2025-01-22T13:02:41-06:00 2024-09-30 382157642 MANER COSTERISAN PC 2425 E GRAND RIVER SUITE 1 LANSING MI 489123291 990 2023-10-01 383445097 COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION OF MICHIGAN COMM 5174853588 1118 S WASHINGTON AVE LANSING MI 489101647 CHARLOTTE SMITH INTERIM EXECUTIVE DIRECTOR 5174853588 2025-01-17 1 1 MADALYN A HENRY CPA P01593548 5173237500 2025-01-18 2023 2024-10-15 13:58:12Z CHARLOTTE SMITH 1118 S WASHINGTON AVE LANSING MI 489101647 5164060 0 X WWW.CEDAMICHIGAN.ORG X 1998 MI COMMUNITY-BASED ECONOMIC DEVELOPMENT TO REVITALIZE & REBUILD MI COMMUNITIES & NEIGHBORHOODS. 15 15 69 100 0 0 2327405 3784988 912194 1311443 27718 65108 973 2521 3268290 5164060 343211 401350 0 0 2056236 3797018 0 0 0 790977 964136 3190424 5162504 77866 1556 3086019 4990698 1044568 2848972 2041451 2141726 X THE COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION OF MICHIGAN (CEDAM) SUPPORTS ITS DIVERSE MEMBERSHIP TO CREATE VIBRANT, SUSTAINABLE AND RESILIENT COMMUNITIES. WE ENHANCE LOCALLY-DRIVEN COMMUNITY ECONOMIC DEVELOPMENT EFFORTS THROUGH TRAINING AND RESOURCES, TECHNICAL ASSISTANCE, CAPACITY BUILDING AND POLICY ADVOCACY. 0 0 1752544 257034 THE TRAINING PROGRAM IS USED TO TRAIN APPROXIMATELY 1000 INDIVIDUALS FROM NON-PROFIT ORGANIZATIONS TO BUILD ORGANIZATIONAL CAPACITY; TRAINING TOPICS OFTEN INCLUDE INTENSIVE AFFORDABLE HOUSING DEVELOPMENT AND FINANCING, NEW ASSET-BUILDING STRATEGIES, AND OTHER COMMUNITY DEVELOPMENT-RELATED TOPICS.THE MICHIGAN EARNED IMPACT COALITION (MEIC) UNITES INDIVIDUALS, ORGANIZATIONS AND LOCAL INITIATIVES COMMITTED TO SUPPORTING TAX CREDIT AND ASSET BUILDING OPPORTUNITIES FOR MICHIGAN FAMILIES THROUGH IMPROVED ACCESS TO FREE, QUALITY, INCOME TAX PREPARATION ASSISTANCE; MICHIGAN COMMUNITIES FOR FINANCIAL EMPOWERMENT (MCFE)IS A NETWORK FOR LOCAL LEADERS WORKING TO INTEGRATE FINANCIAL EMPOWERMENT WITH CORE PUBLIC AND NONPROFIT SERVICES. MCFE MEMBERS HELP MICHIGAN RESIDENTS TO REACH FINANCIAL STABILITY THROUGH FINANCIAL EDUCATION AND COUNSELING, ACCESS TO AFFORDABLE FINANCIAL PRODUCTS AND SERVICES, OPPORTUNITIES TO SAVE AND BUILD WEALTH, AND CONSUMER PROTECTIONS. AS THE HOST ORGANIZATION FOR THE NETWORK, CEDAM PROVIDES MEMBERS TRAINING, TECHNICAL ASSISTANCE AND FUNDING TO DEVELOP AND EXPAND FINANCIAL EMPOWERMENT INITIATIVES IN THEIR COMMUNITIES. CEDAM ALSO LEADS CONSUMER PROTECTIONS ADVOCACY IN THE STATE TO PROTECT MICHIGAN RESIDENTS IN THE FINANCIAL MARKETPLACE. 