESS DURING EACH COHORT WHERE THE ENTIRE COHORT COMMITTED TO COMING OUT, BRINGING A FRIEND, AND SPENDING AT LEAST 20. 6. BLACK BRAND PROVIDED COLLABORATION OPPORTUNITIES FOR PARTICIPANTS WHICH TURNED INTO A NUMBER OF SUCCESSFUL COLLABORATIONS AND JOINT VENTURES. 7. BLACK BRAND WORKED ONE ON ONE WITH BUSINESSES NOT ONLY TO PREPARE THEM BUT TO CURATE CAPITAL OPPORTUNITIES FOR THEM BASED ON THEIR UNIQUE PROFILES, RESULTING IN A NUMBER OF BUSINESSES RECEIVING THEIR FIRST EVER CAPITAL OPPORTUNITIES IN THE FORM OF GRANTS, BUSINESS CREDIT CARDS, LINES OF CREDIT, AND PITCH CONTEST WINNINGS FROM ACROSS THE REGION. WOMEN WHO LEAD IS A 12-WEEK PROFESSIONAL DEVELOPMENT ACCELERATOR THAT HELPS MINORITY WOMEN (PRIORITIZING LMI CANDIDATES) IMPROVE THEIR LEADERSHIP SKILLS, ACCESS TRADITIONALLY MALE-DOMINATED INDUSTRIES, AND GAIN CERTIFICATIONS TO OBTAIN HIGHER PAYING WAGES OR ACCESS TO CONTRACT OPPORTUNITIES. IN PARTNERSHIP WITH NSU, PARTICIPANTS ARE EXPOSED TO 58 SUBJECT-MATTER EXPERTS. 75% OF PARTICIPANTS MATRICULATED INTO WWL SOCIETY FOR ONGOING PROFESSIONAL DEVELOPMENT. 15% OF PARTICIPANTS INCREASED THEIR PAY DURING OR AFTER THE 12-WEEK COHORT. 20% OF COHORT MEMBERS TOOK CLASSES TO OBTAIN CERTIFICATION. 30% OF PARTICIPANTS OBTAINED COMMUNITY-BASED LEADERSHIP POSITIONS. 10% OF PARTICIPANTS MATRICULATED INTO OTHER PERSONAL OR PROFESSIONAL DEVELOPMENT PROGRAMS. BLACK DIAMOND WEEKEND 2023 EXPANDED ITS OFFERING TO CREATE A FREE TRACK CALLED 757 BIAS WHICH INCLUDED AN OPPORTUNITY FAIR AND AFFIRMATIVE ACTION TOWN HALL, INTRODUCING PARTICIPANTS TO THE INVALUABLE RESOURCES THAT EXIST ACROSS THE HAMPTON ROADS REGION. IN ADDITION TO FOUR OTHER VALUE-PACKED TRACKS, PARTICIPANTS WERE GIVEN THE OPPORTUNITY TO EARN CEUS THROUGH TCC FOR THE COURSES TAKEN. THE 8TH ANNUAL BLACK DIAMOND AFFAIR AWARDED KEY LEADERS IN THE FOLLOWING CATEGORIES: EXCELLENCE IN INNOVATION: MICHELLE WREN- PORTSMOUTH PARTNERSHIP LIFETIME ACHIEVEMENT IN BUSINESS: DR. KEITH NEWBY - FORT NORFOLK MEDICAL PLAZA COMMUNITY IMPACT: TRUIST ENTREPRENEUR OF THE YEAR: DIAMOND GORMAN- REA-D EMPLOYMENT AGENCY, LLC EXCELLENCE IN NONPROFIT LEADERSHIP: ANTHONY WALTERS - YMCA EXCELLENCE IN BUSINESS LEADERSHIP - NNEKA CHIAZOR- COX COMMUNICATIONS EXCELLENCE IN HEALTH EQUITY- DANA BECKTON - SENTARA HEALTH EXCELLENCE IN PUBLIC RELATIONS- KELLI WEBB- KBD GROUP LLC EXCELLENCE IN ENTERTAINMENT- TONY BROTHERS- BROTHERS RESTAURANT BDW 2023 FEATURED 70+ HOURS OF CONTENT, 75 SPEAKERS ACROSS 3 DAYS, 451 PARTICIPANTS, 1 GRANT GIVEN TO BLACK HEALTH-INDUSTRY BUSINESS, AND 9 COMMUNITY BLACK DIAMOND AWARDS. FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT OF THE 990 IS SENT TO TO BOARD FOR APPROVAL PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C EACH DIRECTOR OR OFFICER SHALL SIGN A CONFLICT OF INTEREST STATEMENT. FORM 990, PAGE 6, PART VI, LINE 19 THESE ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS 299,226 0 0 -9,596 0 0 TOTAL 289,630 0 0