Cincinnati Union Cooperative Initiative is located in Cincinnati, OH. The organization was established in 2013. According to its NTEE Classification (V37) the organization is classified as: Labor Studies, under the broad grouping of Social Science and related organizations. As of 06/2021, Cincinnati Union Cooperative Initiative employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cincinnati Union Cooperative Initiative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Cincinnati Union Cooperative Initiative generated $703.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.7% each year . All expenses for the organization totaled $496.8k during the year ending 06/2021. While expenses have increased by 12.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Cincinnati Union Cooperative Initiative has awarded 15 individual grants totaling $370,660. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CINCINNATI UNION COOPERATIVE INITIATIVE PARTNERS WITH INDIVIDUALS AND OTHER ORGANIZATIONS TO DEVELOP WORKER-OWNED BUSINESSES WHICH PROVIDE FAMILY- SUSTAINING JOBS AND CREATE ECONOMY THAT WORKS FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CO-OP EDUCATION & CULTURE BUILDING. WE FACILITATED WEEKLY TEAM MEETINGS AND RETREATS WITH OUR CO-OP WORKERS AND BOARDS OF THE DIFFERENT CO-OPS THAT WERE A PART OF OUR NETWORK DURING THIS PERIOD, INCREASING BUSINESS, FINANCIAL, AND COMMUNICATION SKILLS. WE HELD 4 SESSIONS OF A 14 WEEK BOOTCAMP CO-OP U FOR NEW CO-OP DEVELOPMENT WHICH LED TO THE FORMATION OF NEW CO-OPS DESCRIBED BELOW. WE TAUGHET A CO-OP 101 COURSE FOR 5 GROUPS IN BATTLE CREEK MI, AS WELL AS A COOPERATIVE ECONOMICS COURSE AT XAVIER. WE SPOKE AT CONFERENCES AND EVENTS AROUND THE COUNTRY VIRTUALLY.
TRANSITIONING BUSINESS TO EMPLOYEE OWNERSHIP. WE SUBSTANTIALLY INCREASED OUR PROGRAMMING FOCUSED ON HELPING RETIRING OWNERS TRANSITION THEIR COMPANIES TO WORKER OWNERSHIP THROUGH THE LUNCH OF THE BUSINESS LEGACY FUND. THIS MULTIMILLION DOLLAR FUND AND PROGRAM WAS LAUNCHED IN PARTNERSHIP WITH SEED COMMONS FINANCIAL COOPERATIVE. TWELVE COMPANIES APPLIED FOR THE PROGRAM; 6 OF THESE COMPANIES WITH 110 WORKERS WERE ACCEPTED AND EMBARKED UPON A 6 MONTH EDUCATION AND EXPLORATION PROCESS TO DISCERN WHETHER SELLING TO THEIR EMPLOYEES WAS A VIABLE OPTION THAT MET BOTH THE OWNER'S AND WORKER'S GOALS. THIS PROGRAMMING ENTAILED BIMONTHLY COACHING, FINANCIAL LITERACY ON THE VALUE OF THEIR BUSINESS AND THREE COHORT WEBINARS ON THE BASICS OF TRANSITIONING TO WORKER OWNERSHIP. OF THESE 6 COMPANIES, ONE, SHINE NURTURE CENTER, A CHILD CARE CENTER WITH 12 WORKERS IS TRANSITIONING TO WORK OWNERSHIP IN 2021.
LAUNCH OF POWER IN NUMBERS & NEW CO-OPS. IN RESPONSE TO THE RACIALLY EXACERBATED EFFECTS OF THE COVID-19 CRISIS AND THE UPRISINGS, CO-OP CINCY DOUBLED DOWN ON OUR ABILITY TO SUPPORT MORE CO-OP ENTREPRENEURS OF COLOR IN LAUNCHING WORKER-OWNED BUSINESSES BY CODIFYING OUR THREE-MONTH CO-OP DEVELOPMENT COURSE; INFUSING IT WITH RACIAL JUSTICE EDUCATION AND CO-OP HISTORY; HIRING A NEW RACIAL JUSTICE EDUCATOR, CYNTHIA PINCHBACK-HINES; AND LAUNCHING A NEW BIPOC FOCUSED CO-OP DEVELOPMENT COURSE CALLED POWER IN NUMBERS; BLACK CO-OP U. FIVE BLACK-OWNED BUSINESSES COMPLETED PIN WITH A TOTAL OF 17 WORKER-OWNERS IN BUSINESSES. THESE FIVE DIVERSE BUSINESSES INCLUDE HOPES FULFILLED FARM TO TABLE, A FOOD TRUCK AND EDUCATION LABORATORY THAT ADDRESSED THE NEED FOR HEALTHY FOOD CHOICES IN THE EVANSTON COMMUNITY. QUEEN MOTHER'S MARKET, ANOTHER SOLUTION TO FOOD INSECURITY, IS PARNERING WITH A REGIONAL BUYER'S CLUB TO INCREASE PURCHASING POWER THROUGH COLLECTIVE COOPERATION. T-SHIRTS & APPAREL UNLIMITED IS A FAITH-BASED ENTERPRISE CREATED TO HELP PEOPLE AND PROVIDE JOBS. A TOUCH OF TLC HOME HEALTHCARE ADDRESSES A GROWING EMAND FOR SKILLED CAREGIVERS IN CINCINNATI, AS FAMILIES OF AN AGIN POPULATION CHOOSE HOME CARE OVER NURSING HOMES. FINALLY, BODY BY BODJI MANUFACTURERS SWIMSUITS THAT CAN BE WORN 12 WAYS. IT FITS WOMEN OF ALL SHAPES AND SIZES, THEREBY ELIMINATING BODY SHAMING AND BUILDING SELF-CONFIDENCE. ALSO, MASSAGE FOR THE PEOPLE WAS ANOTHER NEW CO- OP THAT LAUNCHED THIS YEAR THAT WE SUPPORTED IN ADDITION TO THE POWER IN NUMBERS CO-OPS.