814141 401350 CEDAM MANAGES THE COMMUNITY DEVELOPMENT FELLOWSHIP WITH SUPPORT FROM THE MICHIGAN ECONOMIC DEVELOPMENT CORPORATION (MEDC). FELLOWS ARE PLACED IN COMMUNITIES ENGAGED OR CERTIFIED IN REDEVELOPMENT READY COMMUNITIES (RRC) FOR FIFTEEN MONTHS AND WORK ON A VARIETY OF PROJECTS TO EXPAND ORGANIZATIONAL CAPACITY, INCREASE LOCAL COLLABORATION, AND REMOVE BARRIERS TO DEVELOPMENT. 1537551 1056930 80,000 AMERICANS USE AMERICORPS NATIONAL COMMUNITY SERVICE PROGRAMS TO GIVE BACK TO THEIR COMMUNITIES EVERY YEAR. DURING THEIR SERVICE, MEMBERS RECEIVE INVALUABLE PROFESSIONAL DEVELOPMENT IN THE NONPROFIT SECTOR, AN EDUCATION AWARD MATCHING THE PELL GRANT AND A LIVING ALLOWANCE.AMERICORPS PROGRAMS DO MORE THAN MOVE COMMUNITIES FORWARD; THEY SERVE THEIR MEMBERS BY CREATING JOBS AND PROVIDING PATHWAYS TO OPPORTUNITY FOR PEOPLE ENTERING THE NONPROFIT FIELD. AMERICORPS PLACES THOUSANDS OF AMERICANS INTO INTENSIVE SERVICE POSITIONS WHERE THEY LEARN VALUABLE WORK SKILLS, EARN MONEY FOR EDUCATION, AND DEVELOP AN APPRECIATION FOR CITIZENSHIP. 4104236 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 1 69 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MI X BEN DOWD 5174853588 1118 S WASHINGTON AVE LANSING MI 489101647 LUKE FORREST EXECUTIVE DIRECTOR 40.00 X 131724 0 39963 YOLANDA JACKSON DIRECTOR (ENDED 5/24) 1.00 X 0 0 0 BRION EDWARDS DIRECTOR (ENDED 5/24) 1.00 X 0 0 0 BARBARA SISTRUNK DIRECTOR (ENDED 5/24) 1.00 X 0 0 0 CJ FELTON DIRECTOR 1.00 X 0 0 0 LISA EVANS DIRECTOR 1.00 X 0 0 0 PENNY PAYEA DIRECTOR 1.00 X 0 0 0 DEAMO MURPHY DIRECTOR 1.00 X 0 0 0 DANA CHRISTIAN DIRECTOR 1.00 X 0 0 0 HOPE LOVELL DIRECTOR 1.00 X 0 0 0 JONATHAN STIMSON DIRECTOR 1.00 X 0 0 0 ZOSIA EPPENSTEINER DIRECTOR 1.00 X 0 0 0 BRAD MICHAUD DIRECTOR 1.00 X 0 0 0 BRYAN KIELER DIRECTOR (STARTED 6/24) 1.00 X 0 0 0 YELENA RAMAUTAR DIRECTOR (STARTED 6/24) 1.00 X 0 0 0 CATHERINE DISTELRATH DIRECTOR (STARTED 6/24) 1.00 X 0 0 0 LIBBY PALACKDHARRY SECRETARY 1.00 X X 0 0 0 ANGELA AARON-BENIFIELD TREASURER 1.00 X X 0 0 0 ESSENCE WILSON VP(ENDED 5/24)/PRESIDENT (STARTED 6/24) 1.00 X X 0 0 0 RAWLEY VAN FOSSEN PRESIDENT (ENDED 5/24) 1.00 X X 0 0 0 CHARLOTTE SMITH PAST PRESIDENT (ENDED 5/24) 1.00 X X 0 0 0 131724 0 39963 1 0 1 0 0 1431565 2353423 3784988 AMERICORP & VISTA REVE 900099 1056930 1056930 TRAINING REVENUE 900099 146950 146950 MEMBERSHIP DUES 900099 77563 77563 SERVICE FEES 900099 30000 30000 1311443 65108 65108 MISCELLANEOUS 900099 2521 2521 2521 5164060 1313964 0 65108 401350 401350 175107 134832 40275 3083239 2374094 709145 201327 155022 46305 79590 61284 18306 257755 198471 59284 21931 21931 18938 18938 154470 86898 67572 13700 13700 93664 82033 11631 39271 33753 5518 2287 1966 321 