To initiate philanthropy in partnership with north central Michigan college and the community in order to provide financial support for the mission and goals of the college.
Key facts about North Central Michigan College Foundation
In short: North Central Michigan College Foundation gave $1.2M across 1 grant in 2025 (avg $1.2M), mostly in Michigan. Source: 2025 IRS Form 990.
- EIN
- 38-2910328
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $1,175,331
- Grants made (2025)
- 1
- Average grant
- $1,175,331
- Median grant
- $1,175,331
- Total assets
- $20,835,549
- Primary geography
- Michigan (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$20.8M
+59.7% YoY
Annual Giving
$1.2M
+0.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.2M
+0.6% YoY
How North Central Michigan College Foundation gives
- Giving fell 34% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About North Central Michigan College Foundation
Based on IRS filings
North Central Michigan College Foundation is a public charity focused on Education, based in Petoskey, MI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $20.8M in total assets. In 2025, it awarded 1 grant totaling $1.2M. Net investment income was $3.7M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $366K (2020) to $3.1M (2021). In 2025 it made 1 grant totaling $1.2M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was North Central Michigan College ($1.2M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| North Central Michigan College Petoskey, MI | Scholarships, Equipment, and Other | $1,175,331 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $20,835,549 | $13,043,792 | $12,567,665 |
| Revenue | $11,975,497 | $1,899,398 | $1,923,087 |
| Expenses | $1,919,172 | $2,050,138 | $1,424,916 |
| Net Investment Income | $3,672,946 | $635,437 | $522,066 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS December 10, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 8, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 7, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
North Central Michigan College Foundation is led by Chelsea Platte, Executive Director on every filing since 2020; none of the 17 officers listed in 2025 report compensation.
Officers on the 2025 filing
Chelsea Platte
Executive Director
On filings since 2020
40 hrs/week
No compensation reported
David Finley PhD
President
College President → President, 2022
On filings since 2020
1 hr/week
No compensation reported
Jim Schroeder
Chair
Vice Chair → Chair, 2023
On filings since 2022
1 hr/week
No compensation reported
Chris Etienne
Past Chair & Trustee
Chair → Past Chair, 2023
Past Chair → Past Chair & Trustee, 2024
On filings since 2020
1 hr/week
No compensation reported
Chris Morley
Director
On filings since 2020
1 hr/week
No compensation reported
Dawn M. Bodnar
Director
On filings since 2020
1 hr/week
No compensation reported
John Fought
Director
Trustee → Trustee & Ex-Officio, 2024
Trustee & Ex-Officio → Director, 2025
On filings since 2021
1 hr/week
No compensation reported
Stan Smith MD
Director
On filings since 2021
1 hr/week
No compensation reported
Ashley Decarteret
Director
On filings since 2023
1 hr/week
No compensation reported
David Boor
Director
On filings since 2023
1 hr/week
No compensation reported
James Votruba PhD
Director
On filings since 2023
1 hr/week
No compensation reported
Walt Byers
Director
On filings since 2023
1 hr/week
No compensation reported
Janelle Wozniak
Trustee Liason
New on the 2025 filing
1 hr/week
No compensation reported
Monica Peck
Director
New on the 2025 filing
1 hr/week
No compensation reported
Max R. Bunker
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Dan Casasanta
Vice Chair
Director → Secretary, 2023
Secretary → Vice Chair, 2025
On filings since 2022
1 hr/week
No compensation reported
Sharon Schappacher
Secretary
Director → Secretary, 2025
On filings since 2023
1 hr/week
No compensation reported
Former officers (15)
- Former: Dan Rasmussen (2020–2023) — Trustee
- Former: Jennifer Shorter (2022–2023) — Director
- Former: Gayle Mroczkowski (2020–2022) — Director
- Former: John Marshall (2020–2022) — Secretary
- Former: Marion Kuebler (2020–2022) — Director
- Former: Richard Ames (2020–2022) — Director
- Former: Bill Kanine (2021–2022) — Director
- Former: Ashley Whitney (2022) — Director
- Former: Emily Brown (2020–2021) — Director
- Former: James Schroeder (2020–2021) — Vice Chair
- Former: Irma Noel (2020) — Director
- Former: Joan Kleinstiver (2020) — Director
- Former: Melissa Keiswetter (2020) — Director
- Former: Stanley Smith (2020) — Director
- Former: William Kanine (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "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 North Central Michigan College Foundation
How much does North Central Michigan College Foundation give each year?
North Central Michigan College Foundation gave $1.2M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.2M across 1 grant.
How large is North Central Michigan College Foundation?
North Central Michigan College Foundation reported $20.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $12.0M.
What is North Central Michigan College Foundation?
North Central Michigan College Foundation is a public charity focused on Education, based in Petoskey, MI. It holds $20.8M in total assets as of 2025.
Where does North Central Michigan College Foundation operate?
North Central Michigan College Foundation has awarded grants in Michigan.
What is North Central Michigan College Foundation's EIN?
North Central Michigan College Foundation's EIN (Employer Identification Number) is 38-2910328. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching North Central Michigan College Foundation by hand.
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