MSUFCU DESK DRAWER FOUNDATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MSUFCU DESK DRAWER FOUNDATION (EIN 83-3598690)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-15
IRS object ID
202501359349302075
Schema version
2024v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-15T09:55:38-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN331498605PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PLANTE & MORAN PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1750 TRADE CENTRE WAY STE 300AddressLine1Txt
CityPORTAGECityNm
State AbbreviationMIStateAbbreviationCd
ZIP49002ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN833598690EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DESK DRAWER FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlDESKBusinessNameControlTxt
Phone5173332299PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13777 WEST RDAddressLine1Txt
CityEAST LANSINGCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48823ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonREBECCA SURIANPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone5173332299PhoneNum
Signature2025-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOSHUA NITZ CPAPreparerPersonNm
PTINP01946955PTIN
Phone2695674500PhoneNum
Preparation2025-05-09PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1MSUFCU DESK DRAWER FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerREBECCA SURIANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13777 WEST RDAddressLine1Txt
CityEAST LANSINGCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48823ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$769,651GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://WWW.DESKDRAWERFUND.ORG/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2018FormationYr
Legal Domicile StateMILegalDomicileStateCd
Activity Or MissionOUR MISSION IS TO PARTNER WITH DONORS TO EMPOWER TRANSFORMATIONAL CHANGE TO MAKE A SUSTAINABLE DIFFERENCE IN OUR COMMUNITIES.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers7TotalVolunteersCnt
Total Gross UBI$83,254TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$46,513NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,151,811PYContributionsGrantsAmt
CY Contributions Grants$693,257CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue-$111,976CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$49,736PYOtherRevenueAmt
CY Other Revenue$98,886CYOtherRevenueAmt
PY Total Revenue$3,201,547PYTotalRevenueAmt
CY Total Revenue$680,167CYTotalRevenueAmt
PY Grants And Similar Paid$605,213PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$803,316CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$53,275PYOtherExpensesAmt
CY Other Expenses$75,351CYOtherExpensesAmt
PY Total Expenses$658,488PYTotalExpensesAmt
CY Total Expenses$878,667CYTotalExpensesAmt
PY Revenues Less Expenses$2,543,059PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$198,500CYRevenuesLessExpensesAmt
Total Assets BOY$2,670,368TotalAssetsBOYAmt
Total Assets EOY$2,490,302TotalAssetsEOYAmt
Total Liabilities BOY$11,651TotalLiabilitiesBOYAmt
Total Liabilities EOY$30,085TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,658,717NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,460,217NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionOUR MISSION IS TO PARTNER WITH DONORS TO EMPOWER TRANSFORMATIONAL CHANGE TO MAKE A DUSTAINABLE DIFFERENCE IN OUR COMMUNITIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$817,306ExpenseAmt
Grant$803,316GrantAmt
Revenue-$96,344RevenueAmt
DescTHE ARTS: SUPPORTS THEATER, THE VISUAL ARTS, AND ARTISTS ESTABLISH AND PROMOTE CREATIVITY. 4 ORGANIZATIONS SERVED.STABLE HOUSING: ENSURES SUPPORT FOR ALL COMMUNITY MEMBERS IN SECURING RELIABLE AND SAFE SHELTER. 5 ORGANIZATIONS SERVED.YOUTH EMPOWERMENT: REMOVES BARRIERS FOR YOUTH TO SHARE THEIR IDEAS AND EMPOWERS FUTURE LEADERS. 7 ORGANIZATIONS SERVED.FINANCIAL EDUCATION: ENGAGES AND EDUCATES COMMUNITY MEMBERS TO TAKE CHARGE OF THEIR FINANCES. 3 ORGANIZATIONS SERVED.ENTREPRENEURSHIP: EMPOWERS AND EDUCATES ENTREPRENEURS TO DEVELOP SKILLS AND EXPLORE PROGRAMS. 1 ORGANIZATION SERVED.Desc
Total Program Service Expenses$817,306TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming ActivitiesYes (1)GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (1)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document14IRPDocumentCnt
IRP Document W2 G12IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint VentureYes (1)InvestmentInJointVentureInd
Written Policy Or ProcedureYes (1)WrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJACKIE GORDONPersonNm
Phone5173332424PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13777 WEST ROADAddressLine1Txt
CityEAST LANSINGCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48823ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ANGELA BROWN
CHAIR2.000.00Yes (X)Yes (X)$0$0$0
DANIEL SPADAFORE
SECRETARY/TREASURER2.000.00Yes (X)Yes (X)$0$0$0
ELIZABETH LAWRENCE
DIRECTOR2.000.00Yes (X)$0$0$0
ERNEST BETTS
DIRECTOR2.000.00Yes (X)$0$0$0
ERIN CARTER
DIRECTOR2.000.00Yes (X)$0$0$0
ELLIOT DANIELS
DIRECTOR2.000.00Yes (X)$0$0$0
DIANE OTTARSON-LANDRY
DIRECTOR2.000.00Yes (X)$0$0$0
REBECCA SURIAN
EXECUTIVE DIRECTOR8.0050.00Yes (X)$0$239,167$47,588
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$239,167TotReportableCompRltdOrgAmt
Total Other Compensation$47,588TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Related Organizations$381,197RelatedOrganizationsAmt
All Other Contributions$312,060AllOtherContributionsAmt
Total Contributions$693,257TotalContributionsAmt