CHILD CARE NATIONAL CO-OP U & SWAHILI SPEAKING CO-OP U. ADDITIONAL CO-OP CINCY CONDUCTED THIS YEAR INCLUDED A BILINGUAL (SPANISH/ENGLISH) CHILDCARE FOCUSED COHORT WITH GROUPS IN SANTA ANA, CA, JACKSON, MS AND SPRINGFIELD, MA AND A SWAHILI SPEAKING COHORT THROUGH OUR AGRICULTURE AND CO-OP DEVELOPMENT COURSE WITH REFUGEES. THE RESULTS OF THE CHILD CARE COHORT INCLUDED SERVING OVER 30 INDIVIDUALS FROM ALL 4 CITIES. THROUGH THE COURSE, EACH TEAM COMPLETED A DEEP ASSESSMENT OF THEIR CHILD CARE MARKET AND COMMUNITY NEEDS, CHOSE A CHILD CARE MODEL, CREATED AND TESTED THIS MODEL, DEVELOPED A BUSINESS PLAN TO LAUNCH THEIR CHILD CARE BUSINESS. ALL FOUR CITIES ARE CURRENTLY IN THE MIDST OF LAUNCHING NEW CHILD CARE CO-OPS AS A RESULT AND WE CONTINUE TO SHARE INFORMATION, TEMPLATES AND BEST PRACTICES. THROUGH THE REFUGEE AGRICULTURE PARTNERSHIPS PROGRAM SERVING THE SWAHILI SPEAKING CINCINNATI REFUGEE COMMUNITY, WE SERVED 14 INDIVIDUALS FROM CENTRAL AND EAST AFRICA, 2/3 OF WHOM WERE WOMEN AND 1/3 OF WHOM WERE STUDENTS AT THE LOCAL HIGH SCHOOL AIKEN. THEY SPENDT THEIR FIRST THREE MONTHS LEARNING AGRICULTURAL SKILLS AT THE OUR HARVEST FARM WITH CO-OP CINCY PROVIDING WEEKLY PSYCHOSOCIAL SUPPORT AND THEN TRANSITIONED TO 3 MONTHS OF CO-OP DEVELOPMENT INSTRUCTION. THIS BEGAN WITH A FOUNDATIONAL UNDERSTANDING OF CO-OPS, THEN WE STARTED TO ASSESS THE SKILLS, INTERESTS, AND ABILITIES THEY THOUGHT THEY COULD HARNESS TO CREATE STRONG COOPERATIVE BUSINESSES. THE PARTICIPANTS IDENTIFIED COOKING AND EVENT PLANNING AS THE SKILLS THEY WANTED TO BUILD UPON TO FORM A COOPERATIVE BUSINESS AND HAVE BEEN WORKING DILIGENTLY TO LAUNCH AN EAST AFRICAN RESTAURANT AND EVENT PLANNING CO-OP. OWN. CO-OP CINCY, ALONGSIDE PARTNERS CO-OP DAYTON AND THE OHIO EMPLOYEE OWNERSHIP CENTER CAME TOGETHER TO FORM A STATEWIDE WORKER COOPERATIVE NETWORK, CALLED THE OHIO WORKER-OWNERSHIP NETWORK AND DEVELOPED THE FOUNDING PRINCIPLES, NETWORK AGREEMENT. AFTER ESTABLISHING THESE FOUNDATION DOCUMENTS WE PROCEEDED TO RECRUIT 7 ADDITIONAL CO-OP DEVELOPERS INTO THE NETWORK INCLUDING CENTER FOR THE CREATION OF COOPERATION (ATHENS), CLEVELAND OWNS (CLEVELAND), CO-OP COLUMBUS (COLUMBUS), EVERGREEN COOPERATIVES (CLEVELAND), JUNCTION ECONOMIC TRANSFORMATION CENTER (TOLEDO- OCIE IRONS), OCDC/CENTER FOR COOPERATIVES (PIKETON) AND CO-OP NELSONVILLE. THROUGH THIS NETWORK WE ALSO SHARED RESOURCES, BEST PRACTICES, TEMPLATES AND PROVIDED TECHNICAL ASSISTANCE TO ONE ANOTHER. THE PARTNERS CREATED A JOINT GOOGLE DRIVE WHERE RESOURCES AND TEMPLATES FROM EACH ORGANIZATION HAVE BEEN STORED, WE HELD MONTHLY EDUCATIONAL WEBINARS AND STUDY GROUPS TO INCREASE CAPACITY AND DO SKILL BUILDING AMONGST THE PARTNERS ON HOW TO CONVERT EXISTING BUSINESSES (OEOC)AND BUILD CO-OP CULTURE (CO-OP CINCY), THE CO-OP CINCY WORKER OWNER WORKBOOK CURRICULUM WAS UPDATED AND TRANSLATED INTO SPANISH, SUBSTANTIAL TECHNICAL ASSISTANCE (BY OEOC) WAS PROVIDED TO SUPPORT THE TRANSITION OF EXISTING BUSINESSES TO WORKER OWNERSHIP (6 IN CINCINNATI AND 4 IN DAYTON) AND SIGNIFICANT PROGRESS WAS ALSO MADE ON CREATING LEGAL TOOLS AND TEMPLATES FOR THE MAIN INCORPORATION DOCUMENTS FOR STARTING NEW CO-OPS FOR ALL TO USE (CO-OP DAYTON).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ellen Vera Co-Founder/d | OfficerTrustee | 40 | $60,006 |
Kristen Barker Co-Founder/e | OfficerTrustee | 55 | $55,613 |
Katy Heins Chair | OfficerTrustee | 2 | $0 |
Flequer Vera Co-Founder/v | OfficerTrustee | 2 | $0 |
Tika Adhari Trustee | Trustee | 1.5 | $0 |
Tyree Fields Trustee | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $34,373 |
