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Black Economic Union Of Greater Kc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 430950430 ✦ Kansas city, MO ✦ Designated as a 501(c)(3)

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Overview

What is Black Economic Union Of Greater Kc?

The Black Economic Union of Greater KC is a nonprofit organization situated in Kansas City, Missouri. Its primary objective is to foster community economic development and sustainability. By implementing various programs, the union strives to promote economic resilience, operating as a vital urban, community economic development organization. The organization's activities and mission revolve around promoting community economic development and sustainability, aiming to ensure long-term economic stability for the community.


Official website here: www.beukc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75% (Three-Star out of Four Star Rating)

The Black Economic Union of Greater Kansas City has received a solid Three-Star rating from Charity Navigator, indicating that it demonstrates good performance in accountability and finance. With a score of 75% overall, the organization shows a commitment to transparency and governance, highlighted by its majority independent board and effective conflict of interest and whistleblower policies.

Strengths include a strong program expense ratio of 66.34%, reflecting a significant portion of its budget directed towards its programs. Additionally, the organization has no material diversion of assets, which underscores its financial integrity. The documented board meeting minutes further enhance its accountability practices, fostering trust among stakeholders.

However, while the score in culture and community stands at 77, and the equity strategies score is also 77 out of 100, there is room for improvement in the program expense ratio, where it received a slightly lower score. This suggests an opportunity for the organization to enhance its programmatic impact relative to its overall spending.


This AI summary has been generated from information found on Charity Navigator.

Is Black Economic Union Of Greater Kc legitimate?

Black Economic Union Of Greater Kc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Economic Union Of Greater Kc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,307

For more financial information, click here


Official website here: www.beukc.org

What is the mission statement of Black Economic Union Of Greater Kc?

The Black Economic Union Of Greater Kc focuses on achieving community economic sustainability through its mission. This organization works towards this goal by implementing various programs. Situated as a community economic development entity, it operates in an urban setting, specifically in Kansas City, Missouri. Its primary objective is to promote sustainable economic growth within the community. By doing so, it aims to contribute positively to the economic well-being of the community members. The organization's activities are geared towards fostering economic resilience and stability within the community.


Official website here: www.beukc.org

Who is the CEO of Black Economic Union Of Greater Kc?

Cathleen Brodhurst is the Principal Officer of Black Economic Union Of Greater Kc.


Official website here: www.beukc.org

What is the revenue of Black Economic Union Of Greater Kc?

Black Economic Union Of Greater Kc's revenue in 2022 was $31,236.


Official website here: www.beukc.org

Who are the executives of Black Economic Union Of Greater Kc and what are their salaries?

The average compensation at Black Economic Union Of Greater Kc during 2022 was $2,654. There are 2 employees at Black Economic Union Of Greater Kc.


Here are 3 key members and their salaries:


Cathy Brodhurst (President/Chair)
  • Compensation: $18,500
  • Related: $0
  • Other: $0
Charles Parker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maritnez Denmon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.beukc.org

Where can I find the form 990 for Black Economic Union Of Greater Kc?

Black Economic Union Of Greater Kc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.beukc.org

Learn more at the official website: www.beukc.org

Mission Statement of Black Economic Union Of Greater Kc

The Black Economic Union of Greater KC is committed to community economic development and sustainability. As an urban, community economic development organization, it aims to promote economic sustainability through various programs. The Black Economic Union of Greater KC operates with a mission to foster economic growth within its community. It strives to achieve this goal by implementing initiatives that focus on community development and sustainability.

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Impact




August, 2024

Black Economic Union of Greater KC has a significant impact on the community by focusing on economic development and sustainability in Kansas City, MO. Through its programs aimed at achieving economic sustainability, this organization plays a crucial role in improving the economic well-being of individuals and communities. With a mission focused on community economic development and sustainability, Black Economic Union of Greater KC is dedicated to empowering and uplifting the Black community in the Kansas City area. The organization's efforts contribute to community improvement and foster a more economically vibrant and sustainable future for all residents.




This information is meant to be a general summary of Black Economic Union Of Greater Kc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$31,236 (2022)
Expenses
$224,602 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,000
  • Gross Receipts: $31,236

Assets and Liabilities:

  • Total Assets: $1,814,572
  • Total Liabilities: $902,866
  • Net Assets: $911,706

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Organization Details

Founding Year

1968

Principal Officer

Cathleen Brodhurst

Main Address

1601 EAST 18, KANSAS CITY, MO, 64108

NTEE Category

Code: S31 - Community improvement

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