Greater Dayton Union Cooperative Initiative Inc

Organization Overview

Greater Dayton Union Cooperative Initiative Inc is located in Dayton, OH. The organization was established in 2016. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 04/2023, Greater Dayton Union Cooperative Initiative Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Dayton Union Cooperative Initiative Inc 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 04/2023, Greater Dayton Union Cooperative Initiative Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 36.0% each year . All expenses for the organization totaled $1.8m during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

GREATER DAYTON UNION COOPERATIVE INITIATIVE INC INCUBATES COOPERATIVE BUSINESSES TO CREATE AND RETAIN GOOD JOBS IN OUR REGION, BUILDING A LOCAL ECONOMY THAT WORKS FOR ALL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GDUCI FACILIATED A TRAINING AND BUSINESS ACCELERATOR PROGRAM THAT SERVED UNDERREPRESENTED BUSINESS FOUNDERS IN STARTING COOPERATIVE BUSINESSES.


GDUCI SUPPORTED COOPERATIVES IN DAYTON TO PROVIDE SERVICES TO THE COMMUNITY THAT ARE NOT BEING PROVIDED BY THE PRIVATE MARKET OR GOVERNMENT, INCLUDING FOOD ACCESS, HEALTH AND WELLNESS EDUCATION, TRAUMA INFORMED PERINATAL SUPPORT AND ACCESS TO STEM TOOLS AND TECHNOLOGY.


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Board, Officers & Key Employees

Name (title)Compensation
Carl Kennebrew
Director
$0
Lela Klein
Director
$57,864
Rhine Mclin
Director
$0
Jeffrey Steed
Director
$0
Tim Mislansky
Director
$0
Matthew Currie
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $341,652
All other contributions, gifts, grants, and similar amounts not included above$1,230,723
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,572,375
Total Program Service Revenue$109,000
Investment income $49,630
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,855,039

Grants Awarded

Over the last fiscal year, Greater Dayton Union Cooperative Initiative Inc has awarded $886,637 in support to 4 organizations.

Grant RecipientAmount

GEM CITY MARKET

PURPOSE: COOPERATIVE SUPPORT

$682,000

TRIBE

PURPOSE: COOPERATIVE SUPPORT

$85,082

CLIFTON CRAFT HOUSE CO-OP

PURPOSE: COOPERATIVE SUPPORT

$62,555

FERN HAVEN CONSULTING LLC

PURPOSE: COOPERATIVE SUPPORT

$57,000
View Grant Profile

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