NonprofitsBlack Business Enterprises Fund

Human Services

Black Business Enterprises Fund

MINNEAPOLIS, MN

Total revenue

$357K

Total expenses

$195K

Net assets

$232K

Grants received

$34K

3 grants

EIN

863609489

Tax year

2024

Mission

To help minorities establish their worth to wealth

Financials

FY 2024

Revenue

Contributions & grants$50K
Program service revenue$307K
Investment income
Other revenue
Total revenue$357K

Expenses

Grants paid
Salaries & benefits$8K
Fundraising$71K
Other expenses$188K
Total expenses$195K
Total assets$196K
Net assets$232K

People

6 listed

NameRoleCompensation

Nancy Korsah

CEO

Board

0

Tracy Call

Board Chair

Staff

5 hrs/wk

Otis Artis

Board Member

Staff

5 hrs/wk

Charles Wyatt

Board Member

Staff

5 hrs/wk

Jessica Westberg

Board Member

Staff

5 hrs/wk

Christy Loy

Board Member

Staff

5 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$10K
GENERAL OPERATING SUPPORT
2022
$10K
GENERAL OPERATING SUPPORT
2022

Funded by

$34K from 3 funders · 3 grants · 2022

The Jay And Rose Phillips Family

$10K · 1 grant · 2022

Cla Foundation

$10K · 1 grant · 2022

Details

EIN863609489
NTEE codeP99
Subsection03
Ruling date2022-02
Employees0
BLACK BUSINESS ENTERPRISES FUND — Mission, Financials & Grants Received | Grantivo