Skip to content
Nonprofiteer
← HOLLAND HOME FOUNDATION

Form 990 for tax year 2025

Filed by HOLLAND HOME FOUNDATION.

Totals

Total revenue
$3,209,560
Total expenses
$1,054,494
Contributions and grants received
$2,021,657
Grants paid
$800,000
Program service revenue
$0
Investment income
$1,108,938
Other revenue
$78,965
Total assets, end of year
$34,009,788
Total liabilities, end of year
$426,006
Net assets or fund balances, end of year
$33,583,782
Program services expenses (Part IX)
$800,000
Management and general expenses
$0
Fundraising expenses
$254,494
Program service expenses (Part III)
$800,000

Program services were 75.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $31,098

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $1,990,559

  • 1g · Noncash contributions included above

    $0

  • 3 · Investment income

    total $778,950 · related or exempt $0 · unrelated business $0 · excluded $778,950

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $7,463,787 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $7,133,799 · other assets $0

  • 7c · Gain or loss

    securities $329,988 · other assets $0

  • 7d · Net gain or loss

    total $329,988 · related or exempt $0 · unrelated business $0 · excluded $329,988

  • 8a · Fundraising events: gross income

    $126,786

  • 8a · Fundraising events: contributions included on line 1c

    $31,098

  • 8b · Fundraising events: direct expenses

    $47,821

  • 8c · Net income from fundraising events

    total $78,965 · unrelated business $0 · excluded $78,965

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $800,000 · program services $800,000

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 8 · Pension plan contributions

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11a · Fees: management

    total $40,540 · program services $0 · management and general $0 · fundraising $40,540

  • 11b · Fees: legal

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $73,616 · program services $0 · management and general $0 · fundraising $73,616

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $10,088 · program services $0 · management and general $0 · fundraising $10,088

  • 14 · Information technology

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 17 · Travel

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 20 · Interest

    total $108,085 · program services $0 · management and general $0 · fundraising $108,085

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24a · Other expenses: Dues & Memberships

    total $18,392 · program services $0 · management and general $0 · fundraising $18,392

  • 24b · Other expenses: Miscellaneous

    total $3,773 · program services $0 · management and general $0 · fundraising $3,773

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $152,182 · end of year $119,595

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $150,255 · end of year $165,680

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $29,487,106 · end of year $33,724,513

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $28,206 · end of year $29,948

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $391,368 · end of year $396,058

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $29,369,969 · end of year $33,583,782

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2025

Mission

To provide for the receipt of contributions, bequests and gifts for the benefit of fulfilling the mission of Holland Home.

Activities or mission (Part I)

To secure and administer funds and properties for the exclusive use and benefit of Holland Home.

  • Provide financial support to Holland Home, further enabling Holland Home to continue its assistance to its residents.

    Expenses $800,000

As filed on the 2025 return.

Listed in Part VII

  • Troy Vugteveen

    CEO & President

    Total calculated
    $494,077
    From this org
    $0
    From related orgs
    $494,077
    Other
    $0
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $440,052 related
    Bonus
    $0 + $54,026 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $494,078 related

  • David Tiesenga

    Chief Strategy Officer

    Total calculated
    $308,452
    From this org
    $0
    From related orgs
    $277,272
    Other
    $31,180
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $254,691 related
    Bonus
    $0 + $22,580 related
    Other
    $0
    Deferred
    $0 + $23,500 related
    Nontaxable benefits
    $0 + $7,680 related
    Filer's total
    $0 + $308,451 related

  • Adam Kinder

    Chief Financial Officer

    Total calculated
    $292,975
    From this org
    $0
    From related orgs
    $292,975
    Other
    $0
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $267,268 related
    Bonus
    $0 + $25,707 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $292,975 related

  • Carlos Hidalgo

    Director

    Total calculated
    $0
    Hours/week
    0 + 2 related

  • Mark Johnson

    Vice Chair/Secretary

    Total calculated
    $0
    Hours/week
    0 + 2 related

  • David Knibbe

    Director

    Total calculated
    $0
    Hours/week
    0 + 2 related

  • Gary Malburg

    Director/Treasurer

    Total calculated
    $0
    Hours/week
    0 + 2 related

  • Jean Nagelkerk

    Director

    Total calculated
    $0
    Hours/week
    0 + 2 related

  • Nelson Sanchez

    Director/Chair

    Total calculated
    $0
    Hours/week
    0 + 2 related

  • Gilbert Segovia

    Director

    Total calculated
    $0
    Hours/week
    0 + 2 related

  • David Smith

    Director

    Total calculated
    $0
    Hours/week
    0 + 2 related

  • Nick Thole

    Director

    Total calculated
    $0
    Hours/week
    0 + 2 related

  • Mary Ursul

    Director

    Total calculated
    $0
    Hours/week
    0 + 2 related

  • Susan Vogel-Vanderson

    Director

    Total calculated
    $0
    Hours/week
    0 + 2 related

  • Sam Watson

    Director

    Total calculated
    $0
    Hours/week
    0 + 2 related

  • Scott DeMaagd

    Director

    Total calculated
    $0
    Hours/week
    0 + 2 related

  • Marie VanderKooi

    Director

    Total calculated
    $0
    Hours/week
    0 + 2 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, 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. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a
The organization provides for the reimbursement of health club dues for the Chief Strategy Officer.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • Holland Home

    $800,000

    All grants are made to Holland Home. The Foundation regularly receives reports and detail regarding the resident assistance need of Holland Home. Grants from the Foundation are traditionally exclusively used for the benefit of furthering Holland Home's ability to extend financial assistance to residents.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • EHCO Group LLC

    Related · Health management · MI

  • Emunah Muskegon

    Related · Property development · MI

    Directly controlled by Christian Living Services

Provenance

Return type
form_990
Tax year
2025
Filed
13 May 2026
IRS schema version
2025v4.0
Source object
202611339349307566

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.