Michigan Recruitment & Retention Network
- Assets
- $47.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Holland, MI
- Founding
- 01/1994
- Data as of
- 12/2021
- EIN
- 38-3140722
Organization Overview
Michigan Recruitment & Retention Network is located in Holland, MI. The organization was established in 1994. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, 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. Michigan Recruitment & Retention Network 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 Recruitment & Retention Network generated $11.5k 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 (12.6%) each year. All expenses for the organization totaled $6.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (22.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Krueger President | 1 | $0 | |
Rachel Ruddock Vice Pres | 0.5 | $0 | |
Krysta Earhart Vice Pres El | 0.5 | $0 | |
Kaitlyn Krimmel Secretary | 0.5 | $0 | |
Patricia Fite Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $9,000 |
| Membership dues | $2,500 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,507 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,909 |
| Total expenses | $6,409 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,918 |
| Other assets | $0 |
| Total assets | $47,918 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,918 |
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|---|---|---|
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Enterprise Group Of Jackson Inc Jackson, MI | $1,250,029 | $916,542 |
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Detroit Area Commercial Board Of Realtors Inc Grand Blanc, MI | $597,595 | $554,174 |
International Order Of The Golden Rule Indianapolis, IN | $1,853,090 | $689,683 |
Onechiropractic Inc New Albany, OH | $40,759 | $592,870 |
Michigan Economic Development Foundation Okemos, MI | $1,060,409 | $613,109 |
Great Lakes Sports Commission Lansing, MI | $9,033,304 | $194,911 |