Nonprofit · EIN 20-1348926
MERCADO GLOBAL INC
Tax-exempt · BROOKLYN, NY 11232
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,910,780 | $1,909,006 | $1,774 | $830,705 | $705,853 | $124,852 |
| June 30, 2024 | 990 | $1,779,240 | $1,777,272 | $1,968 | $651,054 | $527,976 | $123,078 |
| June 30, 2023 | 990 | $1,555,005 | $1,553,275 | $1,730 | $802,264 | $681,154 | $121,110 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,302,296
- Program service revenue
- $605,611
- Investment income
- $2,873
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,033,656
- Salaries, compensation and benefits (total)
- $1,033,656
- Professional fundraising fees
- $0
- Depreciation
- $3,096
- Program services (functional)
- $1,651,339
- Management and general (functional)
- $103,035
- Fundraising (functional)
- $154,632
Balance sheet and other
- Total assets, start of year
- $651,054
- Total assets, end of year
- $830,705
- Total liabilities, end of year
- $705,853
- Net assets, end of year
- $124,852
- Land, buildings and equipment
- $3,222
- Publicly traded securities
- $15,859
- Net assets without donor restrictions
- $124,852
- Gross receipts
- $1,910,780
- Employees
- 4
- Volunteers
- 0
- Year formed
- 2004
- State of legal domicile
- CT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARAE LISLE | BOARD OF DIRECTORS Trustee or director | 5 | $0 |
| MARK SWEDLUND | BOARD OF DIRECTORS Trustee or director | 2.5 | $0 |
| MARIA GEENEN | BOARD OF DIRECTORS Trustee or director | 2.5 | $0 |
| JENNIFER ALI | BOARD OF DIRECTORS Trustee or director | 2.5 | $0 |
| MARTA BEZOARI | BOARD CHAIR Trustee or director, Officer | 5 | $0 |
| JACQUELINE VARELA | BOARD OF DIRECTORS Trustee or director | 2.5 | $0 |
| MELODY HART | TREASURER Officer | 2.5 | $0 |
| RUTH ALVAREZ-DEGOLIA | EXECUTIVE DIRECTOR Officer | 40 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK SWEDLUND | BOARD OF DIRECTORS Trustee or director | 2.5 | $0 |
| MARIA GEENEN | BOARD OF DIRECTORS Trustee or director | 2.5 | $0 |
| JENNIFER ALI | BOARD OF DIRECTORS Trustee or director | 2.5 | $0 |
| MARTA BEZOARI | VICE CHAIR Trustee or director, Officer | 2.5 | $0 |
| JACQUELINE VARELA | BOARD OF DIRECTORS Trustee or director | 2.5 | $0 |
| KARAE LISLE | BOARD CHAIR Officer | 8 | $0 |
| MELODY HART | TREASURER Officer | 2.5 | $0 |
| RUTH ALVAREZ-DEGOLIA | EXECUTIVE DIRECTOR Officer | 40 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK SWEDLUND | BOARD OF DIRECTORS Trustee or director | 2.5 | $0 |
| MARIA GEENEN | BOARD OF DIRECTORS Trustee or director | 2.5 | $0 |
| JENNIFER ALI | BOARD OF DIRECTORS Trustee or director | 2.5 | $0 |
| MARTA BEZOARI | BOARD OF DIRECTORS Trustee or director | 2.5 | $0 |
| JACQUELINE VARELA | BOARD OF DIRECTORS Trustee or director | 2.5 | $0 |
| KARAE LISLE | BOARD CHAIR Officer | 8 | $0 |
| MELODY HART | TREASURER Officer | 2.5 | $0 |
| RUTH ALVAREZ-DEGOLIA | EXECUTIVE DIRECTOR Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 254 36TH ST SUITE C308, BROOKLYN, NY 11232-2408
- In care of
- % RUTH DEGOLIA
- Principal officer (990 for 2024)
- RUTH ALVAREZ-DEGOLIA, 254 36TH STREET, BROOKLYN, NY 11232
- Signed the 990
- RUTH ALVAREZ-DEGOLIA, EXECUTIVE DIRECTOR
- Phone
- (718) 838-9908
- Website
- WWW.MERCADOGLOBAL.ORG
- Return prepared by
- PALLMAN & COMPANY PC
Mission
MERCADO GLOBAL EMPOWERS RURUAL ARTISIAN ENTREPRENEURS ACROSS THE AMERICAS TO LIFT THEIR FAMILIES OUT OF POVERTY THROUGH BUSINESS TRAINING AND ACCESS TO INTERNATIONAL MARKETS. THROUGH OUR NONPROFIT MODEL, WE STRENGTHEN COMMUNITIES AND FAMILIES, WEAVING MARKET ACCESS, COMMUNITY-BASED EDUCATION,AND ASSET DEVELOPMENT INTO A PROGRAM FOCUSED ON FINANCIAL INDEPENDENCE TO OVERCOME POVERTY.
