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Nonprofiteer
← SAGINAW VALLEY STATE UNIVERSITY FOUNDATION

Form 990 for tax year 2023

Filed by SAGINAW VALLEY STATE UNIVERSITY FOUNDATION.

Totals

Total revenue
$9,072,449
Total expenses
$7,314,057
Contributions and grants received
$4,564,637
Grants paid
$6,041,120
Program service revenue
$0
Investment income
$4,457,054
Other revenue
$50,758
Total assets, end of year
$111,604,599
Total liabilities, end of year
$144,051
Net assets or fund balances, end of year
$111,460,548
Program services expenses (Part IX)
$6,041,120
Management and general expenses
$1,100,329
Fundraising expenses
$172,608
Program service expenses (Part III)
$6,041,120

Program services were 82.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • GEORGE GRANT JR

    FIRST VICE C

    Total calculated
    $493,969
    From this org
    $0
    From related orgs
    $429,279
    Other
    $64,690
    Hours/week
    1 + 60 related

    Schedule J breakdown matched by us

    Base
    not reported + $341,727 related
    Bonus
    not reported
    Other
    not reported + $87,552 related
    Deferred
    not reported + $39,600 related
    Nontaxable benefits
    not reported + $26,323 related
    Filer's total
    not reported + $493,969 related
  • DEBORAH R HUNTLEY

    DIRECTOR

    Total calculated
    $314,331
    From this org
    $0
    From related orgs
    $259,383
    Other
    $54,948
    Hours/week
    1 + 60 related

    Schedule J breakdown matched by us

    Base
    not reported + $245,685 related
    Bonus
    not reported
    Other
    not reported + $13,698 related
    Deferred
    not reported + $30,239 related
    Nontaxable benefits
    not reported + $25,942 related
    Filer's total
    not reported + $314,331 related
  • ELLEN E CRANE

    INTERIM EXEC

    Total calculated
    $243,908
    From this org
    $0
    From related orgs
    $191,787
    Other
    $52,121
    Hours/week
    48 + 12 related

    Schedule J breakdown matched by us

    Base
    not reported + $175,859 related
    Bonus
    not reported
    Other
    not reported + $15,928 related
    Deferred
    not reported + $22,200 related
    Nontaxable benefits
    not reported + $31,154 related
    Filer's total
    not reported + $243,908 related
  • SUSAN L CRANE

    TREASURER

    Total calculated
    $214,112
    From this org
    $0
    From related orgs
    $188,188
    Other
    $25,924
    Hours/week
    5 + 60 related

    Schedule J breakdown matched by us

    Base
    not reported + $184,624 related
    Bonus
    not reported
    Other
    not reported + $3,564 related
    Deferred
    not reported + $22,330 related
    Nontaxable benefits
    not reported + $4,827 related
    Filer's total
    not reported + $214,112 related
  • MARY ANNE ACKERMAN

    SECRETARY

    Total calculated
    $79,712
    From this org
    $0
    From related orgs
    $71,401
    Other
    $8,311
    Hours/week
    1 + 32 related
  • DAVID J ABBS

    IMMEDIATE PA

    Total calculated
    $0
    Hours/week
    1
  • DR WAHEED AKBAR

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • VICTOR H AVILES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JESSICA BENTOSKI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • SHEILDA D BRADDOCK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • SCOTT L CARMONA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • BETHANY CHARLTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • SARAH L DELAHANTY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MARY F DRAVES

    SECOND VICE

    Total calculated
    $0
    Hours/week
    1
  • ANNE H FLEGENHEIMER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • VANCE B FULTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JIMMY GREENE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • NOEL G HORNBACHER

    TREASURER

    Total calculated
    $0
    Hours/week
    5 + 60 related
  • JOHN D L HUMPHREYS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • BHUSHAN KULKARNI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JOHN M KUNITZER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • KP KARUNAKARAN MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ADELE R MARTIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • TOM NELLENBACH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • KIMBERLY A NORRIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • KENNETH G ROZNOWSKI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • VICKI L RUPP

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CASSIE JO THIERFELDER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL T TRIBBLE

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • KATIE ZEHNDER WEISS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • RAJKUMARI M WIENER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MARTHA ZEHNDER-KACZYSKI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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 III
PART I - 4B GEORGE GRANT, JR AND DEBORAH HUNTLEY PARTICIPATE IN A NONQUALIFIED DEFERRED COMPENSATION PLAN OFFERED BY SAGINAW VALLEY STATE UNIVERSITY (A RELATED ORGANIZATION). DURING CALENDAR YEAR 2023, NO ADDITIONAL AMOUNTS WERE DEFERRED UNDER THE PLAN. PAYMENTS TO PARTICIPANTS, IF ANY, WILL BE MADE AT THE COMPLETION OF THE EMPLOYMENT CONTRACT/UPON RETIREMENT. THE SVSU FOUNDATION DOES NOT HAVE ANY DIRECT EMPLOYEES. ALL INDIVIDUALS THAT WORK WITH THE SVSU FOUNDATION ARE EMPLOYED BY SAGINAW VALLEY STATE UNIVERSITY.

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

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.

Provenance

Return type
form_990
Tax year
2023
Filed
12 May 2025
IRS schema version
2023v6.0
Source object
202541359349304109

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