Nonprofit · EIN 23-7034523
THE NORTHERN MICHIGAN UNIVERSITY FOUNDATION
Tax-exempt · MARQUETTE, MI 49855
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $12,623,680 | $5,017,434 | $7,606,246 | $85,717,144 | $1,916,774 | $83,800,370 |
| June 30, 2024 | 990 | $6,096,168 | $5,430,993 | $665,175 | $77,295,763 | $6,729,223 | $70,566,540 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $11,059,959
- of which government grants
- $2,634,534
- Program service revenue
- $0
- Investment income
- $2,327,363
- Net gain from sales of assets
- $409,898
- Other revenue
- -$763,642
Expenses
- Grants and similar amounts paid
- $3,749,214
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $7,678
- Accounting fees
- $159,433
- Travel
- $24,036
- Depreciation
- $114,249
- Program services (functional)
- $3,749,214
- Management and general (functional)
- $1,021,179
- Fundraising (functional)
- $247,041
Balance sheet and other
- Total assets, start of year
- $77,295,763
- Total assets, end of year
- $85,717,144
- Total liabilities, end of year
- $1,916,774
- Net assets, end of year
- $83,800,370
- Land, buildings and equipment
- $1,401,479
- Publicly traded securities
- $50,786,289
- Net assets without donor restrictions
- $16,529,731
- Net assets with donor restrictions
- $67,270,639
- Gross receipts
- $62,029,648
- Employees
- 0
- Volunteers
- 25
- Year formed
- 1968
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BRAD M CANALE | CHIEF EXECUTIVE OFFICER - PART YEAR Trustee or director, Officer | 40 | $0 | $245,296 | $93,456 |
| NICOLE A BLEMBERG | INTERIM CEO - 6/25, TRUSTEE Trustee or director, Officer | 40 | $0 | $0 | $0 |
| MARK B PYNNONEN | PRESIDENT Trustee or director, Officer | 1.9 | $0 | $0 | $0 |
| MICHAEL R OSWALD | VICE PRESIDENT Trustee or director, Officer | 1.9 | $0 | $0 | $0 |
| GERARD J MOLITOR | SECRETARY/TREASURER Trustee or director, Officer | 1.9 | $0 | $0 | $0 |
| JESSE W BELL | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| CAIN G BESSE | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| WILLIAM W BOWERMAN | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| KEVIN C BOYLE | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| WILLIAM W EDWARDS | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| JOSEPH A EVANS | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| TIMOTHY P GREELEY | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| STEPHEN P LATUS | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| JOHN F LIST | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| MARK R LOVELL | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RUSSELL M MAGNAGHI | TRUSTEE Trustee or director | 0.6 | $0 |
| LISA M MUELLER | TRUSTEE Trustee or director | 0.6 | $0 |
| DAVID R NERENZ | TRUSTEE Trustee or director | 0.6 | $0 |
| LISA A TOMSHECK | TRUSTEE Trustee or director | 0.6 | $0 |
| CURT L TUCKER | TRUSTEE Trustee or director | 0.6 | $0 |
990 for the year ended June 30, 2024: 20 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BRAD M CANALE | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 40 | $0 | $317,068 | $75,792 |
| KEVIN C BOYLE | SECRETARY/TREASURER Trustee or director, Officer | 1.9 | $0 | $0 | $0 |
| JOHN F LIST | PRESIDENT Trustee or director, Officer | 1.9 | $0 | $0 | $0 |
| MARK B PYNNONEN | VICE PRESIDENT Trustee or director, Officer | 1.9 | $0 | $0 | $0 |
| JESSE W BELL | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| CAIN BESSE | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| WILLIAM W BOWERMAN | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| WILLIAM W EDWARDS | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| JOSEPH A EVANS | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| NICOLE A BLEMBERG | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| STEPHEN P LATUS | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| MARK R LOVELL | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| RUSSELL M MAGNAGHI | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| GERARD J MOLITOR | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| LISA M MUELLER | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| DAVID R NERENZ | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| MICHAEL R OSWALD | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| CURT L TUCKER | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| TIMOTHY P GREELEY | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
| LISA A TOMSHECK | TRUSTEE Trustee or director | 0.6 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1401 PRESQUE ISLE AVE, MARQUETTE, MI 49855-2818
- Principal officer (990 for 2024)
- NICOLE BLEMBERG, 1401 PRESQUE ISLE AVE 607 COHODAS, MARQUETTE, MI 49855
- Signed the 990
- NICOLE BLEMBERG, INTERIM CHIEF EXECUTIVE OFFICER
- Phone
- (906) 227-2627
- Website
- HTTPS://FOUNDATION.NMU.EDU/
- Return prepared by
- PLANTE & MORAN PLLC
Mission
THE NMU FOUNDATION WILL ESTABLISH AND FOSTER RELATIONSHIPS TO GENERATE RESOURCES THAT BENEFIT THE STRATEGIC GOALS OF NORTHERN MICHIGAN UNIVERSITY.
