SMALL BUSINESS EMPOWERMENT FUND CDFI

Wildwood, MO, 63011 (314) 241-1697 Est. 2020 EIN 85-3225961
S30 - Economic Development 990 - Public charity return 501(c)(3)
stlouissbec.org

Mission

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.

Giving Portfolio

Total Grants
18
Total Giving
$1.1M
Recipients
17
Years Active
2025
Avg grant: $60,011 Median: $30,000

Sectors Funded

Community Improvement
2

Top States

Missouri
9
Wisconsin
3
Georgia
2
Alabama
2
Maryland
2

Grantee Size Profile

$1M - $5M
2

Top Grantees

Page 1 of 2
Freddie Lee's Gourmet Souces
MO
$30K
Sherman Park Grocery
WI
$30K
Polaris Bhm
AL
$30K
Bama Health Foods LLC
AL
$30K
The TUF Club Fitness and Wellness Center
MO
$30K
HoneyBee Sage Wellness & Apotherapy LLC
WI
$30K
AMRI Counseling Services
WI
$30K
The Urban Oyster
MD
$30K
Yol You Only Live
GA
$30K

Grants Awarded · 2 grants

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Financials

Total Revenue
$1,299,835
Total Expenses
$780,790
Net Assets
$1,217,103
10 volunteers
From latest filing (tax period ending 2025-12-31)

Financial Health

Operating Reserve
18.7 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 159.6%
Expenses ↑ >999%
Revenue Sources
Contributions 98.6% Investment 1.1%
Expense Breakdown
Program 99.9% Management 0.1%

Officers & Trustees (11)

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Filing History (4 filings)

YearRevenueExpensesNet Assets
2025 990 - Public charity return
Jan 1, 2025 to Dec 31, 2025
$1,299,835 ↑$780,790$1,217,103
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$500,731 ↑$53,298$698,058
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$126,780 ↑$510$250,625
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$125,285 $519$124,355

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EIN: 85-3225961 · Source: IRS Form 990 e-file data