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Nonprofit · EIN 46-5054207

MICHIGAN HEALTH ENDOWMENT FUND

Tax-exempt · BRIGHTON, MI 48114

Financials

$112.3M$45.1M2023$116.1M$46.8M2024
Revenue Expenses · by fiscal year end
Financials of MICHIGAN HEALTH ENDOWMENT FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$116,075,631$46,797,977$69,277,654$589,079,701$23,962,476$565,117,225
December 31, 2023990$112,333,265$45,073,297$67,259,968$479,695,196$20,901,637$458,793,559
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$100,000,000
Program service revenue
$0
Investment income
$16,075,631
Net gain from sales of assets
$5,550,538
Other revenue
$0

Expenses

Grants and similar amounts paid
$35,754,942
Compensation of officers, directors and key employees
$1,763,867
Other salaries and wages
$1,965,739
Salaries, compensation and benefits (total)
$4,364,929
Professional fundraising fees
$0
Legal fees
$41,014
Occupancy
$492,704
Travel
$56,427
Depreciation
$51,447
Program services (functional)
$43,643,815
Management and general (functional)
$3,154,162

Balance sheet and other

Total assets, start of year
$479,695,196
Total assets, end of year
$589,079,701
Total liabilities, end of year
$23,962,476
Net assets, end of year
$565,117,225
Land, buildings and equipment
$229,049
Publicly traded securities
$305,694,617
Net assets without donor restrictions
$278,917,225
Net assets with donor restrictions
$286,200,000
Gross receipts
$322,412,815
Employees
27
Volunteers
0
Year formed
2014
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
NEEL HAJRACHIEF EXECUTIVE OFFICER
Officer
40$368,260$57,489
ALAN HARRISDIRECTOR OF INVESTMENTS
Key employee
40$270,000$51,610
SHARON KARABOYASCOO/CFO
Officer
40$260,000$50,987
KARI SEDERBURGVP PROGRAMS
Officer
40$218,400$48,470
REBECCA CIENKIPROGRAM DIRECTOR, BEHAVIORAL HEALTH
Key employee
40$188,600$46,626
LAURIE SOLOTOROWPROGRAM DIRECTOR, NUTRITION & HEALTHY LIFESTYLES
Key employee
40$177,232$19,799
DREW MURRAYSENIOR PROGRAM OFFICER, BEHAVIORAL HEALTH
Highest-paid employee
40$150,000$44,836
PHILIP LEWISSENIOR PROGRAM OFFICER, HEALTHY AGING
Highest-paid employee
40$143,100$43,706
JAN DELATORRESENIOR PROGRAM OFFICER, NUTRITION & HEALTHY LIFESTYLES
Highest-paid employee
40$144,050$41,614
TIM NIYONSENGASENIOR PROGRAM OFFICER, HEALTHY AGING
Highest-paid employee
40$139,050$43,449
JULIE SKUBIKEXECUTIVE ASSISTANT
Highest-paid employee
40$126,360$40,168
GILDA JACOBSBOARD SECRETARY
Trustee or director, Officer
1$0$0
HENRY VEENSTRABOARD TREASURER (THRU 10/2024)
Trustee or director, Officer
2$0$0
KATHRYN BOLESBOARD CHAIR
Trustee or director, Officer
2$0$0
LYNN CHEN-ZHANGBOARD TREASURER (AS OF 02/2024)
Trustee or director, Officer
1$0$0
8 more people on this return
NameTitleHours / weekCompensation
MICHAEL WILLIAMSBOARD VICE CHAIR
Trustee or director, Officer
1$0
ELIZABETH BOYDBOARD MEMBER
Trustee or director
1$0
JAMES WOMACKBOARD MEMBER
Trustee or director
1$0
LEILA KELLOBOARD MEMBER (AS OF 02/2024)
Trustee or director
1$0
QUAN GERVILLE-REACHEBOARD MEMBER (AS OF 10/2024)
Trustee or director
1$0
SUE JANDERNOABOARD MEMBER (THRU 02/2024)
Trustee or director
0.1$0
TINA WAHLBOARD MEMBER (THRU 02/2024)
Trustee or director
0.1$0
ZAINEB HUSSEINBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
NEEL HAJRACHIEF EXECUTIVE OFFICER
Officer
40$344,508$54,038
ALAN HARRISDIRECTOR OF INVESTMENTS
Key employee
40$249,615$50,032
SHARON KARABOYASC.O.O. AND C.F.O.
Officer
40$240,000$38,267
KARI SEDERBURGVICE-PRESIDENT, PROGRAMS
Officer
40$205,961$33,920
REBECCA CIENKIDIRECTOR, BEHAVIORAL HEALTH
Key employee
40$181,846$38,387
LAURIE SOLOTOROWDIR., NUTRITION/HEALTHY LIFESTYLES
Key employee
40$171,481$44,257
LYNDA ZELLERSR. FELLOW, BEHAVIORAL HEALTH
Highest-paid employee
40$147,262$37,990
MEGAN MURPHYDIRECTOR, COMMUNITY HEALTH
Key employee
40$150,654$25,939
PHIL LEWISPROGRAM OFFICER, HEALTHY AGING
Highest-paid employee
40$131,769$31,550
TIM NIYONSENGAPROGRAM OFFICER, HEALTHY AGING
Highest-paid employee
40$130,289$28,019
JAN DELATORRESR. PROG. OFF., NUTR./HEALTHY LIFE.
Highest-paid employee
40$131,769$16,777
JULIE SKUBIKEXECUTIVE ASSISTANT
Highest-paid employee
40$121,625$22,303
SUSAN JANDERNOACHAIR
Trustee or director, Officer
2$0$0
KATHRYN BOLESVICE-CHAIR
Trustee or director, Officer
1$0$0
HENRY VEENSTRATREASURER
Trustee or director, Officer
2$0$0
MICHAEL WILLIAMSSECRETARY
Trustee or director, Officer
1$0$0
ELIZABETH BOYDDIRECTOR
Trustee or director
1$0$0
ZAINEB HUSSIENDIRECTOR
Trustee or director
1$0$0
GILDA JACOBSDIRECTOR
Trustee or director
1$0$0
TINA WAHLDIRECTOR
Trustee or director
1$0$0
JAMES WOMACKDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
9829 SPENCER RD STE 201, BRIGHTON, MI 48114-7718
In care of
% TERRY GARDENER
Principal officer (990 for 2024)
NEEL HAJRA, 9829 SPENCER ROAD 201, BRIGHTON, MI 481147718
Signed the 990
SHARONKARABOYAS, COO & CFO
Phone
(517) 374-0031
Return prepared by
BDO USA

