Great Lakes Bay Foundation

Great Lakes Bay Foundation

Freeland, MI 48623
Tax ID20-8146148

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About this organization

Revenue

$754,381

Expenses

$602,582

Mission

The mission of the Great Lakes Bay Foundation is to encourage, support and celebrate regional collaboration and initiatives that will improve the economic vitality and quality of life in the Great Lakes Bay Region.

About

STEM impact initiative - The Great Lakes Bay Region has an opportunity to be a national leader in developing a pipeline of talent in science, technology, engineering, and math that drives regional prosperity. This STEM talent can propel existing businesses as well as attract new organizations that need people with STEM skills. The key to that leadership is enlightened cooperation between employers and the many people who are dedicated to training the workforce of tomorrow. Such region-wide, cross-functional cooperation is virtually unheard of around the country, giving the Great Lakes Bay Region the ability to take the lead in this game changing area. A roadmap for achieving STEM leadership has been provided by the Great Lakes Bay Region STEM impact initiative. After extensive research and expert analysis, the initiative identified specific steps that will result in a robust STEM talent pipeline.

Interesting data from their 2020 990 filing

The non-profit's mission, as described in the filing, is “The mission of the great lakes bay foundation is to encourage, support and celebrate regional collaboration and initiatives that will improve the economic vitality and quality of life in the great lakes bay region.”.

When describing its duties, they were characterized as: “The mission of the great lakes bay foundation is to encourage, support and celebrate regional collaboration and initiatives that will improve the economic vitality and quality of life in the great lakes bay region.”.

  • The non-profit has complied with legal regulations by reporting their state of operation as MI.
  • The filing shows that the non-profit's address as of 2020 is 117 SOUTH MAIN STREET STE 3, FREELAND, MI, 48623.
  • As of 2020, the non-profit has reported a total of 0 employees on their form.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $151,799.
  • The compensation of the CEO of the organization is subject to review and approval by an independent body.
  • The organization has 45 independent voting members.
  • The organization was formed in 2007.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $213,663 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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