Civic Intelligence

Great Lakes People Fund

990EZ • Fiscal year 2014 • EIN 38-3220304

Jan 01, 2014 to Dec 31, 2014 • Filed on Feb 15, 2015

1323 Boyne Avenue PO Box 70Boyne City, MI 49712

(231) 487-1392

Siviq Scores

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

Liabilities / Assets

70th percentile

0.04x

Higher debt load relative to assets than 70% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

74th percentile

0.04x

Higher debt load relative to revenue than 74% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

77th percentile

20%

Higher net margin than 77% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

68th percentile

15%

Faster asset growth than 68% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

66th percentile

14%

Faster revenue growth than 66% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$186,277

Up $24,958 (+15%) from 2013

Net Assets

Up

$178,777

Up $37,458 (+27%) from 2013

Liabilities

Down

$7,500

Down $12,500 (-63%) from 2013

Revenue

Up

$185,899

Up $22,279 (+14%) from 2013

Expenses

Down

$148,441

Down $19,570 (-12%) from 2013

Net Income

Up

$37,458

Up $41,849 (+953%) from 2013

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $188,295Liabilities 2010: $12,000Net Assets 2010: $176,2952010Assets 2011: $150,978Liabilities 2011: $14,100Net Assets 2011: $136,8782011Assets 2012: $162,210Liabilities 2012: $16,500Net Assets 2012: $145,7102012Assets 2013: $161,319Liabilities 2013: $20,000Net Assets 2013: $141,3192013Assets 2014: $186,277Liabilities 2014: $7,500Net Assets 2014: $178,7772014Assets 2015: $196,273Liabilities 2015: $16,300Net Assets 2015: $179,9732015Assets 2016: $213,776Liabilities 2016: $31,450Net Assets 2016: $182,3262016Assets 2017: $217,508Liabilities 2017: $19,884Net Assets 2017: $197,6242017Assets 2018: $247,196Liabilities 2018: $28,454Net Assets 2018: $218,7422018Assets 2019: $286,424Liabilities 2019: $43,000Net Assets 2019: $243,4242019Assets 2020: $296,209Liabilities 2020: $20,987Net Assets 2020: $275,2222020Assets 2021: $173,700Liabilities 2021: $13,000Net Assets 2021: $160,7002021Assets 2022: $172,520Liabilities 2022: $9,100Net Assets 2022: $163,4202022Assets 2023: $199,601Liabilities 2023: $15,000Net Assets 2023: $184,6012023Assets 2024: $207,222Liabilities 2024: $15,287Net Assets 2024: $191,9352024

Highlighted filing

2014

Assets$186,277
Liabilities$7,500
Net Assets$178,777

Operations Trend

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

$400K$200K$0-$200KRevenue 2010: $132,186Expenses 2010: $184,384Net Income 2010: -$52,1982010Revenue 2011: $136,164Expenses 2011: $175,581Net Income 2011: -$39,4172011Revenue 2012: $146,180Expenses 2012: $137,348Net Income 2012: $8,8322012Revenue 2013: $163,620Expenses 2013: $168,011Net Income 2013: -$4,3912013Revenue 2014: $185,899Expenses 2014: $148,441Net Income 2014: $37,4582014Revenue 2015: $192,911Expenses 2015: $191,715Net Income 2015: $1,1962015Revenue 2016: $202,780Expenses 2016: $200,427Net Income 2016: $2,3532016Revenue 2017: $216,874Expenses 2017: $201,576Net Income 2017: $15,2982017Revenue 2018: $232,485Expenses 2018: $211,367Net Income 2018: $21,1182018Revenue 2019: $242,587Expenses 2019: $217,905Net Income 2019: $24,6822019Revenue 2020: $255,897Expenses 2020: $224,099Net Income 2020: $31,7982020Revenue 2021: $274,038Expenses 2021: $388,560Net Income 2021: -$114,5222021Revenue 2022: $267,277Expenses 2022: $264,557Net Income 2022: $2,7202022Revenue 2023: $267,851Expenses 2023: $246,670Net Income 2023: $21,1812023Revenue 2024: $268,756Expenses 2024: $261,422Net Income 2024: $7,3342024

Highlighted filing

2014

Revenue$185,899
Expenses$148,441
Net Income$37,458
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Feb 15, 2015
Return Version
2014v5.0
Gross Receipts
$185,899
Mission and Program Overview

Mission

The great lakes energy people fund exists to support charitable, scientific, educational and benevolent purposes by making distributions to organizations qualifying under internal revenue code section 501(c)(3). All of the organizations receiving the grants must apply for the grants and qualify accordingly to receive the grants based upon various factors set forth by the board members of the fund.

