Mission
TO PROVIDE TAILORED BUSINESS SOLUTIONS TO ADVANCE AND CONNECT RURAL ECONOMIES AND THEIR COMMUNITIES.
Public Charity
NORTHERN ECONOMIC INITIATIVES CORPORATION
NORTHERN ECONOMIC INITIATIVES CORPORATION is a nonprofit organization categorized as Public Charity based in MARQUETTE, MI. Its most recent IRS filing (2018) reports revenue of $3.7M, expenses of $2.5M. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $509K.
EIN: 383024786
MARQUETTE, MI
General Support
NTEE: DEFAULT
Latest filing: 2018
Total Revenue$3.7M
Total Expenses$2.5M
Grant Records9
Funding Total$509K
Filing Years2017–2018
Sample Grants Received
OPERATING GRANT
$250,000
SEE PART IV
$36,000
FUNDING OF A LOAN LOSS RESERVE
$45,000
See Part IV
$43,000
ESTABLISH OFFICE AND INCREASE PROGRAM AWARENESS
$25,000
Showing up to 5 of 9 total records — full history available with membership.
Officers & Directors
BOARD CHAIRMAN
Alfred Joyal Iii
CLASS A DIRECTOR
Bob Valentine
CLASS B DIRECTOR
Chandra Mcmillion
VICE PRESIDENT LENDING
Charles H Hurst
BOARD VICE CHAIRMAN
Charles Van Loan
BOARD SECRETARY (NON-VOTING)
Christine Rector
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2018 | $3.7M | $2.5M | — |
| 2017 | $4.5M | $2.4M | $19.6M |
Between 2017 and 2018, reported annual revenue declined from $4.5M to $3.7M (-19%).
Interactive year-over-year charts and full filing details available with membership.