42 North Partners Company Profile | Management and Employees List The Jandernoa family would like to thank all of the staff and volunteers at Faith Hospice at Trillium Woods for their wonderful care and kindness. Regardingactivist investors who have bought shares of Perrigo stock in recent months and threatened to try to force change, he said, "John (Hendrickson) did a great job of outlining our plans and strategies and what our focus areas are. According to the Michigan Campaign Finance Network, Jandernoa gave $437,500 in the 2015 2016 election cycle (the 9th most in the state) to the Republican Party and he contributed $795,000 in the, Jandernoa also sits on the boards of numerous groups that are part of the Grand Rapids Power Structure, like the West Michigan Policy Forum, Talent 2025, Business Leaders for Michigan and. Extracted financial data is not available for this tax period, but Form 990 documents are available for download. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. Vine Line Produce Distribution, which operates from a facility at 1055 7 Mile Road NW, formed following a three-way merger orchestrated by 42 North Partners in 2019 that included Heeren Bros. Inc., Walsma & Lyons, and Vine Line Logistics LLC. Board of Directors - Community Schools - Kent School Services Network Jandernoa Name Meaning Historically, surnames evolved as a way to sort people into groups - by occupation, place of origin, clan affiliation, patronage, parentage, adoption, and even physical characteristics (like red hair). All Rights Reserved. 1 quesada.se; Lars Jedemark Senior Broker. The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. Steve is an active community volunteer and Board member of Artists Creating Together and Catholic Central High School. SIMILAR PROVIDERS . Like all members of the Grand Rapids Power Structure, the Jandernoa Foundation does two main things. Sweden View. First, this foundation funds the kinds of things that align with Jandernoas ideology, and second, his foundation provides funding to non-profits that offer charity-based solutions for people experiencing poverty. Now that we can see the ways in which Jandernoa works to influence economic policy and the political process in Michigan, lets look at how his foundation compliments these efforts. Following the example set by Mike and Sue and bolstered by their continued leadership, our team of experienced professionals focuses our efforts primari Contact Who is 42 North Partners Headquarters 42 North Partners - Overview, News & Competitors - ZoomInfo Following the example set by Mike and Sue and bolstered by their continued leadership, our team of experienced professionals focuses our efforts primarily in three areas: investments, entrepreneurship, and community. And in doing that, we've got more on our plate and I can't keep up my time on the board. In addition, Jandernoa serves as General Partner at Bridge Street Capital Fund I, L.P, where he sits on the Executive Committee with John Kennedy. Dr. Nathan Jandernoa, DDS, General Dentistry | Lansing, MI | WebMD a Partner in our family office. Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats. Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. The recent Vine Line deal expands FreshEdges footprint further in Michigan. Beyond his leadership at Perrigo, Mike is also the founder of both Jandernoa Entrepreneurial Mentoring, a business coaching initiative, and 42 North Partners, a family office focusing on investments, entrepreneurship, and community. His family firm 42 North Partners, takes its name from the 42nd parallel, which cuts across Lake Michigan into Grand Rapids and West Michigan. Strategic Communications Graduate Intern, Remote, Summer/Fall 2023 He holds an MBA from the University of Michigan. Steve Jandernoaisa Partner in our family office. He said European hotels are filled with American businessmen and women visiting to satisfy foreign incorporation rules. 27-year-old Jonathon Michael Lane. But unlike most workers at or near retirement age, he's not planning to take them fishing and he's not retiring. He is the Co- Founder of Grand Angels, LLC., which is another investment capital entity in Grand Rapids. Perrigo acquired the royalty stream as part of its $8.6 billion deal for. Following the example set by Mike and Sue and bolstered by their continued leadership, our team of experienced professionals focuses our efforts primarily in three areas: investments, entrepreneurship, and community. Danielle Jandernoa - Psychology Today The family will receive relatives and friends Thursday, September 29, from 2:00 to 4:00 p.m . Mike Jandernoa: The Wheelhouse Talks - Hauenstein Center for (Monroe County Sheriff's Office) MONROE COUNTY, Fla - A Monroe County Sheriff's Office deputy was arrested for DUI overnight Saturday after he was found . His pending departure will bring to a close Jandernoas 36-year tenure with Perrigo, where he served as CEO, chairman of the board and a director, and supported the companys transformation into a global player in pharmaceuticals. 42 North Partners invests in businesses in the Midwest. . 