Civic Intelligence

Great Lakes Commerical Finance

990 • Fiscal year 2024 • EIN 38-2467385

Oct 01, 2023 to Sep 30, 2024 • Filed on Mar 14, 2025

Organization ProfileWWW.GLCF.ORG
3980 Chicago Dr SW Suite 220Grandville, MI 49418

(616) 459-4825

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

43rd percentile

0.04x

Higher debt load relative to assets than 43% of similar nonprofits.

2024 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

46th percentile

0.09x

Higher debt load relative to revenue than 46% of similar nonprofits.

2024 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2024

Net Margin

76th percentile

31%

Higher net margin than 76% of similar nonprofits.

2024 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

78th percentile

$220,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2024 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2024

Asset Growth

74th percentile

17%

Faster asset growth than 74% of similar nonprofits.

2024 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

64th percentile

20%

Faster revenue growth than 64% of similar nonprofits.

2024 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$5,065,288

Up $734,593 (+17%) from 2023

Net Assets

Up

$4,842,607

Up $764,784 (+19%) from 2023

Liabilities

Down

$222,681

Down $30,191 (-12%) from 2023

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin76th percentile

Revenue

Up

$2,481,008

Up $409,408 (+20%) from 2023

Expenses

Up

$1,716,224

Up $83,546 (+5.1%) from 2023

Net Income

Up

$764,784

Up $325,862 (+74%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $851,777Liabilities 2011: $86,398Net Assets 2011: $765,3792011Assets 2012: $759,669Liabilities 2012: $44,350Net Assets 2012: $715,3192012Assets 2013: $794,574Liabilities 2013: $78,412Net Assets 2013: $716,1622013Assets 2014: $842,449Liabilities 2014: $99,878Net Assets 2014: $742,5712014Assets 2015: $896,586Liabilities 2015: $95,425Net Assets 2015: $801,1612015Assets 2016: $871,435Liabilities 2016: $89,369Net Assets 2016: $782,0662016Assets 2017: $1,035,379Liabilities 2017: $164,915Net Assets 2017: $870,4642017Assets 2018: $1,131,096Liabilities 2018: $94,275Net Assets 2018: $1,036,8212018Assets 2019: $1,406,085Liabilities 2019: $156,869Net Assets 2019: $1,249,2162019Assets 2020: $3,887,620Liabilities 2020: $150,507Net Assets 2020: $3,737,1132020Assets 2021: $4,389,271Liabilities 2021: $671,411Net Assets 2021: $3,717,8602021Assets 2022: $3,934,233Liabilities 2022: $351,629Net Assets 2022: $3,582,6042022Assets 2023: $4,330,695Liabilities 2023: $252,872Net Assets 2023: $4,077,8232023Assets 2024: $5,065,288Liabilities 2024: $222,681Net Assets 2024: $4,842,6072024Assets 2025: $5,337,240Liabilities 2025: $307,686Net Assets 2025: $5,029,5542025

Highlighted filing

2024

Assets$5,065,288
Liabilities$222,681
Net Assets$4,842,607
Open 2024 Filing

Operations Trend

Revenue Growth64th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $653,2712011Revenue 2012: $738,282Expenses 2012: $788,342Net Income 2012: -$50,0602012Revenue 2013: $845,312Expenses 2013: $844,468Net Income 2013: $8442013Revenue 2014: $877,607Expenses 2014: $851,198Net Income 2014: $26,4092014Revenue 2015: $896,922Expenses 2015: $838,332Net Income 2015: $58,5902015Revenue 2016: $203,516Expenses 2016: $211,545Net Income 2016: -$8,0292016Revenue 2017: $1,098,620Expenses 2017: $1,010,222Net Income 2017: $88,3982017Revenue 2018: $1,316,983Expenses 2018: $1,150,626Net Income 2018: $166,3572018Revenue 2019: $1,383,793Expenses 2019: $1,183,310Net Income 2019: $200,4832019Revenue 2020: $4,104,025Expenses 2020: $1,607,755Net Income 2020: $2,496,2702020Revenue 2021: $1,475,074Expenses 2021: $1,494,327Net Income 2021: -$19,2532021Revenue 2022: $1,746,446Expenses 2022: $1,881,702Net Income 2022: -$135,2562022Revenue 2023: $2,071,600Expenses 2023: $1,632,678Net Income 2023: $438,9222023Revenue 2024: $2,481,008Expenses 2024: $1,716,224Net Income 2024: $764,7842024Revenue 2025: $2,368,379Expenses 2025: $2,181,432Net Income 2025: $186,9472025

