Great Lakes Stewardship Initiative
- Assets
- $283.5k
- Revenue
- $416.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Harbor Springs, MI
- Founding
- 11/2018
- Data as of
- 08/2022
- EIN
- 82-3689165
Organization Overview
Great Lakes Stewardship Initiative is located in Harbor Springs, MI. The organization was established in 2018. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 08/2022, Great Lakes Stewardship Initiative employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Lakes Stewardship Initiative 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 08/2022, Great Lakes Stewardship Initiative generated $416.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $620.2k during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Great Lakes Stewardship Initiative has awarded 26 individual grants totaling $709,518. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP KNOWLEDGEABLE AND ACTIVE STEWARDS OF THE GREAT LAKES AND THEIR ECOSYSTEMS THROUGH PLACE-BASED STUDIES AND EXPLORATIONS IN LOCAL COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP KNOWLEDGEABLE AND ACTIVE STEWARDS OF THE GREAT LAKES AND THEIR ECOSYSTEMS THROUGH PLACE-BASED STUDIES AND EXPLORATIONS IN LOCAL COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Whitmore Executive Dir. | Officer | 40 | $106,718 |
Dr Ethan Lowenstein President | OfficerTrustee | 4 | $0 |
Sarah Coleman Treasurer | OfficerTrustee | 4 | $0 |
Brandon Schroeder Secretary | OfficerTrustee | 4 | $0 |
Clayton Pelon Trustee | Trustee | 2 | $0 |
Ellen Brody Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $17,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $244,451 |
| All other contributions, gifts, grants, and similar amounts not included above | $117,243 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $379,194 |
| Total Program Service Revenue | $37,283 |
| Investment income | $19 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $416,496 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $323,328 |
| 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. | $106,717 |
| Compensation of current officers, directors, key employees. | $10,671 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,468 |
| Fees for services: Management | $76,642 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,745 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $37,723 |
| Advertising and promotion | $0 |
| Office expenses | $3,510 |
| Information technology | $2,248 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,528 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,219 |
| Interest | $384 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $757 |
| All other expenses | $0 |
| Total functional expenses | $620,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $279,015 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,500 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $283,515 |
| Accounts payable and accrued expenses | $35,053 |
| 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 | $35,053 |
| Net assets without donor restrictions | $248,462 |
| 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 | $283,515 |
Grants Awarded
Over the last fiscal year, Great Lakes Stewardship Initiative has awarded $224,432 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
COPPER COUNTRY ISD | | | $33,674 |
EASTERN MICHIGAN UNIVERSITY | | | $86,045 |
GRAND VALLEY STATE UNIVERSITY | | | $60,998 |
MUSKEGON AREA ISD | | | $38,400 |
MICHIGAN TECHNOLOGICAL UNIV | | | $5,315 |