WePower

WePower is a left-of-center community activist group focused on the St. Louis region that runs an investment fund and a small business accelerator program for the benefit of Black and Latino communities. The group claims that economic inequality is the result of “systemic oppression” and white supremacy. 1 2 3 4 5

At-A-Glance

Website: wepowerstl.org
Founded:

2018

CEO:

Charli Cooksey

Location: St. Louis, MO View on map
Tax ID: 82-3591958
Most Recent Filing: 2024
Budget (2024): Assets: $1,224,465 Revenue: $3,313,077 Expenses: $3,040,973

Contents

    Philosophy and Goals

    WePower’s long term goals include the adoption of guaranteed-income schemes and job guarantees for Black and “Latinx” households, and reparations for the descendants of slaves. The organization’s education goals include the adoption of curriculum that cultivates what it terms “liberatory thinking.” The organization works to abolish prisons and replace them with a “restorative/transformative justice system.” The organization’s philosophy and strategy of social change is built on the premise that America and its institutions are founded upon white supremacy and that these white supremacist institutions must be destroyed and rebuilt entirely anew by “oppressed communities.” 1 The organization’s founder and CEO, Charli Cooksey, has stated that “power is a human right.” 6

    Activities

    Power Building Academy

    WePower operates a training program for St. Louis community members who receive education in “social justice” and the ways in which today’s allegedly white supremacist social system works, along with activism techniques. 2

    One such policy campaign is designed to pass a community benefits agreement ordinance. 2 Such an ordinance would force developers to support nonprofits and implement various provisions regarding wages, housing, and other activist priorities in exchange for the approval for development projects. 3

    WePower Capital

    WePower provides loans to Black and Latino owned businesses in the St. Louis area. The loans are repaid by a revenue sharing agreement between the business and the fund. There are no collateral requirements or credit checks. The loan program is designed to increase the number of ethnic-minority-owned businesses and to generate wealth in ethnic-minority communities. 4

    WePower Capital also administers WePower Accelerator, a 10-week development program for Black and Latino business owners who have $50,000 to $250,000 in sales revenue. The program includes mentorship, access to professional services, and a stipend to pay for therapy or wellness programs. 5

    Other Programs

    WePower also runs additional programs, including the Chisholm’s Chair Fellowship, designed for “self-identified” women who also “self-identify” as being Black or Latino that is focused on training the participants to be leaders dedicated to “equity” and overturning what the group considers to be “systems of oppression.” 7

    WePower was also involved in the Black Census Project, which encouraged Black residents to fill out census forms to secure more political representation. 8

    Finances

    In 2021, WePower reported $1,807,746 in revenue, almost entirely from contributions and grants. It had $1,787,165 in expenses, of which $165,038 was allocated towards salaries and compensation, a drop from $280,880 in 2020. Additionally, $38,500 was spent on contribution and grant disbursements, with the remaining $1,508,094 being classified as “other expenses.” It ended the year with $27,934, up from $12,334 at the beginning of 2021. 9

    Leadership

    Charli Cooksey is the founder and CEO of WePower. She is a former member of the St. Louis school board and worked as a teacher for Teach for America from 2009 to 2011. She was the executive director of inspireSTL, an education focused organization based in St. Louis, from 2011 to 2016. She was the interim executive director of Forward Through Ferguson, founded in the wake of the protests surrounding the police-shooting death of Michael Brown in Ferguson, Missouri in 2014. She founded WePower in 2018 with the goal of increasing the power of Black and “Latinx” communities in St. Louis. 6 10

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $1,224,465 $3,313,077 $3,040,973 View
    2023 $975,850 $2,269,223 $2,007,937 View
    2022 $232,805 $2,131,840 $2,072,040 View
    2021 $83,554 $1,807,746 $1,787,165 View
    2020 $75,657 $1,451,477 $1,475,877 View

    Prior year filings: 2019, 2018

    Revenue Detail

    Expenses Detail

    Employee Compensation

    • Number of Employees: 22

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Charli CookseyChief Executive Officer$128,864
    Christopher DennisChief of Staff$114,510

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $9,031,091
    • Number of Grants: 104
    • Number of Funders: 47