Highlighted filing

2024

Revenue$2,481,008
Expenses$1,716,224
Net Income$764,784
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Mar 14, 2025
Return Version
2023v6.0
Gross Receipts
$2,481,008
Mission and Program Overview

Mission

Stimulation of economic development throughout the state of michigan by promoting and assisting growth and development of business concerns by offering fixed asset financing through the small business administration's 504 loan program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,952,122$4,706,120▲ $753,998
Accounts Receivable$211,696$229,982▲ $18,286
Land, Buildings, and Equipment, Net$71,677$51,613▼ $20,064
Prepaid Expenses and Deferred Charges$22,260$36,501▲ $14,241
Intangible Assets$10,962--
Total Assets$4,330,695$5,065,288▲ $734,593
Other Assets Total$61,978$41,072▼ $20,906
Liabilities
Other Liabilities$170,852$190,238▲ $19,386
Deferred Revenue$28,710$18,650▼ $10,060
Accounts Payable and Accrued Expenses$53,310$13,793▼ $39,517
Total Liabilities$252,872$222,681▼ $30,191
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,077,823$4,842,607▲ $764,784
Total Net Assets Fund Balance$4,077,823$4,842,607▲ $764,784
Total Liabilities and Net Assets / Fund Balance$4,330,695$5,065,288▲ $734,593

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$51,613$100,815$152,428
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Julie ParkerPresidentFT$220,000$220,000

Board Members and Trustees

NameTitle
Dave DuponChairman
Craig OosterhouseVice Chairman
Amanda MurrayTrustee
Mike VanommenTrustee
Rob RobbinsTrustee
Wendy TimminsTrustee
Stacey StephensSecretary
Kara WoodTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,984,986
Investment Income
$451,877
Other Revenue
$44,145
Change in Net Assets
$764,784

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,481,008
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,481,008
Total Revenue per Form 990
$2,481,008
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,301,783
Other Expenses$414,441
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$836,955$59,716-$896,671
Current Officers, Directors, Trustees, and Key Employees$205,348$14,652-$220,000
Payroll Taxes$82,010$5,851-$87,861
Occupancy$70,110$4,239-$74,349
Pension Plan Contributions$49,105$2,968-$52,073
Other Employee Benefits$42,602$2,576-$45,178
Fees for Services Accounting-$38,694-$38,694
All Other Expenses$32,057$1,639-$33,696
Depreciation Depletion-$31,024-$31,024
Insurance-$26,046-$26,046
Conferences and Meetings$25,052--$25,052
Other Expenses$23,965$1,858-$23,965
Travel$5,669--$5,669
Total Functional Expenses$1,526,961$189,263$0$1,716,224

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,716,224
Total Expenses per Audited Statements$1,716,224
Total Expenses per Form 990$1,716,224
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Application Fee Deposits$149,700
Lease Liability$40,538
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Classes of members or stockholders members”

Form 990, Part VI, Section A, Line 7A

“Election of members and their rights. Members elect board of directors.”

Form 990, Part VI, Section A, Line 7B

“Decisions subject to approval of members. Yes, annual budget”

Form 990, Part VI, Section B, Line 11B

“Organization's process to review form 990 a copy of the 990 is provided to the board for their review and approval before the return is filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“Enforcement of conflicts policy: great lakes commercial finance encourages all directors, officers, and employees to report and to assist in any investigation by any law enforcement or regulatory agency or other persons legally authorized for such matter in the following: 1) illegal or fraudulent activity and 2) questionable accounting, internal controls and auditing matters.”

