Roscommon County Community Foundation FY2020 filing

Tax-deductible

Roscommon, MI501(c)(3)Since 2001Foundations & GrantmakersEIN 38-3612480Revenue $1.3M in FY2020

On file with the IRSmyrccf.orgPo Box 824, 48653-0824 · Roscommon, MITax-exempt since Sep 2001Publicly supported charity — 170(b)(1)(A)(vi)

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A Community Foundation dedicated to improving the quality of life for all present and future residents of Roscommon County, by providing stewardship and leadership, by attracting and holding permanent endowment funds from a wide range of donors, and by making grants of the income from its permanent endowment funds.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
5 of 6
filings with a surplus
Average surplus $831K a year · 53% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
19 mo
of spending, in cash
Looks good: 18.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $30K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$244K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
Spent
$442K
To programs
72%
Net assets
$9.2M
By yearFY2020–FY2025
Revenue
$1.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.3M
FY2021$1.9M
FY2022$1.8M
FY2023$646K
FY2024$1.2M
FY2025$2.6M
Expenses
$442K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$442K
FY2021$631K
FY2022$643K
FY2023$684K
FY2024$825K
FY2025$1.2M
Net assets
$9.2M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$9.2M
FY2021$10.9M
FY2022$10.1M
FY2023$11.4M
FY2024$12.2M
FY2025$13.9M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2001.

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

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $318K Management & general 24% · $106K Fundraising 4% · $19K

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

13 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A

Suzanne Luck’s $82K as Executive Di is at the 18th 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

NameFY2025FY2024FY2022
Suzanne Luck$81,513$77,120$59,927

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 Roscommon County 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

Improves Roscommon County life by managing funds and awarding grants.

Questions for Roscommon County Community Foundation

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Provided by the organization

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1 program · $318K · in their own filed words · FY2020
01

