Michigan Peo Fund Inc
- Assets
- $164.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kalamazoo, MI
- Founding
- 02/1966
- Data as of
- 03/2022
- EIN
- 38-6107780
Organization Overview
Michigan Peo Fund Inc is located in Kalamazoo, MI. The organization was established in 1966. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Peo Fund Inc 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 03/2022, Michigan Peo Fund Inc generated $81.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $52.8k during the year ending 03/2022. While expenses have increased by 1.3% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
GRANTS TO PROVIDE FINANCIAL ASSISTANCE FOR THE ELDERLY AND OTHER PERSONS IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sylvia Arakelian President | 4 | $0 | |
Lynn Cluskey Vice President | 4 | $0 | |
Nancy Karel Treasurer | 4 | $0 | |
Kathy Sankey Secretary | 4 | $0 | |
Andrea Niehaus Director | 4 | $0 | |
Clay Dobrovolec Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,540 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,918 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $81,458 |
| 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 | $3,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,740 |
| Total expenses | $52,838 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,870 |
| Other assets | $0 |
| Total assets | $164,540 |
| Total liabilities | $0 |
| Net assets or fund balances | $164,540 |
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