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Nonprofit · EIN 35-2159001

MICHIGAN LUTHERAN SEMINARY FOUNDATION

Tax-exempt · SAGINAW, MI 48602

Financials

$620K$459K2023$821K$428K2024
Revenue Expenses · by fiscal year end
Financials of MICHIGAN LUTHERAN SEMINARY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$820,799$428,157$392,642$2,941,607$485,143$2,456,464
June 30, 2024990$619,709$458,867$160,842$2,436,209$561,193$1,875,016
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$652,732
Program service revenue
$0
Investment income
$99,348
Net rental income
$31,731
Net gain from sales of assets
$278
Net income from fundraising events
$34,830
Other revenue
$68,719

Expenses

Grants and similar amounts paid
$127,149
Compensation of officers, directors and key employees
$97,874
Other salaries and wages
$62,424
Salaries, compensation and benefits (total)
$226,743
Professional fundraising fees
$0
Accounting fees
$748
Depreciation
$4,799
Program services (functional)
$309,141
Management and general (functional)
$99,196
Fundraising (functional)
$19,820

Balance sheet and other

Total assets, start of year
$2,436,209
Total assets, end of year
$2,941,607
Total liabilities, end of year
$485,143
Net assets, end of year
$2,456,464
Land, buildings and equipment
$206,787
Net assets without donor restrictions
$2,456,464
Gross receipts
$865,181
Employees
3
Volunteers
0
Year formed
2021
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.

NameTitleHours / weekCompensation
MICHAEL SCHARRERPRESIDENT
Trustee or director, Officer
1$0
CHRIS KESTNERVICE PRESIDENT
Trustee or director, Officer
1$0
LEE MILLERTREASURER
Trustee or director, Officer
1$0
MIKE WILTSESECRETARY
Trustee or director, Officer
1$0
DAVID EDDYBOARD MEMBER
Trustee or director
1$0
KELLY EDDYBOARD MEMBER
Trustee or director
1$0
RON SCHREINERBOARD MEMBER
Trustee or director
1$0
BARB SCHREINERBOARD MEMBER
Trustee or director
1$0
REV JASON BALDWINBOARD MEMBER
Trustee or director
1$0
JODIE BALDWINBOARD MEMBER
Trustee or director
1$0
GEORGE BARRETTBOARD MEMBER
Trustee or director
1$0
JULIE BARRETTBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 15 people
NameTitleHours / weekCompensation
MICHAEL SCHARRERPRESIDENT
Trustee or director, Officer
0.5$0
CHRIS KESTNERVICE PRESIDE
Trustee or director, Officer
0.5$0
MIKE WILTSESECRETARY
Trustee or director, Officer
0.5$0
LEE MILLERTREASURER
Trustee or director, Officer
0.5$0
GEORGE BARRETTBOARD MEMBER
Trustee or director, Officer
0.5$0
JULIE BARRETTBOARD MEMBER
Trustee or director, Officer
0.5$0
DAVID EDDYBOARD MEMBER
Trustee or director, Officer
0.5$0
KELLY EDDYBOARD MEMBER
Trustee or director, Officer
0.5$0
BARB SCHREINERBOARD MEMBER
Trustee or director, Officer
0.5$0
RON SCHREINERBOARD MEMBER
Trustee or director, Officer
0.5$0
REV JASON BALDWINBOARD MEMBER
Trustee or director, Officer
0.5$0
JODIE BALDWINBOARD MEMBER
Trustee or director, Officer
0.5$0
ERIC CERESKEBOARD MEMBER
Trustee or director, Officer
0.5$0
GARY GILGENBOARD MEMBER
Trustee or director, Officer
0.5$0
TOM SPAUDEBOARD MEMBER
Trustee or director, Officer
0.5$0

Address and contacts

Address (IRS master file)
2777 HARDIN ST STE 4, SAGINAW, MI 48602-3710
Principal officer (990 for 2024)
JOSHUA WAKEFIELD, 2777 HARDIN ST SUITE 4, SAGINAW, MI 48602
Signed the 990
JOSHUA WAKEFIELD, DONOR RELATIONS DIRECTOR
Phone
(989) 793-1010
Return prepared by
GRAPP LERASH LLC

Mission

SUPPORT AND SUSTAIN THE MISSION OF MICHIGAN LUTHERAN SEMINARY BY BUILDING STRONG, LASTING RELATIONSHIPS WITH ALUMNI, PARENTS, AND FRIENDS. PROVIDES SCHOLARSHIP AND FINANCIAL AID SUPPORT TO MAKE CHRIST-CENTERED EDUCATION ACCESSIBLE TO MORE STUDENTS.

990 for the year ended June 30, 2025

Program accomplishments

  • SUPPORT AND SUSTAIN THE MISSION OF MICHIGAN LUTHERAN SEMINARY BY BUILDING STRONG, LASTING RELATIONSHIPS WITH ALUMNI, PARENTS, AND FRIENDS. PROVIDES SCHOLARSHIP AND FINANCIAL AID SUPPORT TO MAKE CHRIST-CENTERED EDUCATION ACCESSIBLE TO MORE STUDENTS.
    Expenses $309,141 · grants $127,149

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
35-2159001
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
2003
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X12)
Assets (IRS master file)
$2,941,607
Income (IRS master file)
$865,181

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$820,799$428,157$2,941,607IRS
990June 2024$619,709$458,867$2,436,209XML
990June 2023$596,593$466,140$2,299,224IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990December 2017–––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 35-2159001).

Questions about MICHIGAN LUTHERAN SEMINARY FOUNDATION

What is the EIN of MICHIGAN LUTHERAN SEMINARY FOUNDATION?
The employer identification number (EIN) of MICHIGAN LUTHERAN SEMINARY FOUNDATION is 35-2159001.
Is MICHIGAN LUTHERAN SEMINARY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to MICHIGAN LUTHERAN SEMINARY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MICHIGAN LUTHERAN SEMINARY FOUNDATION 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 LUTHERAN SEMINARY FOUNDATION 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 MICHIGAN LUTHERAN SEMINARY FOUNDATION 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 MICHIGAN LUTHERAN SEMINARY FOUNDATION?
The 990 for the year ended June 30, 2025 names JOSHUA WAKEFIELD.
Who are the officers and directors of MICHIGAN LUTHERAN SEMINARY FOUNDATION?
The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does MICHIGAN LUTHERAN SEMINARY FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $820,799, expenses of $428,157 and total assets of $2,941,607 at year end.

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