2024-11-11T11:03:12-05:00 2023-09-30 833184451 MIDWEST TAX & ACCOUNTING LLC 1001 SHIELDS STREET LANSE MI 49946 990 2022-10-01 364616294 LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION LAKE 1 N FRONT STREET Lanse MI 49946 ROBERT CURTIS CHAIRMAN 9065245445 2024-09-07 false Ryan Perrigo P02003622 9062010669 2024-11-11 X 2022 2024-10-15 13:58:12Z ROBERT CURTIS 719 MIGIZI MIIKANA Baraga MI 49908 1203052 false X lakesuperiorcdc.com X 2008 MI COMMUNITY DEVELOPMENT ACTIVITIES IMPROVING THE SOCIAL AND ECONOMIC CONDITIONS OF ECONOMICALLY DISADVANTAGED PERSONS AND RESIDENTS OF DISTRESSED COMMUNITIES. ACTIVITIES INCLUDE THE PROVISION OF FINANCIAL PRODUCTS, DEVELOPMENT SERVICES, AND/OR FINANCIAL PROGRAMS. 6 6 5 0 0 438691 942256 238843 257656 281 3140 0 677815 1203052 157 0 0 210496 235101 0 0 91000 97610 301653 332711 376162 870341 3296986 4798199 1092556 1728428 2204430 3069771 COMMUNITY DEVELOPMENT ACTIVITIES IMPROVING THE SOCIAL AND ECONOMIC CONDITIONS OF ECONOMICALLY DISADVANTAGED PERSONS AND RESIDENTS OF DISTRESSED COMMUNITIES. ACTIVITIES INCLUDE THE PROVISION OF FINANCIAL PRODUCTS, DEVELOPMENT SERVICES, AND/OR FINANCIAL PROGRAMS. false false 298466 332711 83434 THE ORGANIZATIONS LOW-INTERST REVOLVING LOAN FUND PROGRAM ORIGINATED 38 LOANS TO COMMUNITY MEMBERS AND SERVICED 164 COMMUNITY MEMBER LOANS. THE LOANS ENABLED COMMUNITY MEMBERS TO REPAIR THEIR HOMES, TO START OR EXPAND LOCAL SMALL BUSINESSES, TO BUILD AND REPAIR THEIR CREDIT AND TO PURCHASE HOMES. THE ORGANIZATION BROKERED 12 HOME LOANS AND 27 OTHERS. THE ORGANIZATIONS FINANCIAL AND ASSET TRAINING AND TECHNICAL ASSISTANCE PROGRAMS ASSISTED 651 COMMUNITY MEMBERS AND OTHER ORGANIZATIONS NATIONWIDE IN THE TOPIC AREAS OF BUDGETING, BANKING, CREDIT, INSURANCE, HOME PURCHASES, BUSINESS PLANS AND TECHNICAL ASSISTANCE WITH ACCOUNTING AND TAX SERVICES. 298466 true false false false false false false false true false false false false false false false true false false false false false false false false false false false false true false false false false false true true false false false false false false false false false false true 34 0 false 5 true false false false false false false false false false false false false false false false false false X 6 6 false false false false false false false true true false false true true false false false false true true false MI X EDWARD EDWARDS 9065245445 17403 VUK RD Lanse MI 49946 SALLY SNYDER ACCOUNTANT 40.00 0.00 X 133723 0 0 EDWARD EDWARDS EXECUTIVE DIRECTOR 40.00 0.00 X 97005 0 0 KRISTEN WAKEHAM GRANT COORDINATOR 25.00 0.00 X 27034 0 0 SAM LOONSFOOT PROGRAMS COORDINATOR 11.00 0.00 X 5230 0 0 NICOLE GAUTHIER CLERK 10.00 0.00 X 4445 0 0 ROBERT CURTIS CHAIRMAN 1.00 0.00 X X 450 0 0 GRETCHEN EMERY DIRECTOR 1.00 0.00 X