Public Charity

ASSOCIATION FOR BLACK ECONOMIC POWER

Based in MINNEAPOLIS, MN, ASSOCIATION FOR BLACK ECONOMIC POWER operates as a Public Charity. The organization reported $130K in revenue, $534K in expenses, $152K in total assets for fiscal year 2025. Imperigo tracks 12 reported grant relationships connected to this organization totaling approximately $630K.

EIN: 815486146 MINNEAPOLIS, MN Economic Development NTEE: S30 Latest filing: 2025
Total Revenue$130K
Total Expenses$534K
Total Assets$152K
Grant Records12
Funding Total$630K
Filing Years2020–2025

Mission

SEE SCHEDULE O.SEE FORM 990, PART I, LINE 1.

Officers & Directors

SECRETARY Ben Hering
EXECUTIVE DIRECTOR Debra Hurston
CHAIR Dr Juneau Robbins
DIRECTOR Gracie George
TREASURER Grover Jones
DIRECTOR Kiley Demery

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL OPERATING SUPPORT
$347,500 2 grants
Transform local communities by equipping Black people with powerful economic tools and resources.
$90,171 1 grant
COMMUNITY & ECONOMIC DEVELOPMENT
$40,000 1 grant
PUBLIC AFFAIRS/SOCIETY BENEFIT
$35,000 1 grant
For grant recipient's exempt purposes
$28,450 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $130K $534K $152K
2024 $682K $649K $588K
2023 $182K $488K $522K
2022 $501K $416K $856K
2020 $793K $250K $1.0M

Between 2020 and 2025, reported annual revenue declined from $793K to $130K (-84%), with total assets most recently reported at $152K.

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

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