Nonprofit · EIN 38-2221284
GREATER GRATIOT DEVELOPMENT INC
Tax-exempt · ITHACA, MI 48847
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $716,547 | $547,888 | $168,659 | $3,038,888 | $56,657 | $2,982,231 |
| September 30, 2024 | 990 | $634,658 | $565,602 | $69,056 | $2,863,922 | $50,350 | $2,813,572 |
| September 30, 2023 | 990 | $576,014 | $475,671 | $100,343 | $2,769,536 | $25,020 | $2,744,516 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $630,231
- of which government grants
- $619,020
- Program service revenue
- $15,262
- Investment income
- $70,528
- Other revenue
- $526
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $141,136
- Other salaries and wages
- $173,783
- Salaries, compensation and benefits (total)
- $408,965
- Professional fundraising fees
- $0
- Legal fees
- $9,108
- Accounting fees
- $11,760
- Occupancy
- $16,537
- Travel
- $17,175
- Depreciation
- $7,923
- Program services (functional)
- $428,293
- Management and general (functional)
- $119,595
Balance sheet and other
- Total assets, start of year
- $2,863,922
- Total assets, end of year
- $3,038,888
- Total liabilities, end of year
- $56,657
- Net assets, end of year
- $2,982,231
- Land, buildings and equipment
- $55,070
- Net assets without donor restrictions
- $2,982,231
- Gross receipts
- $716,547
- Employees
- 4
- Volunteers
- 6
- Year formed
- 1978
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jim Wheeler | President Officer | 40 | $152,493 | $26,082 |
| Bill Henderson | Chairman Trustee or director, Officer | 1 | $0 | $0 |
| Kevin Collison | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Kevin Beeson | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Pam Munderloh | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Greg Mapes | At-Large Official Trustee or director | 1 | $0 | $0 |
| Marita Hattem-Schiffman | At-Large Official Trustee or director | 1 | $0 | $0 |
| Garth Anderson | Committee Member Trustee or director | 1 | $0 | $0 |
| Kurt Giles | Committee Member Trustee or director | 1 | $0 | $0 |
| Brian Goward | Committee Member Trustee or director | 1 | $0 | $0 |
| Sam Smith | Committee Member Trustee or director | 1 | $0 | $0 |
| Aeric Ripley | Committee Member Trustee or director | 1 | $0 | $0 |
| Terasa Burt | Committee Member Trustee or director | 1 | $0 | $0 |
| Tim Schaub | Committee Member Trustee or director | 1 | $0 | $0 |
| Dave Owens | Committee Member Trustee or director | 1 | $0 | $0 |
18 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jamey Conn | Committee Member Trustee or director | 1 | $0 |
| Alison Jerome | Committee Member Trustee or director | 1 | $0 |
| Josh Leppien | Committee Member Trustee or director | 1 | $0 |
| Joe Bowen | Committee Member Trustee or director | 1 | $0 |
| Shana Dancer | Committee Member Trustee or director | 1 | $0 |
| Adam Geers | Committee Member Trustee or director | 1 | $0 |
| Marci Browne | Committee Member Trustee or director | 1 | $0 |
| Adam Vibber | Committee Member Trustee or director | 1 | $0 |
| Bob Balzer | Committee Member Trustee or director | 1 | $0 |
| Gary Melow | Committee Member Trustee or director | 1 | $0 |
| Paul Hungerford | Committee Member Trustee or director | 1 | $0 |
| Carla Jensen | Committee Member Trustee or director | 1 | $0 |
| Doug Bush | Committee Member Trustee or director | 1 | $0 |
| Bob Studt | Committee Member Trustee or director | 1 | $0 |
| Chelsea Holmes Matz | Committee Member Trustee or director | 1 | $0 |
| Steve Bakker | Committee Member Trustee or director | 1 | $0 |
| Karla Childers | Committee Member Trustee or director | 1 | $0 |
| Curtis Dancer | Committee Member Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JIM WHEELER | PRESIDENT Officer | 40 | $137,041 | $39,156 |
| KEVIN BEESON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KEVIN COLLISON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MARITA HATTEM-SCHIFFMAN | AT-LARGE OFF Trustee or director | 1 | $0 | $0 |
| BILL HENDERSON | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| GREG MAPES | AT-LARGE OFF Trustee or director | 1 | $0 | $0 |
| PAM MUNDERLOH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended September 30, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JIM WHEELER | PRESIDENT Officer | 40 | $134,406 | $35,606 |
| KEVIN BEESON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KEVIN COLLISON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MARITA HATTEM-SCHIFFMAN | AT-LARGE OFF Trustee or director | 1 | $0 | $0 |
| BILL HENDERSON | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| GREG MAPES | AT-LARGE OFF Trustee or director | 1 | $0 | $0 |
| PAM MUNDERLOH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 136 S MAIN ST, ITHACA, MI 48847-1425
- Principal officer (990 for 2024)
- Kasey Zehner, 136 South Main, Ithaca, MI 488471440
- Signed the 990
- Kasey Zehner, President
- Phone
- (989) 875-2083
- Website
- www.gratiot.org
- Return prepared by
- YEO & YEO PC
Mission
To retain, expand, and attract business & industry and to participate in activities which enhance the economic climate within the Gratiot Community.
Program accomplishments
- The Organization services various loans which assist in a start up company or company expansion. Community economic development services are provided including small business consulting, industry retention, expansion and attraction efforts as well as community promotion and interaction among various types of state and local groups. The Organization also serves as a source for information.Expenses $428,293 · revenue $15,262
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 38-2221284
- 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
- 1993
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31Z)
- Assets (IRS master file)
- $3,038,888
- Income (IRS master file)
- $716,547
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $716,547 | $547,888 | $3,038,888 | XML |
| 990 | September 2024 | $634,658 | $565,602 | $2,863,922 | XML |
| 990 | September 2023 | $576,014 | $475,671 | $2,769,536 | XML |
| 990 | September 2022 | $531,888 | $438,758 | $2,659,852 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 38-2221284).
Questions about GREATER GRATIOT DEVELOPMENT INC
- What is the EIN of GREATER GRATIOT DEVELOPMENT INC?
- The employer identification number (EIN) of GREATER GRATIOT DEVELOPMENT INC is 38-2221284.
- Is GREATER GRATIOT DEVELOPMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to GREATER GRATIOT DEVELOPMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GREATER GRATIOT DEVELOPMENT 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 GREATER GRATIOT DEVELOPMENT INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GREATER GRATIOT DEVELOPMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of GREATER GRATIOT DEVELOPMENT INC?
- The 990 for the year ended September 30, 2025 names Kasey Zehner.
- Who are the officers and directors of GREATER GRATIOT DEVELOPMENT INC?
- The 990 for the year ended September 30, 2025 lists 33 people; 1 received compensation from the organization, the highest $152,493 (Jim Wheeler, President).
- How much revenue does GREATER GRATIOT DEVELOPMENT INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $716,547, expenses of $547,888 and total assets of $3,038,888 at year end.
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All nonprofits in ITHACA · Michigan · Community improvement and capacity building