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Southeast Michigan Opportunity Trust

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

EIN: 817022080 ✦ Detroit, MI ✦ Designated as a 501(c)(3)

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Overview

What is Southeast Michigan Opportunity Trust?

The Southeast Michigan Opportunity Trust is a supporting organization, established to facilitate substantial charitable gifts. This trust, located in Detroit, Michigan, serves to benefit the Southeast Michigan region by supporting charitable activities. Its mission aligns with the Community Foundation for Southeast Michigan (CFSEM), which strives to enhance the quality of life in the area. The CFSEM promotes and facilitates lasting change by strategically investing in programs and organizations that positively impact the region. As a result, the Southeast Michigan Opportunity Trust plays a crucial role in supporting charitable activities that contribute to the betterment of the Southeast Michigan community.

Is Southeast Michigan Opportunity Trust legitimate?

Southeast Michigan Opportunity Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Michigan Opportunity Trust 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: $0

For more financial information, click here

What is the mission statement of Southeast Michigan Opportunity Trust?

The Southeast Michigan Opportunity Trust, established as a supporting organization to the Community Foundation for Southeast Michigan (CFSEM), aims to facilitate charitable contributions that benefit the region of Southeast Michigan. The mission of the Community Foundation for Southeast Michigan is to enhance the quality of life in the area. They accomplish this by promoting and facilitating permanent changes through strategic investments in programs and organizations that benefit the region. The Southeast Michigan Opportunity Trust, in alignment with CFSEM, supports these initiatives to contribute positively to the community.

Who is the CEO of Southeast Michigan Opportunity Trust?

Richard L Devore is the Co-Trustee of Southeast Michigan Opportunity Trust.

What is the revenue of Southeast Michigan Opportunity Trust?

Southeast Michigan Opportunity Trust's revenue in 2022 was $0.

Who are the executives of Southeast Michigan Opportunity Trust and what are their salaries?

There 2 volunteers at Southeast Michigan Opportunity Trust.


Here are 4 key members and their salaries:


Richard L Devore Start 4122 (Co-Trustee)
  • Compensation: $0
  • Related: $454,601
  • Other: $16,494
Mariam C Noland End 33122 (Co-Trustee)
  • Compensation: $0
  • Related: $278,522
  • Other: $37,471
James B Nicholson (Co-Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary H Weiser (Co-Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Southeast Michigan Opportunity Trust?

Southeast Michigan Opportunity Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Southeast Michigan Opportunity Trust

The Southeast Michigan Opportunity Trust, established as a supporting organization to the Community Foundation for Southeast Michigan (CFSEM), is dedicated to facilitating charitable contributions that benefit the Southeast Michigan region. The primary objective of this trust is aligned with the mission of CFSEM, which is to enhance the quality of life in Southeast Michigan. The CFSEM promotes and facilitates permanent change in the region by strategically investing in programs and organizations that contribute positively to the area. The Southeast Michigan Opportunity Trust, thereby, serves as a conduit for such investments, contributing to the betterment of the community it supports.

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Impact




October, 2024

Southeast Michigan Opportunity Trust plays a crucial role in enhancing the quality of life across Southeast Michigan by facilitating significant gifts that support various charitable activities. By acting as a supporting organization to the Community Foundation for Southeast Michigan (CFSEM), it helps channel resources where they are most needed, promoting lasting change within the region. The Trust’s efforts enable strategic investments in programs and organizations that directly benefit the community, fostering philanthropy and empowering local initiatives to thrive. This collaboration ultimately leads to a more vibrant and sustainable future for the diverse populations in Southeast Michigan.




This information is meant to be a general summary of Southeast Michigan Opportunity Trust. 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
$0 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $0
    • Total Liabilities: $0
    • Net Assets: $0

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    Organization Details

    Founding Year

    2016

    Principal Officer

    Richard L Devore

    Main Address

    333 WEST FORT STREET 2010, DETROIT, MI, 48226

    NTEE Category

    Code: T11 - Philanthropy

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