Nonprofit · EIN 38-2023395
MIDLAND AREA COMMUNITY FOUNDATION
Tax-exempt · MIDLAND, MI 48640
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $18,202,801 | $15,402,686 | $2,800,115 | $150,583,294 | $5,422,118 | $145,161,176 |
| December 31, 2024 | 990 | $15,713,381 | $12,605,675 | $3,107,706 | $138,820,946 | $5,450,636 | $133,370,310 |
| December 31, 2023 | 990 | $13,513,786 | $12,575,682 | $938,104 | $125,987,299 | $3,653,482 | $122,333,817 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $6,319,680
- Program service revenue
- $0
- Investment income
- $11,721,191
- Net gain from sales of assets
- $8,231,221
- Other revenue
- $161,930
Expenses
- Grants and similar amounts paid
- $6,227,434
- Compensation of officers, directors and key employees
- $362,468
- Other salaries and wages
- $630,149
- Salaries, compensation and benefits (total)
- $1,196,245
- Professional fundraising fees
- $0
- Legal fees
- $13,727
- Accounting fees
- $26,409
- Occupancy
- $60,680
- Travel
- $11,647
- Depreciation
- $35,517
- Program services (functional)
- $13,570,647
- Management and general (functional)
- $1,477,169
- Fundraising (functional)
- $354,870
Balance sheet and other
- Total assets, start of year
- $138,820,946
- Total assets, end of year
- $150,583,294
- Total liabilities, end of year
- $5,422,118
- Net assets, end of year
- $145,161,176
- Land, buildings and equipment
- $1,134,592
- Publicly traded securities
- $144,398,127
- Net assets without donor restrictions
- $142,710,729
- Net assets with donor restrictions
- $2,450,447
- Gross unrelated business income
- $604,890
- Gross receipts
- $21,692,973
- Employees
- 12
- Volunteers
- 750
- Year formed
- 1973
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHARON MORTENSEN | PRESIDENT/CE Officer | 40 | $216,473 | $28,945 |
| KYLE FAHRNER | CFO Officer | 40 | $145,995 | $14,932 |
| WILLIAM GARCHOW | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| ANN HOLMON | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| KATIE HORNING | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ALI HUNTOON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NOAH KENT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANDREW KOEHLINGER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JON LYNCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LOU MENCIA | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| DICK PETERSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JEFF PROVENZANO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GERALDINE READO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KRISTIN STEHOUWER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEBORAH STEPHENS | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| IRENE TRETER | TRUSTEE Trustee or director | 1 | $0 |
| MIKE WEIDEMAN | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHARON MORTENSEN | PRESIDENT/CE Officer | 40 | $210,282 | $29,175 |
| KYLE FAHRNER | CFO Officer | 40 | $134,146 | $13,018 |
| WILLIAM GARCHOW | CHAIR Trustee or director | 4 | $0 | $0 |
| ANN HOLMON | SECRETARY Trustee or director | 2 | $0 | $0 |
| KATIE HORNING | TRUSTEE Trustee or director, Officer | 1 | $0 | $0 |
| ALI HUNTOON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NOAH KENT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JON LYNCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LOU MENCIA | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| GRANT MURSCHEL | PART-YEAR TR Trustee or director | 1 | $0 | $0 |
| MWEMBA MWEMBA | PART-YEAR TR Trustee or director | 1 | $0 | $0 |
| DICK PETERSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JEFF PROVENZANO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GERALDINE READO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KRISTIN STEHOUWER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEBORAH STEPHENS | VICE CHAIR Trustee or director | 2 | $0 | $0 |
| MIKE WEIDEMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHARON MORTENSEN | PRESIDENT/CE Officer | 40 | $196,441 | $23,573 |
| KYLE FAHRNER | CFO Officer | 40 | $129,060 | $12,246 |
| WILLIAM GARCHOW | VICE CHAIR Trustee or director | 2 | $0 | $0 |
| ANN HOLMON | SECRETARY Trustee or director | 2 | $0 | $0 |
| KATIE HORNING | TRUSTEE Trustee or director, Officer | 1 | $0 | $0 |
| JON LYNCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVE MARSH | FORMER BOARD Trustee or director, Officer | 1 | $0 | $0 |
| LOU MENCIA | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CAROL MILLER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GRANT MURSCHEL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MWEMBA MWEMBA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DICK PETERSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JEFF PROVENZANO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GERALDINE READO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MICHAEL ROGERS | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| DEBORAH STEPHENS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MIKE WEIDEMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 76 ASHMAN CIR, MIDLAND, MI 48640-4626
- Principal officer (990 for 2025)
- SHARON MORTENSEN, 76 ASHMAN CIRCLE, MIDLAND, MI 48640
- Signed the 990
- SHARON MORTENSEN, PRESIDENT/CEO
- Phone
- (989) 839-9661
- Website
- WWW.MIDLANDFOUNDATION.ORG
- Return prepared by
- ANDREWS HOOPER PAVLIK PLC
Mission
OUR MISSION IS TO PROVIDE PHILANTHROPIC LEADERSHIP TO STRENGTHEN OUR COMMUNITY BY FOSTERING COLLABORATION AND GIVING TODAY AND IN THE FUTURE. SINCE 1973, MIDLAND AREA COMMUNITY FOUNDATION HAS PROVIDED AN AVENUE FOR INDIVIDUALS AND ORGANIZATIONS TO CHANGE THE COMMUNITY THROUGH PHILANTHROPIC GIVING. MACF AWARDS GRANTS AND SCHOLARSHIPS, OFFERS THE ABILITY FOR INDIVIDUALS AND FAMILIES TO INVEST IN THE COMMUNITY, AND SERVES AS A CATALYST FOR COLLABORATION AND CHANGE BY LEADING COMMUNITY DIALOGUE AND ACTION ON CRITICAL ISSUES.
