Albany, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Albany Black Chamber of Commerce, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $429K in total revenue in fiscal year 2024. Revenue surged 75% from the prior year, signaling strong growth momentum.
ENCOURAGE THE DEVELOPMENT, PROMOTION, AND GROWTH OF BLACK AND MINORITY-OWNED BUSINESSES IN THE GREATER CAPITAL REGION.
THE ALBANY BLACK CHAMBER OF COMMERCE HOSTED MULTIPLE PROFESSIONAL DEVELOPMENT EVENTS FOR LOCAL BUSINESS LEADERS. THESE EVENTS INCLUDE EMPIRE, WHICH IS A SPEAKER SERIES THAT IS HOSTED ONCE PER QUARTER...
THE ALBANY BLACK CHAMBER OF COMMERCE HOSTED MULTIPLE PROFESSIONAL DEVELOPMENT EVENTS FOR LOCAL BUSINESS LEADERS. THESE EVENTS INCLUDE EMPIRE, WHICH IS A SPEAKER SERIES THAT IS HOSTED ONCE PER QUARTER AND FEATURES GLOBAL INDUSTRY EXPERTS, AND UPSTREAM, A MONTHLY PANEL THAT HIGHLIGHTS BOTH LOCAL INDUSTRY EXPERTS AND CHAMBER MEMBERS.
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...
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.
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $428,810 | $244,650 | +0.8% |
| Expenses | $464,245 | $315,547 | +0.5% |
| Net Income | $-35,435 | $-70,897 | -0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Deshanna Wiggins | Executive Director | 40.00 |
Director
Key Emp
Highest
|
$80,000 | $0 | $80,000 |
| Jahkeen Hoke | Treasurer | 5.00 |
Director
|
$0 | $0 | $0 |
| Corey Ellis | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Walter Porter | Chair | 5.00 |
Director
|
$0 | $0 | $0 |
| James Sanders | Vice Chair | 5.00 |
Director
|
$0 | $0 | $0 |
| Natisha Alexander | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Robert Nichols | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Rick Ostroff | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Tamika Otis | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Obar Robinson | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Elton Tune | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Kizzy Williams | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $428,810 | $464,245 | $28,535 | $-35,435 |
| 2023 | $244,650 | $315,547 | $39,488 | $-70,897 |
| 2022 | $200,050 | $108,739 | $91,311 | $91,311 |
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