Nonprofit · EIN 87-0495534
UTAH MICROENTERPRISE LOAN FUND
Tax-exempt · S SALT LAKE, UT 84115
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $1,742,892 | $858,590 | $884,302 | $2,350,796 | $1,343,133 | $1,007,663 |
| September 30, 2024 | 990 | $550,159 | $1,142,244 | -$592,085 | $2,697,693 | $2,574,332 | $123,361 |
| September 30, 2023 | 990 | $547,707 | $1,072,992 | -$525,285 | $3,991,904 | $3,276,458 | $715,446 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $714,177
- of which government grants
- $103,288
- Program service revenue
- $176,750
- Investment income
- $846,041
- Net rental income
- $5,924
- Net gain from sales of assets
- $839,139
- Other revenue
- $5,924
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $165,481
- Other salaries and wages
- $323,848
- Salaries, compensation and benefits (total)
- $553,586
- Professional fundraising fees
- $0
- Accounting fees
- $40,775
- Occupancy
- $13,493
- Depreciation
- $3,851
- Program services (functional)
- $399,538
- Management and general (functional)
- $413,615
- Fundraising (functional)
- $45,437
Balance sheet and other
- Total assets, start of year
- $2,697,693
- Total assets, end of year
- $2,350,796
- Total liabilities, end of year
- $1,343,133
- Net assets, end of year
- $1,007,663
- Net assets without donor restrictions
- $677,663
- Net assets with donor restrictions
- $330,000
- Gross receipts
- $1,742,892
- Employees
- 6
- Year formed
- 1991
- State of legal domicile
- UT
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DOUG KEEFE | Executive Dir. Officer | 40 | $134,331 | $27,146 |
| MIKE WEAVER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JACKIE HOBSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RYAN JONES | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| STEVE HANNAY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ERIC MARX | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| SAM ROBERTS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MATT LONGMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN TAUDTE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TODD JONES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SIDNI SHORTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIM HERRIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIM WELCH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT CHRISTENSEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ZACHARY SMITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC BLANCHARD | BOARD MEMBER Trustee or director | 1 | $0 |
| SETH WHEATLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID YOUNG | BOARD MEMBER Trustee or director | 1 | $0 |
| JENNIFER WELDING | BOARD MEMBER Trustee or director | 1 | $0 |
| BALA TRIOLO | BOARD MEMBER Trustee or director | 1 | $0 |
| MATTHEW RENLUND | BOARD MEMBER Trustee or director | 1 | $0 |
| RACHEL HADLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| JUSTIN CROWLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| CARYL ERIKSSON | BOARD MEMBER Trustee or director | 1 | $0 |
| JUSTIN DE JONG | BOARD MEMBER Trustee or director | 1 | $0 |
| ALAN URIE | BOARD MEMBER Trustee or director | 1 | $0 |
| JOEL BEUS | Secretary Trustee or director, Officer | 1 | $0 |
990 for the year ended September 30, 2024: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DOUG KEEFE | Executive Dir. Officer | 40 | $131,612 | $22,143 |
| MIKE WEAVER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LORI FIKE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RYAN JONES | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ERIC MARX | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| SAM ROBERTS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN TAUDTE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TODD JONES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DON POULTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIM HERRIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIM WELCH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT CHRISTENSEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SHEILA SRIVASTAVA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SETH WHEATLEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID YOUNG | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JENNIFER WELDING | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOE EYRE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MATTHEW RENLUND | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BETH COLOSIMO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LIZ HAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CARYL ERIKSSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended September 30, 2023: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DOUG KEEFE | Executive Dir. Officer | 40 | $125,001 | $18,980 |
| LORI FIKE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RYAN JONES | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PHIL MEEKS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ERIC MARX | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| SAM ROBERTS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DOUG LUND | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN TAUDTE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TODD JONES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DON POULTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIM HERRIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JIM WELCH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT CHRISTENSEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SHEILA SRIVASTAVA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MIKE WEAVER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SETH WHEATLEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAVID YOUNG | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JENNIFER WELDING | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOE EYRE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MATTHEW RENLUND | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BETH COLOSIMO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LIZ HAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRIS ANDERSON | ASST SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 154 E FORD AVE STE A, S SALT LAKE, UT 84115-4933
- In care of
- % DANIELLE LOWER EXEC DIR
- Principal officer (990 for 2024)
- DOUG KEEFE, 154 EAST FORD AVENUE STE A, SALT LAKE CITY, UT 84115
- Signed the 990
- DOUG KEEFE, Executive Director
- Phone
- (801) 746-1180
- Website
- WWW.UMLF.COM
- Return prepared by
- Carver Florek & James LLC
Mission
PROVIDE FUNDING AND MANAGEMENT ASSISTANCE TO NEW AND EXISTING BUSINESSES THAT ARE NOT ABLE TO ACCESS TRADITIONAL SOURCES OF FUNDING; INCLUDING THOSE WHO ARE MEMBERS OF THE LOW/MODERATE INCOME COMMUNITY.
Program accomplishments
- LOANS MADE UP TO $50,000 TO FINANCIALLY AND/OR SOCIALLY DISADVANTAGED INDIVIDUALS WHO WILL START OR EXPAND A SMALL BUSINESS AND HAVE INSUFFICIENT RESOURCES TO DO SO. DURING THE FISCAL YEAR, 20 LOANS WERE MADE TOTALLING $215,233.45.Expenses $399,538 · revenue $176,750
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 87-0495534
- 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
- 1992
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W60Z)
- Assets (IRS master file)
- $2,350,796
- Income (IRS master file)
- $1,742,892
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $1,742,892 | $858,590 | $2,350,796 | XML |
| 990 | September 2024 | $550,159 | $1,142,244 | $2,697,693 | XML |
| 990 | September 2023 | $547,707 | $1,072,992 | $3,991,904 | XML |
| 990 | September 2022 | $784,855 | $957,050 | $4,809,581 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | 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 87-0495534).
Questions about UTAH MICROENTERPRISE LOAN FUND
- What is the EIN of UTAH MICROENTERPRISE LOAN FUND?
- The employer identification number (EIN) of UTAH MICROENTERPRISE LOAN FUND is 87-0495534.
- Is UTAH MICROENTERPRISE LOAN FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to UTAH MICROENTERPRISE LOAN FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UTAH MICROENTERPRISE LOAN FUND 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 UTAH MICROENTERPRISE LOAN FUND due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UTAH MICROENTERPRISE LOAN FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of UTAH MICROENTERPRISE LOAN FUND?
- The 990 for the year ended September 30, 2025 names DOUG KEEFE.
- Who are the officers and directors of UTAH MICROENTERPRISE LOAN FUND?
- The 990 for the year ended September 30, 2025 lists 27 people; 1 received compensation from the organization, the highest $134,331 (DOUG KEEFE, Executive Dir.).
- How much revenue does UTAH MICROENTERPRISE LOAN FUND have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $1,742,892, expenses of $858,590 and total assets of $2,350,796 at year end.
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