Overview

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Est.

2004

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

990s

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2024
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2023
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2022
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AI Summary

BAY FUTURE INC is a nonprofit organization focused on urban development and water resources, dedicated to empowering businesses, creating jobs, and driving economic success in Bay County, MI. With an operating budget of $643.2K and total revenue of $2.9M for the 2024 filing year, the organization demonstrates a diverse funding base, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.bayfuture.com.

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Mission Statement

EMPOWERING BUSINESSES, CREATING JOBS, AND DRIVING ECONOMIC SUCCESS IN BAY COUNTY, MI.

Cause Areas

2
Water resources
Urban development
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Financials

2024
Revenues
$2.9M
Expenses
$643.2K
Net Income:
+$2.3M
Assets
$3.4M
Liabilities
$158.4K
Net Assets:
+$3.3M

Financial Trends

2024
Operating Budget
$643.2K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
CONSUMERS ENERGY FOUNDATION
Jackson, MI, US
$48.3M
< 1%
MCLAREN BAY REGION
Bay City, MI, US
$3.9M
2%
FRANCES GOLL MILLS FUND
Columbus, OH, US
$1.4M
4%

Grants Received

2024
Total No. of Grants
9
Median grant size
$5.8K
Largest grant received
$15K

Board & Team

J
Jim Reaume
Board Member
M
Matt Beaver
Board Member
N
Nikki S Burgeson
Board Member

Frequently Asked Questions

What is BAY FUTURE INC’s budget?
In 2024, BAY FUTURE INC reported an annual operating budget of around $643 thousand. More detailed financial information is available to registered users.
What causes does BAY FUTURE INC support?
BAY FUTURE INC supports work in Water resources and Urban development.
Where does BAY FUTURE INC operate?
BAY FUTURE INC is headquartered in Bay City, MI.
Who funded BAY FUTURE INC recently?
In 2025, BAY FUTURE INC received grants from WEINLANDER FITZHUGH FOUNDATION INC, CONSUMERS ENERGY FOUNDATION, and MCLAREN BAY REGION. More information on this organization’s funders is available to registered users.
What is the largest grant BAY FUTURE INC received in 2024?
The largest grant to BAY FUTURE INC in 2024 exceeds $15 thousand.