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Nonprofit · EIN 46-2482581

ACCELERATE UP

Tax-exempt · MARQUETTE, MI 49855

Financials

$110K$101K2023$312K$227K2024
Revenue Expenses · by fiscal year end
Financials of ACCELERATE UP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$311,551$226,513$85,038$178,716$397$178,319
December 31, 2023990-EZ$110,000$100,847$9,153$93,281–$93,281
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$311,551
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,375
Occupancy
$6,007
Travel
$141
Program services (functional)
$226,513

Balance sheet and other

Total assets, start of year
$93,281
Total assets, end of year
$178,716
Total liabilities, end of year
$397
Net assets, end of year
$178,319
Gross receipts
$311,551
Employees
0
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
NHEENA WEYER-ITTNERTRUSTEE
Trustee or director, Officer
4$0
MARY JEANNE CHAPMANTREASURER
Officer
4$0
MEAGEN MORRISONPRESIDENT
Officer
4$0
AMY QUINNSECRETARY
Officer
4$0
990-EZ for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Meagen MorrisonPresident, Trustee4$0
Stu BradleyVide President, Trustee4$0
Mary Jeanne ChapmanTreasurer, Trustee4$0
Bob EslingerSecretary, Trustee4$0
Nheena Weyer-IttnerTrustee4$0
Amy QuinnTrustee4$0

Address and contacts

Address (IRS master file)
153 W WASHINGTON ST STE A, MARQUETTE, MI 49855-4386
In care of
% MEAGEN MORRISON
Principal officer (990 for 2024)
MARY JEANNE CHAPMAN, 1010 W WASHINGTON ST STE 201, MARQUETTE, MI 49855
Signed the 990
MARY JEANNE CHAPMAN, TREASURER
Phone
(906) 228-7616
Return prepared by
CHAPMAN & MYERS CPAS PC

Mission

THE PURPOSE FOR WHICH THE CORPORATION IS ORGANIZED IS TO PROVIDE A COMMON RESOURCE LINK THAT WILL ASSIST ENTREPRENEURS WITH THE DEVELOPMENT OF LOCAL BUSINESSES IN MARQUETTE COUNTY, MICHIGAN AND TO FOSTER IDEAS AND METHODS AMONG LOCAL ENTREPRENEURS AS A MEANS OF ENCOURAGING ECONOMIC GROWTH WITHIN THESE COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • BUSINESS COACHING TO SMALL BUSINESSES AND ENTREPRENEURS. ACCELERATE UP OFFERS FREE AND CONFIDENTIAL BUSINESS COACHING TO SMALL BUSINESSES AND ENTREPRENEURS WITHIN MARQUETTE COUNTY, MICHIGAN. THE MISSION IS TO TRANSFORM PASSIONATE PEOPLE INTO SUCCESSFUL ENTREPRENEURS.
  • BUSINESS COACHING TO SMALL BUSINESSES AND ENTREPRENEURS. ACCELERATE UP OFFERS FREE AND CONFIDENTIAL BUSINESS COACHING TO SMALL BUSINESSES AND ENTREPRENEURS WITHIN MARQUETTE COUNTY, MICHIGAN. THE MISSION IS TO TRANSFORM PASSIONATE PEOPLE INTO SUCCESSFUL ENTREPRENEURS.
    Expenses $226,513

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
46-2482581
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$178,716
Income (IRS master file)
$311,551

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$311,551$226,513$178,716XML
990-EZDecember 2023$110,000$100,847$93,281XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 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 46-2482581).

Questions about ACCELERATE UP

What is the EIN of ACCELERATE UP?
The employer identification number (EIN) of ACCELERATE UP is 46-2482581.
Is ACCELERATE UP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2015.
Are donations to ACCELERATE UP tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ACCELERATE UP 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 ACCELERATE UP 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 ACCELERATE UP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ACCELERATE UP?
The 990 for the year ended December 31, 2024 names MARY JEANNE CHAPMAN.
Who are the officers and directors of ACCELERATE UP?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does ACCELERATE UP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $311,551, expenses of $226,513 and total assets of $178,716 at year end.

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