NORTHERN ECONOMIC INITIATIVES CORPORATION

MARQUETTE, MI | Marquette County
Economic Development
NORTHERN ECONOMIC INITIATIVES CORPORATION
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As of , this nonprofit no longer meets findCRA's qualification requirements and will no longer appear in CQ search results.

Reason for disqualification:

Overview

NORTHERN ECONOMIC INITIATIVES CORPORATION
38-3024786
1401 PRESQUE ISLE AVE
MARQUETTE, MI 49855
Marquette County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Economic Development
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • CDFI Award Recipient
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
S32

S - Community Improvement, Capacity Building

Rural Economic Development

Organizations that provide technical assistance, venture capital, loans, loan guarantees or other forms of management support to encourage the establishment and growth of business and industry in rural areas.

IRS Activity Codes info
403
Attracting new industry or retaining industry in an area
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813410
Civic and Social Organizations

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
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
YearAmountProgramAwardee Name
2017 $686,500 CDFI Financial Assistance open_in_new Northern Economic Initiatives Corporation

Includes CDFI Fund awards granted between January 2013 and December 2023

HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
-
Revenue
-
Assets
-

Not reported by IRS.


The income, revenue, and assets information was not included on this nonprofit's most recent tax filing or the nonprofit has not yet filed its first tax return.

IRS Business Master File Details info

As of March 2025
Exempt Ruling Date info
Not reported
Deductibility Status info
Not reported
Last Tax Filing info
Not required to file by IRS
Organization Type info
Not reported
Organization Tax Filing Status info
Not reported
Foundation Tax Filing Status info
Not reported
Affiliation Classification info
Not reported
Basis for Foundation/Public Charity Status info
Not reported

IRS Publication 78 Details info

As of March 2025
Verified in Publication 78 info
No
Deductibility Limitation info
Not reported
Organization Description info
Not reported

IRS Form 990 Returns info

Through December 2024
Tax period ending in
2018-12
PDF
990
PDF
990-T
E-File
990
XML
990
Tax period ending in
2017-12
PDF
990
PDF
990-T
E-File
990
XML
990
Tax period ending in
2016-12
PDF
990
E-File
990
XML
990

Nonprofit Location

Physical Address info
1401 PRESQUE ISLE AVE
MARQUETTE, MI 49855
Marquette County
Area Type info
Micropolitan Statistical Area
FIPS Geocoded Address info
NA
MSA/MD info
26
State info
103
County info
0005.00
Tract info
Middle
Income Level info
Core-Based Statistical Area info
32100 - Marquette, 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 18.30%
FFIEC Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
0005.00 Marquette County
Population
Total Population 1,262 66,430
Total Households 64 27,887
Income
Median Income* $66,667 $64,675
Median Family Income (2024 FFIEC est.) $78,300 $79,800
Tract Income Percentage 105.75% N/A
Below Poverty Level 58.0% 13.6%
Unemployment Level 8.4% 4.9%
Housing
Total Housing Units 75 33,553
Total Owner-Occupied Units 32.0% 71.2%
Total Renter-Occupied Units 53.3% 28.8%
Total Vacant Units 14.7% 5%
* 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 2023 American Community Survey.
View more than 200 performance context data points for this county now.

Management

15
Total Voting Members
in Governing Body info
14
Independent Voting Members
in Governing Body info
Tax Filing Signatory info
Charles H Hurst
(906) 228-5571
Principal Officer info
Dennis J West
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 2018-12.

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.