West Michigan Global Initiative in Grand Rapids, Michigan (MI)

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West Michigan Global Initiative
Employer Identification Number (EIN)460705935
Name of OrganizationWest Michigan Global Initiative
In Care of NamePaulus Heule Treasurer
Address231 Fulton St W, Grand Rapids, MI 49503-2668
SubsectionBoard of Trade
Ruling Date06/2013
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$13,956
Amount of Income$27,500
Form 990 Revenue Amount$27,500
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Management Services for Small Business, Entrepreneurs


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Amount of income in 2013: $27,500 (it was $111,275 in 2012)
West Michigan Global Initiative: 

 $27,500
Other organizations performing similar types of work: 

 $127,010

Assets in 2013: $13,956 (it was $21,481 in 2012)
This organization: 

 $13,956
Other organizations performing similar types of work: 

 $83,317

Expenses in 2013: $35,025
This organization: 

 $35,025
Other organizations performing similar types of work: 

 $154,560

Income to expenses ratio in 2013: 0.8
This organization: 

 0.8
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2013: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 40.6%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20122013
Total revenue$111,275$27,500
Contributions, gifts, grants, and similar amounts received$111,275$27,500
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$0$0
Investment income$0$0
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$0$0
Other revenue$0$0
Total expenses$89,794$35,025
Total net assets$21,481$13,956
Excess/Deficit for the year$21,481$-7,525
Net assets or fund balances at beginning of year$0$21,481
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$21,481$13,956
Balance Sheets
20122013
Total assets$21,481$13,956
Total liabilities$0$0
Net assets or fund balances$21,481$13,956
Other Information
20122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0
Gross receipts for public use of club facilities$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Detroit Development Fund277 Gratiot No 3rd Fl, Detroit, MI 48226-2239MI1997-03$1,291,498
2Craft3 Investment I LlcPO BOX 826, Ilwaco, WA 98624-0826WA1995-07$18,154,406
3Masschallenge21 Dry Dock Ave 6th Flr, Boston, MA 02210-2384MA2010-04$4,959,384
4Small Business Majority Foundation Inc4000 Bridgeway Ste 101, Sausalito, CA 94965-1444CA2010-11$4,935,336
5Western North Carolina Regional Economic Development Non-Profit Co134 Wright Brothers Way, Fletcher, NC 28732-7808NC1996-02$2,225,305
6Enterprise Group Community Ventures CorporationOne Jackson Square, Jackson, MI 49201-1457MI1984-08$725,352
7International Union United Auto Aerospace & Agricultural WorkersPo Box 356, Chelsea, MI 48118MI1941-06$327,167
8International Detroit Black Expo Inc65 Cadillac Sq Ste 2200, Detroit, MI 48226-2869MI2005-01$252,932
9Northern Shores Loan Fund Inc1131 W Conway Rd Ste A, Harbor Springs, MI 49740-9684MI2008-09$81,672
10Black Women Contracting Association Inc1274 Library St Ste 600, Detroit, MI 48226-2283MI2002-10$32,082
11West Michigan Global Initiative231 Fulton St W, Grand Rapids, MI 49503-2668MI2013-06$27,500
12Kent Area Microbusiness Loan Service25 Sheldon, Grand Rapids, MI 49503MI2000-12$21,605
13Automation Alley Education And Research Institute2675 Bellingham Dr, Troy, MI 48083-2044MI2005-07$7
14H O P E-Helping Others Perfect EntrepreneurshipPo Box 38231, Detroit, MI 48238MI2006-12$0
15Headspring Group IncPO BOX 19366, Kalamazoo, MI 49019MI2010-05$0
16International Center For Enterpreneurial Excellence818 Butterworth St Sw, Grand Rapids, MI 49504-6254MI2014-08$0
17Local Union No 1284 Uaw Building Corporation2975 S M-52 Hwy, Chelsea, MI 48118MI2000-01$0
18Michigan Tech Entrepreneurial Support Corporation1400 Townsend Drive, Houghton, MI 49931MI2011-06$0
19The S Ross Foundation IncPO BOX 250520, Franklin, MI 48025-0520MI2009-03$0
20West Michigan Minority Contractors Association CorpPO BOX 630, Ada, MI 49301-0630MI2003-04$0
Number of organizations performing similar types of work
Alaska2
Alabama5
Arkansas4
Arizona10
California76
Colorado14
Connecticut7
District of Columbia7
Florida26
Georgia20
Hawaii5
Iowa8
Idaho3
Illinois22
Indiana11
Kansas3
Kentucky5
Louisiana6
Massachusetts18
Maryland19
Maine3
Michigan16
Minnesota8
Missouri13
Mississippi6
Montana3
North Carolina18
North Dakota1
Nebraska5
New Jersey6
New Mexico5
Nevada4
New York26
Ohio16
Oklahoma5
Oregon5
Pennsylvania12
Rhode Island1
South Carolina12
South Dakota4
Tennessee10
Texas27
Utah1
Virginia14
Vermont2
Washington10
Wisconsin8
West Virginia3
Wyoming1
International2
Total518

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