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Nonprofiteer
← COMMUNITY FOUNDATION OF THE UPPER PENINSULA

Form 990 for tax year 2024

Filed by COMMUNITY FOUNDATION OF THE UPPER PENINSULA.

Totals

Total revenue
$4,232,221
Total expenses
$3,323,728
Contributions and grants received
$1,884,251
Grants paid
$1,755,089
Program service revenue
$550,651
Investment income
$1,669,029
Other revenue
$128,290
Total assets, end of year
$39,672,025
Total liabilities, end of year
$2,360,216
Net assets or fund balances, end of year
$37,311,809
Program services expenses (Part IX)
$2,739,204
Management and general expenses
$308,491
Fundraising expenses
$276,033
Program service expenses (Part III)
$2,739,204

Program services were 82.4% 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)

    $112,580

  • 1f · All other contributions, gifts and grants

    $1,771,671

  • 1g · Noncash contributions included above

    $43,406

  • 2a · Program service revenue: ADMINISTRATIVE FEE INCOME

    total $504,310 · related or exempt $504,310

  • 2b · Program service revenue: REGISTRATION FEE INCOME

    total $46,341 · related or exempt $46,341

  • 3 · Investment income

    total $1,410,545 · excluded $1,410,545

  • 7a · Gross sales of assets other than inventory

    securities $7,653,930

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

    securities $7,395,446

  • 7c · Gain or loss

    securities $258,484

  • 7d · Net gain or loss

    total $258,484 · related or exempt $258,484

  • 8a · Fundraising events: gross income

    $96,729

  • 8b · Fundraising events: direct expenses

    $72,725

  • 8c · Net income from fundraising events

    total $24,004

  • 11a · Other revenue: REIMB FOR SOFTWARE USAGE

    total $104,286 · related or exempt $104,286

  • 11e · Other revenue, total

    $104,286

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,542,026 · program services $1,542,026

  • 2 · Grants to domestic individuals

    total $213,063 · program services $213,063

  • 5 · Compensation of officers, directors and key employees

    total $95,219 · program services $33,326 · management and general $28,566 · fundraising $33,327

  • 7 · Other salaries and wages

    total $362,770 · program services $237,324 · management and general $68,854 · fundraising $56,592

  • 9 · Other employee benefits

    total $20,117 · program services $13,161 · management and general $3,818 · fundraising $3,138

  • 10 · Payroll taxes

    total $35,691 · program services $23,349 · management and general $6,774 · fundraising $5,568

  • 11a · Fees: management

    total $469,872 · program services $288,635 · management and general $93,975 · fundraising $87,262

  • 11c · Fees: accounting

    total $32,555 · program services $20,019 · management and general $6,500 · fundraising $6,036

  • 11f · Fees: investment management

    total $145,612 · program services $89,447 · management and general $29,122 · fundraising $27,043

  • 12 · Advertising and promotion

    total $21,304 · program services $13,090 · management and general $4,259 · fundraising $3,955

  • 13 · Office expenses

    total $27,842 · program services $17,102 · management and general $5,569 · fundraising $5,171

  • 14 · Information technology

    total $53,032 · program services $32,620 · management and general $10,584 · fundraising $9,828

  • 16 · Occupancy

    total $11,200 · program services $6,880 · management and general $2,240 · fundraising $2,080

  • 17 · Travel

    total $18,279 · program services $11,228 · management and general $3,656 · fundraising $3,395

  • 19 · Conferences, conventions and meetings

    total $2,196 · program services $1,349 · management and general $439 · fundraising $408

  • 22 · Depreciation, depletion and amortization

    total $7,868 · program services $4,833 · management and general $1,574 · fundraising $1,461

  • 23 · Insurance

    total $10,320 · program services $6,352 · management and general $2,057 · fundraising $1,911

  • 24a · Other expenses: OTHER OPERATING EXPENSES

    total $112,259 · program services $73,710 · management and general $24,527 · fundraising $14,022

  • 24b · Other expenses: CHILD ADVOCACY PROG. EXP.

    total $62,616 · program services $62,616

  • 24c · Other expenses: YOUTH PROGRAM EXPENSE

    total $36,686 · program services $22,536 · management and general $7,337 · fundraising $6,813

  • 24d · Other expenses: REPAIR AND MAINTENANCE

    total $17,575 · program services $10,796 · management and general $3,515 · fundraising $3,264

  • 24e · All other expenses

    total $25,626 · program services $15,742 · management and general $5,125 · fundraising $4,759

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $24,795 · end of year $24,563

