Public Charity

ASSOCIATION FOR BLACK ECONOMIC POWER

Based in MINNEAPOLIS, MN, ASSOCIATION FOR BLACK ECONOMIC POWER operates as a Public Charity. The organization reported $682K in revenue, $649K in expenses, $588K in total assets for fiscal year 2024. Imperigo tracks 12 reported grant relationships connected to this organization totaling approximately $630K.

EIN: 815486146 MINNEAPOLIS, MN Latest filing: 2024
Total Revenue$682K
Total Expenses$649K
Total Assets$588K
Grant Records12
Funding Total$630K
Filing Years2019–2024

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
2024 $682K $649K $588K
2023 $182K $488K $522K
2022 $501K $416K $856K
2020 $793K $250K $1.0M
2019 $985K $699K $438K

Between 2019 and 2024, reported annual revenue declined from $985K to $682K (-31%), with total assets most recently reported at $588K.

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

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