Nonprofit · EIN 38-2028057
SAGINAW ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · SAGINAW, MI 48601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $306,125 | $365,176 | -$59,051 | $2,391,321 | $0 | $2,391,321 |
| June 30, 2024 | 990 | $680,139 | $218,939 | $461,200 | $2,450,372 | $0 | $2,450,372 |
| June 30, 2023 | 990 | $47,905 | $491,879 | -$443,974 | $1,990,136 | $964 | $1,989,172 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $140,582
- of which government grants
- $140,582
- Program service revenue
- $165,543
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $365,176
Balance sheet and other
- Total assets, start of year
- $2,450,372
- Total assets, end of year
- $2,391,321
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,391,321
- Net assets without donor restrictions
- $2,391,321
- Gross receipts
- $306,125
- Employees
- 0
- Volunteers
- 9
- Year formed
- 1974
- 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 | Other / benefits |
|---|---|---|---|---|---|
| Yolanda Bland | OMB Director Officer | 1 | $0 | $124,534 | $23,571 |
| Kisha Smith | Econ Dev Coordinator Officer | 1 | $0 | $61,578 | $22,454 |
| Scot Putzig | President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Larry Hughes | Director Trustee or director | 1 | $0 | $0 | $0 |
| Jamie Forbes | Director Trustee or director | 1 | $0 | $0 | $0 |
| James Graham | Director Trustee or director | 1 | $0 | $0 | $0 |
| Kevin Rooker | Director Trustee or director | 1 | $0 | $0 | $0 |
| Misty Moriarty | Director Trustee or director | 1 | $0 | $0 | $0 |
| Tyler Danek | Director Trustee or director | 1 | $0 | $0 | $0 |
| John Jatczak | Director Trustee or director | 1 | $0 | $0 | $0 |
| Steve Hensley | Director Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| YOLANDA BLAND | OMB DIRECTOR Officer | 1 | $0 | $119,716 | $29,575 |
| KISHA SMITH | ECON DEV COO Officer | 1 | $0 | $57,016 | $28,351 |
| TYLER DANEK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMIE FORBES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMES GRAHAM | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL HANLEY | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $0 | $0 |
| STEVE HENSLEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANA HILDALGO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOHN JATCZAK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MISTY MORIARTY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SCOT PUTZIG | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KEVIN ROOKER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD SPITZER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARK TURPIN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| YOLANDA BLAND | OMB DIRECTOR Officer | 1 | $0 | $115,573 | $22,431 |
| KISHA SMITH | ECON DEV COO Officer | 1 | $0 | $55,733 | $27,428 |
| KEVIN ALBOSTA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GARY FAHNDRICH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMIE FORBES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMES GRAHAM | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL HANLEY | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ANA HILDALGO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TOM MILLER JR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SCOT PUTZIG | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TAYVELL RICHMOND | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KEVIN ROOKER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MONICA ROZEK | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RICHARD SPITZER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1315 S WASHINGTON AVE, SAGINAW, MI 48601-2513
- Principal officer (990 for 2024)
- Yolanda Bland, 1315 S Washington Ave, Saginaw, MI 48601
- Signed the 990
- Yolanda Bland, OMB Director
- Phone
- (989) 759-1395
- Return prepared by
- YEO & YEO PC
Mission
To create and retain jobs and to expand and diversify the economic base of the City of Saginaw.
Program accomplishments
- To develop economic enterprises and programs by offering loans to start-up businesses, existing or for expanding businesses that are located or will locate in the City of Saginaw.Expenses $365,176 · revenue $165,543
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
- 38-2028057
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1974
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,391,321
- Income (IRS master file)
- $306,125
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $306,125 | $365,176 | $2,391,321 | XML |
| 990 | June 2024 | $680,139 | $218,939 | $2,450,372 | XML |
| 990 | June 2023 | $47,905 | $491,879 | $1,990,136 | XML |
| 990 | June 2022 | $95,290 | $456,243 | $2,433,156 | 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 38-2028057).
Questions about SAGINAW ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of SAGINAW ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of SAGINAW ECONOMIC DEVELOPMENT CORPORATION is 38-2028057.
- Is SAGINAW ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
- Are donations to SAGINAW ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SAGINAW ECONOMIC DEVELOPMENT CORPORATION 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 SAGINAW ECONOMIC DEVELOPMENT CORPORATION 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 SAGINAW ECONOMIC DEVELOPMENT CORPORATION 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 SAGINAW ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names Yolanda Bland.
- Who are the officers and directors of SAGINAW ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does SAGINAW ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $306,125, expenses of $365,176 and total assets of $2,391,321 at year end.
Other nonprofits in SAGINAW
- COVENANT MEDICAL CENTER INC EIN 38-3369438 · last filed 990 for 2025
- GREAT LAKES BAY HEALTH CENTERS EIN 38-1908328 · last filed 990 for 2025
- CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN EIN 38-0996065 · last filed 990 for 2025
- SAGINAW COOPERATIVE HOSPITALS INC EIN 38-1870664 · last filed 990 for 2025
- CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN EIN 38-6066199 · last filed 990 for 2024
- LUTHERAN HOMES OF MICHIGAN INC EIN 38-1358410 · last filed 990 for 2024
- LUTHERAN CHILD & FAMILY SERVICE OF MICHIGAN EIN 38-1359524 · last filed 990 for 2024
- A & D CHARITABLE FOUNDATION INC EIN 38-3428303 · last filed 990 for 2025