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column-$111,976TotalRevenueColumnAmt
Related Or Exempt Func Income-$111,976RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue-$111,976TotalProgramServiceRevenueAmt
Gaming Gross Income$166,758GamingGrossIncomeAmt
Gaming Direct Expenses$83,504GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$83,254TotalRevenueColumnAmt
Unrelated Business Revenue$83,254UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$21,612GrossSalesOfInventoryAmt
Cost Of Goods Sold$5,980CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,632TotalRevenueColumnAmt
Related Or Exempt Func Income$15,632RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$680,167TotalRevenueColumnAmt
Related Or Exempt Func Income-$96,344RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$83,254UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$803,316TotalAmt
Program Services$803,316ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$12,775TotalAmt
Management And General$12,775ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$2,749TotalAmt
Management And General$2,749ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$13,350TotalAmt
Management And General$13,350ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$11,093TotalAmt
Management And General$11,093ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$7,741TotalAmt
Management And General$7,741ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$8,920TotalAmt
Management And General$8,920ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
TAXES PAID$13,990$13,990
EVENT EXPENSE$3,431$3,431
BOARD EXPENSE$1,302$1,302

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$878,667TotalAmt
Program Services$817,306ProgramServicesAmt
Management And General$61,361ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$170,368BOYAmt
EOY$25,144EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$7,054EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$2,500,000BOYAmt
EOY$2,458,104EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,670,368BOYAmt
EOY$2,490,302EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$6,456BOYAmt
EOY$30,085EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,195BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$11,651BOYAmt
EOY$30,085EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$2,658,717BOYAmt
EOY$2,460,217EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,658,717BOYAmt
EOY$2,460,217EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,670,368BOYAmt
EOY$2,490,302EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$198,500ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$467,330CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$526,094CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$571,888CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,151,811CurrentTaxYearMinus1YearAmt
Current Tax Year$693,257CurrentTaxYearAmt
Total$5,410,380TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$467,330CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$526,094CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$571,888CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,151,811CurrentTaxYearMinus1YearAmt
Current Tax Year$693,257CurrentTaxYearAmt
Total$5,410,380TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$5,410,380PublicSupportTotal170Amt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$25,279CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$49,736CurrentTaxYearMinus1YearAmt
Current Tax Year$83,254CurrentTaxYearAmt
Total$158,269TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year-$111,976CurrentTaxYearAmt
Total-$111,976TotalAmt
FieldValueIRS element (for citing)
Total Support$5,456,673TotalSupportAmt
Gross Receipts Rltd Activities$21,612GrossReceiptsRltdActivitiesAmt
Public Support CY1700.99150PublicSupportCY170Pct
Public Support PY1700.98530PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescINVESTMENT IN VERTE INVESTMENTS, LLCDesc
Book Value$2,458,104BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$2,458,104TotalBookValueProgramRltdAmt