42 North Partners is part of the Finance industry, and located in Michigan, United States. (Image: Screengrab) In a virtual town hall last week, the CEO of a Utah-based digital marketing and technology company, who is forcing employees to return to . Office Locations: 171 Monroe Avenue, Suite 410 Grand Rapids, MI 49503 Phone: 616-325-2100 Stages: Early Middle Market Industries: Information Technology Life Sciences & Healthcare Description: 42 North Partners is a single-family office founded by Mike and Sue Jandernoa located in Grand Rapids, Michigan. ProPublica posts new tax forms as they are released by the IRS. Grand Rapids Institute for Information Democracy, Jandernoa is the former president of Perrigo. Foundation Watch: How the Jandernoa Foundation functions within the Following his tenure at Perrigo, Mr. Jandernoa founded Jandernoa Entrepreneurial Mentoring, a Grand Rapids-based company that provides mentors to assist entrepreneurs in growing their companies. Create a free account. Affordable one-bedroom apartments in the project will have an estimated rent starting at $352 per month, and affordable two-bedroom units will start at $422. 1 bergmankjellberg.com; Charlotta Magnusson Client Relationship Manager. "We've got so many plans invested in Allegan and hundreds of millions of dollars invested here," he said. Jandernoa Foundation - Nonprofit Explorer - ProPublica Nonprofit Explorer Research Tax-Exempt Organizations JANDERNOA FOUNDATION GRAND RAPIDS, MI 49503-2634 | Tax-exempt since Jan. 1993 EIN:. The University of Michigan Office of Development 3003 South State . Latinx/e Community Advocate and Latino Community Coalition, Trustee Our values have inspired us to support entrepreneurship and a wide variety of non-profit and community-based initiatives throughout our home state. Jandernoa retired as CEO of Perrigo in 2000 and from the board in 2017. 171 Monroe Avenue, Suite 410 FreshEdge is composed of a growing family of produce and specialty food companies. It expands our presence in the upper Midwest and Michigan, which have always been areas of interest for our family of companies, he added. Get the complete investment team + individual email addresses for investment team partners. "It's fun. Market-rate one-bedroom units will be $1,400 a month, and two-bedrooms will be $1,650. The Disney Accelerator is designed to accelerate business development opportunities with growth-stage startups from around the world. Its a lot of time and Im so blessed to have been involved with Perrigo for this time.. The films span five . Mel Atkins II Since the company was reincorporated in Dublin, Ireland, in 2013 to take advantage of its lower corporate tax rate, the board is required to hold 80 percent of its meetings there. As one can see, the Jandernoa Foundation fully complements the more overt political and economic ways that Michael Jandernoa uses his money to influence public policy. Today, Jandernoa finds his time divided between 42 North Partners, service on boards for a number of organizations and local businesses including Business Leaders for Michigan and the West Michigan Policy Forum, and his duties as a Perrigo director. Gratitude is also extended for the love, prayers and support that has been provided by family and friends. According to the Michigan Campaign Finance Network, Jandernoa gave $437,500 in the 2015 2016 election cycle (the 9th most in the state) to the Republican Party and he contributed $795,000 in the 2017 2018 election cycle, most notably to candidates from the Greater Grand Rapids area, like State Senator Peter MacGregor. This data release includes only a subset of what can be found in the full Form 990s. "and I'm a very lucky guy. Michael Jandernoa has been the CEO of numerous companies in West Michigan over the years, such a Perrigo and 42 North Partners. Click here to sign in or get access. You can find other locations and directions on Sharecare. * Officer compensation may be included in charitable disbursements, so values may add up to greater than 100%. And he says the company has some of the most skilled and competent workers in the world. Company: Bridge Street Capital Partners, LLC Position: Co-founder and partner Age: 59 Birthplace: Detroit Residence: West Olive Family/Personal: Wife Sue; three sons, age 27 . He has high praise for Hendrickson, a 27-year veteran of the company who took over after former CEO Joe Papa departed earlier this year. Access lists of funders based on detailed search criteria and other features such as: Copyright 2023 Candid. . Three years later, Perrigo became a public company. Amy Lake Personal Assistant / Grant Coordinator. (He has not put his name up for re-election.). If you would like us to contact you for follow up, please include your name and e-mail address and we will be in touch. 