Nonprofit · EIN 82-3863542
SOUTHEAST MICHIGAN OPPORTUNITY FOUNDATION 4
Tax-exempt · DETROIT, MI 48226
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $7,713,230 | $142,315 | $7,570,915 | $11,654,476 | $4,083,561 | $7,570,915 |
| December 31, 2023 | 990-EZ | $0 | $0 | $0 | $0 | $0 | $0 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $7,700,000
- Program service revenue
- $0
- Investment income
- $13,230
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $35,656
- Management and general (functional)
- $142,315
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $11,654,476
- Total liabilities, end of year
- $4,083,561
- Net assets, end of year
- $7,570,915
- Publicly traded securities
- $70,085
- Net assets with donor restrictions
- $7,570,915
- Gross receipts
- $7,713,230
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2017
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RICHARD L DEVORE | TREAS. (START 9/24)/ PRESIDENT Trustee or director, Officer | 0.5 | $0 | $654,744 | $64,903 |
| NICOLE SHERARD-FREEMAN | DIRECTOR (START 7/24) Trustee or director | 0.5 | $0 | $412,982 | $3,054 |
| MATTHEW J LEWIS | SECRETARY (START 9/24) Officer | 0.5 | $0 | $153,690 | $33,194 |
| DAVID T PROVOST | CHAIR (START 10/24) Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| DALE L WATCHOWSKI | DIRECTOR (START 7/24) Trustee or director | 0.5 | $0 | $0 | $0 |
| DAVID MASSARON | DIRECTOR (START 9/24) Trustee or director | 0.5 | $0 | $0 | $0 |
| JAMES TIGHE | DIRECTOR (START 9/24) Trustee or director | 0.5 | $0 | $0 | $0 |
| MARY H WEISER | DIRECTOR (END 10/24) Trustee or director | 0.5 | $0 | $0 | $0 |
| PHILLIP WM FISHER | DIRECTOR (START 11/24) Trustee or director | 0.5 | $0 | $0 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD L DEVORE | CHAIR/PRESIDENT/DIRECTOR | 0 | $0 |
| JAMES B NICHOLSON | DIRECTOR (END 07/23) | 0 | $0 |
| MARY H WEISER | SECRETARY AND TREASURER | 0 | $0 |
| DAVID T PROVOST | DIRECTOR (BEG 08/23) | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 333 W FORT ST STE 2010, DETROIT, MI 48226-3134
- In care of
- % ROBIN D FERRIBY
- 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
SOUTHEAST MICHIGAN FOUNDATION FOR PUBLIC SPACES SUPPORTS THE COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN (CFSEM) BY SUPPORTING ORGANIZATIONS WHOSE WORK FURTHERS CFSEM'S MISSION. THE COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN'S MISSION IS TO BUILD THE RESOURCES, RELATIONSHIPS AND EXPERTISE REQUIRED TO EXPAND EQUITABLE ACCESS TO OPPORTUNITIES ACROSS SOUTHEAST MICHIGAN TO MAKE IT A DESIRABLE PLACE TO LIVE, WORK AND PLAY FOR ALL RESIDENTS, TODAY AND TOMORROW.
Program accomplishments
- RENAMED IN 2024, THE SOUTHEAST MICHIGAN FOUNDATION FOR PUBLIC SPACES WILL SUPPORT COMPLETION OF CONSTRUCTION OF PUBLIC SPACES ALONG DETROIT'S RIVERFRONT, SPECIFICALLY TO SUPPORT THE ONGOING CONSTRUCTION OF THE RALPH C. WILSON JR. CENTENNIAL PARK. THE ORGANIZATION RECEIVED $7.7M IN GRANTS IN AUGUST 2024 IN SUPPORT OF THAT PURPOSE.0
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 82-3863542
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $11,654,476
- Income (IRS master file)
- $7,713,230
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $7,713,230 | $142,315 | $11,654,476 | XML |
| 990-EZ | December 2023 | $0 | $0 | $0 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 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 82-3863542).
Questions about SOUTHEAST MICHIGAN OPPORTUNITY FOUNDATION 4
- What is the EIN of SOUTHEAST MICHIGAN OPPORTUNITY FOUNDATION 4?
- The employer identification number (EIN) of SOUTHEAST MICHIGAN OPPORTUNITY FOUNDATION 4 is 82-3863542.
- Is SOUTHEAST MICHIGAN OPPORTUNITY FOUNDATION 4 tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to SOUTHEAST MICHIGAN OPPORTUNITY FOUNDATION 4 tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does SOUTHEAST MICHIGAN OPPORTUNITY FOUNDATION 4 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 SOUTHEAST MICHIGAN OPPORTUNITY FOUNDATION 4 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 SOUTHEAST MICHIGAN OPPORTUNITY FOUNDATION 4 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 SOUTHEAST MICHIGAN OPPORTUNITY FOUNDATION 4?
- The 990 for the year ended December 31, 2024 names NICOLE SHERARD-FREEMAN.
- Who are the officers and directors of SOUTHEAST MICHIGAN OPPORTUNITY FOUNDATION 4?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does SOUTHEAST MICHIGAN OPPORTUNITY FOUNDATION 4 have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $7,713,230, expenses of $142,315 and total assets of $11,654,476 at year end.
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