2023-05-12T11:37:39-05:00 2022-12-31 382445537 VANDER PLOEG BERGAKKER & ASSOCIATES 4145 EMBASSY DRIVE SE GRAND RAPIDS MI 49546 990 2022-01-01 204696543 LOCAL FIRST EDUCATIONAL FOUNDATION LOCA 6168083788 111 SOUTH DIVISION AVE GRAND RAPIDS MI 49503 HANNA SCHULZE EXECUTIVE DIRECTOR 6168083788 2023-05-10 1 HANNA SCHULZE 999009999 0 STEVE JOHNSON P01227744 6169570691 2023-05-03 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z HANNA SCHULZE 111 SOUTH DIVISION AVE GRAND RAPIDS MI 49503 402136 0 X WWW.LOCALFIRST.COM X 2006 MI TO PROVIDE BUSINESS EDUCATION TO LOCAL BUSINESSES 6 6 0 10 0 0 185180 389595 37850 12541 0 0 1518 -12998 224548 389138 0 0 0 0 0 0 0 0 77320 298028 397308 298028 397308 -73480 -8170 221915 214465 2120 2840 219795 211625 WE LEAD THE DEVELOPMENT OF AN ECONOMY GROUNDED IN LOCAL OWNERSHIP THAT MEETS THE BASIC NEEDS OF PEOPLE, BUILDS LOCAL WEALTH AND SOCIAL CAPITAL, FUNCTIONS IN HARMONY WITH OUR ECOSYSTEM, AND ENCOURAGES JOYFUL COMMUNITY. 0 0 3016 LOCAL FIRST EDUCATION FOUNDATION WORKS WITH LOCAL BUSINESS TO HELP EDUCATE AND IMPLEMENT SUSTAINABLE BUSINESS PRACTICES AND HOW THESE PRACTICE BUILD THE COMPONENTS OF A MORE SUSTAINABLE ECONOMY. 206815 12541 LOCAL FIRST EDUCATION FOUNDATION CONDUCTS COMMUNITY EDUCATION EVENTS, INCLUDING OUR GOOD FOR MICHIGAN PROGRAM, TO EDUCATE BUSINESS ON HOW TO IMPROVE THEIR, SOCIAL, ENVIRONMENTAL AND EMPLOYEE IMPACT, AND WE FACILITATE CONVERSATIONS ABOUT LOCAL OWNERSHIP AND LOCAL INVESTMENT BUILDS A MORE RESILIENT ECONOMY 209831 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 MI X HANNA SCHULZE 6168083788 111 SOUTH DIVISION AVE GRAND RAPIDS MI 49503 X DORIS DRAIN BOARD CHAIR 1.00 X X 0 0 0 CJ SCHNEIDER SECRETARY 1.00 X X 0 0 0 GARY GLASS BOARD MEMBER 1.00 X 0 0 0 JASON WHEELER TREASURER 1.00 X X 0 0 0 KYAMA KITAVI BOARD MEMBER 1.00 X 0 0 0 MILINDA YSASI BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 21500 368095 389595 SUSTAINABLE BIZ EDUCAT 561499 12541 12541 12541 0 21500 12998 -12998 -12998 389138 12541 0 -12998 278892 152024 63434 63434 12449 12449 24172 14171 10001 5662 2831 2831 683 683 17634 17634 2169 2169 MARKETING & DESIGN 26184 26184 EDUCATIONAL PROGRAMS 19489 8700 10789 TELEPHONE 4770 3180 1590 DUES AND SUBSCRIPTIONS 4000 4000 1204 889 49 266 397308 209831 110157 77320 58155 20831 5500 2000 81836 41549 26422 40287 131838 151347 221915 214465 2120 2840 2120 2840 X 0 0 0 0 219795 211625 219795 211625 221915 214465 -8170 0 X 0 0 0 X 206275 396860 374923 186892 391381 1556331 46865 132910 46722 37850 10750 275097 253140 529770 421645 224742 402131 1831428 0 0 0 1831428 10 10 10 10 253150 529770 421645 224742 402131 1831438 1.00000 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 81836 41549 40287 40287 RECEIVABLE FROM LOCAL FIRST OF WEST MICHIGAN 151347 151347 PFE EVENTS 20500 20500 12998 1 1000 1000 21500 21500 12998 12998 -12998 FORM 990, PART VI, SECTION B, LINE 11B THE FORM IS PREPARED BY OUR ACCOUNTANT AND REVIEWED BY OUR TREASURER AND PRESIDENT. FORM 990, PART VI, SECTION B, LINE 12C TO ENSURE THAT THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT PURPOSES AND THAT IT DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS STATUS AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX, PERIODIC REVIEW SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIUMUM, INCLUDE THE FOLLOWING SUBJECTS: A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS, IF ANY, ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND ARE THE RESULTS OF ARM'S-LENGTH BARGAINING. B. WHETHER PARTNERSHIP AND JOINT VENTURE ARRANGEMENTS AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE PAYMENTS FOR GOODS AND SERVICES, FURTHER THE ORGANIZATION'S TAX-EXEMPT PURPOSES AND DO NOT RESULT IN INUREMENT, AN IMPERMISSIBLE PRIVATE BENEFIT, OR AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS THE SALARY OF THE PRESIDENT PERIODICALLY TO DETERMINE A LEVEL OF COMPENSATION THAT IS REASONABLE CONSIDERING THE SKILLS OFFERED COMPARED WITH OTHERS HAVING A SIMILAR SKILL SETS AND THE FURTHERANCE OF THE ORGANIZATION'S MISSION. THE PRESDIENT IS A W2 EMPLOYEE OF LOCAL FIRST OF WEST MICHIGAN. LOCAL FIRST EDUCATIONAL FOUNDATION CONTRACTS WITH LOCAL FIRST OF WEST MICHIGAN FOR SUPPORT. FORM 990, PART VI, SECTION C, LINE 18 THE 990 IS AVAILABLE UPON WRITTEN REQUEST TO THE BUSINESS OFFICE FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST TO THE BUSINESS OFFICE.