2024-10-08T11:22:12-05:00 2023-12-31 132781641 MITCHELL & TITUS LLP 80 PINE STREET NEW YORK NY 10005 990 2023-01-01 900853595 THE URBAN EMPOWERMENT FUND URBA 2125585300 80 PINE STREET 9TH FLOOR NEW YORK NY 10005 MARC H MORIAL BOARD CHAIR 2125585300 2024-10-08 1 0 FREDERICK E DAVIS JR P00446023 2127094500 2024-10-08 2023 2024-10-15 13:58:12Z MARC H MORIAL 80 PINE STREET 9TH FLOOR NEW YORK NY 10005 562968 0 X WWW.UEFUND.ORG X 2011 DE THE URBAN EMPOWERMENT FUND'S MISSION IS TO HELP MINORITY BUSINESS ENTERPRISES (MBES) GAIN ACCESS TO CAPITAL, SURVIVE, PROSPER, GROW, CREATE JOBS AND GENERATE INDIVIDUAL AND COMMUNITY WEALTH. 3 2 1 2 0 0 132500 434309 117086 128659 0 0 213453 0 463039 562968 0 0 0 0 177223 208071 0 0 0 280080 354897 457303 562968 5736 0 3939534 4499201 1671596 2231263 2267938 2267938 THE URBAN EMPOWERMENT FUND'S MISSION IS TO HELP MINORITY BUSINESS ENTERPRISES (MBES) GAIN ACCESS TO CAPITAL, SURVIVE, PROSPER, GROW, CREATE JOBS AND GENERATE INDIVIDUAL AND COMMUNITY WEALTH. 0 0 562968 0 128659 TO PROVIDE BUSINESS ADVISORY SERVICES, OFFER A RANGE OF SMALL BUSINESS LOAN PRODUCTS IN THE $50,000-$250,000 RANGE AND PROVIDE POLICY ADVOCACY TO IMPROVE THE BUSINESS CLIMATE FOR MINORITY BUSINESS ENTERPRISES (MBES). 562968 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 1 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 DE X X MARC H MORIAL 2125585300 80 PINE STREET 9TH FLOOR NEW YORK NY 10005 MARC H MORIAL BOARD CHAIR 1.00 40.00 X X 0 1212495 71789 JEFFREY BULLER BOARD MEMBER-SECRETARY 1.00 0.00 X X 0 0 0 KHARY P BARNES BOARD MEMBER-TREASURER 1.00 1.00 X X 0 0 0 OSEREMI ADEKOYE VP OF LENDING 40.00 0.00 X 169797 0 22023 169797 1212495 93812 1 0 1 0 0 125000 309309 434309 INTEREST INCOME FROM P 900099 119475 119475 CLOSING INCOME FROM PR 900099 9184 9184 128659 562968 128659 0 0 X 173249 173249 6284 6284 16125 16125 12413 12413 1300 1300 3710 3710 236415 236415 4147 4147 7345 7345 23247 23247 BAD DEBTS 72652 72652 INCENTIVES TO ST. LOUIS 3000 3000 INCENTIVES TO SW OHIO 2000 2000 SUBSCRIPTIONS/PUBLICATI 1081 1081 562968 562968 0 0 1204237 1501304 0 309309 232199 190906 2130256 1911232 353592 569200 19250 17250 3939534 4499201 171596 231263 500000 1000000 1000000 1000000 1671596 2231263 X 2267938 2267938 2267938 2267938 3939534 4499201 0 0 X 0 1 X 1 0 X 66666 2268146 132500 434309 2901621 66666 2268146 132500 434309 2901621 247008 2654613 213453 213453 3115074 371231 0.85220 0.93180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 LOANS RECEIVABLES 569200 F 569200 LOAN PAYABLE TO NAT'L URBAN LEAGUE 1000000 1000000 X PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE LEAGUE AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR ARE TO BE TAKEN. ACCORDINGLY, NO INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS HAVE BEEN ACCRUED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. X X 0 0 0 0 0 0 0 0 0 MARC H MORIAL BOARD CHAIR 0 647495 0 400000 0 165000 0 14946 0 56843 0 1284284 0 0 OSEREMI ADEKOYE VP OF LENDING 169797 0 0 0 0 0 6283 0 15740 0 191820 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE ONE CLASS OF MEMBERS ENTITLED TO VOTE ON MATTERS THAT COME BEFORE THE MEMBERS. THE INITIAL AND SOLE MEMBER OF THE CORPORATION SHALL BE THE NATIONAL URBAN LEAGUE ("NUL"), A 501 (C) (3) NEW YORK NON-FOR-PROFIT CORPORATION. FORM 990, PART VI, SECTION A, LINE 8B UEF HAS A GOVERNING BOARD, BUT DOES NOT HAVE ANY OTHER COMMITTEE THAT WOULD HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B UEF'S FORM 990 IS REVIEWED BY ITS BOARD. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, HUMAN RESOURCES REQUESTS THAT EACH EMPLOYEE REVIEWS AND SIGNS THE POLICY. IN ADDITION, PLEASE NOTE THAT SELF-DISCLOSURE AND THE REVIEW OF CONTRACTS BEFORE APPROVAL HELPS MONITOR AND ENFORCE THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 A. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE PER REQUEST. B. FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE, IN ANNUAL REPORT AND PER REQUEST. FORM 990, PART IX, LINE 11G OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 236,415. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 236,415. NATIONAL URBAN LEAGUE INC 80 PINE STREET 9TH FL NEW YORK NY 10005 131840489 SEE PART VII NY 501(C)(3) LINE 7 N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 SCHEDULE R, PART II, COL (B) - PRIMARY ACTIVITY NATIONAL URBAN LEAGUE, INC. ("NUL") - ENABLE AFRICAN AMERICAN AND OTHER UNDERSERVED URBAN RESIDENTS TO SECURE ECONOMIC SELF-RELIANCE, PARITY, POWER AND CIVIL RIGHTS.