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
Ready to take the next step with Small Business Empowerment Center?
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
Among its reported 2024 grants, the largest include Small Business Empowerment Fund Cdfi ($500,000), Other Assistance ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SMALL BUSINESS EMPOWERMENT FUND CDFI Wildwood, MO | — | $500,000 |
| Other Assistance | — | $15,000 |
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
Frequently Asked Questions
What is Small Business Empowerment Center?
Small Business Empowerment Center is a nonprofit organization focused on Community Improvement & Capacity Building, based in SAINT LOUIS, MO. It holds $1.7M in total assets as of 2024.
How large is Small Business Empowerment Center?
As of 2024, Small Business Empowerment Center holds $1.7M in total assets with $3.2M in annual revenue. It awarded 2 grants totaling $515K in 2024.
Where does Small Business Empowerment Center operate?
Small Business Empowerment Center has awarded grants in Missouri.
What size grants does Small Business Empowerment Center award?
In 2024, Small Business Empowerment Center awarded 2 grants totaling $515K — an average of about $258K per grant, based on its IRS Form 990 filings.
What is Small Business Empowerment Center's EIN?
Small Business Empowerment Center's EIN (Employer Identification Number) is 80-0563561. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Small Business Empowerment Center's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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