Public Charity

SMALL BUSINESS EMPOWERMENT CENTER

SMALL BUSINESS EMPOWERMENT CENTER is a nonprofit organization categorized as Public Charity based in Saint Louis, MO. Its most recent IRS filing (2025) reports revenue of $3.2M, expenses of $3.6M, total assets of $1.6M. Imperigo tracks 15 reported grant relationships connected to this organization totaling approximately $1.2M.

EIN: 800563561 Saint Louis, MO Community & Neighborhood Development NTEE: S20 Latest filing: 2025
Total Revenue$3.2M
Total Expenses$3.6M
Total Assets$1.6M
Grant Records15
Funding Total$1.2M
Filing Years2021–2025

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.

Where $100 goes at Small Business Empowerment Center

How Small Business Empowerment Center divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$81 Programs the work itself
$19 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $81 for programs

$81
SBEC Program is designed to deliver up-to-date counseling, training and technical assistance in all aspects of small business management
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Chairman Alan Richter
Director Cheryl Walker
Director Craig Higgins
Director Denise Phillips
Vice Chairman Joe Frank
Secretary John Henderson

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$738,200 7 grants
Civil Rights & Social Justice
$55,000 1 grant
Training & Professional Development
$53,220 3 grants
Economic Development
$27,500 3 grants
Unspecified
$300,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $3.2M $3.6M $1.6M
2024 $3.2M $2.3M $1.7M
2023 $2.5M $1.4M $1.8M
2022 $910K $941K $720K
2021 $618K $585K $677K

Between 2021 and 2025, reported annual revenue grew from $618K to $3.2M (+422%), with total assets most recently reported at $1.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for SMALL BUSINESS EMPOWERMENT CENTER

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