Cook County Black Chamber of Commerce Corporation

EIN: 834568333

Chicago, IL

Total Revenue
$573,729
Total Expenses
$567,408
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
IL
Principal Officer
ANDREA J HIBBLER
Phone
3127947765
Tax Period
2021-01-01 to 2021-12-31

Cook County Black Chamber of Commerce Corporation, founded in 2019, is a small nonprofit that reported $574K in total revenue in fiscal year 2021. Revenue surged 240% from the prior year, signaling strong growth momentum.

Mission

To advocate and support the growth of black owned businesses Providing access to capital workshops training and events

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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 (2021)

Revenue Breakdown

Contributions & Grants $64,416
Program Service Revenue $509,313
Investment Income $0
Other Revenue $0
TOTAL REVENUE $573,729

Expense Breakdown

Grants Paid $0
Salaries & Benefits $529,651
Fundraising Expenses $0
Program Expenses $293,127
Other Expenses $37,757
TOTAL EXPENSES $567,408

Year-over-Year Comparison

2021 2020 Change
Revenue $573,729 $168,965 +2.4%
Expenses $567,408 $180,466 +2.1%
Net Income $6,321 $-11,501 -1.5%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREA J HIBBLER CEO and Founder N/A
Officer
$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
2021 $573,729 $567,408 No data $6,321
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