Program areas at Association for Black Economic Power
See schedule o.arise community credit unionin 2023, the Minnesota department of commerce has officially chartered arise credit union, marking a historic moment as Minnesota's first black-led (and newest) credit union in the state in more than two (2) decadesthe abep financial empowerment center (fec) is a program that works with residents within the community, who may be unbanked, underbanked, or victims of predatory lenders, or other fringe banking outlets.our financial empowerment center provides tailored support to individuals at all life stages, from youth to seniors. We offer financial education programs for students, college planning and job readiness for young adults, homeownership and debt management guidance for mid-life adults, and retirement and healthcare cost planning for seniors. Additionally, we assist families with budgeting, insurance, and emergency savings, and provide crisis intervention and recovery support for at-risk individuals. Our goal is to equip everyone in our community with the knowledge and resources they need to achieve financial stability and success.
Grants made by Association for Black Economic Power
Who funds Association for Black Economic Power
Grants from foundations and other nonprofits
Personnel at Association for Black Economic Power
Name | Title | Compensation | Date of data |
---|
Debra Hurston | Executive Director | $99,999 | 2024-10-08 |
Aquilla Robinson | Fec Program Manager | | 2024-10-08 |
Grover C. Jones | Treasurer | $0 | 2024-10-08 |
Dr. Juneau Robbins | Chair | | 2024-10-08 |
Simone Hardeman-Jones | Secretary | $0 | 2022-12-31 |
...and 6 more key personnel |
Financials for Association for Black Economic Power
Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
---|
Total grants, contributions, etc. | $165,296 | $500,218 | -67% |
Program services | $0 | $0 | - |
Investment income and dividends | $1,036 | $284 | 264.8% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $15,864 | $0 | 999% |
Total revenues | $182,196 | $500,502 | -63.6% |
Organizations like Association for Black Economic Power
Organization | Type | Location | Revenue |
---|
Agile City Winston-Salem | 501(c)(3) | Winston Salem, NC | $246,249 |
Kentucky Science Teachers Association (KSTA) | 501(c)(3) | Lexington, KY | $460,583 |
California Biomanufacturing Center | 501(c)(3) | Fairfield, CA | $291,131 |
Michigan Economic Developers Association (MEDA) | 501(c)(3) | Lansing, MI | $463,953 |
Somosvc | 501(c)(3) | San Jose, CA | $509,844 |
Staunton Downtown Development Association | 501(c)(3) | Staunton, VA | $236,521 |
Aerozone Alliance | 501(c)(3) | Cleveland, OH | $514,327 |
Downtown Hampton Development Partnership | 501(c)(3) | Hampton, VA | $743,338 |
Texas Association of Community Development Corporations | 501(c)(3) | Austin, TX | $675,404 |
Biomed Sa | 501(c)(3) | San Antonio, TX | $799,363 |
Data update history
October 8, 2024
Updated personnel
Identified 1 new personnel
September 25, 2024
Updated personnel
Identified 5 new personnel
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 3 new personnel
Nonprofit Types
Professional associationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelTax deductible donationsAccepts online donations
General information
- Address
- 227 Colfax Ave N 30
- Minneapolis, MN 55405
- Metro area
- Minneapolis-St. Paul-Bloomington, MN-WI
- County
- Hennepin County, MN
- Website URL
- abepmpls.org/Â
- Phone
- (612) 588-7821
IRS details
- EIN
- 81-5486146
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2017
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 813920: Professional Associations
- Parent/child status
- Independent
Free account sign-up
Want updates when Association for Black Economic Power has new information, or want to find more organizations like Association for Black Economic Power?
Create free Cause IQ account