Presque Isle Electric & Gas Communities First Fund
- Assets
- $111.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Onaway, MI
- Founding
- 12/1997
- Data as of
- 12/2021
- EIN
- 38-3375631
Organization Overview
Presque Isle Electric & Gas Communities First Fund is located in Onaway, MI. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Presque Isle Electric & Gas Communities First Fund 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 12/2021, Presque Isle Electric & Gas Communities First Fund generated $63.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $51.7k during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gloria Adrian Director | 0 | $0 | |
Naomi Deo Vice Chairpe | 0 | $0 | |
Daryln Barton Chairperson | 0 | $0 | |
Ann Douglas Director | 0 | $0 | |
Peter Redmond Director | 0 | $0 | |
Diane Lewis Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,983 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $101 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,084 |
| 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 | $2,850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,578 |
| Total expenses | $51,681 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,448 |
| Other assets | $0 |
| Total assets | $111,853 |
| Total liabilities | $0 |
| Net assets or fund balances | $111,853 |
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Wing Shadow Foundation Ada, MI | $89,908,464 | $23,772,931 |
Scripps-Howard Foundation Cincinnati, OH | $57,417,924 | $12,029,094 |
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Carls Foundation Bloomfield Hills, MI | $120,507,770 | $14,280,001 |
The David And Carol Van Andel Family Foundation Grand Rapids, MI | $107,851,670 | $8,218,571 |
Christ Cares For Kids Foundation Traverse City, MI | $46,569,965 | $9,675,626 |
James J And Joan A Gardner Family Foundation Cincinnati, OH | $68,091,187 | $14,231,664 |