Michigan Ag Council Inc
- Assets
- $164.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lansing, MI
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 61-1709772
Organization Overview
Michigan Ag Council Inc is located in Lansing, MI. The organization was established in 2014. 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. Michigan Ag Council 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 12/2021, Michigan Ag Council Inc generated $116.4k 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 (3.1%) each year. All expenses for the organization totaled $142.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) 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 |
|---|---|---|---|
Noelle Nachreiner Executive Director | 20 | $39,403 | |
Jolene Griffin President | 3 | $0 | |
Alexandria Schnabelrauch Treasurer | 3 | $0 | |
Lindsay Green Supporting Organization | 1 | $0 | |
Elizabeth Taylor Vice President | 1 | $0 | |
Emily Schmitt Supporting Organization | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $34,928 |
| Membership dues | $81,500 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $116,428 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,319 |
| Professional fees and other payments to independent contractors | $31,935 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $589 |
| Other expenses | $58,404 |
| Total expenses | $142,247 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $123,756 |
| Other assets | $0 |
| Total assets | $164,856 |
| Total liabilities | $62,863 |
| Net assets or fund balances | $101,993 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Michigan Ag Council Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Michigan Foundation For Agriculture Lansing, MI PURPOSE: EDUCATIONAL SUPPORT | $15,000 |
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 |