2025-05-15T09:55:38-05:00 2024-12-31 331498605 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2024-01-01 833598690 DESK DRAWER FUND DESK 5173332299 3777 WEST RD EAST LANSING MI 48823 REBECCA SURIAN EXECUTIVE DIRECTOR 5173332299 2025-05-13 1 1 JOSHUA NITZ CPA P01946955 2695674500 2025-05-09 2024 2025-03-06 01:10:19Z MSUFCU DESK DRAWER FOUNDATION REBECCA SURIAN 3777 WEST RD EAST LANSING MI 48823 769651 0 X HTTPS://WWW.DESKDRAWERFUND.ORG/ X 2018 MI OUR MISSION IS TO PARTNER WITH DONORS TO EMPOWER TRANSFORMATIONAL CHANGE TO MAKE A SUSTAINABLE DIFFERENCE IN OUR COMMUNITIES. 7 7 0 7 83254 46513 3151811 693257 0 -111976 0 0 49736 98886 3201547 680167 605213 803316 0 0 0 0 0 0 0 53275 75351 658488 878667 2543059 -198500 2670368 2490302 11651 30085 2658717 2460217 X OUR MISSION IS TO PARTNER WITH DONORS TO EMPOWER TRANSFORMATIONAL CHANGE TO MAKE A DUSTAINABLE DIFFERENCE IN OUR COMMUNITIES. 0 0 817306 803316 -96344 THE 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. 817306 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 14 12 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 1 1 MI X JACKIE GORDON 5173332424 3777 WEST ROAD EAST LANSING MI 48823 ANGELA BROWN CHAIR 2.00 0.00 X X 0 0 0 DANIEL SPADAFORE SECRETARY/TREASURER 2.00 0.00 X X 0 0 0 ELIZABETH LAWRENCE DIRECTOR 2.00 0.00 X 0 0 0 ERNEST BETTS DIRECTOR 2.00 0.00 X 0 0 0 ERIN CARTER DIRECTOR 2.00 0.00 X 0 0 0 ELLIOT DANIELS DIRECTOR 2.00 0.00 X 0 0 0 DIANE OTTARSON-LANDRY DIRECTOR 2.00 0.00 X 0 0 0 REBECCA SURIAN EXECUTIVE DIRECTOR 8.00 50.00 X 0 239167 47588 0 239167 47588 0 0 1 0 0 381197 312060 693257 -111976 -111976 -111976 166758 83504 83254 83254 21612 5980 15632 15632 680167 -96344 83254 0 803316 803316 12775 12775 2749 2749 13350 13350 11093 11093 7741 7741 8920 8920 TAXES PAID 13990 13990 EVENT EXPENSE 3431 3431 BOARD EXPENSE 1302 1302 878667 817306 61361 0 170368 25144 7054 2500000 2458104 2670368 2490302 6456 30085 5195 0 11651 30085 X 0 0 0 0 2658717 2460217 2658717 2460217 2670368 2490302 -198500 0 X X 0 1 X 1 0 X 467330 526094 571888 3151811 693257 5410380 467330 526094 571888 3151811 693257 5410380 5410380 25279 49736 83254 158269 -111976 -111976 5456673 21612 0.99150 0.98530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INVESTMENT IN VERTE INVESTMENTS, LLC 2458104 C 2458104 166758 76120 1422 5962 0 166758 76120 1422 5962 83504 83254 MI 1 0 0 0 1.00000 JACKIE GORDON 3777 WEST ROAD EAST LANSING MI 48823 0 SAMANTHA WILLET 20450 SUPERVISES EMPLOYEES WHO KEEP RECORDS, COUNT MONEY, OVERSEE GAMING ACTIVITIES DURING EVENTS AND PREPARE STATE MANDATED FINANCIAL REPORTS X 0 1 BIG BROTHERS BIG SISTERS MI CAP REGION 7200 W SAGINAW STE 1 LANSING MI 48917 381515406 501(C)(3) 50000 0 N/A N/A YOUTH EMPOWERMENT CHILD AND FAMILY CHARITIES 4287 FIVE OAKS DR LANSING MI 48911 382118108 501(C)(3) 100000 0 N/A N/A YOUTH