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Albany Black Chamber of Commerce

Albany, NY · EIN 881929273 · Form 990 · FY2024 · Small ($100K-$1M) · albanyblackchamber.org
revenue
$429K
expenses
$464K
net assets
$-15K
employees
2
program ratio
0%
mission · from form 990

ENCOURAGE THE DEVELOPMENT, PROMOTION, AND GROWTH OF BLACK AND MINORITY-OWNED BUSINESSES IN THE GREATER CAPITAL REGION.

profile · synthesized from sources

The Albany Black Chamber of Commerce supports the development and growth of Black and minority-owned businesses in New York’s Greater Capital Region. It offers programs in business development, capital access, and networking, along with advocacy and professional development initiatives. The organization hosts events such as an annual Juneteenth Block Party and an Awards Gala, and partners with financial institutions and government entities to expand economic opportunities.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $0
    THE ALBANY BLACK CHAMBER OF COMMERCE HOSTED NUMEROUS NETWORKING AND COMMUNITY ENGAGEMENT EVENTS DURING THE YEAR, INCLUDING MONTHLY DINNER SOCIALS FOR LOCAL BUSINESS LEADERS, AND BOTH A GOLF LEAGUE AND BOWLING LEAGUE FOR MEMBERS.
  2. #2 $0
    THE ALBANY BLACK CHAMBER OF COMMERCE PARTNERED WITH ITS MEMBER COMPANIES TO HOST AN ANNUAL AWARDS GALA, WHICH COMMEMORATED THE ACCOMPLISHMENTS OF BOTH THE ORGANIZATION ITSELF AND ITS MEMBERS.
named programs · 5 · from sources

What they call their work

Annual Awards Gala
Black-tie event held during MLK weekend to honor achievements of member businesses and leaders.
Annual Juneteenth Block Party
Community celebration promoting cultural heritage, economic empowerment, and business visibility.
Business Development Series
Quarterly speaker events and monthly workshops on professional development for minority business owners.
Capital & Capitol
Legislative engagement program aligned with the Black and Puerto Rican Caucus and New York Senate cycle.
Networking Event Series
Monthly mixers including "At The Table," "Industry Night," and "Last Friday" to foster connections among professionals.
activities · 13 groups

What they do

  • Professional Networking Events 2 activities
    • Host monthly networking mixers
      Organizes a curated monthly mixer to promote networking and community engagement among professionals in the Capital Region.
    • Host quarterly featured speaker series
      Hosts a quarterly event series that connects members with industry leaders through featured speakers.
  • Small Business Technical Assistance 1 activity
    • Co-host business finance workshops
      Co-hosts business finance workshops for regional business leaders in partnership with KeyBank to support financial literacy and enterprise growth.
  • Civic Engagement and Voter Mobilization 1 activity
    • Conduct candidate interviews during election cycles
      Conducted interviews with mayoral candidates during the 2025 City of Albany election cycle as part of civic engagement programming.
  • Professional Association Capacity Building 1 activity
    • Conduct monthly professional development programs
      Runs a monthly professional development series consisting of workshops or panel discussions with local industry professionals to support member growth.
  • Organization Website and Online Platform Management 1 activity
    • Facilitate member engagement through membership portal
      Provides a digital membership portal to support business networking and access to programs, enhancing engagement for member organizations.
  • Industry and Community Recognition Awards 1 activity
    • Host annual black-tie awards gala
      Hosts an annual black-tie awards gala during MLK weekend to recognize accomplishments of members and community leaders, corroborated by IRS 990 reporting of an annual awards event.
  • Leadership & Policy Dialogue Forums 1 activity
    • Host annual legislative session engagement
      Hosts an annual legislative session in alignment with the Black and Puerto Rican Caucus and New York Senate legislative cycle to support civic and policy engagement.
  • Organized Member Social Events 1 activity
    • Host monthly dinner socials and recreational leagues
      Hosts monthly dinner socials, a golf league, and a bowling league for local business leaders and members to foster community engagement.
  • Organizational Governance & Leadership Development 1 activity
    • Offer member participation in policy committees
      Enables members to engage in policy committees, advisory councils, or task forces as part of organizational governance and leadership development.
  • Community Festival & Event Production 1 activity
    • Organize annual Juneteenth block party
      Hosts an annual Juneteenth block party during summer to facilitate networking, fellowship, and community connection, with evidence from both website and IRS 990 sources confirming recurring programming.
  • Member-Exclusive Resource Access 1 activity
    • Provide access to national professional resources
      Grants members access to U.S. Black Chambers Inc. virtual webinars and professional development resources as part of membership benefits.
  • Professional Membership and Association Benefits 1 activity
    • Provide full access to programs and events
      Grants members full access to all programs and events, including early or exclusive entry, as a core membership benefit.
  • Uncategorized 1 activity
    • Deliver new member onboarding gifts
      Sends a welcome gift to new members as part of onboarding, recognizing their commitment to community development.
financials · form 990 · fy2024
revenue
Total revenue$429K
Contributions & grants$346K81%
Program service revenue$83K19%
Investment income$00%
Other revenue$0
expenses
Total expenses$464K
Program expenses0%
Admin / overhead100%
Fundraising0%
Salaries & benefits$217K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$29K
Cash$23K
Investments$0
Liabilities$44K
Net assets$-15K
Liquid reserves0.6 mo
3 years on record · 2022–2024 · YoY revenue +75.3%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
Deshanna Wiggins Executive Director 40 $80K
board members · 11
  • Corey Ellis — Trustee
  • Elton Tune — Trustee
  • Jahkeen Hoke — Treasurer
  • James Sanders — Vice Chair
  • Kizzy Williams — Trustee
  • Natisha Alexander — Trustee
  • Obar Robinson — Trustee
  • Rick Ostroff — Trustee
  • Robert Nichols — Trustee
  • Tamika Otis — Trustee
  • Walter Porter — Chair
relationships · 28

