AFRICAN AMERICAN CHAMBER OF COMMERCE: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
AFRICAN AMERICAN CHAMBER OF COMMERCE (EIN 39-1768969)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-05-13
IRS object ID
201311339349304306
Schema version
2012v2.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-05-13T14:01:54-07:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1ML THARPS & ASSOCIATES LLCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11845 N FARWELL AVENUEAddressLine1
CityMILWAUKEECity
StateWIState
ZIP Code53202ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN391768969EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1AFRICAN AMERICAN CHAMBER OF COMMERCEBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlAFRINameControl
Phone4144629450Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line16203 W CAPITOL DRAddressLine1
CityMILWAUKEECity
StateWIState
ZIP Code53216ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameJIM MILNERName
TitleTREASURERTitle
Phone4144629450Phone
Date Signed2013-05-07DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameCARL A CIRAName
Phone4142788532Phone
Date Prepared2013-05-13DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonJIM MILNERNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line16114 W CAPITOL DRAddressLine1
CityMILWAUKEECity
StateWIState
ZIP Code53216ZIPCode
FieldValueIRS element (for citing)
Gross Receipts261973GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web Sitehttp://www.aaccmke.org/WebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1993YearFormation
State Legal DomicileWIStateLegalDomicile
Activity Or Mission DescriptionAssist African American Businesses in Milwaukee AreaActivityOrMissionDescription
Nbr Voting Members Governing Body7NbrVotingMembersGoverningBody
Nbr Independent Voting Members7NbrIndependentVotingMembers
Total Nbr Employees3TotalNbrEmployees
Total Nbr Volunteers15TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year85646ContributionsGrantsPriorYear
Contributions Grants Current Year241005ContributionsGrantsCurrentYear
Program Service Revenue CY5529ProgramServiceRevenueCY
Investment Income Current Year0InvestmentIncomeCurrentYear
Other Revenue Prior Year2163OtherRevenuePriorYear
Other Revenue Current Year1085OtherRevenueCurrentYear
Total Revenue Prior Year87809TotalRevenuePriorYear
Total Revenue Current Year247619TotalRevenueCurrentYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year57871SalariesEtcPriorYear
Salaries Etc Current Year98964SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year34048OtherExpensePriorYear
Other Expenses Current Year58996OtherExpensesCurrentYear
Total Expenses Prior Year91919TotalExpensesPriorYear
Total Expenses Current Year157960TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-4110RevenuesLessExpensesPriorYear
Revenues Less Expenses CY89659RevenuesLessExpensesCY
Total Assets BOY96192TotalAssetsBOY
Total Assets EOY195176TotalAssetsEOY
Total Liabilities BOY27495TotalLiabilitiesBOY
Total Liabilities EOY36820TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY68697NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY158356NetAssetsOrFundBalancesEOY
Mission DescriptionAssist African American Businesses in Milwaukee AreaMissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense89535Expense
Revenue261973Revenue
DescriptionASSIST AFRICAN AMERICAN BUSINESSES IN GREATER MILWAUKEE TO GAIN INFORMATION THEY WOULD NOT OTHERWISE HAVE ACCESSDescription
Total Program Service Expense89535TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxtrueSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiesfalseReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmtfalseIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiestrueFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPtrueLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10966NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees3NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members7NbrVotingGoverningBodyMembers
Number Independent Voting Members7NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholderstrueMembersOrStockholders
Election Of Board MemberstrueElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodyfalseForm990ProvidedToGoverningBody
Conflict Of Interest PolicyfalseConflictOfInterestPolicy
Whistleblower PolicyfalseWhistleblowerPolicy
Document Retention PolicyfalseDocumentRetentionPolicy
Compensation Process CEOfalseCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonAFRICAN AMERICAN CHAMBER OF COMMERCNamePerson
Telephone Number4144629450TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line14222 W CAPITOL DRAddressLine1
CityMILWAUKEECity
StateWIState
ZIP Code53216ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (8 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekKey EmployeeKeyEmployeeHighest Compensated EmployeeHighestCompensatedEmployeeReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerIndividual Trustee Or DirectorIndividualTrusteeOrDirector
EVE HALL
President/CEO40.00XX6576900
RANDY CRUMP
Board Chairman2.00000X
AVERY GOODRICH JR
Vice Chairman2.00000X
JIM GAILLARD
Parliamentarian2.00000X
ARTHOR DELANEY
Member2.00000X
STEPHANIE FINDLEY
Member2.00000X
SHANNON JEFFERSON
Membership2.00000X
JIM MILNER
Treasurer2.00000X
FieldValueIRS element (for citing)
Total Reportable Comp From Org65769TotalReportableCompFromOrg
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
Membership Dues70045MembershipDues
All Other Contributions170960AllOtherContributions
Total Contributions241005TotalContributions

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

FieldValueIRS element (for citing)
Total Revenue Column5529TotalRevenueColumn
FieldValueIRS element (for citing)
Total Program Service Revenue5529TotalProgramServiceRevenue
Gross Income Fundraising Events15439GrossIncomeFundraisingEvents
Fundraising Direct Expenses14354FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column1085TotalRevenueColumn
Exclusion$1,085ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column247619TotalRevenueColumn
Related Or Exempt Function Income5529RelatedOrExemptFunctionIncome
Exclusion$1,085ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total67961Total
Program Services45307ProgramServices
Management And General22654ManagementAndGeneral
Fundraising0Fundraising

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total18369Total
Program Services0ProgramServices
Management And General18369ManagementAndGeneral
Fundraising0Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total6000Total
Program Services0ProgramServices
Management And General6000ManagementAndGeneral
Fundraising0Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total6634Total
Program Services3496ProgramServices
Management And General3138ManagementAndGeneral
Fundraising0Fundraising

