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Nonprofit · EIN 85-1123233

HATCHER URBAN BUSINESSES

Also known as THEHUB

Tax-exempt · PHOENIX, AZ 85021

Financials

$41K$31K2024
Revenue Expenses · by fiscal year end
Financials of HATCHER URBAN BUSINESSES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$41,236$30,688$10,548$31,088–$31,088
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$37,648
Program service revenue
$2,122
Investment income
$6
Net income from fundraising events
$1,460

Expenses

Grants and similar amounts paid
$1,350
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$18,447
Other expenses
$10,891
Program services (functional)
$27,358

Balance sheet and other

Total assets, start of year
$20,540
Total assets, end of year
$31,088
Total liabilities, end of year
–
Net assets, end of year
$31,088
Cash, savings and investments
$30,588
Gross receipts
$42,536

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Caroline LoboPresident5$0
Nadine AlauriaVice President2$0
Sam DeZoniaSecretary2$0
Brian FabigDirector2$0
Mary Anne RamirezDirector until 06/30/242$0
Kim AbbertonDirector until 06/30/242$0

Address and contacts

Address (IRS master file)
9201 N 7TH AVE, PHOENIX, AZ 85021-3518
In care of
% THEHUB
Mailing address (990-N for 2023)
9201 N 7th ave, Phoenix AZ 85021
Principal officer (990-N for 2023)
Caroline Lobo, 32 E Foothill Drive, Phoenix AZ 85020
Signed the 990-EZ
CAROLINE LOBO, PRESIDENT
Phone
(602) 677-3141
Return prepared by
SECHLER MORGAN CPAS PLLC

Mission

Revitalize Hatcher Rd east of 19th Ave to Creek Rd

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Our organization hosts monthly business mixers and meetings that bring together local business owners, residents, and allied organizations to connect, collaborate, and stay informed on key issues impacting the community.
    Expenses $27,358 · grants $1,350
  • Each year, we also organize the Holiday Market Parade--a vibrant celebration that revitalizes the business corridor, highlights local talent, and fosters community spirit.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
85-1123233
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$31,088
Income (IRS master file)
$42,536

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$41,236$30,688$31,088XML
990-N for 2023
Officer: Caroline Lobo
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: Caroline Lobo
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Caroline Lobo
December 31, 2020≤ $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 85-1123233).

Questions about HATCHER URBAN BUSINESSES

What is the EIN of HATCHER URBAN BUSINESSES?
The employer identification number (EIN) of HATCHER URBAN BUSINESSES is 85-1123233.
Is HATCHER URBAN BUSINESSES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to HATCHER URBAN BUSINESSES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HATCHER URBAN BUSINESSES file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of HATCHER URBAN BUSINESSES 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 HATCHER URBAN BUSINESSES last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of HATCHER URBAN BUSINESSES?
The 990-N for 2023 names Caroline Lobo.
Who are the officers and directors of HATCHER URBAN BUSINESSES?
The 990-EZ for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does HATCHER URBAN BUSINESSES have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $41,236, expenses of $30,688 and total assets of $31,088 at year end.

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