Petoskey Wine Region
- Assets
- $43.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alanson, MI
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-5493206
Organization Overview
Petoskey Wine Region is located in Alanson, MI. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Petoskey Wine Region 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 12/2022, Petoskey Wine Region generated $41.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.4%) each year. All expenses for the organization totaled $62.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
CREATE, PROMOTE AND ENCOURAGE THE MAKING, GROWING, SELLING AND APPRECIATION OF MICHIGAN WINES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Mccarthy Treasurer | 5 | $0 | |
Christi Kiker Secretary | 2 | $0 | |
Dustin Stabile President | 2 | $0 | |
Britta Dennis Director | 2 | $0 | |
Greg Shooks Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,340 |
| Total Program Service Revenue | $18,209 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $41,549 |
| 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 | $21,103 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,294 |
| Total expenses | $62,397 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,370 |
| Other assets | $0 |
| Total assets | $43,370 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,370 |
Peer Organizations
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|---|---|---|
Michigan Nonprofit Association Lansing, MI | $6,155,794 | $10,465,564 |
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Greater Cleveland Sports Commission Cleveland, OH | $9,405,346 | $6,945,850 |
American Society For Clinical Investigation Inc Ann Arbor, MI | $15,941,863 | $6,053,976 |
Lakeshore Cap Inc Of Wisconsin Manitowoc, WI | $4,910,382 | $5,227,133 |
Cdc Resources Inc Monticello, IN | $3,899,685 | $5,523,588 |
Bethesda Properties Inc Cincinnati, OH | $37,736,609 | $6,114,363 |
Ican Inc Canton, OH | $8,692,652 | $4,416,235 |
Reese-Shackelford Foundation Columbus, OH | $10,905,082 | $7,902,773 |