67
Michigan Economic Developers Association
Community Development · Lansing, Michigan
Po Box 15096, Lansing, MI 48901-5096
EIN: 382900929· Founded: Nov 1990· 36 years active· Filing Year: 2023
Annual Revenue
$464K
Total Expenses
$435K
Total Assets
$396K
Program Spending
105%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$138K
31.7% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$99K
Total Payroll
$237K
54% of total expenses
Where the Money Goes
100%
Programs: 100%
Payroll: 54%
Other overhead: -5%
Program Revenue$457K (99%)
Total Expenses$435K (94%)
Payroll$237K (54%)
Overhead (non-program)-5%
Trust Score Breakdown
Program Spending Ratio
105% of expenses go to programs
Revenue & Stability
$464K annual revenue
Executive Compensation
$138K total officer comp (31.7% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$396K in assets
Similar Community Development Nonprofits in Michigan
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.