Otsego Community Foundation

Tax-deductible

Gaylord, MI501(c)(3)Since 1994Foundations & GrantmakersEIN 38-3216235Revenue $3.6M in FY2025

On file with the IRSotsegofoundation.orgPo Box 344, 49734-0344 · Gaylord, MITax-exempt since Jul 1995Publicly supported charity — 170(b)(1)(A)(vi)

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Activate generosity for a strong Community. This is done by building endowments, awarding grants and convening leaders.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
Run by 79 volunteers and 5 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $1.3M a year · 50% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$75K
to officers and key staff · 6% of spending
Top officer’s pay lower than 86% of similar orgs
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 6.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $47K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.8M
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.6M
+8% vs prior year
Spent
$1.2M
To programs
90%
Net assets
$13.5M
By yearFY2020–FY2025
Revenue
$3.6M
FY2025▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2020$835K
FY2021$1.2M
FY2022$4.6M
FY2023$2.5M
FY2024$3.3M
FY2025$3.6M
Expenses
$1.2M
FY2025▼ -42%
Tap a bar for its year
Expenses by fiscal year
FY2020$564K
FY2021$507K
FY2022$1.6M
FY2023$2.1M
FY2024$2.1M
FY2025$1.2M
Net assets
$13.5M
FY2025▲ +32%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.5M
FY2021$6.7M
FY2022$8.3M
FY2023$9.1M
FY2024$10.2M
FY2025$13.5M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1995.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $1.1M Management & general 9% · $109K Fundraising 1% · $16K

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

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Who runs it and what they're paid

16 people listed on the 990; $75K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$74,564Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Vice Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Dana Bensinger’s $75K as Executive Director is at the 14th percentile of top reported officer pay among 1690 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Dana Bensinger$74,564$68,782$59,652$57,403$45,533$43,419

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Otsego Community Foundation executive salaries →

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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 15aYes

Programs and updates

Inspires people to give generously, strengthening the local community.

Questions for Otsego Community Foundation

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Provided by the organization

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3 programs · $1.1M · in their own filed words · FY2025
01

Community driven philanthropy -proactive and response programing to meet the ever-changing needs and capitalize on opportunities. Utilizing funds for the community this programming includes the community grant program (annual competitive grant cycle), community choice grants (opportunities for the community to nominate and select…

$492Kprogram expense
02

Donor Centered Fund Management

Includes donor advised funds. The foundation works with donors who want to engage in local philanthropy. The foundation helps to find projects and programs that align with their objectives and distribute grants accordingly. Fund for the community management includes field of interest and unrestricted funds.

$334Kprogram expense
03

The disaster response fund (DRF) of the foundation was established to provide a centralized opportunity for donors to invest in disaster relief efforts and a support mechanism for nonprofit organizations responding to crisis.

