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GULF COAST AFRICAN AMERICAN CHAMBER OF COMMERCE INC

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Public IRS 990 nonprofit record

GULF COAST AFRICAN AMERICAN CHAMBER OF COMMERCE INC

EIN 59-3681641 · Chambers of Commerce & Business Leagues (S41)

What they do

PROMOTING BUSINESS and ECONOMIC INTEREST

Before you give

Should I give to this charity?

Easy charity check
The spending raises an important question

Of every $100 spent, about $3.40 was reported for mission work and $0.00 for fundraising. Understand this before you give.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2016The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders8 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

3.45%of revenue went to mission work3.4% of expenses · Program services
$81.12spent for every $100 of revenueRevenue covered expenses this year.
$0.19in assets for every $1 spent this yearSome assets cannot be spent right away.
78.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $24,908 for ANGELENA WHEAT (INTERIM EXEC DIREC). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2016

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$103,142
Mission workProgram services$3,5623.45% of revenue3.4% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$106,138102.90% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Pause before giving. This filing reports that 0.0% of spending went to fundraising and 3.4% went to mission work. Ask the charity to explain these numbers and show recent results.

Money in and money out

Revenue$130,847
Expenses$106,138
Annual surplus $24,709 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,562 · 3.4% of expenses
See all reported dollar amounts
Revenue$130,847
Expenses$106,138
Assets$19,669
Income$130,847
Contributions$103,140
Mission work (program services)$3,562
People

Leadership and board

Tax year 2016

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
ANGELENA WHEATINTERIM EXEC DIREC · 40 hrs/week $24,908

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (8)

ANGELENA WHEATINTERIM EXEC DIREC

ADMIRAL LEROY JRBOARD MEMBER

DOUG THOMPSONCHAIRMAN

FRED SELLERSBOARD MEMBER

JESSE GAITHERBOARD MEMBER

JOHN JERRALDSTREASURER

PAUL TOLBERTVICE CHAIRMAN

SHAUN HARTSFIELDBOARD MEMBER

About this charity

Recognized since
January 2000
Location
321 N DEVILLIERS ST SUITE SUITE104, PENSACOLA, FL 32501-3889
County
Escambia
In care of
% C
Primary officer
BRIAN WIER, EXECUTIVE DIRECTOR

How to reach them

Filing and classification

Latest tax year
2016
Tax period began
October 1, 2016
Return type
990EZ
Tax preparer
LOCKLIN ACCOUNTING & TAX SERVICES INC
NTEE classification
Chambers of Commerce & Business Leagues (S41)
IRS tax category
Chambers of Commerce & Business Leagues

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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