123408 98546 24862 TRAINING 215132 184905 30227 FELLOWS EXPENSES 159792 159792 STAFF AND BOARD EXPENSE 87281 69825 17456 MISCELLANEOUS 23796 20454 3342 10466 8373 2093 5162504 4104236 1058268 0 2106819 1801518 1371027 253462 26175 37467 25032 14721 12435 622127 1720847 88890 58696 3086019 4990698 125464 82795 830214 2707481 88890 58696 1044568 2848972 X 2041451 2141726 2041451 2141726 3086019 4990698 1556 98719 0 X 0 1 X 1 0 X 1649352 1671320 3148731 2327405 3784988 12581796 1649352 1671320 3148731 2327405 3784988 12581796 1070496 11511300 4156 1425 878 27718 65108 99285 7500 15000 12500 35000 1856 6538 973 2521 11888 12727969 3979191 0.90440 0.87010 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 1,856. 2021 AMOUNT: $ 6,538. 2022 AMOUNT: $ 973. 2023 AMOUNT: $ 2,521. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18938 18938 5143566 5162504 408125 102031 0 0 254494 321547 309521 408125 1293687 1940531 7578 14000 21920 18938 62436 63624 80387 77380 102031 323422 485133 22772 10337 12435 14695 14695 0 12435 OPERATING LEASE LIABILITY 58696 58696 X 5262779 98719 98719 5164060 0 5164060 5162504 0 5162504 0 5162504 PART X, LINE 2: IN THE PREPARATION OF TAX RETURNS, TAX POSITIONS ARE TAKEN BASED ON INTERPRETATION OF FEDERAL, STATE AND LOCAL INCOME TAX LAWS. MANAGEMENT PERIODICALLY REVIEWS AND EVALUATES THE STATUS OF UNCERTAIN TAX POSITIONS AND MAKES ESTIMATES OF AMOUNTS, INCLUDING INTEREST AND PENALTIES, ULTIMATELY DUE OR OWED. NO AMOUNTS HAVE BEEN IDENTIFIED, OR RECORDED, AS UNCERTAIN TAX POSITIONS. FEDERAL, STATE AND LOCAL TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION BY THE VARIOUS TAXING AUTHORITIES FOR A PERIOD OF THREE TO FOUR YEARS. 1 ACCOUNTING AID SOCIETY 3031 W GRAND BLVD SUITE 470 DETROIT MI 48202 237310753 501(C)(3) 199437 0 FREE TAX PREP EXPANSION GRANT AND DATA COLLECTION GRANT CHEBOYGAN VITA 520 N MAIN ST SUITE 470 CHEBOYGAN MI 49721 844730827 501(C)(3) 5815 0 7310 WOODWARD, SUITE 800 COMMUNITY ACTION AGENCY 1214 GREENWOOD AVE JACKSON MI 49203 381803599 501(C)(3) 11439 0 FREE TAX PREP EXPANSION GRANT COMMUNITY ACTION HOUSE 739 PAW PAW DR HOLLAND MI 49423 237120670 501(C)(3) 26776 0 FREE TAX PREP EXPANSION GRANT HEART OF WEST MICHIGAN UNITED WAY 118 COMMERCE AVENUE SW SUITE 100 GRAND RAPIDS MI 49503 381360923 501(C)(3) 19860 0 FREE TAX PREP EXPANSION GRANT MACOMB COUNTY VETERAN SERVICES 21885 DUNAHM ROAD STE 3 CLINTON TWP MI 48036 386004868 501(C)(3) 18123 0 FREE TAX PREP EXPANSION GRANT MID MICHIGAN COMMUNITY ACTION AGENCY 1574 E WASHINGTON ROAD FARWELL MI 48622 382056236 501(C)(3) 5886 0 FREE TAX