MIDLAND KING'S DAUGHTERS ENDOWMENT FUND

Address
2410 RODD STREET
MIDLAND, MI 48640
Contact
Phone: +1 (989) 631-2954
Nonprofit
NTEE: L11 - Single Organization Support
EIN: 56-2576446

Mission

THE MIDLAND KING'S DAUGHTERS ENDOWMENT FUND SUPPORTS CONTINUING OPERATIONS AND MAINTENANCE OF THE MIDLAND KING'S DAUGHTERS HOME WHICH PROVIDES ASSISTED LIVING AND NURSING CARE SERVICES.
 201720162015
Basic features of the organization
Year of formation2005
Subsection501(c)(3)
Organization typeCorporation
Metropolitan statistical area6960
Human resources, including compensation
Summary compensation info
Number of employees000
Personnel
Bradley, Tom
TitleDIRECTORDIRECTORDIRECTOR
Name of key/compensated personTOM BRADLEYTOM BRADLEYTOM BRADLEY
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Buckler, Dennis
TitleDIRECTORDIRECTORDIRECTOR
Name of key/compensated personDENNIS BUCKLERDENNIS BUCKLERDENNIS BUCKLER
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Clark, Marilyn
TitleDIRECTORDIRECTORDIRECTOR
Name of key/compensated personMARILYN CLARKMARILYN CLARKMARILYN CLARK
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Herbert, Joan
TitleVICE PRESIDEVICE PRESIDEVICE PRESIDE
Name of key/compensated personJOAN HERBERTJOAN HERBERTJOAN HERBERT
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Lunt, Edward
TitleDIRECTORDIRECTORDIRECTOR
Name of key/compensated personEDWARD LUNTEDWARD LUNTEDWARD LUNT
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or directorIndividual trustee or directorIndividual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Smith, Lee
TitleSECRETARYSECRETARYSECRETARY
Name of key/compensated personLEE SMITHLEE SMITHLEE SMITH
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Zimmerman, John
TitlePRESIDENTPRESIDENTPRESIDENT
Name of key/compensated personJOHN P ZIMMERMANJOHN P ZIMMERMANJOHN P ZIMMERMAN
Average hours per week working for org1.001.001.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
PositionIndividual trustee or director, OfficerIndividual trustee or director, OfficerIndividual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Purpose: mission, activities & accomplishments
Mission or significant activitiesTHE MIDLAND KING'S DAUGHTERS ENDOWMENT FUND SUPPORTS CONTINUING OPERATIONS AND MAINTENANCE OF THE MIDLAND KING'S DAUGHTERS HOME WHICH PROVIDES ASSISTED LIVING AND NURSING CARE SERVICES.THE MIDLAND KING'S DAUGHTERS ENDOWMENT FUND SUPPORTS CONTINUING OPERATIONS AND MAINTENANCE OF THE MIDLAND KING'S DAUGHTERS HOME WHICH PROVIDES ASSISTED LIVING AND NURSING CARE SERVICES.THE MIDLAND KING'S DAUGHTERS ENDOWMENT FUND SUPPORTS CONTINUING OPERATIONS AND MAINTENANCE OF THE MIDLAND KING'S DAUGHTERS HOME WHICH PROVIDES ASSISTED LIVING AND NURSING CARE SERVICES.
Program expenses (total)$1,466,053.00$1,465,450.00$2,505,690.00
Programs, including revenue & expenses
FINANCIAL SUPPORT FOR THE KINGS DAUGHTERS HOME
Program expenses$1,466,053.00$1,465,450.00$2,505,690.00
Grants and allocations made$1,325,000.00$1,325,000.00$2,364,670.00
Program revenue$1.00  
Program descriptionFINANCIAL SUPPORT FOR THE KINGS DAUGHTERS HOMEFINANCIAL SUPPORT FOR THE KINGS DAUGHTERS HOMEFINANCIAL SUPPORT FOR THE KINGS DAUGHTERS HOME
Financial data
Expense categories (totals)
Sum (total functional expenses)$1,649,743.00$1,673,482.00$2,728,603.00
Program services (total functional expenses)$1,466,053.00$1,465,450.00$2,505,690.00
Management & general (total functional expenses)$183,690.00$208,032.00$222,913.00
Fundraising (total functional expenses)$0.00$0.00$0.00
Revenue
Total revenue$3,311,855.00$1,353,181.00$2,596,061.00
Program service revenue (total)$1.00$1.00$0.00
Revenue from contributions (total)$17,648.00$14,612.00$12,565.00
Investment income$3,294,206.00$1,338,568.00$2,583,495.00
Total unrelated business revenue$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$1.00
Total revenue from grants, etc., current yr$17,648.00$14,612.00$12,565.00
Gross receipts$22,533,200.00$13,453,537.00$13,850,756.00
Sources of contributions
Revenue from all other contributions$17,648.00$14,612.00$12,565.00
Other types of revenue
Miscellaneous revenue (total)  $1.00
Income from dividends, interest, and similar investments$1,593,438.00$844,914.00$770,520.00
Net rental income  $0.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00
Investment management fees (total)$167,126.00$189,360.00$205,793.00
Accounting service fees (total)$3,150.00$3,175.00$3,412.00
Assets and liabilities
Total assets$34,923,922.00$32,239,293.00$31,888,485.00
Total assets, beginning of year$32,239,293.00$31,888,485.00$33,630,091.00
Total liabilities$1,325,000.00$1,325,000.00$1,149,700.00
Total liabilities, beginning of year$1,325,000.00$1,149,700.00 
Net assets$33,598,922.00$30,914,293.00$30,738,785.00
Net assets, beginning of year$30,914,293.00$30,738,785.00$33,630,091.00
Other assets$13,744.00$15,319.00$20,640.00
Investments: other securities$2,826,254.00$3,010,423.00$3,036,072.00
Investments: publicly traded securities$26,736,179.00$24,276,967.00$23,600,801.00
Grants payable$1,325,000.00$1,325,000.00$1,149,700.00
Other financial variables
Revenue less expenses$1,662,112.00-$320,301.00-$132,542.00
Savings & temp cash investment$1,172,522.00$817,157.00$971,095.00
Total net assets or fund balances$33,598,922.00$30,914,293.00$30,738,785.00
Depreciation, depletion, amortization$141,053.00$140,450.00$141,020.00
Governance and accountability
Number of voting members777
Number of independent voting members777
Tax year start date2017-01-012016-01-012015-01-01
Tax year end date2017-12-312016-12-312015-12-31
Accounting methodAccrualAccrualAccrual
Indicators for schedules (selected)
Grants to domestic org/gov't >$5kTrueTrueTrue
Metadata about the filing
E-return type990990990
Date e-filing submitted2018-05-302017-10-102016-10-03
IRS schema version2017v2.32016v3.02015v2.1
Filing identifier201841359349304649201711319349304431201631349349305018
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