Overview
What is Northern Great Lakes Initiatives?
Northern Great Lakes Initiatives is a nonprofit organization situated in Marquette, Michigan. With a mission to foster and encourage community revitalization projects, they offer affordable access to capital through their revolving loan fund and associated grants. Their primary goal is to support economically disadvantaged communities within the Great Lakes watershed region, which often struggle to secure assistance from traditional sources. By providing loans, strategic planning, and other essential support, Northern Great Lakes Initiatives plays a crucial role in revitalizing these communities. Additionally, they offer business development resources to users outside of the Great Lakes watershed region, demonstrating their commitment to broader economic growth and development. With a team of 34 dedicated individuals, Northern Great Lakes Initiatives is a valuable asset for communities in need of financial and strategic assistance.
Official website here: www.northerninitiatives.org
Is Northern Great Lakes Initiatives legitimate?
Northern Great Lakes Initiatives is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northern Great Lakes Initiatives 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: $418,483
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,851,525
For more financial information, click here
Official website here: www.northerninitiatives.org
What is the mission statement of Northern Great Lakes Initiatives?
The Northern Great Lakes Initiatives have a mission to stimulate, encourage, and boost revitalization projects and programs in economically disadvantaged communities within the Great Lakes watershed region. They accomplish this goal by providing loans, strategic planning assistance, and other forms of support to these communities, which often struggle to secure aid from conventional sources. Furthermore, the organization offers business development resources to users beyond the Great Lakes watershed region.
Official website here: www.northerninitiatives.org
Who is the CEO of Northern Great Lakes Initiatives?
Elissa Sangalli is the President/Ce of Northern Great Lakes Initiatives.
Official website here: www.northerninitiatives.org
What is the revenue of Northern Great Lakes Initiatives?
Northern Great Lakes Initiatives's revenue in 2022 was $8,055,442.
Official website here: www.northerninitiatives.org
Who are the executives of Northern Great Lakes Initiatives and what are their salaries?
The average compensation at Northern Great Lakes Initiatives during 2022 was $66,765. There are 34 employees and 20 volunteers at Northern Great Lakes Initiatives.
Here are 20 key members and their salaries:
- Elissa Sangalli (President/Ce) [Trustee/Director]
- Amanda Blondeau (Chief Strate)
- Charles Hurst (Vp Of Lendin)
- Kevin Boyle (Trustee)
- R Gavin Leach (Trustee)
- Carol Johnson (Trustee)
- Meredith Freeman (Trustee)
- Peter Graves (Trustee)
- Ron Grzywinski (Assistant Se) [Trustee/Director]
- Mary Houghton (Secretary) [Trustee/Director]
- Alfred Joyal Iii (Chairperson) [Trustee/Director]
- Kathy Mason (Treasurer) [Trustee/Director]
- Wes Maurer Jr (Assistant Se) [Trustee/Director]
- Chandra Mcmillion (Trustee)
- Sara Proano (Trustee)
- Dr Eric Travan (Trustee)
- Charles Van Loan (Trustee)
- Thomas Vear (Trustee)
- Mark Williams (Trustee)
- Greg West (Trustee)
Official website here: www.northerninitiatives.org
Where can I find the form 990 for Northern Great Lakes Initiatives?
The Northern Great Lakes Initiatives’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.northerninitiatives.org
Learn more at the official website: www.northerninitiatives.org
Mission Statement of Northern Great Lakes Initiatives
Northern Great Lakes Initiatives is a nonprofit organization dedicated to encouraging, promoting, and fostering community revitalization projects and programs. Their mission is to support economically disadvantaged communities in the Great Lakes watershed region, which may not have access to assistance from traditional sources. They accomplish this by offering loans, strategic planning, and various other forms of support. Additionally, business development resources are available to users outside of the Great Lakes watershed region. In essence, Northern Great Lakes Initiatives aims to revitalize communities by providing them with the necessary tools and resources to thrive and grow.
Impact
This information is meant to be a general summary of Northern Great Lakes Initiatives. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Northern Great Lakes Initiatives' impact is significant in fostering community revitalization projects and programs in economically disadvantaged communities within the Great Lakes watershed region. By providing affordable access to capital through its revolving loan fund and associated grants, the organization enables these communities to undertake projects that they might not have been able to pursue through traditional sources of support. This support extends to strategic planning and other resources, ultimately helping create opportunities for growth and development in areas that may otherwise be overlooked. Overall, their work plays a crucial role in improving the quality of life and economic prospects for residents in these communities.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$1,356,290
PROGRAM FEES
Revenue
$508,967
LOAN FEES
Revenue
$298,346
Organization Details
Founding Year
2014
Phone
(906) 228-5571
Principal Officer
Elissa Sangalli
Main Address
101 W WASHINGTON STREET STE 9, MARQUETTE, MI, 49855
Website
www.northerninitiatives.org
NTEE Category
Code: P20 - Human services
If you are a representative of Northern Great Lakes Initiatives 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.