Nonprofit · EIN 47-3904044
URBAN ENTREPRENEURSHIP INITIATIVE
Tax-exempt · DETROIT, MI 48226
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $101,602 | $27,639 | $73,963 | $168,351 | $777 | $167,574 |
| December 31, 2024 | 990-EZ | $4,052 | $59,762 | -$55,710 | $93,741 | $130 | $93,611 |
| December 31, 2023 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM DAVID TARVER | President | 60 | $0 |
| REGGIE BARNETT | Treasurer | 5 | $0 |
| KAREN LOPEZ | Secretary | 1 | $0 |
| FRED HALL | Vice President | 1 | $0 |
| LISA PRASAD | MEMBER | 1 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM DAVID TARVER | President | 15 | $0 |
| REGGIE BARNETT | Treasurer | 5 | $0 |
| KAREN LOPEZ | Secretary | 1 | $0 |
| FRED HALL | Vice President | 1 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM DAVID TARVER | President | 15 | $0 |
| REGGIE BARNETT | Treasurer | 5 | $0 |
| KAREN LOPEZ | Secretary | 1 | $0 |
| FRED HALL | Vice President | 1 | $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
- Website
- urbanei.org
- 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-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
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $168,351
- Income (IRS master file)
- $101,602
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $101,602 | $27,639 | $168,351 | XML |
| 990-EZ | December 2024 | $4,052 | $59,762 | $93,741 | XML |
| 990-EZ | December 2023 | $150,000 | $1,360 | $149,321 | XML |
| 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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