Form 990, Part VI, Section B, Line 15

“Line 15a - compensation process for top official: the compensation of the executive director is included in the budget which is approved by the board of directors. Also, the national association of development companies (nadco) releases a biannual survey that includes the yearly compensation of executive directors and other officers and key employees. The board uses the results of the survey to help determine compensation. Form 990, part vi, section b, line 15: line 15b - compensation process for officers: the national association of development companies (nadco) releases a biannual survey that includes the yearly compensation of executive directors and other officers and key employees. The board uses the results of the survey to help determine compensation.”

Form 990, Part VI, Section C, Line 19

“Governing documents disclosure explanation: a copy of the form 990 is made available for public inspection upon request.”

Filing and Contact Details

Filer

Filer Name
Great Lakes Commercial Finance
EIN
38-2467385
Phone
6164594825
Address
3980 CHICAGO DR SW SUITE 220, GRANDVILLE, MI 49418

Signing Officer

Name
Julie Parker
Title
President
Phone
6163231276
Signed
2025-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Parker
Formed
1980
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
8
Employees
15
Volunteers
0

Preparer

Firm
Kaptein Dykstra & Company Pc
Address
PO BOX 934, GRANDVILLE, MI 49468-0934
Preparer
Joel R Holstege CPA
Phone
6165308712
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2:

“No change from prior year”

Raw XML AppendixShowing 400 of 423 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherLiabilitiesGrp/BOYAmt0170852
IRS990/OtherLiabilitiesGrp/EOYAmt0190238
IRS990/OtherRevenueMiscGrp/BusinessCd0525990
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt044145
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt044145
IRS990/OtherRevenueTotalAmt044145
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt059716
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0836955
IRS990/OtherSalariesAndWagesGrp/TotalAmt0896671
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05851
IRS990/PayrollTaxesGrp/ProgramServicesAmt082010
IRS990/PayrollTaxesGrp/TotalAmt087861
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02968
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt049105
IRS990/PensionPlanContributionsGrp/TotalAmt052073
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022260
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt036501
IRS990/PrincipalOfficerNm0JULIE PARKER
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/Desc0SERVICING FEE
IRS990/ProgramServiceRevenueGrp/Desc1ORIGINATION AND OTHER
IRS990/ProgramServiceRevenueGrp/Desc2FLOAT INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01086417
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1632454
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2266115
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01086417
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1632454
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2266115
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0286259
IRS990/PYOtherExpensesAmt0406333
IRS990/PYOtherRevenueAmt049235
IRS990/PYProgramServiceRevenueAmt01736106
IRS990/PYRevenuesLessExpensesAmt0438922
IRS990/PYSalariesCompEmpBnftPaidAmt01226345
IRS990/PYTotalExpensesAmt01632678
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02071600
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0764784
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01716224
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt051613
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0100815
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0152428
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0149700
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt140538
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0APPLICATION FEE DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02481008
IRS990ScheduleD/TotalBookValueLandBuildingsAmt051613
IRS990ScheduleD/TotalExpensesPerForm990Amt01716224
IRS990ScheduleD/TotalLiabilityAmt0190238
IRS990ScheduleD/TotalRevenuePerForm990Amt02481008
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02481008
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01716224
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0220000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JULIE PARKER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0220000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLASSES OF MEMBERS OR STOCKHOLDERS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ELECTION OF MEMBERS AND THEIR RIGHTS. MEMBERS ELECT BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECISIONS SUBJECT TO APPROVAL OF MEMBERS. YES, ANNUAL BUDGET
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION'S PROCESS TO REVIEW FORM 990 A COPY OF THE 990 IS PROVIDED TO THE BOARD FOR THEIR REVIEW AND APPROVAL BEFORE THE RETURN IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ENFORCEMENT OF CONFLICTS POLICY: GREAT LAKES COMMERCIAL FINANCE ENCOURAGES ALL DIRECTORS, OFFICERS, AND EMPLOYEES TO REPORT AND TO ASSIST IN ANY INVESTIGATION BY ANY LAW ENFORCEMENT OR REGULATORY AGENCY OR OTHER PERSONS LEGALLY AUTHORIZED FOR SUCH MATTER IN THE FOLLOWING: 1) ILLEGAL OR FRAUDULENT ACTIVITY AND 2) QUESTIONABLE ACCOUNTING, INTERNAL CONTROLS AND AUDITING MATTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL: THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS INCLUDED IN THE BUDGET WHICH IS APPROVED BY THE BOARD OF DIRECTORS. ALSO, THE NATIONAL ASSOCIATION OF DEVELOPMENT COMPANIES (NADCO) RELEASES A BIANNUAL SURVEY THAT INCLUDES THE YEARLY COMPENSATION OF EXECUTIVE DIRECTORS AND OTHER OFFICERS AND KEY EMPLOYEES. THE BOARD USES THE RESULTS OF THE SURVEY TO HELP DETERMINE COMPENSATION. FORM 990, PART VI, SECTION B, LINE 15: LINE 15B - COMPENSATION PROCESS FOR OFFICERS: THE NATIONAL ASSOCIATION OF DEVELOPMENT COMPANIES (NADCO) RELEASES A BIANNUAL SURVEY THAT INCLUDES THE YEARLY COMPENSATION OF EXECUTIVE DIRECTORS AND OTHER OFFICERS AND KEY EMPLOYEES. THE BOARD USES THE RESULTS OF THE SURVEY TO HELP DETERMINE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS DISCLOSURE EXPLANATION: A COPY OF THE FORM 990 IS MADE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NO CHANGE FROM PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04330695
IRS990/TotalAssetsEOYAmt05065288
IRS990/TotalAssetsGrp/BOYAmt04330695
IRS990/TotalAssetsGrp/EOYAmt05065288
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0189263
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01526961
IRS990/TotalFunctionalExpensesGrp/TotalAmt01716224
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0252872
IRS990/TotalLiabilitiesEOYAmt0222681
IRS990/TotalLiabilitiesGrp/BOYAmt0252872
IRS990/TotalLiabilitiesGrp/EOYAmt0222681
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04077823
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04842607
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01526961
IRS990/TotalProgramServiceRevenueAmt01984986
IRS990/TotalReportableCompFromOrgAmt0220000
IRS990/TotalRevenueGrp/ExclusionAmt0194386
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02286622
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02481008
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04330695
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05065288
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt05669
IRS990/TravelGrp/TotalAmt05669
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03980 CHICAGO DRIVE SW
IRS990/USAddress/CityNm0GRANDVILLE
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049418
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.GLCF.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JULIE PARKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06163231276

