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Nonprofit · EIN 47-3904044

URBAN ENTREPRENEURSHIP INITIATIVE

Tax-exempt · DETROIT, MI 48226

Financials

$150K$1K2023$4K$60K2024$102K$28K2025
Revenue Expenses · by fiscal year end
Financials of URBAN ENTREPRENEURSHIP INITIATIVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$101,602$27,639$73,963$168,351$777$167,574
December 31, 2024990-EZ$4,052$59,762-$55,710$93,741$130$93,611
December 31, 2023990-EZ$150,000$1,360$148,640$149,321–$149,321
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$100,000
Investment income
$1,275
Other revenue
$327

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$4,727
Other expenses
$22,912
Program services (functional)
$12,942

Balance sheet and other

Total assets, start of year
$93,741
Total assets, end of year
$168,351
Total liabilities, end of year
$777
Net assets, end of year
$167,574
Cash, savings and investments
$168,351
Gross receipts
$101,602

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM DAVID TARVERPresident60$0
REGGIE BARNETTTreasurer5$0
KAREN LOPEZSecretary1$0
FRED HALLVice President1$0
LISA PRASADMEMBER1$0
990-EZ for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
WILLIAM DAVID TARVERPresident15$0
REGGIE BARNETTTreasurer5$0
KAREN LOPEZSecretary1$0
FRED HALLVice President1$0
990-EZ for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
WILLIAM DAVID TARVERPresident15$0
REGGIE BARNETTTreasurer5$0
KAREN LOPEZSecretary1$0
FRED HALLVice President1$0

Address and contacts

Address (IRS master file)
607 SHELBY ST STE 714, DETROIT, MI 48226-3334
In care of
% WILLIAM D TARVER
Mailing address (990-N for 2022)
607 Shelby Street 714, Detroit MI 48226
Principal officer (990-N for 2022)
William David Tarver, 607 Shelby Street 714, Detroit MI 48226
Signed the 990-EZ
WILLIAM DAVID TARVER, President
Phone
(313) 457-2050
Return prepared by
Derderian Kann Seyferth & Salucci PC

Mission

The purpose of the Urban Entrepreneurship Initiative is to support the work of entrepreneurs, business development organizations and governmental organizations by the following Means: Provide tools for Urban Entrepreneurs Education and Training, connecting Urban Entrepreneurs with Strategic advice and financing opportunities, Providing an information exchange for case studies, business models and technical innovations and other useful information, Recognizing and publicizing other notable achievements of Urban Entrepreneurs.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • Support the work of entrepreneurs, business development organizations and governmental organizations by the following means: (1)provide tools for urban entrepreneur education and training;(2) connecting urban entrepreneurs with strategic advice and financing opportunities; (3) providing an information exchange for case studies, business models, technical innovations and other useful information; and (4)recognizing and publicizing other notable achievements of urban entrepreneurs.
    Expenses $12,942 · grants $100,000

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, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
47-3904044
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
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$168,351
Income (IRS master file)
$101,602

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$101,602$27,639$168,351XML
990-EZDecember 2024$4,052$59,762$93,741XML
990-EZDecember 2023$150,000$1,360$149,321XML
990-N for 2022
Officer: William David Tarver
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: William David Tarver
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: David Tarver
December 31, 2019≤ $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 47-3904044).

Questions about URBAN ENTREPRENEURSHIP INITIATIVE

What is the EIN of URBAN ENTREPRENEURSHIP INITIATIVE?
The employer identification number (EIN) of URBAN ENTREPRENEURSHIP INITIATIVE is 47-3904044.
Is URBAN ENTREPRENEURSHIP INITIATIVE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to URBAN ENTREPRENEURSHIP INITIATIVE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does URBAN ENTREPRENEURSHIP INITIATIVE 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 URBAN ENTREPRENEURSHIP INITIATIVE due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did URBAN ENTREPRENEURSHIP INITIATIVE last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of URBAN ENTREPRENEURSHIP INITIATIVE?
The 990-N for 2022 names William David Tarver.
Who are the officers and directors of URBAN ENTREPRENEURSHIP INITIATIVE?
The 990-EZ for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does URBAN ENTREPRENEURSHIP INITIATIVE have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $101,602, expenses of $27,639 and total assets of $168,351 at year end.

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