2024-05-06T12:11:56-05:00 2023-12-31 202349670 DGN LLC PO BOX 947 TRAVERSE CITY MI 496850947 990 2023-01-01 300210866 NORTHERN MICHIGAN CATHOLIC FOUNDATION NORT 2319229070 PO BOX 4121 TRAVERSE CITY MI 49685 CHRISTIE PERDUE PRESIDENT 2316331614 2024-05-06 1 CHRISTIE PERDUE 999009999 0 AARON J MANSFIELD CPA P01230273 2319461722 2024-05-06 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z TOM HARDY PO BOX 4121 TRAVERSE CITY MI 49685 3291678 0 X NMCATHOLICFOUNDATION.ORG X 1998 MI THE FOUNDATION IS ORGANIZED TO SUPPORT FINANCIALLY THE SPIRITUAL, EDUCATIONAL, AND SOCIAL NEEDS OF THE LOCAL ROMAN CATHOLIC COMMUNITY WITHIN THE DIOCESE OF GAYLORD AND TO PROVIDE RESPONSIBLE AND EFFECTIVE FUNDRAISING, FINANCIAL MANAGEMENT, STEWARDSHIP, AND USE OF RESOURCES WITH DUE REGARD TO THE TEACHINGS OF THE ROMAN CATHOLIC FAITH. 8 8 1 0 0 0 5759596 1968282 0 0 1042392 1323396 0 0 6801988 3291678 613120 752555 0 0 0 24952 0 0 58972 203486 177420 816606 954927 5985382 2336751 30264807 36212071 49493 48568 30215314 36163503 X THE FOUNDATION IS ORGANIZED TO SUPPORT FINANCIALLY THE SPIRITUAL, EDUCATIONAL, AND SOCIAL NEEDS OF THE LOCAL ROMAN CATHOLIC COMMUNITY WITHIN THE DIOCESE OF GAYLORD AND TO PROVIDE RESPONSIBLE AND EFFECTIVE FUNDRAISING, FINANCIAL MANAGEMENT, STEWARDSHIP, AND USE OF RESOURCES WITH DUE REGARD TO THE TEACHINGS OF THE ROMAN CATHOLIC FAITH. 0 0 807500 752555 GRANTS PROVIDED TO CATHOLIC CHURCHES, SCHOOLS AND OTHER CATHOLIC ORGANIZATIONS IN CONNECTION WITH THE MISSION OF THE FOUNDATION TO PROVIDE CHARITABLE ASSISTANCE TO THE CATHOLIC COMMUNITY IN NORTHERN MICHIGAN 807500 1 1 0 0 0 1 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 X X TOM HARDY 2319229070 PO BOX 4121 TRAVERSE CITY MI 49685 REV JAMES HAYDEN VICE PRESIDENT 1.00 X X 0 0 0 JOHN PUETZ TREASURER 1.00 X X 0 0 0 JOEL R MYLER CHAIRMAN 2.00 X X 0 0 0 TIMOTHY J CLULO VICE CHAIRMAN 2.00 X X 0 0 0 STEFAN SCHOLL DIRECTOR 1.00 X 0 0 0 WAYNE MUELLER DIRECTOR 1.00 X 0 0 0 CLIFF ROBERTS DIRECTOR 1.00 X 0 0 0 MOST REV JEFFERY J WALSH DIRECTOR (NON-VOTING) 1.00 X 0 0 0 RON G HARRIS DIRECTOR 1.00 X 0 0 0 TOM HARDY PRESIDENT 40.00 X 21154 0 0 21154 0 0 0 0 0 0 0 1968282 1968282 788806 788806 534590 0 534590 534590 534590 3291678 534590 0 788806 752555 752555 23334 14000 9334 1618 971 647 86670 52002 34668 14520 8712 5808 54945 54945 3234 1940 1294 12540 7523 5017 4806 2884 1922 BANK SERVICE CHARGES AN 705 423 282 954927 807500 88455 58972 402161 188536 105827 0 29756819 36023535 30264807 36212071 1600 49493 46968 49493 48568 X 1043431 1109482 29171883 35054021 30215314 36163503 30264807 36212071 2336751 3601438 10000 0 X 0 1 X 1 0 X 743859 465769 990217 5759596 1968282 9927723 743859 465769 990217 5759596 1968282 9927723 9927723 3795542 1320299 1841620 1042392 1323396 9323249 19250972 0.51570 0.26680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 26637419 1968282 4143767 86670 32662798 25531112 5759596 -4537554 115735 26637419 23100813 990217 1551617 111535 25531112 20334803 419416 2405429 58835 23100813 16822841 743859 2834843 66740 20334803 0.90670 0.09330 0 0 0 CHARITABLE GIFT ANNUITY 46968 46968 X 6838171 3601438 3601438 3236733 54945 54945 3291678 899982 0 899982 54945 54945 954927 PART X, LINE 2: IN JULY 2018, THE INTERNAL REVENUE SERVICE DETERMINED THE FOUNDATION IS EXMEPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS SUBJECT TO INCOME TAX ONLY ON THE BUSINESS INCOME NOT RELATED TO ITS EXEMPT PURPOSE. SUCH TAXES ARE GENERALLY INSIGNIFICANT. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE DECEMBER 31, 2020. 0 ALL SAINTS CATHOLIC SCHOOL 500 N SECOND AVENUE ALPENA MI 49707 0 10000 GRANTS FOR GENERAL SUPPORT BISHOP BARAGA CATHOLIC SCHOOL 623 W LINCOLN AVENUE CHEBOYGAN MI 49721 0 8365 GRANTS FOR GENERAL SUPPORT DIOCESE OF GAYLORD 611 W NORTH STREET GAYLORD MI 49735 0 413700 GRANTS FOR GENERAL SUPPORT GRAND TRAVERSE CATHOLIC SCHOOLS 123 EAST 11TH STREET TRAVERSE CITY MI 49684 0 60620 GRANTS FOR GENERAL SUPPORT HOLY FAMILY CATHOLIC CHURCH 516 W LINCOLN EAST TAWAS MI 48730 0 82828 GRANTS FOR GENERAL SUPPORT OUR LADY OF THE LAKES REGIONAL CATHOLIC SCHOOL 1037 W HOUGHTON LAKE RD PRUDENVILLE MI 48651 0 10000 GRANTS FOR GENERAL SUPPORT ST FRANCIS XAVIER SCHOOL 414 MICHIGAN AVENUE PETOSKEY MI 49770 0 10000 GRANTS FOR GENERAL SUPPORT ST IGNATIUS OF LOYOLA CATHOLIC SCHOOL 545 S THIRD STREET ROGERS CITY MI 49779 0 10000 GRANTS FOR GENERAL SUPPORT ST JOSEPH CATHOLIC CHURCH 12675 CENTER ROAD TRAVERSE CITY MI 49686 0 14064 GRANTS FOR GENERAL SUPPORT ST JOSEPH CATHOLIC CHURCH 961 W HOUGHTON AVE WEST BRANCH MI 48661 0 6024 GRANTS FOR GENERAL SUPPORT ST MARY CATHEDRAL SCHOOL 606 N OHIO AVE GAYLORD MI 49735 0 6000 GRANTS FOR GENERAL SUPPORT ST MARY OF HANNAH CATHOLIC SCHOOL 2912 W M-113 KINGSLEY MI 49649 0 10000 GRANTS FOR GENERAL SUPPORT ST MARY SCHOOL 1005 BRIDGE ST CHARLEVOIX MI 49720 0 21882 GRANTS FOR GENERAL SUPPORT CROSS IN THE WOODS 7078 W M-68 HWY INDIAN RIVER MI 49749 0 43688 GRANTS FOR GENERAL SUPPORT SACRED HEART CATHOLIC CHURCH 5300 US-23 OSCODA MI 48750 0 35015 GRANTS FOR GENERAL SUPPORT SACRED HEART CEMETERY 5300 US-23 OSCODA MI 48750 0 5464 GRANTS FOR GENERAL SUPPORT FORM 990, PART VI, SECTION A, LINE 2 CERTAIN BOARD MEMBERS HAVE BUSINESS RELATIONSHIPS WITH OTHER BOARD MEMBERS. THE RELATIONSHIPS ARE NOT REPORTABLE BECAUSE THE TRANSACTIONS ARE CONDUCTED IN THE ORDINARY COURSE OF BUSINESS ON TERMS GENERALLY OFFERED TO THE PUBLIC. FORM 990, PART VI, SECTION A, LINE 3 THE FOUNDATION CONTRACTS WITH CP CONSULTING FOR EXECUTIVE DIRECTOR SERVICES. CP CONSULTING IS OWNED BY CHRISTIE PERDUE WHO SERVES AS PRESIDENT OF THE FOUNDATION AT THE PLEASURE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PROVIDED TO BOARD MEMBERS PRIOR TO THE BOARD MEETING. THE FORM 990 IS REVIEWED AT THIS MEETING; QUESTIONS ARE ADDRESSED, IF ANY, AND THE FORM 990 IS APPROVED BY THE BOARD PRIOR TO SUBMISSION TO THE DEPARTMENT OF TREASURY. FORM 990, PART VI, SECTION B, LINE 12C IN ORDER TO ASSURE PERSONS WHO HAVE A CONFLICT OF INTEREST WILL NOT HAVE INFLUENCE OVER NORTHERN MICHIGAN CATHOLIC FOUNDATION REGARDING BUSINESS DEALS WITH THEMSELVES, THE BOARD PERIODICALLY REVIEWS CONFLICTS AND RECUSES THOSE PERSONS WHEN SUCH CONFLICTS EXIST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD HAS CONTRACTED FOR EXECUTIVE DIRECTOR SERVICES. A BOARD COMMITTEE OBTAINS INFORMATION REGARDING COMPENSATION FOR SIMILARLY-SIZED NOT-FOR-PROFIT ORGANIZATIONS. THE CONTRACT FOR EXECUTIVE DIRECTOR SERVICES IS NEGOTIATED WITH THIS IN MIND. ONCE THE CONTRACT IS AGREED UPON, THE CONTRACT GOES BEFORE THE FULL BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 18 A COPY OF THE FOUNDATION'S FORM 1023 AND FORM 990 IS AVAILABLE UPON REQUEST AT THE FOUNDATION'S OFFICE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.