Form 990 for tax year 2022
Filed by COPPER SHORES COMMUNITY HEALTH FOUNDATION.
Totals
- Total revenue
- $6,015,223
- Total expenses
- $4,081,692
- Contributions and grants received
- $2,373,869
- Grants paid
- $2,590,310
- Program service revenue
- $36,032
- Investment income
- $3,589,638
- Other revenue
- $15,684
- Total assets, end of year
- $73,990,365
- Total liabilities, end of year
- $1,235,092
- Net assets or fund balances, end of year
- $72,755,273
- Program services expenses (Part IX)
- $3,134,861
- Management and general expenses
- $946,831
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,134,861
Program services were 76.8% 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.
-
1e · Government grants (contributions)
$103,057
-
1f · All other contributions, gifts and grants
$2,270,812
-
1g · Noncash contributions included above
$30,840
-
2a · Program service revenue: PROGRAM REVENUE
total $36,032 · related or exempt $36,032
-
3 · Investment income
total $1,410,089 · excluded $1,410,089
-
7a · Gross sales of assets other than inventory
securities $3,751,178 · other assets $1,165,063
-
7b · Less cost or other basis and sales expenses
securities $2,734,121 · other assets $2,571
-
7c · Gain or loss
securities $1,017,057 · other assets $1,162,492
-
7d · Net gain or loss
total $2,179,549 · related or exempt $2,179,549
-
11a · Other revenue: GRANTS RETURNED
total $12,500 · related or exempt $12,500
-
11b · Other revenue: OTHER INCOME
total $3,184 · related or exempt $3,184
-
11e · Other revenue, total
$15,684
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,334,820 · program services $2,334,820
-
2 · Grants to domestic individuals
total $255,490 · program services $255,490
-
5 · Compensation of officers, directors and key employees
total $147,537 · management and general $147,537
-
7 · Other salaries and wages
total $533,984 · program services $230,811 · management and general $303,173
-
8 · Pension plan contributions
total $53,406 · program services $23,472 · management and general $29,934
-
9 · Other employee benefits
total $250,373 · program services $164,507 · management and general $85,866
-
10 · Payroll taxes
total $58,760 · program services $21,612 · management and general $37,148
-
11b · Fees: legal
total $43,530 · management and general $43,530
-
11c · Fees: accounting
total $37,929 · program services $267 · management and general $37,662
-
11f · Fees: investment management
total $30,000 · management and general $30,000
-
11g · Fees: other
total $1,220 · management and general $1,220
-
12 · Advertising and promotion
total $63,479 · program services $2,813 · management and general $60,666
-
13 · Office expenses
total $36,930 · program services $14,803 · management and general $22,127
-
14 · Information technology
total $18,379 · program services $634 · management and general $17,745
-
16 · Occupancy
total $52,807 · program services $9,998 · management and general $42,809
-
17 · Travel
total $14,496 · program services $1,789 · management and general $12,707
-
19 · Conferences, conventions and meetings
total $13,957 · program services $251 · management and general $13,706
-
22 · Depreciation, depletion and amortization
total $8,872 · program services $1,570 · management and general $7,302
-
23 · Insurance
total $14,778 · management and general $14,778
-
24a · Other expenses: FOOD
total $48,660 · program services $48,660
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $18,862 · program services $142 · management and general $18,720
-
24c · Other expenses: SUPPLIES AND SMALL EQUIPM
total $13,046 · program services $13,046
-
24d · Other expenses: EVENT COORDINATION
total $9,319 · management and general $9,319
-
24e · All other expenses
