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Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).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.
| Name | Latest title | Years | Latest year pay | Total pay from here | Organizations |
|---|---|---|---|---|---|
| Leroy Jones | EXECUTIVE DIRECTORS | 2020-2024 | $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.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Verbert C Anderson | PRESIDENT | 2020-2024 | 2 | $0 reported | 1 |
| Nick Decius | SECRETARY | 2020-2024 | 2 | $0 reported | 1 |
| Betty George | TREASURER | 2020-2024 | 2 | $0 reported | 1 |
People by year
2024 · 4 people listed · 1 paid, $39K · 7 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| LEROY JONES | EXECUTIVE DIRECTORS | 22 | $39,028 | $0 | $0 | $39,028 | 2 |
| VERBERT C ANDERSON | PRESIDENT | 2 | $0 | $0 | $0 | $0 | 1 |
| NICK DECIUS | SECRETARY | 2 | $0 | $0 | $0 | $0 | 1 |
| BETTY GEORGE | TREASURER | 2 | $0 | $0 | $0 | $0 | 1 |
2023 · 4 people listed · 1 paid, $37K · 6 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| LEROY JONES | EXECUTIVE DIRECTORS | 22 | $36,600 | $0 | $0 | $36,600 | 2 |
| VERBERT C ANDERSON | PRESIDENT | 2 | $0 | $0 | $0 | $0 | 1 |
| NICK DECIUS | SECRETARY | 2 | $0 | $0 | $0 | $0 | 1 |
| BETTY GEORGE | TREASURER | 2 | $0 | $0 | $0 | $0 | 1 |
2022 · 4 people listed · 1 paid, $31K · 5 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| LEROY JONES | EXECUTIVE DIRECTORS | 22 | $30,900 | $0 | $0 | $30,900 | 2 |
| VERBERT C ANDERSON | PRESIDENT | 2 | $0 | $0 | $0 | $0 | 1 |
| NICK DECIUS | SECRETARY | 2 | $0 | $0 | $0 | $0 | 1 |
| BETTY GEORGE | TREASURER | 2 | $0 | $0 | $0 | $0 | 1 |
2021 · 4 people listed · 1 paid, $30K · 9 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| LEROY JONES | EXECUTIVE DIRECTORS | 22 | $30,242 | $0 | $0 | $30,242 | 2 |
| VERBERT C ANDERSON | PRESIDENT | 2 | $0 | $0 | $0 | $0 | 1 |
| NICK DECIUS | SECRETARY | 2 | $0 | $0 | $0 | $0 | 1 |
| BETTY GEORGE | TREASURER | 2 | $0 | $0 | $0 | $0 | 1 |
2020 · 4 people listed · 1 paid, $26K · 12 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| LEROY JONES | EXECUTIVE DIRECTORS | 22 | $26,017 | $0 | $0 | $26,017 | 2 |
| VERBERT C ANDERSON | PRESIDENT | 2 | $0 | $0 | $0 | $0 | 1 |
| NICK DECIUS | SECRETARY | 2 | $0 | $0 | $0 | $0 | 1 |
| BETTY GEORGE | TREASURER | 2 | $0 | $0 | $0 | $0 | 1 |
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.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990 | ||||||||
| $811,665 | $982,100 | $6,874,179 | $1,700,738 | $799,101 | $0 | $39,028 | 7 | 0 |
| 2023 · Form 990 | ||||||||
| $923,114 | $1,062,639 | $7,323,352 | $1,871,166 | $891,574 | $0 | $36,600 | 6 | 0 |
| 2022 · Form 990 | ||||||||
| $791,216 | $946,968 | $7,096,450 | $1,976,177 | $752,830 | $7,772 | $30,900 | 5 | 0 |
| 2021 · Form 990 | ||||||||
| $1,506,749 | $1,282,057 | $6,988,116 | $2,196,654 | $1,358,760 | $6,241 | $30,242 | 9 | 0 |
| 2020 · Form 990 | ||||||||
| $3,327,765 | $3,015,650 | $6,532,858 | -$46,256 | $3,319,340 | $500 | $26,017 | 12 | 0 |
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.
