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Filing year 2024

THE URBAN EMPOWERMENT FUND

New York, New York·EIN 90-0853595·NTEE S31 · Community Improvement & Capacity Building·3
Total revenue
$2.5M
Total assets
$6.9M
Total expenses
$710k
Reported officers
4
Mission

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.

Executive compensation, broken down

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

VP of Lending
vice president
$211k
$228k
Base
$185k
Bonus
Other
Benefits
$19k
Board Chair
board chair
$75k
$81k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Up 10%
from 2023

From $192k in 2023 to $211k in 2024.

$192k
2023
$211k
2024
In today's dollarsEst.
Up 6% in real terms$215k to $228k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

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

Revenue and expenses over time

THE URBAN EMPOWERMENT FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$563k
$563k
2023
$2.5M
$710k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in New York

Comparable community improvement & capacity building organizations in New York pay their highest-earning executive a median of $103,140.

25th percentile
$42k
Median
$103,140
75th percentile
$212k
90th percentile
$362k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 214 organizations across 214 filings (2021 – 2023).

See full Community Improvement & Capacity Building pay data for New York
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