Michigan Infrastructure & Transportation Association Inc
- Assets
- $7.4m
- Revenue
- $4.6m
- Investments
- $1.4m
- Employees
- 13
- Location
- Okemos, MI
- Founding
- 12/2005
- Data as of
- 12/2022
- EIN
- 20-2098366
Organization Overview
Michigan Infrastructure & Transportation Association Inc is located in Okemos, MI. The organization was established in 2005. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Michigan Infrastructure & Transportation Association Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Infrastructure & Transportation Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Michigan Infrastructure & Transportation Association Inc generated $4.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $4.7m during the year ending 12/2022. While expenses have increased by 1.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO REPRESENT THE COLLECTIVE CONCERNS OF ROAD & UNDERGROUND CONSTRUCTION WORKERS AND CONTRACTORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES: CONFERENCES, PUBLIC RELATIONS, SAFETY CAMPAIGNS.
LOBBYING
INDUSTRY WIDE COMMUNICATION INCLUDING EDUCATION, TRAINING, PROGRAMS, AND SPECIFICATIONS
INDUSTRIAL LABOR CONTRACT NEGOTIATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pat Dunigan Past President | Trustee | 1 | $0 |
Jw Fisher President | OfficerTrustee | 1 | $0 |
Troy Broad President-Elect | OfficerTrustee | 1 | $0 |
Jack Dykstra Vp/treasurer | OfficerTrustee | 1 | $0 |
Aden Shea Director | Trustee | 1 | $0 |
Todd Schrader Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $265,960 |
| Fundraising events | $35,475 |
| Related organizations | $0 |
| Government grants | $30,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $206,372 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $537,807 |
| Total Program Service Revenue | $3,681,967 |
| Investment income | $26,069 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $108,555 |
| Net Gain/Loss on Asset Sales | -$47,087 |
| Net Income from Fundraising Events | $25,049 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$3,838 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,553,549 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $871,942 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $807,357 |
| Pension plan accruals and contributions | $88,342 |
| Other employee benefits | $86,699 |
| Payroll taxes | $100,250 |
| Fees for services: Management | $0 |
| Fees for services: Legal | -$2,071 |
| Fees for services: Accounting | $34,050 |
| Fees for services: Lobbying | $74,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,426 |
| Advertising and promotion | $18,241 |
| Office expenses | $84,126 |
| Information technology | $26,194 |
| Royalties | $0 |
| Occupancy | $235,492 |
| Travel | $69,557 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $475,458 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $151,433 |
| Insurance | $0 |
| All other expenses | $151,611 |
| Total functional expenses | $4,671,575 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $242,251 |
| Savings and temporary cash investments | $1,865,516 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $231,217 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $203,679 |
| Net Land, buildings, and equipment | $3,322,088 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,446,933 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $55,511 |
| Total assets | $7,367,195 |
| Accounts payable and accrued expenses | $43,915 |
| Grants payable | $0 |
| Deferred revenue | $374,469 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $27,989 |
| Total liabilities | $446,373 |
| Net assets without donor restrictions | $6,882,607 |
| Net assets with donor restrictions | $38,215 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,367,195 |