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EIN 31-1595820

Greater Cincinnati Microenterprise Initiative

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Cincinnati
State
Ohio
Year formed
1998
Most recent tax filings
2022-12-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
To promote the development of business and enterprise in low-income neighborhoods by sponsoring and participating in business training, education, small business loans and ongoing support programs in the greater Cincinnati area.
Total revenues
$660,202
2022
Total expenses
$482,861
2022
Total assets
$1,078,109
2022
Num. employees
3
2022

Program areas at Greater Cincinnati Microenterprise Initiative

Job Training & Employment Programs: The Microenterprise Loan Program created and/or retained 20 full and part time jobs and retained over 135 PT/FT jobs with our Loan Portfolio of client as a direct result of lending activities. GCMI also provided 158 clients with Classroom and/or technical assistance, 94 completed our Entrepreneurial Training Academy (ETA). GCMI also provided pandemic related relief grants to 126 Minority Businesses of Color in 2022

Who funds Greater Cincinnati Microenterprise Initiative

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United Way of Greater CincinnatiProgram Operating Cost$90,717
LKC FoundationOperating Support$40,000
United Way of Greater CincinnatiDonor Designated General$1,406

Personnel at Greater Cincinnati Microenterprise Initiative

NameTitleCompensation
Willie HillExecutive Director$86,527
Lisa PfluegerTreasurer$0
della RuckerVice Chairperson$0
Zamaris GeleszinskiPast Treasurer$0
Sheldon KopinChairperson$0
...and 1 more key personnel

Financials for Greater Cincinnati Microenterprise Initiative

RevenuesFYE 12/2022
Total grants, contributions, etc.$388,232
Program services$265,113
Investment income and dividends$6,857
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$660,202

Form 990s for Greater Cincinnati Microenterprise Initiative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122023-02-10990View PDF
2020-122021-08-02990View PDF
2019-122020-09-22990View PDF
2018-122019-10-21990View PDF
...and 9 more Form 990s

Organizations like Greater Cincinnati Microenterprise Initiative

OrganizationLocationRevenue
Adelante Center for EntrepreneurshipWaukegan, IL$250,871
Nashville Entrepreneur Center (EC)Nashville, TN$3,275,516
Center for Community Wealth BuildingDenver, CO$1,068,029
Dekalb County Entrepreneurial CenterRainsville, AL$463,965
Jamestown Regional Entrepreneur CenterJamestown, ND$187,807
Grand Rapids Opportunities for Women (GROW)Grand Rapids, MI$1,075,296
Business Development CentreLynchburg, VA$281,408
Growth FactoryRocklin, CA$431,273
Business Ownership Initiative of IndianaIndianapolis, IN$848,057
Develop AmericaShorewood, WI$742,745
Data update history
January 17, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 17, 2024
Updated personnel
Identified 1 new personnel
January 3, 2024
Used new vendors
Identified 1 new vendor, including
November 27, 2023
Received grants
Identified 3 new grant, including a grant for $90,717 from United Way of Greater Cincinnati
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Business and community development organizationsFamily service centersCharities
Issues
Business and industry
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
1740 Langdon Farm Rd
Cincinnati, OH 45237
Metro area
Cincinnati, OH-KY-IN
County
Hamilton County, OH
Website URL
gcmi.org/ 
Phone
(513) 569-4816
IRS details
EIN
31-1595820
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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