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Nonprofit · EIN 38-3390605

NORTH WOODWARD COMMUNITY FOUNDATION

Tax-exempt · TROY, MI 48099

Financials

$351K$232K2023$379K$256K2024
Revenue Expenses · by fiscal year end
Financials of NORTH WOODWARD COMMUNITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$379,447$255,583$123,864$1,261,858$1,268$1,260,590
December 31, 2023990$351,370$232,387$118,983$1,063,390$0$1,063,390
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$61,895
Membership dues
$15,000
Program service revenue
$234,010
Investment income
$83,542
Net gain from sales of assets
$45,179
Other revenue
$0

Expenses

Grants and similar amounts paid
$122,098
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,567
Program services (functional)
$216,423
Management and general (functional)
$31,823
Fundraising (functional)
$7,337

Balance sheet and other

Total assets, start of year
$1,063,390
Total assets, end of year
$1,261,858
Total liabilities, end of year
$1,268
Net assets, end of year
$1,260,590
Land, buildings and equipment
$6,500
Publicly traded securities
$766,204
Net assets without donor restrictions
$1,260,590
Gross receipts
$1,141,331
Employees
0
Year formed
1998
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 / weekCompensation
OLIVIA MCLAUGHLINEXECUTIVE DI
Officer
20$16,903
KAREN GREENWOODBOARD CHAIRP
Trustee or director, Officer
1$0
JENNETTE SMITH KOTILAVICE CHAIRPE
Trustee or director, Officer
1$0
DAN DUGGANTREASURER
Trustee or director, Officer
1$0
JON BOGUTHSECRETARY
Trustee or director, Officer
1$0
KUMAR GIRIDIRECTOR
Trustee or director
1$0
DOUG TIETZDIRECTOR
Trustee or director
1$0
DAWN CALNENDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
JON BOGUTHSECRETARY
Trustee or director
–$0
DAWN CALNENDIRECTOR
Trustee or director
–$0
DAN DUGGANTREASURER
Trustee or director
–$0
KUMAR GIRIDIRECTOR
Trustee or director
–$0
KAREN GREENWOODCHAIRMAN
Trustee or director
–$0
JENNETTE SMITH KOTILAVICE CHAIR
Trustee or director
–$0
DOUG TIETZDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
PO BOX 861, TROY, MI 48099-0861
In care of
% JOSEPH A SEMANY PRES
Principal officer (990 for 2024)
KAREN GREENWOOD, PO BOX 861, TROY, MI 48099
Signed the 990
OLIVIA MCLAUGHLIN, EXECUTIVE DIRECTOR
Phone
(248) 781-0470
Return prepared by
SCHREIBER ADVISORS PC

Mission

INVESTING IN CITIZEN DRIVEN INITIATIVES TO ENHANCE THE QUALITY OF LIFE IN THE COMMUNITY THROUGH PHILANTHROPY.

990 for the year ended December 31, 2024

Program accomplishments

  • TROY COMMUNITY EVENTS: THE OBJECTIVE OF THE FESTIVAL IS TO PROVIDE A FAMILY-ORIENTED EVENT COMPRISED OF NUMEROUS ACTIVITIES/ATTRACTIONS THAT IS OPEN TO THE PUBLIC, TO BE HELD IN SEPTEMBER, THE SECOND WEEKEND AFTER LABOR DAY ON THE GROUNDS OF THE TROY CIVIC CENTER. IT IS AN EVENT TO UNIFY OUR TROY COMMUNITY.
    Expenses $94,325 · revenue $234,010
  • GRANTS AND SCHOLARSHIPS PROVIDED TO NUMEROUS ORGANIZATIONS AND INDIVIDUALS.
    Expenses $122,098 · grants $122,098

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
38-3390605
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
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,261,858
Income (IRS master file)
$1,141,331

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$379,447$255,583$1,261,858IRS
990December 2023$351,370$232,387$1,063,390XML
990December 2022$307,096$202,902$955,965IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 38-3390605).

Questions about NORTH WOODWARD COMMUNITY FOUNDATION

What is the EIN of NORTH WOODWARD COMMUNITY FOUNDATION?
The employer identification number (EIN) of NORTH WOODWARD COMMUNITY FOUNDATION is 38-3390605.
Is NORTH WOODWARD COMMUNITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to NORTH WOODWARD COMMUNITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NORTH WOODWARD 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 NORTH WOODWARD COMMUNITY FOUNDATION 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 NORTH WOODWARD COMMUNITY FOUNDATION 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 NORTH WOODWARD COMMUNITY FOUNDATION?
The 990 for the year ended December 31, 2024 names KAREN GREENWOOD.
Who are the officers and directors of NORTH WOODWARD COMMUNITY FOUNDATION?
The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $16,903 (OLIVIA MCLAUGHLIN, EXECUTIVE DI).
How much revenue does NORTH WOODWARD COMMUNITY FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $379,447, expenses of $255,583 and total assets of $1,261,858 at year end.

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