PREP EXPANSION GRANT NORTHWEST MICHIGAN COMMUNITY ACTION AGENCY 3963 THREE MILE ROAD TRAVERSE CITY MI 49686 382027389 501(C)(3) 12443 0 FREE TAX PREP EXPANSION GRANT UNITED WAY OF LAPEER COUNTY 3333 JOHN CONLEY DR LAPEER MI 48446 383509445 501(C)(3) 11685 0 FREE TAX PREP EXPANSION GRANT UNITED WAY OF SOUTH CENTRAL MICHIGAN 330 MARSHALL ST SUITE 203 LANSING MI 48912 381359193 501(C)(3) 21749 0 FREE TAX PREP EXPANSION GRANT WAYNE METROPOLITAN COMMUNITY ACTION AGENCY 7310 WOODWARD SUITE 800 DETROIT MI 48202 381976979 501(C)(3) 68136 0 FREE TAX PREP ASSISTANCE GRANT 11 0 PART I, LINE 2: ALL GRANTS WHICH CEDAM RECEIVES WILL BE HANDLED WITHIN ACCORDANCE OF THE TERMS AND CONDITIONS OUTLINED IN THE GRANT AGREEMENT. FUNDS WILL ONLY BE USED FOR ALLOWABLE ACTIVITY AND DOCUMENTATION OF THE FUNDS SPENT WILL BE KEPT ON FILE IN ACCORDANCE TO THE REQUIREMENTS OF THE GRANT. ALL FUNDS WILL BE TRACKED THROUGH ACCOUNTING SOFTWARE, AS APPROPRIATE, TO PROVIDE REPORTING DATA. ANY FUNDS NOT USED FOR THE INTEDED PURPOSE WILL BE SUBJECT TO THE TERMS OF THE GRANT AGREEMENT. X X X X X 0 0 0 0 0 0 0 0 0 LUKE FORREST EXECUTIVE DIRECTOR 131724 0 0 0 0 0 11251 0 28712 0 171687 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION IS ORGANIZED ON A NON-STOCK BASIS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERSHIP ELECTS THE GOVERNING BOARD TO STAGGERED TERMS EVERY YEAR, ACCORDING TO THE BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE 990 AFTER IT IS PREPARED AND RECOMMENDS APPROVAL TO THE BOARD. THE BOARD THEN ACTS TO APPROVE THE 990, AS PREPARED, BEFORE IT IS OFFICIALLY FILED. THIS USUALLY TAKES PLACE AT THE FEBRUARY BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE ANNUALLY REQUIRED TO COMPLETE AND SIGN THE CONFLICT OF INTEREST STATEMENT. ANY NEW POTENTIAL CONFLICTS OF INTEREST ARE DISCUSSED AT BOARD MEETINGS ON A REGULAR BASIS. FORM 990, PART VI, SECTION B, LINE 15 CEDAM'S EXECUTIVE COMMITTEE (MADE UP OF ITS OFFICERS) HANDLES REVIEW OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE COMMITTEE USES A COMBINATION OF METHODS FOR EVALUATING THE EXECUTIVE DIRECTOR'S PERFORMANCE, INCLUDING REVIEW OF THE EXECUTIVE DIRECTOR'S PAST WORK, SURVEYING OTHER BOARD MEMEBERS FOR THEIR EVALUATION ON PERFORMANCE, AND CONSULTING SALARY GUIDES AND SALARY LEVELS OF EXECUTIVES IN SIMILAR POSITIONS/ORGANIZATIONS. THE EXECUTIVE COMMITTEE PROVIDES A WRITTEN SUMMARY OF THEIR ACTIONS AND RECOMMENDED ACTIONS TO THE BOARD FOR APPROVAL. DOCUMENTATION OF THE PROCESS IS STORED WITH CEDAM'S PERSONNEL RECORDS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.