Stephen M Coffman Ins Tr 08292005
- Assets
- $149.2k
- Revenue
- $5.1k
- Investments
- $140.9k
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 26-6582528
Organization Overview
Stephen M Coffman Ins Tr 08292005 is located in Grand Rapids, MI. The organization was established in 0000. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations.
For the year ending 12/2022, Stephen M Coffman Ins Tr 08292005 generated $5.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (30.7%) each year. All expenses for the organization totaled $4.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (35.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $20 |
| Dividends & Interest | $3,727 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,348 |
| Capital Gain Net Income | $1,348 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,095 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,385 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,172 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $4,172 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,295 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $140,934 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $149,229 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Stephen M Coffman Ins Tr 08292005 has awarded $225,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN BRAIN TUMOR ASSOCIATION PURPOSE: SUPPORT MEDICAL RESEARCH INTO BRAIN TUMORS | $25,000 |
NORTHWESTERN UNIVERSITY PURPOSE: SUPPORT UNIVERSITY | $200,000 |