Public Charity

SMALL BUSINESS EMPOWERMENT FUND CDFI

SMALL BUSINESS EMPOWERMENT FUND CDFI, of Wildwood, MO, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.3M in revenue, $781K in expenses, $1.3M in total assets. 2 publicly reported grants to this organization, totaling roughly $1.5M, appear in IRS filings.

EIN: 853225961 Wildwood, MO Latest filing: 2025
Total Revenue$1.3M
Total Expenses$781K
Total Assets$1.3M
Grant Records2
Funding Total$1.5M
Filing Years2022–2025

Mission

A community development financial institution or community development finance institution - abbreviated in both cases to CDFI - is a financial institution that provides credit and financial services to underserved markets and populations, primarily in the St. Louis City and county.

Officers & Directors

Chairman Alan Richter
Board Member Cheryl Walker
Board Member Craig Higgins
Board Member Denise Phillips
Board Member Dr Joe Frank
Board Member John Henderson

Officer compensation and complete director data available with membership.

Top Grant Purposes

Restricted grant for lending loans to small businesses
$982,000 1 grant
Unspecified
$500,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.3M $781K $1.3M
2024 $501K $53K $760K
2023 $127K $510 $251K
2022 $125K $519 $129K

Between 2022 and 2025, reported annual revenue grew from $125K to $1.3M (+938%), with total assets most recently reported at $1.3M.

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

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