Traverse City Center of Entrepreneurship
TO CULTIVATE A THRIVING AND CONNECTED STARTUP ECOSYSTEM IN NW LOWER MICHIGAN.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$2.4M
+431.5% YoY
Annual Giving
$95K
Grant Count
4
Avg Grant Size
$24K
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,353,206 | $442,756 | $418,238 |
| Revenue | $2,186,239 | $1,141,785 | $1,044,952 |
| Expenses | $1,899,743 | $1,150,295 | $1,028,416 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $54,491 | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Traverse City Center of Entrepreneurship fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SHILOH SLOMSKY | CFO AND TRIBAL LIAISON | 40 | $100,000 |
| ERIC ROBERTS | ED(THRU9/24) BD MEM(EFF 10/24) | 40 | $73,120 |
| CRAIG WESLEY | EXEC. DIRECTOR (EFF. 10/2024) | 40 | $26,153 |
| LOWELL GRUMEN | CHAIR | 1 | — |
| JANIE MCNABB | VICE CHAIR | 1 | — |
| GREG LUYT | SECRETARY | 1 | — |
| REBECCA TEAHEN | TREASURER | 1 | — |
| ASHLEY SLOAT | BOARD MEMBER | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Michigan $95K (100%)
States
Cities
AllendaleBoyne CityTrverse City
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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