Michigan Association Of Retired School Personnel
- Assets
- $1.8m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 8
- Location
- Lansing, MI
- Founding
- 10/1985
- Data as of
- 06/2022
- EIN
- 38-2038135
Organization Overview
Michigan Association Of Retired School Personnel is located in Lansing, MI. The organization was established in 1985. According to its NTEE Classification (Y33) the organization is classified as: Teachers Retirement Fund Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 06/2022, Michigan Association Of Retired School Personnel employed 8 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Michigan Association Of Retired School Personnel is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Michigan Association Of Retired School Personnel generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROTECT & ENHANCE PENSION & HEALTH INSURANCE BENEFITS FOR ALL MICHIGAN PUBLIC SCHOOL RETIREES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS INFORMATION, REFERRAL, AND SUPPORT SERVICES FOR MEMBERS
PUBLICATIONS: 4 ISSUES OF THE VANGUARD PER YEAR TO DISSEMINATE PERTINENT INFORMATION TO APPROXIMATELY 30,000 MEMBERS
LEGISLATIVE REPRESENTATION: MONITORING AND DISSEMINATION OF INFORMATION REGARDING PRESENT & PENDING LEGISLATION & ITS EFFECTS ON MEMBERS
MEETINGS: BOARD, COMMITTEES, WORKSHOPS, ANNUAL MEETING PROVIDES INTERACTION BETWEEN MEMBERS TO PROVIDE EDUCATION TRAINING AND GOAL SETTING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Royce C Humm Executive Director | Officer | 50 | $156,716 |
Steve R Gordon President | OfficerTrustee | 10 | $0 |
Robert F Kucera Past-President | OfficerTrustee | 2 | $0 |
Sue Jakubiak Vice-President/membership | OfficerTrustee | 2 | $0 |
Darlene Bates Secretary | OfficerTrustee | 2 | $0 |
Heston Bates Treasurer/finance Director | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $834,620 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $332,191 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,166,811 |
| Total Program Service Revenue | $0 |
| Investment income | $855 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $149,976 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,337,224 |
| 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. | $196,674 |
| Compensation of current officers, directors, key employees. | $98,337 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $261,309 |
| Pension plan accruals and contributions | $18,896 |
| Other employee benefits | $85,847 |
| Payroll taxes | $29,865 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $818 |
| Fees for services: Accounting | $11,500 |
| Fees for services: Lobbying | $24,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,509 |
| Advertising and promotion | $0 |
| Office expenses | $90,577 |
| Information technology | $70,124 |
| Royalties | $0 |
| Occupancy | $124,511 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,338 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $58,707 |
| Insurance | $16,369 |
| All other expenses | $0 |
| Total functional expenses | $1,130,078 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $325 |
| Savings and temporary cash investments | $1,627,212 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,008 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,835 |
| Prepaid expenses and deferred charges | $44,321 |
| Net Land, buildings, and equipment | $70,651 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,753,352 |
| Accounts payable and accrued expenses | $64,182 |
| Grants payable | $0 |
| Deferred revenue | $634,120 |
| 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 | $698,302 |
| Net assets without donor restrictions | $922,769 |
| Net assets with donor restrictions | $132,281 |
| 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 | $1,753,352 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Michigan Association Of Retired School Personnel has recieved totaling $5,200.
| Awarding Organization | Amount |
|---|---|
Branch County Community Foundation Inc Coldwater, MI PURPOSE: GENERAL SUPPORT | $5,200 |