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THE MICHIGAN WOMENS FOUNDATION

EIN 38-2689979 DETROIT, MI

Revenue 2024
$4,445,144
Expenses 2024
$4,422,055

Program services were 78.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S43
Classification
1000
Street
1155 BREWER PARK BLVD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

MWF IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION WHOSE MISSION IS TO EXPAND ECONOMIC OPPORTUNITY FOR WOMEN AND ENTREPRENEURS OF COLOR BY PROVIDING ACCESS TO CAPITAL AND BUSINESS RESOURCES. MWF CELEBRATES OUTSTANDING WOMEN BY HONORING THEIR LEADERSHIP CONTRIBUTIONS TO THE COMMUNITY, ECONOMY, AND OUR STATE.

Activities or mission (Part I)

MWF IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION WHOSE MISSION IS TO EXPAND ECONOMIC OPPORTUNITY FOR WOMEN AND ENTREPRENEURS OF COLOR BY PROVIDING ACCESS TO CAPITAL AND BUSINESS RESOURCES. MWF CELEBRATES OUTSTANDING MICHIGAN WOMEN BY HONORING THEIR LEADERSHIP CONTRIBUTIONS TO THE COMMUNITY, ECONOMY, AND OUR STATE. MWF'S VISION IS TO CREATE AN INCLUSIVE ECONOMY FOR THE STATE OF MICHIGAN WHERE WOMEN AND PEOPLE OF COLOR CAN CREATE VIABLE BUSINESSES THAT BUILD LONG-TERM SUSTAINABLE WEALTH.

  • ENTREPRENEURSHIP - INCLUDES PITCH COMPETITIONS, LENDING, PRE- AND POST- LENDING TRAINING, COACHING AND FACILITATION. THE NON-LENDING ACTIVITIES OF ENTREPRENEURSHIP ARE DESIGNED TO INTRODUCE THE BASICS OF STARTING AND BUILDING A BUSINESS. LENDING IS A FINANCING PROGRAM AVAILABLE TO ENTREPRENEURS AND SMALL BUSINESS OWNERS FOR UP TO $50,000. AS A CDFI, MWF TARGETS LOW TO MODERATE INCOME INDIVIDUALS, AFRICAN AMERICAN ENTREPRENEURS AND BUSINESS OWNERS WHO CONDUCT BUSINESS IN QUALIFYING INVESTMENT AREAS IN MICHIGAN AS DEFINED BY THE CDFI.

    Expenses $3,389,697 · Grants $200,925 · Revenue $357,354

  • ALL OTHER PROGRAMS - THIS PROGRAM IS MADE UP OF VARIOUS SMALL OTHER PROGRAMS THE ORGANIZATION CONDUCTS SUCH AS SHOWCASING THE NAMES AND STORIES OF WOMEN WHO HELPED SHAPED THE HISTORY OF MICHIGAN.

    Expenses $66,557

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

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Carolyn Cassin

    PRESIDENT & CEO

    Total calculated
    $298,674
    From this org
    $288,198
    From related orgs
    $0
    Other
    $10,476
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $249,573
    Bonus
    $22,625
    Other
    $16,000
    Deferred
    $8,064
    Nontaxable benefits
    $2,412
    Filer's total
    $298,674
  • Kelly Springer

    CHAIR

    Total calculated
    $0
    Hours/week
    3
  • Regine Beauboeuf

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Teresa Bingman

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Dawn Tylkowski

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Tonya Wells

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Alyse Martinelli

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Denise Quarles

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Eleanor Walker

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Inderpal Deol

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jessica Hayes-Stallings

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Julie Hegedus

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Julie Hollinshead

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Kerri Miller

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Kim Kersten

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Kimle Nailer

    TRUSTEE (TERM 02/2025)

    Total calculated
    $0
    Hours/week
    1
  • Nancy Moody

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Rebecca Guerriero

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Sarah Earley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Stephanie Naito

    TRUSTEE (TERM 01/2025)

    Total calculated
    $0
    Hours/week
    1
  • Tiffany Albert

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Allyson Boyle

    CHIEF FINANCIAL OFFICER

    Total calculated
    $224,250
    From this org
    $209,544
    From related orgs
    $0
    Other
    $14,706
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $176,947
    Bonus
    $32,597
    Other
    $0
    Deferred
    $5,892
    Nontaxable benefits
    $8,814
    Filer's total
    $224,250

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $4,445,144
    Expenses
    $4,422,055
    Contributions
    $3,681,468
    Grants paid
    $200,925
  • 2023
    Revenue
    $4,227,695
    Expenses
    $3,008,686
    Contributions
    $3,521,406
    Grants paid
    $181,718
  • 2022
    Revenue
    $4,075,099
    Expenses
    $3,410,744
    Contributions
    $3,174,154
    Grants paid
    $217,100

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $2,557,642
    Expenses
    $2,744,229
    Assets (EOY)
    $9,039,514
  • 2020 · 990

    Revenue
    $3,910,917
    Expenses
    $2,980,559
    Assets (EOY)
    $7,113,651
  • 2019 · 990

    Revenue
    $2,424,596
    Expenses
    $3,056,206
    Assets (EOY)
    $6,896,782
  • 2018 · 990

    Revenue
    $2,422,564
    Expenses
    $1,984,907
    Assets (EOY)
    $6,023,372
  • 2017 · 990

    Revenue
    $2,457,383
    Expenses
    $2,701,529
    Assets (EOY)
    $4,410,111
  • 2016 · 990

    Revenue
    $1,703,828
    Expenses
    $1,658,441
    Assets (EOY)
    $3,367,870
  • 2015 · 990

    Revenue
    $1,723,339
    Expenses
    $1,472,879
    Assets (EOY)
    $2,831,215
  • 2014 · 990

    Revenue
    $1,932,011
    Expenses
    $1,576,403
    Assets (EOY)
    $1,987,501
  • 2013 · 990

    Revenue
    $1,007,668
    Expenses
    $852,109
    Assets (EOY)
    $1,395,057
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $614,252
    Assets (EOY)
    $1,156,301

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.