Loading organization details...
Loading organization details...
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$518.1K
Program Spending
86%
of total expenses go to program services
Total Contributions
$419.3K
Total Expenses
▼$463.8K
Total Assets
$492.1K
Total Liabilities
▼$105.7K
Net Assets
$386.4K
Officer Compensation
→$90.5K
Other Salaries
$222.6K
Investment Income
$8,235
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$83K
Awards Found
3
| Awarding Agency | Description | Amount | Fiscal Year | Period |
|---|---|---|---|---|
| Department of Commerce | SMALL BUS. INCUBATOR PRG | $50K | FY2010 | Mar 2010 – Sep 2011 |
| Department of Agriculture | RURAL BUSINESS ENTERPRISE GRANTS | $33K | FY2009 | Jul 2009 – Jul 2009 |
| Department of Commerce | THIS EDA ECONOMIC ADJUSTMENT ASSISTANCE AWARD WILL HELP THE NORTHERN LAKES ECONOMIC ALLIANCE CREATE A NEW REVOLVING LOAN FUND TO SERVE ANTRIM, CHARLEVOIX, CHEBOYGAN, AND EMMET COUNTIES. THE 2006 DECOMMISSIONING OF THE BIG ROCK POINT NUCLEAR POWER PLANT RESULTED IN LONG-TERM HIGH UNEMPLOYMENT AND THE NEED FOR NEW SOURCES OF JOB CREATION. NUMEROUS APPLICATIONS FOR LOANS IN ALL FOUR COUNTIES CONVINCED LOCAL LEADERS OF THE NEED TO SUPPORT ACCESS TO CAPITAL IN THE REGION, SO ENTREPRENEURS AND SMALL BUSINESSES CAN BE A SOURCE OF NEW JOBS. THE NEW EDA-FUNDED $500,000 FUND IS EXPECTED TO HELP CREATE 17 NEW JOBS AND GENERATE $1.2 MILLION IN PRIVATE INVESTMENT. | $0 | FY2023 | Sep 2023 – Sep 2026 |
Department of Commerce
$50K
SMALL BUS. INCUBATOR PRG
Department of Agriculture
$33K
RURAL BUSINESS ENTERPRISE GRANTS
Department of Commerce
$0
THIS EDA ECONOMIC ADJUSTMENT ASSISTANCE AWARD WILL HELP THE NORTHERN LAKES ECONOMIC ALLIANCE CREATE A NEW REVOLVING LOAN FUND TO SERVE ANTRIM, CHARLEVOIX, CHEBOYGAN, AND EMMET COUNTIES. THE 2006 DECOMMISSIONING OF THE BIG ROCK POINT NUCLEAR POWER PLANT RESULTED IN LONG-TERM HIGH UNEMPLOYMENT AND THE NEED FOR NEW SOURCES OF JOB CREATION. NUMEROUS APPLICATIONS FOR LOANS IN ALL FOUR COUNTIES CONVINCED LOCAL LEADERS OF THE NEED TO SUPPORT ACCESS TO CAPITAL IN THE REGION, SO ENTREPRENEURS AND SMALL BUSINESSES CAN BE A SOURCE OF NEW JOBS. THE NEW EDA-FUNDED $500,000 FUND IS EXPECTED TO HELP CREATE 17 NEW JOBS AND GENERATE $1.2 MILLION IN PRIVATE INVESTMENT.
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: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $518.1K | $419.3K | $463.8K | $492.1K | $386.4K |
| 2022 | $444.1K | $384.3K | $452.9K | $533.4K | $421.1K |
| 2021 | $430K | $305.8K | $426.5K | $510.9K | $416.4K |
| 2020 | $554.2K | $386.1K |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Payton Heins | President | 40 | $74.3K | $0 | $0 | $74.3K |
| Jeff Lawson | Secretary | 1 | $0 | $0 | $0 | $0 |
| Thomas Davidson | Treasurer | 1 | $0 | $0 | $0 | $0 |
| Carlin Smith | Board Chair | 1 | $0 | $0 | $0 | $0 |
| Dave Cluley | Vice Chair | 1 | $0 | $0 | $0 | $0 |
| Jim Rummer | Past Chair | 1 | $0 | $0 | $0 | $0 |
Payton Heins
President
$74.3K
Hrs/Wk
40
Compensation
$74.3K
Related Orgs
$0
Other
$0
Jeff Lawson
Secretary
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Thomas Davidson
Treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Carlin Smith
Board Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Dave Cluley
Vice Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jim Rummer
Past Chair
$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 |
|---|---|---|---|---|---|---|
| Adam Koivisto | Director | 1 | $0 | $0 | $0 | $0 |
| Bill Marshall | Director | 1 | $0 | $0 | $0 | $0 |
| Chris Hackbarth | Director | 1 | $0 | $0 | $0 | $0 |
| David Boyer | Director | 1 | $0 | $0 | $0 | $0 |
| David Roland Finley Phd | Director | 1 | $0 | $0 | $0 | $0 |
| Dawn Bodnar | Director |
Adam Koivisto
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Bill Marshall
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Chris Hackbarth
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $529.6K |
| $541.6K |
| $413K |
| 2019 | $547.9K | $344.7K | $671.9K | $509.3K | $388.4K |
| 2018 | $660.9K | $470.7K | $619.5K | $595.1K | $512.4K |
| 2017 | $615.7K | $471.3K | $519.4K | $543.6K | $473.3K |
| 2016 | $552.4K | $455.8K | $496.4K | $391.5K | $377K |
| 2015 | $477.9K | $439.2K | $467.7K | $334.3K | $308.4K |
| 2014 | $476.6K | $446.7K | $427.7K | $307.6K | $298.1K |
| 2013 | $460.8K | $440K | $432K | $254.9K | $250.8K |
| 2012 | $485.2K | $447K | $505.6K | $237.8K | $222K |
| 2011 | $596.4K | $537.5K | $563.1K | $248.8K | $242.5K |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 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 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Dawn Lavanway | Director | 1 | $0 | $0 | $0 | $0 |
| George Ranville | Director | 1 | $0 | $0 | $0 | $0 |
| Jeremy Scott | Director | 1 | $0 | $0 | $0 | $0 |
| Juliette King Mcavoy | Director | 1 | $0 | $0 | $0 | $0 |
| Kevin Shepard | Director | 1 | $0 | $0 | $0 | $0 |
| Kimberlee Pappas | Director | 1 | $0 | $0 | $0 | $0 |
| Mark Heydlauff | Director | 1 | $0 | $0 | $0 | $0 |
| Nancy K Lindsay | Director | 1 | $0 | $0 | $0 | $0 |
| Nate Swailes | Director | 1 | $0 | $0 | $0 | $0 |
| Neil Ahrens | Director | 1 | $0 | $0 | $0 | $0 |
| Robert Jess | Director | 1 | $0 | $0 | $0 | $0 |
| Taylar Sides | Director | 1 | $0 | $0 | $0 | $0 |
David Boyer
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
David Roland Finley Phd
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Dawn Bodnar
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Dawn Lavanway
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
George Ranville
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jeremy Scott
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Juliette King Mcavoy
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kevin Shepard
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kimberlee Pappas
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mark Heydlauff
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Nancy K Lindsay
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Nate Swailes
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Neil Ahrens
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Robert Jess
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Taylar Sides
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0