Arc Michigan Inc
- Assets
- $1.2m
- Revenue
- $5.7m
- Investments
- $0.0
- Employees
- 53
- Location
- Lansing, MI
- Founding
- 02/1953
- Data as of
- 12/2023
- EIN
- 38-1536920
Organization Overview
Arc Michigan Inc is located in Lansing, MI. The organization was established in 1953. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Arc Michigan Inc employed 53 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Arc Michigan Inc 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, Arc Michigan Inc generated $5.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $5.6m during the year ending 12/2023. While expenses have increased by 6.8% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ARC MICHIGAN EMPOWERS LOCAL CHAPTERS TO ASSURE THAT CITIZENS WITH DISABILITES AND THEIR FAMILIES PARTICIPATE FULLY IN AND CONTRIBUTE TO THE LIFE OF THEIR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT AND COORDINATION OF PROGRAMS FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES AND THEIR FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherri Boyd Executive Director | Officer | 36 | $152,250 |
Jamie Junior Director | Trustee | 2 | $0 |
Phyllis Clark Director | Trustee | 2 | $0 |
Maria Messina Wiersma Past President | Trustee | 2 | $0 |
Anissa Goodno Director | Trustee | 2 | $0 |
Katherine Mills Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $41,750 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,535,774 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,554 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,610,078 |
| Total Program Service Revenue | $15,050 |
| Investment income | $64,566 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,689,694 |
| 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. | $182,846 |
| Compensation of current officers, directors, key employees. | $9,639 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,773,233 |
| Pension plan accruals and contributions | $44,226 |
| Other employee benefits | $376,626 |
| Payroll taxes | $147,289 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,602,180 |
| Advertising and promotion | $0 |
| Office expenses | $107,787 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $82,907 |
| Travel | $106,999 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,131 |
| Interest | $0 |
| Payments to affiliates | $12,420 |
| Depreciation, depletion, and amortization | $24,780 |
| Insurance | $20,356 |
| All other expenses | $31,049 |
| Total functional expenses | $5,550,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $291,645 |
| Pledges and grants receivable | $244,614 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $138,782 |
| Investments—publicly traded securities | $495,982 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,171,023 |
| Accounts payable and accrued expenses | $142,526 |
| Grants payable | $0 |
| Deferred revenue | $39,317 |
| 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 | $181,843 |
| Net assets without donor restrictions | $975,062 |
| Net assets with donor restrictions | $14,118 |
| 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 | $1,171,023 |