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Nonprofits›Small Business Empowerment Center

Community Improvement & Capacity Building

Small Business Empowerment Center

SAINT LOUIS, MO

Website View as a funder

Total revenue

$3.2M

Total expenses

$2.3M

Net assets

$1.6M

Grants received

$2.9M

25 grants

EIN

800563561

Tax year

2024

Mission

The Small Business Empowerment Center (SBEC) is uniquely qualified to assist small businesses in the distressed areas of St. Louis County and St. Louis City. For 15 years the SBEC has worked in the Empowerment Zone (EZ) to help residents and entrepreneurs start and grow businesses in the urban core. The EZ was a federally designated distressed area that gave economic development incentives - such as tax credits, loans and bonds to help relieve poverty in certain geographic regions of the country.

Programs

1 program

n/a

Financials

FY 2024

Revenue

Contributions & grants$3.1M

Program service revenue$13K

Investment income$28

Other revenue$576

Total revenue$3.2M

Expenses

Grants paid$515K

Salaries & benefits$1.0M

Fundraising—

Other expenses$730K

Total expenses$2.3M

Total assets$1.7M

Net assets$1.6M

People

10 listed

NameRoleCompensation

Kevin Wilson

Program Director

Board

$215K

40 hrs/wk

Reginald Scott

Director

Board

—

1 hrs/wk

Michelle Stuckey

Director

Board

—

1 hrs/wk

Denise Phillips

Director

Board

—

1 hrs/wk

Craig Higgins

Director

Board

—

1 hrs/wk

John Henderson

Secretary

Board

—

1 hrs/wk

Cheryl Walker

Director

Board

—

1 hrs/wk

Alan Richter

Chairman

Board

—

1 hrs/wk

Mitchell Washington

Treasurer

Board

—

1 hrs/wk

Joe Frank

Vice Chairman

Board

—

1 hrs/wk

Grants received

Showing 25 of 25

FromAmountPurposeYear

JAMES S MCDONNELL FOUNDATION

$1M

ST. LOUIS LOW-INCOME INVESTMENT FUND AND TECHNICAL ASSISTANCE (ST. LOUIS LIFT)

2024

BIOSTL

$370K

SUBRECIPIENT PASS THROUGH OF FEDERAL FUNDS UNDER THE EDA BUILD BACK BETTER GRANT

2024

EWING MARION KAUFFMAN FOUNDATION

$120K

SUPPORT FOR THE IMPLEMENTATION OF BUSINESS ASSESSMENT CRITERIA AND ASSOCIATED EDUCATIONAL PROGRAMS TO SERVE MAIN STREET SMALL BUSINESSES IN NORTH ST. LOUIS. 202204-12267

2024

NATIONAL ASSOCIATION FOR LATINO

$15K

FINANCIAL CAPABILITY

2024

EMPLOYEES COMMUNITY FUND

$10K

COMMUNITY SUPPORT

2024

ST LOUIS COMMUNITY FOUNDATION INC

$10K

ENCORE ENTREPRENEURS

2024

AARP FOUNDATION

$8K

GRANT TO SUPPORT AARP FOUNDATION'S ECONOMIC MOBILITY PROGRAM

2024

JPMORGAN CHASE FOUNDATION

$250K

IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION

2023

EDWARD JONES FOUNDATION

$200K

COMMUNITY SERVICE

2023

EWING MARION KAUFFMAN FOUNDATION

$120K

SUPPORT FOR THE IMPLEMENTATION OF BUSINESS ASSESSMENT CRITERIA AND ASSOCIATED EDUCATIONAL PROGRAMS TO SERVE MAIN STREET SMALL BUSINESSES IN NORTH ST. LOUIS. 202204-12267

2023

Enterprise Holdings Foundation

$10K

Program Support

2023

AARP FOUNDATION

$8K

Grant to support AARP Foundation's Work for Yourself 50+ workshops

2023

JPMORGAN CHASE FOUNDATION

$250K

IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION

2022

EWING MARION KAUFFMAN FOUNDATION

$120K

SUPPORT FOR THE IMPLEMENTATION OF BUSINESS ASSESSMENT CRITERIA AND ASSOCIATED EDUCATIONAL PROGRAMS TO SERVE MAIN STREET SMALL BUSINESSES IN NORTH ST. LOUIS. 202204-12267

2022

EWING MARION KAUFFMAN FOUNDATION

$50K

SUPPORT FOR TIME AND TRAVEL EXPENSES TO PARTICIPATE IN A LEARNING COMMUNITY OF ENTREPRENEUR SUPPORT ORGANIZATIONS. 202210-13238

2022

The Community Foundation of Greater Chattanooga Inc

$10K

MINORITY AND WOMEN BUSINESS SUPPORT PROGRAM

2022

Enterprise Holdings Foundation

$10K

Program Support