MERCADO ON 5TH INC
AI Summary
MERCADO ON 5TH INC is a nonprofit organization focused on community improvement by providing a multicultural market that supports entrepreneurs in a diverse and welcoming environment. With an operating budget of $683.8K and total revenue of $628.8K for the filing year 2024, the organization aims to foster the growth of small businesses, particularly within minority neighborhoods. It does not rely on any single funder for 50% or more of its revenue, ensuring a diversified funding base to support its mission. For more information, visit www.mercadoonfifth.com.
Mission Statement
THE MISSION OF MERCADO ON 5TH INC. IS TO PROVIDE A MULTI-CULTURAL MARKET FOR ENTREPRENEURS IN A DIVERSE WELCOMING ATMOSPHERE, TO BRING TOGETHER MINORITIES IN THE COMMUNITY AND ALLOW SMALL BUSINESSES THE OPPORTUNITY TO PROMOTE AND GROW THEIR BUSINESSES, AND TO PROMOTE A PRIMARILY MINORITY NEIGHBORHOOD.
Cause Areas
1
Community improvement
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is MERCADO ON 5TH INC’s budget?
In 2024, MERCADO ON 5TH INC reported an annual operating budget of around $684 thousand. More detailed financial information is available to registered users.
What causes does MERCADO ON 5TH INC support?
MERCADO ON 5TH INC supports work in Community improvement.
Where does MERCADO ON 5TH INC operate?
MERCADO ON 5TH INC is headquartered in Moline, IL.
Who funded MERCADO ON 5TH INC recently?
In 2025, MERCADO ON 5TH INC received grants from DORIS & VICTOR DAY FOUNDATION INC, QUAD CITIES GOLF CLASSIC CHARITABLE FOUNDATION, and PGA TOUR INC. More information on this organization’s funders is available to registered users.
What is the largest grant MERCADO ON 5TH INC received in 2024?
The largest grant to MERCADO ON 5TH INC in 2024 exceeds $119 thousand.
What is MERCADO ON 5TH INC’s reliance on government grants?
MERCADO ON 5TH INC relied on government grants for less than 5% of their total revenue in 2024.