Nonprofits›Albion Reinvestment Corporation

Community Improvement & Capacity Building

Albion Reinvestment Corporation

SAGINAW, MI

Website

Total revenue

$54K

Total expenses

$119K

Net assets

$802K

Grants received

$85K

4 grants

EIN

810880143

Tax year

2024

Mission

To combat community deterioration in the downtown business district of the city of albion, michigan and surrounding areas by using all effective means.

Programs

1 program

Albion big plan - the goal is to build an economy of the future through the revitalization of the downtown community. The plan will redevelop nine properties to create 20 residential units and more than 10,000 square feet of commercial space. This project will transform downtown encouraging the investment of new residents and small businesses.

Expenses: $5K

Financials

FY 2024

Revenue

Contributions & grants$19K
Program service revenue$37K
Investment income—
Other revenue—
Total revenue$54K

Expenses

Grants paid—
Salaries & benefits—
Fundraising—
Other expenses$119K
Total expenses$119K
Total assets$2.1M
Net assets$802K

People

5 listed

NameRoleCompensation

PASTOR ALBERT AMOS

DIRECTOR

Board

—

1 hrs/wk

MAE OLA DUNKLIN

DIRECTOR

Board

—

1 hrs/wk

JEFFREY A OTT

SECRETARY -

Board

—

1 hrs/wk

JEFFREY PETHERICK

TREASURER-DI

Board

—

1 hrs/wk

SAMUEL SHAHEEN

PRESIDENT

Board

—

2 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
DRSAMUEL SHAHEEN FAMILY FOUNDATION
$25K
CONTRIBUTION
2023
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$10K
For grant recipient's exempt purposes
2023
DRSAMUEL SHAHEEN FAMILY FOUNDATION
$25K
CONTRIBUTION
2020
DRSAMUEL SHAHEEN FAMILY FOUNDATION
$25K
CONTRIBUTION
2018

Funded by

$85K from 2 funders · 4 grants · 2018–2023

Drsamuel Shaheen Family Foundation

$75K · 3 grants · 2018–2023

Details

EIN810880143
NTEE codeS30
Subsection03
Ruling date2016-04
Formed2015
Employees0
Volunteers3
ALBION REINVESTMENT CORPORATION — Mission, Financials & Grants Received | Grantivo