Citizens For Energizing Michigans Economy
- Assets
- $17.9m
- Revenue
- $385.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Okemos, MI
- Founding
- 01/2018
- Data as of
- 12/2021
- EIN
- 46-4355362
Organization Overview
Citizens For Energizing Michigans Economy is located in Okemos, MI. The organization was established in 2018. According to its NTEE Classification (W24) the organization is classified as: Citizen Participation, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Citizens For Energizing Michigans Economy is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Citizens For Energizing Michigans Economy generated $385.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (51.9%) each year. All expenses for the organization totaled $369.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Citizens For Energizing Michigans Economy has awarded 23 individual grants totaling $9,517,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATE LEGISLATORS AND THE GENERAL PUBLIC ON ISSUES RELATING TO ENERGY AND ECONOMIC POLICY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DEVELOP A PUBLIC EDUCATION PROGRAM TO RAISE PUBLIC AWARENESS FOR MICHIGAN ENERGY LAWS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandon Hofmeister Vice President | OfficerTrustee | 1 | $0 |
Howard Edelson President | OfficerTrustee | 1 | $0 |
Ronn Rasmussen Secretary/treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Strother Nuckels Strategy Llc Advertising | 12/30/20 | $1,684,676 |
The Edelson Group Inc Consulting | 12/30/20 | $144,000 |
Arena Communications Llc Advertising | 12/30/20 | $207,267 |
Glengariff Group Inc Polling | 12/30/20 | $127,400 |
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 | $0 |
| Investment income | $328,348 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $56,867 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $385,215 |
| 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 | $0 |
| Fees for services: Legal | $11,640 |
| Fees for services: Accounting | $16,870 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $72,129 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,500 |
| Office expenses | $645 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,171 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $369,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,407 |
| Savings and temporary cash investments | $17,845,060 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| 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 | $17,855,467 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $17,855,467 |
| Total liabilities and net assets/fund balances | $17,855,467 |
Grants Awarded
Over the last fiscal year, Citizens For Energizing Michigans Economy has awarded $865,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Lansing, MI PURPOSE: SOCIAL WELFARE CONTRIBUTION | $200,000 |
Lansing, MI PURPOSE: SOCIAL WELFARE CONTRIBUTION | $200,000 |
Ann Arbor, MI PURPOSE: SOCIAL WELFARE CONTRIBUTION | $125,000 |
Lansing, MI PURPOSE: SOCIAL WELFARE CONTRIBUTION | $100,000 |
Lansing, MI PURPOSE: SOCIAL WELFARE CONTRIBUTION | $90,000 |
Washington, DC PURPOSE: SOCIAL WELFARE CONTRIBUTION | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hamilton Foundation Cleveland, OH | $0 | $635 |
The Ohio Organzing Collaborative Youngstown, OH | $6,151,726 | $3,780,387 |
Ohio Voice Columbus, OH | $2,002,752 | $1,878,386 |
Madison Parks Foundation Inc Madison, WI | $4,094,657 | $1,634,719 |
Federation Of State Conservation Voter Leagues Inc Madison, WI | $916,897 | $892,473 |
Wisconsin Family Action Inc Madison, WI | $468,342 | $565,160 |
Black Leadership Organizing Collaborative Akron, OH | $126,046 | $462,243 |
Citizens For Energizing Michigans Economy Okemos, MI | $17,855,467 | $385,215 |
Good Knights Inc Elyria, OH | $40,714 | $0 |
Citizens For A Strong America Inc Columbus, WI | $0 | $138,041 |
Columbus Ideas Inc Columbus, OH | $8,346 | $0 |
Starfish Assignment Dublin, OH | $70,684 | $0 |