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Beaver Island Community Development Corporation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Housing, Shelter / Housing Development, Construction, Management (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$49.9k (2023)

Expenses
$77.3k (2023)

Total Assets
$701k (2023)

Total Liabilities
$1.03M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$49,905
Expenses
$77,325
Net Income
-$27,420
Net Assets
-$326,247
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $49,796
99.8%
Investment Income $109
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $701,197
Total Liabilities $1,027,444
Net Assets -$326,247
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Alana Anderson (Director) $0 $0 $0
Kathy Speck (Treasurer) $0 $0 $0
Connie Wojan (Secretary) $0 $0 $0
Jane Mackenzie (Vice President) $0 $0 $0
Pete Lodico (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$48,943
Expenses
$75,010
Net Income
-$26,067
Net Assets
-$298,827
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $48,924
100.0%
Investment Income $19
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $732,012
Total Liabilities $1,030,839
Net Assets -$298,827
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Alana Anderson (Director) $0 $0 $0
Kathy Speck (Treasurer) $0 $0 $0
Connie Wojan (Secretary) $0 $0 $0
Jane Mackenzie (Vice President) $0 $0 $0
Pete Lodico (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$48,753
Expenses
$82,031
Net Income
-$33,278
Net Assets
-$272,760
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $46,800
96.0%
Investment Income $13
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,940
4.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $762,001
Total Liabilities $1,034,761
Net Assets -$272,760
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Alana Anderson (Director) $0 $0 $0
Kathy Speck (Treasurer) $0 $0 $0
Connie Wojan (Secretary) $0 $0 $0
Jane Mackenzie (Vice President) $0 $0 $0
Pete Lodico (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$46,698
Expenses
$76,988
Net Income
-$30,290
Net Assets
-$239,482
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $44,317
94.9%
Investment Income $24
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,357
5.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $802,895
Total Liabilities $1,042,377
Net Assets -$239,482
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Alana Anderson (Director) $0 $0 $0
Kathy Speck (Treasurer) $0 $0 $0
Connie Wojan (Secretary) $0 $0 $0
Jane Mackenzie (Vice President) $0 $0 $0
Pete Lodico (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$55,805
Expenses
$97,606
Net Income
-$41,801
Net Assets
-$209,192
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,249
7.6%
Program Services $45,360
81.3%
Investment Income $67
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,634
4.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $832,406
Total Liabilities $1,041,598
Net Assets -$209,192
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Alana Anderson (Director) $0 $0 $0
Kathy Speck (Treasurer) $0 $0 $0
Connie Wojan (Secretary) $0 $0 $0
Jane Mackenzie (Vice President) $0 $0 $0
Pete Lodico (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$55,182
Expenses
$83,194
Net Income
-$28,012
Net Assets
-$167,391
Notable Sources of Revenue Percent of Total Revenue
Contributions $140
0.3%
Program Services $44,427
80.5%
Investment Income $51
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,814
5.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $876,861
Total Liabilities $1,044,252
Net Assets -$167,391
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Alana Anderson (Director) $0 $0 $0
Kathy Speck (Treasurer) $0 $0 $0
Connie Wojan (Secretary) $0 $0 $0
Jane Mackenzie (Vice President) $0 $0 $0
Pete Lodico (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$57,015
Expenses
$103,661
Net Income
-$46,646
Net Assets
-$139,379
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,474
2.6%
Program Services $44,042
77.2%
Investment Income $10
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,437
6.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $906,912
Total Liabilities $1,046,291
Net Assets -$139,379
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Alana Anderson (Director) $0 $0 $0
Jane Mackenzie (Director) $0 $0 $0
Kathy Speck (Treasurer) $0 $0 $0
Connie Wojan (Secretary) $0 $0 $0
Pete Lodico (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$55,320
Expenses
$79,612
Net Income
-$24,292
Net Assets
-$92,733
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,878
17.9%
Program Services $43,512
78.7%
Investment Income $4
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,926
3.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $959,466
Total Liabilities $1,052,199
Net Assets -$92,733
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Alana Anderson (Director) $0 $0 $0
Jane Mackenzie (Director) $0 $0 $0
Kathy Speck (Treasurer) $0 $0 $0
Connie Wojan (Secretary) $0 $0 $0
Pete Lodico (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$59,292
Expenses
$89,451
Net Income
-$30,159
Net Assets
-$68,441
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,954
26.9%
Program Services $42,018
70.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,320
2.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $9,387
10.5%
Assets/Debt
Total Assets $987,421
Total Liabilities $1,055,862
Net Assets -$68,441
Compensation
Key Employees and Officers Compensation Related Other
Alana Anderson (Director) $0 $0 $0
Jane Mackenzie (Director) $0 $0 $0
Kathy Speck (Treasurer) $0 $0 $0
Connie Wojan (Secretary) $0 $0 $0
Pete Lodico (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$65,122
Expenses
$89,024
Net Income
-$23,902
Net Assets
-$38,282
Notable Sources of Revenue Percent of Total Revenue
Contributions $17,958
27.6%
Program Services $42,059
64.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,105
7.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $12,603
14.2%
Assets/Debt
Total Assets $1,022,194
Total Liabilities $1,060,476
Net Assets -$38,282
Compensation
Key Employees and Officers Compensation Related Other
Jane Mackenzie (Director) $0 $0 $0
Pete Lodico (President) $0 $0 $0
Connie Wojan (Recording Se) $0 $0 $0
Kathy Speck (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$39,645
Expenses
$96,533
Net Income
-$56,888
Net Assets
-$14,380
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $38,687
97.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $958
2.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $15,015
15.6%
Assets/Debt
Total Assets $1,050,596
Total Liabilities $1,064,976
Net Assets -$14,380
Compensation
Key Employees and Officers Compensation Related Other
Don Spencer (Director) $0 $0 $0
Jane Mackenzie (Director) $0 $0 $0
Pete Lodico (President) $0 $0 $0
Connie Wojan (Recording Se) $0 $0 $0
Kathy Speck (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$92,602
Expenses
$97,191
Net Income
-$4,589
Net Assets
$42,511
Notable Sources of Revenue Percent of Total Revenue
Contributions $62,440
67.4%
Program Services $29,198
31.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $964
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $14,013
14.4%
Assets/Debt
Total Assets $1,109,898
Total Liabilities $1,067,387
Net Assets $42,511

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$76,858
Expenses
$55,376
Net Income
$21,482
Net Assets
$47,097
Notable Sources of Revenue Percent of Total Revenue
Contributions $64,299
83.7%
Program Services $12,144
15.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $415
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,860
3.4%
Assets/Debt
Total Assets $1,115,571
Total Liabilities $1,068,474
Net Assets $47,097

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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