Program accomplishments
- ECONOMIC EMPOWERMENT PROGRAM OUR ECONOMIC EMPOWERMENT PROGRAM HELPS RURAL ARTISAN ENTREPRENEURS BREAK THE CYCLE OF LOCAL POVERTY THROUGH MARKET ACCESS, BUSINESS EDUCATION, AND ASSET DEVELOPMENT.THROUGH OUR MARKET ACCESS PROGRAM, WE HELP OVER 1,000 RURAL ARTISAN ENTREPRENEURS BUILD THEIR OWN COMMUNITY ARTISAN BUSINESSES AND ACCESS INTERNATIONAL MARKETS. THE RURAL ARTISANS WE PARTNER WITH ARE INCREDIBLY TALENTED WEAVERS WHOSE MAIN OBSTACLE TO OVERCOME POVERTY IS LACK OF ACCESS TO A MARKET. NOW, THROUGH THEIR WORK WITH MERCADO GLOBAL, THESE ARTISANS ARE ABLE TO ACCESS THE INTERNATIONAL MARKET AND EARN A FAIR WAGE FOR THE FIRST TIME IN THEIR LIVES. WITH OUR PARTNER ARTISANS, WE DESIGN COLLECTIONS FOR MAJOR INTERNATIONAL FASHION BRANDS AND RETAILERS THAT ARE HANDMADE IN THEIRCOMMUNITIES.THROUGH OUR COMMUNITY-BASED EDUCATION PROGRAM, WE PROVIDE TECHNICAL AND BUSINESS TRAINING IN LOCAL LANGUAGES THAT COMPLEMENT MARKET ACCESS OPPORTUNITIES. BUILDING BUSINESS SKILLS AND MARKET-READY TECHNICAL WEAVING AND SEWING SKILLS,WHEN PAIRED WITH INCOME-EARNING OPPORTUNITIES, ENABLES RURAL ARTISANS TO BECOME CONFIDENT LEADERS WHO LOOK AFTER THEIR FAMILIES' HEALTH, FINANCES, AND EDUCATION.THROUGH OUR ASSET DEVELOPMENT PROGRAM, WE HELP RURAL ARTISANS SECURE THEIR OWN FLOOR LOOMS, SEWING MACHINES AND OTHER PRODUCTIVE ASSETS NEEDED TO ENSURE FUTURE INCOME GENERATION. WE ALSO HELP BUILD THE PRACTICE OF SAVING SO THAT RURAL ARTISANS HAVE A BUFFER AGAINST A RETURN TO POVERTY AND CAN INVEST IN THEIR FAMILIES AND COMMUNITIES.Expenses $969,615 · revenue $605,611
- RURAL ENTREPRENEURS LEADERSHIP TRAINING PROGRAMIN CONJUNCTION WITH OUR ECONOMIC EMPOWERMENT PROGRAM, OUR COMMUNITY-BASED RURAL ENTREPRENEURSLEADERSHIP TRAINING PROGRAM HELPS RURAL ARTISANS GAIN THE SKILLS THEY NEED TO BUILD SUCCESSFUL BUSINESSES AND LIFT THEIR FAMILIES OUT OF POVERTY. OUR LEADERSHIP TRAINING CLASSES ARE CONDUCTED IN OUR PARTNER COMMUNITIES AND COVER TOPICS RANGING FROM FINANCIAL LITERACY TO LEADERSHIP SKILLS, GOAL-SETTING, SELF-ESTEEM AND FINANCIAL MANAGEMENT FOR RURAL ARTISAN ENTREPRENEURS. OUR IN-HOUSE BUSINESS TRAINING TEAM PROVIDES COURSES IN EACH OF OUR PARTNER COMMUNITIES FOR RURAL ARTISANS, MOST OF WHOM CANNOT READ AND WRITE, AND WHO ARE LEARNING TO NAVIGATE BUSINESS-OWNERSHIP FOR THE FIRST TIME.Expenses $355,843
