2025-04-24T17:26:09-07:00 2024-12-31 990 2024-01-01 800563561 SMALL BUSINESS EMPOWERMENT CENTER SMAL 3146210816 911 Washington Avenue Ste 805 Saint Louis MO 63101 Kevin Wilson Program Director 3146210816 2025-04-24 1 2024 2025-03-06 01:10:19Z Kevin Wilson 911 Washington Avenue Ste 805 Saint Louis MO 63101 3153711 0 X http://stlouissbec.org X 2010 MO 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 15 years the SBEC has worked in the Empowerment Zone (EZ) to help residents and entrepreneurs start and grow businesses in the urban core. The EZ was a federally designated distressed area that gave economic development incentives - such as tax credits, loans and bonds to help relieve poverty in certain geographic regions of the country. 10 9 14 9 0 0 2528146 3140607 6666 12500 1524 28 1588 576 2537924 3153711 0 515000 0 0 788701 1037565 0 0 0 653736 730275 1442437 2282840 1095487 870871 1848082 1659778 109266 48610 1738816 1611168 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. 0 0 1990613 0 0 SBEC Program is designed to deliver up-to-date counseling, training and technical assistance in all aspects of small business management. SBEC services include, but are not limited to, assisting small businesses with financial, marketing, organization, and technical problems and feasibility studies. 0 0 0 n/a 0 0 0 1990613 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 31 0 1 14 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MO X Marika Jakubovska 3145782054 911 Washington Avenue Ste 805 Saint Louis MO 63101 X Kevin Wilson Program Director 40 0 X 215000 0 12000 Reginald Scott Director 1 0 X 0 0 0 Michelle Stuckey Director 1 0 X 0 0 0 Denise Phillips Director 1 0 X 0 0 0 Craig Higgins Director 1 0 X 0 0 0 John Henderson Secretary 1 0 X 0 0 0 Cheryl Walker Director 1 0 X 0 0 0 Alan Richter Chairman 1 0 X 0 0 0 Mitchell Washington Treasurer 1 0 X 0 0 0 Joe Frank Vice Chairman 1 0 X 0 0 0 215000 0 12000 1 0 1 0 0 0 0 0 0 369700 2770907 0 3140607 Program service fees 900099 12500 12500 0 0 0 0 0 0 12500 28 28 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Miscellaneous 900099 576 576 0 0 0 0 0 0 576 3153711 13104 0 0 X 515000 515000 215000 172000 43000 0 695214 556171 139043 59000 47200 11800 68351 54681 13670 92306 62026 30280 19366 15493 3873 10000 8000 2000 341673 341673 19802 15842 3960 21238 16991 4247 21936 17549 4387 15656 12525 3131 23780 19024 4756 31947 25558 6389 0 6662 6662 3574 2859 715 Entrepreneurship events 36251 29001 7250 0 Bad debt expense 32153 25722 6431 0 Assistance to small businesses 50768 50768 0 0 Memberships 3163 2530 633 0 2282840 1990613 292227 0 791336 1327470 998519 319500 32616 50 11392 3115 20682 11039 14219 9643 1848082 1659778 36266 48610 73000 109266 48610 X 1738816 1611168 0 0 1738816 1611168 1848082 1659778 X 870871 0 0 0 0 -998519 X 1 X 0 1 0 X 920364 600929 867492 2534811 3140607 8064203 920364 600929 867492 2534811 3140607 8064203 8064203 0 1355 1352 1524 28 4259 0 0 0 0 0 8068462 0.99947 0.99918 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 20682 11039 9643 0 0 0 0 9643 1 SMALL BUSINESS EMPOWERMENT FUND CDFI 1808 Sagez Ct Wildwood MO 63011 853225961 500000 Restricted grant Other Assistance 15000 Grants 1 3 Schedule I, Part I, Line 2 The SBEC uses online application for all grant distributions. All grants are approved by the committee per each transaction. 0 0 0 0 0 0 0 0 0 Kevin Wilson Program Director 215000 0 0 0 12000 0 0 0 0 0 227000 0 0 0 Form 990, Part VI, Section B, Line 11b The finance committee chairs are sent a copy of the IRS form 990 to review prior to filing. Form 990, Part VI, Section B, Line 12c Conflicts are disclosed and discussed as they arise. Form 990, Part VI, Section B, Line 15 Salaries of top management officials and other employees are tested for consistency with survey data for similar positions and are approved as part of the board's approval of the annual budget. Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest policy and financial statements are available to the public upon request. Form 990, Part IX, Line 11g Contractor services to deliver up-to-date counseling, training and technical assistance in all aspects of small business management. Form 990, Part XI, Line 9 A government reimbursement grant in the amount of $998,519 was recorded as pledge receivable and revenue in FY 2023; however it should have been recorded after the organization incurred the expenses before receiving the reimbursement from the government.