NonprofitsBlack Economic Collective

Community Improvement & Capacity Building

Black Economic Collective

GRESHAM, OR

Total revenue

$169K

Total expenses

$193K

Net assets

$81K

Grants received

$81K

5 grants

EIN

301334785

Tax year

2024

Mission

The black economic collective is a grassroots, community-based organization with a mission of community development through financial education, resource allocation, and a collaborative effort.

Programs

2 programs

Becs youth enrichment initiative is carried out through our little africa program. Little africa is a mentorship program, geared towards black male youth where we expose them to the greater outdoors, connect them to work opportunities and aid them in developing life skills that are vital components of adulthood, necessary for thriving in the world we live in.

Becs community outreach initiative is primarily expressed through a concerted,intentional effort to highlight and appreciate the amazing work being done by other black organizations as well as the services provided by our local black businesses.

Financials

FY 2024

Revenue

Contributions & grants$169K
Program service revenue
Investment income$13
Other revenue
Total revenue$169K

Expenses

Grants paid
Salaries & benefits$120K
Fundraising$35K
Other expenses$73K
Total expenses$193K
Total assets$81K
Net assets$81K

People

5 listed

NameRoleCompensation

BRIAN ODOM

EXECUTIVE DIRECTOR

Board

$55K

40 hrs/wk

CHRISTIAN HUDNELL

BOARD MEMBER

Board

1 hrs/wk

JREYESHA BRANNON

BOARD CHAIR - SECRETARY

Board

1 hrs/wk

OKECHUKWA NWEREM

TREASURER

Board

1 hrs/wk

JATAUNE HALL

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$20K
GENERAL ASISTANCE
2024
$6K
The Black Economic Excellence Youth Financial Literacy Program
2024
$50K
BEM GRANT TO SUPPORT PROGRAMS AND OPERATIONS TO PROVIDE COMMUNITY DEVELOPMENT THROUGH FINANCIAL EDUCATION, RESOURCE ALLOCATION, AND COLLABORATIVE EFFORT FOR BIPOC YOUTH AND ADULTS IN MULTNOMAH COUNTY
2023
$5K
The Black Economic Excellence Youth Financial Literacy Program
2023
$60
CHILDREN & FAMILIES
2023

Funded by

$81K from 4 funders · 5 grants · 2023–2024

The Collins Foundation

$50K · 1 grant · 2023

Rivermark Community Credit Union

$20K · 1 grant · 2024

Umpqua Bank Charitable Foundation

$11K · 2 grants · 2023–2024

Deacon Charitable Foundation

$60 · 1 grant · 2023

Details

EIN301334785
NTEE codeS20
Subsection03
Ruling date2023-02
Formed2022
Employees4
BLACK ECONOMIC COLLECTIVE — Mission, Financials & Grants Received | Grantivo