Skip to main content

Nonprofit · EIN 41-2247717

MICROENTERPRISE RESOURCES INITIATIVES & TRAINING

Also known as MERIT

Tax-exempt · KEIZER, OR 97303

Financials

$270K$221K2022$342K$158K2023$352K$341K2024
Revenue Expenses · by fiscal year end
Financials of MICROENTERPRISE RESOURCES INITIATIVES & TRAINING by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$352,295$341,162$11,133$222,278$20,581$201,697
June 30, 2024990$342,283$158,372$183,911$220,740$10,176$210,564
June 30, 2023990$270,261$220,860$49,401$36,649$9,996$26,653
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$347,828
of which government grants
$5,110
Program service revenue
$4,467
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$102,319
Other salaries and wages
$94,566
Salaries, compensation and benefits (total)
$217,234
Professional fundraising fees
$0
Legal fees
$3,186
Accounting fees
$17,940
Travel
$15,049
Program services (functional)
$242,262
Management and general (functional)
$93,155
Fundraising (functional)
$5,745

Balance sheet and other

Total assets, start of year
$220,740
Total assets, end of year
$222,278
Total liabilities, end of year
$20,581
Net assets, end of year
$201,697
Net assets without donor restrictions
$171,697
Net assets with donor restrictions
$30,000
Gross receipts
$352,295
Employees
5
Volunteers
4
Year formed
2007
State of legal domicile
OR

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
CLAUDIA MACIELEXECUTIVE DIRECTOR
Trustee or director, Officer
40$84,605
JAIME ARREDONDOPRESIDENT
Trustee or director, Officer
4$0
MARIA CABALLEROVICE PRESIDENT
Trustee or director, Officer
3$0
MARIA ELENA GUERRATREASURER
Trustee or director, Officer
3$0
MARISSA ZARATESECRETARY
Trustee or director, Officer
3$0
JENNY POOL RADWAYBOARD MEMBER
Trustee or director
1$0
SARA CURIEL-PEREZBOARD MEMBER
Trustee or director
1$0
NANCY RAMIREZ ARRIAGABOARD MEMBER
Trustee or director
1$0
ALDO MEDINABOARD MEMBER
Trustee or director
1$0
JUAN CARLOS GONZALESBOARD MEMBER
Trustee or director
1$0
EDDY MORALESBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
SARA CURIEL-PAREZPRESIDENT
Trustee or director, Officer
4$0
MARIA CABALLEROSECRETARY
Trustee or director, Officer
4$0
MARIA ELENA GUERRATREASURY
Trustee or director, Officer
2$0
JAIME ARREDONDOVICE PRESIDENT
Trustee or director, Officer
1$0
VICTOR VASQUEZEXECUTIVE DIRECTOR
Officer
40$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensationOther / benefits
VICTOR VASQUEZEXECUTIVE DIRECTOR
Trustee or director, Officer
40$69,399$1,250
SARA CURIEL-PAREZPRESIDENT
Trustee or director, Officer
4$0$0
MARIA CABALLEROSECRETARY
Trustee or director, Officer
4$0$0
MARIA ELENA GUERRATREASURY
Trustee or director, Officer
2$0$0
JENNY POOLBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
4494 RIVER RD N STE 109, KEIZER, OR 97303-3994
In care of
% CHEMEKETA CENTER FOR BUSINESS
Mailing address (990-N for 2009)
626 High St NE, Salem OR 97301
Principal officer (990 for 2024)
CARLOS GARCIA, 2911 SADDLE CLUB CT SE, SALEM, OR 97317
Principal officer (990-N for 2009)
Forrest Peck, 626 High St NE, Salem OR 97301
Signed the 990
CARLOS GARCIA, EXECUTIVE DIRECTOR
Phone
(503) 584-7314
Return prepared by
ANTHEM STRATEGISTS PC

