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STIMULATION OF ECONOMIC DEVELOPMENT THROUGHOUT THE STATE OF MICHIGAN BY PROMOTING AND ASSISTING GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS BY OFFERING FIXED ASSET FINANCING THROUGH THE SMALL BUSINESS ADMINISTRATION'S 504 LOAN PROGRAM.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$2.5M
Program Spending
89%
of total expenses go to program services
Total Contributions
$0
Total Expenses
▼$1.7M
Total Assets
$5.1M
Total Liabilities
▼$222.7K
Net Assets
$4.8M
Officer Compensation
→$220K
Other Salaries
$896.7K
Investment Income
$451.9K
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Not confirmed
No additional tax-exempt status records found in ReconForce's database.
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $2.5M | $0 | $1.7M | $5.1M | $4.8M |
| 2022 | $1.7M | $0 | $1.9M | $3.9M | $3.6M |
| 2021 | $1.5M | $0 | $1.5M | $4.4M | $3.7M |
| 2020 | $4.1M | $0 | $1.6M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
| Total |
|---|
| Julie Parker | President | 40 | $220K | $0 | $0 | $220K |
| Craig Oosterhouse | Vice Chairman | 1 | $0 | $0 | $0 | $0 |
| Stacey Stephens | Secretary | 1 | $0 | $0 | $0 | $0 |
| Kara Wood | Treasurer | 1 | $0 | $0 | $0 | $0 |
| Dave Dupon | Chairman | 1 | $0 | $0 | $0 | $0 |
Julie Parker
President
$220K
Hrs/Wk
40
Compensation
$220K
Related Orgs
$0
Other
$0
Craig Oosterhouse
Vice Chairman
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Stacey Stephens
Secretary
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kara Wood
Treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Dave Dupon
Chairman
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Amanda Murray | Trustee | 1 | $0 | $0 | $0 | $0 |
| Mike Vanommen | Trustee | 1 | $0 | $0 | $0 | $0 |
| Rob Robbins | Trustee | 1 | $0 | $0 | $0 | $0 |
| Wendy Timmins | Trustee | 1 | $0 | $0 | $0 | $0 |
Amanda Murray
Trustee
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mike Vanommen
Trustee
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Rob Robbins
Trustee
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $3.9M |
| $3.7M |
| 2019 | $1.4M | $0 | $1.2M | $1.4M | $1.2M |
| 2018 | $1.3M | $0 | $1.2M | $1.1M | $1M |
| 2017 | $1.1M | $0 | $1M | $1M | $870.5K |
| 2016 | $203.5K | $0 | $211.5K | $871.4K | $782.1K |
| 2015 | $896.9K | $0 | $838.3K | $896.6K | $801.2K |
| 2014 | $877.6K | $0 | $851.2K | $842.4K | $742.6K |
| 2013 | $845.3K | $0 | $844.5K | $794.6K | $716.2K |
| 2012 | $738.3K | $0 | $788.3K | $759.7K | $715.3K |
| 2011 | $554.4K | $0 | $653.3K | $851.8K | $765.4K |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990-EZ | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
Wendy Timmins
Trustee
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0