Michigan Infrastructure & Transportation Association Inc
- Assets
- $7.7m
- Revenue
- $4.0m
- Investments
- $1.6m
- Employees
- 12
- Location
- Okemos, MI
- Founding
- 12/2005
- Data as of
- 12/2021
- 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 12/2021, Michigan Infrastructure & Transportation Association Inc employed 12 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 12/2021, Michigan Infrastructure & Transportation Association Inc generated $4.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $3.7m during the year ending 12/2021. 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
2021
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.
INDUSTRY WIDE COMMUNICATION INCLUDING EDUCATION, TRAINING, PROGRAMS, AND SPECIFICATIONS
INDUSTRIAL LABOR CONTRACT NEGOTIATIONS
LOBBYING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Nystrom Executive Vp/secretary Thru Oct 2021 | Officer | 45 | $436,903 |
Robert Coppersmith Jr VP Member Services | Officer | 45 | $213,811 |
Lance Binoniemi VP Government Affairs | Officer | 45 | $171,042 |
Glenn Bukowski VP Engineering Services | Officer | 45 | $155,072 |
Rachelle Vandeventer VP Industry Relations | Officer | 45 | $117,302 |
Troy Broad Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $185,720 |
| Fundraising events | $46,775 |
| Related organizations | $0 |
| Government grants | $45,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $103,450 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $380,945 |
| Total Program Service Revenue | $3,100,574 |
| Investment income | $30,773 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $92,846 |
| Net Gain/Loss on Asset Sales | $107,578 |
| Net Income from Fundraising Events | $11,897 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,417 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,965,600 |
| 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. | $1,257,200 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $490,000 |
| Pension plan accruals and contributions | $44,269 |
| Other employee benefits | $73,490 |
| Payroll taxes | $97,960 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,592 |
| Fees for services: Accounting | $13,133 |
| Fees for services: Lobbying | $54,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,029 |
| Advertising and promotion | $16,048 |
| Office expenses | $74,581 |
| Information technology | $7,289 |
| Royalties | $0 |
| Occupancy | $227,358 |
| Travel | $48,668 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $151,591 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $167,369 |
| Insurance | $0 |
| All other expenses | $132,425 |
| Total functional expenses | $3,688,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $442,978 |
| Savings and temporary cash investments | $1,805,875 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $205,012 |
| 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 | $142,609 |
| Net Land, buildings, and equipment | $3,457,094 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,632,804 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,446 |
| Total assets | $7,688,818 |
| Accounts payable and accrued expenses | $103,544 |
| Grants payable | $0 |
| Deferred revenue | $330,820 |
| 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 | $0 |
| Total liabilities | $434,364 |
| Net assets without donor restrictions | $7,213,849 |
| Net assets with donor restrictions | $40,605 |
| 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 | $7,688,818 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Michigan Infrastructure & Transportation Association Inc has recieved totaling $11,000.
| Awarding Organization | Amount |
|---|---|
Laborers Local 1076 Employers Cooperation And Education Tr Pontiac, MI PURPOSE: MULTIPLE CONFERENCE AND EVENT SPONSORSHIPS | $11,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Michigan Infrastructure & Transportation Association Inc Okemos, MI | $7,688,818 | $3,965,600 |
Exemplar Global Inc Milwaukee, WI | $1,712,970 | $3,279,996 |
Quarter Horse Racing Association Of Indiana Inc Shelbyville, IN | $766,842 | $1,136,886 |
Ohio Energy Group Cincinnati, OH | $59,855 | $1,023,895 |
Alliance For Flexible Polyurethane Foam Inc Rochester Hills, MI | $2,706,226 | $1,248,796 |
Enterprise Group Of Jackson Inc Jackson, MI | $1,250,029 | $916,542 |
Collegiate & Professional Sports Dietitians Association Bloomington, IN | $1,664,638 | $932,926 |
Detroit Area Commercial Board Of Realtors Inc Grand Blanc, MI | $597,595 | $554,174 |
International Order Of The Golden Rule Indianapolis, IN | $1,853,090 | $689,683 |
Onechiropractic Inc New Albany, OH | $40,759 | $592,870 |
Michigan Economic Development Foundation Okemos, MI | $1,060,409 | $613,109 |
Great Lakes Sports Commission Lansing, MI | $9,033,304 | $194,911 |