Middle Michigan Development Corporation

Organization Overview

Middle Michigan Development Corporation is located in Mt Pleasant, MI. The organization was established in 1982. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Middle Michigan Development Corporation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Middle Michigan Development Corporation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Middle Michigan Development Corporation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.8% each year . All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 39.0% per year over the past 7 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.

Since 2020, Middle Michigan Development Corporation has awarded 494 individual grants totaling $4,224,117. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO GROW AND ADD VALUE TO MID-MICHIGAN ECONOMY WITH PROACTIVE SERVICE OFFERINGS AIMED TO RETAIN AND ATTRACT BUSINESS IN CLARE AND ISABELLA COUNTIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MARKETING AND PROMOTION OF MT. PLEASANT AND CLARE AND ISABELLA COUNTIES. PROMOTING ECONOMIC DEVELOPMENT OF THE AREA WITH EMPHASIS ON INDUSTRIAL AREAS AND UNIVERSITY PARK.


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Board, Officers & Key Employees

Name (title)Compensation
James Mcbryde
President & CEO
$119,000
Rick Barz
Past President
$0
Tracey Connelly
Secretary
$0
Harmony Nowlin
Vice Chair
$0
Brad Wahr
Treasurer
$0
Jerome Schwind
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,217,713
All other contributions, gifts, grants, and similar amounts not included above$65,550
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,283,263
Total Program Service Revenue$22,800
Investment income $195
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 $2,306,258

Grants Awarded

Over the last fiscal year, Middle Michigan Development Corporation has awarded $1,880,000 in support to 183 organizations.

Grant RecipientAmount

MOUNTAIN TOWN STATION

PURPOSE: COVID-19 RELIEF

$35,000

PLEASANT CITY COFFEE

PURPOSE: COVID-19 RELIEF

$25,000

MIDLAND CENTER FOR THE ARTS

Org PageRecipient Profile

Midland, MI

PURPOSE: COVID-19 RELIEF

$20,000

A MAXWELL MANAGED ORGANIZATION

PURPOSE: COVID-19 RELIEF

$10,000

702 CLUB

PURPOSE: COVID-19 RELIEF

$10,000

ALB MANAGEMENT INC

PURPOSE: COVID-19 RELIEF

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Middle Michigan Development Corporation has recieved totaling $6,000.

Awarding OrganizationAmount
Community Foundation Of St Clair County

Port Huron, MI

PURPOSE: SMALL BUSINESS SUPPORT

$6,000
View Grant Recipient Profile

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