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The Northern Michigan University Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237034523 ✦ Marquette, MI ✦ Designated as a 501(c)(3)

Overview

What is The Northern Michigan University Foundation?

The Northern Michigan University Foundation, located at 1401 Presque Isle Ave 607 Cohodas, Marquette, MI 49855, is a nonprofit organization dedicated to providing financial assistance to students, enabling them to pursue a college education. By establishing and fostering relationships, the foundation generates resources in support of Northern Michigan University's strategic goals. Specifically, the foundation focuses on scholarships and other financial aid.


Official website here: www.foundation.nmu.edu/

Is The Northern Michigan University Foundation legitimate?

The Northern Michigan University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Northern Michigan University Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.foundation.nmu.edu/

What is the mission statement of The Northern Michigan University Foundation?

The Northern Michigan University Foundation works to establish and cultivate relationships to generate resources that further the objectives of Northern Michigan University. Through these efforts, the foundation focuses on providing financial assistance to students, enabling them to attain a college education.


Official website here: www.foundation.nmu.edu/

Who is the CEO of The Northern Michigan University Foundation?

Brad Canale is the Chief Executive Officer of The Northern Michigan University Foundation. The CEO's salary of The Northern Michigan University Foundation is $0 and their total compensation is $293,072.


Official website here: www.foundation.nmu.edu/

What is the revenue of The Northern Michigan University Foundation?

The Northern Michigan University Foundation's revenue in 2023 was $18,008,930.


Official website here: www.foundation.nmu.edu/

Who are the executives of The Northern Michigan University Foundation and what are their salaries?

Here are 21 key members and their salaries (The Northern Michigan University Foundation's CEO's salary is $0 and their total compensation is $293,072):

    Brad M Canale (Chief Executive Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $203,540
  • Other: $89,532

    • Kevin C Boyle (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John F List (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katherine L Miller (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jesse W Bell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William W Bowerman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William W Edwards (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph A Evans (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole A Gregory (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen P Latus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark R Lovell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russell M Magnaghi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerard J Molitor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa M Mueller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David R Nerenz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael R Oswald (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark B Pynnonen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Curt L Tucker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carole L Welte (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James C Welte (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy P Greeley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.foundation.nmu.edu/

    Where can I find the form 990 for The Northern Michigan University Foundation?

    The The Northern Michigan University Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.foundation.nmu.edu/

    Learn more at the official website: www.foundation.nmu.edu/

    Mission Statement of The Northern Michigan University Foundation

    The Northern Michigan University Foundation, a dedicated organization, focuses on forging connections to amass resources in support of Northern Michigan University's (NMU) strategic objectives. With a clear mission, the Foundation works tirelessly to generate financial assistance for students, ensuring they have the opportunity to pursue higher education.

    Through the establishment and cultivation of relationships, The Northern Michigan University Foundation plays a vital role in enhancing the university's resources. By providing scholarships and financial aid, the organization enables students to overcome financial barriers and fully engage in their academic journeys. This investment in students' futures not only benefits the individuals themselves but also contributes to the broader success of Northern Michigan University as a whole.

    The Foundation's commitment to student success is unwavering, and its efforts to provide financial assistance have proven to be transformative for countless students. By granting scholarships and other forms of financial aid, The Northern Michigan University Foundation provides the means for students to overcome financial obstacles and focus on their studies. Ultimately, the Foundation's unyielding support empowers students to reach their full potential and contribute to the world in meaningful ways.

    Impact

    This information is meant to be a general summary of The Northern Michigan University Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Northern Michigan University Foundation's impact is significant in providing scholarships and financial aid to students, enabling them to obtain a college education. By establishing and fostering relationships to generate resources that benefit the strategic goals of Northern Michigan University, the foundation plays a crucial role in supporting students' educational endeavors.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,273,153
  • Program Service Revenue: $0
  • Gross Receipts: $52,720,618

    • Assets and Liabilities:
  • Total Assets: $70,883,331
  • Total Liabilities: $4,998,225
  • Net Assets: $65,885,106
  • Organization Details

    Founding Year

    1968

    Principal Officer

    Brad Canale

    Main Address

    1401 PRESQUE ISLE AVE 607 COHODAS, MARQUETTE, MI, 49855

    NTEE Category

    Code: B43I - Education

    If you are a representative of The Northern Michigan University Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.