SMALL BUSINESS EMPOWERMENT FUND CDFI
AI Summary
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The Small Business Empowerment Fund CDFI is a community development financial institution based in St. Louis City and County, dedicated to providing credit and financial services to underserved markets and populations. With an operating budget of $53.3K and total revenue of $500.7K for the 2024 filing year, the organization relies heavily on a single funder, which contributes $515K, accounting for over 50% of its revenue. More information can be found on their website at https://stlouissbec.org.
Mission Statement
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.
Cause Areas
1
Economic development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
SMALL BUSINESS EMPOWERMENT CENTER
$515K
97%
Frequently Asked Questions
What is SMALL BUSINESS EMPOWERMENT FUND CDFI’s budget?
In 2024, SMALL BUSINESS EMPOWERMENT FUND CDFI reported an annual operating budget of around $53 thousand. More detailed financial information is available to registered users.
What causes does SMALL BUSINESS EMPOWERMENT FUND CDFI support?
SMALL BUSINESS EMPOWERMENT FUND CDFI supports work in Economic development.
Where does SMALL BUSINESS EMPOWERMENT FUND CDFI operate?
SMALL BUSINESS EMPOWERMENT FUND CDFI is headquartered in Wildwood, MO.
Who funded SMALL BUSINESS EMPOWERMENT FUND CDFI recently?
In 2024, SMALL BUSINESS EMPOWERMENT FUND CDFI received grants from SMALL BUSINESS EMPOWERMENT CENTER. More information on this organization’s funders is available to registered users.
What is the largest grant SMALL BUSINESS EMPOWERMENT FUND CDFI received in 2024?
The largest grant to SMALL BUSINESS EMPOWERMENT FUND CDFI in 2024 exceeds $500 thousand.