Nonprofit · EIN 27-1044964
UNION MICROFINANZA INC
Also known as UNION MICROFINANZA
Tax-exempt · GRAND HAVEN, MI 49417
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $205,269 | $122,742 | $82,527 | $463,847 | $98,580 | $365,267 |
| March 31, 2024 | 990 | $129,176 | $90,238 | $38,938 | $409,409 | $126,669 | $282,740 |
| March 31, 2023 | 990 | $94,827 | $55,105 | $39,722 | $398,295 | $154,493 | $243,802 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $135,944
- Program service revenue
- $8,005
- Investment income
- $3,008
- Net gain from sales of assets
- -$256
- Net income from sales of inventory
- $59,863
- Other revenue
- $58,312
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $12,214
- Other salaries and wages
- $41,800
- Salaries, compensation and benefits (total)
- $56,896
- Professional fundraising fees
- $0
- Accounting fees
- $761
- Occupancy
- $1,928
- Travel
- $2,908
- Depreciation
- $2,855
- Program services (functional)
- $85,419
- Management and general (functional)
- $31,867
Balance sheet and other
- Total assets, start of year
- $409,409
- Total assets, end of year
- $463,847
- Total liabilities, end of year
- $98,580
- Net assets, end of year
- $365,267
- Land, buildings and equipment
- $64,805
- Net assets without donor restrictions
- $365,267
- Gross receipts
- $421,304
- Employees
- 1
- Volunteers
- 50
- Year formed
- 2009
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Charles Heins | President Trustee or director, Officer, Key employee | 40 | $14,992 |
| Andrew Boyd | Treasurer Trustee or director, Officer | 2 | $0 |
| Doug Heins | Secretary Trustee or director, Officer | 2 | $0 |
| Heather Farrell | officer Officer | 2 | $0 |
| Mike O'Leary | officer Trustee or director | 2 | $0 |
990 for the year ended March 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Charles Heins | President Trustee or director, Officer, Key employee | 40 | $14,992 |
| Andrew Boyd | Treasurer Trustee or director, Officer | 2 | $0 |
| Doug Heins | Secretary Trustee or director, Officer | 2 | $0 |
| Heather Farrell | officer Officer | 2 | $0 |
| Mike O'Leary | officer Trustee or director | 2 | $0 |
990 for the year ended March 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Charles Heins | President Trustee or director, Officer, Key employee | 40 | $6,910 |
| Andrew Boyd | Treasurer Trustee or director, Officer | 2 | $0 |
| Doug Heins | Secretary Trustee or director, Officer | 2 | $0 |
| Heather Farrell | officer Officer | 2 | $0 |
| Mike O'Leary | officer Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 425, GRAND HAVEN, MI 49417-0425
- In care of
- % CHARLES HEINS
- Principal officer (990 for 2024)
- Charles Heins, PO Box 425, Grand Haven, MI 49417
- Signed the 990
- Brittany Goode, Programs manager
- Phone
- (321) 727-2120
- Website
- aldeadevelopment.org
Mission
The organization is dedicated to improving the condition of impoverished rural communities through innovation and research.
Program accomplishments
- Operates a microfinance program in 32 impoverished Honduras villages. Loan recipients consist of poor small-yield farmers whom we help increase their agricultural capacities. Physical inputs such as fertilizer and field tools are offered to farmers without credit history or collateral. Clients attend payment and program update meetings every two weeks. In addition the organization purchases coffee directly from these farmers and encourages them to produce high-quality coffee by holding training sessions on farming and processing techniques. We also constructed a coffee processing facility available to local small scale coffee farmers who otherwise sell their coffee unprocessed.Expenses $31,070 · revenue $35,000
- Ensure that the basic needs are being met in poor villages in the La Union Lempira Honduras. The organization coordinates group service projects to address these basic needs. Service group members work alongside employees of the organization and community members to conduct projects such as building latrines installing water filters and constructing ventilated stoves. During the reporting period the organization worked on several projects.Expenses $54,349 · revenue $85,419
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 27-1044964
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q32)
- Assets (IRS master file)
- $463,847
- Income (IRS master file)
- $421,304
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $205,269 | $122,742 | $463,847 | XML |
| 990 | March 2024 | $129,176 | $90,238 | $409,409 | XML |
| 990 | March 2023 | $94,827 | $55,105 | $398,295 | XML |
| 990 | March 2022 | $91,311 | $67,487 | $263,614 | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1044964).
Questions about UNION MICROFINANZA INC
- What is the EIN of UNION MICROFINANZA INC?
- The employer identification number (EIN) of UNION MICROFINANZA INC is 27-1044964.
- Is UNION MICROFINANZA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to UNION MICROFINANZA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNION MICROFINANZA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UNION MICROFINANZA INC due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNION MICROFINANZA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of UNION MICROFINANZA INC?
- The 990 for the year ended March 31, 2025 names Charles Heins.
- Who are the officers and directors of UNION MICROFINANZA INC?
- The 990 for the year ended March 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $14,992 (Charles Heins, President).
- How much revenue does UNION MICROFINANZA INC have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $205,269, expenses of $122,742 and total assets of $463,847 at year end.
Other nonprofits in GRAND HAVEN
- CASA DE ESPERANZA MINISTRIES INC EIN 37-1496424 · last filed 990 for 2025
- TRINITY HEALTH GRAND HAVEN HOSPITAL EIN 38-3330803 · last filed 990 for 2025
- LJ MIDGE VERPLANK COMMUNITY IMPACT FUND EIN 85-1633335 · last filed 990 for 2025
- GRAND HAVEN AREA COMMUNITY FOUNDATION INC EIN 23-7108776 · last filed 990 for 2025
- GRAND HAVEN CHRISTIAN SCHOOL EIN 38-1467641 · last filed 990 for 2025
- YOUNG MENS CHRISTIAN ASSOCIATION TRI CITIES EIN 38-1717502 · last filed 990 for 2025
- LOVE INC OF THE TRI-CITIES EIN 38-2856482 · last filed 990 for 2026
- CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN EIN 38-1559604 · last filed 990 for 2025
All nonprofits in GRAND HAVEN · Michigan · International, foreign affairs and national security