Michigan Association Of Public Employee Retirement Systems

Organization Overview

Michigan Association Of Public Employee Retirement Systems is located in Saline, MI. The organization was established in 1996. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Association Of Public Employee Retirement Systems 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, Michigan Association Of Public Employee Retirement Systems generated $299.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $299.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PROMOTION OF MICHIGAN PUBLIC EMPLOYEE RETIREMENT SYSTEMS THROUGH THE EDUCATION OF TRUSTEES, PLAN ADMINISTRATORS, AND OTHER RETIREMENT AND FINANCIAL PROFESSIONALS IN THE STATE OF MICHIGAN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION HAS SUCCESSFULLY EDUCATED ITS 273 MEMBERS ON CURRENT TOPICS RELATED TO THE INVESTMENT OF RETIREMENT SYSTEM FUNDS, ACCOUNTING AND RECORD KEEPING PROCEDURES, STATE AND FEDERAL LEGISLATION AND OTHER MATTERS RELATED TO THE PROPER OPERATION, MANAGEMENT, AND ADMINISTRATION OF PUBLIC EMPLOYEE RETIREMENT SYSTEMS.


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Board, Officers & Key Employees

Name (title)Compensation
Michelle Doran MD Mgmt Llc
Executive Director
$71,000
James Haddad
President
$0
Lauri Siskind
Secretary/treasurer
$0
Michael Grodi
Vice President
$0
Andrew Houde
Director
$0
Eric Gould
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$299,670
Investment income $0
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 $299,821

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