Nonprofits›Urban Empowerment Fund
Community Improvement & Capacity Building
Urban Empowerment Fund
NEW YORK, NY
Total revenue
$2.5M
Total expenses
$710K
Net assets
$4.0M
Grants received
—
EIN
900853595
Tax year
2024
Mission
The urban empowerment fund's mission is to help minority business enterprises (mbes) gain access to capital, survive, prosper, grow, create jobs and generate individual and community wealth.
Financials
FY 2024
Revenue
Contributions & grants$2.3M
Program service revenue$158K
Investment income—
Other revenue—
Total revenue$2.5M
Expenses
Grants paid—
Salaries & benefits$297K
Fundraising—
Other expenses$414K
Total expenses$710K
Total assets$6.9M
Net assets$4.0M
People
4 listed
NameRoleCompensation
MARC H MORIAL
BOARD CHAIR
Board
—
1 hrs/wk
JEFFREY BULLER
BOARD MEMBER-SECRETARY
Board
—
1 hrs/wk
KHARY P BARNES
BOARD MEMBER-TREASURER
Board
—
1 hrs/wk
OSEREMI ADEKOYE
VP OF LENDING
Staff
$185K
40 hrs/wk
Independent contractors
DONALD BOWEN
CONSULTING SERVICE
Details
EIN900853595
NTEE codeS31
Subsection03
Ruling date2013-10
Formed2011
Employees1
Volunteers2