Sunset Legacy Foundation
- Assets
- $5.6m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Jenison, MI
- Founding
- 06/2012
- Data as of
- 12/2021
- EIN
- 45-3567386
Organization Overview
Sunset Legacy Foundation is located in Jenison, MI. The organization was established in 2012. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sunset Legacy 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 12/2021, Sunset Legacy Foundation generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.7% each year . All expenses for the organization totaled $4.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE FINANCIAL SUPPORT TO SUNSET MANOR, INC., A MICHIGAN NON-PROFIT CORPORATION (AND A CHARITABLE ORGANIZATION DESIGNATED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED). THIS CORPORATION WILL PROVIDE FINANCIAL SUPPORT TO ALL OF THE LIVING UNITS AND SERVICES WHICH SUNSET MANOR, INC. MAINTAINS ON BEHALF OF THE ELDERLY. THE FINANCIAL SUPPORT WILL INCLUDE, BUT NOT BE LIMITED TO: SERVICES TO ELDERLY PERSONS IN NEED OF BENEVOLENCE, CAPITAL CONSTRUCTION PROJECTS, PROGRAM DEVELOPMENT FOR THE ELDERLY, PROGRAM SUPPORT, AND ANY OTHER SUPPORT IN FURTHERANCE OF THE CHARITABLE PURPOSES OF SUNSET MANOR, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE FINANCIAL SUPPORT TO SUNSET MANOR, INC., A MICHIGAN NON-PROFIT CORPORATION (AND A CHARITABLE ORGANIZATION DESIGNATED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED). THIS CORPORATION WILL PROVIDE FINANCIAL SUPPORT TO ALL OF THE LIVING UNITS AND SERVICES WHICH SUNSET MANOR, INC. MAINTAINS ON BEHALF OF THE ELDERLY. THE FINANCIAL SUPPORT WILL INCLUDE, BUT NOT BE LIMITED TO: SERVICES TO ELDERLY PERSONS IN NEED OF BENEVOLENCE, CAPITAL CONSTRUCTION PROJECTS, PROGRAM DEVELOPMENT FOR THE ELDERLY, PROGRAM SUPPORT, AND ANY OTHER SUPPORT IN FURTHERANCE OF THE CHARITABLE PURPOSES OF SUNSET MANOR, INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Bossenbroek Treasurer | OfficerTrustee | 0.1 | $0 |
Lori Vanderslik Secretary | OfficerTrustee | 0.1 | $0 |
Alden Jelsema Chairman | OfficerTrustee | 0.1 | $0 |
Steve Zuiderveen Director - Partial Year | Trustee | 0.1 | $0 |
David Miedema Director | Trustee | 0.1 | $0 |
Randy Goodyke Director | Trustee | 0.1 | $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 | $561,897 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $561,897 |
| Total Program Service Revenue | $0 |
| Investment income | $115,072 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,780,517 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,457,486 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,723,649 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $245,766 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,712 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $5,562 |
| Fees for services: Investment Management | $47,755 |
| Fees for services: Other | $13,136 |
| Advertising and promotion | $35,003 |
| Office expenses | $16,219 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,000 |
| Travel | $52 |
| 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 | $0 |
| Insurance | $4,440 |
| All other expenses | $0 |
| Total functional expenses | $4,151,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $287,311 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34,975 |
| 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 | $4,449 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,309,503 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,636,238 |
| Accounts payable and accrued expenses | $701 |
| 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 | $701 |
| Net assets without donor restrictions | $5,635,537 |
| Net assets with donor restrictions | $0 |
| 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 | $5,636,238 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sunset Legacy Foundation has recieved totaling $30,137.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $30,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $137 |
Endowment Analysis
| Beg. Balance | $820,475 |
| Earnings | $74,713 |
| Admin Expense | $67,223 |
| Net Contributions | $441,010 |
| Ending Balance | $1,268,975 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Masonic Home Foundation Incorporated Indianapolis, IN | $99,812,829 | $12,316,628 |
Jewish Home And Care Center Foundation Inc Milwaukee, WI | $195,682,199 | $22,064,054 |
Sisters Of Charity Foundation Of Canton Cleveland, OH | $111,250,604 | $3,627,612 |
Enterprise Zone Education And Training Center Corporation Evansville, IN | $4,249,617 | $5,412,109 |
Early Childhood Resource Center Cleveland, OH | $3,858,809 | $4,039,118 |
Sunset Legacy Foundation Jenison, MI | $5,636,238 | $2,457,486 |
Green Hills Foundation West Liberty, OH | $7,049,726 | $3,722,965 |
Leader Dogs For The Blind Foundation Rochester Hills, MI | $71,517,820 | $5,571,378 |
Episcopal Retirement Services Foundation Cincinnati, OH | $67,757,663 | $1,625,234 |
Damar Foundation Inc Indianapolis, IN | $59,448,355 | $4,890,477 |
Foundation For Lutheran Child And Family Services Indiana Inc Indianapolis, IN | $66,891,631 | $17,990,670 |
Haven Foundation Pontiac, MI | $9,674,256 | $1,436,922 |