Totals
- Total revenue
- $132,031
- Total expenses
- $131,565
- Contributions and grants received
- $123,330
- Grants paid
- $0
- Program service revenue
- $8,405
- Investment income
- $296
- Other revenue
- $0
- Total assets, end of year
- $43,312
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $43,312
- Program services expenses (Part IX)
- $129,388
- Management and general expenses
- $2,177
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $129,388
Program services were 98.3% 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.
-
1b · Membership dues
$6,204
-
1e · Government grants (contributions)
$88,408
-
1f · All other contributions, gifts and grants
$28,718
-
2a · Program service revenue: SPONSORSHIPS
total $8,405 · related or exempt $8,405
-
3 · Investment income
total $296 · related or exempt $296
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $62,084 · program services $62,084
-
11c · Fees: accounting
total $2,177 · management and general $2,177
-
12 · Advertising and promotion
total $3,428 · program services $3,428
-
13 · Office expenses
total $381 · program services $381
-
14 · Information technology
total $2,346 · program services $2,346
-
23 · Insurance
total $1,580 · program services $1,580
-
24a · Other expenses: GRANT SPECIFIC EXPENSES
total $43,590 · program services $43,590
-
24b · Other expenses: MEMBERSHIP SERVICES
total $12,760 · program services $12,760
-
24c · Other expenses: EVENTS
total $3,219 · program services $3,219
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $42,326 · end of year $38,347
-
4 · Accounts receivable
beginning of year $520 · end of year $4,965
-
27 · Net assets without donor restrictions
beginning of year $42,846 · end of year $43,312
Mission and programs · 2025
Mission
TO PROMOTE ECONOMIC DEVELOPMENT IN IOSCO COUNTY, MICHIGAN.
-
PROVIDED ECONOMIC DEVELOPMENT ASSISTANCE FOR ENTITIES IN IOSCO COUNTY, MICHIGAN.
Expenses $129,388 · Revenue $8,701
As filed on the 2025 return.
Listed in Part VII
-
GLORIA BROOKS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JAMES CAIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
SARAH COFFIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
STEPHANIE DILLON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
SAMANTHA DUVALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
NANCY HOWSE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
PAM O'LAUGHLIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JENNIFER RIGGS
EXECUTIVE DI
- Total calculated
- $0
- Hours/week
- 40
-
RICH CASTLE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
FRANCES OMMANI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
SCOTT PETERS
TREASURER
- Total calculated
- $0
- Hours/week
- 8
-
CHRISTINE YOUNG
SECRETARY
- Total calculated
- $0
- Hours/week
- 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 22 February 2026
- IRS schema version
- 2025v4.0
- Source object
- 202640759349301614
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.