The great lakes energy people fund exists to support humanitarian, charitable, scientific, educational, community development, and benevolent purposes by making distributions to organizations qualifying under internal revenue code section 501(c)(3) or as tax exempt organizations. All of the organizations receiving the grants must apply for the grants and qualify accordingly to receive the distributions based upon various factors set forth by the board members of the fund. Approximately 60 grants were awarded during 2014.

Program Services

DescriptionGrantsExpenses
SUPPORT FOR QUALIFYING ORGANIZATIONS - SEE FURTHER EXPLANATION AS DETAILED IN ORGANIZATION'S "MISSION" AND "PRIMARY EXEMPT PURPOSE" STATEMENT. APPROXIMATELY 60 GRANTS WERE MADE IN 2014.$148,441$148,441
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHLEEN ANDERSONPresident-$0--
DAVID WAGNERDirector-$0--
MIKE STOWETreasurer-$0--
SHARON TEMPLARSecretary-$0--
TERRY DISTELDirector-$0--
ROBIN MCCARTYDirector-$0--
MATT SODERQUISTDirector-$0--
AL QUAALDirector-$0--
SHELLEY MYERSDirector-$0--
LAURA BEYERDirector-$0--
WAYNE BUMSTEADDirector-$0--
BEVERLY CASSIDYDirector-$0--
LINDA FIRLIKDirector-$0--
Filing and Contact Details

Filer

Filer Name
Great Lakes Energy People Fund
EIN
38-3220304
Phone
2314871392
Address
1323 BOYNE AVENUE PO BOX 70, BOYNE CITY, MI 49712

Signing Officer

Name
Shari Culver
Title
Manager
Phone
2314871392
Signed
2015-02-15
Discuss with paid preparer
Yes

Preparer

Firm
Bunker Clark Winnell & Nuorala Pc
Address
2301 MITCHELL PARK DRIVE, PETOSKEY, MI 49770
Preparer
Michael L Nuorala
Phone
2313473963
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Approx 60 org's, net of forfeitures cash none related c/o: 1323 boyne ave 148,441 0 boyne city, mi 49712 0

Form 990-ez, Part II, Line 24

Accounts receivable 14,096 13,605 total 14,096 13,605

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 20,000 7,500

Form 990-ez, Part III

The great lakes energy people fund exists to support humanitarian, charitable, scientific, educational, community development, and benevolent purposes by making distributions to organizations qualifying under internal revenue code section 501(c)(3) or as tax exempt organizations. All of the organizations receiving the grants must apply for the grants and qualify accordingly to receive the distributions based upon various factors set forth by the board members of the fund. Approximately 60 grants were awarded during 2014.

Form 990-ez, Part III, Line 28

Support for qualifying organizations - see further explanation as detailed in organization's "mission" and "primary exempt purpose" statement. Approximately 60 grants were made in 2014.

Form 990-ez, Part V, Line 34

Organization amended their bylaws to reflect a change that states that "all directors must reside in one of the counties served by the great lakes energy cooperative."