total $21,058 · program services $10,176 · management and general $10,882
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $535,570 · end of year $894,308
-
2 · Savings and temporary cash investments
beginning of year $10,253 · end of year $10,264
-
4 · Accounts receivable
beginning of year $207,000 · end of year $137,772
-
7 · Other notes and loans receivable
end of year $1,357,234
-
9 · Prepaid expenses and deferred charges
beginning of year $10,646 · end of year $24,207
-
10a · Land, buildings and equipment: cost or other basis
$163,294
-
10b · Land, buildings and equipment: accumulated depreciation
$54,238
-
10c · Land, buildings and equipment, net
beginning of year $55,181 · end of year $109,056
-
11 · Investments: publicly traded securities
beginning of year $76,797,460 · end of year $63,335,863
-
15 · Other assets
beginning of year $8,004,557 · end of year $8,121,661
-
17 · Accounts payable and accrued expenses
beginning of year $72,175 · end of year $91,531
-
18 · Grants payable
beginning of year $80,968 · end of year $973,927
-
25 · Other liabilities
end of year $169,634
-
27 · Net assets without donor restrictions
beginning of year $85,112,804 · end of year $72,510,563
-
28 · Net assets with donor restrictions
beginning of year $354,720 · end of year $244,710
Mission and programs · 2022
Mission
TO SUPPORT THE CHARITABLE HEALTH NEEDS OF THE COMMUNITY THROUGH ENHANCED PHILANTHROPY AND COMMUNITY COLLABORATION
-
ACCESS TO CARE- GRANTS TO ORGANIZATIONS AND INDIVIDUALS TO MEET THE FINANCIALS RESOURCES NEEDED TO DEVELOP NEW AND/OR EXPANDED HEALTH SERVICES WITH MEET A COMMUNITY'S NEEDS, AS WELL AS PROVIDING GAS CARDS TO INDIVIDUALS TO BE USED FOR MEDICAL TRAVEL. GIVING TUESDAY-CAMPAIGN AIMED INVOLVING THE LOCAL COMMUNITY TO JOIN IN ON THE GLOBAL GENEROSITY MOVEMENT WHICH CREATES A DAY THAT ENCOURAGES PEOPLE TO DONATE TO A LIST OF QUALIFIED NON-PROFIT CHARITIES. THE FOUNDATION MATCHES THE COMMUNITY DONATIONS UP TO A SPECIFIED DOLLAR AMOUNT EACH YEAR. THE FOUNDATION HAS AIDED IN MORE THAN 2.7 MILLION DOLLARS IN DONATIONS TO NON-PROFIT ORGANIZATIONS IN BARAGA, HOUGHTON, KEWEENAW AND ONTONAGON COUNTIES.
Expenses $1,353,304 · Grants $1,344,627
-
FOOD STABILITY THE FOUNDATION HAS RESEARCHED THE WAYS IN WHICH FOOD INSECURITIES AND NUTRITION AFFECT AN INDIVIDUAL'S OVERALL HEALTH. IN AN EFFORT TO REDUCE THE NEGATIVE EFFECTS OF FOOD INSECURITIES, HUNGER, AND POOR NUTRITION, THE FOUNDATION HAS BEGUN IDENTIFYING FUNDING STRATEGIES TO ADDRESS THE COMMUNITY'S AWARENESS TO FOOD AND THE CRITICAL IMPACT IT HAS ON INDIVIDUAL AND POPULATION HEALTH. THE FOUNDATION'S GRANTING AND HANDS-ON WORK WITHIN THE COMMUNITY IS INTENDED TO CURB THE HEALTH RISKS ASSOCIATED WITH FOOD INSECURITY AND NUTRITIONAL INSTABILITY. ON 10/1/22 THE FOUNDATION'S WHOLLY OWNED SUBSIDIARY COPPER COUNTRY SENIOR MEALS MERGED WITH AND INTO THE FOUNDATION. ACTIVITY FROM COPPER COUNTRY SENIOR MEALS PROGRAM AFTER 9/30/22 IS INCLUDED WITHIN THE FOOD STABILITY PROGRAM, AND INCLUDES PROVIDING NUTRITIOUS MEALS TO SENIOR CITIZENS IN THEIR HOMES OR AT CONGREGATE SITES AS WELL AS PROVIDING MEALS TO THE LOCAL HEAD START PROGRAM.
Expenses $900,438 · Grants $369,288 · Revenue $36,032
-
SAFE & HEALTHFUL COMMUNITIES SAFE COMMUNITIES & RECREATION ARE AN IMPORTANT FACET OF A HEALTHY COMMUNITY. ACCESS TO RESOURCES THROUGH THE BUILT ENVIRONMENT AND RECREATIONAL ASSETS PROVIDE AND CONTRIBUTE TO AN INDIVIDUALS' CHOICE TO LIVE A HEALTHIER LIFESTYLE. IN ADDITION, SUPPORT OF RECREATION FOCUSED ON COMMUNITY GROUPS, LOCAL EMERGENCY SERVICES, AND LAW ENFORCEMENT EFFORTS, ALONG WITH SUPPORT FOR MOBILIZATION RECREATION PLANNING THROUGH THE MANY MUNICIPAL PARTNERS IN THE REGION ALL CONTRIBUTE TO MAKING A HEALTHIER, SAFER, AND MORE VIBRANT COMMUNITY.
