Nonprofit · EIN 93-2480558
HEADWATERS NORTH CORPORATION
Tax-exempt · SAULT S MARIE, MI 49783
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $336,750 | $208,170 | $128,580 | $168,677 | $0 | $168,677 |
| June 30, 2024 | 990-EZ | $110,000 | $69,903 | $40,097 | $40,097 | – | $40,097 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $336,750
- of which government grants
- $335,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,209
- Accounting fees
- $1,748
- Travel
- $14,918
- Program services (functional)
- $205,213
- Management and general (functional)
- $2,957
Balance sheet and other
- Total assets, start of year
- $40,097
- Total assets, end of year
- $168,677
- Total liabilities, end of year
- $0
- Net assets, end of year
- $168,677
- Net assets without donor restrictions
- $168,677
- Gross receipts
- $336,750
- Employees
- 0
- Year formed
- 2023
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NEVIN BUCONJIC | DIRECTOR Trustee or director | 5 | $0 |
| BRIAN CHAPMAN | DIRECTOR Trustee or director | 5 | $0 |
| DONALD GERRIE | CHAIRMAN Trustee or director, Officer | 5 | $0 |
| JEFF HAGAN | DIRECTOR Trustee or director | 5 | $0 |
| STEVE JOHNSON | SECRETARY Trustee or director, Officer | 5 | $0 |
| ANGIE MCARTHUR | TREASURER Trustee or director, Officer | 5 | $0 |
| MINDY MCCREADY | DIRECTOR Trustee or director | 5 | $0 |
| FRED MOLNAR | DIRECTOR Trustee or director | – | $0 |
| CHRIS OLSON | VICE-CHAIRMA Trustee or director, Officer | 5 | $0 |
990-EZ for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Donald Gerrie | Board Chair | 5 | $0 |
| Chris Olson | Vice-Chairman | 5 | $0 |
| Angie McArthur | Treasurer | 5 | $0 |
| Steve Johnson | Secretary | 5 | $0 |
| Jeff Hagan | Cirector | 5 | $0 |
| Nevin Buconjic | Director | 5 | $0 |
| Mindy McCready | Director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 225 E PORTAGE AVE, SAULT S MARIE, MI 49783-2053
- Principal officer (990 for 2024)
- DONALD GERRIE, 100 SALMON RUNWAY, SAULT SAINTE MARIE, MI 49783
- Signed the 990
- DONALD GERRIE, CHAIRMAN
- Phone
- (906) 440-6829
- Website
- WWW.HEADWATERSNORTH.ORG
- Return prepared by
- SCHULTZ & ASSOCIATES PLC
Mission
ADVANCING ENTREPRENEURISM IN THE EASTERN UPPER PENINSULA OF MICHIGAN.
Program accomplishments
- ASSISTING, SUPPORTING, DEVEOLPING AND HELPING GROW BUSINESSES IN THE LOCAL COMMUNITY.Expenses $205,213
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 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 93-2480558
- 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
- 2024
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $168,677
- Income (IRS master file)
- $336,750
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $336,750 | $208,170 | $168,677 | IRS |
| 990-EZ | June 2024 | $110,000 | $69,903 | $40,097 | XML |
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 93-2480558).
Questions about HEADWATERS NORTH CORPORATION
- What is the EIN of HEADWATERS NORTH CORPORATION?
- The employer identification number (EIN) of HEADWATERS NORTH CORPORATION is 93-2480558.
- Is HEADWATERS NORTH CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to HEADWATERS NORTH CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HEADWATERS NORTH 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 HEADWATERS NORTH 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 HEADWATERS NORTH CORPORATION 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 HEADWATERS NORTH CORPORATION?
- The 990 for the year ended June 30, 2025 names DONALD GERRIE.
- Who are the officers and directors of HEADWATERS NORTH CORPORATION?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does HEADWATERS NORTH CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $336,750, expenses of $208,170 and total assets of $168,677 at year end.
Other nonprofits in SAULT S MARIE
- EASTERN UPPER PENINSULA AMATEUR RADIO CLUB EIN 99-1265788 · last filed 990-N for 2025
- INTER TRIBAL COUNCIL OF MICHIGAN INC EIN 38-1893519 · last filed 990 for 2025
- CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN EIN 38-1599932 · last filed 990 for 2024
- CHIPPEWA LUCE MACINAC COMM ACTION HUMAN RESOURCE AUTH INC EIN 38-1798626 · last filed 990 for 2025
- LAKE SUPERIOR STATE UNIVERSITY FOUNDATION EIN 38-2576021 · last filed 990 for 2025
- SUPERIOR HEALTH SUPPORT SYSTEMS EIN 35-2238542 · last filed 990 for 2024
- NORTHERN TRANSITIONS INC EIN 38-1876470 · last filed 990 for 2025
- GREAT LAKES SHIPWRECK HISTORICAL SOCIETY INC EIN 38-2198482 · last filed 990 for 2025
All nonprofits in SAULT S MARIE · Michigan · Community improvement and capacity building