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Nonprofit · EIN 85-3019216

CALIFORNIA AFRICAN AMERICAN CHAMBER OF COMMERCE CAACC

Tax-exempt · SACRAMENTO, CA 95814

Financials

$446K$437K2023
Revenue Expenses · by fiscal year end
Financials of CALIFORNIA AFRICAN AMERICAN CHAMBER OF COMMERCE CAACC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$445,968$437,470$8,498$124,552$44,197$80,355
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$445,968
of which government grants
$553
Membership dues
$6,249
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$64,733
Salaries, compensation and benefits (total)
$64,733
Professional fundraising fees
$252,221
Legal fees
$254
Accounting fees
$45,042
Occupancy
$1,717
Travel
$36,753
Program services (functional)
$96,413
Management and general (functional)
$24,103
Fundraising (functional)
$252,221

Balance sheet and other

Total assets, start of year
$69,875
Total assets, end of year
$124,552
Total liabilities, end of year
$44,197
Net assets, end of year
$80,355
Net assets without donor restrictions
$80,355
Gross receipts
$445,968
Employees
1

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
TIMOTHY ALAN SIMONChairman
Trustee or director
0$0
CARL DAVIS JRTERMINATED06/22
Trustee or director
0$0
JOSEPH CHOWTreasurer
Trustee or director
0$0

Address and contacts

Address (IRS master file)
500 CAPITOL MALL STE 2350, SACRAMENTO, CA 95814-4760
Signed the 990
JOSEPH CHOW, Treasurer
Phone
(800) 791-7068
Return prepared by
TAX PROFESSIONALS

California records

California keeps its own records of charities and corporations. Search them by EIN 85-3019216 or by the name CALIFORNIA AFRICAN AMERICAN CHAMBER OF COMMERCE CAACC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO DRIVE ECONOMIC OPPORTUNITY AND WEALTH CREATION FOR AFRICAN AMERICAN BUSINESSESS

990 for the year ended December 31, 2023

Program accomplishments

  • DRIVE ECONOMIC OPPORTUNITY AND WEALTH CREATION FOR AFRICAN AMERICAN BUSINESSES

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-3019216
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$124,552
Income (IRS master file)
$445,968

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$445,968$437,470$124,552XML
990December 2022$349,385$392,695$69,875IRS
990December 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-3019216).

Questions about CALIFORNIA AFRICAN AMERICAN CHAMBER OF COMMERCE CAACC

What is the EIN of CALIFORNIA AFRICAN AMERICAN CHAMBER OF COMMERCE CAACC?
The employer identification number (EIN) of CALIFORNIA AFRICAN AMERICAN CHAMBER OF COMMERCE CAACC is 85-3019216.
Is CALIFORNIA AFRICAN AMERICAN CHAMBER OF COMMERCE CAACC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2021.
Are donations to CALIFORNIA AFRICAN AMERICAN CHAMBER OF COMMERCE CAACC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CALIFORNIA AFRICAN AMERICAN CHAMBER OF COMMERCE CAACC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CALIFORNIA AFRICAN AMERICAN CHAMBER OF COMMERCE CAACC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CALIFORNIA AFRICAN AMERICAN CHAMBER OF COMMERCE CAACC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who are the officers and directors of CALIFORNIA AFRICAN AMERICAN CHAMBER OF COMMERCE CAACC?
The 990 for the year ended December 31, 2023 lists 3 people; 0 received compensation from the organization.
How much revenue does CALIFORNIA AFRICAN AMERICAN CHAMBER OF COMMERCE CAACC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $445,968, expenses of $437,470 and total assets of $124,552 at year end.

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