Raw XML Appendix179 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.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MATT SODERQUIST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7AL QUAAL
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9LAURA BEYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10WAYNE BUMSTEAD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11BEVERLY CASSIDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12LINDA FIRLIK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt014096
IRS990EZ/OtherAssetsTotalDetail/EOYAmt013605
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE GREAT LAKES ENERGY PEOPLE FUND EXISTS TO SUPPORT HUMANITARIAN, CHARITABLE, SCIENTIFIC, EDUCATIONAL, COMMUNITY DEVELOPMENT, AND BENEVOLENT PURPOSES BY MAKING DISTRIBUTIONS TO ORGANIZATIONS QUALIFYING UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) OR AS TAX EXEMPT ORGANIZATIONS. ALL OF THE ORGANIZATIONS RECEIVING THE GRANTS MUST APPLY FOR THE GRANTS AND QUALIFY ACCORDINGLY TO RECEIVE THE DISTRIBUTIONS BASED UPON VARIOUS FACTORS SET FORTH BY THE BOARD MEMBERS OF THE FUND. APPROXIMATELY 60 GRANTS WERE AWARDED DURING 2014.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SUPPORT FOR QUALIFYING ORGANIZATIONS - SEE FURTHER EXPLANATION AS DETAILED IN ORGANIZATION'S "MISSION" AND "PRIMARY EXEMPT PURPOSE" STATEMENT. APPROXIMATELY 60 GRANTS WERE MADE IN 2014.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0131250
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IRS990ScheduleA/PublicSupportPY170Pct00.99500
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0APPROX 60 ORG'S, NET OF FORFEITURES CASH NONE RELATED C/O: 1323 BOYNE AVE 148,441 0 BOYNE CITY, MI 49712 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 14,096 13,605 TOTAL 14,096 13,605
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 20,000 7,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GREAT LAKES ENERGY PEOPLE FUND EXISTS TO SUPPORT HUMANITARIAN, CHARITABLE, SCIENTIFIC, EDUCATIONAL, COMMUNITY DEVELOPMENT, AND BENEVOLENT PURPOSES BY MAKING DISTRIBUTIONS TO ORGANIZATIONS QUALIFYING UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) OR AS TAX EXEMPT ORGANIZATIONS. ALL OF THE ORGANIZATIONS RECEIVING THE GRANTS MUST APPLY FOR THE GRANTS AND QUALIFY ACCORDINGLY TO RECEIVE THE DISTRIBUTIONS BASED UPON VARIOUS FACTORS SET FORTH BY THE BOARD MEMBERS OF THE FUND. APPROXIMATELY 60 GRANTS WERE AWARDED DURING 2014.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SUPPORT FOR QUALIFYING ORGANIZATIONS - SEE FURTHER EXPLANATION AS DETAILED IN ORGANIZATION'S "MISSION" AND "PRIMARY EXEMPT PURPOSE" STATEMENT. APPROXIMATELY 60 GRANTS WERE MADE IN 2014.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ORGANIZATION AMENDED THEIR BYLAWS TO REFLECT A CHANGE THAT STATES THAT "ALL DIRECTORS MUST RESIDE IN ONE OF THE COUNTIES SERVED BY THE GREAT LAKES ENERGY COOPERATIVE."
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART V, LINE 34
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHARI CULVER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum02314871392
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREAT LAKES ENERGY PEOPLE FUND
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0383220304
ReturnHeader/Filer/PhoneNum02314871392
ReturnHeader/Filer/USAddress/AddressLine1Txt01323 BOYNE AVENUE PO BOX 70
ReturnHeader/Filer/USAddress/CityNm0BOYNE CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049712
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382666112
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BUNKER CLARK WINNELL & NUORALA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02301 MITCHELL PARK DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PETOSKEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049770
ReturnHeader/PreparerPersonGrp/PhoneNum02313473963
ReturnHeader/PreparerPersonGrp/PreparationDt02015-02-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL L NUORALA
ReturnHeader/ReturnTs02015-02-28T06:07:33-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.07$0.15$1.92$2.69$2.61$0.07
2023Detailed filing. Detailed filing data is available for this year.$2.00$0.15$1.85$2.68$2.47$0.21
2022Detailed filing. Detailed filing data is available for this year.$1.73$0.09$1.63$2.67$2.65$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.74$0.13$1.61$2.74$3.89$1.15
2020Detailed filing. Detailed filing data is available for this year.$2.96$0.21$2.75$2.56$2.24$0.32
2019Detailed filing. Detailed filing data is available for this year.$2.86$0.43$2.43$2.43$2.18$0.25
2018Detailed filing. Detailed filing data is available for this year.$2.47$0.28$2.19$2.32$2.11$0.21
2017Detailed filing. Detailed filing data is available for this year.$2.18$0.20$1.98$2.17$2.02$0.15
2016Detailed filing. Detailed filing data is available for this year.$2.14$0.31$1.82$2.03$2.00$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.96$0.16$1.80$1.93$1.92$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.86$0.08$1.79$1.86$1.48$0.37
2013Detailed filing. Detailed filing data is available for this year.$1.61$0.20$1.41$1.64$1.68$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.17$1.46$1.46$1.37$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.14$1.37$1.36$1.76$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.12$1.76$1.32$1.84$0.52