The Pokagon Fund Inc
- Assets
- $8.7m
- Revenue
- $1.8m
- Investments
- $6.9m
- Employees
- 0
- Location
- New Buffalo, MI
- Founding
- 12/2004
- Data as of
- 06/2022
- EIN
- 30-0130499
Organization Overview
The Pokagon Fund Inc is located in New Buffalo, MI. The organization was established in 2004. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pokagon 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 06/2022, Pokagon Fund Inc generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $1.9m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Pokagon Fund Inc has awarded 836 individual grants totaling $11,040,529. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Petersen Executive Director | 40 | $124,775 | |
Deborah Schmidt Treasurer | 2 | $2,800 | |
Robert Gow Previous Board Chair | 2 | $2,800 | |
Judy Zabicki Chair | 2 | $2,800 | |
Deborah Hall-Kayler Director | 1 | $1,400 | |
Brian Flanagan Director | 1 | $1,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,541,046 |
| Interest on Savings | $0 |
| Dividends & Interest | $229,623 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,152 |
| Capital Gain Net Income | $9,152 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,779,821 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $137,575 |
| Other employee salaries and wages | $56,867 |
| Pension plans, employee benefits | $42,772 |
| Interest | $0 |
| Taxes | $2,557 |
| Depreciation | $39,945 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,969 |
| Printing and publications | $0 |
| Other expenses | $74,642 |
| Total operating and administrative expenses | $407,990 |
| Contributions, gifts, grants paid | $1,511,799 |
| Total expenses and disbursements | $1,919,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,092,745 |
| Savings and temporary cash investments | $215,918 |
| 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 | $176,750 |
| Investments—other | $577,520 |
| Net Land, buildings, and equipment | $415,218 |
| Other assets | $0 |
| Total assets | $8,664,018 |
| 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 | $3,309 |
| Total liabilities | $3,309 |
Grants Awarded
Over the last fiscal year, The Pokagon Fund Inc has awarded $1,528,031 in support to 119 organizations.
| Grant Recipient | Amount |
|---|---|
NEW BUFFALO TOWNSHIP PURPOSE: UNION PIER REDEVELOPMENT PROJECT-REMAINING BALANCE | $557,743 |
NEIGHBOR BY NEIGHBOR PURPOSE: FROM DEPENDENCE TO INDEPENDENCE | $150,000 |
CHIKAMING TOWNSHIP PURPOSE: RED ARROW UNION PIER IMPROVEMENT PROJECT | $100,000 |
HARBERT COMMUNITY CHURCH PURPOSE: NEIGHBOR BY NEIGHBOR-DIGGING OUT AND SEEING THE LIGHT | $68,500 |
Benton Harbor, MI PURPOSE: FORMULA FOR IMPACT: SUMMER PROGRAM | $60,000 |
VILLAGE OF GRAND BEACH PURPOSE: GRAND BEACH NATURE PRESERVE PURCHASE | $58,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Pokagon Fund Inc has recieved totaling $31,230.
| Awarding Organization | Amount |
|---|---|
Michigan Gateway Comm Foundation Buchanan, MI PURPOSE: SCHOLARSHIP GRANT FOR LOCAL STUDENTS | $31,230 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Circle Incorporated Cleveland, OH | $134,622,719 | $18,118,457 |
Foundation For Detroits Future Detroit, MI | $47,892,805 | $26,320,980 |
Economic And Community Development Institute Inc Columbus, OH | $78,355,876 | $19,971,101 |
West Ohio Community Action Partnership Lima, OH | $6,981,623 | $15,279,840 |
Community Action Program Commission Of The Lancaster-Fairfield County Lancaster, OH | $11,087,648 | $12,770,614 |
West Central Wisconsin Community Action Agency Inc Glenwood City, WI | $21,268,900 | $13,007,959 |
Community Action Coaltion For South Central Wisconsin Inc Madison, WI | $4,809,920 | $12,236,312 |
Leads Newark, OH | $16,589,702 | $10,298,274 |
Blue Water Community Action Port Huron, MI | $3,539,859 | $9,991,743 |
Community Action Commission Of Fayette County Washington Court House, OH | $10,620,828 | $9,688,038 |
Downtown Cleveland Alliance Cleveland, OH | $4,884,612 | $9,424,862 |
Community Action Inc Of Rock And Walworth Counties Beloit, WI | $10,640,793 | $9,364,558 |