Chelsea Black Community Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The mission of the CBC is to continue to provide training education and information to a community of individuals of all races cultures and creeds who through a myriad of roadblocks have not been able to take advantage of all of the economic opportunities that our society offers to those that are informed and who have been willing to work and learn in creating success and prosperity to themselves and their families.
- Income
- $245,592
- Spending
- $226,315
- Spent on programs
- 73%
- Reserves
- 0 months of spending
- Largest source of income
- government grants, 90%
- Employees
- 5
- Volunteers
- 15
- Highest pay
- $40,460, president
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 59 out of 100. Higher than 31% of charities in its peer group (community improvement, under $250k).
Reserves
4 of 35Spendable reserves would cover 0.0 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 8% of income.
Income trend
5 of 15Income fell 11% on the year before.
Spending floor
15 of 1573% of spending went to programs and raising each dollar of donations cost 10 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 80 out of 100. Higher than 67% of charities in its peer group (community improvement, under $250k).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $224,867 spent. Our Workforce Development Training and Educational Program was the major focus of our programming and expenditures of approximately $215,292. This included educational classes and skills training in the students most selected and enrolled training programs of Plumbing Heating Ventilation & Air Conditioning HVAC and Electricity. At the inception of this program we were the only citywide complete Skilled Trades Training Program. Other local organizations are also recognizing the benefits of implementing this program. We are proud that the majority of our previously enrolled students upon completing their initial coursework and training are advancing to the next level of training through apprenticeships or hands-on work in their chosen field with local unions. One student excelled academically in his electrical class and was awarded $500 serving as a role model. We are proud of his achievement and the excellent training provided by the Peter School often acknowledged as the Best Skills Training Program in the State of Massachusetts. This grant has enabled us to offer training for careers that many students may not have pursued or afforded otherwise. The program not only provides training but also fosters lifelong friendships and the potential for financially secure futures for students and their families.
- $30,000 spent. The COVID-19 vaccination program in Massachusetts extended until December 2024. Our organization played a crucial role in administering vaccinations in partnership with the City of Chelseas Health Department the Chelsea Senior Center and Cataldo Ambulance Service. As the program progressed we expanded to include individuals aged six months and older. This initiative not only fostered lasting community connections but also boosted the vaccination rate to over 92% leading to a significant decline in COVID-related deaths in Chelsea. Our collaborative efforts with various Chelsea agencies and boards have resulted in our members now actively participating or volunteering in key city organizations such as the Chelsea Housing Board CAPIC Chelsea City Council Chelsea Chamber of Commerce Veterans Board of Revere Green Roots and ROCA. By engaging with these entities we continue to support and advocate for the community effectively. Our involvement in vaccinating individuals aged six months and above was instrumental in reducing the impact of the disease and we are proud to have contributed to this important cause.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.