Overview

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Est.

1989

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

990 file icon
2024
990 file icon
2023
990 file icon
2022
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AI Summary

Michigan Veterans Foundations Inc is a Michigan-based nonprofit focused on assisting veterans experiencing homelessness and other barriers to self-sufficiency through housing, case management, and supportive services. For filing year 2025, it reported a $2M operating budget and $1.8M in total revenue, with top funders including SAY DETROIT, FORGOTTEN HARVEST INC, and THE O'NEILL FOUNDATION.

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Mission Statement

Provides at risk, and homeless veterans with temporary housing and supportive services, e.g., medical, vocational, psychological, and educational training to regain or improve their status in society.

Financials

2024
Revenues
$1.5M
Expenses
$1.9M
Net Income:
-$402.4K
Assets
$11.5M
Liabilities
$122.1K
Net Assets:
+$11.4M

Financial Trends

2024
Operating Budget
$1.9M
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
Logo for "SAY DETROIT"
SAY DETROIT
Southfield, MI, US
$120K
3%
Logo for "MIGHTYCAUSE CHARITABLE FOUNDATION"
MIGHTYCAUSE CHARITABLE FOUNDATION
Marianna, FL, US
$36.1K
< 1%
THE O'NEILL FOUNDATION
DRYDEN, MI, US
$25.5K
4%

Grants Received

2024
Total No. of Grants
7
Median grant size
$10K
Largest grant received
$25K

Board & Team

R
Ronnie Nellon
Board Member
J
Judy Valdez
Board Member
D
Dan Robinson
Board Member
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  • 16 funders
  • 20 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is Michigan Veterans Foundations Inc’s budget?
In 2024, Michigan Veterans Foundations Inc reported an annual operating budget of around $1.9 million. More detailed financial information is available to registered users.
Where does Michigan Veterans Foundations Inc operate?
Michigan Veterans Foundations Inc is headquartered in Detroit, MI.
Who funded Michigan Veterans Foundations Inc recently?
In 2024, Michigan Veterans Foundations Inc received grants from FAIRFIELD COUNTY'S COMMUNITY FOUNDATION INC, SAY DETROIT, and DETROIT CHAPTER 9 OF VIETNAM VETERANS OF AMERICA INC. More information on this organization’s funders is available to registered users.
What is the largest grant Michigan Veterans Foundations Inc received in 2024?
The largest grant to Michigan Veterans Foundations Inc in 2024 exceeds $25 thousand.
What is Michigan Veterans Foundations Inc’s reliance on government grants?
Michigan Veterans Foundations Inc relied on government grants for more than 85% of their total revenue in 2024.