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Nonprofit · EIN 38-2530980

COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN

Tax-exempt · DETROIT, MI 48226

Financials

$128.2M$117.2M2023$246.1M$131.2M2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$246,111,003$131,170,926$114,940,077$1,207,379,849$22,039,199$1,185,340,650
December 31, 2023990$128,173,574$117,230,287$10,943,287$1,142,486,271$23,777,334$1,118,708,937
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$94,336,235
of which government grants
$618,723
Program service revenue
$484,972
Investment income
$150,855,756
Net gain from sales of assets
$126,586,589
Other revenue
$434,040

Expenses

Grants and similar amounts paid
$106,280,858
Compensation of officers, directors and key employees
$2,430,523
Other salaries and wages
$5,605,468
Salaries, compensation and benefits (total)
$10,079,554
Professional fundraising fees
$0
Legal fees
$57,448
Accounting fees
$343,085
Occupancy
$495,403
Travel
$173,846
Program services (functional)
$114,383,854
Management and general (functional)
$15,655,728
Fundraising (functional)
$1,131,344

Balance sheet and other

Total assets, start of year
$1,142,486,271
Total assets, end of year
$1,207,379,849
Total liabilities, end of year
$22,039,199
Net assets, end of year
$1,185,340,650
Publicly traded securities
$135,727,342
Net assets without donor restrictions
$1,094,462,621
Net assets with donor restrictions
$90,878,029
Gross unrelated business income
$32,248
Gross receipts
$246,153,379
Employees
83
Volunteers
250
Year formed
1984
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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
RICHARD L DEVOREPRESIDENT
Officer
40$654,744$64,903
NICOLE SHERARD-FREEMANCHIEF OPERATING OFFICER
Key employee
40$412,982$3,054
LAURA L BROWNFIELDGENERAL COUNSEL
Key employee
40$279,952$55,904
JENILYN NORMANVP, FINANCE AND ADMINISTRATION
Officer
40$263,812$52,000
SHERYL G ARBVP, MARKETING AND COMMUNICATIONS
Key employee
40$237,971$45,502
RANDALL S ROSSVP, PHILANTHROPIC SERVICES
Key employee
40$214,543$39,966
SARAH WEDEPOHLVP, PROGRAM
Key employee
40$210,355$25,050
WAFA S DINAROEXECUTIVE DIRECTOR, NEI
Highest-paid employee
40$186,322$40,654
JAYME POWELLEXECUTIVE DIRECTOR, DRWP
Highest-paid employee
40$190,582$24,954
OLUBUNMI PARKSVP, TALENT & CULTURE
Highest-paid employee
40$172,701$36,572
BRAD M WESTLAKECONTROLLER
Highest-paid employee
40$176,371$27,261
MATTHEW J LEWISCFSEM, DIRECTOR OF GOV AND OPS
Highest-paid employee
40$153,690$33,194
