Greater Munsing Bay Partnership Commerce Development

Organization Overview

Greater Munsing Bay Partnership Commerce Development is located in Munising, MI. The organization was established in 2013. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Greater Munsing Bay Partnership Commerce Development employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Munsing Bay Partnership Commerce Development 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 06/2023, Greater Munsing Bay Partnership Commerce Development generated $263.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $264.3k during the year ending 06/2023. While expenses have increased by 6.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO ADVANCE AND PROMOTE SOCIAL AND ECONOMIC DEVELOPMENT THROUGHOUT ALGER COUNTY, MICHIGAN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY EVENTS TO PROMOTE SOCIAL AND ECONOMIC DEVELOPMENT


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Board, Officers & Key Employees

Name (title)Compensation
Larry Baur
Co-Chair
$0
Jared Bowerman
Member
$0
Renee Bowerman
Member
$0
Amber Curtis
Chair
$0
John Deisenroth
Member
$0
Zack Eckert
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $120,467
All other contributions, gifts, grants, and similar amounts not included above$6,500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$126,967
Total Program Service Revenue$105,902
Investment income $451
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $29,281
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $263,611

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