- NEIGHBORS AND NEIGHBORS ASSOCIATION INC Miami, FL · 1 person in common (Leroy Jones)
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
| Grantor | Type | Match | Years given | Grants | Total | Latest year | Latest year's amount | Grants |
|---|---|---|---|---|---|---|---|---|
| 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)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| WALTON COUNTY ECONOMIC DEVELOPMENT ALLIANCE INC | FL | S31 | $580,688 | $406,935 | Chairman | $0 | Same NTEE code S31, revenue within 2x, same state, similar name |
| MOUNT OLIVE DEVELOPMENT CORPORATION | FL | S31 | $1,093,815 | $871,207 | Executive Director | $129,291 | Same NTEE code S31, revenue within 2x, same state |
| CATHOLIC CHARITIES COMMUNITY DEVELOPMENT CORPORATION | FL | S31 | $1,536,841 | $782,266 | EXECUTIVE DIRECTOR | $164,912 | Same NTEE code S31, revenue within 2x, same state |
| HELP COMMUNITY DEVELOPMENT CORPORATION | FL | S31 | $757,883 | $634,280 | Chairman | $0 | Same NTEE code S31, revenue within 2x, same state |
| THE CENTER FOR TECHNOLOGY ENTERPRISE AND DEVELOPMENT INC | FL | S31 | $1,564,701 | $919,741 | EXEC. DIR. | $117,935 | Same NTEE code S31, revenue within 2x, same state |
| BLACK COLLECTIVE INC | FL | S31 | $666,645 | $860,134 | CHAIRMAN | $70,346 | Same NTEE code S31, revenue within 2x, same state |
| JACKSONVILLE CHAMBER FOUNDATION INC | FL | S31 | $990,861 | $793,054 | Director/CEO Jax Chamber | $609,058 | Same NTEE code S31, revenue within 2x, same state |
| AVATAR NON-PROFIT INC | FL | S31 | $500,866 | $230,189 | DIRECTOR | $5,000 | Same NTEE code S31, revenue within 2x, same state |
| WEST LAKES PARTNERSHIP INC | FL | S31 | $678,352 | $556,726 | EXECUTIVE DI | $0 | Same NTEE code S31, revenue within 2x, same state |
| LASSEN ECONOMIC DEVELOPMENT CORP | CA | S31 | $877,087 | $890,786 | BOARD MEMBER | $0 | Same NTEE code S31, revenue within 2x, similar name |
| ROCK HILL ECONOMIC DEVELOPMENT CORPORATION | SC | S31 | $815,489 | $226,099 | Vice Chair | $0 | Same NTEE code S31, revenue within 2x, similar name |
| CERTIFIED DEVELOPMENT CORPORATION OF SOUTH CAROLINA | SC | S31 | $569,341 | $451,180 | CHAIRMAN | $1,800 | Same NTEE code S31, revenue within 2x, similar mission |
| TANGIPAHOA ECONOMIC DEVELOPMENT FOUNDATION INC | LA | S31 | $491,315 | $153,449 | BOARD MEMBER | $0 | Same NTEE code S31, revenue within 2x, similar name |
| JACKSON ECONOMIC DEVELOPMENT CORPORATION | MN | S31 | $446,302 | $138,527 | Director | $0 | Same NTEE code S31, revenue within 2x, similar name |
| JACKSON COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC | MS | S31 | $1,500,254 | $1,713,609 | CEO | $441,788 | Same NTEE code S31, revenue within 2x, similar name |
| ECONOMIC DEVELOPMENT CORPORATION | NY | S31 | $719,215 | $753,420 | PRESIDENT/CEO | $180,945 | Same NTEE code S31, revenue within 2x, similar name |
| SOUTHERN COLORADO ECONOMIC DEVELOPMENT DISTRICT INC | CO | S31 | $754,119 | $584,438 | DIRECTOR | $0 | Same NTEE code S31, revenue within 2x, similar name |
| COLLEGE AREA ECONOMIC DEVELOPMENT CORPORATION | CA | S31 | $617,396 | $650,567 | President | $0 | Same NTEE code S31, revenue within 2x, similar name |
| OCONTO COUNTY ECONOMIC DEVELOPMENT CORPORATION | WI | S31 | $993,636 | $960,717 | EXECUTIVE DI | $115,566 | Same NTEE code S31, revenue within 2x, similar name |
| YUBA SUTTER ECONOMIC DEVELOPMENT CORPORATION | CA | S31 | $628,210 | $693,628 | Secretary | $150,965 | Same NTEE code S31, revenue within 2x, similar name |