DAVID M HEMPSTEADTRUSTEE (END 10/24)
Trustee or director, Officer
0.5$0$0
DAVID T PROVOSTCHAIR/TRUSTEE
Trustee or director, Officer
0.5$0$0
JACK MARTINTREASURER
Trustee or director, Officer
0.5$0$0
49 more people on this return
NameTitleHours / weekCompensation
JOANN CHAVEZVICE CHAIR /TRUSTEE
Trustee or director, Officer
0.5$0
MARY H WEISERVICE CHAIR /SECRETARY
Trustee or director, Officer
0.5$0
PENNY B BLUMENSTEINVICE CHAIR (END 6/24)
Trustee or director, Officer
0.5$0
AHMAD CHEBBANITRUSTEE
Trustee or director
0.5$0
ALLAN D GILMOURTRUSTEE (END 11/24)
Trustee or director
0.5$0
ANDREW L CAMDENTRUSTEE
Trustee or director
0.5$0
BARBARA L MCQUADETRUSTEE
Trustee or director
0.5$0
BONNIE LARSONTRUSTEE
Trustee or director
0.5$0
BRUCE E NYBERGTRUSTEE
Trustee or director
0.5$0
CARLA WALKER-MILLERTRUSTEE
Trustee or director
0.5$0
CHRISTOPHER L RIZIKTRUSTEE
Trustee or director
0.5$0
CHUCK STOKESTRUSTEE
Trustee or director
0.5$0
DALE L WATCHOWSKITRUSTEE
Trustee or director
0.5$0
DANA M LOCNISKARTRUSTEE
Trustee or director
0.5$0
DAVID P LARSENTRUSTEE
Trustee or director
0.5$0
ERIC B LARSONTRUSTEE
Trustee or director
0.5$0
GARY H TORGOWTRUSTEE
Trustee or director
0.5$0
GERALD E ROSENTRUSTEE
Trustee or director
0.5$0
GLENDA D PRICETRUSTEE
Trustee or director
0.5$0
HENRY W LIMTRUSTEE (END 6/24)
Trustee or director
0.5$0
JAMES B NICHOLSONTRUSTEE (END 6/24)
Trustee or director
0.5$0
JENICE C MITCHELL FORDTRUSTEE
Trustee or director
0.5$0
JENNIFER M FISCHERTRUSTEE (END 6/24)
Trustee or director
0.5$0
JOHN D LEWISTRUSTEE
Trustee or director
0.5$0
JOHN M ERBTRUSTEE
Trustee or director
0.5$0
KAREN SOSNICK SCHOENBERGTRUSTEE
Trustee or director
0.5$0
KENNETH WHIPPLETRUSTEE
Trustee or director
0.5$0
LARRY BRINKER JRTRUSTEE (START 7/24)
Trustee or director
0.5$0
LENA R EPSTEINTRUSTEE
Trustee or director
0.5$0
MARIA THOMPSONTRUSTEE
Trustee or director
0.5$0
MATTHEW P CULLENTRUSTEE
Trustee or director
0.5$0
MICHAEL E BANNISTERTRUSTEE (END 5/24)
Trustee or director
0.5$0
PAUL R DIMONDTRUSTEE (END 6/24)
Trustee or director
0.5$0
PAUL TRULIKTRUSTEE
Trustee or director
0.5$0
PHILLIP WM FISHERTRUSTEE
Trustee or director
0.5$0
REGINALD M TURNERTRUSTEE (END 6/24)
Trustee or director
0.5$0
SARAH M EARLEYTRUSTEE
Trustee or director
0.5$0
SEAN K WERDLOWTRUSTEE
Trustee or director
0.5$0
SELAM SANDERSTRUSTEE (START 7/24)
Trustee or director
0.5$0
STACY ZIARKOTRUSTEE (START 7/24)
Trustee or director
0.5$0
STEPHEN R POLKTRUSTEE
Trustee or director
0.5$0
STEVEN K HAMPTRUSTEE
Trustee or director
0.5$0
