Nonprofit · EIN 38-1676540
PINE REST FOUNDATION
Tax-exempt · GRAND RAPIDS, MI 49501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,977,677 | $1,712,315 | $2,265,362 | $49,373,351 | $8,358 | $49,364,993 |
| June 30, 2024 | 990 | $17,203,235 | $1,001,152 | $16,202,083 | $46,071,825 | $44,161 | $46,027,664 |
| June 30, 2023 | 990 | $7,785,315 | $2,354,945 | $5,430,370 | $29,837,154 | $11,573 | $29,825,581 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $343,698
- Program service revenue
- $0
- Investment income
- $3,620,485
- Net gain from sales of assets
- $1,635,296
- Other revenue
- $13,494
Expenses
- Grants and similar amounts paid
- $774,300
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $1,507,707
- Management and general (functional)
- $204,608
Balance sheet and other
- Total assets, start of year
- $46,071,825
- Total assets, end of year
- $49,373,351
- Total liabilities, end of year
- $8,358
- Net assets, end of year
- $49,364,993
- Publicly traded securities
- $29,948,688
- Net assets without donor restrictions
- $26,472,196
- Net assets with donor restrictions
- $22,892,797
- Gross receipts
- $11,141,802
- Employees
- 0
- Volunteers
- 14
- Year formed
- 1960
- 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 | From related orgs |
|---|---|---|---|---|
| Mark Eastburg | Chief Executive Officer Officer | 2 | $0 | $694,133 |
| Paul Karsten | Chief Financial Officer Officer | 2 | $0 | $473,205 |
| Donald Mackenzie | Executive Director of the Foundation Key employee | 2 | $0 | $196,415 |
| Mel Trombley | Secretary / Treasurer Trustee or director | 2 | $0 | $0 |
| Bryan Ridgeway | Board Member Trustee or director | 1 | $0 | $0 |
| Steve Alles | Board Member Trustee or director | 1 | $0 | $0 |
| Aaron Jonker | Board Member Trustee or director | 1 | $0 | $0 |
| Ray Lanning | Board Member Trustee or director | 1 | $0 | $0 |
| Peter Draaisma | Board Member Trustee or director | 1 | $0 | $0 |
| Jeff Steeby | Board Member Trustee or director | 1 | $0 | $0 |
| Ann Hansen | Board Member Trustee or director | 1 | $0 | $0 |
| Steve Ender | Board Member Trustee or director | 1 | $0 | $0 |
| Janis Petrini | Board Member Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Mark Eastburg | Chief Executive Officer Officer | 2 | $0 | $613,562 | $57,510 |
| Paul Karsten | Chief Financial Officer Officer | 2 | $0 | $413,700 | $47,356 |
| Donald Mackenzie | Executive Director of the Foundation Officer | 2 | $0 | $153,808 | $34,672 |
| Jack DeBoer | Secretary / Treasurer Trustee or director | 2 | $0 | $0 | $0 |
| Bryan Ridgeway | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Steve Alles | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Aaron Jonker | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Ray Lanning | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Peter Draaisma | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Jeff Steeby | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Ann Hansen | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Mel Trombley | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Steve Ender | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Janis Petrini | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Rob Stafford | Board Member Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Mark Eastburg | Chief Executive Officer Officer | 2 | $0 | $607,023 |
| Paul Karsten | Chief Financial Officer Officer | 2 | $0 | $410,951 |
| Donald Mackenzie | Executive Director of the Foundation Key employee | 2 | $0 | $170,509 |
| Jack DeBoer | Secretary / Treasurer Trustee or director | 2 | $0 | $0 |
| Bryan Ridgeway | Board Member Trustee or director | 1 | $0 | $0 |
| Robert Stafford | Board Member Trustee or director | 1 | $0 | $0 |
| Steve Alles | Board Member Trustee or director | 1 | $0 | $0 |
| Aaron Jonker | Board Member Trustee or director | 1 | $0 | $0 |
| Ray Lanning | Board Member Trustee or director | 1 | $0 | $0 |
| Peter Draaisma | Board Member Trustee or director | 1 | $0 | $0 |
| Jeff Steeby | Board Member Trustee or director | 1 | $0 | $0 |
| Ann Hansen | Board Member Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 165, GRAND RAPIDS, MI 49501-0165
- In care of
- % NBD BANK
- Principal officer (990 for 2024)
- Donald MacKenzie, 300 68th Street SE, Grand Rapids, MI 49548
- Signed the 990
- Paul Karsten, Chief Financial Officer
- Phone
- (616) 455-5000
Mission
The Pine Rest Foundation is a Type 1 supporting organization established to financially support the work of Pine Rest Christian Mental Health Services. The mission of Pine Rest Christian Mental Health Services is to express the healing ministry of Jesus Christ by providing behavioral health care with professional excellence, Christian integrity and compassion. All charitable gifts and donations to Pine Rest flow through the Foundation.
Program accomplishments
- Each year following a specific formula, the Pine Rest Foundation awards grants to Pine Rest Christian Mental Health Services to fund various aspects of behavioral healthcare and counseling programs.Expenses $774,300
- Money raised and given to Pine Rest Christian Mental Health Services for the Patient Assistance FundExpenses $733,407
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
- 38-1676540
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1961
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P460)
- Assets (IRS master file)
- $49,373,351
- Income (IRS master file)
- $11,141,802
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,977,677 | $1,712,315 | $49,373,351 | IRS |
| 990 | June 2024 | $17,203,235 | $1,001,152 | $46,071,825 | IRS |
| 990 | June 2023 | $7,785,315 | $2,354,945 | $29,837,154 | XML |
| 990 | June 2022 | -$4,373,823 | $1,685,170 | $24,439,511 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | 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 38-1676540).
Questions about PINE REST FOUNDATION
- What is the EIN of PINE REST FOUNDATION?
- The employer identification number (EIN) of PINE REST FOUNDATION is 38-1676540.
- Is PINE REST FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1961.
- Are donations to PINE REST FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does PINE REST 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 PINE REST 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 PINE REST 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 PINE REST FOUNDATION?
- The 990 for the year ended June 30, 2025 names Donald MacKenzie.
- Who are the officers and directors of PINE REST FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does PINE REST FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,977,677, expenses of $1,712,315 and total assets of $49,373,351 at year end.
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