Association for Black Economic Power
See form 990, part I, line 1.
Association for Black Economic Power at a glance
- Total assets
- $151,996
- -74.2% vs 2024
- Revenue (2025)
- $129,774
- -81.0% vs 2024
- Net investment income (2025)
- $84
- -94.9% vs 2024
- Expenses (2025)
- $533,913
- -17.8% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Association for Black Economic Power funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2021 it made 1 grant totaling $261K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Pimento Foundation Minneapolis, MN | Support. | $261,249 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $151,996 | $129,774 | $533,913 | — | — | $84 |
| 2024 | $588,007 | $682,388 | $649,355 | — | — | $1,632 |
| 2023 | $521,918 | $182,196 | $488,037 | — | — | $1,036 |
| 2022 | $856,015 | $500,502 | $416,122 | — | — | $284 |
| 2021 | $756,167 | $267,552 | $507,447 | $261,249 | 1 | $120 |
| 2020 | $1,002,181 | $792,727 | $250,268 | — | — | $46 |
| 2019 | $438,447 | $984,958 | $698,881 | — | — | $125 |
About Association for Black Economic Power
Based on IRS filings
Association for Black Economic Power is a public charity focused on Community Improvement & Capacity Building, based in Minneapolis, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $152K in total assets. Net investment income was $84.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Association for Black Economic Power is led by Debra Hurston, Executive Director on every filing since 2020; 1 of 8 officers listed in 2025 is compensated.
Officers on the 2025 filing
Debra Hurston
Executive Director
On filings since 2020
40 hrs/week
$100K (2021) → $110K (2025)
Juneau Robbins
Chair
On filings since 2023
2 hrs/week
No compensation reported
Gracie George
Director
Secretary → Director, 2022
On filings since 2020
2 hrs/week
No compensation reported
Sean James
Director
On filings since 2023
2 hrs/week
No compensation reported
Kiley Demery
Director
On filings since 2024
2 hrs/week
No compensation reported
Sandy Johnson
Director
On filings since 2024
2 hrs/week
No compensation reported
Grover Jones
Treasurer
On filings since 2022
2 hrs/week
No compensation reported
Ben Hering
Secretary
On filings since 2023
2 hrs/week
No compensation reported
Former officers (13)
- Former: Valerie Geaither (2020–2023) — Director
- Former: Ibrahim Owolabi (2022–2023) — Director
- Former: Aquilla Robinson (2023) — Director
- Former: James Holmes (2023) — Director
- Former: Chaz Sandifer (2022) — Director
- Former: Simone Hardeman-Jones (2022) — Secretary
- Former: Domonique Scott (2020–2021) — Director
- Former: Shane Hughley (2020–2021) — Director
- Former: Elaine Rasmussen (2019–2020) — Interim Executive Director
- Former: Felicia Perry (2019) — Director
- Former: Jonathan Banks (2019) — Chair
- Former: Malcom Wells (2019) — Secretary
- Former: Patrick Troska (2019) — Treasurer
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $110K, to Debra Hurston (Executive Director).
Frequently asked questions about Association for Black Economic Power
How large is Association for Black Economic Power?
Association for Black Economic Power reported $152K in total assets on its 2025 IRS Form 990. Its revenue that year was $130K.
What is Association for Black Economic Power?
Association for Black Economic Power is a public charity focused on Community Improvement & Capacity Building, based in Minneapolis, MN. It holds $152K in total assets as of 2025.
Where does Association for Black Economic Power operate?
Association for Black Economic Power has awarded grants in Minnesota.
What is Association for Black Economic Power's EIN?
Association for Black Economic Power's EIN (Employer Identification Number) is 81-5486146. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 4, 2022)
- Added Form 990 for fiscal year 2019 (received by the IRS March 25, 2021)
- Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)
Live grants for the work Association for Black Economic Power funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Association for Black Economic Power's focus areas in our free grants database
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Association for Black Economic Power down — hundreds of funders to go?