EIN 45-4842669

Schaap Center

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2012
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Urban Renewal Initiative Foundation aims to enhance culture by developing performing arts centers and establishing cultural facilities while removing blight. In 2022, the foundation has been raising funds and incurring expenses towards the development of property into a performing arts center.
Also known as...
Urban Renewal Initiative Foundation
Total revenues
$10,531,514
2023
Total expenses
$542,353
2023
Total assets
$28,058,103
2023
Num. employees
0
2023

Program areas at Schaap Center

Art Center development costs: during 2023, funds continue to be raised and expenses have been incurred related to the development of property into a performing arts Center.

Who funds Schaap Center

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Community Foundation for Southeast MichiganPhilanthropy, Voluntarism & Grantmaking Foundations$1,350,000
Wayne and Joan Webber FoundationArt Center and Gallery$500,000
Milner Hotels FoundationCenter for Performing Arts$250,000

Personnel at Schaap Center

NameTitleCompensation
A Paul SchaapPresident$0
Paul LavinsSecretary - Director$0
Dale KrajniakTreasurer - Director$0
Kathy WillmerBoard Member$0

Financials for Schaap Center

RevenuesFYE 12/2023
Total grants, contributions, etc.$4,986,124
Program services$0
Investment income and dividends$211,316
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$5,334,074
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$10,531,514

Form 990s for Schaap Center

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-13990View PDF
2021-122022-11-10990View PDF
2020-122021-11-10990View PDF
2019-122021-02-17990View PDF
...and 7 more Form 990s
Data update history
January 4, 2025
Received grants
Identified 2 new grant, including a grant for $1,350,000 from Community Foundation for Southeast Michigan
August 25, 2024
Received grants
Identified 2 new grant, including a grant for $250,000 from Milner Hotels Foundation
December 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 7, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsReal estate organizationsCharities
Issues
Arts, cultural, and humanities
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
26622 Woodward Ave 225
Royal Oak, MI 48067
Metro area
Detroit-Warren-Dearborn, MI
County
Oakland County, MI
Phone
(248) 837-1397
IRS details
EIN
45-4842669
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
5313: Real Estate Services
Parent/child status
Independent
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