Program areas at Northern Great Lakes Initiatives
Finance services: provided affordable access to capital to rural and undeserved markets from its revolving loan fund and associated grants.
Business development services: provided consulting, training, and technical assistance to businesses for process improvements, systems development, market research services, e-commerce services, accounting, and marketing assistance.
Who funds Northern Great Lakes Initiatives
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| W.K. Kellogg Foundation (WKKF) | 2022-08 | Create A Strong Entrepreneurial Support System for Battle Creek-Based Entrepreneurs By Hosting A Minimum of Three Small Business and Entrepreneurial Training Programs Per Year and Providing On-Demand Business Consulting | $600,000 |
| Opportunity Finance Network (OFN) | 2022-12 | Ofn Cdfi Tech Grant Program Supported By Google.org | $500,000 |
| W.K. Kellogg Foundation (WKKF) | 2022-08 | Support Black, Indigenous, People of Color Entrepreneurs Across Michigan With Technical Support, Loans and Resources Necessary To Open A Business | $250,000 |
| ...and 3 more grants received |
Personnel at Northern Great Lakes Initiatives
| Name | Title | Compensation | Date of data |
|---|
| Elissa Sangalli | President and Chief Executive Officer | $154,983 | 2023-11-15 |
| Amanda Blondeau | Chief Strategy Officer | $109,225 | 2023-08-05 |
| Chuck Hurst | Vice President , Commercial Lending | | 2023-08-05 |
| Michael Oman | It Manager | | 2023-08-05 |
| Jessa Armstrong | Initiate Associate Product Manager | | 2023-08-05 |
| ...and 9 more key personnel |
Financials for Northern Great Lakes Initiatives
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $5,863,300 | $3,005,441 | 95.1% |
| Program services | $2,163,603 | $2,252,453 | -3.9% |
| Investment income and dividends | $28,881 | $15,382 | 87.8% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-342 | $-10,903 | 96.9% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $8,055,442 | $5,262,373 | 53.1% |
Organizations like Northern Great Lakes Initiatives
| Organization | Type | Location | Revenue |
|---|
| Connecticut Center for Advanced Technology (CCAT) | 501(c)(3) | East Hartford, CT | $10,021,083 |
| Greater MSP | 501(c)(3) | Saint Paul, MN | $6,796,435 |
| Lehigh Valley Economic Development Corporation (LVEDC) | 501(c)(3) | Bethlehem, PA | $3,199,006 |
| Invest Detroit | 501(c)(3) | Detroit, MI | $24,220,233 |
| Greater Phoenix Economic Council | 501(c)(3) | Phoenix, AZ | $9,013,171 |
| Greenpoint Manufacturing and Design Center (GMDC) | 501(c)(3) | Brooklyn, NY | $5,077,800 |
| Queens Economic Development Corporation | 501(c)(3) | Kew Gardens, NY | $2,596,167 |
| Cumberland Economic Development Cor | 501(c)(3) | Cumberland, MD | $2,871,616 |
| Los Angeles County Economic Development Corporation (LAEDC) | 501(c)(3) | Los Angeles, CA | $9,374,870 |
| Economic Resources Corporation (ERC) | 501(c)(3) | Lynwood, CA | $7,644,583 |
Data update history
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Used new vendors
Identified 3 new vendors, including , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 6, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesCommunity improvementEconomic development
Characteristics
Political advocacyLobbyingReceives government fundingTax deductible donations
General information
- Address
- 101 W Washington St Ste 9
- Marquette, MI 49855
- Website URL
- northerninitiatives.org/Â
- Phone
- (906) 228-5571
IRS details
- EIN
- 47-3130767
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2014
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S30: Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Central organization
Free account sign-up
Want updates when Northern Great Lakes Initiatives has new information, or want to find more organizations like Northern Great Lakes Initiatives?
Create free Cause IQ account