THOMAS C BUHLTRUSTEE
Trustee or director
0.5$0
TIMOTHY NICHOLSONTRUSTEE (START 7/24)
Trustee or director
0.5$0
VIVIAN DAY STROHTRUSTEE
Trustee or director
0.5$0
WENDY BATISTE-JOHNSONTRUSTEE
Trustee or director
0.5$0
WILLIAM F PICKARDTRUSTEE (END 6/24)
Trustee or director
0.5$0
WILLIAM M HERMANNTRUSTEE
Trustee or director
0.5$0
WILLIAM W SHELDEN JRTRUSTEE
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 71 people
NameTitleHours / weekCompensationOther / benefits
RICHARD L DEVOREPRESIDENT
Officer
42$638,226$51,905
LAURA L BROWNFIELDGENERAL COUNSEL
Key employee
40$268,233$39,774
SHERYL G ARBVP, MARKETING AND COMMUNICATIONS
Key employee
40$235,091$46,227
JENILYN NORMANVP, FINANCE AND ADMINISTRATION
Officer
48$244,708$34,646
KATHRYN G BRISSONVP, PROGRAM
Key employee
40$229,290$43,765
RANDALL S ROSSVP, PHILANTHROPIC SERVICES
Key employee
40$207,983$37,235
WAFA S DINAROEXECUTIVE DIRECTOR, NEI
Highest-paid employee
40$178,030$29,424
NICOLE SHERARD-FREEMANCHIEF OPERATING OFFICER (BEG 07/23)
Key employee
42$187,920$721
OLUBNUMI PARKSVP, TALENT & CULTURE
Highest-paid employee
40$161,249$25,486
MATTHEW J LEWISCFSEM, DIRECTOR OF GOV AND OPS
Highest-paid employee
40$153,949$27,813
PATRICK J CARRINFORMATION SYSTEMS OFFICER
Highest-paid employee
48$145,234$30,350
BRAD M WESTLAKECONTROLLER
Highest-paid employee
48$150,316$22,611
SARAH WEDEPOHLVP, PROGRAM (BEG 09/23)
Key employee
48$152,613$19,193
DAVID M HEMPSTEADTRUSTEE
Trustee or director, Officer
1$0$0
DAVID T PROVOSTCHAIR(BEG 7/23)/VICE CHAIR(END 7/23)
Trustee or director, Officer
1$0$0
JACK MARTINTREASURER
Trustee or director, Officer
1$0$0
JAMES B NICHOLSONCHAIR (END 06/23)/TRUSTEE
Trustee or director, Officer
1.5$0$0
MARY H WEISERVICE CHAIR (BEG 07/23)/SECRETARY
Trustee or director, Officer
1$0$0
PENNY B BLUMENSTEINVICE CHAIR
Trustee or director, Officer
1$0$0
REGINALD M TURNERVICE CHAIR (END 06/23)/TRUSTEE
Trustee or director, Officer
0.5$0$0
AHMAD CHEBBANITRUSTEE
Trustee or director
0.5$0$0
ALAN E SCHWARTZHONORARY TRUSTEE (END 07/23)
Trustee or director
0.5$0$0
ALBERT M BERRIZTRUSTEE (END 06/23)
Trustee or director
0.5$0$0
ALLAN D GILMOURTRUSTEE
Trustee or director
0.5$0$0
ANDREW L CAMDENTRUSTEE
Trustee or director
0.5$0$0
BARBARA C VAN DUSENHONORARY TRUSTEE (BEG 07/23)
Trustee or director
0.5$0$0
BARBARA L MCQUADETRUSTEE
Trustee or director
0.5$0$0
BONNIE LARSONTRUSTEE
Trustee or director
0.5$0$0
BRUCE E NYBERGTRUSTEE
Trustee or director
0.5$0$0
CARLA WALKER-MILLERTRUSTEE
Trustee or director
0.5$0$0
CHRISTOPHER L RIZIKTRUSTEE
