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Filing year 2024

ASSOCIATION FOR BLACK ECONOMIC POWER

Minneapolis, Minnesota·EIN 81-5486146·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$682k
Total assets
$588k
Total expenses
$649k
Reported officers
8
Mission

SEE SCHEDULE O.SEE FORM 990, PART I, LINE 1.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Minnesota.

Executive Director
Median to 75th percentile
$110k
$117k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ASSOCIATION FOR BLACK ECONOMIC POWER equaled 17% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
17%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Climbed 10%
over 2 years

From $100k in 2022 to $110k in 2024.

$100k
2022
$100k
2023
$110k
2024
In today's dollarsEst.
Up 5% in real terms$112k to $117k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 10% from 2022 to 2024, while revenue rose 36%.

$100k in 2022 to $110k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about ASSOCIATION FOR BLACK ECONOMIC POWER

What does the Chief Executive Officer of ASSOCIATION FOR BLACK ECONOMIC POWER earn?

In 2024, the Chief Executive Officer of ASSOCIATION FOR BLACK ECONOMIC POWER received $110,000 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Minnesota, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ASSOCIATION FOR BLACK ECONOMIC POWER compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Minnesota, the 2024 pay of the Chief Executive Officer at ASSOCIATION FOR BLACK ECONOMIC POWER falls between the median and the 75th percentile. In 2024, the highest total compensation at ASSOCIATION FOR BLACK ECONOMIC POWER equaled 17% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are ASSOCIATION FOR BLACK ECONOMIC POWER's revenue and expenses?

In 2024, ASSOCIATION FOR BLACK ECONOMIC POWER reported $682k in total revenue and $649k in total expenses on its IRS Form 990.

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