Mission
SEE SCHEDULE O
Public Charity
MICROENTERPRISE RESOURCES INITIATIVE & TRAINING (MERIT)
MICROENTERPRISE RESOURCES INITIATIVE & TRAINING (MERIT) is a nonprofit organization categorized as Public Charity based in SALEM, OR. Its most recent IRS filing (2025) reports revenue of $352K, expenses of $341K, total assets of $222K. Imperigo tracks 15 reported grant relationships connected to this organization totaling approximately $492K.
EIN: 412247717
SALEM, OR
Small Business Development
NTEE: S43
Latest filing: 2025
Total Revenue$352K
Total Expenses$341K
Total Assets$222K
Grant Records15
Funding Total$492K
Filing Years2021–2025
Where $100 goes at Microenterprise Resources Initiative & Training (Merit)
How Microenterprise Resources Initiative & Training (Merit) divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$68
Programs
the work itself
$32
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $68 for programs
$27
Microenterprise resources, initiatives & training (merit dba prosperidad oregon)- merit's mission is to help people explore, launch, and grow successful small businesses through training, support, financial education, access…
$21
Access to capital program
$20
Microenterprise resources, initiatives & training
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
Economic Development
$150,000
OPERATING SUPPORT
$38,833
OPERATING SUPPORT
$38,833
Economic Development
$67,500
FINANCIAL LITERACY/CASE MANAGEMENT
$9,100
Showing up to 5 of 15 total records — full history available with membership.
Officers & Directors
BOARD MEMBER
Aldo Medina
EXECUTIVE DIRECTOR
Claudia Maciel
BOARD MEMBER
Eddy Morales
PRESIDENT
Jaime Arredondo
BOARD MEMBER
Jenny Pool Radway
BOARD MEMBER
Juan Carlos Gonzales
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $352K | $341K | $222K |
| 2024 | $342K | $158K | $221K |
| 2023 | $270K | $221K | $37K |
| 2022 | $159K | $279K | $36K |
| 2021 | $337K | $288K | $224K |
Between 2021 and 2025, reported annual revenue grew from $337K to $352K (+5%), with total assets most recently reported at $222K.
Interactive year-over-year charts and full filing details available with membership.