Nonprofit · EIN 31-1595820
GREATER CINCINNATI MICROENTERPRISE INITIATIVE INCORPORATED
Tax-exempt · CINCINNATI, OH 45237
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $677,149 | $567,437 | $109,712 | $1,115,714 | $56,538 | $1,059,176 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $396,134
- of which government grants
- $126,233
- Program service revenue
- $275,654
- Investment income
- $5,361
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $3,500
- Compensation of officers, directors and key employees
- $95,972
- Other salaries and wages
- $119,771
- Salaries, compensation and benefits (total)
- $266,713
- Professional fundraising fees
- $0
- Accounting fees
- $14,838
- Occupancy
- $35,022
- Program services (functional)
- $447,354
- Management and general (functional)
- $120,083
Balance sheet and other
- Total assets, start of year
- $1,078,109
- Total assets, end of year
- $1,115,714
- Total liabilities, end of year
- $56,538
- Net assets, end of year
- $1,059,176
- Net assets without donor restrictions
- $889,133
- Net assets with donor restrictions
- $170,043
- Gross receipts
- $677,149
- Employees
- 3
- Volunteers
- 18
- Year formed
- 1998
- State of legal domicile
- OH
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 December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Willie Hill III | Executive Director Trustee or director | 50 | $95,972 | $16,275 |
| Christine Hawkins | Director Trustee or director | 0.5 | $0 | $0 |
| Lebruan Colvin | Director Trustee or director | 0.5 | $0 | $0 |
| Roddell McCoulough | Director Trustee or director | 0.5 | $0 | $0 |
| Carmen Gaines | Director Trustee or director | 0.5 | $0 | $0 |
| Christopher Calvert | Director Trustee or director | 0.5 | $0 | $0 |
| Bro Abdine Lewis | Director Trustee or director | 0.5 | $0 | $0 |
| Glenda Cousins | Chairperson Trustee or director, Officer | 1 | $0 | $0 |
| Della Rucker | Vice Chairperson Trustee or director, Officer | 1 | $0 | $0 |
| Lisa Pflueger | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1740 LANGDON FARM RD, CINCINNATI, OH 45237-1157
- In care of
- % GREATER CINCINNATI MICROENTERPRIS
- Signed the 990
- Willie Hill, Executive Direc
- Website
- www.gcmi.org
- Return prepared by
- Bob Bright
Mission
To promote the development of business and enterprise in low-income neighborhoods by sponsoring and participating in business training, education, small business loans and ongoing support programs in the greater Cincinnati area.
Program accomplishments
- Job Training & Employment Programs: The Microenterprise Loan Program created and/or retained 24 full and part time jobs and retained over 101 PT/FT jobs with our Loan Portfolio of clients as a direct result of our access to capital activities. GCMI also provided 172 clients with Classroom and/or technical assistance, 83 completed our Entrepreneurial Training Academy (ETA). GCMI also provided access to capital through microloans and small business grants to 38 businesses with a large number of them being Black, Indigenous, and People of Color (BIPOC) business owners in 2023.Expenses $447,354 · revenue $257,704
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1595820
- 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
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43)
- Assets (IRS master file)
- $1,115,714
- Income (IRS master file)
- $677,149
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $677,149 | $567,437 | $1,115,714 | XML |
| 990 | December 2022 | $660,202 | $482,861 | $1,078,109 | IRS |
| 990 | December 2021 | $1,161,853 | $871,553 | $862,689 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 31-1595820).
Questions about GREATER CINCINNATI MICROENTERPRISE INITIATIVE INCORPORATED
- What is the EIN of GREATER CINCINNATI MICROENTERPRISE INITIATIVE INCORPORATED?
- The employer identification number (EIN) of GREATER CINCINNATI MICROENTERPRISE INITIATIVE INCORPORATED is 31-1595820.
- Is GREATER CINCINNATI MICROENTERPRISE INITIATIVE INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to GREATER CINCINNATI MICROENTERPRISE INITIATIVE INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GREATER CINCINNATI MICROENTERPRISE INITIATIVE INCORPORATED 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 GREATER CINCINNATI MICROENTERPRISE INITIATIVE INCORPORATED due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GREATER CINCINNATI MICROENTERPRISE INITIATIVE INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2023.
- Who are the officers and directors of GREATER CINCINNATI MICROENTERPRISE INITIATIVE INCORPORATED?
- The 990 for the year ended December 31, 2023 lists 10 people; 1 received compensation from the organization, the highest $95,972 (Willie Hill III, Executive Director).
- How much revenue does GREATER CINCINNATI MICROENTERPRISE INITIATIVE INCORPORATED have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $677,149, expenses of $567,437 and total assets of $1,115,714 at year end.
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