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Michigan · Nonprofit

COLOMA WATERVLIET AREA ECONOMIC DEVELOPMENT CORPORATION

COLOMA WATERVLIET AREA ECONOMIC DEVELOPMENT CORPORATION (Michigan) receives grants from 2 organizations whose IRS filings report $27,578 to it, the largest being BERRIEN COMMUNITY FOUNDATION INC ($17,355). 2 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2026
$81k
Funders on record
2
Grants received
$28k
Net assets
$42k
2/2 repeat funderspeak grant-dependency 13%
01What it does

What Coloma Watervliet Area Economic Development Corporation does

Mission

Sustaining and improving the economic vitality of north berrien county through developing family oriented communities with joint programs, services and regulatory alignment among the active municipalities.

As stated on its FY2026 Form 990.

Program

  1. Coordination of festivals, parades, events, ribbon cuttings to promote new and existing businesses in the coloma and watervliet area. Specific program events and accomplishments include: community programs included: halloween trunk or treat, santa events, golf outing, and st. Pat evening lighted parade business recognition and community service awards administered the revolving loan fund to local businesses ribbon cutting at area businesses community representation on the watervliet city dda, coloma city dda, and at swmi regional chamber community beautification and improvement programs included coloma's randall park/splash pad project. Cwaedc participated in the fundraising for the randall park/splash pad project in coloma. Grants were given to the city of coloma for the cost of installation. The splash pad was opened in october 2024. Watervliet "main street oasis" - bands, crafters, food trucks once a week throughout the summer.

    $83,713 spentof which $23,251 as grants
    100% of program spending

The program described on its FY2026 Form 990. Program spending in total: $83,713.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($59k) Expenses 100 ($86k) Net assets 100 ($72k)2018 Revenue 84 ($50k) Expenses 70 ($60k) Net assets 86 ($62k)2019 Revenue 84 ($50k) Expenses 61 ($53k) Net assets 82 ($59k)2020 Revenue 98 ($58k) Expenses 66 ($56k) Net assets 84 ($61k)2021 Revenue 106 ($63k) Expenses 65 ($56k) Net assets 94 ($67k)2022 Revenue 92 ($55k) Expenses 69 ($59k) Net assets 87 ($63k)2023 Revenue 98 ($58k) Expenses 70 ($60k) Net assets 84 ($61k)2024 Revenue 104 ($62k) Expenses 78 ($67k) Net assets 76 ($55k)2025 Revenue 287 ($170k) Expenses 205 ($176k) Net assets 68 ($49k)2026 Revenue 136 ($81k) Expenses 102 ($87k) Net assets 58 ($42k)
'17'18'19'20'21'22'23'24'25'26
Revenue (136)Expenses (102)Net assets (58)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $73k to $63k (−14%).

$73k
$63k
$60k
$62k
$69k
$64k
$62k
$56k
$51k
$44k
'17'18'19'20'21'22'23'24'25'26
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2026 47%. Grants only. Government contracts and fees sit inside program revenue.

95% of COLOMA WATERVLIET AREA ECONOMIC DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (77% for the typical peer).

This organization
Typical peer · 10,274 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 10 reported years ran a deficit.

−$27k
’17
−$10k
’18
−$3k
’19
$2k
’20
$7k
’21
−$5k
’22
−$2k
’23
−$6k
’24
−$6k
’25
−$7k
’26
3.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Sandy Kraemer

Chair

As listed on its FY2026 Form 990.

20252026
Listed67
Joined·+2
No longer listed·1
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'20
'25*
'26*
total
funders
1
2
1

2 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of COLOMA WATERVLIET AREA ECONOMIC DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

COLOMA WATERVLIET AREA ECONOMIC DEVELOPMENT CORPORATION leans on a few funders — its largest provides 63% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund COLOMA WATERVLIET AREA ECONOMIC DEVELOPMENT CORPORATION.

63%
largest funder
100%
top three
~2
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of COLOMA WATERVLIET AREA ECONOMIC DEVELOPMENT CORPORATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $28k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

COLOMA WATERVLIET AREA ECONOMIC DEVELOPMENT CORPORATION has grown faster than half of the 372 community improvement nonprofits its size.

Operating margin−9% · below the median
Months of reserve3.7mo · bottom quartile
Revenue growth (annualized)3% · above the median

this organization peer median middle 50% of peers· 372 community improvement nonprofits under $100k, FY2026

Organizations like COLOMA WATERVLIET AREA ECONOMIC DEVELOPMENT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Michigan

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 0%Fundraising 4%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MI

Screen this organization

A dated, signed PDF of the compliance screen for COLOMA WATERVLIET AREA ECONOMIC DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds COLOMA WATERVLIET AREA ECONOMIC DEVELOPMENT CORPORATION?
COLOMA WATERVLIET AREA ECONOMIC DEVELOPMENT CORPORATION (Michigan) receives grants from 2 organizations whose IRS filings report $27,578 to it, the largest being BERRIEN COMMUNITY FOUNDATION INC ($17,355). 2 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does COLOMA WATERVLIET AREA ECONOMIC DEVELOPMENT CORPORATION have?
IRS filings report 2 organizations giving $27,578 in grants to COLOMA WATERVLIET AREA ECONOMIC DEVELOPMENT CORPORATION, 2 of which have funded it in more than one year.
Who is the largest funder of COLOMA WATERVLIET AREA ECONOMIC DEVELOPMENT CORPORATION?
BERRIEN COMMUNITY FOUNDATION INC is the largest funder on record, with $17,355 in grants. The full list of funders is on this page.
How can an organization like COLOMA WATERVLIET AREA ECONOMIC DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2017–2026), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing