Northland Foundation Inc

Organization Overview

Northland Foundation Inc is located in Marinette, WI. The organization was established in 1983. According to its NTEE Classification (E90) the organization is classified as: Nursing, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northland Foundation 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 12/2023, Northland Foundation Inc generated $32.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (25.8%) each year. All expenses for the organization totaled $41.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

INVESTMENT MANAGEMENT FOR RELATED ORGANIZATIONS OFFERING GRANTS FROM INVESTMENT EARNINGS TO SUBSIDIZE RELATED ORGANIZATIONS AND THEIR PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED FUNDING TO RELATED ORGANIZATIONS FOR CAPITAL PURCHASES.


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Board, Officers & Key Employees

Name (title)Compensation
Karen Kolstad
Chairperson
$0
Arthur Lewis
Vice Chairperson
$0
James Porras
Secretary
$0
Darrell Lancour
CEO
$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$1,085
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,085
Total Program Service Revenue$0
Investment income $22,972
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $7,855
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $32,915

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