37
Northern Shores Loan Fund Inc
Community Development · Petoskey, Michigan
2200 E Mitchell Rd Ste E, Petoskey, MI 49770-8898
EIN: 371548658· Founded: Sep 2008· 18 years active· Filing Year: 2023
Annual Revenue
$299K
Total Expenses
$452K
Total Assets
$1.3M
Program Spending
6%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$60K
13.3% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$61K
Total Payroll
$121K
27% of total expenses
Where the Money Goes
6%
Programs: 6%
Payroll: 27%
Other overhead: 94%
Program Revenue$28K (9%)
Total Expenses$452K (100%)
Payroll$121K (27%)
Overhead (non-program)94%
Trust Score Breakdown
Program Spending Ratio
6% of expenses go to programs
Revenue & Stability
$299K annual revenue
Executive Compensation
$60K total officer comp (13.3% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$1.3M in assets
Similar Community Development Nonprofits in Michigan
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.