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Filing year 2024

BLACK CHAMBER OF COMMERCE OF NEW MEXICO

Albquerque, New Mexico·EIN 83-2191054·NTEE S41 · Community Improvement & Capacity Building·3
Total revenue
$535k
Total assets
$623k
Total expenses
$422k
Reported officers
13
Mission

OUR PURPOSE IS TO PROMOTE SUSTAINABLE ECONOMIC GROWTH AND EMPOWERMENT WITHIN THE BLACK-OWNED BUSINESS COMMUNITY. WE ARE COMMITTED TO ACHIEVING THIS BY FOCUSING ON FOUR KEY PILLARS: EDUCATION, ADVOCACY, MENTORSHIP, AND NETWORKING. THROUGH EDUCATION, WE STRIVE TO EQUIP BLACK-OWNED BUSINESSES WITH THE KNOWLEDGE, SKILLS, AND RESOURCES NECESSARY TO THRIVE IN A COMPETITIVE MARKETPLACE. BY PROVIDING ACCESS TO EDUCATIONAL PROGRAMS, WORKSHOPS, AND SEMINARS, WE AIM TO EMPOWER ENTREPRENEURS WITH VALUABLE INSIGHTS, INDUSTRY TRENDS, AND BEST PRACTICES. ADVOCACY LIES AT THE HEART OF OUR MISSION. WE ADVOCATE FOR THE INTERESTS AND NEEDS OF BLACK-OWNED BUSINESSES AT VARIOUS LEVELS, ENGAGING WITH POLICYMAKERS, ORGANIZATIONS, AND STAKEHOLDERS TO DRIVE MEANINGFUL CHANGE. BY CHAMPIONING INCLUSIVE POLICIES, FOSTERING AN EQUITABLE BUSINESS ENVIRONMENT, AND ADDRESSING SYSTEMIC BARRIERS, WE AIM TO CREATE A MORE LEVEL PLAYING FIELD FOR BLACK ENTREPRENEURS. MENTORSHIP PLAYS A CRUCIAL ROLE IN OUR APPROACH. WE BEL

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Ceo/presiden
officer (unspecified)
$75k
$80k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Financial trend

Revenue and expenses over time

BLACK CHAMBER OF COMMERCE OF NEW MEXICO reported revenue and expenses across 2 filing years.

RevenueExpenses
$484k
2023
$535k
$422k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn

Comparable community improvement & capacity building organizations nationwide pay their highest-earning executive a median of $74,928.

25th percentile
$33k
Median
$74,928
75th percentile
$138k
90th percentile
$234k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 2,512 organizations across 2,512 filings (2021 – 2023).

See full Community Improvement & Capacity Building compensation data
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