Great Lakes Colleges Association Inc
- Assets
- $17.9m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 6
- Location
- Ann Arbor, MI
- Founding
- 05/1962
- Data as of
- 06/2022
- EIN
- 38-1678376
Organization Overview
Great Lakes Colleges Association Inc, operating under the name Glca, is located in Ann Arbor, MI. The organization was established in 1962. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Glca employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glca 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 06/2022, Glca generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.8%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Glca has awarded 77 individual grants totaling $4,242,178. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
IN GENERAL TO PROMOTE AND CARRY ON OBJECTIVES EXCLUSIVELY OF A CHARITABLE, SCIENTIFIC, OR EDUCATIONAL NATURE, AND IN PARTICULAR, TO PROMOTE THE EDUCATIONAL ADVANCEMENT AND THE ADMINISTRATIVE EFFICIENCY OF THE MEMBER INSTITUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MELLON GLOBAL CROSSROADS GRANT - GRANT THAT SUPPORTS INCREASED GLOBALIZATION AND COLLABORATION ACROSS OUR GLCA CAMPUSES - PROVIDES FUNDING FOR GLOBAL AND INTERNATIONAL PROGRAMS FOR FACULTY AND STAFF PROFESSIONAL DEVELOPMENT, RESEARCH AND CAMPUS PROGRAMS.
OTHER PROGRAM SERVICES
GLOBAL LIBERAL ARTS ALLIANCE (GLAA) - PROGRAM THAT SUPPORTS INTERNATIONAL COURSES AND MEETINGS OF A COLLABORATIVE NATURE BETWEEN MULTIPLE GLCA AND GLAA INSTITUTIONS.
MELLON OPEN DOORS OF DIALOGUE GRANT - GRANT THAT SUPPORTS DIALOGUE BETWEEN COLLEGES AND THE COMMUNITIES OF WHICH THEY ARE A PART OF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Weinberg Chair | OfficerTrustee | 0.5 | $0 |
Sean Decatur Past Chair | OfficerTrustee | 0.5 | $0 |
Lori White Board Member | Trustee | 0.5 | $0 |
Carmen Ambar Board Member | Trustee | 0.5 | $0 |
Scott Feller Board Member | Trustee | 0.5 | $0 |
Jorge Gonzalez Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $936,113 |
| Investment income | $672,316 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,400 |
| Net Gain/Loss on Asset Sales | $468,384 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,082,213 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $120,126 |
| Grants and other assistance to domestic individuals. | $11,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $795,188 |
| Pension plan accruals and contributions | $79,407 |
| Other employee benefits | $58,129 |
| Payroll taxes | $52,174 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $170 |
| Fees for services: Other | $32,417 |
| Advertising and promotion | $0 |
| Office expenses | $2,574 |
| Information technology | $6,062 |
| Royalties | $0 |
| Occupancy | $100,967 |
| Travel | $32,687 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,956 |
| Insurance | $23,401 |
| All other expenses | $35,860 |
| Total functional expenses | $1,687,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $412,661 |
| Savings and temporary cash investments | $2,762,233 |
| Pledges and grants receivable | $69,142 |
| Accounts receivable, net | $36,163 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $27,491 |
| Net Land, buildings, and equipment | $24,429 |
| Investments—publicly traded securities | $14,545,822 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,547 |
| Total assets | $17,883,488 |
| Accounts payable and accrued expenses | $88,504 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $88,504 |
| Net assets without donor restrictions | $6,980,265 |
| Net assets with donor restrictions | $10,814,719 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,883,488 |
Grants Awarded
Over the last fiscal year, Great Lakes Colleges Association Inc has awarded $120,126 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
OHIO WESLEYAN UNIVERSITY PURPOSE: GRANTS TO PROVIDE CAMPUS RELEASE TIME FOR FACULTY LIAISONS PLUS INDIVIDUAL GRANTS TO FACULTY FOR RESEARCH &/OR TEACHING | $9,253 |
ALBION COLLEGE PURPOSE: GRANTS TO PROVIDE CAMPUS RELEASE TIME FOR FACULTY LIAISONS PLUS INDIVIDUAL GRANTS TO FACULTY FOR RESEARCH &/OR TEACHING | $90,337 |
HOPE COLLEGE PURPOSE: GRANTS TO PROVIDE CAMPUS RELEASE TIME FOR FACULTY LIAISONS PLUS INDIVIDUAL GRANTS TO FACULTY FOR RESEARCH &/OR TEACHING | $20,536 |