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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 82-2672536

GLOBALWEALTH MANAGEMENT INITIATIVE INC GWMI

Also known as GWMI

Tax-exempt · JAMAICA, NY 11435

Financials

$65K$64K2024
Revenue Expenses · by fiscal year end
Financials of GLOBALWEALTH MANAGEMENT INITIATIVE INC GWMI by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$65,000$64,000$1,000$1,000$0$1,000
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$30,000
Program service revenue
$35,000

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$10,000
Professional fees and payments to contractors
$11,000
Occupancy
$9,000
Printing, publications and postage
$10,500
Other expenses
$23,500
Program services (functional)
$64,000

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$1,000
Total liabilities, end of year
$0
Net assets, end of year
$1,000
Cash, savings and investments
$1,000
Gross receipts
$65,000

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Henry OsazuwaDIrector60$0
Peter IghodaroDIrector20$0
Alexis OsazuwaDirector30$0

Address and contacts

Address (IRS master file)
14819 90TH AVE, JAMAICA, NY 11435-4072
In care of
% HENRY OSAZUWA
Mailing address (990-N for 2025)
14819 90th Ave, Jamaica NY 11435
Principal officer (990-N for 2025)
Henry Osazuwa, 14819 90th Ave, Jamaica NY 11435
Signed the 990-EZ
Henry Osazuwa, President
Phone
(347) 459-4396

Mission

The exempt purpose is to conduct public financial literacy enlightenment programs as a means of supporting community development.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Provided capacity building seminars for Micro, Small, Medium Enterprises(MSMEs) focused on governance, financial risk management and entrepreneurship for access to government funding intervention program.
    Expenses $29,000
  • Co-sponsorship of NANS conference as financial literacy program for capital market stakeholders and the legislatures
    Expenses $25,000
  • Collaborative support to SEC, Nigeria for staff training, regulatory measures and financial product development.
    Expenses $10,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-N on file

File the 2026 990-N for GLOBALWEALTH MANAGEMENT INITIATIVE INC GWMI

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
82-2672536
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Human services (P20)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Henry Osazuwa
December 31, 2025≤ $50,000 receipts––e-Postcard
990-EZDecember 2024$65,000$64,000$1,000IRS
990-N for 2023
Officer: Henry Osazuwa
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: Henry Osazuwa
December 31, 2022≤ $50,000 receipts––e-Postcard
990-EZDecember 2021–––IRS
990-N for 2020
Officer: Henry Osazuwa
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Henry Osazuwa
December 31, 2019≤ $50,000 receipts––e-Postcard

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 82-2672536).

Questions about GLOBALWEALTH MANAGEMENT INITIATIVE INC GWMI

What is the EIN of GLOBALWEALTH MANAGEMENT INITIATIVE INC GWMI?
The employer identification number (EIN) of GLOBALWEALTH MANAGEMENT INITIATIVE INC GWMI is 82-2672536.
Is GLOBALWEALTH MANAGEMENT INITIATIVE INC GWMI tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to GLOBALWEALTH MANAGEMENT INITIATIVE INC GWMI tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GLOBALWEALTH MANAGEMENT INITIATIVE INC GWMI file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of GLOBALWEALTH MANAGEMENT INITIATIVE INC GWMI due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GLOBALWEALTH MANAGEMENT INITIATIVE INC GWMI last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of GLOBALWEALTH MANAGEMENT INITIATIVE INC GWMI?
The 990-N for 2025 names Henry Osazuwa.
Who are the officers and directors of GLOBALWEALTH MANAGEMENT INITIATIVE INC GWMI?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does GLOBALWEALTH MANAGEMENT INITIATIVE INC GWMI have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $65,000, expenses of $64,000 and total assets of $1,000 at year end.

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