Trustee or director
0.5$0$0
CHUCK STOKESTRUSTEE
Trustee or director
0.5$0$0
DALE L WATCHOWSKITRUSTEE
Trustee or director
0.5$0$0
DANA M LOCNISKARTRUSTEE
Trustee or director
0.5$0$0
DAVID P LARSENTRUSTEE
Trustee or director
0.5$0$0
ERIC B LARSONTRUSTEE
Trustee or director
0.5$0$0
FLORINE MARKTRUSTEE (END 10/23)
Trustee or director
0.5$0$0
GARY H TORGOWTRUSTEE
Trustee or director
0.5$0$0
GERALD E ROSENTRUSTEE
Trustee or director
0.5$0$0
GLENDA D PRICETRUSTEE
Trustee or director
0.5$0$0
HENRY W LIMTRUSTEE
Trustee or director
0.5$0$0
JACKSON GLOVERHONORARY TRUSTEE (BEG 09/23)
Trustee or director
0.5$0$0
JENICE C MITCHELL FORDTRUSTEE
Trustee or director
0.5$0$0
JENNIFER M FISCHERTRUSTEE
Trustee or director
0.5$0$0
JOANN CHAVEZVICE CHAIR (BEG 07/23)/TRUSTEE
Trustee or director, Officer
0.5$0$0
JOHN D LEWISTRUSTEE
Trustee or director
0.5$0$0
JOHN M ERBTRUSTEE
Trustee or director
0.5$0$0
KAREN SOSNICK SCHOENBERGTRUSTEE
Trustee or director
0.5$0$0
KENNETH WHIPPLETRUSTEE
Trustee or director
0.5$0$0
LENA R EPSTEINTRUSTEE
Trustee or director
0.5$0$0
LINDA A WASSERMAN AVIVTRUSTEE (END 11/23)
Trustee or director
0.5$0$0
MARIA THOMPSONTRUSTEE
Trustee or director
0.5$0$0
MATTHEW P CULLENTRUSTEE
Trustee or director
0.5$0$0
MICHAEL E BANNISTERTRUSTEE
Trustee or director
0.5$0$0
MICHAEL T MONAHANHONORARY TRUSTEE
Trustee or director
0.5$0$0
PAUL C HILLEGONDSHONORARY TRUSTEE (BEG 07/23)
Trustee or director
0.5$0$0
PAUL R DIMONDTRUSTEE
Trustee or director
0.5$0$0
PAUL TRULIKTRUSTEE (BEG 07/23)
Trustee or director
0.5$0$0
PHILLIP WM FISHERTRUSTEE
Trustee or director
0.5$0$0
SARAH M EARLEYTRUSTEE
Trustee or director
0.5$0$0
SEAN K WERDLOWTRUSTEE
Trustee or director
0.5$0$0
STEPHEN R POLKTRUSTEE
Trustee or director
0.5$0$0
STEVEN K HAMPTRUSTEE
Trustee or director
0.5$0$0
THOMAS C BUHLTRUSTEE
Trustee or director
0.5$0$0
VIVIAN DAY STROHTRUSTEE
Trustee or director
0.5$0$0
W RICKARD SCOFIELDTRUSTEE (END 05/23)
Trustee or director
0.5$0$0
WENDY BATISTE-JOHNSONTRUSTEE
Trustee or director
0.5$0$0
WILLIAM F PICKARDTRUSTEE
Trustee or director
0.5$0$0
WILLIAM M HERMANNTRUSTEE
Trustee or director
0.5$0$0
WILLIAM W SHELDEN JRTRUSTEE
Trustee or director
0.5$0$0
ZION WILLIAMSHONORARY TRUSTEE (BEG 09/23)
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
333 W FORT ST STE 2010, DETROIT, MI 48226-3134
Principal officer (990 for 2024)
NICOLE SHERARD-FREEMAN, 333 WEST FORT STREET 2010, DETROIT, MI 48226
Signed the 990
NICOLE SHERARD-FREEMAN, PRESIDENT & CEO
Phone
(313) 961-6675
Return prepared by
DELOITTE TAX LLP

