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Cincinnati Union Cooperative Initiative

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453914880 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

Overview

What is Cincinnati Union Cooperative Initiative?

Cincinnati Union Cooperative Initiative is a nonprofit organization dedicated to fostering cooperative development, particularly among Black-led teams and refugee communities. Through courses such as Power in Numbers and Agricultural Co-op U for Refugees, they empower individuals to launch successful co-op businesses. In response to racial and economic inequality, they have supported six Black-led co-op businesses and guided two teams in developing business plans for a grocery store and a nightclub. Additionally, they offer assistance and mentoring to established co-ops, including Queen Mother's Market, Hopes Fulfilled Farm 2 Table, A Touch of TLC Home Care, and Body by Bodji. The organization also provides co-op training for refugee communities, cultivating future cooperative business leaders. With a focus on worker-owned businesses, Cincinnati Union Cooperative Initiative aims to create an economy that benefits all families.


Official website here: www.cincinnatiunioncoop.org

Is Cincinnati Union Cooperative Initiative legitimate?

Cincinnati Union Cooperative Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cincinnati Union Cooperative Initiative submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $170,663

For more financial information, click here


Official website here: www.cincinnatiunioncoop.org

What is the mission statement of Cincinnati Union Cooperative Initiative?

The Cincinnati Union Cooperative Initiative collaborates with individuals and other organizations to develop worker-owned businesses. These businesses aim to provide family-sustaining jobs and contribute to an economy that benefits all. The initiative's mission is accomplished through various programs, such as Power in Numbers and Agricultural Co-op U for Refugees, which equip teams with the skills to launch successful cooperative businesses. In response to racial and economic inequality, the initiative has supported co-op entrepreneurs of color, guiding teams in developing business plans and offering continued assistance. They have aided in the development and growth of several black-led cooperative businesses, including a full-service grocery store and a nightclub serving LGBTQ clients. The initiative also provides co-op training to refugee communities, cultivating future cooperative business leaders.


Official website here: www.cincinnatiunioncoop.org

Who is the CEO of Cincinnati Union Cooperative Initiative?

Kristen Barker is the Chair of Cincinnati Union Cooperative Initiative.


Official website here: www.cincinnatiunioncoop.org

What is the revenue of Cincinnati Union Cooperative Initiative?

Cincinnati Union Cooperative Initiative's revenue in 2022 was $570,465.


Official website here: www.cincinnatiunioncoop.org

Who are the executives of Cincinnati Union Cooperative Initiative and what are their salaries?

The average compensation at Cincinnati Union Cooperative Initiative during 2022 was $26,424. There are 11 employees at Cincinnati Union Cooperative Initiative.

Here are 11 key members and their salaries:

    Kristen Barker (Co-Founder/E) [Trustee/Director]
  • Compensation: $60,000
  • Related: $0
  • Other: $0

    • Ellen Vera (Co-Founder/D) [Trustee/Director]
  • Compensation: $60,000
  • Related: $0
  • Other: $0

    • Katy Heins (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Flequer Vera (Co-Founder/V) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Griffin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tyree Fields (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Amadon (Founding Mem) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zahki Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jamie Love (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Mclean (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clement Tsao (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cincinnatiunioncoop.org

    Where can I find the form 990 for Cincinnati Union Cooperative Initiative?

    The Cincinnati Union Cooperative Initiative’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cincinnatiunioncoop.org

    Learn more at the official website: www.cincinnatiunioncoop.org

    Mission Statement of Cincinnati Union Cooperative Initiative

    The Cincinnati Union Cooperative Initiative partners with individuals and other organizations to develop worker-owned businesses that provide family-sustaining jobs, aiming to establish an economy that works for all. This nonprofit organization focuses on empowering marginalized communities, particularly Black-led teams and refugee populations, through educational programs.

    One of their primary initiatives is Power in Numbers, a course designed to enable Black-led teams to launch successful cooperative businesses. Additionally, they offer Agricultural Co-op U for Refugees, a program that cultivates cooperative business leaders among refugee communities. During the COVID-19 crisis, they continued their support for entrepreneurs of color by offering a second Power in Numbers course and planning a third one. Through these initiatives, the Cincinnati Union Cooperative Initiative has supported the development and growth of six Black-led cooperative businesses.

    The organization also provides training and mentoring to cooperative businesses that have graduated from their first course, such as Queen Mother's Market, Hopes Fulfilled Farm 2 Table, A Touch of TLC Home Care, and Body by Bodji. Furthermore, they offer RAPP Agriculture and Co-op Development courses for refugees, educating them about farming and cooperative business. Their goal is to foster a new generation of cooperative business leaders within these communities.

    Impact

    This information is meant to be a general summary of Cincinnati Union Cooperative Initiative. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    The Cincinnati Union Cooperative Initiative has made a significant impact by partnering with individuals and organizations to develop worker-owned businesses that provide family-sustaining jobs and contribute to creating an economy that works for everyone. Specifically, they have supported the development and growth of six black-led co-op businesses, guided two black teams in refining co-op business plans, and continued to provide assistance and mentoring to co-op businesses that have graduated from their courses.

    Furthermore, the initiative has provided co-op training through their agriculture and co-op development courses for refugees, working with cohorts of refugee high school students to educate them about farming and cooperative business. They have also produced instructional videos on co-op business development principles and have helped 43 refugees develop farming and cooperative business skills.

    Overall, the Cincinnati Union Cooperative Initiative's impact is evident in the tangible support and resources they have provided to marginalized communities, helping them establish sustainable businesses and empowering them to succeed in the economy.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $142
  • Program Service Revenue: $8,462
  • Gross Receipts: $570,465

    • Assets and Liabilities:
  • Total Assets: $258,367
  • Total Liabilities: $2,174
  • Net Assets: $256,193
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TECHNICAL ASSISTANCE INCOME

    Revenue

    $7,262

    FISCAL SPONSORSHIP FEE

    Revenue

    $1,200

    Organization Details

    Founding Year

    2011

    Principal Officer

    Kristen Barker

    Main Address

    215 EAST 14TH STREET, CINCINNATI, OH, 45202

    NTEE Category

    Code: V37 - Social research

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