Assosciation Of Michigan Basketmakers Inc
- Assets
- $111.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mason, MI
- Founding
- 05/1989
- Data as of
- 12/2016
- EIN
- 38-2799916
Organization Overview
Assosciation Of Michigan Basketmakers Inc is located in Mason, MI. The organization was established in 1989. According to its NTEE Classification (N03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Assosciation Of Michigan Basketmakers Inc 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 12/2016, Assosciation Of Michigan Basketmakers Inc generated $37.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $40.7k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 2 years. 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 |
|---|---|---|---|
Judy Clark Treasurer | 10 | $0 | |
Andrea Herman President | 10 | $0 | |
Marlene Cosgrove Vice President | 10 | $0 | |
Christy Trout Secretary | 10 | $0 | |
Julia Coleman Director | 10 | $0 | |
Sue Smith Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $28,042 |
| Membership dues | $8,418 |
| Investment income | $849 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,309 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,015 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $411 |
| Other expenses | $37,722 |
| Total expenses | $40,688 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $111,238 |
| Other assets | $0 |
| Total assets | $111,238 |
| Total liabilities | $0 |
| Net assets or fund balances | $111,238 |