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $1,504,7632023 Missouri Foundation for HealthWEPOWER will engage institutions, thought leaders, and residents from marginalized neighborhoods to design, pilot and scale St. Louis's Community Wealth Building Model. Grounded in partnerships, this model will employ programs, policy design, advocacy, and research to dismantle economic injustice as a lever for fostering community wellbeing, especially for Black/Latinx residents.
    $650,0002023 Rio Vista FoundationACTIVATE COMMUNITY POWER TO RE-DESIGN EDUCATION,HEALTH,JUSTICE SYSTEMS-EQUITABLE FOR ALL
    $637,5392024 James S McDonnell FoundationDEVELOPING A DATA-DRIVEN, COMMUNITY-CENTRIC STRATEGY TO COORDINATE & TRANSFORM THE ST. LOUIS EARLY CHILDHOOD SYSTEM
    $250,0002024 Rio Vista FoundationACTIVATE COMMUNITY POWER TO RE-DESIGN EDUCATION,HEALTH,JUSTICE SYSTEMS-EQUITABLE FOR ALL
    $250,0002022 Rio Vista FoundationACTIVATE COMMUNITY POWER TO RE-DESIGN EDUCATION,HEALTH,JUSTICE SYSTEMS-EQUITABLE FOR ALL
    $200,0002021 Rio Vista FoundationTO FURTHER THE CHARITABLE PURPOSE OF THE TAX EXEMPT RECIPIENT ORGANIZATION
    $200,0002020 Rio Vista FoundationTO FURTHER THE CHARITABLE PURPOSE OF THE TAX EXEMPT RECIPIENT ORGANIZATION
    $198,1742021 Missouri Technology CorporationMTC GRANTED FUNDING FOR OPERATIONAL SUPPORT & SPECIAL PROJECTS.
    $175,0002022 Grand Victoria FoundationProject Support
    $165,0002024 TSNERCCF YEAR 1 GRANT
    $165,0002023 ImpactAssetsGENERAL SUPPORT
    $160,0002021 Ewing Marion Kauffman FoundationSUPPORT FOR THE ELEVATE/ELEVAR ACCELERATOR, A ST. LOUIS-BASED SIX-MONTH ENTREPRENEURSHIP DEVELOPMENT PROGRAM FOR BLACK & LATINX ENTREPRENEURS COMMITTED TO SPARKING JOBS AND ECONOMIC GROWTH IN NEIGHBORHOODS PLAGUED BY SYSTEMIC DISINVESTMENT. 202104-10296
    $155,9002020 Youthbridge Community FoundationPROGRAM ACTIVITY FUNDING
    $150,0002024 Grand Victoria FoundationProject Support
    $149,4382024 BiostlSUBRECIPIENT PASS THROUGH OF FEDERAL FUNDS UNDER THE EDA BUILD BACK BETTER GRANT
    $128,0002024 Pritzker Family Foundation C/o Pritzker GroupRESEARCH AND EDUCATION ON FAMILY ECONOMIC STABILITY
    $125,0002023 TSNERAISING CHILD CARE FUND YEAR 2
    $125,0002021 Grand Victoria FoundationProject Support
    $120,0002024 St. Louis Community FoundationGENERAL SUPPORT, EARLY CHILDHOOD EDUCATION MARKET RATE SURVEY EFFORT
    $120,0002024 Possibility LabsGENERAL OPERATING SUPPORT
    $119,2852022 TSNEGRANT FOR COMMUNITY ORGANIZING YEAR 1
    $100,0002023 Ewing Marion Kauffman FoundationSUPPORT FOR THE ELEVATE/ELEVAR ACCELERATOR, A ST. LOUIS-BASED SIX-MONTH ENTREPRENEURSHIP DEVELOPMENT PROGRAM THAT TARGETS BLACK & LATINX ENTREPRENEURS. 202104-10296
    $100,0002022 Ewing Marion Kauffman FoundationSUPPORT FOR THE ELEVATE/ELEVAR ACCELERATOR, A ST. LOUIS-BASED SIX-MONTH ENTREPRENEURSHIP DEVELOPMENT PROGRAM THAT TARGETS BLACK & LATINX ENTREPRENEURS. 202104-10296
    $100,0002020 Jpmorgan Chase FoundationIN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
    $100,0002020 Wells Fargo FoundationElevate/Elevar business accelerator

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $146,000
    • Number of Grants: 7
    • Number of Recipients: 6

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $67,5002024 Urban Development Center IncGrant funding
    $38,5002021 Urban SproutsEarly Childhood Development
    $20,0002024 Gateway Early Childhood AllianceGeneral support
    $10,0002024 Beginning Futures 2 IncMarket rate survey technical assistance
    $10,0002024 The Christian AcademyMarket rate survey program
    $02022 St. Louis Community FoundationPhilanthropy
    $02022 Urban SproutsEarly Childhood Development

    Mentioned in this Article

    References

    1. “Theory of Change.” WEPOWER. Accessed June 12, 2023. https://wepowerstl.org/theory-of-change/.
    2. “Power-Building Academy for Policy Change.” WEPOWER. Accessed June 12, 2023. https://wepowerstl.org/powerbuildingacademy/.
    3. “Community Benefits Agreements.” PolicyLink. Accessed June 12, 2023. https://www.policylink.org/resources-tools/tools/all-in-cities/good-jobs/community-benefits-agreements.
    4. “WEPOWER Capital.” WEPOWER. Accessed June 17, 2023. https://wepowerstl.org/wepower-capital/.
    5. “WEPOWER St. Louis | Bridging the Racial Wealth Gap.” WEPOWER. Accessed June 17, 2023. https://wepowerstl.org/wepower-accelerator/.
    6. “Meet Charli Cooksey, Activating Her Community as the Founder of WEPOWER in St. Louis.” Leadership for Educational Equity. Accessed June 12, 2023. https://educationalequity.org/blog/meet-charli-cooksey-activating-her-community-founder-wepower-st-louis.
    7. “WEPOWER St. Louis | Chisholm’s Chair Fellowship.” WEPOWER. Accessed June 17, 2023. https://wepowerstl.org/chisholms-chair/.
    8. WEPOWER. “WEPOWER St. Louis | Black Census Project | Visioning Our Futures.” WEPOWER, September 12, 2018. Accessed June 17, 2023. https://wepowerstl.org/2018-9-12-visioning-our-futures-through-courageous-conversations/
    9. WePower, Return of an Organization Exempt From Income Tax (Form 990), 2021, Part I.
    10. “Charli Cooksey.” LinkedIn.com. Accessed June 12, 2023. https://www.linkedin.com/in/charli-cooksey-4569067/.