Mackinac Economic Alliance
- Assets
- $81.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Ignace, MI
- Founding
- 05/2014
- Data as of
- 12/2023
- 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 12/2023, Mackinac Economic Alliance generated $109.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $108.6k during the year ending 12/2023. While expenses have increased by 3.2% per year over the past 5 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
2023
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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Ottaway Executive Di | 1 | $0 | |
Chris Byrnes Director | 40 | $87,467 | |
Dean Reid Chairman | 1 | $0 | |
Cheryl Schlehuber Vice-Chairma | 1 | $0 | |
Amy Polk Secretary | 1 | $0 | |
Luke Paquin Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,068 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $30 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $109,098 |
| 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 | $96,455 |
| Occupancy, rent, utilities, and maintenance | $6,759 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,381 |
| Total expenses | $108,595 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,231 |
| Other assets | $0 |
| Total assets | $81,021 |
| Total liabilities | $0 |
| Net assets or fund balances | $81,021 |