  • 2 · Savings and temporary cash investments

    beginning of year $5,267,556 · end of year $5,340,373

  • 3 · Pledges and grants receivable

    beginning of year $25,374 · end of year $27,886

  • 4 · Accounts receivable

    beginning of year $1,596 · end of year $3,023

  • 9 · Prepaid expenses and deferred charges

    beginning of year $34,564 · end of year $36,488

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

    $419,141

  • 10b · Land, buildings and equipment: accumulated depreciation

    $187,225

  • 10c · Land, buildings and equipment, net

    beginning of year $239,785 · end of year $231,916

  • 11 · Investments: publicly traded securities

    beginning of year $29,899,523 · end of year $32,869,079

  • 15 · Other assets

    beginning of year $1,636,442 · end of year $1,138,697

  • 17 · Accounts payable and accrued expenses

    beginning of year $14,853 · end of year $13,601

  • 18 · Grants payable

    beginning of year $23,195 · end of year $5,003

  • 19 · Deferred revenue

    end of year $50,000

  • 25 · Other liabilities

    beginning of year $2,204,916 · end of year $2,291,612

  • 27 · Net assets without donor restrictions

    beginning of year $3,544,068 · end of year $3,743,988

  • 28 · Net assets with donor restrictions

    beginning of year $31,342,603 · end of year $33,567,821

Mission and programs · 2024

Mission

TO RECEIVE AND ADMINISTER CHARITABLE ENDOWMENT FUNDS FOR THE BENEFIT OF THE RESIDENTS OF THE UPPER PENINSULA OF MICHIGAN AND TO PROVIDE ADMINISTRATIVE, COMMUNICATION AND OTHER SUPPORT TO AFFILIATE MEMBERS AND OTHER COMMUNITY FOUNDATIONS.

  • DIRECT GRANTS FOR VARIOUS PURPOSES TO OTHER 501(C)(3) ORGANIZATIONS SERVING THE UPPER PENINSULA OF MICHIGAN AND SCHOLARSHIPS TO STUDENTS.

    Expenses $1,755,089 · Grants $1,755,089

  • PROVIDE ADMINISTRATIVE SUPPORT INCLUDING MARKETING AND ACCOUNTING SERVICES TO OTHER AREA COMMUNITY FOUNDATIONS

    Expenses $984,115

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Cheryl Andzejewski

    PRESIDENT/CE

    Total calculated
    $95,219
    From this org
    $95,219
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Mary Bowerman

    TRUSTEE

    Total calculated
    $0

  • Suzette Carberry

    TRUSTEE

    Total calculated
    $0

  • Nick Chenier

    TRUSTEE

    Total calculated
    $0

  • Kenneth Drenth

    TRUSTEE

    Total calculated
    $0

  • Peter Everson

    TRUSTEE

    Total calculated
    $0

  • Chari Fischer

    TRUSTEE

    Total calculated
    $0

  • Kristen MacArthur

    TRUSTEE

    Total calculated
    $0

  • David Schaaf

    ADVISOR

    Total calculated
    $0

  • Velda Sclafani

    TRUSTEE

    Total calculated
    $0

  • Alyssa Swanson

    TRUSTEE

    Total calculated
    $0

  • Jan Tabor

    TRUSTEE

    Total calculated
    $0

  • Robert Vandamme

    TRUSTEE

    Total calculated
    $0

  • Charlie Becker

    SECRETARY/TR

    Total calculated
    $0

  • Bill Inman

    CO-CHAIR

    Total calculated
    $0

  • Todd Lysinger

    CO-VICE CHAI

    Total calculated
    $0

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

  • ALL OTHERS LESS THAN 5000

    $508,061

  • CITY OF GLADSTONE

    $155,380

    CHARITABLE

  • BAY DE NOC COMMUNITY COLLEGE

    $64,798

    EDUCATION

  • U OF M MEDICAL SCHOOL

    $46,960

    EDUCATION

  • BONIFAS FINE ARTS CENTER

    $31,223

    CHARITABLE

  • OSF ST FRANCIS FOUNDATION

    $25,500

    CHARITABLE

  • DELTA ANIMAL SHELTER

    $24,784

    CHARITABLE

  • MID PENINSULA SCHOOL DISTRICT

    $23,893

    EDUCATION

  • LES CHENEAUX CULINARY SCHOOL

    $23,550

    EDUCATIONAL

  • FORD RIVER TOWNSHIP

    $23,456

    CHARITABLE

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.

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.0
Source object
202513189349312236

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

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