Michigan · Nonprofit
LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION
LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION (Michigan) receives grants from 7 organizations whose IRS filings report $1,157,374 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($1,000,000). 3 of them have funded it in more than one year, and 87% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $2.5M
- Funders on record
- 7
- Grants received
- $1.2M
- Net assets
- $4.8M
What Lake Superior Community Development Corporation does
Mission
Our mission is to empower native american communities by providing comprehensive financial services and resources that enhance economic self-sufficiency, asset building, and long-term stability through homeownership, entrepreneurship, and proactive community development. We are committed to fostering a supportive environment that drives economic growth while promoting energy efficiency, housing sustainability, and improved quality of life. By offering tailored financial education, access to capital, and strategic guidance, we strive to create opportunities for individuals and families to achieve lasting prosperity and economic independence.
As stated on its FY2025 Form 990.
Program
The organization provides lending, grant, and technical assistance programs designed to expand access to affordable housing, home repair financing, credit-building opportunities, and small business support for low-income individuals and communities. During the fiscal year, the organization brokered 12 home loans and 3 home improvement loans, closed 4 additional home loans through the usda ncdfi relending demonstration program, issued 10 credit builder loans, and issued 4 small business loans. The organization also provided asset training and technical assistance to help clients with low or no credit history better understand budgeting, banking, insurance, credit, and the home-buying process. Through its partnership with the federal home loan bank of indianapolis, the organization passed through two neighborhood impact program grants to low-income recipients for home maintenance and repair needs in communities vulnerable to weather-related damage, and one recipient received first-time homebuyer assistance through the homeboost program for first-generation homebuyers. These programs collectively supported the organization's mission of improving financial stability, increasing access…
$442,341 spentof which $37,512 as grants$281,201 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $442,341.
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.
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 $4.4M to $6.2M (+42%).
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.
Government-grant reliance: 2017 80% · 2018 21% · 2019 34% · 2020 23% · 2021 38% · 2022 51% · 2023 78% · 2024 75% · 2025 44%. Grants only. Government contracts and fees sit inside program revenue.
88% of LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (81% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
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.
Chief executive
Edward Edwards
Executive director
Board chair
Robert Curtis
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2020 → 2023: the base narrowed from 3 funders to 1 funder, grant income fell $107k → $23.
3 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 87% 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 LAKE SUPERIOR COMMUNITY 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
LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION leans on a few funders — its largest provides 86% of grant income and the top three 98%; 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 LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2020 94% · 2021 62% · 2022 50% · 2023 100% — growing more concentrated.
“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
87% of LAKE SUPERIOR COMMUNITY 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. Of the $151k that is directly attributable, 100% of it comes from funders outside Michigan, across 2 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.0M arriving through sponsors registered in 3 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.
Against its field
LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 6,891 human services nonprofits its size.
this organization peer median middle 50% of peers· 6,891 human services nonprofits $1M–$10M, FY2025
Government funding LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.9M on record.
- Department of the Treasury$2.9M
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 LAKE SUPERIOR COMMUNITY 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
60% of spending goes to programs.
Governance
Public support
82%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for LAKE SUPERIOR COMMUNITY 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.
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 LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION?
- LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION (Michigan) receives grants from 7 organizations whose IRS filings report $1,157,374 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($1,000,000). 3 of them have funded it in more than one year, and 87% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION have?
- IRS filings report 7 organizations giving $1,157,374 in grants to LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION, 3 of which have funded it in more than one year.
- Who is the largest funder of LAKE SUPERIOR COMMUNITY DEVELOPMENT CORPORATION?
- GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC is the largest funder on record, with $1,000,000 in grants. The full list of funders is on this page.
- How can an organization like LAKE SUPERIOR COMMUNITY 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.
Play a game about who funds Lake Superior Community Development →
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 7 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