Overview

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Est.

1976

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Michigan Share Corporation is a nonprofit organization dedicated to providing care for mentally impaired individuals through three group homes. With an operating budget of $1.3 million and total revenue of $1.5 million for the 2023 filing year, the organization primarily receives funding from Community Mental Health via a community mental health board and a charitable funding agency.

Mission Statement

Three group homes caring for mentally imparied individuals. Funding comes from Community Mental Health through a community mental health board and a charitable funding agency.
Revenues
$1.5M
Expenses
$1.3M
Net Income:
+$263.5K
Assets
$286.3K
Liabilities
$31.6K
Net Assets:
+$254.7K
Operating Budget
$1.3M
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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A
Ada McMillan
Board Member
J
Jerylin Cates
Board Member
A
Arlene Allen
Board Member

Frequently Asked Questions

What is Michigan Share Corporation’s budget?
In 2023, Michigan Share Corporation reported an annual operating budget of around $1.3 million. More detailed financial information is available to registered users.
What causes does Michigan Share Corporation support?
Michigan Share Corporation supports work in Group homes.
Where does Michigan Share Corporation operate?
Michigan Share Corporation is headquartered in St. Clair Shores, MI.
What is Michigan Share Corporation’s reliance on government grants?
Michigan Share Corporation relied on government grants for more than 20% of their total revenue in 2023.