Nonprofit · EIN 38-2898009
MICHIGAN STUDENT FINANCIAL AID ASSOCIATION INC
Tax-exempt · ANN ARBOR, MI 48109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $122,972 | $102,357 | $20,615 | $220,709 | $0 | $220,709 |
| December 31, 2024 | 990-EZ | $135,685 | $107,681 | $28,004 | $200,094 | – | $200,094 |
| December 31, 2023 | 990-EZ | $104,959 | $98,849 | $6,110 | $172,089 | – | $172,089 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $13,110
- Membership dues
- $19,085
- Program service revenue
- $84,523
- Investment income
- $4,650
- Other revenue
- $1,604
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $875
- Other expenses
- $101,482
- Program services (functional)
- $97,855
Balance sheet and other
- Total assets, start of year
- $200,094
- Total assets, end of year
- $220,709
- Total liabilities, end of year
- $0
- Net assets, end of year
- $220,709
- Cash, savings and investments
- $220,709
- Gross receipts
- $122,972
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINE POWELL | SECRETARY | 1 | $0 |
| KARA KORF | TREASURER | 1 | $0 |
| JULIA DELAGARZA | ASSISTANT TREASURER | 1 | $0 |
| ANTHONY KROLAK | PRESIDENT - ELECT | 1 | $0 |
| KATIE MALONE | VICE PRESIDENT | 1 | $0 |
| KEMMOREE DUNCOMBE | PAST PRESIDENT/ASSOCIATION GOVERNAN | 1 | $0 |
| MICHAEL JONES | ASSOCIATE SECTOR | 1 | $0 |
| TIFFANY MAGEE | PRIVATE SECTOR | 1 | $0 |
| KEN MOORED | PROPRIETARY SECTOR | 1 | $0 |
| CHLOE SOVA | PUBLIC FOUR-YEAR SECTOR | 1 | $0 |
| SHANNON DUNIVON | PUBLIC TWO-YEAR SECTOR | 1 | $0 |
| STEPHANIE PETSCH | PRESIDENT | 1 | $0 |
990-EZ for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH KASABIAN-LARSON | SECRETARY | 1 | $0 |
| KARA KORF | TREASURER | 1 | $0 |
| HEATHER SWANSON | ASSISTANT TR | 1 | $0 |
| KEMMOREE DUNCOMBE | PRESIDENT | 1 | $0 |
| STEPHANIE PETSCH | PRESIDENT-EL | 1 | $0 |
| CHRISTINE POWELL | VICE PRESIDE | 1 | $0 |
| LOUIE KRAUSE | PAST PRESIDE | 1 | $0 |
| JULIA DELAGARZA | PRIVATE SECT | 1 | $0 |
| MICHAEL JONES | ASSOCIATE SE | 1 | $0 |
| LINDA BERLIN | PUBLIC TWO-Y | 1 | $0 |
| NICOLE BOELK | PUBLIC FOUR- | 1 | $0 |
990-EZ for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LOUIE KRAUSE | PRESIDENT | 1 | $0 |
| LORI ENGEL | SECRETARY | 1 | $0 |
| KEMMOREE DUNCOMBE | PRESIDENT EL | 1 | $0 |
| JULIA DELAGARZA | PRIVATE SECT | 1 | $0 |
| JANETTE SCHOCKE | TWO-YEAR SEC | 1 | $0 |
| VALERIE CULLER | TREASURER | 1 | $0 |
| LAJANIS ALLEN | PROPRIETARY | 1 | $0 |
| KARA KORF | ASSISTANT TR | 1 | $0 |
| ERIN ANNIS | ASSOCIATE SE | 1 | $0 |
| ANTHONY KROLAK | VICE PRESIDE | 1 | $0 |
| STEVEN FOSTER | PAST PRESIDE | 1 | $0 |
| NICOLE BOELK | FOUR-YEAR SE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 515 E JEFFERSON ST, ANN ARBOR, MI 48109-1316
- In care of
- % OFFICE OF SCHOLARSHIPS AND FINANC
- Signed the 990-EZ
- STEPHANIE PETSCH, PRESIDENT
- Phone
- (734) 677-5228
- Website
- WWW.MSFAA.ORG
- Return prepared by
- CALKINS HEHL RAFKO CPAS PLLC
Mission
TO ENHANCE STUDENT FINANCIAL AID AWARENESS, TO PROMOTE STUDENT ACCESS TO POSTSECONDARY EDUCATION, AND TO PROVIDE PROFESSIONAL DEVELOPMENT OPPORTUNITIES.
