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Nonprofit · EIN 38-3035978

CDV5 FOUNDATION

Tax-exempt · GRAND RAPIDS, MI 49503

Financials

$3.2M$4.3M2023$3.9M$4.9M2024
Revenue Expenses · by fiscal year end
Financials of CDV5 FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$3,891,503$4,926,729-$1,035,226$72,201,170$0$72,201,170
December 31, 2023990-PF$3,241,779$4,344,710-$1,102,931$73,236,396$0$73,236,396
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$100
Dividends
$1,673,647
Net gain from sales of assets
$12,207
Other income
$2,205,549

Expenses

Grants and similar amounts paid
$4,172,500
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$4,380,904
Excise tax on investment income
$30,107

Balance sheet and other

Total assets, start of year
$73,236,396
Total assets, end of year
$72,201,170
Total liabilities, end of year
$0
Net assets, end of year
$72,201,170
Fair market value of assets
$82,141,217
Qualifying distributions
$4,380,904
Net investment income
$2,679,975

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-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
SUZANNE C DEVOS
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503
PRESIDENT/DIRECTOR1$0
ROBERT H SCHIERBEEK
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503
COO/VP/DIRECTOR0.1$0
JEFFREY S BOWERMAN
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503
VP OF TAX0.1$0
SUSAN E VALCQ
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503
TREASURER/SECRETARY0.1$0
JASON ZYLSTRA
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503
FOUNDATION MANAGER4$0
PAMELA PARRIOTT
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503
FOUNDATION MANAGER8$0
DOUGLAS L DEVOS
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503
DIRECTOR0$0
HANNAH J SHUE
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503
DIRECTOR0$0
KATELYN S RENKER
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
SUZANNE C DEVOS
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503
PRESIDENT/DIRECTOR1$0
ROBERT H SCHIERBEEK
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503
COO/VP/DIRECTOR0.1$0
JEFFREY S BOWERMAN
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503
VP OF TAX0.1$0
SUSAN E VALCQ
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503
TREASURER/SECRETARY0.1$0
NICHOLAS J THOLE
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503
VICE PRESIDENT0.1$0
JASON ZYLSTRA
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503
FOUNDATION MANAGER4$0
PAMELA PARRIOTT
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503
FOUNDATION MANAGER8$0
DOUGLAS L DEVOS
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503
DIRECTOR0$0
HANNAH J SHUE
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503
DIRECTOR0$0
KATELYN S RENKER
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503
DIRECTOR0$0

Address and contacts

Address (IRS master file)
200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503-2213
In care of
% JERRY L TUBERGEN
Signed the 990-PF
JEFFREY S BOWERMAN, VP OF TAX
Phone
(616) 643-4700
Return prepared by
DELOITTE TAX LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
38-3035978
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1992
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$72,201,170
Income (IRS master file)
$6,123,250

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$3,891,503$4,926,729$72,201,170XML
990-TDecember 2024–––IRS
990-PFDecember 2023$3,241,779$4,344,710$73,236,396XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––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 38-3035978).

Questions about CDV5 FOUNDATION

What is the EIN of CDV5 FOUNDATION?
The employer identification number (EIN) of CDV5 FOUNDATION is 38-3035978.
Is CDV5 FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to CDV5 FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CDV5 FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of CDV5 FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CDV5 FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of CDV5 FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does CDV5 FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,891,503, expenses of $4,926,729 and total assets of $72,201,170 at year end.

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