42 North Partners acquired Heeren Bros Inc. in 2015 from the Heeren family, which founded the company in 1933. Steve Jandernoa Partner. Sue Jandernoa Founder . Dr. Nathan Jandernoa, DDS, Dentistry Practitioner - Lansing, MI | Sharecare Support the Michigan business and entrepreneurial community and collaborate with nationwide entrepreneurial programs, Dont let short-term desires distract from long-term objectives, Engage deeply; be recognized for collaboratively offering time and talent, Do what you say you are going to do, when you say you will, Be a team player; place our shared fate above personal ambition, 42 North Partners | Site by BrightBridge Studios. Jandernoa withdraws from Perrigo after 36 years, will focus on family Like all members of the Grand Rapids Power Structure, the Jandernoa Foundation does two main things. Carl Jandernoa Partner. The past chairman and chief executive officer of the store-brand products maker praises the skill and competence of company CEO John Hendrickson. During his time at the helm, Mr. Jandernoa took Perrigo from a privately held $30 million company to a $2.5 billion publicly-traded firm. In addition, by contributing to groups like Mel Trotter Ministries and Kids Food Basket, the Jandernoa Foundation can count on these same organizations to not challenge or resist the ways in which Jandernoa influences public policy, which ultimately leads to the creation of poverty and hunger. Jandernoa was born in Detroit, spent the early years of his life in tiny Pewamo in Ionia County and relocated to the Grand Rapids area at age 14. His previous experiences include being the President of Vine Line Group, the Chief Financial Officer of Heeren companies, and working as a CPA at Ernst & Young and KPMG. Please verify insurance information directly with your doctor's office as it may change frequently. Sue Jandernoa is driven by a passion for education and 30 years of teaching experience. When William Paul Jandernoa was born on 17 August 1930, in Pewamo, Ionia, Michigan, United States, his father, Tony Anthony Vincent Jandernoa, was 38 and his mother, Elisabeth Anthonia Francisca Beauchampet, was 38. . Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 4/4/2023), Privacy Policy and Cookie Statement, and Your Privacy Choices and Rights (updated 1/26/2023). Our Team - 42 NP This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly. 42 North Partners is a single-family office founded by Mike and Sue Jandernoa located in Grand Rapids, Michigan. See the list , The data powering this website is available programmatically, via an API. Michael J. Jandernoa Michael (Mike) Jandernoa is a graduate of the University of Michigan. 42 North Partners is a single-family office founded by Mike and Sue Jandernoa located in Grand Rapids, Michigan. His previous experiences include being the President of Vine Line Group, the Chief Financial Officer of Heeren companies, and working as a CPA at Ernst & Young and KPMG. Perrigo acquired the royalty stream as part of its $8.6 billion deal for Elan Corp. plc in 2013, in which it re-domiciled to Dublin. It has not been an easy decision, said Jandernoa, one of the longest-serving directors at a West Michigan-based corporation. Mike Jandernoa helped lead pharmaceutical maker Perrigo through a growth period in which the company expanded its workforce from 300 to 13,000 people and saw its sales balloon from $30 million to $5.35 billion. leave behind at sdo staples - pleasanttownship.org That exceeded the average of expectations of 15 financial analysts surveyed by Zacks Investment Research of $1.59 per diluted share. In addition to making significant profits for the shareholders of these companies, Jandernoa has been deeply involved in furthering the political ideology of the Capitalist Class. 42 North Partners invests in companies in the Midwest and has seen investment prospects and acquisitions growing like crazy, all of which required more of his time. Jandernoa is the former president of Perrigo. Carl Jandernoa has been working as a Partner at 42 North Partners for 12 years. Deputy CountyAdministrator, Kent County He said he was very surprised that Donald Trump won last Tuesday's presidential election. Mike Jandernoa is the former board chairman and CEO of Perrigo Co., as well as a mentor to Michigan entrepreneurs and an emeritus member of the Business Leaders for Michigan. Attorney, Miller Johnson, Trustee Greater Grand Rapids Economic Development - The Right Place, Carl Jandernoa - Partner - 42 North Partners - LinkedIn, Displaying items tagged: 42 North Partners LLC - MiBiz: West Michigan Business News. The seller in the deal was 42 North Partners, a Grand Rapids-based family office founded and led by former Perrigo CEO Mike Jandernoa and his family. Service. The following data is for 2015 2017, based on the 990 documents we obtained from Guidestar, for the Michael and Susan Jandernoa Foundation. 