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EIN 38-2376475

Northwestern Michigan College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Traverse City
State
Michigan
Year formed
1981
Most recent tax filings
2022-06-01
NTEE code, primary
B42: Undergraduate College (4-year)
Description
The Northwestern Michigan College Foundation provides support for the objectives and purposes of Northwestern Michigan College. It assists the college to realize its mission and vision by securing new resources, maximizing return on existing resources, acting as ambassadors to the community, complementing and resourcing the work of the college's trustees in shaping. The foundation allocates funds to Northwestern Michigan College for scholarships, awards, and programs, and transfers restricted contributions to the designated department or program.
Total revenues
$4,991,031
2022
Total expenses
$4,765,568
2022
Total assets
$57,776,969
2022
Num. employees
0
2022

Program areas at Northwestern Michigan College Foundation

Scholarships, awards & programs: the Foundation allocates funds to Northwestern Michigan College for the purpose of awarding scholarships, and transfers restricted contributions to the designated department or program.

Who funds Northwestern Michigan College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$194,550
The Art and Mary Schmuckal Family FoundationFourth Payment of 5-year Multi-Year Award$65,000
Grand Traverse Regional Community FoundationB:education$57,250
...and 11 more grants received

Personnel at Northwestern Michigan College Foundation

NameTitleCompensation
Jennifer HricikInterim Executive Director
Alan J ZelinskiFirst Vice - Chair / Director$0
Debra J EdsonSecretary / Board Member$0
Nicholas NissleySecond Vice - Chair$0
Francis J GingrasFirst Vice - Chair / First Vice Chair / Director$0
...and 7 more key personnel

Financials for Northwestern Michigan College Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$3,614,449
Program services$0
Investment income and dividends$1,226,558
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$150,883
Net income from fundraising events$-12,860
Net income from gaming activities$12,001
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,991,031

Form 990s for Northwestern Michigan College Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-11990View PDF
2020-062021-05-26990View PDF
2019-062020-10-15990View PDF
2018-062019-06-19990View PDF
2017-062018-11-15990View PDF
...and 7 more Form 990s

Organizations like Northwestern Michigan College Foundation

OrganizationLocationRevenue
Bismarck State College FoundationBismarck, ND$6,634,796
Bellevue College FoundationBellevue, WA$2,540,968
Alexandria Technical and Community College FoundationAlexandria, MN$3,479,052
Rockland Community College FoundationSuffern, NY$2,429,122
Lake Land College FoundationMattoon, IL$4,733,091
College of Staten Island FoundationStaten Island, NY$2,646,354
Midlands Technical College FoundationColumbia, SC$2,613,811
San Juan College FoundationFarmington, NM$2,731,458
Yavapai College FoundationPrescott, AZ$4,441,364
Taft College FoundationTaft, CA$1,297,754
Data update history
July 10, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 1, 2023
Updated personnel
Identified 3 new personnel
May 16, 2023
Updated personnel
Identified 2 new personnel
May 7, 2023
Received grants
Identified 1 new grant, including a grant for $32,000 from Oleson Foundation
August 3, 2022
Received grants
Identified 1 new grant, including a grant for $5,320 from Amical Foundation
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsState / local levelEndowed supportFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
Address
1701 E Front St
Traverse City, MI 49686
County
Grand Traverse County, MI
Website URL
nmc.edu/about/foundation/ 
Phone
(231) 995-1144
IRS details
EIN
38-2376475
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1981
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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