Mission

WE BUILD THE RESOURCES, RELATIONSHIPS AND EXPERTISE REQUIRED TO EXPAND EQUITABLE ACCESS TO OPPORTUNITIES. OUR MISSION IS TO MAKE SOUTHEAST MICHIGAN A DESIRABLE PLACE TO LIVE, WORK AND PLAY FOR ALL RESIDENTS, TODAY AND TOMORROW.

990 for the year ended December 31, 2024

Program accomplishments

  • A COLLABORATION OF FOUNDATIONS LAUNCHED THE NEW ECONOMY INITIATIVE (NEI) AT THE COMMUNITY FOUNDATION IN 2007. NEI IS WORKING TO DIVERSIFY THE REGIONAL ECONOMY OF SOUTHEAST MICHIGAN AND STIMULATE ENTREPRENEURIAL DEVELOPMENT. IN 2024, NEI FUNDED GRANTS AND OTHER IMPORTANT WORK TOTALING APPROXIMATELY $6.9 MILLION. NEI PRIMARILY CONCENTRATES ON BUILDING A NETWORK OF SUPPORT FOR ENTREPRENEURS AND SMALL BUSINESS OWNERS. NEI'S GRANTS SUPPORT NONPROFIT SERVICE PROVIDERS WHO PROVIDE TECHNICAL ASSISTANCE, SUCH AS BUSINESS PLANNING AND CONCEPT-TESTING, AND THOSE WHO PROVIDE CAPITAL AND OTHER RESOURCES. IN ADDITION, NEI PROVIDES SUPPORT TO HELP THESE NETWORKS OF SERVICE PROVIDERS CONNECT BETTER TO EACH OTHER AND THE PEOPLE THEY SERVE. NEI'S WORK IS FOCUSED ON BUILDING A RESILIENT AND EQUITABLE ECONOMY BY INCREASING GROWTH AND SCALABILITY AMONG SMALL BUSINESSES IN UNDERSERVED COMMUNITIES THAT WILL CREATE JOBS AND GENERATE WEALTH FOR RESIDENTS.
    Expenses $7,056,495 · grants $5,590,000
  • THE MICHIGAN JUSTICE FUND (MJF) IS A FUNDERS' COLLABORATIVE THAT MAKES INVESTMENTS TO STEM THE FLOW OF INDIVIDUALS INTO THE CRIMINAL JUSTICE SYSTEM, SUPPORT THE INVESTMENT OF PUBLIC DOLLARS TO COMMUNITY-DRIVEN ALTERNATIVES TO INCARCERATION, AND ENSURE THAT THOSE WHO ARE RETURNING HOME AFTER INCARCERATION RECEIVE THE SUPPORT THEY NEED TO FLOURISH. THE MICHIGAN JUSTICE FUND IS COMPRISED OF MICHIGAN-BASED AND NATIONAL FUNDERS DEDICATED TO ADVANCING JUSTICE REFORM AND THE ECONOMIC MOBILITY OF INDIVIDUALS WITH CRIMINAL CONVICTIONS IN MICHIGAN. IN 2024, MJF FUNDED $3.7MM IN GRANTS TO NONPROFIT ORGANIZATIONS THAT SUPPORT JUSTICE REFORM.
    Expenses $5,089,438 · grants $3,714,148
  • THE DETROIT REGIONAL WORKFORCE PARTNERSHIP EXISTS TO CULTIVATE AN ENVIRONMENT WHERE BUSINESSES, GOVERNMENT ENTITIES, AND EDUCATIONAL INSTITUTIONS COLLABORATE SEAMLESSLY ENSURING THAT A ROBUST AND DYNAMIC TALENT POOL HAS ACCESS TO THE EMPLOYMENT OPPORTUNITIES THAT PROPEL SOUTHEAST MICHIGAN TOWARDS SUSTAINED ECONOMIC GROWTH.
    Expenses $645,236
  • THROUGH ITS GRANTMAKING, THE COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN SEEKS TO BUILD A STRONGER, MORE COMPETITIVE REGION BY ENCOURAGING REGIONAL THINKING AND COOPERATION, FOSTERING INNOVATION AND CREATIVE SOLUTIONS, AND LEVERAGING ADDITIONAL RESOURCES FOR AREA ORGANIZATIONS AND COMMUNITIES. SCHEDULE I LISTS ORGANIZATIONS SUPPORTED AND GRANTS AWARDED IN 2024.
    Expenses $101,592,685 · grants $96,976,710 · revenue $484,972

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
38-2530980
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
1984
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,207,379,849
Income (IRS master file)
$246,153,379

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$246,111,003$131,170,926$1,207,379,849IRS
990-TDecember 2024–––IRS
990December 2023$128,173,574$117,230,287$1,142,486,271XML
990-TDecember 2023–––IRS
990December 2022$117,489,833$96,078,374$975,088,355IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––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 38-2530980).

Questions about COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN

What is the EIN of COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN?
The employer identification number (EIN) of COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN is 38-2530980.
Is COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN 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 COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN?
The 990 for the year ended December 31, 2024 names NICOLE SHERARD-FREEMAN.
Who are the officers and directors of COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN?
The 990 for the year ended December 31, 2024 lists 64 people; 12 received compensation from the organization, the highest $654,744 (RICHARD L DEVORE, PRESIDENT).
How much revenue does COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN have?
On its 990 for the year ended December 31, 2024 it reported revenue of $246,111,003, expenses of $131,170,926 and total assets of $1,207,379,849 at year end.

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