EIN 32-0468156

Community Economic Advancement Initiative

Name: Community Economic Advancement Initiative financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Cincinnati

State

Ohio

Year formed

2015

Most recent tax filings

2023-12-01

NTEE code, primary

S31: Urban, Community Economic Development

Description

Community Economic Advancement Initiative supports social, economic and cultural development in Cincinnati's African-American community through job creation and affordable housing.

Total revenues

$358,840

2023

Total expenses

$301,060

2023

Total assets

$701,622

2023

Num. employees

2023

Program areas at Community Economic Advancement Initiative

Closed out activities with Brothers in Motion Program. Continued to utilize donations to build the Bond Hill Market

Grants made by Community Economic Advancement Initiative

Grantee	Grant description	Grant year	Amount
CEAI Equity Fund	Economic Development	2022-12	$25,000

Who funds Community Economic Advancement Initiative

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
The Greater Cincinnati Foundation	2022-12	General Purpose	$40,000
United Way of Greater Cincinnati	2022-12	Program Operating Cost	$15,000
First Financial Foundation	2023-12	Funding for A 4 Year Forgivable Loan To Address A Food Desert in the Bond Hill & Roselawn Communities	$10,000

Personnel at Community Economic Advancement Initiative

Name	Title	Compensation	Date of data
Eugene Ellington	Mr	$100,000	2024-04-11
Damon Lynch, Iii	Chair	$0	2024-04-10
Kz Smith	Secretary	$0	2024-04-10
Larry Burnett	Past Treasurer	$0	2023-12-31
Iris Roley	Board Chair and Ownerrosho Awards and Graphics 2206	$0	2022-06-19
...and 3 more key personnel

Financials for Community Economic Advancement Initiative

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$192,634	$21,385	800.8%
Program services	$166,206	$160,488	3.6%
Investment income and dividends	$0	$0	-
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$110,039	-100%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$358,840	$291,912	22.9%

Form 990s for Community Economic Advancement Initiative

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-04-11	990	View PDF
2022-12	2023-10-14	990	View PDF
2021-12	2022-05-27	990	View PDF
2019-12	2021-03-31	990	View PDF
2018-12	2019-10-09	990	View PDF
...and 1 more Form 990

Organizations like Community Economic Advancement Initiative

Organization	Type	Location	Revenue
E-Center / Decatur-Morgan County Entrepreneurial Center Inc	501(c)(3)	Decatur, AL	$1,014,855
Taproot Collective	501(c)(3)	Rochester, NY	$183,502
Innovation Works	501(c)(3)	Baltimore, MD	$1,417,211
Growing High Point	501(c)(3)	High Point, NC	$353,030
Omicelo Cares	501(c)(3)	Pittsburgh, PA	$582,509
Urban Business Support	501(c)(3)	Puyallup, WA	$151,929
Maiden Rosenwald Community Dev	501(c)(3)	Maiden, NC	$373,789
Community Sustainability Enterprise	501(c)(3)	Lawrenceville, GA	$161,800
Rural Community Development Resources	501(c)(3)	Yakima, WA	$500,419
Urban Neighborhood Initiative	501(c)(3)	Kansas City, MO	$1,579,197

Data update history

July 13, 2024

Received grants

Identified 1 new grant, including a grant for $10,000 from First Financial Foundation

May 23, 2024

Posted financials

Added Form 990 for fiscal year 2023

May 18, 2024

Used new vendors

Identified 1 new vendor, including

December 27, 2023

Received grants

Identified 1 new grant, including a grant for $40,000 from The Greater Cincinnati Foundation

December 5, 2023

Posted financials

Added Form 990 for fiscal year 2022

Nonprofit Types

Business and community development organizationsFamily service centersCharities

Issues

Human servicesCommunity improvementCrime and lawEconomic development

Characteristics

Partially liquidatedState / local levelManagement and technical assistanceTax deductible donationsAccepts online donations

General information

Address: 1237 California Ave; Cincinnati, OH 45237
Metro area: Cincinnati, OH-KY-IN
County: Hamilton County, OH
Website URL: ceaicincy.org/
Phone: (513) 429-2158

IRS details

EIN: 32-0468156
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 2015
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: S31: Urban, Community Economic Development
NAICS code, primary: 624190: Individual and Family Services
Parent/child status: Independent

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Community Economic Advancement Initiative

Program areas at Community Economic Advancement Initiative

Grants made by Community Economic Advancement Initiative

Who funds Community Economic Advancement Initiative

Personnel at Community Economic Advancement Initiative

Financials for Community Economic Advancement Initiative

Form 990s for Community Economic Advancement Initiative

Organizations like Community Economic Advancement Initiative

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