Schedule G IRS990ScheduleG

Gaming Information GamingInformationGrp

FieldValueIRS element (for citing)
Gross Revenue Other Gaming$166,758GrossRevenueOtherGamingAmt
Cash Prizes Other Gaming$76,120CashPrizesOtherGamingAmt
Non Cash Prizes Other Gaming$1,422NonCashPrizesOtherGamingAmt
Oth Direct Expnss Other Gaming$5,962OthDirectExpnssOtherGamingAmt
Volunteer Labor Other Gaming0VolunteerLaborOtherGamingInd
Gross Revenue Total Gaming$166,758GrossRevenueTotalGamingAmt
Cash Prizes Total Gaming$76,120CashPrizesTotalGamingAmt
Non Cash Prizes Total Gaming$1,422NonCashPrizesTotalGamingAmt
Oth Direct Expnss Total Gaming$5,962OthDirectExpnssTotalGamingAmt
Direct Expense Summary Gaming$83,504DirectExpenseSummaryGamingAmt
Net Gaming Income Summary$83,254NetGamingIncomeSummaryAmt
FieldValueIRS element (for citing)
States Where Gaming ConductedMIStatesWhereGamingConductedCd
LicensedYes (1)LicensedInd
License Suspended Etc0LicenseSuspendedEtcInd
Gaming With Nonmembers0GamingWithNonmembersInd
Member Of Other Entity0MemberOfOtherEntityInd
Gaming Other Facility1.00000GamingOtherFacilityPct
Individual With BooksJACKIE GORDONIndividualWithBooksNm

