Friends of the Betsie Valley Trail
Create and maintain rail trail system.
Friends of the Betsie Valley Trail at a glance
- Total assets
- $633,396
- +7.3% vs 2024
- Revenue (2025)
- $207,705
- +19.2% vs 2024
- Net investment income (2025)
- $18,217
- +11.2% vs 2024
- Expenses (2025)
- $164,530
- +145.4% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Friends of the Betsie Valley Trail funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2022 it made 1 grant totaling $14K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Grand Traverse Regional Community Foundation Traverse City, MI | Support the Wm. R. Olsen Endowment for the Friends of the Betsie Valley Trail. | $13,986 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $633,396 | $207,705 | $164,530 | — | — | $18,217 |
| 2024 | $590,221 | $174,261 | $67,034 | — | — | $16,388 |
| 2023 | — | $135,274 | $62,269 | — | — | — |
| 2022 | $404,812 | $204,138 | $61,125 | $13,986 | 1 | $19,309 |
| 2021 | — | $111,119 | $91,277 | — | — | — |
| 2020 | — | $76,322 | $41,252 | — | — | — |
| 2019 | — | $71,521 | $22,409 | — | — | — |
About Friends of the Betsie Valley Trail
Based on IRS filings
Friends of the Betsie Valley Trail is a public charity focused on Adults, based in Beulah, MI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $633K in total assets. Net investment income was $18K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Friends of the Betsie Valley Trail is led by Heidi Bolger, President on every filing since 2023; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Heidi Bolger
President
On filings since 2023
4 hrs/week
No compensation reported
Fred Stransky
Director
On filings since 2020
2 hrs/week
No compensation reported
Charlie Gregory
Director & Tcc
On filings since 2021
4 hrs/week
No compensation reported
Jan Fiola
Director
On filings since 2021
2 hrs/week
No compensation reported
Kevin Dombkowski
Director
On filings since 2024
2 hrs/week
No compensation reported
Doug Cook
Treasurer
Director → Treasurer, 2020
On filings since 2019
2 hrs/week
No compensation reported
Avace Wildie
Secretary
On filings since 2021
2 hrs/week
No compensation reported
Heather Hudson
Vice President
Director → Vice President, 2024
On filings since 2023
2 hrs/week
No compensation reported
Former officers (10)
- Former: Tom Jackson (2019–2023) — Vice President
- Former: Chris Remy (2021–2023) — Director
- Former: Jed Maker (2019–2022) — President
- Former: Hunter Steinkamp (2021–2022) — Director
- Former: Beth Roethler (2019–2020) — Director
- Former: Bill Skaff (2019–2020) — Director
- Former: John Rothhaar (2019–2020) — Director
- Former: Julie Williams (2019–2020) — Director
- Former: Kris Welty (2019–2020) — Secretary
- Former: Bryce Dreeszen (2019) — Treasurer
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Friends of the Betsie Valley Trail
How large is Friends of the Betsie Valley Trail?
Friends of the Betsie Valley Trail reported $633K in total assets on its 2025 IRS Form 990. Its revenue that year was $208K.
What is Friends of the Betsie Valley Trail?
Friends of the Betsie Valley Trail is a public charity focused on Adults, based in Beulah, MI. It holds $633K in total assets as of 2025.
Where does Friends of the Betsie Valley Trail operate?
Friends of the Betsie Valley Trail has awarded grants in Michigan.
What is Friends of the Betsie Valley Trail's EIN?
Friends of the Betsie Valley Trail's EIN (Employer Identification Number) is 38-3092450. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
Browse active grant opportunities in Friends of the Betsie Valley Trail's focus areas in our free grants database
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Friends of the Betsie Valley Trail's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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