EMPOWERMENT CHILDREN'S HEALING CENTER 1530 FULTON ST E GRAND RAPIDS MI 49503 451955614 501(C)(3) 45859 0 N/A N/A YOUTH EMPOWERMENT CITY OF EAST LANSING JAZZ FESTIVAL 410 ABBOT RD LANSING MI 48823 386004674 501(C)(3) 10000 0 N/A N/A THE ARTS DETROIT INSTITUTE OF ARTS 5200 WOODWARD AVE DETROIT MI 48202 DETROIT MI 48202 381359510 501(C)(3) 50000 0 N/A N/A THE ARTS FIRST STEP 44567 PINETREE DR PLYMOUTH MI 48170 382208980 501(C)(3) 25000 0 N/A N/A STABLE HOUSING HABITAT FOR HUMANITY CAPITAL REGION 1941 BENJAMIN DR LANSING MI 48906 382716658 501(C)(3) 50000 0 N/A N/A STABLE HOUSING HOME REPAIR SERVICES OF KENT COUNTY 1100 DIVISION AVE S GRAND RAPIDS MI 49507 382263817 501(C)(3) 20000 0 N/A N/A FINANCIAL EDUCATION IMPRESSION 5 200 MUSEUM DRIVE LANSING MI 48933 237200548 501(C)(3) 25000 0 N/A N/A YOUTH EMPOWERMENT LANSING ART GALLERY & EDUCATION CENTER 300 S WASHINGTON SQ STE 100 LANSING MI 48933 381889973 501(C)(3) 15000 0 N/A N/A THE ARTS LANSING PROMISE FOUNDATION 200 N FOSTER AVE LANSING MI 48912 453363322 501(C)(3) 46350 0 N/A N/A FINANCIAL EDUCATION LIGHTHOUSE MI 46156 WOODWARD AVE PONTIAC MI 48342 382847849 501(C)(3) 100000 0 N/A N/A STABLE HOUSING MICHIGAN WOMEN FORWARD 155 BREWERY PARK BLVD STE 260 DETROIT MI 48207 382689979 501(C)(3) 63478 0 N/A N/A ENTREPRENEURSHIP TRAVERSE CITY PHILHARMONIC 300 E FRONT ST STE 230 TRAVERSE CITY MI 49684 382680276 501(C)(3) 100000 0 N/A N/A THE ARTS TRI COUNTY OFFICE ON AGING 5305 S CEDAR ST LANSING MI 48911 382048955 501(C)(3) 60829 0 N/A N/A STABLE HOUSING UNITED WAY OF SOUTH CENTRAL MICHIGAN 330 MARSHALL ST 203 LANSING MI 48912 381359193 501(C)(3) 24057 0 N/A N/A STABLE HOUSING 16 0 PART I, LINE 2: THE 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. 0 0 0 0 0 0 0 0 0 REBECCA SURIAN EXECUTIVE DIRECTOR 0 239167 0 0 0 0 0 23917 0 23671 0 286755 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE UPDATED IN 2024. FORM 990, PART VI, SECTION A, LINE 6 MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION IS THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A MICHIGAN 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 7B IN 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 11B THE 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 12C 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.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 19 COPIES 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. MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 3777 WEST ROAD EAST LANSING MI 48823 381373106 CREDIT UNION MI 501(C)(1) N/A N/A 0 VERTE INVESTMENTS LLC 3777 WEST RD EAST LANSING MI 48823 931799906 TO SUPPORT MINORITY INVESTMENT IN REDEVELOPMENT PROJECTS MI DESK DRAWER FUND C -111976 2458104 1.00000 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION C 381197 ACTUAL AMOUNT VERTE INVESTMENTS LLC B 70080 ACTUAL AMOUNT