Skip to content

Michigan · Nonprofit

KEWEENAW ECONOMIC DEVELOPMENT ALLIANCE

KEWEENAW ECONOMIC DEVELOPMENT ALLIANCE (Michigan) receives grants from 1 organization whose IRS filings report $1,000 to it, the largest being THE FB HERON FOUNDATION ($1,000). 1 of them have funded it in more than one year.

Revenue FY2025
$518k
Funders on record
1
Grants received
$1k
Net assets
$951k
1/1 repeat funderspeak grant-dependency 0%
01What it does

What Keweenaw Economic Development Alliance does

Mission

Our mission is to engage community leadership to start, retain, grow and attract companies that will increase the wealth of the region through a holistic and collaborative strategy that builds on the assets and opportunities present in the region.

As stated on its FY2025 Form 990.

Programs

  1. Fostering business growth including over for small business outreach to 1,000+ businesses. Made and processed 303 applications for michigan small business relief grants and loans and michigan restart grants - 60% of time/expenses

    $139,654 spent
    96% of program spending
  2. Revitalizing communities including work with houghton county landbank, stabilization of buildings in calumet and redevelopment projects in various communities

  3. Retaining and attracting talent including the award of nine 500 scholarships to graduating seniors pursuing a skilled trade program

    $6,306 spent
    4% of program spending
  4. Other includes infrastructure development, enhancing cultural and recreation opportunities, fundraising, and administration

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $145,960.

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 ($169k) Expenses 100 ($189k) Net assets 100 ($333k)2018 Revenue 88 ($149k) Expenses 66 ($124k) Net assets 108 ($358k)2019 Revenue 81 ($137k) Expenses 78 ($147k) Net assets 105 ($348k)2020 Revenue 96 ($163k) Expenses 100 ($190k) Net assets 96 ($321k)2021 Revenue 102 ($173k) Expenses 82 ($156k) Net assets 102 ($338k)2022 Revenue 106 ($179k) Expenses 79 ($150k) Net assets 110 ($368k)2023 Revenue 139 ($236k) Expenses 105 ($197k) Net assets 122 ($406k)2024 Revenue 309 ($522k) Expenses 124 ($235k) Net assets 210 ($699k)2025 Revenue 306 ($518k) Expenses 141 ($266k) Net assets 286 ($951k)
'17'18'19'20'21'22'23'24'25
Revenue (306)Expenses (141)Net assets (286)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 2024 to 2025, from $699k to $993k (+42%).

$351k
$361k
$348k
$321k
$373k
$403k
$445k
$699k
$993k
'17'18'19'20'21'22'23'24'25
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
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 11% · 2024 16% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

75% of KEWEENAW ECONOMIC DEVELOPMENT ALLIANCE’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

−$20k
’17
$25k
’18
−$10k
’19
−$27k
’20
$17k
’21
$30k
’22
$38k
’23
$288k
’24
$251k
’25
29
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

Andrew Lahti

Keda chair

As listed on its FY2025 Form 990.

202320242025
Listed171718
Joined·+0+8
No longer listed·07
03Who funds it

Who funds it, year by year

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

Funder
'21
'24*
total
funders
1
1

From the IRS filings of KEWEENAW ECONOMIC DEVELOPMENT ALLIANCE’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.

Where its funders are

KEWEENAW ECONOMIC DEVELOPMENT ALLIANCE draws 100% of its grant income from funders outside Michigan, across 1 state in all.

CT

Funder states come from each funder’s own filing. 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

KEWEENAW ECONOMIC DEVELOPMENT ALLIANCE runs a healthier operating margin than three-quarters of the 7,175 community improvement nonprofits its size.

Operating margin49% · top quartile
Months of reserve28.8mo · top quartile
Revenue growth (annualized)15% · above the median

this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025

Government funding KEWEENAW ECONOMIC DEVELOPMENT ALLIANCE receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $200k on record.

Federal$200k
grants $200kcontracts $0
23
25
Top agencies
  • Department of Agriculture$200k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like KEWEENAW ECONOMIC DEVELOPMENT ALLIANCE

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

55% of spending goes to programs.

Program 55%Management 45%Fundraising 0%

Governance

12
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

83%

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

Screen this organization

A dated, signed PDF of the compliance screen for KEWEENAW ECONOMIC DEVELOPMENT ALLIANCE: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 KEWEENAW ECONOMIC DEVELOPMENT ALLIANCE?
KEWEENAW ECONOMIC DEVELOPMENT ALLIANCE (Michigan) receives grants from 1 organization whose IRS filings report $1,000 to it, the largest being THE FB HERON FOUNDATION ($1,000). 1 of them have funded it in more than one year.
How many funders does KEWEENAW ECONOMIC DEVELOPMENT ALLIANCE have?
IRS filings report 1 organization giving $1,000 in grants to KEWEENAW ECONOMIC DEVELOPMENT ALLIANCE, 1 of which have funded it in more than one year.
Who is the largest funder of KEWEENAW ECONOMIC DEVELOPMENT ALLIANCE?
THE FB HERON FOUNDATION is the largest funder on record, with $1,000 in grants. The full list of funders is on this page.
How can an organization like KEWEENAW ECONOMIC DEVELOPMENT ALLIANCE 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.

Play a game about who funds Keweenaw Economic Development Alliance →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 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 14, 2026. What this page cannot tell you · view filing