Expenses $386,519 · Grants $386,504
-
HEALTHY INDIVIDUALS PROVIDES GRANTS, INCLUDING SUBSTANCE USE DISORDER, SPECIFICALLY ADDERSSING THE NEEDS OF OUR POPULATION. -EARLY INTERVENTION AND PREVENTION PROGRAMS INCLUDING SUBSTANCE USE DISORDER. -EMERGENCY AND MOBILE CRISIS RESPONSE. -MENTAL AND BEHAVORIAL HEALTH SERVICE ACCESS, COORDINATION, AND NAVIGATION. -SUICIDE PREVENTION AND AWARENESS. -YOUTH LEADERSHIP AND RESILIENCY DEVELOPMENT. -PARENT EDUCATION AND ENGAGEMENT. -ADDICTION SERVICES. -PROGRAMMING ADDRESSING OTHER FORMS OF MENTAL ILLNESS, STRESS REDUCTION, ANDZIETY, AND DEPRESSION THAT MAY INCLUDE PHYSICAL AND MINDFULNESS ACTIVITIES. ACCESS TO EDUCATION EDUCATION IS AN IMPORTANT COMPONENT TO A HEALTHIER COMMUNITY. HEALTH RISK STUDIES HAVE SHOWN POPULATIONS AND INDIVIDUALS WITH HIGHER LEVELS OF EDUCATION COMPLETION GENERALLY HAVE NOTICEABLY REDUCED HEALTH RISK FACTORS. IN ADDITION, ACCESS TO EDUCATIONAL TRAINING AND THE RETENTION OF THOSE STUDENTS WITHIN THE LOCAL COMMUNITY CONTRIBUTE TO A MORE VIBRANT AND PROSPEROUS ECONOMY, FURTHER REDUCING HEALTH RISK FACTORS THAT ARE MORE COMMONLY ASSOCIATED AND PRONOUNCED WITH LOWER INCOME EARNING HOUSEHOLDS. IN ADDITION TO ACCESS TO EDUCATION, MEDICAL INNOVATION AND RESEARCH IS A CRITICALLY IMPORTANT ASPECT OF THE FOUNDATION'S INVESTMENT IN THE LOCAL COMMUNITY. THROUGH PARTNERSHIP WITH EDUCATIONAL INSTITUTIONS, THE FOUNDATION IS ABLE TO SUPPORT RESEARCH AND OTHER ACADEMIC OFFERINGS THAT WILL HELP INFORM, ADDRESS, OR BE APPLIED TO HEALTH RISK FACTORS WITHIN THE LOCAL COMMUNITIES. INCOME STABILITY POVERTY INTERSECTS NEARLY ALL OTHER AREAS OF SOCIAL DETERMINANTS OF HEALTH AND THE HEALTH RISK FACTORS ASSOCIATED WITH THEM. THE FOUNDATION HAS UNDERTAKEN THE STEPS NECESSARY TO LAUNCH A FORMAL POVERTY LITERACY AND MITIGATION PROGRAM THAT INCLUDES COMMUNITY ENGAGEMENT, ECONOMIC DEVELOPMENT, FINANCIAL EDUCATION AND LITERACY TRAINING, AND OTHER STEPS TO BUILD COMMMUNITY PARTNERSHIPS IN ADDRESSING POVERTY AND THE INHERENT AFFECTS.
Expenses $494,600 · Grants $489,891
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Kevin StoreKEVIN STORE
EXECUTIVE DI
- Total calculated
- $182,928
- From this org
- $147,364
- From related orgs
- $0
- Other
- $35,564
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,164
- Bonus
- $4,000
- Other
- $200
- Deferred
- $13,317
- Nontaxable benefits
- $22,247
- Filer's total
- $182,928
-
Bernadette Yeoman-OuelletteBERNADETTE YEOMAN-OUELLETTE
CHAIR
- Total calculated
- $0
- Hours/week
- 2.3
-
Brent PetersonBRENT PETERSON
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Bruce RukkilaBRUCE RUKKILA
TREASURER
- Total calculated
- $0
- Hours/week
- 1.5
-
Ann Clancy-KlemmeANN CLANCY-KLEMME
SECRETARY
- Total calculated
- $0
- Hours/week
- 1.3
-
Michele BlauMICHELE BLAU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.4
-
Guy St GermainGUY ST GERMAIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.7
-
James BobulaJAMES BOBULA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.6
-
Jamey MarkhamJAMEY MARKHAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Paul OllilaPAUL OLLILA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
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 · Written employment contract
- 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
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
-
$530,107
CRISIS UNIT FUNDING
-
$224,918
GENERAL SUPPORT
-
CITY OF HOUGHTON
$139,463
TASK FORCE SUPPORT
-
$134,260
GENERAL SUPPORT
-
$132,907
RECREATIONAL SUPPORT
-
LITTLE BROTHERS FRIENDS OF THE ELDE
$124,922
FOOD SUPPORT
-
KBIC
$78,124
MEDICAL SUPPORT
-
$66,969
COVID
-
$62,263
FOOD, GENERAL
-
$51,759
GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
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.
-
3 · MEALS · MI · controlled entity
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343189349307874
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.