Who they work with

  • ACS Printing Partner — Supported the 2026 Juneteenth Freedom Day Celebration through partnership and participation.
  • Affordable Housing Partnership Partner — Supported the 2026 Juneteenth Freedom Day Celebration through partnership and participation.
  • Albany 518SNUG Partner — Supported the 2026 Juneteenth Freedom Day Celebration through partnership and participation.
  • Allie B's Cozy Kitchen Partner — Supported the 2026 Juneteenth Freedom Day Celebration through partnership and participation.
  • Anchor Health Home Care Services Partner — Supported the 2026 Juneteenth Freedom Day Celebration through partnership and participation.
  • Black & Brown Educators Partner — Supported the 2026 Juneteenth Freedom Day Celebration through partnership and participation.
  • Boys & Girls Clubs of the Capital Area Partner — Supported the 2026 Juneteenth Freedom Day Celebration through partnership and participation.
  • Bridge the Gap Resource & Outreach Partner — Supported the 2026 Juneteenth Freedom Day Celebration through partnership and participation.
  • CDPHP Partner — Served on the Honorary Committee for the 2026 Juneteenth Freedom Day Celebration.
  • CentralMed Urgent Care and Primary Care Partner — Served on the Honorary Committee for the 2026 Juneteenth Freedom Day Celebration.
  • City of Albany Government — Partnered in hosting the 2026 Juneteenth Freedom Day Celebration and supported civic engagement efforts.
  • DMC Handyman Services LLC Partner — Supported the 2026 Juneteenth Freedom Day Celebration through partnership and participation.
  • Fresh Envy Partner — Supported the 2026 Juneteenth Freedom Day Celebration through partnership and participation.
  • Fullness of Joy Photography Partner — Supported the 2026 Juneteenth Freedom Day Celebration through partnership and participation.
  • Golden Blessings Catering Services Partner — Supported the 2026 Juneteenth Freedom Day Celebration through partnership and participation.
  • Highmark Health Partner — Served on the Honorary Committee for the 2026 Juneteenth Freedom Day Celebration.
  • KeyBank Funder — Provided a $200,000 grant to support the chamber's work
  • KeyBank Partner — Partnered with KeyBank to host a business finance workshop for regional business leaders.
  • Meier Law Firm, PLLC Partner — Supported the 2026 Juneteenth Freedom Day Celebration through partnership and participation.
  • Parents of Angel Children Partner — Supported the 2026 Juneteenth Freedom Day Celebration through partnership and participation.
  • Racial Equity and Social Justice Fund of the Community Foundation for the Greater Capital Region Partner — Supported the 2026 Juneteenth Freedom Day Celebration through leadership and investment.
  • Stewart's Shops Partner — Supported the 2026 Juneteenth Freedom Day Celebration through participation and generosity.
  • The Eden's Rose Foundation Partner — Supported the 2026 Juneteenth Freedom Day Celebration through partnership and participation.
  • Trinity Alliance of the Capital Region Partner — Supported the 2026 Juneteenth Freedom Day Celebration through partnership and participation.
  • U.S. Black Chambers Inc. Network — Member of The U.S. Black Chambers Inc. and provides access to its virtual webinars and resources.
  • Unity House Partner — Served on the Honorary Committee for the 2026 Juneteenth Freedom Day Celebration.
  • WMHT Partner — Supported the 2026 Juneteenth Freedom Day Celebration through leadership and investment.
  • Whiteman Osterman & Hanna LLP Partner — Served on the Honorary Committee for the 2026 Juneteenth Freedom Day Celebration.
strategies · 4

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Capital Access Through Strategic Partnerships
    methodology: capital-access-partnerships
    By partnering with financial institutions, we produce improved access to capital for minority-owned businesses, because collaboration with established systems reduces structural barriers and increases credibility and financial literacy within underserved communities.
  • Culturally Competent Programming and Advocacy
    methodology: culturally_competent_programming
    By delivering culturally competent programming and advocacy, we produce stronger engagement and outcomes among BIPOC entrepreneurs, because trust and relevance are increased when services reflect community values, experiences, and systemic challenges.
  • Equity-Focused Economic Development
    methodology: equity-focused economic development
    By centering equity in economic development initiatives, we produce more sustainable and inclusive growth for Black and minority-owned businesses, because systemic inequities require targeted intervention to overcome structural barriers to access and capital.
  • Social-First Networking for Community Building
    methodology: social-first networking
    By using social-first events to foster networking, we produce deeper professional connections among Black business leaders, because informal, culturally resonant gatherings lower barriers to entry and build trust more effectively than formal settings alone.