All other contributions, gifts, grants, and similar amounts not included above | $580,472 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $614,845 |
Total Program Service Revenue | $66,290 |
Investment income | $6,721 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $15,164 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $703,020 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $153,060 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $115,619 |
Compensation of current officers, directors, key employees. | $8,342 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $112,373 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $25,998 |
Payroll taxes | $18,958 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,684 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $4,410 |
Office expenses | $5,891 |
Information technology | $4,002 |
Royalties | $0 |
Occupancy | $9,750 |
Travel | $1,320 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,214 |
All other expenses | $0 |
Total functional expenses | $496,769 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $359,854 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $359,854 |
Accounts payable and accrued expenses | $5,473 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $5,473 |
Net assets without donor restrictions | $160,636 |
Net assets with donor restrictions | $193,745 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $359,854 |
Over the last fiscal year, Cincinnati Union Cooperative Initiative has awarded $153,060 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
OUR HARVEST COOPERATIVE PURPOSE: FISCAL SPONSORSHIP | $33,988 |
CARESHARE COOPERATIVE PURPOSE: FISCAL SPONSORSHIP | $31,862 |
Jackson, MS PURPOSE: GRANT PARTNERHSIP | $27,000 |
Indian Orchard, MA PURPOSE: GRANT PARTNERSHIP | $27,000 |
Nashville, TN PURPOSE: FISCAL SPONSORSHIP | $14,550 |
COOPERACION SANTA ANA PURPOSE: GRANT PARTNERSHIP | $11,000 |
Over the last fiscal year, we have identified 5 grants that Cincinnati Union Cooperative Initiative has recieved totaling $303,240.
Awarding Organization | Amount |
---|---|
Organization Name not Listed PURPOSE: COOPERATIVE DEVELOPMENT | | $97,500 |
Carol Ann And Ralph V Haile Jr Foundation Cincinnati, OH PURPOSE: NEW PARADIGM VENTURES PARTNERSHIP | $80,000 |
Greater Cincinnati Foundation Cincinnati, OH PURPOSE: GENERAL PURPOSE | $65,740 |
Capital Impact Partners Arlington, VA PURPOSE: 2021 COOP INNOVATION AWARDEES | $35,000 |
United Way Of Greater Cincinnati Cincinnati, OH PURPOSE: Program Operating Cost | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
Global Poverty Project Inc New York, NY | $26,229,156 | $91,596,868 |
Mercatus Center Inc Arlington, VA | $43,899,623 | $50,106,510 |
Human Resources Research Organization Alexandria, VA | $49,647,331 | $46,547,279 |
Alzheimers Drug Discovery Foundation New York, NY | $116,420,075 | $53,037,104 |
Atlas Economic Research Foundation Arlington, VA | $16,820,562 | $19,446,645 |
African Population Health & Research Center Inc Rockville, MD | $31,767,222 | $22,719,111 |
Behavioral Ideas Lab Inc New York, NY | $32,612,042 | $18,817,686 |
Social Science Research Council Brooklyn, NY | $62,507,345 | $18,832,970 |
Cpwr The Center For Construction Research And Training Silver Spring, MD | $10,704,322 | $15,767,694 |
Institute For Operations Research And The Management Sciences Catonsville, MD | $26,434,538 | $15,117,457 |
American Economic Association Inc Nashville, TN | $56,285,303 | $13,278,131 |
Just Capital Foundation Inc New York, NY | $4,314,649 | $11,131,024 |