Michigan Agri Dealers Association Educational Trust
- Assets
- $803.4k
- Revenue
- $66.2k
- Investments
- $773.0k
- Employees
- 0
- Location
- Lansing, MI
- Founding
- 05/1976
- Data as of
- 12/2020
- EIN
- 38-2086180
Organization Overview
Michigan Agri Dealers Association Educational Trust is located in Lansing, MI. The organization was established in 1976. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Agri Dealers Association Educational Trust 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 12/2020, Michigan Agri Dealers Association Educational Trust generated $66.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $21.7k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ward Forquer Chair | 0 | $0 | |
Phil Schmiege Director | 1 | $0 | |
Chuck Lippstreu President | 40 | $0 | |
John Christian Director | 1 | $0 | |
Phil Needler Director | 1 | $0 | |
James Howe Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $26,945 |
| Interest on Savings | $1,245 |
| Dividends & Interest | $23,506 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,636 |
| Capital Gain Net Income | $1,636 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $12,854 |
| Total Revenue | $66,186 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $600 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $549 |
| Total operating and administrative expenses | $3,019 |
| Contributions, gifts, grants paid | $18,725 |
| Total expenses and disbursements | $21,744 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,447 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $772,970 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $803,417 |
| Accounts payable and accrued expenses | $1,875 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,875 |
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Wisconsin Education Association Council Madison, WI | $12,509,404 | $6,898,296 |
Indiana Association For The Education Of Children Inc Indianapolis, IN | $1,546,703 | $6,038,887 |
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Democracy Collaborative Foundation Inc Cleveland, OH | $2,262,118 | $2,304,413 |
Michigan Association Of School Administrators Lansing, MI | $4,558,515 | $3,628,954 |
Association Of College Unions- International Bloomington, IN | $3,038,008 | $3,219,963 |