Michigan Peo Fund Inc is located in Kalamazoo, MI. The organization was established in 1966. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Peo 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 03/2024, Michigan Peo Fund Inc generated $78.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $103.4k during the year ending 03/2024. While expenses have increased by 11.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
GRANTS TO PROVIDE FINANCIAL ASSISTANCE FOR THE ELDERLY AND OTHER PERSONS IN NEED.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joy Hillebrand President | 4 | $0 | |
Lynn Cluskey Vice President | 4 | $0 | |
Nancy Karel Treasurer | 4 | $0 | |
Kathy Sankey Secretary | 4 | $0 | |
Jan Holmes Director | 4 | $0 | |
Terry Foster Director | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,036 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,000 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,036 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,502 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,490 |
| Total expenses | $103,368 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,867 |
| Other assets | $0 |
| Total assets | $154,916 |
| Total liabilities | $0 |
| Net assets or fund balances | $154,916 |