CATHOLIC COMMUNITY FOUNDATION OF MID-MICHIGAN

EIN: 204595721 501(c)(3) Religion

SAGINAW, MI

Total Revenue
$4,396,603
Total Expenses
$2,153,006
Total Assets
$41,813,670
Net Assets
$41,731,206
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
MI
Principal Officer
KRISTIN SMITH
Phone
9893039200
Tax Period
2024-01-01 to 2024-12-31

CATHOLIC COMMUNITY FOUNDATION OF MID-MICHIGAN, founded in 2006, is a community nonprofit in the Religion sector that reported $4.4M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 51% operating margin.

Mission

TO RECEIVE AND ADMINISTER FUNDS AND TO OPERATE EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, AND EDUCATIONAL PURPOSES FOR THE BENEFIT OF THE ROMAN CATHOLIC DIOCESE OF SAGINAW, MICHIGAN AND THE PEOPLE IT SERVES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,327,359
Program Service Revenue $0
Investment Income $3,020,109
Other Revenue $49,135
TOTAL REVENUE $4,396,603

Expense Breakdown

Grants Paid $1,699,337
Salaries & Benefits $291,107
Fundraising Expenses $120,890
Program Expenses $1,971,693
Other Expenses $162,562
TOTAL EXPENSES $2,153,006

Year-over-Year Comparison

2024 2023 Change
Revenue $4,396,603 $3,491,042 +0.3%
Expenses $2,153,006 $1,897,335 +0.1%
Net Income $2,243,597 $1,593,707 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
4
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$164,570
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTIN SMITH EXECUTIVE DI 40.00
Officer
$142,477 $22,093 $164,570
MAUREEN BECKER PRESIDENT 1.00
Officer Director
$0 $0 $0
RUTH BUKO TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH DAY SECRETARY 1.00
Officer Director
$0 $0 $0
BISHOP ROBERT GRUSS EX-OFFICIO T 1.00
Director
$0 $0 $0
HECTOR MALACARA TRUSTEE 1.00
Director
$0 $0 $0
ROBERT MILLER VICE PRESIDE 1.00
Officer Director
$0 $0 $0
DEACON GARY PATELSKI TRUSTEE 1.00
Director
$0 $0 $0
REV WILLIAM RUTKOWSKI LIAISON TO B 1.00
Director
$0 $0 $0
ROBERT SASIELA TREASURER 1.00
Officer Director
$0 $0 $0
BRIDGET STAFFILENO TRUSTEE 1.00
Director
$0 $0 $0
DEACON RICK WARNER TRUSTEE 1.00
Director
$0 $0 $0
ROBERT WARNER TRUSTEE 1.00
Director
$0 $0 $0
STEVE WILKOWSKI TRUSTEE 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $4,396,603 $2,153,006 $41,813,670 $2,243,597
2023 $3,491,042 $1,897,335 $38,508,340 $1,593,707
2022 $1,821,348 $2,482,121 $33,712,032 $-660,773
2021 $3,035,436 $2,526,864 $39,952,577 $508,572
2020 $3,943,833 $1,415,838 $36,759,430 $2,527,995
2019 $2,698,707 $1,431,778 $32,124,500 $1,266,929
2018 $2,250,066 $1,326,239 $27,260,209 $923,827
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