X 450 0 0 KEVIN PERRAULT DIRECTOR 1.00 0.00 X X 450 0 0 SARAH SMITH DIRECTOR 1.00 0.00 X 200 0 0 KEITH ROLOF DIRECTOR 1.00 0.00 X 150 0 0 LILY MARCOTTE DIRECTOR 1.00 0.00 X 50 0 0 269187 0 0 1 true false false 942256 942256 TECH ASSIST-ACCOUNTING 541200 83434 83434 INTEREST ON LOANS 522299 147409 147409 LOAN ORIGINATION FEES 522299 26813 26813 257656 3140 3140 1203052 260796 0 0 203952 198647 5305 10000 10000 21149 20453 696 1942 1942 120 120 4100 4100 475 475 2108 1916 192 18232 17084 1148 6000 6000 10666 10666 30381 30381 5359 5359 FEES 9189 9014 175 UTILITIES 3346 3346 NMLS DUES 750 750 BANK CHARGES 1678 1417 261 3264 3054 210 332711 298466 34245 0 1564 5388 310420 623787 2421 15601 31496 2943049 4104259 731 1069 22500 32200 700 3296986 4798199 94859 51076 56751 56599 2582 536100 938364 1084653 1092556 1728428 X 191986 3069771 2012444 2204430 3069771 3296986 4798199 870341 -5000 0 X X true X true X true false X 74213 209743 931290 438690 938256 2592192 74213 209743 931290 438690 938256 2592192 2592192 271831 216532 226368 239125 260796 1214652 3806844 0.68090 0.58510 X true 9336 48729 36400 21665 false FHLB OF INDIANAPOLIS STOCK SHARES 31500 C SECURITY DEPOSIT 700 C 32200 1203052 1203052 1203052 332711 332711 332711 X false false false false false false false false false NICOLE GAUTHIER CLERK 4445 4445 SALLY SNYDER ACCOUNTANT 133723 133723 EDWARD EDWARDS EXECUTIVE DIRECTOR 126100 HOME MORTGAGE LOAN false EDWARD EDWARDS EXECUTIVE DIRECTOR 10000 CCC PROGRAM LOAN false SAM LOONSFOOT PROGRAM COORDINATOR 2400 CCC PROGRAM LOAN false MARK EDWARDS BROTHER TO EXECUTIVE DIRECTOR 59620 HOME MORTGAGE LOAN false Governing body decisions Part VI line 7b MINUTES ARE KEPT OF THE BOARD OF DIRECTORS MEETINGS. Form 990 governing body review Part VI line 11 THE BOARD OF DIRECTORS ARE PROVIDED A COPY OF THE FEDERAL FORM 990 AND APPROVAL IS REQUIRED PRIOR TO SUBMITTAL. CEO executive director top management comp Part VI line 15a THE BOARD OF DIRECTORS ESTABLISH THE EXECUTIVE DIRECTORS AND KEY EMPLOYEE SALARIES WHEN HIRED. THE BOARD OF DIRECTORS APPROVE BUDGETS WITH ANNUAL RAISES INCLUDED. THE BOARD OF DIRECTORS MAY MODIFY SALARIES IF NECESSARY. Other officer or key employee compensation Part VI line 15b THE BOARD OF DIRECTORS ESTABLISH SALARIES FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES. THE BOARD OF DIRECTORS REVIEW BUDGETS ANNUALLY AND ESTABLISH SALARIES INCREASES IN THE BUDGETS. THE BOARD OF DIRECTORS MAY ADJUST SALARIES AS NECESSARY THROUGHOUT THE YEAR. Governing documents etc available to public Part VI line 19 FINANCIAL STATMENTS ARE MADE AVAILABLE AND PROVIDED TO THE PUBLIC UPON REQUEST. Audited by an independent accountant Part XII line 2b FINANCIALS ARE AUDITED ON AN ANNUAL BASIS BY AN INDEPEDENT ACCOUNTING FIRM.