Black Economic Alliance

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

EIN: 824578595 ✦ Washington, DC ✦ Designated as a 501(c)(4)

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Overview

What is Black Economic Alliance?

The Black Economic Alliance is a nonprofit organization situated in Washington, D.C., specifically at 1032 15th St NW 247. Their primary focus is to advocate for an economic agenda that significantly enhances economic outcomes for the Black community. They accomplish this by concentrating on three core areas: work, wages, and wealth. Their activities encompass conducting research, engaging in communications, and carrying out outreach efforts, all aimed at achieving their mission. The organization employs a team of three individuals to drive these initiatives.


Official website here: www.blackeconomicalliance.org

Is Black Economic Alliance legitimate?

Black Economic Alliance is a legitimate nonprofit organization registered as a 501(c)(4) entity. Black Economic Alliance 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: $84,971
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,149

For more financial information, click here


Official website here: www.blackeconomicalliance.org

What is the mission statement of Black Economic Alliance?

The Black Economic Alliance aims to enhance economic opportunities for the Black community on a large scale. Their mission is centered around three core areas: work, wages, and wealth. The organization engages in research, communications, and outreach activities to advocate for an economic agenda that aims to improve economic outcomes in these areas for Black people. Their goal is to bring about substantial progress in these sectors, ultimately leading to improved economic well-being for the Black community.


Official website here: www.blackeconomicalliance.org

Who is the CEO of Black Economic Alliance?

Samantha Tweedy is the Director, President-Partial Year of Black Economic Alliance.


Official website here: www.blackeconomicalliance.org

What is the revenue of Black Economic Alliance?

Black Economic Alliance's revenue in 2022 was $1,880,503.


Official website here: www.blackeconomicalliance.org

Who are the executives of Black Economic Alliance and what are their salaries?

The average compensation at Black Economic Alliance during 2022 was $30,040. There are 3 employees at Black Economic Alliance.


Here are 13 key members and their salaries:


N Anthony Coles Jr (Director, President-Partial Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Palmer (Director,Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Phillips (Director, Secretary-Partial Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tia Breakley (Director, Asst Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kneeland Youngblood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robyn Coles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deval Patrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Broderick Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mattie Mcfadden-Lawson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richelieu Dennis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Clunie (President, Exec. Dir Unitl-12-31-2022)
  • Compensation: $182,021
  • Related: $127,475
  • Other: $0
Samantha Tweedy (Hce)
  • Compensation: $0
  • Related: $417,291
  • Other: $0
Shari Thomas (Hce)
  • Compensation: $115,649
  • Related: $0
  • Other: $0


Official website here: www.blackeconomicalliance.org

Where can I find the form 990 for Black Economic Alliance?

Black Economic Alliance's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.blackeconomicalliance.org

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

Mission Statement of Black Economic Alliance

The Black Economic Alliance, as an organization, is committed to enhancing economic outcomes for the Black community on a large scale. It focuses its efforts on three key areas: work, wages, and wealth. The Alliance aims to advocate for an economic agenda that could potentially improve economic outcomes for Black people in these sectors. To accomplish this, the organization conducts research and engages in communication and outreach activities to promote its mission.

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Impact




October, 2024

The Black Economic Alliance significantly enhances economic outcomes for Black communities by concentrating on three pivotal areas: work, wages, and wealth. Through rigorous research and strategic outreach, the organization advocates for an economic agenda that addresses systemic inequities and promotes sustainable growth.

By prioritizing employment opportunities, fair compensation, and wealth-building initiatives, the alliance fosters an environment where individuals can thrive economically. Its efforts lead to tangible policy changes and increased awareness of the unique challenges faced by Black professionals and entrepreneurs. This approach not only empowers individuals but also contributes to the broader economic improvement of communities, creating a more equitable society.

The organization’s impact is evident in its ability to galvanize support for programs that enhance access to quality education, job training, and financial resources. Through collaboration with various stakeholders, including businesses, community leaders, and policymakers, the Black Economic Alliance continues to drive meaningful change that elevates the economic status of Black people on a large scale.




This information is meant to be a general summary of Black Economic Alliance. 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
$1,880,503 (2022)
Expenses
$1,883,122 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,998,003

Assets and Liabilities:

  • Total Assets: $913,892
  • Total Liabilities: $1,880
  • Net Assets: $912,012

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Organization Details

Founding Year

2018

Principal Officer

Samantha Tweedy

Main Address

1032 15TH ST NW 247, WASHINGTON, DC, 20005

NTEE Category

Code: S31 - Community improvement

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