Thumb Area Enterprises

Cass City, MIUnknown exempt organization EIN 38-2628943Revenue $465K in FY2022Latest filing we have: 2022. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRSnorthwood-meadowsmi.comCass City, MI

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To provide living accommodations for assisted living and dementia residents.

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 38-2628943) · Dispute this line
98¢ of each $1 spent went to programs.
Run by 10 volunteers and 74 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
The latest return is for FY2022, 4 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $45K a year · 3% of revenue · last 3 filings
A surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
98%
of spending
98% of spending went to programs.
Pt IX · Ln 25 · col B
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
7
of 7 voting members
7 of 7 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$465K
-76% vs prior year
Spent
$488K
To programs
98%
Net assets
$0
By yearFY2020–FY2022
Revenue
$465K
FY2022▼ -76%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.8M
FY2021$1.6M
FY2022$1.9M
FY2022$465K
Expenses
$488K
FY2022▼ -72%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.7M
FY2021$1.7M
FY2022$1.7M
FY2022$488K
Net assets
$0
FY2022▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.3M
FY2021$2.2M
FY2022$2.3M
FY2022$0

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing we have: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $479K Management & general 2% · $9K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
President of the Board
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President & CEO
$0Pt VII · Sec A
See Thumb Area Enterprises executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers housing and care for assisted living and dementia residents.

Questions for Thumb Area Enterprises

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1 program · $479K · in their own filed words · FY2022
01

Northwood Meadows independent/assisted living apartments provide housing for those over 65 years old who either require some assistance or desire to no longer live alone yet do not require nursing home care. The one bedroom and studio apartments have a 24 hour emergency call system.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 38-2628943) · Dispute this line
$479Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$465K
Ln 12
Fees for servicesLn 2g$463K
Gifts and grantsLn 1h$2K
Investment incomeLn 3$2
Money outPt IX
$488K
Ln 25
Programscol B$479K
Managementcol C$9K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2K
Fees for servicesLn 2g$463K
Investment incomeLn 3$2
Total revenueLn 12$465K
Assets in detailPt X, end of year
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 574
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$459K$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2.1M$0
Total assetsLn 16$2.6M$0
LiabilitiesLn 26$243K$0
Net assetsLn 32$2.3M$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$288K$288K
Pension plan contributionsLn 8$9K$9K
Other employee benefitsLn 9$27K$27K
Payroll taxesLn 10$21K$21K
Management feesLn 11a$6K$6K
Other fees for servicesLn 11g$76$76
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$25K$25K
Information technologyLn 14$1K$1K
OccupancyLn 16$22K$22K
TravelLn 17$604$604
Depreciation, depletion and amortizationLn 22$28K$28K
Other expenses (24a–d)Ln 24$57K$57K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$488K$479K$9K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022Filed with the IRS Aug 31, 2023 $1.9M$1.7M$163K$2.3M 990 PDF
FY2021Filed with the IRS Aug 15, 2022 $1.6M$1.7M−$138K$2.2M 990 PDF
FY2020Filed with the IRS Aug 16, 2021 $1.8M$1.7M$108K$2.3M 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $464,677 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $161,786$1,680
I-9 Program service revenuePrior year $1,750,731$462,995
I-10 Investment incomePrior year $8$2
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,912,525$464,677
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,284,680$344,705
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $464,668$143,141
I-18 Total expensesPrior year $1,749,348$487,846
I-19 Revenue less expensesPrior year $163,177−$23,169
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $464,677 across 5 lines filed
Lines not itemized here account for $3,219 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$1,680
VIII-1h Total contributions, gifts and grants$1,680
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $459,776$459,776
VIII-3 Investment incomeExcluded from tax $2$2
VIII-12 Total revenueRelated to mission $462,995 · Unrelated business $0 · Excluded from tax $2$464,677
Part IX · Statement of functional expenses $487,846 across 14 lines filed
IX-7 Other salaries and wagesPrograms $288,202$288,202
IX-8 Pension plan contributionsPrograms $8,540$8,540
IX-9 Other employee benefitsPrograms $26,946$26,946
IX-10 Payroll taxesPrograms $21,017$21,017
IX-11a Management feesManagement $6,340$6,340
IX-11g Other fees for servicesPrograms $76$76
IX-12 Advertising and promotionManagement $2,227$2,227
IX-13 Office expensesPrograms $24,561$24,561
IX-14 Information technologyPrograms $1,457$1,457
IX-16 OccupancyPrograms $22,255$22,255
IX-17 TravelPrograms $604$604
IX-22 Depreciation, depletion and amortizationPrograms $27,506$27,506
IX-24 Other expenses (24a–d)Programs $56,554$56,554
IX-24e All other expensesPrograms $1,561$1,561
IX-25 Total functional expensesPrograms $479,279 · Management $8,567 · Fundraising $0$487,846
Part X · Balance sheet $0 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $377,189$0
X-2 Savings and temporary cash investmentsStart of year $81,801$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $25,335$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $2,092,334$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $590$0
X-16 Total assetsStart of year $2,577,249$0
X-25 Other liabilitiesStart of year $115,954$0
X-26 Total liabilitiesStart of year $243,252$0
X-27 Net assets without donor restrictionsStart of year $2,333,997$0
X-32 Total net assets or fund balancesStart of year $2,333,997$0
X-33 Total liabilities and net assetsStart of year $2,577,249$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$464,677
XI-2 Total expenses$487,846
XI-3 Revenue less expenses−$23,169
XI-4 Net assets at start of year$2,333,997
XI-9 Other changes in net assets−$2,310,828
XI-10 Net assets at end of year$0

Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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