From public IRS filings
SOUTHWEST MICHIGAN FIRST CORPORATION
KALAMAZOO, MI · Community Improvement
Mission
TO SERVE AS A REGIONAL ECONOMIC DEVELOPMENT ORGANIZATION FOR SOUTHWEST MICHIGAN.
Financials (IRS Form 990)
Total revenue
$6.8M
Total expenses
$6M
Total assets
$9.2M
Program expense ratio
6470%
Source: IRS Form 990, tax year 2024.
Who funds SOUTHWEST MICHIGAN FIRST CORPORATION
$1.6M in foundation grants on record from 10 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| Drive for Life | $416K | 7 |
| Bronson Healthcare Group | $240K | 3 |
| Borgess Health Alliance | $60K | 2 |
| Ascension Borgess Hospital | $35K | 1 |
| Charities Aid Foundation America | $22K | 2 |
| American Online Giving Foundation | $20K | 1 |
| Credit Unions Chartered in the State of Michigan | $10K | 1 |
| Kalamazoo Community Foundation | $7K | 1 |
Leadership
JONAS PETERSON — CHIEF EXECUTIVE OFFICER (Principal officer)
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