Nonprofit · EIN 38-3415982
LAPEER COMMUNITY SCHOLARSHIP AND STUDENT LOAN FUND INCORPORATED
Tax-exempt · LAPEER, MI 48446
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $32,822 | $23,813 | $9,009 | $592,316 | $0 | $592,316 |
| June 30, 2024 | 990 | $28,083 | $22,315 | $5,768 | $569,411 | $0 | $569,411 |
| June 30, 2023 | 990 | $22,776 | $20,663 | $2,113 | $541,351 | $0 | $541,351 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $10,630
- Program service revenue
- $3,191
- Investment income
- $17,601
- Net gain from sales of assets
- $4,009
- Other revenue
- $1,400
Expenses
- Grants and similar amounts paid
- $16,000
- Other salaries and wages
- $3,400
- Salaries, compensation and benefits (total)
- $3,400
- Professional fundraising fees
- $0
- Accounting fees
- $275
- Program services (functional)
- $23,301
- Management and general (functional)
- $512
Balance sheet and other
- Total assets, start of year
- $569,411
- Total assets, end of year
- $592,316
- Total liabilities, end of year
- $0
- Net assets, end of year
- $592,316
- Publicly traded securities
- $220,036
- Gross receipts
- $52,822
- Employees
- 0
- Volunteers
- 10
- Year formed
- 1959
- 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 |
|---|---|---|---|
| SUSAN WILMERS | EXEC SECRETA Officer | 5 | $2,400 |
| MELISSA HOPKINS | LOAN SECRETA Former | 2 | $1,000 |
| PETER BATISTONI | TREASURER Trustee or director, Officer | 0.5 | $0 |
| ADAM SCHLUSLER | DIRECTOR Trustee or director | 0.5 | $0 |
| ARTHUR R SIETING | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JEFF STANTON | DIRECTOR Trustee or director | 0.5 | $0 |
| JASON LARSON | DIRECTOR Trustee or director | 0.5 | $0 |
| ROBERT DENNANY | VICE-PRESIDE Trustee or director, Officer | 0.5 | $0 |
| MATT WANDRIE | DIRECTOR Trustee or director | 0.5 | $0 |
| SALLY MILLER | DIRECTOR Trustee or director | 0.5 | $0 |
| JENNIFER TAYLOR | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MELISSA HOPKINS | SECRETARY Officer | 2 | $3,000 |
| PETER BATISTONI | TREASURER Trustee or director, Officer | 0.25 | $0 |
| ADAM SCHLUSLER | DIRECTOR Trustee or director | 0 | $0 |
| ARTHUR R SIETING | PRESIDENT Trustee or director, Officer | 1 | $0 |
| SUSAN WILMERS | EXEC SECRETA Officer | 1 | $0 |
| JEFF STANTON | DIRECTOR Trustee or director | 0 | $0 |
| DOUG LINDSAY | DIRECTOR Trustee or director | 0 | $0 |
| ROBERT DENNANY | VICE-PRESIDE Trustee or director, Officer | 0 | $0 |
| MATT WANDRIE | DIRECTOR Trustee or director | 0 | $0 |
| SALLY MILLER | DIRECTOR Trustee or director | 0 | $0 |
| JENNIFER TAYLOR | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PETER BATISTONI | TREASURER Trustee or director, Officer | – | $0 |
| ADAM SCHLUSLER | DIRECTOR Trustee or director | – | $0 |
| ARTHUR R SIETING | PRESIDENT Trustee or director, Officer | 1 | $0 |
| SUSAN WILMERS | EXEC SECRETA Officer | 1 | $0 |
| JEFF STANTON | DIRECTOR Trustee or director | – | $0 |
| DOUG LINDSAY | DIRECTOR Trustee or director | – | $0 |
| ROBERT DENNANY | VICE-PRESIDE Trustee or director, Officer | – | $0 |
| MATT WANDRIE | DIRECTOR Trustee or director | – | $0 |
| SALLY MILLER | DIRECTOR Trustee or director | – | $0 |
| JENNIFER TAYLOR | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 250 2ND ST, LAPEER, MI 48446-1445
- In care of
- % DAVID DAGLEY
- Principal officer (990 for 2024)
- ARTHUR R SIETING, 638 FIRST ST, LAPEER, MI 48446
- Signed the 990
- ARTHUR R SIETING, PRESIDENT
- Phone
- (810) 664-7202
- Website
- LAPEERLOANFUND.ORG
- Return prepared by
- OESCH SIETING & HOWRYLAK
Mission
TO ASSIST GRADUATES OF LAPEER COMMUNITY SCHOOLS IN THE FINANCING OF THEIR ADVANCED STUDIES. THIS ASSISTANCE IS GIVEN IN THE FORM OF SCHOLARSHIPS AND LOANS.
Program accomplishments
- SIXTEEN HIGH SCHOOL GRADUATES RECEIVED SCHOLARSHIPS TO ATTEND THE COLLEGE OF THEIR CHOICE.Expenses $16,000 · grants $16,000
- LOANS ARE MADE TO LAPEER HIGH SCHOOL GRADUATES, TO LESSON THE BURDEN OF FURTHERING TEIR EDUCATION. THESE LOANS ARE REPAID WITH INTEREST AFTER THE STUDENTS GRADUATE, OR LEAVE SCHOOL.Expenses $7,301 · revenue $3,191
- VARIOUS ADMINISTRATIVE COSTS RELATED TO THE ORGANIZATION'S MISSION.
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
- 38-3415982
- 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
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $592,316
- Income (IRS master file)
- $52,822
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $32,822 | $23,813 | $592,316 | IRS |
| 990 | June 2024 | $28,083 | $22,315 | $569,411 | IRS |
| 990 | June 2023 | $22,776 | $20,663 | $541,351 | XML |
| 990 | June 2022 | $39,153 | $21,679 | $527,048 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990-EZ | 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 38-3415982).
Questions about LAPEER COMMUNITY SCHOLARSHIP AND STUDENT LOAN FUND INCORPORATED
- What is the EIN of LAPEER COMMUNITY SCHOLARSHIP AND STUDENT LOAN FUND INCORPORATED?
- The employer identification number (EIN) of LAPEER COMMUNITY SCHOLARSHIP AND STUDENT LOAN FUND INCORPORATED is 38-3415982.
- Is LAPEER COMMUNITY SCHOLARSHIP AND STUDENT LOAN FUND INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to LAPEER COMMUNITY SCHOLARSHIP AND STUDENT LOAN FUND INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAPEER COMMUNITY SCHOLARSHIP AND STUDENT LOAN FUND INCORPORATED 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 LAPEER COMMUNITY SCHOLARSHIP AND STUDENT LOAN FUND INCORPORATED 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 LAPEER COMMUNITY SCHOLARSHIP AND STUDENT LOAN FUND INCORPORATED 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 LAPEER COMMUNITY SCHOLARSHIP AND STUDENT LOAN FUND INCORPORATED?
- The 990 for the year ended June 30, 2025 names ARTHUR R SIETING.
- Who are the officers and directors of LAPEER COMMUNITY SCHOLARSHIP AND STUDENT LOAN FUND INCORPORATED?
- The 990 for the year ended June 30, 2025 lists 11 people; 2 received compensation from the organization, the highest $2,400 (SUSAN WILMERS, EXEC SECRETA).
- How much revenue does LAPEER COMMUNITY SCHOLARSHIP AND STUDENT LOAN FUND INCORPORATED have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $32,822, expenses of $23,813 and total assets of $592,316 at year end.
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