Nonprofit · EIN 86-2062016
BLACK ECONOMIC MOBILITY COALITION
Tax-exempt · SPARTANBURG, SC 29306
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $1,983 | $1,946 | $37 | $16,387 | – | $17,033 |
| December 31, 2023 | 990-EZ | $23,224 | $13,461 | $9,763 | $16,996 | – | $16,996 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $250
- Investment income
- $1,733
Expenses
- Grants and similar amounts paid
- $380
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $345
- Printing, publications and postage
- $167
- Other expenses
- $1,054
- Program services (functional)
- $1,946
Balance sheet and other
- Total assets, start of year
- $16,996
- Total assets, end of year
- $16,387
- Total liabilities, end of year
- –
- Net assets, end of year
- $17,033
- Cash, savings and investments
- $16,387
- Gross receipts
- $1,983
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Julius Tolbert | Foundation Manager | 10 | $0 |
| Trey Glover | Foundation Manager | 10 | $0 |
| Saville Williams | Foundation Manager | 10 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Julius Tolbert | Foundation Manager | 10 | $0 |
| Trey Glover | Foundation Manager | 10 | $0 |
| Saville Williams | Executive Director | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 145 N CHURCH ST, SPARTANBURG, SC 29306-5123
- In care of
- % BEMC
- Signed the 990-EZ
- Saville Williams, Executive Director
- Return prepared by
- Coleman & Company LLC
Mission
Identify and develop talent to increase the number of sustainable Black-owned business in the Upstate
Program accomplishments
- As we reflect on the past year it is inspiring to see how BEMC has played a pivotal role in empowering Black Business Owners Through our dedicated efforts we communicated vital information about economic resources that could make a significant difference in their businesses Our commitment did not stop there we actively supported entrepreneurs in seeking funding ensuring they had the tools and knowledge necessary to thriveExpenses $1,946
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 86-2062016
- 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-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $16,387
- Income (IRS master file)
- $1,983
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $1,983 | $1,946 | $16,387 | IRS |
| 990-EZ | December 2023 | $23,224 | $13,461 | $16,996 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | 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 86-2062016).
Questions about BLACK ECONOMIC MOBILITY COALITION
- What is the EIN of BLACK ECONOMIC MOBILITY COALITION?
- The employer identification number (EIN) of BLACK ECONOMIC MOBILITY COALITION is 86-2062016.
- Is BLACK ECONOMIC MOBILITY COALITION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2021.
- Are donations to BLACK ECONOMIC MOBILITY COALITION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BLACK ECONOMIC MOBILITY COALITION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of BLACK ECONOMIC MOBILITY COALITION 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 BLACK ECONOMIC MOBILITY COALITION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of BLACK ECONOMIC MOBILITY COALITION?
- The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does BLACK ECONOMIC MOBILITY COALITION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $1,983, expenses of $1,946 and total assets of $16,387 at year end.
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All nonprofits in SPARTANBURG · South Carolina · Community improvement and capacity building