Michigan Municipal Treasurers Association
- Assets
- $295.0k
- Revenue
- $421.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Tawas City, MI
- Founding
- 12/1996
- Data as of
- 12/2023
- EIN
- 38-3023792
Organization Overview
Michigan Municipal Treasurers Association is located in Tawas City, MI. The organization was established in 1996. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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 Municipal Treasurers Association 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 12/2023, Michigan Municipal Treasurers Association generated $421.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $398.2k during the year ending 12/2023. While expenses have increased by 5.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE OUR MEMBERSHIP WITH THE TOOLS NEEDED TO MEET THE DIVERSIFIED CHALLENGES FACING THEM BY OFFERING EDUCATION, SERVICES, CONTINUING PROFESSIONAL DEVELOPMENT, AND ETHICAL STANDARDS
Describe the Organization's Program Activity:
Part 3 - Line 4a
BASIC AND ADVANCED INSTITUTES - TRAINING FOR BASIC INSTITUTE AND ADVANCED INSTITUTE FOR CERTIFIED TREASURERY RELATED PROFESSIONALS
PROFESSIONAL DEVELOPMENT COMMITTEE EXPENSES LEGISLATIVE COMMITTEE EXPENSES (INFORMATIONAL) SCHOLARSHIP PROGRAM COSTS
ANNUAL CONFERENCE - TRAINING FOR MEMBERS
WINTER WORKSHOP (TWO DAY SEMINAR) - TRAINING FOR MEMBERS ON-LINE TRAINING (TREASURER TO TREASURER)
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Piner President | Officer | 1 | $0 |
Laurie Sheldon President-Elect | Officer | 1 | $0 |
Julie Pray Vice-Presient | Officer | 1 | $0 |
Bret Padgett Treasurer | Officer | 1 | $0 |
Anthony Moggio Secretary | Trustee | 1 | $0 |
Michael Pettigrew Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $100,645 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $67 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,712 |
| Total Program Service Revenue | $319,478 |
| Investment income | $1,422 |
| 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 | $421,612 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $97,598 |
| Fees for services: Legal | $20 |
| Fees for services: Accounting | $90 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $225 |
| Fees for services: Other | $0 |
| Advertising and promotion | $300 |
| Office expenses | $3,283 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,388 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $183,915 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,718 |
| All other expenses | $86,592 |
| Total functional expenses | $398,232 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $290,830 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $689 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,500 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $295,019 |
| Accounts payable and accrued expenses | $1,264 |
| Grants payable | $0 |
| Deferred revenue | $108,153 |
| 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 | $109,417 |
| Net assets without donor restrictions | $185,602 |
| Net assets with donor restrictions | $0 |
| 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 | $295,019 |