Upcap Services Inc
Promote the development of human, social and community resources of the upper peninsula of Michigan through various activities.
Upcap Services Inc at a glance
- Total assets
- $56,373,807
- +25.6% vs 2024
- Revenue (2025)
- $48,922,256
- +31.2% vs 2024
- Net investment income (2025)
- $2,025,077
- +40.1% vs 2024
- Expenses (2025)
- $38,016,172
- +15.5% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Upcap Services Inc
Open Grants
1 open opportunity from Upcap Services Inc
Who Upcap Services Inc funds
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2020, annual grant giving ranged from $5.4M (2019) to $5.7M (2020). In 2020 it made 1 grant totaling $5.7M.
Ready to take the next step with Upcap Services Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $56,373,807 | $48,922,256 | $38,016,172 | — | — | $2,025,077 |
| 2024 | $44,891,281 | $37,290,093 | $32,918,296 | — | — | $1,444,997 |
| 2023 | $37,980,008 | $31,397,896 | $27,908,567 | — | — | $851,311 |
| 2022 | $39,685,764 | $32,806,774 | $28,644,170 | — | — | $-1,404,424 |
| 2021 | $35,179,292 | $33,596,590 | $27,571,707 | — | — | $992,570 |
| 2020 | $30,269,488 | $26,779,843 | $23,467,064 | $5,744,960 | 1 | $512,093 |
| 2019 | $25,545,864 | $25,052,106 | $21,861,629 | $5,412,050 | 1 | $760,063 |
About Upcap Services Inc
Based on IRS filings
Upcap Services Inc is a public charity focused on Human Services, based in Escanaba, MI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $56.4M in total assets. Net investment income was $2.0M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Upcap Services Inc is led by Jonathan Mead, President & CEO since 2023 (on filings since 2019); 2 of 10 officers listed in 2025 are compensated.
Officers on the 2025 filing
Jonathan Mead
President & CEO
President → President & CEO, 2023
On filings since 2019
38 hrs/week
$132K (2019) → $164K (2025)
Carl Nykanen
Chair & Board Member
Board Member → Chair, 2023
Chair → Chair & Board Member, 2025
On filings since 2019
1 hr/week
No compensation reported
Joe Derocha
Chair
Board Member → Chair, 2025
On filings since 2024
1 hr/week
No compensation reported
Emily Desalvo
Director of Operations
New on the 2025 filing
36.5 hrs/week
$104K (2025)
Craig Reiter
Secretary
Board Member → Secretary, 2023
On filings since 2019
1 hr/week
No compensation reported
Dan Young
Board Member
On filings since 2019
1 hr/week
No compensation reported
Jerry Doucette
Treasurer
Board Member → Chairperson, 2020
Chairperson → Treasurer, 2024
On filings since 2019
1 hr/week
No compensation reported
William Menge
Vice Chair
Board Member → Vice Chair, 2023
On filings since 2019
1 hr/week
No compensation reported
Nick Hanchek
Board Member
On filings since 2021
1 hr/week
No compensation reported
Gretchen Janssen
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (25)
- Former: Gerry Corkin (2023) — Treasurer
- Former: Jim Hill (2023) — Board Member
- Former: Edward Jenich (2019–2022) — Board Member
- Former: Gerald Corkin (2019–2022) — Treasurer
- Former: James Hill (2019–2022) — Vice Chairperson
- Former: Joe Bonovetz (2019–2022) — Board Member
- Former: Joe Stevens (2019–2022) — Board Member
- Former: Phyllis French (2019–2022) — Board Member
- Former: Richard Timmer (2019–2022) — Secretary
- Former: Gale Eilola (2021–2022) — Board Member
- Former: Patti Peretto (2021–2022) — Board Member
- Former: Randy Eckloff (2021–2022) — Board Mamber
- Former: Ted Postula (2021–2022) — Board Member
- Former: Theresa Nelson (2021–2022) — Board Member
- Former: Albert Koskela (2019–2020) — Board Member
- Former: Dave Rivard (2019–2020) — Board Member
- Former: Don McLean (2019–2020) — Board Member
- Former: Jan Hafeman (2019–2020) — Board Member
- Former: Richard Aird (2019–2020) — CFO
- Former: Sarah Peurakoski (2019–2020) — Board Member
- Former: Tim Aho (2019–2020) — Board Member
- Former: Jim Vivian (2020) — Board Member
- Former: Mark Bomberg (2019) — COO
- Former: Sandra Gayk (2019) — Board Member
- Former: Sharon Teeple (2019) — Board Member
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $164K, to Jonathan Mead (President & CEO). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Upcap Services Inc
How large is Upcap Services Inc?
Upcap Services Inc reported $56.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $48.9M.
What is Upcap Services Inc?
Upcap Services Inc is a public charity focused on Human Services, based in Escanaba, MI. It holds $56.4M in total assets as of 2025.
Where does Upcap Services Inc operate?
Upcap Services Inc has awarded grants in Michigan.
What is Upcap Services Inc's EIN?
Upcap Services Inc's EIN (Employer Identification Number) is 38-1957176. 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
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS August 16, 2021)
- Added Form 990 for fiscal year 2019 (received by the IRS August 14, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS July 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Upcap Services Inc funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Upcap Services Inc's focus areas in our free grants database
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Upcap Services Inc down — hundreds of funders to go?