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Nonprofit · EIN 93-3840960

MICHIGAN CDFI COALITION

Tax-exempt · LANSING, MI 48933

Financials

$136K$96K2024
Revenue Expenses · by fiscal year end
Financials of MICHIGAN CDFI COALITION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$136,419$95,902$40,517$114,738$25,000$89,738
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$100,000
Membership dues
$35,250
Program service revenue
$0
Investment income
$1,169
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$90,782
Other expenses
$5,120
Program services (functional)
$51,031

Balance sheet and other

Total assets, start of year
$49,221
Total assets, end of year
$114,738
Total liabilities, end of year
$25,000
Net assets, end of year
$89,738
Cash, savings and investments
$101,399
Gross receipts
$136,419

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
ELISSA SANGALLICHAIR1$0
ERIC HANNAVICE CHAIR1$0
JENNIFER HAYESTREASURER1$0
CHRISTI COADY NARAYANANSECRETARY1$0
ERIK K FOSTERDIRECTOR1$0
CAROLYN CASSINDIRECTOR1$0
ZACH ORMSBYDIRECTOR1$0
JOANNA DUEWEKE-PEREZDIRECTOR1$0
MILINDA YSASIDIRECTOR1$0
LAURA GALBRAITHDIRECTOR1$0
JT MACKEYDIRECTOR1$0
SEAN WINTERSDIRECTOR1$0
SHANNA SHANANAQUETDIRECTOR1$0
RAY WATERSDIRECTOR1$0
KIERAN MARIONDIRECTOR1$0
1 more people on this return
NameTitleHours / weekCompensation
BELINDA TURNER-DUBOISDIRECTOR1$0

Address and contacts

Address (IRS master file)
124 W ALLEGAN ST STE 1900, LANSING, MI 48933-1768
In care of
% KEELI BAKER
Signed the 990-EZ
Jennifer Hayes, Treasurer
Phone
(517) 484-8800

Mission

Through community engagement, education, and outreach, the Michigan CDFI Coalition seeks to promote the social welfare of and increase the financing opportunities for low-income, disadvantaged, and marginalized communities throughout Michigan.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Encourage collaboration and information sharing among existing CDFIs.
    Expenses $33,031
  • Directly provide educational programing and resources to CDFIs in Michigan to assist them in furthering their reach to underserved communities and empower individuals that are part of and small businesses that are owned by such communities. Conduct research and analysis to better understand the needs of underserved communities and to identify opportunities for CDFIs to make a greater impact.
    Expenses $18,000

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-EZ on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
93-3840960
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
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$114,738
Income (IRS master file)
$136,419

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$136,419$95,902$114,738XML

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 93-3840960).

Questions about MICHIGAN CDFI COALITION

What is the EIN of MICHIGAN CDFI COALITION?
The employer identification number (EIN) of MICHIGAN CDFI COALITION is 93-3840960.
Is MICHIGAN CDFI COALITION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to MICHIGAN CDFI COALITION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MICHIGAN CDFI COALITION 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 CDFI COALITION 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 MICHIGAN CDFI COALITION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of MICHIGAN CDFI COALITION?
The 990-EZ for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
How much revenue does MICHIGAN CDFI COALITION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $136,419, expenses of $95,902 and total assets of $114,738 at year end.

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