Nonprofit · EIN 87-4340021
FUND FOR LAKE MICHIGAN INC
Tax-exempt · MILWAUKEE, WI 53204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,425,000 | $1,314,354 | $110,646 | $801,568 | $654,000 | $147,568 |
| December 31, 2024 | 990 | $425,000 | $1,146,706 | -$721,706 | $38,877 | $1,955 | $36,922 |
| December 31, 2023 | 990 | $1,538,874 | $780,246 | $758,628 | $758,941 | $313 | $758,628 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,425,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,250,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,350
- Program services (functional)
- $1,285,846
- Management and general (functional)
- $28,508
Balance sheet and other
- Total assets, start of year
- $38,877
- Total assets, end of year
- $801,568
- Total liabilities, end of year
- $654,000
- Net assets, end of year
- $147,568
- Net assets without donor restrictions
- $147,568
- Gross receipts
- $1,425,000
- Employees
- 0
- Volunteers
- 6
- Year formed
- 2022
- State of legal domicile
- WI
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Steve Galarneau | Chair Trustee or director, Officer | 1 | $0 |
| Mark Resten | Vice Chair Trustee or director, Officer | 1 | $0 |
| Jeff Jaeckels | Secretary Trustee or director, Officer | 1 | $0 |
| David Lee | Treasurer Trustee or director, Officer | 1 | $0 |
| Emily Green | Director Trustee or director | 1 | $0 |
| Tom Hanrahan | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Steve Galarneau | Chair Trustee or director, Officer | 1 | $0 |
| Mark Resten | Vice Chair Trustee or director, Officer | 1 | $0 |
| Jeff Jaeckels | Secretary Trustee or director, Officer | 1 | $0 |
| David Lee | Treasurer Trustee or director, Officer | 1 | $0 |
| Emily Green | Director Trustee or director | 1 | $0 |
| Tom Hanrahan | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Steve Galarneau | Chair Trustee or director, Officer | 1 | $0 |
| Mark Resten | Vice Chair Trustee or director, Officer | 1 | $0 |
| Jeff Jaeckels | Secretary Trustee or director, Officer | 1 | $0 |
| David Lee | Treasurer Trustee or director, Officer | 1 | $0 |
| Emily Green | Director Trustee or director | 1 | $0 |
| Tom Hanrahan | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 247 WEST FRESHWATER WAY STE 542, MILWAUKEE, WI 53204-4117
- Mailing address (990-N for 2022)
- 247 West Freshwater Way, Milwaukee WI 53204
- Principal officer (990 for 2025)
- Vicki Elkin, 247 West Freshwater Way, Suite 542, Milwaukee, WI 53204
- Principal officer (990-N for 2022)
- David M Lee, 247 West Freshwater Way, Milwaukee WI 53204
- Signed the 990
- Stephen G Galarneau, Chair
- Phone
- (608) 334-1473
- Return prepared by
- Judy Krause Consulting LLC
Mission
Lake Michigan is one of Wisconsin's greatest assets, and its water is critical to the state's future. The Fund for Lake Michigan is here to help sustain the Lake on behalf of the people and places that depend on it. Our goal is to have a deep, positive impact on the health of Lake Michigan and on the communities of Wisconsin, now and into the future.
Program accomplishments
- Our programs supported projects to enhance the health of Lake Michigan and to promote nature-based solutions to climate change that improve water quality in the Lake Michigan Basin.Expenses $1,285,846 · grants $1,250,000
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-4340021
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C12)
- Assets (IRS master file)
- $801,568
- Income (IRS master file)
- $1,425,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,425,000 | $1,314,354 | $801,568 | XML |
| 990 | December 2024 | $425,000 | $1,146,706 | $38,877 | XML |
| 990 | December 2023 | $1,538,874 | $780,246 | $758,941 | XML |
| 990-N for 2022 Officer: David M Lee | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 87-4340021).
Questions about FUND FOR LAKE MICHIGAN INC
- What is the EIN of FUND FOR LAKE MICHIGAN INC?
- The employer identification number (EIN) of FUND FOR LAKE MICHIGAN INC is 87-4340021.
- Is FUND FOR LAKE MICHIGAN INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to FUND FOR LAKE MICHIGAN INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FUND FOR LAKE MICHIGAN 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 FUND FOR LAKE MICHIGAN INC 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 FUND FOR LAKE MICHIGAN INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FUND FOR LAKE MICHIGAN INC?
- The 990 for the year ended December 31, 2025 names Vicki Elkin.
- Who are the officers and directors of FUND FOR LAKE MICHIGAN INC?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does FUND FOR LAKE MICHIGAN INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,425,000, expenses of $1,314,354 and total assets of $801,568 at year end.
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