NonprofitsGrand Rapids Opportunities For Women

Grand Rapids Opportunities For Women

GRAND RAPIDS, MI

Total revenue

$1.4M

Total expenses

$928K

Net assets

$2.4M

Grants received

$1.0M

20 grants

EIN

382886028

Tax year

2024

Mission

Grow commits to a future where small business ownership can be realized as a pathway to wealth creation. We strive to provide capital and knowledge that is informed through curiosity and authentic relationships.

Programs

1 program

Business lending - to provide responsible and accessible loans that expand economic opportunity for small business owners at every stage of their business. We are committed to elevating entrepreneurs by providing access to capital, financial training, and mentorship from grow's network of industry professionals. These resources assist entrepreneurs in making sustainable decisions as they build financial security as small business owners in west michigan.

Expenses: $411K

Financials

FY 2024

Revenue

Contributions & grants$1.3M
Program service revenue$110K
Investment income$3K
Other revenue
Total revenue$1.4M

Expenses

Grants paid
Salaries & benefits$650K
Fundraising$79K
Other expenses$272K
Total expenses$928K
Total assets$3.4M
Net assets$2.4M

People

12 listed

NameRoleCompensation

MILINDA YSASI

CHIEF EXEC.

Board

$111K

40 hrs/wk

KAREN BRITNER

DIRECTOR

Board

0.5 hrs/wk

TRACEY BURKE

DIRECTOR (PA

Board

0.5 hrs/wk

SHANNON COHEN

DIRECTOR (PA

Board

0.5 hrs/wk

KENIA ESPINOZA

DIRECTOR

Board

0.5 hrs/wk

FLORIZA GENAUTIS

DIRECTOR

Board

0.5 hrs/wk

MONICA KREIGER

DIRECTOR

Board

0.5 hrs/wk

ZARA SMITH

DIRECTOR

Board

0.5 hrs/wk

LACHAUN STEVERSON

PRESIDENT

Board

2 hrs/wk

MCKENZIE VANPATTEN

SECRETARY

Board

1 hrs/wk

JULIE WESTRA

VICE PRESIDE

Board

1 hrs/wk

LIZ ZIESMER

TREASURER

Board

1 hrs/wk

Grants received

Showing 20 of 20

FromAmountPurposeYear
$119K
MULTIPLE GRANTS AWARDED
2024
$100K
PROJECT/PROGRAM - FINANCING PILOT
2024
$200K
Jobs and Family Economic Security
2023
$14K
MULTIPLE GRANTS AWARDED
2023
$200K
provide general operating support to help Grand Rapids Opportunities for Women advance its mission of creating a more empowered and equitable West Michigan through opportunities for small business ownership
2022
$16K
GENERAL OPERATING SUPPORT
2022
$200
GENERAL OPERATING SUPPORT
2022
$200K
provide general operating support to help Grand Rapids Opportunities for Women advance its mission of creating a more empowered and equitable West Michigan through opportunities for small business ownership
2021
$20K
Support to create a more empowered and equitable West Michigan through opportunities for small business ownership.
2021
$200
GENERAL OPERATING SUPPORT
2021
$51K
COVID-19 WORKING CAPITAL LOANS AND LOAN FUND FOR MUSKEGON COUNTY
2020
$10K
GENERAL OPERATING SUPPORT
2020
$10K
CHARITABLE DONATION
2020
$10K
GENERAL FUND
2020
$9K
MULTIPLE GRANTS AWARDED
2020
$5K
UNRESTRICTED GRANT TO GENERAL FUND
2020
$250
GENERAL OPERATING SUPPORT
2020
$25K
FUND DOUBLE VALUE COUPONS TO BE USED BY AREA RESIDENTS FOR PRODUCE
2018
$10K
LAKESHORE EXPANSION
2018

Funded by

$1.0M from 12 funders · 20 grants · 2018–2024

WK Kellogg Foundation

$600K · 3 grants · 2021–2023

Grand Rapids Community Foundation

$159K · 4 grants · 2020–2024

Cdv5 Foundation

$105K · 2 grants · 2020–2024

Fair Food Network Inc

$25K · 1 grant · 2018

Corewell Health Group Return

$20K · 1 grant · 2021

The Sebastian Foundation

$10K · 1 grant · 2020

Grand Haven Area Community

$10K · 1 grant · 2018

Details

EIN382886028
Subsection03
Ruling date1990-12
Formed1989
Employees11
Volunteers11
GRAND RAPIDS OPPORTUNITIES FOR WOMEN — Mission, Financials & Grants Received | Grantivo