Chemical Bank Foundation
- Assets
- $0.0
- Revenue
- $664.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Midland, MI
- Founding
- Data as of
- 12/2017
- EIN
- 46-2220813
Organization Overview
Chemical Bank Foundation is located in Midland, MI.
For the year ending 12/2017, Chemical Bank Foundation generated $664.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 29.1% each year . All expenses for the organization totaled $2.6m during the year ending 12/2017. 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 |
|---|---|---|---|
Deborah L Becker Secretary | 4 | $0 | |
Lynn M Kerber Chair & Pres | 5 | $0 | |
Donna Mcavoy Vice Pres. | 0.75 | $0 | |
Richard Devries Vice Pres. | 0.75 | $0 | |
Dennis Klaeser Treasurer | 4 | $0 | |
Jamie Lynch Vice Pres. | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $300,000 |
| Interest on Savings | $4,570 |
| Dividends & Interest | $8,111 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $351,982 |
| Capital Gain Net Income | $351,982 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $664,663 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $147 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,247 |
| Contributions, gifts, grants paid | $2,577,608 |
| Total expenses and disbursements | $2,578,855 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Chemical Bank Foundation has awarded $2,577,608 in support to 122 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY FOUNDATION OF SE MICHIGAN PURPOSE: GRANT FUNDING | $1,002,873 |
Midland, MI PURPOSE: ATHLETIC SCOREBOARD IMPROVEMENTS | $100,000 |
GERALD R FORD INT'L AIRPORT (GRAND PURPOSE: GRFIA GATEWAY TRANSFORMATION | $100,000 |
Southfield, MI PURPOSE: CHILDRENS EDUCATION | $100,000 |
LAKELAND HEALTH FOUNDATION BENTON H PURPOSE: LAKELAND HEALTH PAVILION PROJECT | $75,000 |
EMPOWERMENT PLAN PURPOSE: EMPOWERMENT ACCELATOR FUND CAMPAIGN | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chinese American Service League Inc Chicago, IL | $15,835,299 | $20,315,146 |
Germantown Home Philadelphia, PA | $23,238,200 | $17,117,508 |
Sholom Home East Inc St Paul, MN | $55,805,227 | $20,264,604 |
Chandler Hall Health Services Inc Newtown, PA | $26,412,529 | $17,505,940 |
Botsford Continuing Care Corporation Southfield, MI | $28,554,348 | $16,692,642 |
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |
Blackburn University Carlinville, IL | $69,417,787 | $20,572,819 |
Executive Education Academy Charter School Allentown, PA | $63,584,076 | $23,169,797 |
Community Legal Services Inc Philadelphia, PA | $20,694,601 | $20,774,549 |
Southern Painters Welfare Fund Pittsburgh, PA | $17,172,930 | $23,602,516 |
Community Support Services Inc Akron, OH | $23,036,222 | $26,517,082 |
Montgomery Place Chicago, IL | $31,885,880 | $16,111,662 |