| ALLEN TEMPLE COMMUNITY ECONOMIC DEVELOPMENT CORPORATION | SC | S31 | $850,244 | $872,256 | DIRECTOR | $0 | Same NTEE code S31, revenue within 2x |
| WEST COMMUNITY ECONOMIC DEVELOPMENT CORPORATION | CO | S31 | $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 INC | IN | S31 | $1,098,326 | $890,905 | EXECUTIVE DI | $136,166 | Same NTEE code S31, revenue within 2x, similar name |
| SOUTHERN IDAHO ECONOMIC DEVELOPMENT ORGANIZATION INC | ID | S31 | $453,013 | $403,174 | DIRECTOR | $0 | Same NTEE code S31, revenue within 2x, similar name |
| URBAN ECONOMIC DEVELOPMENT | WI | S31 | $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).
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
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $982,100 | 100% |
2023 · Form 990 · $1,062,639 spent · pay $339,908 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $1,062,639 | 100% |
2022 · Form 990 · $946,968 spent · pay $299,261 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $946,968 | 100% |
2021 · Form 990 · $1,282,057 spent · pay $394,564 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $1,282,057 | 100% |
2020 · Form 990 · $3,015,650 spent · pay $417,410 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $3,015,650 | 100% |
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 year | Grants and other assistance | Contracts | Awards |
|---|---|---|---|
| 2025 | -$24,998 | $0 | 1 |
| 2022 | $180,000 | $0 | 1 |
| 2021 | $594,472 | $0 | 3 |
| 2020 | $275,000 | $0 | 2 |
| 2019 | $0 | $0 | 1 |
| 2018 | $550,000 | $0 | 3 |
Largest awards · 7 shown
| Year | Agency | Kind | Program | Description | Obligated |
|---|---|---|---|---|---|
| 2025 | Small Business Administration | Grant or other assistance | PRIME TECHNICAL ASSISTANCE 59.050 | FY22 PRIME TECHNICAL ASSISTANCE | -$24,998 |
| 2022 | Small Business Administration | Grant or other assistance | PRIME TECHNICAL ASSISTANCE 59.050 | FY22 PRIME TECHNICAL ASSISTANCE | $180,000 |
| 2021 | Community Development Financial Institutions Fund | Grant or other assistance | COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS RAPID RESPONSE PROGRAM (CDFI RRP) 21.024 | CDFI RAPID RESPONSE PROGRAM AWARD | $613,000 |
| 2021 | Small Business Administration | Grant or other assistance | PRIME TECHNICAL ASSISTANCE 59.050 | PROGRAM FOR INVESTMENT IN MICROENTREPRENEURS - PRIME | -$18,527 |
| 2020 | Community Development Financial Institutions Fund | Grant or other assistance | COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM 21.020 | FINANCIAL ASSISTANCE AWARD | $275,000 |
| 2018 | Community Development Financial Institutions Fund | Grant or other assistance | COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM 21.020 | FINANCIAL ASSISTANCE AWARD | $400,000 |
| 2018 | Small Business Administration | Grant or other assistance | PRIME TECHNICAL ASSISTANCE 59.050 | PROGRAM FOR INVESTMENT IN MICROENTREPRENEURS - PRIME | $150,000 |
State business registration
- GREATER MIAMI ROWING AND WATER SPORTS ASSOCIATION, INC. FL, Domestic nonprofit corporation (DOMNP), Inactive, formed 1989-03-20
- BLACK ECONOMIC DEVELOPMENT COALITION, INC. FL, Domestic nonprofit corporation (DOMNP), Active, formed 1989-09-13
The same business name in the same state, from the state’s official registry data.
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