NonprofitsNorthern Shores Loan Fund Inc

Community Improvement & Capacity Building

Northern Shores Loan Fund Inc

PETOSKEY, MI

Total revenue

$903K

Total expenses

$546K

Net assets

$1.6M

Grants received

EIN

371548658

Tax year

2024

Mission

To assist primarily american indian communities and other underserved michigan residents with training, business incubation and access to capital.

Financials

FY 2024

Revenue

Contributions & grants$835K
Program service revenue$33K
Investment income$32K
Other revenue$3K
Total revenue$903K

Expenses

Grants paid$44K
Salaries & benefits$213K
Fundraising
Other expenses$290K
Total expenses$546K
Total assets$1.7M
Net assets$1.6M

People

13 listed

NameRoleCompensation

SHANNA SHANANAQUET

EXECUTIVE DIRECTOR

Board

$78K

40 hrs/wk

AMY HINMON

TRUSTEE

Board

1 hrs/wk

DANIEL SHARP

TRUSTEE

Board

1 hrs/wk

KATIE VANRIPER

TRUSTEE (START 4/24, END 6/24)

Board

1 hrs/wk

PATRICK SCHMIDT

TREASURER (ENDED 4/24)

Board

1 hrs/wk

LORIEL GRIGBSY

TREASURER (BEGAN 4/24)

Board

1 hrs/wk

BARRY BOTT

TRUSTEE

Board

1 hrs/wk

GREGORY SHANANAQUET

SECRETARY (BEGAN 4/24)

Board

1 hrs/wk

PATRICIA DYER-DECKROW

VICE-CHAIR (ENDED 4/24)

Board

1 hrs/wk

ANDREW ETTAWAGESHIK

VICE-CHAIR (BEGAN 4/24)

Board

1 hrs/wk

LAURA BLUMBERG

CHAIR (ENDED 4/24)

Board

1 hrs/wk

ROBERT ELLERMAN

TRUSTEE/CHAIR (BEGAN 4/24)

Board

1 hrs/wk

STEVEN SOCHAY

SECRETARY (ENDED 4/24)

Board

1 hrs/wk

Details

EIN371548658
NTEE codeS43
Subsection03
Ruling date2008-09
Formed2007
Employees5
Volunteers12
NORTHERN SHORES LOAN FUND INC — Mission, Financials & Grants Received | Grantivo