Civic Intelligence

Eastern Upper Peninsula Community Community Foundation Alliance Inc.

990 • Fiscal year 2023 • EIN 38-3210718

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

P O Box 1979Sault Sainte Marie, MI 49783

(906) 635-1046

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.04x

Higher debt load relative to assets than 32% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

71st percentile

0.44x

Higher debt load relative to revenue than 71% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

73rd percentile

18%

Higher net margin than 73% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

24th percentile

$34,254

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

61st percentile

9.7%

Faster asset growth than 61% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

64th percentile

15%

Faster revenue growth than 64% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$5,891,501

Up $520,312 (+9.7%) from 2022

Net Assets

Up

$5,649,120

Up $797,450 (+16%) from 2022

Liabilities

Down

$242,381

Down $277,138 (-53%) from 2022

Revenue

Up

$546,629

Up $70,789 (+15%) from 2022

Expenses

Down

$448,895

Down $42,436 (-8.6%) from 2022

Net Income

Up

$97,734

Up $113,225 (+731%) from 2022

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,345,012Liabilities 2011: $195,551Net Assets 2011: $2,149,4612011Assets 2012: $2,516,360Liabilities 2012: $180,950Net Assets 2012: $2,335,4102012Assets 2013: $2,829,309Liabilities 2013: $213,213Net Assets 2013: $2,616,0962013Assets 2014: $2,911,725Liabilities 2014: $207,313Net Assets 2014: $2,704,4122014Assets 2015: $3,237,685Liabilities 2015: $192,819Net Assets 2015: $3,044,8662015Assets 2016: $4,273,168Liabilities 2016: $627,462Net Assets 2016: $3,645,7062016Assets 2017: $4,535,097Liabilities 2017: $626,203Net Assets 2017: $3,908,8942017Assets 2018: $3,698,577Liabilities 2018: $546,597Net Assets 2018: $3,151,9802018Assets 2019: $4,377,259Liabilities 2019: $588,215Net Assets 2019: $3,789,0442019Assets 2020: $5,861,066Liabilities 2020: $592,441Net Assets 2020: $5,268,6252020Assets 2021: $6,613,034Liabilities 2021: $614,366Net Assets 2021: $5,998,6682021Assets 2022: $5,371,189Liabilities 2022: $519,519Net Assets 2022: $4,851,6702022Assets 2023: $5,891,501Liabilities 2023: $242,381Net Assets 2023: $5,649,1202023Assets 2024: $6,390,481Liabilities 2024: $262,317Net Assets 2024: $6,128,1642024

Highlighted filing

2023

Assets$5,891,501
Liabilities$242,381
Net Assets$5,649,120

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $289,354Expenses 2011: $178,090Net Income 2011: $111,2642011Expenses 2012: $148,9582012Revenue 2013: $202,528Expenses 2013: $133,942Net Income 2013: $68,5862013Revenue 2014: $318,992Expenses 2014: $203,419Net Income 2014: $115,5732014Revenue 2015: $831,380Expenses 2015: $256,575Net Income 2015: $574,8052015Revenue 2016: $232,058Expenses 2016: $293,535Net Income 2016: -$61,4772016Revenue 2017: $336,009Expenses 2017: $362,240Net Income 2017: -$26,2312017Revenue 2018: $446,998Expenses 2018: $719,661Net Income 2018: -$272,6632018Revenue 2019: $611,282Expenses 2019: $437,512Net Income 2019: $173,7702019Revenue 2020: $1,373,616Expenses 2020: $341,830Net Income 2020: $1,031,7862020Revenue 2021: $964,507Expenses 2021: $367,109Net Income 2021: $597,3982021Revenue 2022: $475,840Expenses 2022: $491,331Net Income 2022: -$15,4912022Revenue 2023: $546,629Expenses 2023: $448,895Net Income 2023: $97,7342023Revenue 2024: $768,259Expenses 2024: $427,681Net Income 2024: $340,5782024

Highlighted filing

2023

Revenue$546,629
Expenses$448,895
Net Income$97,734
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.0
Gross Receipts
$1,196,571
Mission and Program Overview

Mission

To be a vehicle for receiving monies to establish and administer endowment funds in a manner that meets the needs of the citizens of chippewa county.

Receive property to be administered exclusively for charitable purposes primarily in and for the benefit of the people of chippewa county, michigan.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,588,380$5,319,494▲ $731,114
Investments Other Securities-$300,000-
Cash and Non-Interest-Bearing Accounts$532,945$245,040▼ $287,905
Land, Buildings, and Equipment, Net-$4,229-
Prepaid Expenses and Deferred Charges$3,000$3,000→ $0
Total Assets$5,132,432$5,891,501▲ $759,069
Other Assets Total$8,107$19,738▲ $11,631
Liabilities
Other Liabilities$212,449$234,115▲ $21,666
Accounts Payable and Accrued Expenses$8,505$8,266▼ $239
Total Liabilities$220,954$242,381▲ $21,427
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,713,951$5,329,302▲ $615,351
Net Assets Without Donor Restrictions$197,527$319,818▲ $122,291
Total Net Assets Fund Balance$4,911,478$5,649,120▲ $737,642
Total Liabilities and Net Assets / Fund Balance$5,132,432$5,891,501▲ $759,069

