Mackinac Economic Alliance
- Assets
- $89.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Ignace, MI
- Founding
- 05/2014
- Data as of
- 12/2021
- EIN
- 30-0759846
Organization Overview
Mackinac Economic Alliance is located in St Ignace, MI. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mackinac Economic Alliance is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Mackinac Economic Alliance generated $138.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $152.0k during the year ending 12/2021. While expenses have increased by 9.2% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO DESIGN AND IMPLEMENT STRATEGIES TO CREATE NEW BUSINESS AND EMPLOYMENT OPPORTUNITIES, AND TO PROVIDE ENTREPRENEURIAL ENCOURAGEMENT THROUGHOUT MACKINAC COUNTY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Ottaway Executive Di | 0 | $0 | |
Dean Reid Chairman | 0 | $0 | |
Chris Byrnes Director | 0 | $0 | |
Luke Paquin Treasurer | 0 | $0 | |
Amy Polk Secretary | 0 | $0 | |
Jim Clapperton Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,136 |
| Total Program Service Revenue | $6,546 |
| Membership dues | $0 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $390 |
| Total Revenue | $138,091 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $95,652 |
| Occupancy, rent, utilities, and maintenance | $13,091 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,269 |
| Total expenses | $152,012 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,299 |
| Other assets | $0 |
| Total assets | $88,969 |
| Total liabilities | $0 |
| Net assets or fund balances | $88,969 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mackinac Economic Alliance has recieved totaling $25.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
Peer Organizations
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|---|---|---|
Bronson South Haven Hospital Kalamazoo, MI | $45,465,190 | $38,417,378 |
Dave Thomas Foundation For Adoption Dublin, OH | $82,316,858 | $45,774,004 |
Wellpoint Care Network Inc Milwaukee, WI | $8,696,347 | $28,630,570 |
Applewood Centers Inc Shaker Heights, OH | $31,325,035 | $19,367,243 |
Truth For Life Solon, OH | $28,565,821 | $20,814,256 |
D A Blodgett-St Johns Grand Rapids, MI | $32,947,785 | $18,508,103 |
Michigan Nonprofit Association Lansing, MI | $6,155,794 | $10,465,564 |
Mareda Inc Toledo, OH | $0 | $769,242 |
Ohio Laborers Training And Apprenticeship Fund Westerville, OH | $24,371,350 | $8,394,060 |
Marshall-Starke Development Center Inc Plymouth, IN | $2,688,412 | $6,830,962 |
North Oakland Residential Services Inc Oxford, MI | $2,525,841 | $6,535,346 |
Greater Cleveland Sports Commission Cleveland, OH | $9,405,346 | $6,945,850 |