Mona Lake Improvement Association

MUSKEGON, MI EIN: 38-0860903

Mona Lake Improvement Association is a private foundation focused on Community Improvement & Capacity Building, based in MUSKEGON, MI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $191K in total assets. In 2025, it made $41K in qualifying distributions.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$191K

+26.2% YoY

Revenue

$83K

+27.3% YoY

Qualifying Distributions

$41K

+408.4% YoY

Expenses

$43K

+125.0% YoY

Under IRS private-foundation payout rules, Mona Lake Improvement Association reported a distributable amount of $9K for 2025 — the minimum it must pay out in qualifying distributions.

About Mona Lake Improvement Association

Based on IRS filings

Mona Lake Improvement Association is a private foundation focused on Community Improvement & Capacity Building, based in MUSKEGON, MI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $191K in total assets. In 2025, it made $41K in qualifying distributions.

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$39K$78K$117K$157K202020212022202320242025
Metric202520242023
Total Assets$191,076$151,400$105,473
Revenue$82,873$65,126$82,479
Expenses$43,197$19,199$81,237
Qualifying Distributions$40,695$8,005$79,827
Net Investment Income
Distributable Amount$8,590$6,408$4,515

Giving Over Time

Total grant dollars and number of grants per year

$0$0.25$0.5$0.75$10 grants20200 grants20210 grants20220 grants20230 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

0 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
TOM HILLSTROMPRESIDENT1
DAN OLSONSECRETARY1
KEN HARRISTREASURER1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Mona Lake Improvement Association?

Mona Lake Improvement Association is a private foundation focused on Community Improvement & Capacity Building, based in MUSKEGON, MI. It holds $191K in total assets as of 2025.

How large is Mona Lake Improvement Association?

As of 2025, Mona Lake Improvement Association holds $191K in total assets with $83K in annual revenue.

How much is Mona Lake Improvement Association required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Mona Lake Improvement Association reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mona Lake Improvement Association's EIN?

Mona Lake Improvement Association's EIN (Employer Identification Number) is 38-0860903. IRS Form 990 filing data is available on this page for 2020–2025.

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

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