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,229$10,344$14,573
Other Securities$300,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$4,464,409$220,534▲ $506,761-$4,875,194
2022$5,477,619$164,042▼ $864,538-$4,464,409
2021$4,775,368$226,225▲ $756,178-$5,477,619
2020$3,246,342$1,126,124▲ $580,738-$4,775,368
2019$2,693,268$234,553▲ $597,098-$3,246,342
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Steve HabustaExecutive DiPT$34,254$34,254
Deborah JonesSecretaryPT$26,243$26,243

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$441,350
Program Service Revenue
$0
Investment Income
$105,279
Other Revenue
$0
All Other Contributions
$434,848
Change in Net Assets
$97,734
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$279,515
Other Expenses$88,674
Salaries, Compensation, and Employee Benefits$80,706
Total Fundraising Expense$12,237
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$158,940--$158,940
Grants to Domestic Individuals$120,575--$120,575
Comp Disqual Persons$44,091$8,250$8,157$60,498
Fees for Service Investment Mgmnt Fees$26,139$8,713-$34,852
Fees for Services Accounting-$17,110-$17,110
Other Salaries and Wages$9,198$1,721$1,702$12,621
Occupancy$4,578$1,635$327$6,540
Payroll Taxes$4,174$781$772$5,727
Travel$2,791$997$199$3,987
All Other Expenses$2,981$344$69$3,394
Office Expenses$1,863$665$133$2,661
Insurance$1,329$475$95$1,899
Pension Plan Contributions$1,355$254$251$1,860
Other Expenses$1,131$404$81$1,616
Information Technology$947$338$68$1,353
Advertising$901$322$64$1,287
Conferences and Meetings$822$293$59$1,174
Depreciation Depletion-$274-$274
Total Functional Expenses$385,446$51,212$12,237$448,895
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sault Ste Marie Area Public SchoolsSault Sainte Marie, MI--$11,714
Darling ConcreteSault Sainte Marie, MI--$10,000
All Star GraphicsSault Sainte Marie, MI--$9,963
Lake Superior State UniversitySault Sainte Maire, MI--$9,854
Tree TopsBaravia, IL--$7,668
Rudyard Area SchoolsRudyeard, MI--$7,515
Vital SignsSault Sainte Marie, MI--$7,100
VortexSault Sainte Marie, MI--$6,673
Best Maintenance and Lawn CareSault Sainte Marie, MI--$6,500
Robinson Fence CoPickford, MI--$6,295
The Waters Edge Dock and Hoist IncHowell, MI--$5,370
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$7,954
Fundraising Gross Income$7,954
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Fund$232,377
Lease Liabiity$1,738
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The executive director and the board of directos members review the form 990 before it is filed.

Form 990, Page 6, Part VI, Line 12C

Board of directors, members and employees are required to sign a conflict of interest/duality of interest statement annually

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy and financial statements are available to the public upon request at the office of the organization. Additionally, the form is available on website and at guidestar.

Filing and Contact Details

Filer

Filer Name
Eup Community Alliance Inc
EIN
38-3210718
Phone
9066351046
Address
P O BOX 1979, SAULT SAINTE MARIE, MI 49783
Doing Business As
Chippewa County Community Foundatio

Signing Officer

Name
Alex Prater
Title
Treasurer
Phone
9066351046
Signed
2024-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alex Prater
Formed
1994
Legal Domicile
Mi
Voting Board Members
14
Independent Board Members
14
Employees
3
Volunteers
75

Preparer

Firm
Lori Langendorf CPA
Address
301 E ANN ST, SAULT SAINTE MARIE, MI 49783
Preparer
Lori Langendorf
Phone
9066326341
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Adjustment 232,346 unrealized gain/loss 649,942 total 882,288

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The organization will use its endowment funds for charitable, education, cultural, recreational, environmental and social welfare purposes to benefit the citizens of chippewa county michigan.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0366755
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.39$0.26$6.13$0.77$0.43$0.34
2023Detailed filing. Detailed filing data is available for this year.$5.89$0.24$5.65$0.55$0.45$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.37$0.52$4.85$0.48$0.49$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.61$0.61$6.00$0.96$0.37$0.60
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.86$0.59$5.27$1.37$0.34$1.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.38$0.59$3.79$0.61$0.44$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.70$0.55$3.15$0.45$0.72$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.54$0.63$3.91$0.34$0.36$0.03
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.27$0.63$3.65$0.23$0.29$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.24$0.19$3.04$0.83$0.26$0.57
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.91$0.21$2.70$0.32$0.20$0.12
2013Detailed filing. Detailed filing data is available for this year.$2.83$0.21$2.62$0.20$0.13$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$0.18$2.34$0.15
2011Summary only. Only limited summary data is available for this year.$2.35$0.20$2.15$0.29$0.18$0.11