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Nonprofit · EIN 38-2671221

SCHOOLCRAFT DEVELOPMENT AUTHORITY INC

Tax-exempt · LIVONIA, MI 48152

Financials

$1.3M$871K2023$1.3M$1M2024
Revenue Expenses · by fiscal year end
Financials of SCHOOLCRAFT DEVELOPMENT AUTHORITY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,297,859$1,011,162$286,697$24,927,379$25,162,419-$235,040
June 30, 2024990$1,298,690$871,050$427,640$25,034,924$25,556,661-$521,737
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$901,116
Net rental income
$373,511
Other revenue
$396,743

Expenses

Grants and similar amounts paid
$1,000,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$1,000,000
Management and general (functional)
$11,162

Balance sheet and other

Total assets, start of year
$25,034,924
Total assets, end of year
$24,927,379
Total liabilities, end of year
$25,162,419
Net assets, end of year
-$235,040
Net assets without donor restrictions
-$235,040
Gross receipts
$1,297,859
Employees
0
Volunteers
8
Year formed
1986
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 / weekCompensationFrom related orgsOther / benefits
DR GLENN CERNYPRESIDENT
Trustee or director, Officer
2$0$441,355$192,627
JON LAMBSECRETARY/TRASURER
Trustee or director, Officer
3$0$244,009$40,453
ROBERT R NIX II JDVICE PRESIDENT
Trustee or director, Officer
0.25$0$0$0
JAMES FAUSONEDIRECTOR
Trustee or director
0.25$0$0$0
TERRY GILLIGANDIRECTOR
Trustee or director
0.25$0$0$0
KATHLEEN LOMAKODIRECTOR
Trustee or director
0.25$0$0$0
HON LITA POPKEDIRECTOR
Trustee or director
0.25$0$0$0
HON DANIEL RYAN JD PHDDIRECTOR
Trustee or director
0.25$0$0$0
CAROL STROMDIRECTOR
Trustee or director
0.25$0$0$0
BRIAN TURNBULLDIRECTOR
Trustee or director
0.25$0$0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR GLENN CERNYPRESIDENT
Trustee or director, Officer
2$0$405,241$188,886
JON LAMBSECRETARY/TRASURER
Trustee or director, Officer
3$0$211,314$37,290
ROBERT R NIX IIJD, VICE PRESIDENT
Trustee or director, Officer
0.25$0$0$0
JAMES FAUSONEDIRECTOR
Trustee or director
0.25$0$0$0
TERRY GILLIGANDIRECTOR
Trustee or director
0.25$0$0$0
KATHLEEN LOMAKODIRECTOR
Trustee or director
0.25$0$0$0
HON LITA POPKEDIRECTOR
Trustee or director
0.25$0$0$0
HON DANIEL RYANJD, PHD, DIRECTOR
Trustee or director
0.25$0$0$0
CAROL STROMDIRECTOR
Trustee or director
0.25$0$0$0
BRIAN TURNBULLDIRECTOR
Trustee or director
0.25$0$0$0

Address and contacts

Address (IRS master file)
18600 HAGGERTY ROAD JC233, LIVONIA, MI 48152-3932
Principal officer (990 for 2024)
JON LAMB, 18600 HAGGERTY ROAD JC233, LIVONIA, MI 48152
Signed the 990
JON LAMB, CFO
Phone
(734) 462-4416
Return prepared by
PLANTE & MORAN PLLC

Mission

DEVELOP SCHOOLCRAFT COLLEGE LAND AND DISTRIBUTE NET PROCEEDS EXCLUSIVELY TO EDUCATIONAL PROGRAMS.

990 for the year ended June 30, 2025

Program accomplishments

  • GRANTS TO SCHOOLCRAFT COLLEGE OR IT'S DEVELOPMENT COMPONENT UNITS FOR CHARITABLE PURPOSES.
    Expenses $1,000,000 · grants $1,000,000

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
38-2671221
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1986
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$24,927,379
Income (IRS master file)
$1,297,859

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,297,859$1,011,162$24,927,379XML
990June 2024$1,298,690$871,050$25,034,924XML
990June 2023$1,299,301$911,144$25,004,026IRS
990June 2022–––IRS
990June 2021–––IRS
990June 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 38-2671221).

Questions about SCHOOLCRAFT DEVELOPMENT AUTHORITY INC

What is the EIN of SCHOOLCRAFT DEVELOPMENT AUTHORITY INC?
The employer identification number (EIN) of SCHOOLCRAFT DEVELOPMENT AUTHORITY INC is 38-2671221.
Is SCHOOLCRAFT DEVELOPMENT AUTHORITY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1986.
Are donations to SCHOOLCRAFT DEVELOPMENT AUTHORITY INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SCHOOLCRAFT DEVELOPMENT AUTHORITY INC 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 SCHOOLCRAFT DEVELOPMENT AUTHORITY INC 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 SCHOOLCRAFT DEVELOPMENT AUTHORITY INC 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 SCHOOLCRAFT DEVELOPMENT AUTHORITY INC?
The 990 for the year ended June 30, 2025 names JON LAMB.
Who are the officers and directors of SCHOOLCRAFT DEVELOPMENT AUTHORITY INC?
The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does SCHOOLCRAFT DEVELOPMENT AUTHORITY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,297,859, expenses of $1,011,162 and total assets of $24,927,379 at year end.

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