Program accomplishments
- ENRICHING OUR COMMUNITY (ARTS, CULTURE, ENTERTAINMENT, RECREATION, DIVERSITY, COMMUNITY LEADERSHIP, AND ENVIRONMENT) - THE LOCAL AREA IS A VIBRANT HUB OF ARTS, CULTURE, ENTERTAINMENT AND RECREATIONAL OPPORTUNITIES. THE FOUNDATION IS COMMITTED TO EQUALITY AND INCLUSION, AND WELCOMES, EMBRACES, AND ACCEPTS ALL PEOPLE. THE LOCAL AREA IS A SUSTAINABLE COMMUNITY THAT VALUES AND PROTECTS ITS NATURAL RESOURCES.Expenses $8,435,237 · grants $1,665,929
- CARING FOR OUR PEOPLE (HUMAN SERVICES, SOCIAL SERVICES, POVERTY,HOUSING, MENTAL AND PHYSICAL HEALTH, AND PUBLIC SAFETY) - THE LOCAL COMMUNITY PROVIDES A COORDINATED AND COMPREHENSIVE SYSTEM OF SUPPORTIVE HEALTH AND HUMAN SERVICES SO THAT ALL MAY THRIVE. THE FOUNDATION ENCOURAGES SELF- SUFFICIENCY AND ACCEPTS ITS RESPONSIBILITY TO COLLABORATE TO CREATE THE SAFEST COMMUNITY IN THE COUNTRY.Expenses $2,324,482 · grants $2,134,472
- DEVELOPING OUR TALENT (TALENT, EDUCATION, YOUTH DEVELOPMENT, AND ENGAGEMENT) - THE LOCAL AREA OFFERS HIGH QUALITY EDUCATION AND LEARNING OPPORTUNITIES THROUGHOUT LIFE, AND THE COMMUNITY NURTURES A SKILLED WORKFORCE AND PLACES HIGH VALUE ON POST-SECONDARY LEARNING. THE FOUNDATION PROVIDES OPPORTUNITIES FOR CHILDREN AND YOUTH TO REALIZE THEIR HOPES AND DREAMS.Expenses $2,011,767 · grants $1,698,189
- BUILDING OUR LIVELIHOOD (ECONOMIC DEVELOPMENT AND INFRASTRUCTURE) - THE LOCAL AREA CREATES AND SUSTAINS COMPETITIVE ADVANTAGES FOR EXISTING AND FUTURE BUSINESSES. THE FOUNDATION IS WELL-CONNECTED AND INVESTS IN PHYSICAL AND TECHNOLOGICAL INFRASTRUCTURE.Expenses $799,161 · grants $728,844
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
- 38-2023395
- 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
- 1973
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T310)
- Assets (IRS master file)
- $150,583,294
- Income (IRS master file)
- $21,692,973
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $18,202,801 | $15,402,686 | $150,583,294 | IRS |
| 990-T | December 2025 | – | – | – | IRS |
| 990 | December 2024 | $15,713,381 | $12,605,675 | $138,820,946 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $13,513,786 | $12,575,682 | $125,987,299 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $16,911,059 | $13,749,116 | $114,895,702 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 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 38-2023395).
Questions about MIDLAND AREA COMMUNITY FOUNDATION
- What is the EIN of MIDLAND AREA COMMUNITY FOUNDATION?
- The employer identification number (EIN) of MIDLAND AREA COMMUNITY FOUNDATION is 38-2023395.
- Is MIDLAND AREA COMMUNITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
- Are donations to MIDLAND AREA COMMUNITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MIDLAND AREA COMMUNITY 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 MIDLAND AREA COMMUNITY FOUNDATION 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 MIDLAND AREA COMMUNITY FOUNDATION 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 MIDLAND AREA COMMUNITY FOUNDATION?
- The 990 for the year ended December 31, 2025 names SHARON MORTENSEN.
- Who are the officers and directors of MIDLAND AREA COMMUNITY FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 17 people; 2 received compensation from the organization, the highest $216,473 (SHARON MORTENSEN, PRESIDENT/CE).
- How much revenue does MIDLAND AREA COMMUNITY FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $18,202,801, expenses of $15,402,686 and total assets of $150,583,294 at year end.
Other nonprofits in MIDLAND
- HERBERT H & GRACE A DOW FOUNDATION EIN 38-1437485 · last filed 990-PF for 2024
- DOW COMPANY FOUNDATION EIN 38-2314603 · last filed 990-PF for 2024
- REECE ENDEAVOR OF MIDLAND EIN 38-6082605 · last filed 990 for 2025
- HERBERT AND JUNIA DOAN FOUNDATION EIN 20-0048522 · last filed 990-PF for 2024
- JAMES R AND ANITA HORNE JENKINS FAMILY FOUNDATION EIN 45-4131764 · last filed 990-PF for 2025
- CAREGIVING NETWORK INC EIN 38-3202784 · last filed 990 for 2025
- EDWARD AND ELYSE ROGERS FAMILY FOUNDATION EIN 61-1411391 · last filed 990-PF for 2024
- MARY C CURRIE FOUNDATION EIN 26-3232113 · last filed 990-PF for 2024
All nonprofits in MIDLAND · Michigan · Philanthropy, voluntarism and grantmaking foundations