12.901 (b) (2) Petition for Dissolution of Marriage with Property but No Dependent or Minor Child (ren) Download: Type: Petition. The board has five or six regularly scheduled meetings each year and others are called as needed to discuss acquisitions or other major developments. Trustee 42 North Partners is a single-family office founded by Mike and Sue Jandernoa located in Grand Rapids, Michigan. His son Rob Jandernoa, 36, is involved in various entrepreneurial efforts. Rob Jandernoa Partner. He said companies that compete on a global basis are forced to grow their businesses overseas because U.S. taxes put them at a cost disadvantage here. Jandernoa plans to step away from the company to dedicate more time to running 42 North Partners LLC, the family office he formed five years ago in Grand Rapids. R-Rated Movies That Broke the Box Office - 24/7 Wall St. In recent years, Jandernoa has been involved with 42 North Partners, which he created with his wife Sue. Jandernoa plans to step away from the company to dedicate more time to running 42 North Partners LLC, the family office he formed five years ago in Grand Rapids. . The firm also makes investments in funds. Some of that money has gone to Catholic entities, since Jandernoa himself is a Catholic. Phone: 616-325-2100. He is married to Holly, and they are parents to four awesome sons. Adjusted for one-time events, the company saw net income of $236million and adjusted net earnings per fully diluted share of $1.65. Perrigo executives bought back the company in another management-led leveraged buyout in 1988, the same year Jandernoa became CEO. Aquinas College - $50,000; Catholic Central High School - $150,000; Diocese of Grand Rapids - $80,000 Ken Fawcett He said he wants to spend more time with his children. This article is available to paid digital subscribers. Including travel, each of those trips consumes about four days Jandernoa said. The Internal Revenue Service is substantially delayed in processing and releasing nonprofit filings, so documents available here may not be the most recent an organization has filed. Navigate all the resources featured in the Landscape Guide by geographic location, industry sector, and organization type. We get to invest in things in West Michigan," Michael Jandernoa said. The program begins in the summer and concludes with a Demo Day in the fall. He is also a co-founder of Bridge Street Capital Partners, also in Grand Rapids, which provides strategic planning, mentoring management, and sourcing appropriate forms of capital, and he is a founder and board member of the West Michigan-based Grand Angels. President, Grand Rapids Community Foundation, Trustee Community Rules apply to all content you upload or otherwise submit to this site. He is the former CEO and chairman of Perrigo Company. "The workforce is outstanding, knowledgeable and skilled and is critical to our company.". "Two years go they started coming home," he said. Jandernoa's sons have various roles in 42 North Partners, a private equity firm started by him and his wife Sue about eight years ago that has several involvements, including venture capital investments, various entrepreneurial efforts, acquisitions, a CEO mentoring service, and community-based initiatives. Perrigo in good hands says longtime board member Michael Jandernoa - mlive "The facilities In Allegan are competitive with anything else in the world," he said. Company management said it expects full-year earnings in the range of $6.85 to $7.15 per share. Trustee Student Academic Success & Well Being District Coordinator, Grandville Public Schools His previous experiences include being the President of Vine Line Group, the Chief Financial Officer of Heeren companies, and working as a CPA at Ernst & Young and KPMG. ALPINE TWP. Grant Information Last Updated: Partner - Wictor Holding AB - Rdgivare and Client Executive at Wictor Family Office. Kevin Polston Diana Sieger We are fully behind John and his plan and his ideas.". This foundation has just over $16 million in assets, according to Guidestar. The ideologically driven funding that the Jandernoa Foundation provides goes to the following entities: All of the above entires either are designed to either; 1) influence educational outcomes Catholic Central, Calvin Theological Seminary, GVSU and the Grand Rapids Students Advancement Foundation; 2) Pro-capitalist practices Junior Achievement, Grand Action and Start Garden Foundation, or 3) public policy outcomes Mackinac Center for Public Policy and the Great Lakes Education Foundation. Hendrickson expects the review of Tysabri as well as other business units to be complete by the end of the first quarter of 2017. Twitter: @masanche. But he hopes the businessman fulfills statements he has made to dramatically lower the U.S. corporate tax rate. "I think the beauty of what we've got on the board is we've got a lot of members with long service who know and appreciate the hometown and the core manufacturing and production of Allegan, Mich.," said Jandernoa. This internship is a remote position and requires a working, reliable internet connection as well as a quiet, dedicated workspace. Jandernoa plans to step away from the company to dedicate more time to running, Under his leadership, Perrigo was sold in 1986 to a New York City-based company, the, Today, Jandernoa finds his time divided between 42 North Partners, service on boards for a number of organizations and local businesses including, Perrigo reported the loss and impairment charges while announcing that it was exploring strategic alternatives for the royalty rights to the multiple sclerosis drug Tysabri.