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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Association for Black Economic Power

Association for Black Economic Power

Fiscal year ending 2018. Filed on May 8, 2019.

227 Colfax Avenue N Ste 230
Minneapolis, Minnesota 55405

Association for Black Economic Power (EIN: 81-5486146), also known as Village Financial Cooperative, has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2018 IRS Form 990 filing, Association for Black Economic Power, a 501(c)(3) charitable organization, reported compensation for 3 out of 6 total employees. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$472,320

Expenses

$545,024

Employee compensation

$306,926
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Malcolm Wells
Director
$0
Jonathan Banks
Director
$0
Patrick Troska
Director
$0

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Mission Statement

SEE SCHEDULE O.CREATE PREVENTION AND INTERVENTION MODELS TO ADDRESS WEALTH EXTRACTION THROUGH SYSTEMS CHANGE AND THE DEVELOPMENT OF PRODUCTS AND SERVICES THAT PROVIDE GENERATIONAL WEALTH BUILDING OPPORTUNITIES AND ACCESS TO CAPITAL WHILE PROVIDING AN ALTERNATIVE TO TRADITIONAL PREDATORY, CULTURALLY INCOMPETENT AND INEQUITABLE PRACTICES.

Revisions to this organization profile

October 30, 2025:
2024 Association for Black Economic Power 990 filed
November 13, 2024:
2023 Association for Black Economic Power 990 filed
June 7, 2024:
Amended (originally filed October 30, 2023)2022 Association for Black Economic Power 990 filed

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