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Filing year 2024

SOMERSET COLLECTION CHARITABLE FOUNDATION

Troy, Michigan·EIN 20-0669940·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$492k
Total assets
$647k
Total expenses
$220k
Reported officers
5
Mission

THE ORGANIZATION WILL UNDERTAKE NUMEROUS ACTIVITIES TO RAISE FUNDS IN ORDER TO DISTRIBUTE THE NET PROCEEDS TO OTHER TAX-EXEMPT ORGANIZATIONS, PRIMARILY IN THE STATE OF MICHIGAN.

Reported officers (all unpaid)

No paid executives reported in 2024. SOMERSET COLLECTION CHARITABLE FOUNDATION reported 5 unpaid officers and board members on its 990.

President
Director
Ass. Vice PR
Ass. Vice PR
Secretary/tr
Financial trend

Revenue and expenses over time

SOMERSET COLLECTION CHARITABLE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$111k
$290k
2023
$492k
$220k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Michigan

SOMERSET COLLECTION CHARITABLE FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Michigan earns a median of $26,189.

25th percentile
$10k
Median
$26,189
75th percentile
$77k
90th percentile
$151k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 489 organizations across 489 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Michigan
FAQ

Common questions about SOMERSET COLLECTION CHARITABLE FOUNDATION

What are SOMERSET COLLECTION CHARITABLE FOUNDATION's revenue and expenses?

In 2024, SOMERSET COLLECTION CHARITABLE FOUNDATION reported $492k in total revenue and $220k in total expenses on its IRS Form 990.

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