Cause IQ organization profile

Community Foundation for Southeast Michigan (CFSEM)

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

CFSEM is a community foundation based in Detroit, MI that was founded in 1984. As of 2019 they had $124 million in revenue and $0 in assets.

The Community Foundation is an independent nonprofit organization governed by a board of 55 volunteer civic leaders. Of the more than 670 community foundations nationwide, the Community Foundation for Southeast Michigan is among the top 30 in assets.

EIN:
38-2530980
City:
State:
Website:
Phone:
(313) 961-6675
Facebook:
Twitter:
Founded:
1984
Type:
501(c)(3)
NTEE:
Revenue:
$124,891,925
Assets:
$0
Employees:
49
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at CFSEM

The New Economy Initiative (NEI) was developed by the Community Foundation with funding from multiple national and local foundations. NEI 1s working to diversify the regional economy Of ‘southeast Michigan and stimulate entrepreneurial development. tn 2015, NEI provided more than million, including 81 grants totaling more than $8.9 million NEI sharpened its grantmaking focus primarily to concentrate on building a network of support for entrepreneurs. These grants ‘Support the nonprofit service providers - from those providing technical assistance like business Planning and concept-testing to those providing capital and beyond - who help businesses growand thrive in addition, NEI provides support to help these networks of service providers better to each other and the people they serve The goal is to grow new companies and new jobs and to encourage additional dollars of investment in the region. Ultimately, that means building ‘A More diverse economy where jobs and prospenty are available ...

From its inception, the Community Foundation has had a strong committment to the arts and cultural ‘sector in southeast Michigan. In 2016, from all funds of the Foundation, 533 grants weremade arts and cultural programming, totaling over $9 6 million, Most grants were made to help build the capacity and regional reach of local arts nonprofit agencies

In 2013, a group of national and regional funders formed a new $4.9 million fund atthe Community Foundation to benefit Head Start programs in Detroit, Called the Detroit Head StartEary ‘Childhood Innovation Fund, the Community Foundation 1s awarding competitive grants for programs and partnerships that will improve the quality of Head Start services and outcomes for children and their families in Detroit, In 2015, $1.4 million was granted in the second round of support for four nonprofit agencies, focused on their efforts to recruit and retain high-quality early ‘educators at their Ofg27Z at OS

Form 990s for CFSEM

Fiscal year endingDate received by IRSFormPDF link
2018-12Dec 16, 2019990View PDF
2016-12Oct 23, 2017990View PDF
2015-12Sep 26, 2016990View PDF
2014-12Sep 15, 2015990View PDF
2013-12Sep 5, 2014990View PDF
...and four more Form 990 PDFs

Financials for CFSEM

Field2018
Total grants, contributions, etc.$70,871,157
Program services$639,726
Investment income and dividends$21,912,516
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$31,271,544
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$196,982
Total revenues$124,891,925

Vendors for CFSEM

VendorServicesAmount paidDate
KimbiaFundraising software2020-03-17
█████████ ████████Software2020-03-17
█████████CRM software; Fundraising software2020-03-04
█████████Content management system software2020-03-04
█████Software2020-03-04
████████ ███ ███Tax accounting2017-10-23
█████ █████Investment Manager$318,7852016-09-26
█████████████ ██████████ ██████ ███████ ███████Director Newecon Initiative Consultant Newecon Initiativ$265,000,250,2502016-09-26

Personnel at CFSEM

NameTitleCompensationMost recent data
Mariam NolandPresident-June 11, 2020
Karen LeppanenVice President , Finance and Administration-June 11, 2020
██████ ██ ███Vice President, Marketing and Communications-June 11, 2020
█████ ███████Vice President , Program-June 11, 2020
█████ ███████Vice President, Philanthropic Services-Oct. 30, 2017
█████ ████████ ██████Director , Human Resources / Human Resources Officer-June 11, 2020
███████ ███████Project Director, Youth Sports Initiative-Aug. 28, 2019
█████ █████Director, Philanthropic Services-Oct. 30, 2017
███████ ████Information and Database Manager-June 11, 2020
████ ███████████Grants Manager-June 11, 2020
...and six more key personnel

Peer community foundations

 NameTypeRevenueLocation
1Kalamazoo Community Foundation501(c)(3)$40 millionKalamazoo, MI
2The Greater New Orleans Foundation501(c)(3)$53 millionNew Orleans, LA
3InFaith Community Foundation (ICF)501(c)(3)$66 millionMinneapolis, MN
4High Point Community Foundation501(c)(3)$47 millionHigh Point, NC
5University of Oregon Foundation501(c)(3)$171 millionEugene, OR
6Essex County Community Foundation (ECCF)501(c)(3)$41 millionDanvers, MA
7The San Diego Foundation501(c)(3)$155 millionSan Diego, CA
8Community Foundation for Palm Beach and501(c)(3)$43 millionWest Palm Beach, FL
9Community Foundation of New Jersey501(c)(3)$124 millionMorristown, NJ
10Central Carolina Community Foundation501(c)(3)$31 millionColumbia, SC
11Seattle Foundation501(c)(3)$169 millionSeattle, WA
12Community Foundation for the Fox Valley Region501(c)(3)$139 millionAppleton, WI
13Tulsa Community Foundation (TCF)501(c)(3)$134 millionTulsa, OK
14Coastal Community Foundation501(c)(3)$43 millionN Charleston, SC
15Gulf Coast Community Foundation501(c)(3)$73 millionVenice, FL
16Community Foundation of North Texas (NTXCF)501(c)(3)$91 millionFort Worth, TX
17Catholic Community Foundation of Minnesota (CCF)501(c)(3)$40 millionSt Paul, MN
18Community First Foundation501(c)(3)$92 millionArvada, CO
19The Community Foundation of Greater Birmingham501(c)(3)$31 millionBirmingham, AL
20Winston-Salem Foundation501(c)(3)$56 millionWinston Salem, NC
21Hampton Roads Community Foundation501(c)(3)$36 millionNorfolk, VA
22The Cleveland Foundation501(c)(3)$142 millionCleveland, OH
23Oklahoma City Community Foundation (OCCF)501(c)(3)$82 millionOklahoma City, OK
24Blue Grass Community Foundation (BGCF)501(c)(3)$31 millionLexington, KY
25San Francisco Foundation (TSFF)501(c)(3)$174 millionSan Francisco, CA