NonprofitsTraverse City Center Of Entrepreneurship

Traverse City Center Of Entrepreneurship

TRAVERSE CITY, MI

Total revenue

$2.2M

Total expenses

$1.9M

Net assets

$320K

Grants received

$591K

15 grants

EIN

824116553

Tax year

2024

Mission

Our mission is to accelerate the growth of tech startups, entrepreneurs, and scalable businesses in NW Lower Michigan.

Financials

FY 2024

Revenue

Contributions & grants$1.5M
Program service revenue$592K
Investment income$54K
Other revenue
Total revenue$2.2M

Expenses

Grants paid$205K
Salaries & benefits$1.2M
Fundraising
Other expenses$539K
Total expenses$1.9M
Total assets$2.4M
Net assets$320K

People

8 listed

NameRoleCompensation

SHILOH SLOMSKY

CFO AND TRIBAL LIAISON

Board

$100K

40 hrs/wk

ERIC ROBERTS

ED(THRU9/24) BD MEM(EFF 10/24)

Board

$73K

40 hrs/wk

CRAIG WESLEY

EXEC. DIRECTOR (EFF. 10/2024)

Board

$26K

40 hrs/wk

LOWELL GRUMEN

CHAIR

Board

1 hrs/wk

JANIE MCNABB

VICE CHAIR

Board

1 hrs/wk

GREG LUYT

SECRETARY

Board

1 hrs/wk

REBECCA TEAHEN

TREASURER

Board

1 hrs/wk

ASHLEY SLOAT

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 15 of 15

FromAmountPurposeYear
$25K
For grant recipient's exempt purposes
2023
$6K
CHARITABLE DONATION
2023
$6K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$30K
For grant recipient's exempt purposes
2022
$91K
For grant recipient's exempt purposes
2021
$91K
For grant recipient's exempt purposes
2021
$42K
funds for a health innovation leader salary who will be tasked with creating a health innovation ecosystem in Traverse City, Michigan, for three years beginning October 2019 and ending September 2022
2021
$83K
For grant recipient's exempt purposes
2020
$42K
Health Innovation Leader Fund
2020
$42K
For grant recipient's exempt purposes
2019
$42K
health innovation leader fund
2019
$24K
SUPPORTING HEALTH SPARK PROGRAM
2019
$50K
For grant recipient's exempt purposes
2018

Funded by

$591K from 6 funders · 15 grants · 2018–2023

Fidelity Investments Charitable Gift Fund

$412K · 7 grants · 2018–2023

Jim and Diana Huckle Family Foundation

$125K · 3 grants · 2019–2021

Grand Traverse Regional Community

$24K · 1 grant · 2019

Rotary Charities Of Traverse City

$20K · 2 grants · 2018–2022

Charities Aid Foundation America

$6K · 1 grant · 2023

Details

EIN824116553
Subsection03
Ruling date2018-10
Formed2018
Employees17
Volunteers12
TRAVERSE CITY CENTER OF ENTREPRENEURSHIP — Mission, Financials & Grants Received | Grantivo