Nonprofit · EIN 99-5144915
UNION HERITAGE EARLY STAGE FUND
Tax-exempt · DETROIT, MI 48216
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $0 | $38,180 | -$38,180 | $592,020 | $630,200 | -$38,180 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- 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
- Legal fees
- $8,180
- Occupancy
- $1,058
- Management and general (functional)
- $38,180
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $592,020
- Total liabilities, end of year
- $630,200
- Net assets, end of year
- -$38,180
- Net assets without donor restrictions
- -$38,180
- Gross receipts
- $0
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2023
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEREK BATTS | PRESIDENT, C.E.O., AND TREASURER Trustee or director, Officer | 1 | $0 |
| NIA BATTS | SECRETARY Trustee or director, Officer | 1 | $0 |
| SOPHIA BUSH | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2050 15TH STREET 3RD FLOOR, DETROIT, MI 48216-1879
- Principal officer (990 for 2024)
- DEREK BATTS, 2050 15TH STREET 3RD FLOOR, DETROIT, MI 482161879
- Signed the 990
- DEREK BATTS, PRESIDENT AND C.E.O.
- Phone
- (313) 300-0207
- Website
- WWW.UNIONHERITAGE.COM
- Return prepared by
- GJC CPA'S & ADVISORS
Mission
THE ORGANIZATION'S MISSION IS TO ENCOURAGE, PROMOTE, AND SUPPORT EARLY-STAGE, HIGH-GROWTH COMPANIES AND ENTREPRENEURS WHO ARE DEVELOPING SOLUTIONS THAT SERVE HISTORICALLY UNDERSERVED COMMUNITIES. THE ORGANIZATION FOSTERS ECONOMIC GROWTH BY PROVIDING CATALYTIC INVESTMENT, AS WELL AS PRE-INVESTMENT AND POST-INVESTMENT SUPPORT.
Program accomplishments
- ENTREPRENEUR INVESTMENT - THE ORGANIZATION PROVIDED DIRECT INVESTMENT TO TWO EARLY-STAGE FOUNDERS. THESE INVESTMENTS WERE DESIGNED TO CATALYZE GROWTH, ATTRACT ADDITIONAL PRIVATE CAPITAL, AND PROMOTE INCLUSIVE ECONOMIC DEVELOPMENT. THROUGH THESE EFFORTS, THE ORGANIZATION ADVANCED ITS MISSION TO SUPPORT HIGH-GROWTH ENTREPRENEURS WHO CREATE MEASURABLE COMMUNITY IMPACT.
- ENTREPRENEUR SUPPORT AND CAPACITY BUILDING - THE ORGANIZATION OFFERED PRE-INVESTMENT SUPPORT TO PORTFOLIO COMPANIES, INCLUDING MARKETING, BRANDING, AND FUNDRAISING PLAN DISCUSSIONS. THESE ACTIVITIES STRENGTHENED THE STRATEGIC CAPACITY OF THE SUPPORTED COMPANIES, POSITIONING THEM FOR GROWTH.
- ECOSYSTEM AND PIPELINE DEVELOPMENT - THE ORGANIZATION ACTIVELY WORKED TO DEVELOP A ROBUST ECOSYSTEM PIPELINE OF FOUNDERS BY PARTICIPATING IN ECOSYSTEM ENGAGEMENT ACTIVITIES, PROVIDING FEEDBACK TO ENTREPRENEURS, AND COLLABORATING WITH ECOSYSTEM SUPPORT ORGANIZATIONS. THESE EFFORTS WILL HELP IDENTIFY EARLY-STAGE ENTREPRENEURS, FOSTER COLLABORATION AMONG LOCAL STAKEHOLDERS, AND ENHANCE VISIBILITY OF INVESTMENT OPPORTUNITIES THAT ALIGN WITH THE ORGANIZATION'S MISSION.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-5144915
- 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
- 2025
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $592,020
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $0 | $38,180 | $592,020 | XML |
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 99-5144915).
Questions about UNION HERITAGE EARLY STAGE FUND
- What is the EIN of UNION HERITAGE EARLY STAGE FUND?
- The employer identification number (EIN) of UNION HERITAGE EARLY STAGE FUND is 99-5144915.
- Is UNION HERITAGE EARLY STAGE FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to UNION HERITAGE EARLY STAGE FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNION HERITAGE EARLY STAGE FUND file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of UNION HERITAGE EARLY STAGE FUND 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 UNION HERITAGE EARLY STAGE FUND 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 UNION HERITAGE EARLY STAGE FUND?
- The 990 for the year ended December 31, 2024 names DEREK BATTS.
- Who are the officers and directors of UNION HERITAGE EARLY STAGE FUND?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does UNION HERITAGE EARLY STAGE FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $0, expenses of $38,180 and total assets of $592,020 at year end.
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