Small Public Charity

WLCC FOUNDATION INC

WLCC FOUNDATION INC, of PETOSKEY, MI, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $175K in revenue, $112K in expenses, $401K in total assets. 2 publicly reported grants to this organization, totaling roughly $120K, appear in IRS filings.

EIN: 873826938 PETOSKEY, MI Fund Raising & Fund Distribution NTEE: B12 Latest filing: 2025
Total Revenue$175K
Total Expenses$112K
Total Assets$401K
Grant Records2
Funding Total$120K
Filing Years2022–2025

Mission

1)TO PROVIDE FINANCIAL ASSISTANCE AND NEED-BASED SCHOLARSHIPS TO WALLOON LAKE COUNTRY CLUB EMPLOYEES AND THEIR CHILDREN AND GRANDCHILDREN.2)TO PROVIDE FINANCIAL ASSISTANCE FOR THE BEAUTIFICATION AND MAINTENANCE OF THE PUBLIC LAND, EGRESSES, AND SURROUNDING AREAS ADJACENT TO THE CLUB IN WALLOON LAKE, MICHIGAN.

Where $100 goes at Wlcc Foundation Inc

How Wlcc Foundation Inc divides every $100 it spends, from its own Form 990-EZ filings, averaged across 4 years.

$91 Programs the work itself
$9 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $91 for programs

$91
1)to provide financial assistance and need-based scholarships to walloon lake country club employees and their children and grandchildren.2)to provide financial assistance for the beautification and maintenance of the…
All program spending
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2022
1)TO PROVIDE FINANCIAL ASSISTANCE AND NEED-BASED SCHOLARSHIPS TO EMPLOYEES AND THEIR CHILDREN AND GRANDCHILDREN.2)TO PROVIDE FINANCIAL ASSISTANCE FOR THE BEAUTIFICATION AND MAINTENANCE OF THE PUBLIC LAND, EGRESSES, AND SURROUNDING AREAS ADJACENT TO THE CLUB IN WALLOON LAKE, MICHIGAN.
$100,000
2022
For grant recipient's exempt purposes
$20,000

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

TREASURER Daniel Van Voorhis
VICE PRESIDENT Karen Mulligan
PRESIDENT Terry Graessle
SECRETARY Thomas Balames

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$100,000 1 grant
General Support
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $175K $112K $401K
2024 $88K $76K $338K
2023 $77K $58K $327K
2022 $360K $53K $308K

Between 2022 and 2025, reported annual revenue declined from $360K to $175K (-51%), with total assets most recently reported at $401K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for WLCC FOUNDATION INC

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