Program accomplishments
- SEMI-ANNUAL SUMMER AND WINTER CONFERENCES ARE HELD TO DISSEMINATE MEMBERS' DEVELOPMENTS AND ISSUES SURROUNDING THE STUDENT FINANCIAL SERVICES INDUSTRY.Expenses $70,448
- FA-101 - FINANCIAL AID PROFESSIONAL TRAINING GEARED TOWARD NEW PROFESSIONALS, BUT OPEN TO ALL MEMBERS AS A REFRESHER. FA-201 - NAFSAA CREDENTIAL COURSE OFFERING TWO CREDENTIALS (VERIFICATION AND SPECIAL CONSIDERATION).Expenses $1,522
- OTHER ORGANIZED TRAINING AND SUPPORT STAFF WORKSHOP ATTENDED BY PROFESSIONALS WORKING IN SUPPORTING ROLES IN FINANCIAL AID AND PARTNER OFFICES.Expenses $4,696
- VARIOUS OTHER CONFERENCES AND PROGRAMS TO HELP PROMOTE FINANCIAL AIDAWARENESS TO STUDENTS ACROSS THE STATE OF MICHIGAN.Expenses $21,189
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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 38-2898009
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99Z)
- Assets (IRS master file)
- $220,709
- Income (IRS master file)
- $122,972
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $122,972 | $102,357 | $220,709 | XML |
| 990-EZ | December 2024 | $135,685 | $107,681 | $200,094 | IRS |
| 990-EZ | December 2023 | $104,959 | $98,849 | $172,089 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | 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 38-2898009).
Questions about MICHIGAN STUDENT FINANCIAL AID ASSOCIATION INC
- What is the EIN of MICHIGAN STUDENT FINANCIAL AID ASSOCIATION INC?
- The employer identification number (EIN) of MICHIGAN STUDENT FINANCIAL AID ASSOCIATION INC is 38-2898009.
- Is MICHIGAN STUDENT FINANCIAL AID ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to MICHIGAN STUDENT FINANCIAL AID ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MICHIGAN STUDENT FINANCIAL AID ASSOCIATION 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 MICHIGAN STUDENT FINANCIAL AID ASSOCIATION INC 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 MICHIGAN STUDENT FINANCIAL AID ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of MICHIGAN STUDENT FINANCIAL AID ASSOCIATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does MICHIGAN STUDENT FINANCIAL AID ASSOCIATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $122,972, expenses of $102,357 and total assets of $220,709 at year end.
Other nonprofits in ANN ARBOR
- GREENHILLS SCHOOL EIN 38-6143974 · last filed 990 for 2025
- ANN ARBOR DISTRICT LIBRARY EIN 38-3279782 · last filed 990 for 2025
- ALUMNI ASSOCIATION OF THE UNIVERSITY OF MICHIGAN EIN 23-7206591 · last filed 990 for 2025
- EMERSON SCHOOL INC EIN 23-7442766 · last filed 990 for 2025
- CAMBRIDGE MICHIGAN LANGUAGE ASSESSMENT LLC EIN 27-3961960 · last filed 990 for 2025
- RUDOLF STEINER SCHOOL ASSOCIATION OF ANN ARBOR EIN 38-2242069 · last filed 990 for 2025
- DAYCROFT EIN 38-2430758 · last filed 990 for 2025
- HONEY CREEK COMMUNITY SCHOOL CORP EIN 38-3256298 · last filed 990 for 2025