CADILLAC INDUSTRIAL FUND INC

CADILLAC, MI | Wexford County
Revitalization/Stabilization

Overview

CADILLAC INDUSTRIAL FUND INC
38-6093734
222 N LAKE ST
CADILLAC, MI 49601
Wexford County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Revitalization/Stabilization
Nonprofit location info
  • LMI Census Tract
  • Opportunity Zone
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
-

Not reported

IRS Activity Codes info
403
Attracting new industry or retaining industry in an area
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
-
Not reported

CRA Alignment

CRA Category info
Revitalization/Stabilization
Community and economic development in distressed, underserved or disadvantaged areas.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$1.7K
Revenue
$1.7K
Assets
$252.2K

IRS Business Master File Details info

As of August 2024
Exempt Ruling Date info
1954-12
Deductibility Status info
Not Deductible
Last Tax Filing info
2024
Organization Type info
Corporation
Organization Tax Filing Status info
990 - Required to file Form 990-N - Income less than $25,000 per year
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
All organizations except 501(c)(3)

IRS Publication 78 Details info

As of August 2024
Verified in Publication 78 info
No
Deductibility Limitation info
Not reported
Organization Description info
Not reported

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2023-02
Tax period ending in
2022-02
Tax period ending in
2021-02
Tax period ending in
2020-02
Tax period ending in
2019-02
Tax period ending in
2018-02
Tax period ending in
2017-02

Nonprofit Location

Physical Address info
222 N LAKE ST
CADILLAC, MI 49601
Wexford County
Area Type info
Micropolitan Statistical Area
FIPS Geocoded Address info
NA
MSA/MD info
26
State info
165
County info
3807.00
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
15620 - Cadillac, MI
Combined Statistical Area info
Not located in a CSA.
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 10.54%
FFIEC Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
3807.00 Wexford County
Population
Total Population 2,771 33,766
Total Households 1,222 13,167
Income
Median Income* $41,122 $58,652
Median Family Income (2024 FFIEC est.) $78,300 $78,300
Tract Income Percentage 65.22% N/A
Below Poverty Level 29.5% 13.3%
Unemployment Level 5.7% 6.3%
Housing
Total Housing Units 1,379 16,478
Total Owner-Occupied Units 48.7% 80.8%
Total Renter-Occupied Units 39.9% 19.2%
Total Vacant Units 11.4% 10.9%
* Census Tract Median Income based on 2020 Tract Median Family Income as reported in the 2024 FFIEC Census Flat File. County Income based on Median Household Income as reported in the 2022 American Community Survey.
View more than 200 performance context data points for this county now.

Management

7
Total Voting Members
in Governing Body
info
7
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Pete Stalker
(231) 775-8588
Principal Officer info
Mike Hamner
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2023-02.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.