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,065,288
Liabilities
$222,681
Net assets
$4,842,607
Revenue
$2,481,008
Expenses
$1,716,224
Net income
$764,784
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.34$0.31$5.03$2.37$2.18$0.19
2024Detailed filing. Detailed filing data is available for this year.$5.07$0.22$4.84$2.48$1.72$0.76
2023Detailed filing. Detailed filing data is available for this year.$4.33$0.25$4.08$2.07$1.63$0.44
2022Detailed filing. Detailed filing data is available for this year.$3.93$0.35$3.58$1.75$1.88$0.14
2021Detailed filing. Detailed filing data is available for this year.$4.39$0.67$3.72$1.48$1.49$0.02
2020Detailed filing. Detailed filing data is available for this year.$3.89$0.15$3.74$4.10$1.61$2.50
2019Detailed filing. Detailed filing data is available for this year.$1.41$0.16$1.25$1.38$1.18$0.20
2018Detailed filing. Detailed filing data is available for this year.$1.13$0.09$1.04$1.32$1.15$0.17
2017Detailed filing. Detailed filing data is available for this year.$1.04$0.16$0.87$1.10$1.01$0.09
2016Summary only. Only limited summary data is available for this year.$0.87$0.09$0.78$0.20$0.21$0.01
2015Summary only. Only limited summary data is available for this year.$0.90$0.10$0.80$0.90$0.84$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.84$0.10$0.74$0.88$0.85$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.08$0.72$0.85$0.84$0.00
2012Summary only. Only limited summary data is available for this year.$0.76$0.04$0.72$0.74$0.79$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.09$0.77$0.65