Persons With Books US Address PersonsWithBooksUSAddress

FieldValueIRS element (for citing)
Address Line13777 WEST ROADAddressLine1Txt
CityEAST LANSINGCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48823ZIPCd
FieldValueIRS element (for citing)
Cntrct With3rd Prty For Game Rev0CntrctWith3rdPrtyForGameRevInd
Gaming Manager PersonSAMANTHA WILLETGamingManagerPersonNm
Gaming Manager Compensation$20,450GamingManagerCompensationAmt
Gaming Manager Services ProvSUPERVISES EMPLOYEES WHO KEEP RECORDS, COUNT MONEY, OVERSEE GAMING ACTIVITIES DURING EVENTS AND PREPARE STATE MANDATED FINANCIAL REPORTSGamingManagerServicesProvTxt
Gaming Manager Is EmployeeYes (X)GamingManagerIsEmployeeInd
Charitable Distribution Rqr0CharitableDistributionRqrInd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (16 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxt
BIG BROTHERS BIG SISTERS MI CAP REGION
7200 W SAGINAW STE 1LANSINGMI48917381515406501(C)(3)$50,000$0N/AN/AYOUTH EMPOWERMENT
CHILD AND FAMILY CHARITIES
4287 FIVE OAKS DRLANSINGMI48911382118108501(C)(3)$100,000$0N/AN/AYOUTH EMPOWERMENT
CHILDREN'S HEALING CENTER
1530 FULTON ST EGRAND RAPIDSMI49503451955614501(C)(3)$45,859$0N/AN/AYOUTH EMPOWERMENT
CITY OF EAST LANSING JAZZ FESTIVAL
410 ABBOT RDLANSINGMI48823386004674501(C)(3)$10,000$0N/AN/ATHE ARTS
DETROIT INSTITUTE OF ARTS
5200 WOODWARD AVE DETROIT MI 48202DETROITMI48202381359510501(C)(3)$50,000$0N/AN/ATHE ARTS
FIRST STEP
44567 PINETREE DRPLYMOUTHMI48170382208980501(C)(3)$25,000$0N/AN/ASTABLE HOUSING
HABITAT FOR HUMANITY CAPITAL REGION
1941 BENJAMIN DRLANSINGMI48906382716658501(C)(3)$50,000$0N/AN/ASTABLE HOUSING
HOME REPAIR SERVICES OF KENT COUNTY
1100 DIVISION AVE SGRAND RAPIDSMI49507382263817501(C)(3)$20,000$0N/AN/AFINANCIAL EDUCATION
IMPRESSION 5
200 MUSEUM DRIVELANSINGMI48933237200548501(C)(3)$25,000$0N/AN/AYOUTH EMPOWERMENT
LANSING ART GALLERY & EDUCATION CENTER
300 S WASHINGTON SQ STE 100LANSINGMI48933381889973501(C)(3)$15,000$0N/AN/ATHE ARTS
LANSING PROMISE FOUNDATION
200 N FOSTER AVELANSINGMI48912453363322501(C)(3)$46,350$0N/AN/AFINANCIAL EDUCATION
LIGHTHOUSE MI
46156 WOODWARD AVEPONTIACMI48342382847849501(C)(3)$100,000$0N/AN/ASTABLE HOUSING
MICHIGAN WOMEN FORWARD
155 BREWERY PARK BLVD STE 260DETROITMI48207382689979501(C)(3)$63,478$0N/AN/AENTREPRENEURSHIP
TRAVERSE CITY PHILHARMONIC
300 E FRONT ST STE 230TRAVERSE CITYMI49684382680276501(C)(3)$100,000$0N/AN/ATHE ARTS
TRI COUNTY OFFICE ON AGING
5305 S CEDAR STLANSINGMI48911382048955501(C)(3)$60,829$0N/AN/ASTABLE HOUSING
UNITED WAY OF SOUTH CENTRAL MICHIGAN
330 MARSHALL ST 203LANSINGMI48912381359193501(C)(3)$24,057$0N/AN/ASTABLE HOUSING
FieldValueIRS element (for citing)
Total501c3 Org16Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE DESK DRAWER FUND HAS FIVE PHILANTHROPIC PILLARS (THE ARTS, STABLE HOUSING, EMPOWERING YOUTH, FINANCIAL EDUCATION, AND ENTREPRENEURSHIP) THAT ARE USED AS SELECTION CRITERIA TO AWARD GRANTS. MONITORING PROCEDURES INCLUDE REQUIRING YEARLY REPORTS FROM ALL ORGANIZATIONS THAT ARE AWARDED FUNDS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonREBECCA SURIANPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$0BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$239,167CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$23,917DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$23,671NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$0TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$286,755TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 4THE BYLAWS WERE UPDATED IN 2024.
FORM 990, PART VI, SECTION A, LINE 6MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION IS THE SOLE MEMBER OF THE ORGANIZATION.
FORM 990, PART VI, SECTION A, LINE 7AMICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION, THE SOLE MEMBER, HAS THE RIGHT TO ELECT THE DIRECTORS OF THE ORGANIZATION.
FORM 990, PART VI, SECTION A, LINE 7BIN ITS CAPACITY AS SOLE MEMBER, MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION HAS THE POWER TO: A.) ELECT DIRECTORS; B.) APPROVE ALL AMENDMENTS TO THE ARTICLES OF INCORPORATION; C.) DISSOLVE, MERGE, SELL SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS, AND LEASE SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS; AND D.) ADMIT ANY NEW MEMBER OF THE CORPORATION.
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE BOARD CHAIR PRIOR TO FILING. THE BOARD IS PROVIDED A COPY PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CEACH BOARD MEMBER MUST SIGN AND UPDATE A STATEMENT IDENTIFYING ANY CONFLICTS OF INTEREST AND HAS PERSONAL RESPONSIBILITY TO IDENTIFY WHEN A CONFLICT OR POTENTIAL CONFLICT ARISES. CONFLICTS OR POTENTIAL CONFLICTS WILL BE REVIEWED AND INVESTIGATED BY THE BOARD. IF A CONFLICT ARISES, THE BOARD MEMBER MUST LEAVE THE ROOM DURING DISCUSSION AND ABSTAIN FROM VOTING.EACH BOARD MEMBER MUST SIGN AND UPDATE A STATEMENT IDENTIFYING ANY CONFLICTS OF INTEREST AND HAS PERSONAL RESPONSIBILITY TO IDENTIFY WHEN A CONFLICT OR POTENTIAL CONFLICT ARISES. CONFLICTS OR POTENTIAL CONFLICTS WILL BE REVIEWED AND INVESTIGATED BY THE BOARD. IF A CONFLICT ARISES, THE BOARD MEMBER MUST LEAVE THE ROOM DURING DISCUSSION AND ABSTAIN FROM VOTING.
FORM 990, PART VI, SECTION C, LINE 19COPIES OF GOVERNING DOCUMENTS ARE HELD AT THE CORPORATE OFFICES AND MOST ARE AVAILABLE ONLINE OR UPON REQUEST TO THE GENERAL PUBLIC.
FORM 990, PART XII, LINE 2C:THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13777 WEST ROADAddressLine1Txt
CityEAST LANSINGCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48823ZIPCd
FieldValueIRS element (for citing)
EIN381373106EIN
Primary ActivitiesCREDIT UNIONPrimaryActivitiesTxt
Legal Domicile StateMILegalDomicileStateCd
Exempt Code Section501(C)(1)ExemptCodeSectionTxt
Public Charity StatusN/APublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1VERTE INVESTMENTS LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13777 WEST RDAddressLine1Txt
CityEAST LANSINGCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48823ZIPCd
FieldValueIRS element (for citing)
EIN931799906EIN
Primary ActivitiesTO SUPPORT MINORITY INVESTMENT IN REDEVELOPMENT PROJECTSPrimaryActivitiesTxt
Legal Domicile StateMILegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1DESK DRAWER FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeCEntityTypeTxt
Share Of Total Income-$111,976ShareOfTotalIncomeAmt
Share Of EOY Assets$2,458,104ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
C$381,197ACTUAL AMOUNT
VERTE INVESTMENTS LLC
B$70,080ACTUAL AMOUNT

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