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Northwestern Michigan College Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 382376475 ✦ Traverse city, MI ✦ Designated as a 501(c)(3)

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Overview

What is Northwestern Michigan College Foundation?

The Northwestern Michigan College Foundation is a nonprofit organization situated in Traverse City, Michigan, specifically at 1701 E Front St. Its primary mission is to provide support for the objectives and purposes of Northwestern Michigan College. This support is primarily directed towards funding scholarships and awards, as well as transferring restricted contributions to designated departments or programs within the college. The foundation's role is also to secure new resources, maximize the return on existing resources, act as ambassadors to the community, and complement the work of the college's trustees in shaping Northwestern Michigan College's future.


Official website here: www.nmc.edu/foundation

Is Northwestern Michigan College Foundation legitimate?

Northwestern Michigan College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwestern Michigan College Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $655,104

For more financial information, click here


Official website here: www.nmc.edu/foundation

What is the mission statement of Northwestern Michigan College Foundation?

The Northwestern Michigan College Foundation's mission is to aid Northwestern Michigan College in achieving its goals and vision. This is accomplished by procuring new resources, maximizing the use of existing resources, serving as advocates within the community, and complementing the work of the college's trustees in shaping its future. The foundation specifically allocates funds to Northwestern Michigan College for the purpose of awarding scholarships and transferring restricted contributions to designated departments or programs.


Official website here: www.nmc.edu/foundation

Who is the CEO of Northwestern Michigan College Foundation?

Jennifer Hricik is the Second Vice-Chair of Northwestern Michigan College Foundation.


Official website here: www.nmc.edu/foundation

What is the revenue of Northwestern Michigan College Foundation?

Northwestern Michigan College Foundation's revenue in 2022 was $4,991,031.


Official website here: www.nmc.edu/foundation

Who are the executives of Northwestern Michigan College Foundation and what are their salaries?

There 100 volunteers at Northwestern Michigan College Foundation.


Here are 41 key members and their salaries:


Nicholas Nissley (Second Vice-Chair)
  • Compensation: $0
  • Related: $217,106
  • Other: $45,765
Rebecca M Teahen (Executive Director)
  • Compensation: $0
  • Related: $127,506
  • Other: $52,868
Cheryl M Bloomquist (Nmc Faculty Representative)
  • Compensation: $0
  • Related: $104,883
  • Other: $45,682
Linda Berlin (Nmc Faculty Representative)
  • Compensation: $0
  • Related: $98,702
  • Other: $23,236
Steven H Rice (Nmc Faculty Representative)
  • Compensation: $0
  • Related: $80,896
  • Other: $29,595
Francis J Gingras (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan J Zelinski (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jayne H Mohr (First Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen M Fisher (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra J Edson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathanael J Adamson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Allen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorraine Beers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barabara F Benson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas S Bishop (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher E Branson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert T Brick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce L Byl (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Kermit Campbell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald M Coe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William R Donberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel A Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher M Lamb (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark A Lundmark (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eleanor E Lynn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William F Marsh Iii (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul W Maurer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher D Millward (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Milock (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha A Oleson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan K Sheldon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David M Shooltz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia A Warner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kennard Weaver (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James R Weigand (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy F Young (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy B Zimmer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Bott (Board Member-Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amber Marsh (Nmc Student Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Landon Deheer (Nmc Student Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannah Witte (Nmc Student Representative-Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nmc.edu/foundation

Where can I find the form 990 for Northwestern Michigan College Foundation?

Northwestern Michigan College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nmc.edu/foundation

Learn more at the official website: www.nmc.edu/foundation

Mission Statement of Northwestern Michigan College Foundation

Northwestern Michigan College Foundation's mission is centered around providing assistance to Northwestern Michigan College in realizing its objectives and vision. The foundation achieves this by securing new resources, maximizing the return on existing resources, acting as ambassadors to the community, and complementing the work of the college's trustees in shaping its future. In practical terms, this means the foundation allocates funds to Northwestern Michigan College for awarding scholarships and transfers restricted contributions to designated departments or programs within the college. By doing so, Northwestern Michigan College Foundation plays a crucial role in supporting the educational aspirations of students and contributing to the college's overall growth and development.

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Impact




October, 2024

The Northwestern Michigan College Foundation plays a vital role in enhancing educational opportunities and resources for students at Northwestern Michigan College. By allocating funds specifically for scholarships, awards, and programs, the foundation ensures that students have access to financial support essential for their academic success.

Through its commitment to securing new resources and optimizing existing ones, the foundation acts as a crucial partner in helping Northwestern Michigan College realize its mission and vision. It fosters community engagement, serving as ambassadors that connect the college with local stakeholders and potential supporters. This collaborative approach not only enriches the educational environment but also aids in shaping the future of the college, ultimately benefiting students and the wider community in Traverse City and beyond.




This information is meant to be a general summary of Northwestern Michigan College Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$4,991,031 (2022)
Expenses
$4,765,568 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,377,441
  • Gross Receipts: $10,408,705

Assets and Liabilities:

  • Total Assets: $57,776,969
  • Total Liabilities: $3,266,653
  • Net Assets: $54,510,316

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Organization Details

Founding Year

1981

Principal Officer

Jennifer Hricik

Main Address

1701 E FRONT ST, TRAVERSE CITY, MI, 49686

NTEE Category

Code: B42I - Education

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