- COMMUNITY PARTNERSHIPS PROGRAMWE SEEK TO BUILD MUTUAL UNDERSTANDING AND FACILITATE CULTURAL EXHCANGE BETWEEN ARTISAN COMMUNITIES ACROSS THE AMERICAS AND OUR SUPPORTER COMMUNITIES IN THE UNITED STATES. THROUGH THE COMMUNITY PARTNERSHIP PROGRAMM, INDIVIDUALS FROM THE U.S. VISIT COMMUNITIES IN GUATEMALA TO SEE THE IMPACT OF THEIR SUPPORT. LIKEWISE, OUR CURRENT AND PAST STAFF, VOLUNTEERS AND SUPPORTERS ACT AS FAIR TRADE AMBASSADORS WITHIN THEIR COMMUNITIES IN THE U.S. THROUGH SPEAKING ENGAGEMENTS, COMMUNITY EVENTS AND OTHER AWARENESS-RAISING FUNCTIONS.Expenses $189,795
- DESIGN A DIFFERENCE PROGRAMAS PIONEERS IN THE ETHICAL-SOURCING MOVEMENT WITHIN THE FASHION INDUSTRY, WE EDUCATE LEADING U.S.-BASED DESIGNERS ABOUT RESPONSIBLE SOURCING THROUGH OUR DESIGN A DIFFERENCE PROGRAM. DESIGNERSFROM MAJOR U.S. FASHION HOUSES COME TO OUR OFFICES TO WORK ALONGSIDE OUR ARTISANS AND LEARNABOUT THE IMPACT THAT SUSTAINABLE PRODUCTION HAS IN THESE COMMUNITIES. IN TURN, THE DESIGNERSEXTEND THEIR EXPERTISE IN PRODUCT DESIGN AND DEVELOPMENT DIRECTLY TO OUR ARTISANS. UPON RETURNINGTO THE U.S., THESE DESIGNERS ARE THEN ABLE TO SHARE THEIR KNOWLEDGE AND ADOPT SUSTAINABLEPRACTICES WITHIN THEIR COMPANIES. IN THIS WAY WE ARE REACHING THE PEOPLE AND INSTITUTIONS ON THECUTTING EDGE OF INDUSTRY WITH FIRST-HAND EXPERIENCE EMPOWERING COMMUNITIES THROUGH RESPONSIBLESOURCING.Expenses $136,086
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-1348926
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2005
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q30)
- Assets (IRS master file)
- $830,705
- Income (IRS master file)
- $1,910,780
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,910,780 | $1,909,006 | $830,705 | IRS |
| 990 | June 2024 | $1,779,240 | $1,777,272 | $651,054 | IRS |
| 990 | June 2023 | $1,555,005 | $1,553,275 | $802,264 | XML |
| 990 | June 2022 | $1,240,427 | $1,218,398 | $699,910 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1348926).
Questions about MERCADO GLOBAL INC
- What is the EIN of MERCADO GLOBAL INC?
- The employer identification number (EIN) of MERCADO GLOBAL INC is 20-1348926.
- Is MERCADO GLOBAL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to MERCADO GLOBAL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MERCADO GLOBAL INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MERCADO GLOBAL INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MERCADO GLOBAL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MERCADO GLOBAL INC?
- The 990 for the year ended June 30, 2025 names RUTH ALVAREZ-DEGOLIA.
- Who are the officers and directors of MERCADO GLOBAL INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does MERCADO GLOBAL INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,910,780, expenses of $1,909,006 and total assets of $830,705 at year end.
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