First Federal of Northern Michigan

ALPENA, MI EIN: 20-2531733

Financial Overview

From 2023 IRS Form 990-PF

Total Assets

-100.0% YoY

Annual Giving

$215K

+114.9% YoY

Grant Count

23

-14.8% YoY

Avg Grant Size

$9K

+152.3% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$68K$135K$203K$270K2020202120222023
Metric202320222021
Total Assets$229,631$336,386
Revenue$4,948$33,911$91,001
Expenses$245,823$109,662$170,224
Qualifying Distributions$215,328$100,199$165,300
Net Investment Income$33,911$91,001
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$54K$108K$161K$215K27 grants202024 grants202127 grants202223 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

CITY OF ALPENA$85KTHUNDER BAY THEATRE$35KALPENA YOUTH CENTER$20KBOYS AND GIRLS CLUB OF A…$10KTHE SUNSET PROJECT$10KTHUNDER BAY RIVER CENTER$10KUNITED WAY OF NE MICHIGAN$6KCOUNTY OF ALPENA$5KTHUNDER BAY BROWN TROUT$5KLONG RAPIDS TOWNSHIP$4K

Grant Size Distribution

101 grants across all recorded years

99<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does First Federal of Northern Michigan fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

MICHAEL MAHLERPRESIDENT$400MARTIN THOMPSONCHAIRMAN$400EILEEN BUDNICKTREASURER$400JOSEPH GENTRYSECRETARY$400

From 2023 filing

NameTitleHoursCompensation
MICHAEL MAHLERPRESIDENT$400
MARTIN THOMPSONCHAIRMAN$400
EILEEN BUDNICKTREASURER$400
JOSEPH GENTRYSECRETARY$400

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

AlpenaCheboyganCominsGaylordGrand RapidsHubbard LakeLachineMillersburgMioMt PleasamtPetoskeyPetoskey RdPresque IsleRogers CityTawas City

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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