Nonprofits›Ubiz Venture Capital
Philanthropy, Voluntarism & Grantmaking Foundations
Ubiz Venture Capital
CLEVELAND, OH
Total revenue
$734K
Total expenses
$853K
Net assets
$806K
Grants received
$683K
5 grants
EIN
843657936
Tax year
2024
Mission
Vision: UBIZ aspires to be the preeminent organization to directly or collaboratively make business capital readily available to underserved small businesses that have potential for growth and job creation in the Greater Cleveland area.
Financials
FY 2024
Revenue
Contributions & grants$494K
Program service revenue$15K
Investment income—
Other revenue$225K
Total revenue$734K
Expenses
Grants paid—
Salaries & benefits$368K
Fundraising—
Other expenses$485K
Total expenses$853K
Total assets$4.6M
Net assets$806K
People
6 listed
NameRoleCompensation
LONNIE COLEMAN
CHAIRMAN
Board
—
0MARSHA MOCABEE
DIRECTOR
Board
—
0LYNETTE CRENSHAW
SECRETARY
Board
—
0BRIAN HALL
TREASURER
Board
—
0DAVID MERKEL
DIRECTOR
Board
—
0MICHAEL OBI
PRESIDENT
Board
—
30 hrs/wk
Grants received
Showing 5 of 5
FromAmountPurposeYear
Funded by
$683K from 5 funders · 5 grants · 2022–2024
Jpmorgan Chase Foundation
$500K · 1 grant · 2022
Local Initiatives Support Corporation
$90K · 1 grant · 2023
The Westfield Insurance Foundation
$75K · 1 grant · 2023
Community Foundation Of Western
$10K · 1 grant · 2024
Ohio Capital Impact Corporation
$8K · 1 grant · 2023
Details
EIN843657936
NTEE codeT12
Subsection03
Ruling date2021-09
Formed2019
Employees6