Southeastern Michigan Chapter N & R
- Assets
- $595.0k
- Revenue
- $156.6k
- Investments
- $583.3k
- Employees
- 0
- Location
- Troy, MI
- Founding
- 03/2004
- Data as of
- 12/2022
- EIN
- 30-0134735
Organization Overview
Southeastern Michigan Chapter N & R is located in Troy, MI. The organization was established in 2004. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southeastern Michigan Chapter N & R is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Southeastern Michigan Chapter N & R generated $156.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $121.8k during the year ending 12/2022. While expenses have increased by 10.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Southeastern Michigan Chapter N & R has awarded 29 individual grants totaling $126,814. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Hillock Director | 0.25 | $0 | |
John Fulgenzi Director | 0.25 | $0 | |
Mark Stasa Director | 0.25 | $0 | |
Robert Marsh President | 0.25 | $0 | |
Thomas Mittelbrun III Secretary | 0.25 | $0 | |
Sam Eillison Treasurer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150,088 |
| Interest on Savings | $6 |
| Dividends & Interest | $15,219 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$20,078 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,380 |
| Total Revenue | $156,615 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $205 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,146 |
| Other expenses | $73,862 |
| Total operating and administrative expenses | $80,758 |
| Contributions, gifts, grants paid | $41,000 |
| Total expenses and disbursements | $121,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,701 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $594,965 |
| 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, Southeastern Michigan Chapter N & R has awarded $41,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL MICHIGAN UNVERSITY PURPOSE: SCHOLARSHIP | $4,000 |
FERRIS STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $2,500 |
GRAND VALLEY STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $2,500 |
KETTERING UNIVERSITY PURPOSE: SCHOLARSHIP | $10,000 |
MICHIGAN STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $1,500 |
MICHIGAN TECH UNIVERSITY PURPOSE: SCHOLARSHIP | $10,000 |