Public Charity

Black Business Enterprises Fund

Black Business Enterprises Fund is a Public Charity headquartered in Minneapolis, MN. Financial data from the 2024 filing: $357K revenue, $195K expenses, $196K total assets. 1 publicly reported grants to this organization, totaling roughly $14K, appear in IRS filings.

EIN: 863609489 Minneapolis, MN Latest filing: 2024
Total Revenue$357K
Total Expenses$195K
Total Assets$196K
Grant Records1
Funding Total$14K
Filing Years2022–2024

Mission

To help minorities establish their worth to wealth

Officers & Directors

Board Member Charles Wyatt
Board Member Christy Loy
Board Member Jessica Westberg
CEO Nancy Korsah
Board Member Otis Artis
Board Chair Tracy Call

Officer compensation and complete director data available with membership.

Top Grant Purposes

Scholarships
$14,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $357K $195K $196K
2023 $175K $125K $76K
2022 $350K $347K $3K

Between 2022 and 2024, reported annual revenue grew from $350K to $357K (+2%), with total assets most recently reported at $196K.

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

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