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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 82-4625051

SCHMIDT COMMUNITY FUND

Tax-exempt · TRAVERSE CITY, MI 49686

Financials

$97K$111K2023$84K$66K2024$74K$121K2025
Revenue Expenses · by fiscal year end
Financials of SCHMIDT COMMUNITY FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$73,586$120,822-$47,236$81,110$0$81,110
December 31, 2024990-EZ$83,955$65,717$18,238$128,346$0$128,346
December 31, 2023990-EZ$96,841$110,550-$13,709$110,108$0$110,108
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$73,586

Expenses

Grants and similar amounts paid
$120,762
Compensation of officers, directors and key employees
$0
Other expenses
$60

Balance sheet and other

Total assets, start of year
$128,346
Total assets, end of year
$81,110
Total liabilities, end of year
$0
Net assets, end of year
$81,110
Cash, savings and investments
$81,110
Gross receipts
$73,586

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL SCHMIDTPRESIDENT1$0
STEVE BELLTREASURER1$0
CARRIE SKOMPSECRETARY1$0
TOM GRAYMEMBER1$0
TRACY BACIGALUPIMEMBER1$0
SHAWN SCHMIDTMEMBER1$0
990-EZ for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
MICHAEL SCHMIDTPRESIDENT1$0
STEVE BELLTREASURER1$0
CARRIE SKOMPSECRETARY1$0
TOM GRAYMEMBER1$0
TRACY BACIGALUPIMEMBER1$0
SHAWN SCHMIDTMEMBER1$0
990-EZ for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
MICHAEL SCHMIDTPRESIDENT1$0
STEVE BELLTREASURER1$0
CARRIE SKOMPSECRETARY1$0
TOM GRAYMEMBER1$0
TRACY BACIGALUPIMEMBER1$0
SHAWN SCHMIDTMEMBER1$0

Address and contacts

Address (IRS master file)
402 E FRONT ST, TRAVERSE CITY, MI 49686-2614
In care of
% MICHAEL SCHMIDT
Signed the 990-EZ
MICHAEL SCHMIDT, PRESIDENT
Phone
(231) 929-2300
Return prepared by
DGN LLC

Mission

TO INVEST IN PEOPLE, PROGRAMS AND INITIATIVES IN THE COMMUNITIES IN WHICH WE LIVE AND SERVE THAT FURTHER THE LIFEWORK OF THE SCHMIDT FAMILY AND THE PURPOSE OF THE SCHMIDT COMMUNITY FUND WHERE TOGETHER, WE CAN DO MORE.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • SCHMIDT COMMUNITY FUND PROVIDES EDUCATIONAL SCHOLARSHIPS AND GRANTS TO INDIVIDUALS AND OTHER CHARITABLE ORGANIZATIONS CHOSEN BY THE SELECTION COMMITTEE. THIS AID IS AVAILABLE TO PUBLIC SCHOOL STUDENTS BASED ON SCHOLASTIC PERFORMANCE AND NEED DUE TO FINANCIAL HARDSHIP, AND OTHER ORGANIZATIONS IN SUPPORT OF THE NEEDY.

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-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2026 990-EZ for SCHMIDT COMMUNITY FUND

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
82-4625051
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
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$81,110
Income (IRS master file)
$73,586

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$73,586$120,822$81,110IRS
990-EZDecember 2024$83,955$65,717$128,346IRS
990-EZDecember 2023$96,841$110,550$110,108XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 82-4625051).

Questions about SCHMIDT COMMUNITY FUND

What is the EIN of SCHMIDT COMMUNITY FUND?
The employer identification number (EIN) of SCHMIDT COMMUNITY FUND is 82-4625051.
Is SCHMIDT COMMUNITY FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to SCHMIDT COMMUNITY FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SCHMIDT COMMUNITY 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 SCHMIDT COMMUNITY FUND 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 SCHMIDT COMMUNITY FUND last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of SCHMIDT COMMUNITY FUND?
The 990-EZ for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does SCHMIDT COMMUNITY FUND have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $73,586, expenses of $120,822 and total assets of $81,110 at year end.

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