DC CHAMBER OF COMMERCE

EIN: 237158230

WASHINGTON, DC

Total Revenue
$2,005,130
Total Expenses
$1,889,243
Total Assets
$965,981
Net Assets
$434,559
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1938
Legal Domicile
DC
Principal Officer
CHINYERE HUBBARD
Phone
2023477201
Tax Period
2024-01-01 to 2024-12-31

DC CHAMBER OF COMMERCE, founded in 1938, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $1.9M left a modest 6% surplus.

Mission

TO PROVIDE ADVOCACY AND BUSINESS DEVELOPMENT OPPORTUNITIES FOR THE BUSINESS COMMUNITY OF THE DISTRICT TO PROMOTE THE ECONOMIC, COMMERCIAL, INDUSTRIAL, AND CIVIL WELFARE OF THE DISTRICT OF COLUMBIA BY MOBILIZING TECHNICAL AND MANAGEMENT RESOURCES, PROVIDING MANAGEMENT TRAINING AND TECHNICAL ASSISTANCE THROUGH EDUCATIONAL MATERIAL, TRAINING AND INSTRUCTING SMALL BUSINESSES AND PROVIDING ADVOCACY AND BUSINESS DEVELOPMENT OPPORTUNITIES FOR THE BUSINESS COMMUNITY IN THE DISTRICT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $194,968
Program Service Revenue $1,374,741
Investment Income $10
Other Revenue $435,411
TOTAL REVENUE $2,005,130

Expense Breakdown

Grants Paid $0
Salaries & Benefits $613,616
Fundraising Expenses $40,330
Other Expenses $1,275,627
TOTAL EXPENSES $1,889,243

Year-over-Year Comparison

2024 2023 Change
Revenue $2,005,130 $2,719,388 -0.3%
Expenses $1,889,243 $2,692,053 -0.3%
Net Income $115,887 $27,335 +3.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
54
Independent Members
54
Employees
6
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$177,825
Total Directors
54
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELA FRANCO PRESIDENT AN 40.00
Officer
$170,510 $7,315 $177,825
BRETT ALLEN DIR GOV AFFA 40.00
Highest
$144,980 $9,460 $154,440
NATALIE HARRIS CHIEF OF STA 40.00
Highest
$125,100 $7,891 $132,991
DANIEL ABERRA BOARD MEMBER 1.00
Director
$0 $0 $0
LISA BROWN ALEXANDER BOARD MEMBER 1.00
Director
$0 $0 $0
VIDA ALI BOARD MEMBER 1.00
Director
$0 $0 $0
WILIAM ALSUP BOARD MEMBER 1.00
Director
$0 $0 $0
FELIS ANDRADE BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH ASKEW BOARD MEMBER 1.00
Director
$0 $0 $0
CLAUDE BAILEY BOARD MEMBER 1.00
Director
$0 $0 $0
EMMANUEL BAILEY BOARD MEMBER 1.00
Director
$0 $0 $0
WINELL BELFONTE TREASURER 1.00
Officer Director
$0 $0 $0
BRIAN BURKE BOARD MEMBER 1.00
Director
$0 $0 $0
STACY BURNETTE 1ST VICE CHA 1.00
Officer Director
$0 $0 $0
WENDY CARR BOARD MEMBER 1.00
Director
$0 $0 $0
RYAN CHAFFO BOARD MEMBER 1.00
Director
$0 $0 $0
EVENS CHARLES BOARD MEMBER 1.00
Director
$0 $0 $0
COLETTE CHICHESTER BOARD MEMBER 1.00
Director
$0 $0 $0
KAREN DALE BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT DURU BOARD MEMBER 1.00
Director
$0 $0 $0
ANDRES ECHEVERRI BOARD MEMBER 1.00
Director
$0 $0 $0
BRETT GREENE BOARD MEMBER 1.00
Director
$0 $0 $0
SETH GROSSMAN BOARD MEMBER 1.00
Director
$0 $0 $0
DELICIA GUNN BOARD MEMBER 1.00
Director
$0 $0 $0
JACQAY HENDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
ZACH HENG BOARD MEMBER 1.00
Director
$0 $0 $0
CAROLYN HOWELL BOARD MEMBER 1.00
Director
$0 $0 $0
EARLE C HORTON III BOARD MEMBER 1.00
Director
$0 $0 $0
ROSE JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT KINLAW BOARD MEMBER 1.00
Director
$0 $0 $0
TONYA VIDAL KINLOW BOARD CHAIR 1.00
Officer Director
$0 $0 $0
HH LEONARDS BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES MARTINKO BOARD MEMBER 1.00
Director
$0 $0 $0
VALENCIA MCCLURE BOARD MEMBER 1.00
Director
$0 $0 $0
GARETT MCGUIRE BOARD MEMBER 1.00
Director
$0 $0 $0
MARISSA MCKEEVER BOARD MEMBER 1.00
Director
$0 $0 $0
RENEE MCPHATTER BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL MCPHILLIPS BOARD MEMBER 1.00
Director
$0 $0 $0
RONNETTE MEYERS BOARD MEMBER 1.00
Director
$0 $0 $0
HEATHER NESS SECRETARY 1.00
Officer Director
$0 $0 $0
APERA NWORA BOARD MEMBER 1.00
Director
$0 $0 $0
SINDARA OVEKOLA BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES PAGE BOARD MEMBER 1.00
Director
$0 $0 $0
NECOLE PARKER BOARD MEMBER 1.00
Director
$0 $0 $0
DR CAROLYN RUDD BOARD MEMBER 1.00
Director
$0 $0 $0
CONNIE RUSSELL BOARD MEMBER 1.00
Director
$0 $0 $0
RUDY SEIKALY BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
BENJAMIN SOTO BOARD MEMBER 1.00
Director
$0 $0 $0
JIM STEFFES BOARD MEMBER 1.00
Director
$0 $0 $0
HENOK TESFAYE BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN TUCKER 2ND VICE CHA 1.00
Officer Director
$0 $0 $0
SONJA WELLS BOARD MEMBER 1.00
Director
$0 $0 $0
ANNIE WHATLEY BOARD MEMBER 1.00
Director
$0 $0 $0
SIMONE WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
REGINA KNOX WOODS BOARD MEMBER 1.00
Director
$0 $0 $0
RASHAD YOUNG BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,005,130 $1,889,243 $965,981 $115,887
2023 $2,719,388 $2,692,053 $1,263,702 $27,335
2022 $2,605,300 $2,778,080 $1,105,245 $-172,780
2021 $2,530,826 $2,250,598 $918,923 $280,228
2020 $1,758,467 $1,978,125 $675,015 $-219,658
2019 $3,197,272 $3,201,517 $681,269 $-4,245
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