Local 17 Foundation
- Assets
- $16.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Southfield, MI
- Founding
- 02/2009
- Data as of
- 06/2023
- EIN
- 35-2257624
Organization Overview
Local 17 Foundation is located in Southfield, MI. The organization was established in 2009. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local 17 Foundation 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 06/2023, Local 17 Foundation generated $12.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $4.8k during the year ending 06/2023. While expenses have increased by 4.2% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION ASSISTS PEOPLE IN THEIR COMMUNITY WHO THROUGH NO FAULT OF THEIR OWN, HAVE LOST THEIR JOB AND ARE HAVING DIFFICULTY SUPPORTING THEIR FAMILY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen Schroeder Treas/direct | 1 | $0 | |
Charles D Dortenzio Secretary/di | 1 | $0 | |
James Shaw Chairman | 1 | $0 | |
Tom Ford Director | 1 | $0 | |
Winston Likert Director | 1 | $0 | |
Mike Kozlowski Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,015 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,143 |
| Other Revenue | $0 |
| Total Revenue | $12,158 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,750 |
| Total expenses | $4,750 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,043 |
| Other assets | $0 |
| Total assets | $16,043 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,043 |