Program accomplishments
- SCHOLARSHIPS AND OTHER FINANCIAL AID - PROVIDING FINANCIAL ASSISTANCE TO STUDENTS, ENABLING THEM TO OBTAIN A COLLEGE EDUCATION.Expenses $1,575,607 · grants $1,575,607
- ACADEMIC DEPARTMENTS AND PROGRAMS - PROVIDE SUPPORT TO NORTHERN MICHIGAN UNIVERSITY'S ACADEMIC DEPARTMENTS AND PROGRAMS TO INCREASE THE EDUCATIONAL OPPORTUNITIES FOR ITS STUDENTS.Expenses $1,165,993 · grants $1,165,993
- PUBLIC TELEVISION - PROVIDE OPERATING FUNDS FOR NORTHERN MICHIGAN UNIVERSITY'S PUBLIC TV STATION, BENEFITING THE RESIDENTS OF THE CENTRAL PORTION OF THE UPPER PENINSULA OF MICHIGAN WHO CHOOSE TO VIEW IT.Expenses $429,745 · grants $429,745
- PUBLIC RADIO (405,491) - PROVIDE OPERATING FUNDS FOR NORTHERN MICHIGAN UNIVERSITY'S PUBLIC RADIO STATION, BENEFITING THE RESIDENTS OF THE CENTRAL PORTION OF THE UPPER PENINSULA OF MICHIGAN WHO CHOOSE TO LISTEN TO IT.Expenses $405,491 · grants $405,491
- ATHLETICS (172,378) - PROVIDE SUPPORT FOR VARIOUS ATHLETIC PROGRAMS AT NORTHERN MICHIGAN UNIVERSITY, BENEFITING NORTHERN MICHIGAN UNIVERSITY ATHLETES, STUDENTS, AND AREA RESIDENTS.Expenses $172,378 · grants $172,378
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7034523
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1969
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B43I)
- Assets (IRS master file)
- $85,717,144
- Income (IRS master file)
- $62,029,648
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $12,623,680 | $5,017,434 | $85,717,144 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $6,096,168 | $5,430,993 | $77,295,763 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $18,008,930 | $4,810,789 | $70,883,331 | IRS |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7034523).
Questions about THE NORTHERN MICHIGAN UNIVERSITY FOUNDATION
- What is the EIN of THE NORTHERN MICHIGAN UNIVERSITY FOUNDATION?
- The employer identification number (EIN) of THE NORTHERN MICHIGAN UNIVERSITY FOUNDATION is 23-7034523.
- Is THE NORTHERN MICHIGAN UNIVERSITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
- Are donations to THE NORTHERN MICHIGAN UNIVERSITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE NORTHERN MICHIGAN UNIVERSITY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE NORTHERN MICHIGAN UNIVERSITY FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE NORTHERN MICHIGAN UNIVERSITY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE NORTHERN MICHIGAN UNIVERSITY FOUNDATION?
- The 990 for the year ended June 30, 2025 names NICOLE BLEMBERG.
- Who are the officers and directors of THE NORTHERN MICHIGAN UNIVERSITY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 20 people; 0 received compensation from the organization.
- How much revenue does THE NORTHERN MICHIGAN UNIVERSITY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $12,623,680, expenses of $5,017,434 and total assets of $85,717,144 at year end.
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- REGIONAL EDUCATIONAL MEDIA CENTER ASSOCIATION OF MICHIGAN EIN 38-3562321 · last filed 990 for 2025
- PETER WHITE PUBLIC LIBRARY DEVELOPMENT FUND EIN 38-3397775 · last filed 990 for 2025
- IRON MOUNTAIN PUBLIC SCHOOL SCHOLARSHIP FOUNDATION EIN 91-1777447 · last filed 990 for 2025
- UPPER PENINSULA REGION OF LIBRARY COOPERATION EIN 38-2454580 · last filed 990 for 2025
- JOHN N MCNEIL AND STELLA M MCNEIL SCHOLARSHIP TR EIN 38-6788691 · last filed 990-PF for 2025
- ELDRED G MUGFORD IRREV DISTRIBUTION TR EIN 47-7279157 · last filed 990-PF for 2025
- COMMITTEE FOR SOCCER AT MARQUETTE SENIOR HIGH SCHOOL EIN 38-3348021 · last filed 990-EZ for 2025