Small Business Empowerment Center
The Small Business Empowerment Center (SBEC) is uniquely qualified to assist small businesses in the distressed areas of St. Louis County and St. Louis City. For 14 years the SBEC has worked in the Empowerment Zone (EZ) to help residents and entrepreneurs start and grow businesses in the urban core.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
-10.2% YoY
Annual Giving
$515K
Grant Count
2
Avg Grant Size
$258K
About Small Business Empowerment Center
Based on IRS filings
Small Business Empowerment Center is a nonprofit organization focused on Community Improvement & Capacity Building, based in SAINT LOUIS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 2 grants totaling $515K. Net investment income was $28.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,659,778 | $1,848,082 | $720,015 |
| Revenue | $3,153,711 | $2,537,924 | $910,054 |
| Expenses | $2,282,840 | $1,442,437 | $941,106 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $28 | $1,524 | $1,352 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Open Grants
1 open opportunity from Small Business Empowerment Center
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kevin Wilson | Program Director | 40 | $215,000 |
| Reginald Scott | Director | 1 | — |
| Michelle Stuckey | Director | 1 | — |
| Denise Phillips | Director | 1 | — |
| Craig Higgins | Director | 1 | — |
| John Henderson | Secretary | 1 | — |
| Cheryl Walker | Director | 1 | — |
| Alan Richter | Chairman | 1 | — |
| Mitchell Washington | Treasurer | 1 | — |
| Joe Frank | Vice Chairman | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Small Business Empowerment Center on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities