BLACK ECONOMIC DEVELOPMENT COALITION INC

Cite this

Plain text BLACK ECONOMIC DEVELOPMENT COALITION INC. furp.org, nonprofit organization profile, tax years 2020–2024. https://furp.org/org/black-economic-development-coalition-inc-650159176. Retrieved 2026-11-02.

APA furp.org. (n.d.). BLACK ECONOMIC DEVELOPMENT COALITION INC [Nonprofit organization profile; tax years 2020–2024]. Retrieved November 2, 2026, from https://furp.org/org/black-economic-development-coalition-inc-650159176

MLA “BLACK ECONOMIC DEVELOPMENT COALITION INC.” furp.org, tax years 2020–2024, https://furp.org/org/black-economic-development-coalition-inc-650159176. Accessed 2 Nov. 2026.

Retrieved 2026-11-02; covers tax years 2020–2024. Data: furp.org, CC BY 4.0.

2024 · Form 990 · revenue $812K · expenses $982K · assets $6.9M

Also known as
TOOLS FOR CHANGE
EIN
65-0159176
Address
5120 NW 24TH AVE, MIAMI, FL 33142-3624
Website
tfcmiami.org
NTEE code
S310
Exempt type
501(c)(3): charitable, religious, educational, scientific or literary (corporation)
Ruling date
March 1993 (when the IRS recognized its exemption)
IRS status
Exempt (unconditional) (IRS Business Master File) IRS data ↗
Tax-deductible donations
Yes: listed in IRS Publication 78 (public charity) Pub 78 ↗
Foundation status
Public charity supported by the public (170(b)(1)(a)(vi))
Cross-check
ProPublica Nonprofit Explorer

Mission

PROVIDE TECHNICAL ASSISTANCE AND LOANS TO SMALL BUSINESSES

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

1 person paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.

NameLatest titleYearsLatest year payTotal pay from hereOrganizations
Leroy Jones EXECUTIVE DIRECTORS2020-2024 $39,028$162,787 2

Officers and directors, no compensation reported

3 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Verbert C Anderson PRESIDENT2020-2024 2 $0 reported 1
Nick Decius SECRETARY2020-2024 2 $0 reported 1
Betty George TREASURER2020-2024 2 $0 reported 1

People by year

2024 · 4 people listed · 1 paid, $39K · 7 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
LEROY JONES EXECUTIVE DIRECTORS22 $39,028$0$0 $39,0282
VERBERT C ANDERSON PRESIDENT2 $0$0$0 $01
NICK DECIUS SECRETARY2 $0$0$0 $01
BETTY GEORGE TREASURER2 $0$0$0 $01
2023 · 4 people listed · 1 paid, $37K · 6 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
LEROY JONES EXECUTIVE DIRECTORS22 $36,600$0$0 $36,6002
VERBERT C ANDERSON PRESIDENT2 $0$0$0 $01
NICK DECIUS SECRETARY2 $0$0$0 $01
BETTY GEORGE TREASURER2 $0$0$0 $01
2022 · 4 people listed · 1 paid, $31K · 5 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
LEROY JONES EXECUTIVE DIRECTORS22 $30,900$0$0 $30,9002
VERBERT C ANDERSON PRESIDENT2 $0$0$0 $01
NICK DECIUS SECRETARY2 $0$0$0 $01
BETTY GEORGE TREASURER2 $0$0$0 $01
2021 · 4 people listed · 1 paid, $30K · 9 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
LEROY JONES EXECUTIVE DIRECTORS22 $30,242$0$0 $30,2422
VERBERT C ANDERSON PRESIDENT2 $0$0$0 $01
NICK DECIUS SECRETARY2 $0$0$0 $01
BETTY GEORGE TREASURER2 $0$0$0 $01
2020 · 4 people listed · 1 paid, $26K · 12 employees · 0 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
LEROY JONES EXECUTIVE DIRECTORS22 $26,017$0$0 $26,0172
VERBERT C ANDERSON PRESIDENT2 $0$0$0 $01
NICK DECIUS SECRETARY2 $0$0$0 $01
BETTY GEORGE TREASURER2 $0$0$0 $01

Highest-paid independent contractors

No independent contractors reported.

Who gave

Contributor names are not public for this form type.

Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2024 · Form 990 period ending 2024-12-31 · view filing · original 990 ↗
$811,665$982,100 $6,874,179$1,700,738 $799,101$0 $39,02870
2023 · Form 990 period ending 2023-12-31 · view filing · original 990 ↗
$923,114$1,062,639 $7,323,352$1,871,166 $891,574$0 $36,60060
2022 · Form 990 period ending 2022-12-31 · view filing · original 990 ↗
$791,216$946,968 $7,096,450$1,976,177 $752,830$7,772 $30,90050
2021 · Form 990 period ending 2021-12-31 · view filing · original 990 ↗
$1,506,749$1,282,057 $6,988,116$2,196,654 $1,358,760$6,241 $30,24290
2020 · Form 990 period ending 2020-12-31 · view filing · original 990 ↗
$3,327,765$3,015,650 $6,532,858-$46,256 $3,319,340$500 $26,017120

Connected to

Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.

Funders of this organization

2 grantors reported grants to this organization, $370,000 in all, tax years 2017 to 2023. Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV

GrantorTypeMatchYears givenGrantsTotalLatest yearLatest year's amountGrants
JPMORGAN CHASE FOUNDATION Private foundation Fuzzy filed as “BLACK ECONOMIC DEVELOPMENT COALITION INC” 2017 1$360,000 2017$360,000
show
THE MIAMI FOUNDATION INC DAF sponsor Exact 2023 1$10,000 2023$10,000
show

Nearby + Similar BETA

Organizations like this one: what they do and who they are linked to

Same category: NTEE code and revenue

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
WALTON COUNTY ECONOMIC DEVELOPMENT ALLIANCE INCFLS31 $580,688$406,935 Chairman$0 Same NTEE code S31, revenue within 2x, same state, similar name
MOUNT OLIVE DEVELOPMENT CORPORATIONFLS31 $1,093,815$871,207 Executive Director$129,291 Same NTEE code S31, revenue within 2x, same state
CATHOLIC CHARITIES COMMUNITY DEVELOPMENT CORPORATIONFLS31 $1,536,841$782,266 EXECUTIVE DIRECTOR$164,912 Same NTEE code S31, revenue within 2x, same state
HELP COMMUNITY DEVELOPMENT CORPORATIONFLS31 $757,883$634,280 Chairman$0 Same NTEE code S31, revenue within 2x, same state
THE CENTER FOR TECHNOLOGY ENTERPRISE AND DEVELOPMENT INCFLS31 $1,564,701$919,741 EXEC. DIR.$117,935 Same NTEE code S31, revenue within 2x, same state
BLACK COLLECTIVE INCFLS31 $666,645$860,134 CHAIRMAN$70,346 Same NTEE code S31, revenue within 2x, same state
JACKSONVILLE CHAMBER FOUNDATION INCFLS31 $990,861$793,054 Director/CEO Jax Chamber$609,058 Same NTEE code S31, revenue within 2x, same state
AVATAR NON-PROFIT INCFLS31 $500,866$230,189 DIRECTOR$5,000 Same NTEE code S31, revenue within 2x, same state
WEST LAKES PARTNERSHIP INCFLS31 $678,352$556,726 EXECUTIVE DI$0 Same NTEE code S31, revenue within 2x, same state
LASSEN ECONOMIC DEVELOPMENT CORPCAS31 $877,087$890,786 BOARD MEMBER$0 Same NTEE code S31, revenue within 2x, similar name
ROCK HILL ECONOMIC DEVELOPMENT CORPORATIONSCS31 $815,489$226,099 Vice Chair$0 Same NTEE code S31, revenue within 2x, similar name
CERTIFIED DEVELOPMENT CORPORATION OF SOUTH CAROLINASCS31 $569,341$451,180 CHAIRMAN$1,800 Same NTEE code S31, revenue within 2x, similar mission
TANGIPAHOA ECONOMIC DEVELOPMENT FOUNDATION INCLAS31 $491,315$153,449 BOARD MEMBER$0 Same NTEE code S31, revenue within 2x, similar name
JACKSON ECONOMIC DEVELOPMENT CORPORATIONMNS31 $446,302$138,527 Director$0 Same NTEE code S31, revenue within 2x, similar name
JACKSON COUNTY ECONOMIC DEVELOPMENT FOUNDATION INCMSS31 $1,500,254$1,713,609 CEO$441,788 Same NTEE code S31, revenue within 2x, similar name
ECONOMIC DEVELOPMENT CORPORATIONNYS31 $719,215$753,420 PRESIDENT/CEO$180,945 Same NTEE code S31, revenue within 2x, similar name
SOUTHERN COLORADO ECONOMIC DEVELOPMENT DISTRICT INCCOS31 $754,119$584,438 DIRECTOR$0 Same NTEE code S31, revenue within 2x, similar name
COLLEGE AREA ECONOMIC DEVELOPMENT CORPORATIONCAS31 $617,396$650,567 President$0 Same NTEE code S31, revenue within 2x, similar name
OCONTO COUNTY ECONOMIC DEVELOPMENT CORPORATIONWIS31 $993,636$960,717 EXECUTIVE DI$115,566 Same NTEE code S31, revenue within 2x, similar name
YUBA SUTTER ECONOMIC DEVELOPMENT CORPORATIONCAS31 $628,210$693,628 Secretary$150,965 Same NTEE code S31, revenue within 2x, similar name
ALLEN TEMPLE COMMUNITY ECONOMIC DEVELOPMENT CORPORATIONSCS31 $850,244$872,256 DIRECTOR$0 Same NTEE code S31, revenue within 2x
WEST COMMUNITY ECONOMIC DEVELOPMENT CORPORATIONCOS31 $1,491,656$1,298,932 EXECUTIVE DIRECTOR$152,956 Same NTEE code S31, revenue within 2x, similar name
INDIANA ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INCINS31 $1,098,326$890,905 EXECUTIVE DI$136,166 Same NTEE code S31, revenue within 2x, similar name
SOUTHERN IDAHO ECONOMIC DEVELOPMENT ORGANIZATION INCIDS31 $453,013$403,174 DIRECTOR$0 Same NTEE code S31, revenue within 2x, similar name
URBAN ECONOMIC DEVELOPMENTWIS31 $833,467$686,479 EXEUCTIVE DIRECTOR$87,888 Same NTEE code S31, revenue within 2x, similar name

Who funds organizations like this

Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
MINNEAPOLIS FOUNDATION DAF sponsor$3,470,7569 12011–2024 WEST BROADWAY AREA COALITION
KOSCIUSKO COUNTY COMMUNITY FOUNDATION INC DAF sponsor$2,040,5002 22020–2023 KOSCIUSKO DEVELOPMENT LAND TRUST INC; INDIANA ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC
DONOR ADVISED CHARITABLE GIVING DAF sponsor$1,938,95013 72018–2022 AKRON DEVELOPMENT CORPORATION; MARIN CITY COMMUNITY DEVELOPMENT CORPORATION; NEW ALPHA COMMUNITY DEVELOPMENT CORPORATION; OAHU ECONOMIC DEVELOPMENT BOARD and 3 more
RICHLAND COUNTY FOUNDATION OF MANSFIELD DAF sponsor$1,661,16314 12011–2024 RICHLAND COMMUNITY DEVELOPMENT GROUP INC
FIDELITY INVESTMENTS CHARITABLE GIFT FUND DAF sponsor$1,341,89610 52017–2024 NEW ALPHA COMMUNITY DEVELOPMENT CORPORATION; ROCK RIVER DEVELOPMENT PARTNERSHIP INC; AKRON DEVELOPMENT CORPORATION; WEST BROADWAY AREA COALITION and 1 more
UNITED WAY OF THE GREATER LEHIGH VALLEY DAF sponsor$1,288,54613 12011–2017 COMMUNITY ACTION DEVELOPMENT CORP OF THE LEHIGH VALLEY
JUNEAU COMMUNITY FOUNDATION DAF sponsor$1,280,6158 12011–2024 ALASKA DEVELOPMENT CORPORATION
MARIN COMMUNITY FOUNDATION DAF sponsor$1,267,1739 12010–2024 MARIN CITY COMMUNITY DEVELOPMENT CORPORATION
JPMORGAN CHASE FOUNDATION funds this one Private foundation$1,217,99019 72010–2020 INDIANA ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC; JACKSONVILLE CHAMBER FOUNDATION INC; CALIFORNIA COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION; ROCHESTER ECONOMIC DEVELOPMENT CORPORATION and 3 more
AMERICAN ONLINE GIVING FOUNDATION INC DAF sponsor$1,016,19824 112019–2025 TANGIPAHOA ECONOMIC DEVELOPMENT FOUNDATION INC; ALASKA DEVELOPMENT CORPORATION; RICHLAND COMMUNITY DEVELOPMENT GROUP INC; WEST BROADWAY AREA COALITION and 7 more
ROCKEFELLER PHILANTHROPY ADVISORS INC DAF sponsor$965,0006 42015–2023 OAHU ECONOMIC DEVELOPMENT BOARD; WEST BROADWAY AREA COALITION; JACKSONVILLE CHAMBER FOUNDATION INC; NEW ALPHA COMMUNITY DEVELOPMENT CORPORATION
CHARITIES AID FOUNDATION AMERICA DAF sponsor$734,45615 82020–2024 COMMUNITY ACTION DEVELOPMENT CORP OF THE LEHIGH VALLEY; AVONDALE DEVELOPMENT CORPORATION; EZEKIEL COMMUNITY DEVELOPMENT CORPORATION; THE CENTER FOR TECHNOLOGY ENTERPRISE AND DEVELOPMENT INC and 4 more
DENVER FOUNDATION DAF sponsor$715,80421 12012–2024 WEST COMMUNITY ECONOMIC DEVELOPMENT CORPORATION
AKRON COMMUNITY FOUNDATION DAF sponsor$693,15910 12016–2024 AKRON DEVELOPMENT CORPORATION
MEYER MEMORIAL TRUST Private foundation$655,0007 12020–2024 AFFILIATED TRIBES OF NORTHWEST INDIANS-ECONOMIC DEVELOPMENT CORP

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2024 · Form 990 · $982,100 spent · pay $357,157 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)PROGRAM SERVICES EXPENSES $395,000$395,000$0$0 40.2%
Other salaries and wages $273,475$273,475-- 27.8%
Other (as described)BAD DEBT EXPENSE $121,000$121,000$0$0 12.3%
Office expenses $40,193$40,193-- 4.1%
Pay: officers, directors, trustees, key employees $39,028-$39,028- 4.0%
Fees: accounting $27,907$27,907-- 2.8%
Payroll taxes $25,057$22,077$2,980- 2.6%
Occupancy $24,000$24,000-- 2.4%
Other employee benefits $19,597$19,597-- 2.0%
Insurance $11,059$11,059-- 1.1%
Fees: legal $3,250-$3,250- 0.3%
Depreciation and depletion $2,534$2,534-- 0.3%
Total$982,100100%

View the filing

2023 · Form 990 · $1,062,639 spent · pay $339,908 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)PROGRAM SERVICES EXPENSES $532,626$532,626$0$0 50.1%
Other salaries and wages $241,222$241,222-- 22.7%
Other (as described)BAD DEBT EXPENSE $103,152$0$103,152$0 9.7%
Other employee benefits $39,171$39,171-- 3.7%
Pay: officers, directors, trustees, key employees $36,600-$36,600- 3.4%
Occupancy $24,000$24,000-- 2.3%
Payroll taxes $22,915$22,915-- 2.2%
Office expenses $22,066$16,241$5,825- 2.1%
Fees: accounting $18,830$18,830-- 1.8%
Insurance $9,954$9,954-- 0.9%
Other (as described)CONTRACT LABOR $9,218$9,218$0$0 0.9%
Depreciation and depletion $1,900-$1,900- 0.2%
Travel $882-$882- 0.1%
Advertising and promotion $103-$103- 0.0%
Total$1,062,639100%

