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 · View filing
Total Assets
$2.4M
+431.5% YoY
Annual Giving
$95K
Grant Count
4
Avg Grant Size
$24K
About Traverse City Center of Entrepreneurship
Based on IRS filings
Traverse City Center of Entrepreneurship is a nonprofit organization, based in TRAVERSE CITY, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 4 grants totaling $95K. Net investment income was $54K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| 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
Among its reported 2024 grants, the largest include Traverse Connect Foundation ($26,469), Northern Lakes Economic Alliance ($26,189), Venture North Funding & Development ($22,738).
| Recipient | Purpose | Amount |
|---|---|---|
| VENTURE NORTH FUNDING & DEVELOPMENT TRVERSE CITY, MI | SUBAWARD OF SBSH | $22,738 |
| NORTHERN LAKES ECONOMIC ALLIANCE BOYNE CITY, MI | SUBAWARD OF SBSH | $26,189 |
| TRAVERSE CONNECT FOUNDATION TRVERSE CITY, MI | SUBAWARD OF SBSH | $26,469 |
| GRAND VALLEY STATE UNIVERSITY ALLENDALE, MI | SUBAWARD OF SBSH | $19,317 |
Leadership & 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 | — |
Frequently Asked Questions
How large is Traverse City Center of Entrepreneurship?
As of 2024, Traverse City Center of Entrepreneurship holds $2.4M in total assets with $2.2M in annual revenue. It awarded 4 grants totaling $95K in 2024.
Where does Traverse City Center of Entrepreneurship operate?
Traverse City Center of Entrepreneurship has awarded grants in Michigan.
What size grants does Traverse City Center of Entrepreneurship award?
In 2024, Traverse City Center of Entrepreneurship awarded 4 grants totaling $95K — an average of about $24K per grant, based on its IRS Form 990 filings.
What is Traverse City Center of Entrepreneurship's EIN?
Traverse City Center of Entrepreneurship's EIN (Employer Identification Number) is 82-4116553. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Traverse City Center of Entrepreneurship's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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