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  4. Southwest Michigan First Corporation No 2
EIN 38-3437867

Southwest Michigan First Corporation No 2

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Kalamazoo
State
Michigan
Year formed
1998
Most recent tax filings
2023-12-01
NTEE code, primary
S30: Economic Development
Description
To hold title to property and collect income therefrom for the benefit of the organization's overall mission to serve on a nonprofit basis as a country wide economic development organization focused on the incubation of high technology and life science business enterprises.
Related structure
Southwest Michigan First Corporation No 2 is a subordinate organization under Southwest Michigan First Corporation.
Also known as...
Southwest Michigan Innovation Center
Total revenues
n/a
Total expenses
n/a
Total assets
n/a
Num. employees
n/a

Program areas at Southwest Michigan First Corporation No 2

Held title to property and collected income therefrom for the benefit of the organization's overall mission of providing administrative and business support services to nurture the development of high technology and life science business enterprises in Southwest Michigan.
Held title to property and collected income therefrom for the benefit of the organization's overall mission of providing administrative and business support services to nurture the development of high technology and life science business enterprises in Southwest Michigan.

Who funds Southwest Michigan First Corporation No 2

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Irving S Gilmore FoundationOperations$350,000
W.K. Kellogg Foundation (WKKF)Increase Economic Prosperity in Southwest Michigan, With A Focus on Calhoun County, By Implementing A Multi-Year Action Plan Focused on Economic Development, Workforce Development and Community Development$150,000
The Mercantile Bank FoundationGeneral Support$10,000
...and 3 more grants received

Personnel at Southwest Michigan First Corporation No 2

NameTitleCompensation
Ronald KitchensChief Executive Officer$0
Robert H DewitPresident and Chief Executive Officer$222,385

Financials for Southwest Michigan First Corporation No 2

RevenuesFYE 12/2016
Total grants, contributions, etc.$619,695
Program services$12,010
Investment income and dividends$468
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-9,987,546
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$-9,355,373

Form 990s for Southwest Michigan First Corporation No 2

Fiscal year endingDate received by IRSFormPDF link
2023n/a990-N (e-Postcard)
2016-122017-08-03990View PDF
2015-122016-12-13990View PDF
2014-122016-01-12990View PDF
2013-122014-11-25990View PDF
...and 4 more Form 990s

Organizations like Southwest Michigan First Corporation No 2

OrganizationLocationRevenue
Community Economic Development Corporation of OhioColumbus, OH
Hayes County Economic Development CorporationHayes Center, NE
C E O Council FoundationPeoria, IL$327,805
NDC Housing and Economic Development Corporation - Group ReturnNew York, NY$115,628,960
Kit Carson Rural DevelopmentKit Carson, CO$910,929
Opportunity Clark CountyVancouver, WA$4,380
Appalachian Development AllianceLondon, KY$8,020
St Stephens Economic Development Corporation (SSEDC)Baltimore, MD$13,620
Clarksville Economic Development AssociationClarksville, VA$110,325
Arsenal PlaceSelma, AL$114,980
Data update history
July 10, 2024
Received grants
Identified 1 new grant, including a grant for $6,000 from Comerica Charitable Foundation
April 22, 2024
Posted financials
Added Form 990N for fiscal year 2023
June 27, 2023
Received grants
Identified 1 new grant, including a grant for $2,500 from Comerica Charitable Foundation
May 17, 2023
Received grants
Identified 3 new grant, including a grant for $50,000 from Consumers Energy Foundation
April 1, 2023
Posted financials
Added Form 990N for fiscal year 2022
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Human servicesCommunity improvementEconomic development
Characteristics
Partially liquidatedState / local levelTax deductible donationse-Postcard filer
General information
Address
Box 50827
Kalamazoo, MI 49005
Metro area
Kalamazoo-Portage, MI
County
Kalamazoo County, MI
Phone
(269) 553-9588
IRS details
EIN
38-3437867
Fiscal year end
December
Taxreturn type
Form 990-N / Postcard
Year formed
1998
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
Subordinate organization
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