$262Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$47K
Grants paid · 117 grants · $4.7M · 2020–2025
Otsego County SportsplexMI · FY2025$83,973
Otsego County United Way INCMI · FY2025$66,612
Gaylord Community SchoolsFY2025$33,274
Johannesburg Lewiston Area SchoolsFY2025$31,799
The Refuge in Otsego CountyMI · FY2025$31,500
Unitemized GrantFY2025$28,500
Salvation ArmyMI · FY2025$27,500
Vanderbilt Area SchoolsFY2025$23,500
Northwest Michigan Works INCMI · FY2025$12,500
Otsego Conservation DistrictFY2025$11,253
See all 117 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$3.6M
Ln 12
Gifts and grantsLn 1h$2.7M
Investment incomeLn 3$889K
Fees for servicesLn 2g$5K
Money outPt IX
$1.2M
Ln 25
Programscol B$1.1M
Managementcol C$109K
Fundraisingcol D$16K
Owns and owesPt X
$13.5M
net assets · Ln 32
Cash and savingsLn 1–2$680K
Total assetsLn 16$15.3M
LiabilitiesLn 26$1.8M
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.7M
Noncash giftsLn 1g$184K
Fundraising eventsLn 1c$197K
Fees for servicesLn 2g$5K
Investment incomeLn 3$889K
Gains on assetsLn 7$388K
Total revenueLn 12$3.6M
Assets in detailPt X, end of year
CashLn 1$164K
SavingsLn 2$516K
Cash and savings togetherLn 1–2$680K
InvestmentsLn 11–13$14.1M
Other assetsLn 15$90K
Total assetsLn 16$15.3M
LiabilitiesLn 26$1.8M
Net assetsLn 32$13.5M
OperationsPt I, VI
EmployeesI 55
VolunteersI 679
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 FY25End FY25
Cash and savingsLn 1–2$835K$680K
InvestmentsLn 11–13$10.2M$14.1M
Total assetsLn 16$11.7M$15.3M
LiabilitiesLn 26$1.5M$1.8M
Net assetsLn 32$10.2M$13.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$745K$745K
Grants to domestic individualsLn 2$28K$28K
Pay of current officers, directors and key staffLn 5$75K$52K$19K$4K
Other salaries and wagesLn 7$100K$70K$25K$5K
Pension plan contributionsLn 8$2K$2K
Payroll taxesLn 10$13K$9K$3K$664
Accounting feesLn 11c$18K$18K
Investment management feesLn 11f$47K$47K
Other fees for servicesLn 11g$112K$97K$13K$2K
Advertising and promotionLn 12$19K$15K$2K$2K
Information technologyLn 14$651$455$163$33
OccupancyLn 16$12K$6K$6K
TravelLn 17$8K$4K$5K
Conferences, conventions and meetingsLn 19$404$303$101
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$22K$11K$8K$2K
All other expensesLn 24e$8K$2K$6K$121
Total functional expensesLn 25$1.2M$1.1M$109K$16K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $3.6M$1.2M$2.4M$13.5M 990 PDF
FY2024 $3.3M$2.1M$1.2M$10.2M 990 PDF
FY2023 $2.5M$2.1M$403K$9.1M 990 PDF
FY2022 $4.6M$1.6M$3.1M$8.3M 990 PDF
FY2021 $1.2M$507K$727K$6.7M 990 PDF
FY2020 $835K$564K$270K$5.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $3,563,190 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,246,921$2,704,032
I-9 Program service revenuePrior year $21,142$4,952
I-10 Investment incomePrior year $1,041,297$888,649
I-11 Other revenuePrior year −$21,600−$34,443
I-12 Total revenuePrior year $3,287,760$3,563,190
I-13 Grants and similar amounts paidPrior year $1,664,363$773,737
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $207,699$189,882
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $230,364$249,412
I-18 Total expensesPrior year $2,102,426$1,213,031
I-19 Revenue less expensesPrior year $1,185,334$2,350,159
Part VI · Governance 15 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,563,190 across 10 lines filed
VIII-1c Fundraising events$196,660
VIII-1f All other contributions, gifts and grants$2,507,372
VIII-1g Noncash contributions (included above)$183,760
VIII-1h Total contributions, gifts and grants$2,704,032
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,952$4,952
VIII-3 Investment incomeExcluded from tax $500,677$500,677
VIII-7 Net gain or loss on sales of assetsExcluded from tax $387,972$387,972
VIII-8 Net income from fundraising eventsExcluded from tax −$46,440−$46,440
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $11,997$11,997
VIII-12 Total revenueRelated to mission $16,949 · Unrelated business $0 · Excluded from tax $842,209$3,563,190
Part IX · Statement of functional expenses $1,213,031 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $745,237$745,237
IX-2 Grants to domestic individualsPrograms $28,500$28,500
IX-5 Pay of current officers, directors and key staffPrograms $52,195 · Management $18,641 · Fundraising $3,728$74,564
IX-7 Other salaries and wagesPrograms $70,236 · Management $25,084 · Fundraising $5,017$100,337
IX-8 Pension plan contributionsManagement $1,711$1,711
IX-10 Payroll taxesPrograms $9,289 · Management $3,317 · Fundraising $664$13,270
IX-11c Accounting feesManagement $18,500$18,500
IX-11f Investment management feesPrograms $46,937$46,937
IX-11g Other fees for servicesPrograms $96,866 · Management $13,259 · Fundraising $2,202$112,327
IX-12 Advertising and promotionPrograms $15,226 · Management $1,903 · Fundraising $1,903$19,032
IX-14 Information technologyPrograms $455 · Management $163 · Fundraising $33$651
IX-16 OccupancyPrograms $5,750 · Management $5,750$11,500
IX-17 TravelPrograms $3,683 · Management $4,502$8,185
IX-19 Conferences, conventions and meetingsPrograms $303 · Management $101$404
IX-23 InsuranceManagement $2,787$2,787
IX-24 Other expenses (24a–d)Programs $11,459 · Management $7,648 · Fundraising $2,440$21,547
IX-24e All other expensesPrograms $1,809 · Management $5,612 · Fundraising $121$7,542
IX-25 Total functional expensesPrograms $1,087,945 · Management $108,978 · Fundraising $16,108$1,213,031
Part X · Balance sheet $15,254,603 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $0$163,983
X-2 Savings and temporary cash investmentsStart of year $835,437$515,536
X-3 Pledges and grants receivableStart of year $562,583$410,900
X-11 Publicly traded securitiesStart of year $10,233,455$14,074,660
X-15 Other assetsStart of year $74,501$89,524
X-16 Total assetsStart of year $11,705,976$15,254,603
X-17 Accounts payable and accrued expensesStart of year $2,330$15,928
X-18 Grants payableStart of year $10,000$0
X-19 Deferred revenueStart of year $25,000$75,000
X-25 Other liabilitiesStart of year $1,439,071$1,706,607
X-26 Total liabilitiesStart of year $1,476,401$1,797,535
X-27 Net assets without donor restrictionsStart of year $273,322$12,981,151
X-28 Net assets with donor restrictionsStart of year $9,956,253$475,917
X-32 Total net assets or fund balancesStart of year $10,229,575$13,457,068
X-33 Total liabilities and net assetsStart of year $11,705,976$15,254,603
Part XI · Reconciliation of net assets $13,457,068 net assets at year end
XI-1 Total revenue$3,563,190
XI-2 Total expenses$1,213,031
XI-3 Revenue less expenses$2,350,159
XI-4 Net assets at start of year$10,229,575
XI-5 Net unrealized gains (losses) on investments$877,334
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$13,457,068

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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