View the filing

2022 · Form 990 · $946,968 spent · pay $299,261 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)PROGRAM SERVICES EXPENSES $344,867$344,867$0$0 36.4%
Other salaries and wages $210,435$210,435-- 22.2%
Other (as described)BAD DEBT EXPENNNNSE $196,531$0$196,531$0 20.8%
Office expenses $37,864$37,864-- 4.0%
Other employee benefits $37,812$37,812-- 4.0%
Pay: officers, directors, trustees, key employees $30,900-$30,900- 3.3%
Occupancy $30,357$30,357-- 3.2%
Fees: accounting $29,016$29,016-- 3.1%
Payroll taxes $20,114$17,750$2,364- 2.1%
Insurance $8,654$8,654-- 0.9%
Advertising and promotion $343$343-- 0.0%
Travel $75$75-- 0.0%
Total$946,968100%

View the filing

2021 · Form 990 · $1,282,057 spent · pay $394,564 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)PROGRAM SERVICES EXPENSES $564,860$564,860$0$0 44.1%
Other salaries and wages $265,778$265,778-- 20.7%
Other (as described)BAD DEBT EXPENSES $232,011$0$232,011$0 18.1%
Other employee benefits $72,702$72,702-- 5.7%
Office expenses $31,240$14,528$16,712- 2.4%
Pay: officers, directors, trustees, key employees $30,242-$30,242- 2.4%
Payroll taxes $25,842$25,842-- 2.0%
Occupancy $24,680$24,000$680- 1.9%
Fees: accounting $20,789$9,250$11,539- 1.6%
Insurance $8,400$8,400-- 0.7%
Other (as described)CONTRACT LABOR $3,000$0$3,000$0 0.2%
Interest $2,513-$2,513- 0.2%
Total$1,282,057100%

View the filing

2020 · Form 990 · $3,015,650 spent · pay $417,410 · grants $0 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Other (as described)PROGRAM SERVICES $2,515,000$2,515,000$0$0 83.4%
Other salaries and wages $313,304$229,705$83,599- 10.4%
Other employee benefits $50,802$50,802-- 1.7%
Office expenses $36,656$18,066$18,590- 1.2%
Payroll taxes $27,287$18,829$8,458- 0.9%
Pay: officers, directors, trustees, key employees $26,017$3,420$22,597- 0.9%
Occupancy $24,000$24,000-- 0.8%
Other (as described)BAD DEBT EXPENSE $10,000$0$10,000$0 0.3%
Fees: accounting $7,107$7,107-- 0.2%
Insurance $4,160$4,160-- 0.1%
Interest $1,037-$1,037- 0.0%
Advertising and promotion $280-$280- 0.0%
Total$3,015,650100%

View the filing

Federal grants and contracts

Awards from USAspending.gov to a recipient with this organization's name and zip code. Obligations by federal fiscal year (October to September); each award links to its page on usaspending.gov.

Fiscal yearGrants and other assistanceContractsAwards
2025-$24,998$01
2022$180,000$01
2021$594,472$03
2020$275,000$02
2019$0$01
2018$550,000$03
Largest awards · 7 shown
YearAgencyKindProgramDescriptionObligated
2025Small Business AdministrationGrant or other assistancePRIME TECHNICAL ASSISTANCE 59.050FY22 PRIME TECHNICAL ASSISTANCE-$24,998
2022Small Business AdministrationGrant or other assistancePRIME TECHNICAL ASSISTANCE 59.050FY22 PRIME TECHNICAL ASSISTANCE$180,000
2021Community Development Financial Institutions FundGrant or other assistanceCOMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS RAPID RESPONSE PROGRAM (CDFI RRP) 21.024CDFI RAPID RESPONSE PROGRAM AWARD$613,000
2021Small Business AdministrationGrant or other assistancePRIME TECHNICAL ASSISTANCE 59.050PROGRAM FOR INVESTMENT IN MICROENTREPRENEURS - PRIME-$18,527
2020Community Development Financial Institutions FundGrant or other assistanceCOMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM 21.020FINANCIAL ASSISTANCE AWARD$275,000
2018Community Development Financial Institutions FundGrant or other assistanceCOMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM 21.020FINANCIAL ASSISTANCE AWARD$400,000
2018Small Business AdministrationGrant or other assistancePRIME TECHNICAL ASSISTANCE 59.050PROGRAM FOR INVESTMENT IN MICROENTREPRENEURS - PRIME$150,000

State business registration

The same business name in the same state, from the state’s official registry data.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.