Mission

SEE SCHEDULE O

990 for the year ended June 30, 2025

Program accomplishments

  • MICROENTERPRISE RESOURCES, INITIATIVES & TRAINING (MERIT DBA PROSPERIDAD OREGON)- MERIT'S MISSION IS TO HELP PEOPLE EXPLORE, LAUNCH, AND GROW SUCCESSFUL SMALL BUSINESSES THROUGH TRAINING, SUPPORT, FINANCIAL EDUCATION, ACCESS TO CAPITAL, AND MORE. IN THE PAST YEAR, MERIT SERVED AROUND 184 PARTICIPANTS THROUGH BUSINESS DEVELOPMENT TRAINING, FINANCIAL EDUCATION, SPECIALIZED BUSINESS WORKSHOPS, AND ACCESS TO CAPITAL.
    Expenses $96,906 · revenue $4,467
  • ACCESS TO CAPITAL PROGRAM- MERIT PROVIDED INDIVIDUAL DEVELOPMENT ACCOUNTS (IDAS) FOR SMALL BUSINESS AND RETIREMENT SAVINGS. THE PROGRAM SUCCESSFULLY GRADUATED FOUR PARTICIPANTS AND ENROLLED THIRTEEN ADDITIONAL ACCOUNTS TO SUPPORT SMALL BUSINESS AND RETIREMENT GOALS.
    Expenses $72,678
  • MICROENTERPRISE RESOURCES, INITIATIVES & TRAINING - MERIT OFFERED MORE THAN 450 HOURS OF GROUP TRAINING AND INDIVIDUALIZED COACHING TO ASPIRING AND EXISTING SMALL BUSINESS OWNERS SEEKING TO START OR EXPAND THEIR BUSINESSES. - 12 WORKSHOPS TOTAL OF 32 CLASSES EACH BEING ABOUT 2.5 HOURS AVERAGE - 184 OF CLIENTS SERVED - AVERAGE OF 467.36 HOURS IN CLASSES OR IN COACHING INCLUDING ALL PARTICIPANTS - 13 NEW IDA'S
    Expenses $72,678

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
41-2247717
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
2008
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$222,278
Income (IRS master file)
$352,295

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$352,295$341,162$222,278IRS
990June 2024$342,283$158,372$220,740XML
990June 2023$270,261$220,860$36,649XML
990June 2022$158,688$279,094$35,746IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990-N for 2009
Officer: Forrest Peck
June 30, 2010≤ $50,000 receipts––e-Postcard

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 41-2247717).

Questions about MICROENTERPRISE RESOURCES INITIATIVES & TRAINING

What is the EIN of MICROENTERPRISE RESOURCES INITIATIVES & TRAINING?
The employer identification number (EIN) of MICROENTERPRISE RESOURCES INITIATIVES & TRAINING is 41-2247717.
Is MICROENTERPRISE RESOURCES INITIATIVES & TRAINING tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to MICROENTERPRISE RESOURCES INITIATIVES & TRAINING tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MICROENTERPRISE RESOURCES INITIATIVES & TRAINING 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 MICROENTERPRISE RESOURCES INITIATIVES & TRAINING due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MICROENTERPRISE RESOURCES INITIATIVES & TRAINING last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MICROENTERPRISE RESOURCES INITIATIVES & TRAINING?
The 990 for the year ended June 30, 2025 names CARLOS GARCIA.
Who are the officers and directors of MICROENTERPRISE RESOURCES INITIATIVES & TRAINING?
The 990 for the year ended June 30, 2025 lists 11 people; 1 received compensation from the organization, the highest $84,605 (CLAUDIA MACIEL, EXECUTIVE DIRECTOR).
How much revenue does MICROENTERPRISE RESOURCES INITIATIVES & TRAINING have?
On its 990 for the year ended June 30, 2025 it reported revenue of $352,295, expenses of $341,162 and total assets of $222,278 at year end.

Other nonprofits in KEIZER

All nonprofits in KEIZER · Oregon · Community improvement and capacity building