Skip to main content

Nonprofit · EIN 27-0593904

MICHELS CORPORATION SCHOLARSHIP FUND INC

Also known as MICHELS SCHOLARSHIP FUND

Tax-exempt · BROWNSVILLE, WI 53006

Financials

$111K$96K2023$197K$110K2024$243K$122K2025
Revenue Expenses · by fiscal year end
Financials of MICHELS CORPORATION SCHOLARSHIP FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$242,864$122,352$120,512$456,887$0$456,887
December 31, 2024990$197,372$110,335$87,037$336,375$0$336,375
December 31, 2023990$111,475$96,462$15,013$251,338$2,000$249,338
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$212,850
Program service revenue
$0
Investment income
$12,301
Net gain from sales of assets
$7,221
Net income from fundraising events
-$1,135
Net income from gaming
$12,714
Net income from sales of inventory
$6,134
Other revenue
$17,713

Expenses

Grants and similar amounts paid
$117,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$4,652
Program services (functional)
$117,000
Management and general (functional)
$5,352

Balance sheet and other

Total assets, start of year
$336,375
Total assets, end of year
$456,887
Total liabilities, end of year
$0
Net assets, end of year
$456,887
Publicly traded securities
$132,717
Gross receipts
$422,133
Employees
0
Volunteers
30
Year formed
2009
State of legal domicile
WI

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARYSUE C MICHELSPRES/TREAS/DIR
Trustee or director, Officer
2$0
PATRICK D MICHELSVICE PRES/SEC/DIR
Trustee or director, Officer
1$0
MICHELLE M FINNDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
MARYSUE C MICHELSPRES/TREAS/DIR
Trustee or director, Officer
2$0
PATRICK D MICHELSVICE PRES/SEC/DIR
Trustee or director, Officer
1$0
MICHELLE M FINNDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
MARYSUE C MICHELSPRES/TREAS/DIR
Trustee or director, Officer
2$0
PATRICK D MICHELSVICE PRES/SEC/DIR
Trustee or director, Officer
1$0
MICHELLE M FINNDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 128, BROWNSVILLE, WI 53006-0128
In care of
% JILL LARONGE
Mailing address (990-N for 2015)
PO BOX 128, BROWNSVILLE WI 53006
Principal officer (990 for 2025)
PATRICK D MICHELS, PO BOX 128, BROWNSVILLE, WI 53006
Principal officer (990-N for 2015)
MarySue Michels, PO Box 190, Brownsville WI 53006
Signed the 990
PATRICK D MICHELS, VP/SEC/DIR
Phone
(920) 583-3132
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

THE FUND'S MISSION IS TO PROVIDE SCHOLARSHIPS FOR POST-SECONDARY EDUCATION TO EMPLOYEES AND CHILDREN OF EMPLOYEES OF MICHELS CORPORATION, ITS SUBSIDIARIES AND AFFILIATES.

990 for the year ended December 31, 2025

Program accomplishments

  • THE SCHOLARSHIP FUND WAS ESTABLISHED BY THE MICHELS FAMILY TO HELP EMPLOYEES, THEIR SPOUSES AND THEIR CHILDREN PURSUE CONTINUING EDUCATION. FUNDED BY DONATIONS FROM MICHELS EMPLOYEES, THE SCHOLARSHIP FUND AWARDS SCHOLARSHIPS TO STUDENTS PURSUING UNIVERSITY DEGREES AS WELL AS THOSE PARTICIPATING IN TRADE AND TECHNICAL PROGRAMS. THE FUND AWARDED 21 SCHOLARSHIPS IN THE CALENDAR YEAR ENDING DECEMBER 31, 2025.
    Expenses $117,000 · grants $117,000

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-0593904
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$456,887
Income (IRS master file)
$422,133

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$242,864$122,352$456,887XML
990December 2024$197,372$110,335$336,375XML
990December 2023$111,475$96,462$251,338XML
990December 2022$90,487$75,959$234,325IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS
990-N for 2015
Officer: MarySue Michels
December 31, 2015≤ $50,000 receipts––e-Postcard

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 27-0593904).

Questions about MICHELS CORPORATION SCHOLARSHIP FUND INC

What is the EIN of MICHELS CORPORATION SCHOLARSHIP FUND INC?
The employer identification number (EIN) of MICHELS CORPORATION SCHOLARSHIP FUND INC is 27-0593904.
Is MICHELS CORPORATION SCHOLARSHIP FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to MICHELS CORPORATION SCHOLARSHIP FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MICHELS CORPORATION SCHOLARSHIP FUND INC 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 MICHELS CORPORATION SCHOLARSHIP FUND INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MICHELS CORPORATION SCHOLARSHIP FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MICHELS CORPORATION SCHOLARSHIP FUND INC?
The 990 for the year ended December 31, 2025 names PATRICK D MICHELS.
Who are the officers and directors of MICHELS CORPORATION SCHOLARSHIP FUND INC?
The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does MICHELS CORPORATION SCHOLARSHIP FUND INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $242,864, expenses of $122,352 and total assets of $456,887 at year end.

Other nonprofits in BROWNSVILLE

All nonprofits in BROWNSVILLE · Wisconsin · Education