Totals
- Total revenue
- $136,419
- Total expenses
- $95,902
- Contributions and grants received
- $100,000
- Grants paid
- $0
- Program service revenue
- $0
- Membership dues (line 3)
- $35,250
- Investment income (line 4)
- $1,169
- Gain or loss on sale of assets (line 5c)
- $0
- Gaming and fundraising events, net (line 6d)
- $0
- Gross profit on inventory sales (line 7c)
- $0
- Other revenue (line 8)
- $0
- Total assets, end of year
- $114,738
- Total liabilities, end of year
- $25,000
- Net assets or fund balances, end of year
- $89,738
- Program service expenses (Part III)
- $51,031
Program services were 53.2% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
Mission and programs · 2024
Primary exempt purpose
Through community engagement, education, and outreach, the Michigan CDFI Coalition seeks to promote the social welfare of and increase the financing opportunities for low-income, disadvantaged, and marginalized communities throughout Michigan.
-
Encourage collaboration and information sharing among existing CDFIs.
Expenses $33,031
-
Directly provide educational programing and resources to CDFIs in Michigan to assist them in furthering their reach to underserved communities and empower individuals that are part of and small businesses that are owned by such communities. Conduct research and analysis to better understand the needs of underserved communities and to identify opportunities for CDFIs to make a greater impact.
Expenses $18,000
As filed on the 2024 return.
Listed in Part IV
-
ELISSA SANGALLI
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
ERIC HANNA
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
JENNIFER HAYES
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
CHRISTI COADY NARAYANAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
ERIK K FOSTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CAROLYN CASSIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ZACH ORMSBY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOANNA DUEWEKE-PEREZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MILINDA YSASI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LAURA GALBRAITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JT MACKEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SEAN WINTERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SHANNA SHANANAQUET
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RAY WATERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KIERAN MARION
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BELINDA TURNER-DUBOIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990_ez
- Tax year
- 2024
- Filed
- 9 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202503139349200230
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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