Great Lakes Section Institute Of Food Technologist Inc
- Assets
- $78.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 02/1954
- Data as of
- 06/2022
- EIN
- 38-6088857
Organization Overview
Great Lakes Section Institute Of Food Technologist Inc is located in Grand Rapids, MI. The organization was established in 1954. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Lakes Section Institute Of Food Technologist Inc 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 06/2022, Great Lakes Section Institute Of Food Technologist Inc generated $14.2k 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 (15.3%) each year. All expenses for the organization totaled $2.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (30.3%) per year over the past 7 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 |
|---|---|---|---|
Jeff Garza Treasurer | 0 | $0 | |
Michelle Corey Chairman | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,790 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,711 |
| Other Revenue | $670 |
| Total Revenue | $14,171 |
| 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 | $649 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $2,649 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,192 |
| Other assets | $0 |
| Total assets | $78,912 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,912 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Great Lakes Section Institute Of Food Technologist Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Seafood Industry Research Fund Inc Mclean, VA PURPOSE: Research | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eastern Market Corporatioin Detroit, MI | $12,535,453 | $5,663,087 |
Ohio Restaurant Assn Columbus, OH | $2,879,456 | $2,138,506 |
Kinship Mke Inc Milwaukee, WI | $4,987,753 | $2,706,784 |
St Vincent De Paul Thrift Store Inc Marshfield, WI | $3,892,280 | $1,717,707 |
City Market Inc Bay City, MI | $0 | $954,437 |
Cornucopia Institute Incorporated Viroqua, WI | $1,310,459 | $989,761 |
Grand Rapids Downtown Market Education Foundation Grand Rapids, MI | $961,102 | $1,653,390 |
Nourish Farms Inc Sheboygan Falls, WI | $2,156,397 | $713,835 |
Michigan Farmers Market Association East Lansing, MI | $449,598 | $616,537 |
Fondy Food Center Inc Milwaukee, WI | $490,440 | $496,291 |
Wisconsin Wine And Spirit Institute Madison, WI | $125,060 | $518,293 |
Ohio Wine Producers Association Geneva, OH | $92,945 | $520,156 |