Nonprofit · EIN 46-3505927
2ND CHANCE CORPORATION
Tax-exempt · LAKEVIEW, MI 48850
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $52,550 | $18,705 | $33,845 | $133,799 | – | $133,799 |
| June 30, 2024 | 990-EZ | $36,708 | $13,044 | $23,664 | $99,954 | – | $99,954 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $47,088
- Program service revenue
- $0
- Investment income
- $892
- Net income from fundraising events
- $4,570
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $767
- Occupancy
- $5,428
- Printing, publications and postage
- $33
- Other expenses
- $12,477
Balance sheet and other
- Total assets, start of year
- $99,954
- Total assets, end of year
- $133,799
- Total liabilities, end of year
- –
- Net assets, end of year
- $133,799
- Cash, savings and investments
- $42,555
- Land and buildings
- $91,244
- Gross receipts
- $57,361
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RON SILVERMAN | PRESIDENT DIRECTOR | 40 | $0 |
| PATTI SILVERMAN | SECRETARY-TREASURY DIRECTOR | 0 | $0 |
| BETH SIMON | VICE- PRESIDENT DIRECTOR | 0 | $0 |
| PAULA SOMERVILLE | DIRECTOR | 0 | $0 |
| MIKE SIMON | DIRECTOR CHAPLAIN | 0 | $0 |
| TRUMAN SMITH | DIRECTOR | 0 | $0 |
| DAN WILLISON | DIRECTOR | 0 | $0 |
| MIKE STOREY | DIRECTOR | 0 | $0 |
| JEAN KRIEGER | DIRECTOR | 0 | $0 |
990-EZ for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RON SILVERMAN | PRESIDENT DIRECTOR | 40 | $0 |
| PATTI SILVERMAN | SECRETARY-TREASURY DIRECTOR | 0 | $0 |
| BETH SIMON | VICE- PRESIDENT DIRECTOR | 0 | $0 |
| PAULA SOMERVILLE | DIRECTOR | 0 | $0 |
| MIKE SIMON | DIRECTOR CHAPLAIN | 0 | $0 |
| TRUMAN SMITH | DIRECTOR | 0 | $0 |
| DAN WILLISON | DIRECTOR | 0 | $0 |
| MIKE STOREY | DIRECTOR | 0 | $0 |
| JEAN KRIEGER | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1660 100TH AVE, LAKEVIEW, MI 48850-9683
- Signed the 990-EZ
- RON SILVERMAN, PRESIDENT
- Phone
- (616) 293-2150
- Return prepared by
- JOHN C CORNELL CPA PC
Mission
THE ORGANIZATION WILL PROVIDE INSTRUCTION AND GUIDANCE IN LIFE SKILLS TO YOUTH AND ADULTS WHO HAD DIFFICULTY IN TRADITIONAL SETTINGS. THIS WILL BE DONE THROUGH,AMONG OTHER THINGS, HANDS ON WORK EXPERIENCE IN A CHRISTIAN AGRICULTURAL SETTING.
Program accomplishments
- THE ORGANIZATION HAS ACQUIRED LAND AND A HISTORIC HOUSE TO UTILIZE AS A CHRISTIAN RETREAT CENTER AVAILABLE TO CHURCHES AND ORGANIZATIONS FOR SHORT TERM GATHERINGS THAT WOULD BENEFIT FROM A CHRISTIAN SETTING.
- NONE
- NONE
- NONE
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-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 46-3505927
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B25)
- Assets (IRS master file)
- $133,799
- Income (IRS master file)
- $57,361
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $52,550 | $18,705 | $133,799 | XML |
| 990-EZ | June 2024 | $36,708 | $13,044 | $99,954 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $71,428 | $72,072 | $31,775 | IRS |
| 990-EZ | June 2021 | – | – | – | 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 46-3505927).
Questions about 2ND CHANCE CORPORATION
- What is the EIN of 2ND CHANCE CORPORATION?
- The employer identification number (EIN) of 2ND CHANCE CORPORATION is 46-3505927.
- Is 2ND CHANCE CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to 2ND CHANCE CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 2ND CHANCE 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 2ND CHANCE 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 2ND CHANCE CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who are the officers and directors of 2ND CHANCE CORPORATION?
- The 990-EZ for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does 2ND CHANCE CORPORATION have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $52,550, expenses of $18,705 and total assets of $133,799 at year end.
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