Mercado on 5th Inc

Community development organization based in Moline, IL. 23 employees. Exempt under §501(c)(3).

MissionTHE 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

EIN
81-5377245
State
IL
Sector
Community development
Budget band
$500K–$1M
Latest filing
TY 2024
Records
—

Financial snapshot · TY 2024

$629K
Total revenue
$684K
Total expenses
$1.2M
Net assets

Financial health · TY 2024

95
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
20.4 months of expenses
Program efficiency
95
88% spent on programs
Revenue diversity
87
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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Mercado on 5th Inc Executive Compensation | 990 Data | DoubleNine