Mission

THE MISSION OF THE MICHIGAN HEALTH ENDOWMENT FUND IS TO IMPROVE THE HEALTH OF MICHIGAN RESIDENTS, WITH SPECIAL EMPHASIS ON THE HEALTH AND WELLNESS OF CHILDREN AND SENIORS, WHILE REDUCING THE COST OF HEALTH CARE.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FUND PROVIDES GRANTS TO VARIOUS ELIGIBLE ORGANIZATIONS TO HELP IMPROVE THE HEALTH OF MICHIGAN RESIDENTS AND REDUCE THE COST OF HEALTH CARE, WITH A SPECIAL EMPHASIS ON THE HEALTH AND WELLNESS OF CHILDREN AND SENIORS.
    Expenses $43,643,815 · grants $35,754,942

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-5054207
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$589,079,701
Income (IRS master file)
$322,412,815

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$116,075,631$46,797,977$589,079,701XML
990December 2023$112,333,265$45,073,297$479,695,196XML
990December 2022$108,315,323$58,510,745$363,800,759IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 46-5054207).

Questions about MICHIGAN HEALTH ENDOWMENT FUND

What is the EIN of MICHIGAN HEALTH ENDOWMENT FUND?
The employer identification number (EIN) of MICHIGAN HEALTH ENDOWMENT FUND is 46-5054207.
Is MICHIGAN HEALTH ENDOWMENT FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to MICHIGAN HEALTH ENDOWMENT FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does MICHIGAN HEALTH ENDOWMENT FUND 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 MICHIGAN HEALTH ENDOWMENT FUND 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 MICHIGAN HEALTH ENDOWMENT FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MICHIGAN HEALTH ENDOWMENT FUND?
The 990 for the year ended December 31, 2024 names NEEL HAJRA.
Who are the officers and directors of MICHIGAN HEALTH ENDOWMENT FUND?
The 990 for the year ended December 31, 2024 lists 23 people; 11 received compensation from the organization, the highest $368,260 (NEEL HAJRA, CHIEF EXECUTIVE OFFICER).
How much revenue does MICHIGAN HEALTH ENDOWMENT FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $116,075,631, expenses of $46,797,977 and total assets of $589,079,701 at year end.

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