Detroit Advertising Association
- Assets
- $62.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clinton Twp, MI
- Founding
- 05/1989
- Data as of
- 12/2021
- EIN
- 38-2822868
Organization Overview
Detroit Advertising Association is located in Clinton Twp, MI. The organization was established in 1989. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Detroit Advertising Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Detroit Advertising Association generated $189.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $198.3k during the year ending 12/2021. While expenses have increased by 6.2% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Guerrini Executive Director | 2 | $10,000 | |
Crissy Obermok President & Director | 0.5 | $0 | |
Paul Mallon First Vice President & Director | 0.5 | $0 | |
Dennis Mc Millan Second Vice President | 0.5 | $0 | |
Jason Marchioni Treasurer | 0.05 | $0 | |
Steve Holman Secretary & Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,700 |
| Total Program Service Revenue | $170,502 |
| Membership dues | $16,940 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $189,148 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $17,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $278 |
| Other expenses | $180,505 |
| Total expenses | $198,283 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,609 |
| Other assets | $0 |
| Total assets | $62,825 |
| Total liabilities | $4,636 |
| Net assets or fund balances | $58,189 |
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|---|---|---|
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Central Indiana Corporate Partnership Inc Indianapolis, IN | $8,694,724 | $11,696,503 |
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