Grants to various tax exempt organizations

$318Kprogram 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 · FY2024
Total grants receivedfrom 2 funders$30K
Grants paid · 49 grants · $2.0M · 2020–2025
VariousFY2025$564,365
Midmichigan Health ServicesMI · FY2025$19,405
Roscommon County Emergency ManagemeFY2025$7,335
Roscommon Area District LibraryFY2025$5,948
VariousFY2024$282,041
Rccf Independence Operating FundFY2024$80,000
Individual RecipientFY2024$55,000
Roscommon Area District LibraryFY2024$17,440
Camp Westminister on Higgins LakeMI · FY2024$5,950
Midmichigan Community Health ServicFY2024$5,059
Unitemized GrantFY2023$233,415
Coor Intermediate School DistriFY2023$18,925
See all 49 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.3M
Ln 12
Investment incomeLn 3$915K
Gifts and grantsLn 1h$430K
Other incomeLn 4–11$620
Money outPt IX
$442K
Ln 25
Programscol B$318K
Managementcol C$106K
Fundraisingcol D$19K
Owns and owesPt X
$9.2M
net assets · Ln 32
Cash and savingsLn 1–2$686K
Total assetsLn 16$9.5M
LiabilitiesLn 26$244K
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$430K
Noncash giftsLn 1g$60K
Investment incomeLn 3$915K
Other incomeLn 4–11$620
Gains on assetsLn 7$745K
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
SavingsLn 2$686K
Cash and savings togetherLn 1–2$686K
InvestmentsLn 11–13$8.8M
Total assetsLn 16$9.5M
LiabilitiesLn 26$244K
Net assetsLn 32$9.2M
OperationsPt I, VI
EmployeesI 53
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 FY20End FY20
Cash and savingsLn 1–2$457K$686K
InvestmentsLn 11–13$8.1M$8.8M
Total assetsLn 16$8.6M$9.5M
LiabilitiesLn 26$267K$244K
Net assetsLn 32$8.3M$9.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$115K$115K
Grants to domestic individualsLn 2$112K$112K
Other salaries and wagesLn 7$98K−$1$93K$5K
Other employee benefitsLn 9$6K$6K
Payroll taxesLn 10$8K$8K$414
Investment management feesLn 11f$52K$52K
Other fees for servicesLn 11g$7K$7K
Office expensesLn 13$5K$5K
Information technologyLn 14$6K$6K
OccupancyLn 16$4K$4K
TravelLn 17$2K$2K
InsuranceLn 23$2K$460$1K
Other expenses (24a–d)Ln 24$20K$6K$14K
All other expensesLn 24e$4K$2K$2K
Total functional expensesLn 25$442K$318K$106K$19K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.6M$1.2M$1.4M$13.9M 990 PDF
FY2024 $1.2M$825K$353K$12.2M 990 PDF
FY2023 $646K$684K−$38K$11.4M 990 PDF
FY2022 $1.8M$643K$1.1M$10.1M 990 PDF
FY2021 $1.9M$631K$1.3M$10.9M 990 PDF
FY2020 Viewing $1.3M$442K$903K$9.2M 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 FY2020 990 (6 parts)
Part I · Summary $1,345,329 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $295,205$429,610
I-9 Program service revenue$0
I-10 Investment incomePrior year $332,635$915,099
I-11 Other revenuePrior year $353$620
I-12 Total revenuePrior year $628,193$1,345,329
I-13 Grants and similar amounts paidPrior year $238,309$227,495
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $102,088$111,986
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $93,052$103,016
I-18 Total expensesPrior year $433,449$442,497
I-19 Revenue less expensesPrior year $194,744$902,832
Part VI · Governance 12 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
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 $1,345,329 across 7 lines filed
VIII-1f All other contributions, gifts and grants$429,610
VIII-1g Noncash contributions (included above)$59,699
VIII-1h Total contributions, gifts and grants$429,610
VIII-3 Investment incomeRelated to mission $170,081$170,081
VIII-7 Net gain or loss on sales of assetsRelated to mission $745,018$745,018
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $620$620
VIII-12 Total revenueRelated to mission $915,719$1,345,329
Part IX · Statement of functional expenses $442,497 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $115,440$115,440
IX-2 Grants to domestic individualsPrograms $112,055$112,055
IX-7 Other salaries and wagesPrograms −$1 · Management $93,173 · Fundraising $4,904$98,076
IX-9 Other employee benefitsPrograms $5,625$5,625
IX-10 Payroll taxesManagement $7,871 · Fundraising $414$8,285
IX-11f Investment management feesPrograms $52,398$52,398
IX-11g Other fees for servicesPrograms $7,402$7,402
IX-13 Office expensesPrograms $5,362$5,362
IX-14 Information technologyPrograms $6,402$6,402
IX-16 OccupancyPrograms $4,416$4,416
IX-17 TravelManagement $1,801$1,801
IX-23 InsurancePrograms $460 · Management $1,277$1,737
IX-24 Other expenses (24a–d)Programs $6,063 · Fundraising $13,541$19,604
IX-24e All other expensesPrograms $2,311 · Management $1,583$3,894
IX-25 Total functional expensesPrograms $317,933 · Management $105,705 · Fundraising $18,859$442,497
Part X · Balance sheet $9,481,306 assets, 12 lines filed
X-2 Savings and temporary cash investmentsStart of year $456,992$685,694
X-9 Prepaid expenses and deferred chargesStart of year $225$225
X-11 Publicly traded securitiesStart of year $8,116,335$8,795,387
X-16 Total assetsStart of year $8,573,552$9,481,306
X-17 Accounts payable and accrued expensesStart of year $3,063$4,368
X-18 Grants payableStart of year $263,576$218,235
X-25 Other liabilities$21,500
X-26 Total liabilitiesStart of year $266,639$244,103
X-27 Net assets without donor restrictionsStart of year $237,157$839,287
X-28 Net assets with donor restrictionsStart of year $8,069,756$8,397,916
X-32 Total net assets or fund balancesStart of year $8,306,913$9,237,203
X-33 Total liabilities and net assetsStart of year $8,573,552$9,481,306
Part XI · Reconciliation of net assets $9,237,203 net assets at year end
XI-1 Total revenue$1,345,329
XI-2 Total expenses$442,497
XI-3 Revenue less expenses$902,832
XI-4 Net assets at start of year$8,306,913
XI-5 Net unrealized gains (losses) on investments$27,458
XI-10 Net assets at end of year$9,237,203

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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