Baraga County Community Foundation
- Assets
- $1.0m
- Revenue
- $64.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Baraga, MI
- Founding
- 12/1994
- Data as of
- 12/2023
- EIN
- 38-3198122
Organization Overview
Baraga County Community Foundation is located in Baraga, MI. The organization was established in 1994. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baraga County Community 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 12/2023, Baraga County Community Foundation generated $64.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $74.4k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE THE QUALITY OF LIFE IN THE AREA OF BARAGA COUNTY, IMPROVING EDUCATIONAL, CULTURAL, RECREATIONAL, ATHLETIC, ENVIRONMENTAL, AND SOCIAL WELFARE RESOURCES AND OPPORTUNITIES, AND DEVELOPING YOUTH FOR COMMUNITY LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
(DR. LOUIS AND ANN GUY) BARAGA COUNTY EXTENDED CARE CORPORATION IS A NON-PROFIT, 59 BED, LONG TERM CARE AND REHABILITATION CENTER WHICH HAS RECEIVED A GRANT FROM A FUND ESTABLISHED FOR THE PROVISION OF ITS SERVICES, FOR THE PURCHASE OF FIVE NEW AND ADJUSTABLE BEDS.
GRANT AWARD FOR THE PURCHASE OF LOCAL FIRE DEPARTMENT EQUIPMENT.
SCHOLARSHIP AWARDS FOR HIGHER EDUCATION OF STUDENTS OF BARAGA COUNTY ATTENDING MICHIGAN TECHNOLOGICAL AND NORTHERN MICHIGAN UNIVERSITY, THE UNIVERSITY OF MICHIGAN AND BAY COLLEGE, RESPECTIVELY, AND WHO WILL BE MAJORING IN THE STUDIES OF GENERAL ENGINEERING, BUSINESS ADMINISTRATION, PRE-NURSING, MOVEMENT SCIENCE, AND ELEMENTARY EDUCATION, ALSO RESPECTIVELY.
TO DEVELOP YOUTH FOR LEADERSHIP BY INCREASING THEIR CAPACITY FOR PARTICIPATION IN SOCIETY BY PROVIDING THEM WITH EDUCATION AND RESOURCES TO TARGET THE NEEDS OF THE YOUTH IN THEIR COMMUNITY THROUGH THE THE DEVELOPMENT OF POWER POINT PRESENTATIONS AND THROUGH THE SELECTION AND ENGAGEMENT OF SCHOOL ASSEMBLY SPEAKERS TARGETING IMMEDIATE AREA YOUTH NEEDS SUCH AS SUBSTANCE ABUSE, SUICIDE PREVENTION, ANTI-BULLYING EDUCATION, ENCOURAGEMENT AND SELF-ESTEEM, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gordette Leutz Executive Director | Officer | 40 | $37,499 |
Alex Paquette Trustee | Trustee | 4 | $0 |
Paula Mcelroy Trustee | Trustee | 0.5 | $0 |
Martin Meleen Trustee | Trustee | 0.5 | $0 |
Doug Gray Trustee | Trustee | 0.5 | $0 |
Diane Richard Vice President | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,025 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,258 |
| Noncash contributions included in lines 1a–1f | $500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,283 |
| Total Program Service Revenue | $30 |
| Investment income | $21,546 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,200 |
| Net Income from Fundraising Events | $6,548 |
| Net Income from Gaming Activities | $314 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $64,921 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $23,400 |
| 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. | $31,291 |
| Compensation of current officers, directors, key employees. | $31,291 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,033 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $76 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,974 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,337 |
| Information technology | $152 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $1,170 |
| All other expenses | $0 |
| Total functional expenses | $74,433 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $297 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,000,438 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,000,735 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,000,735 |
| 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 | $1,000,735 |