Skip to content
Nonprofiteer
← KEWEENAW COMMUNITY FOREST COMPANY

Form 990 for tax year 2022

Filed by KEWEENAW COMMUNITY FOREST COMPANY.

Totals

Total revenue
$333,834
Total expenses
$511,768
Contributions and grants received
$163,057
Grants paid
$263,978
Program service revenue
$0
Investment income
$34,017
Other revenue
$136,760
Total assets, end of year
$12,630,786
Total liabilities, end of year
$52,306
Net assets or fund balances, end of year
$12,578,480
Program services expenses (Part IX)
$493,077
Management and general expenses
$18,691
Fundraising expenses
$0
Program service expenses (Part III)
$493,077

Program services were 96.3% 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.

  • 1f · All other contributions, gifts and grants

    $163,057

  • 3 · Investment income

    total $34,554 · excluded $34,554

  • 7a · Gross sales of assets other than inventory

    securities $105,501 · other assets $1,908

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

    securities $107,946

  • 7c · Gain or loss

    securities -$2,445 · other assets $1,908

  • 7d · Net gain or loss

    total -$537 · excluded -$537

  • 11a · Other revenue: REIMBURSEMENT OF SERVICES

    total $134,306 · related or exempt $134,306

  • 11b · Other revenue: MECHANDISE SALES

    total $2,454 · related or exempt $2,454

  • 11e · Other revenue, total

    $136,760

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $263,978 · program services $263,978

  • 11c · Fees: accounting

    total $6,598 · management and general $6,598

  • 11g · Fees: other

    total $127,150 · program services $127,150

  • 16 · Occupancy

    total $4,916 · program services $266 · management and general $4,650

  • 23 · Insurance

    total $7,443 · management and general $7,443

  • 24a · Other expenses: PROPERTY TAXES

    total $90,264 · program services $90,264

  • 24b · Other expenses: SUPPLIES

    total $10,906 · program services $10,906

  • 24c · Other expenses: POSTAGE

    total $361 · program services $361

  • 24d · Other expenses: DUES AND FEES

    total $152 · program services $152

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $163,377 · end of year $177,390

  • 4 · Accounts receivable

    beginning of year $23,601

  • 10a · Land, buildings and equipment: cost or other basis

    $11,258,205

  • 10c · Land, buildings and equipment, net

    beginning of year $11,399,883 · end of year $11,258,205

  • 11 · Investments: publicly traded securities

    beginning of year $1,337,827 · end of year $1,195,191

  • 17 · Accounts payable and accrued expenses

    beginning of year $29,022 · end of year $29,706

  • 25 · Other liabilities

    beginning of year $22,600 · end of year $22,600

  • 27 · Net assets without donor restrictions

    beginning of year $12,504,356 · end of year $12,326,965

  • 28 · Net assets with donor restrictions

    beginning of year $368,710 · end of year $251,515

Mission and programs · 2022

Mission

OUR MISSION IS TO MANAGE THE KEWEENAW PENINSULA AS A COMMUNITY FOREST, WHICH WOULD BE SUSTAINABLE ECOLOGICALLY, ESTHETICALLY, AND FINANCIALLY FOR RESEARCH, EDUCATION, HABITAT PRESERVATION, TIMBER, JOBS, AND RECREATION.

  • MANAGEMENT OF THE KEWEENAW PENINSULA AS A COMMUNITY FOREST.

    Expenses $493,077 · Grants $263,978

As filed on the 2022 return.

Listed in Part VII

  • Gerry Anderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.47

  • David Flaspohler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.47

  • Donald G Kauppi

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    3.85

  • John Marta

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.47

  • Guy Meadows

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.47

  • Glenn Mroz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.47

  • Gina M Nicholas

    PRESIDENT /S

    Total calculated
    $0
    Hours/week
    32.7

  • James F Tercha

    TREASURER

    Total calculated
    $0
    Hours/week
    2.89

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.

Grants on this return

  • KEWEENAW COMMUNITY FOUNDATION

    $110,000

    GENERAL SUPPORT

  • KEWEENAW COUNTY

    $5,150

    CHARITABLE MISSION

  • HOUGHTON KEWEENAW CONSERVATION DIST

    no cash amount reported

    CHARITABLE MISSION

Provenance

Return type
form_990
Tax year
2022
Filed
7 July 2023
IRS schema version
2022v5.0
Source object
202302149349300205

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.