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total18093Total
Program Services18093ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total4140Total
Program Services0ProgramServices
Management And General4140ManagementAndGeneral
Fundraising0Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total5821Total
Program Services2910ProgramServices
Management And General2911ManagementAndGeneral
Fundraising0Fundraising

Occupancy Occupancy

FieldValueIRS element (for citing)
Total4674Total
Program Services2337ProgramServices
Management And General2337ManagementAndGeneral
Fundraising0Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total3535Total
Program Services3535ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Interest Interest

FieldValueIRS element (for citing)
Total1717Total
Program Services0ProgramServices
Management And General1717ManagementAndGeneral
Fundraising0Fundraising

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total2875Total
Program Services0ProgramServices
Management And General2875ManagementAndGeneral
Fundraising0Fundraising

Insurance Insurance

FieldValueIRS element (for citing)
Total5222Total
Program Services2611ProgramServices
Management And General2611ManagementAndGeneral
Fundraising0Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
Networking Events2036203600
Board Meetings44904490
Telephone2449122512240
Web Site2428242800

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total5557Total
Program Services5557ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total157960Total
Program Services89535ProgramServices
Management And General68425ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY23623BOY
EOY125707EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY225BOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis104448LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec34979LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY72344BOY
EOY69469EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY96192BOY
EOY195176EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY9584BOY
EOY13442EOY

Loans From Officers Directors LoansFromOfficersDirectors

FieldValueIRS element (for citing)
EOY8000EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY17911BOY
EOY15378EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY27495BOY
EOY36820EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY68697BOY
EOY158356EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY68697BOY
EOY158356EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY96192BOY
EOY195176EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses89659ReconcilationRevenueExpenses
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewtrueAccountantCompileOrReview

Accountant Compile Or Review Basis AccountantCompileOrReviewBasis

FieldValueIRS element (for citing)
Financial Statement ConsolidatedXFinancialStatementConsolidated
FieldValueIRS element (for citing)
FS AuditedfalseFSAudited
Audit CommitteetrueAuditCommittee
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2
Public Support Total1700PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Total0Total
FieldValueIRS element (for citing)
Public Support Pertcentage1700PublicSupportPertcentage170

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years43766CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years77868CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years83960CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year85646CurrentTaxYearMinus1Year
Current Tax Year241005CurrentTaxYear
Total532245Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years981CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years570CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1570CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year13601CurrentTaxYearMinus1Year
Current Tax Year15439CurrentTaxYear
Total32161Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years44747CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years78438CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years85530CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year99247CurrentTaxYearMinus1Year
Current Tax Year256444CurrentTaxYear
Total564406Total
FieldValueIRS element (for citing)
Public Support Total509564406PublicSupportTotal509

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Total564406Total
FieldValueIRS element (for citing)
Public Support Percentage5091.00000PublicSupportPercentage509
Prior Year Support Percentage1.00000PriorYearSupportPercentage
Investment Income Percentage0InvestmentIncomePercentage
Prior Yr Invest Income Percentage0.00000PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule C IRS990ScheduleC

Schedule D IRS990ScheduleD

Land Land

FieldValueIRS element (for citing)
Investment Cost Or Other Basis25000InvestmentCostOrOtherBasis
Book Value25000BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Investment Cost Or Other Basis65000InvestmentCostOrOtherBasis
Depreciation21351Depreciation
Book Value43649BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Investment Cost Or Other Basis14448InvestmentCostOrOtherBasis
Depreciation13628Depreciation
Book Value820BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings69469TotalOfBookValueLandBuildings

Schedule G IRS990ScheduleG

Schedule L IRS990ScheduleL

Loan Table LoanTable (2 entries)

Relationship With OrganizationRelationshipWithOrganizationPurpose Of LoanPurposeOfLoanLoan To OrganizationLoanToOrganizationOriginal PrincipalOriginalPrincipalAmountBalance DueBalanceDueDefaultDefaultApproved By BoardApprovedByBoardWritten AgreementWrittenAgreement
WALLACE WHITE
Former Board MemberCash FlowX$3,0003000falsetruetrue
PRISM TECHNICAL
Company of Board MemberCash FlowX$5,0005000falsetruetrue
FieldValueIRS element (for citing)
Total Balance Due8000TotalBalanceDue

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifierExplanationExplanation
Pt VI, Line 11bExecutive director and officers review
Pt VI, Line 19Available by request
Pt VI, Line 6Chamber of commerce has business and individual members
Pt VI, Line 7aMembers vote for board of directors
Form 990EZ, Part I, Line 8SPECIAL EVENTS 15439. OTHER INCOME 5529.
Form 990EZ, Part I, Line 16EVENTS / MEETINGS 16839. PAYROLL TAXES 6634. INTEREST 1717. OFFICE EXPENSE 5821. TELEPHONE 2449. COMPUTER / WEBSITE 2428. INSURANCE 5222. TRAVEL / MILEAGE 3535. MISC/OTHER 5557.
Form 990EZ, Part II, Line 24EMPLOYEE ADVANCE 225. 0.
Form 990EZ, Part II, Line 26ACCOUNTS PAYABLE 1008. 3319. MORTGAGE NOTE 17911. 15378. DEFERRED REVENUE - MEMBERSHIPS 2050. 1050. PROPERTY TAXES PAYABLE 1843. 1900. PAYROLL TAXES 4149. 3717. ACCRUED WAGES 534. 2651. CREDIT CARD PAYABLE 0. 805. OFFICER LOANS PAYABLE 0. 8000.
Form 990, Part IX, Line 24fMISC 5557. 5557. 0. 0.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.