Civic Intelligence

The Center for Michigan Inc.

990 • Fiscal year 2013 • EIN 32-0167398

Jan 01, 2013 to Dec 31, 2013 • Filed on May 13, 2014

136 E Michigan Avenue No 120149007-3936

(269) 382-5800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

24th percentile

0.03x

Higher debt load relative to assets than 24% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

48th percentile

0.18x

Higher debt load relative to revenue than 48% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Net Margin

3rd percentile

-89%

Higher net margin than 3% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

78th percentile

$200,672

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 21.5% of source-year revenue.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Asset Growth

8th percentile

-12%

Faster asset growth than 8% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$5,093,177

Down $702,977 (-12%) from 2012

Net Assets

Down

$4,929,386

Down $827,449 (-14%) from 2012

Liabilities

Up

$163,791

Up $124,472 (+317%) from 2012

Revenue

$932,361

No earlier filing loaded for comparison.

Expenses

Up

$1,759,810

Up $17,901 (+1.0%) from 2012

Net Income

-$827,449

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $6,938,158Liabilities 2011: $55,860Net Assets 2011: $6,882,2982011Assets 2012: $5,796,154Liabilities 2012: $39,319Net Assets 2012: $5,756,8352012Assets 2013: $5,093,177Liabilities 2013: $163,791Net Assets 2013: $4,929,3862013Assets 2014: $3,509,607Liabilities 2014: $93,206Net Assets 2014: $3,416,4012014Assets 2016: $8,426,011Liabilities 2016: $14,485Net Assets 2016: $8,411,5262016Assets 2017: $7,494,047Liabilities 2017: $23,976Net Assets 2017: $7,470,0712017Assets 2018: $6,211,954Liabilities 2018: $41,776Net Assets 2018: $6,170,1782018Assets 2019: $5,496,919Liabilities 2019: $21,399Net Assets 2019: $5,475,5202019Assets 2020: $6,750,146Liabilities 2020: $1,010,705Net Assets 2020: $5,739,4412020Assets 2021: $12,882,699Liabilities 2021: $82,158Net Assets 2021: $12,800,5412021Assets 2022: $15,627,587Liabilities 2022: $183,656Net Assets 2022: $15,443,9312022Assets 2024: $12,994,181Liabilities 2024: $539,035Net Assets 2024: $12,455,1462024

Highlighted filing

2013

Assets$5,093,177
Liabilities$163,791
Net Assets$4,929,386

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $1,177,2292011Expenses 2012: $1,741,9092012Revenue 2013: $932,361Expenses 2013: $1,759,810Net Income 2013: -$827,4492013Revenue 2014: $734,989Expenses 2014: $2,247,974Net Income 2014: -$1,512,9852014Revenue 2016: $8,882,610Expenses 2016: $2,268,056Net Income 2016: $6,614,5542016Revenue 2017: $1,492,472Expenses 2017: $2,433,927Net Income 2017: -$941,4552017Revenue 2018: $1,281,061Expenses 2018: $2,580,954Net Income 2018: -$1,299,8932018Revenue 2019: $2,031,161Expenses 2019: $2,725,819Net Income 2019: -$694,6582019Revenue 2020: $4,069,600Expenses 2020: $3,805,679Net Income 2020: $263,9212020Revenue 2021: $11,666,201Expenses 2021: $4,605,101Net Income 2021: $7,061,1002021Revenue 2022: $7,693,331Expenses 2022: $5,049,941Net Income 2022: $2,643,3902022Revenue 2024: $5,280,443Expenses 2024: $5,658,764Net Income 2024: -$378,3212024

Highlighted filing

2013

Revenue$932,361
Expenses$1,759,810
Net Income-$827,449
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 13, 2014
Return Version
2013v3.0
Gross Receipts
$961,959
Mission and Program Overview

Mission

For all state residents, diverse civic stakeholders and philanthropy, the center for michigan (the "center") and its nonprofit newsrooms - bridge michigan & bridgedetroit - drive healthy and informed policy dialogue and problem-solving by publishing michigan's most impactful nonprofit public service journalism and community information in the face of traditional newspaper decline. The center focuses on in-depth explanatory and watchdog reporting while working collaboratively with various media to deepen and widen public consumption of in-depth reporting. The center's goal is to provide independent, balanced, thoughtful and high-quality journalism: a survival guide for michiganders with a stake in our state's future. This work is made possible by charitable donations ranging from foundation grants to reader donations.

Developing public policy initiatives for the improvement of civic leadership in michigan and educating civic leaders and concerned citizens in michigan as to more effective approaches to public policy and governance through dissemination of written materials and sponsorship of conferences of forums.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$4,320,384$2,607,055▼ $1,713,329
Savings and Temporary Cash Investments$1,457,950$2,456,753▲ $998,803
Land, Buildings, and Equipment, Net$3,674$15,753▲ $12,079
Prepaid Expenses and Deferred Charges$14,146$10,321▼ $3,825
Accounts Receivable-$3,295-
Total Assets$5,796,154$5,093,177▼ $702,977
Liabilities
Accounts Payable and Accrued Expenses$39,319$163,791▲ $124,472
Total Liabilities$39,319$163,791▲ $124,472
Net Assets / Fund Balance
Temporarily Rstr Net Assets$5,568,960$4,257,432▼ $1,311,528
Unrestricted Net Assets$187,875$671,954▲ $484,079
Total Net Assets Fund Balance$5,756,835$4,929,386▼ $827,449
Total Liabilities and Net Assets / Fund Balance$5,796,154$5,093,177▼ $702,977

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$15,753$13,375$29,128
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John C BebowPresident and CEOFT$150,750$49,922$200,672
Ron FrenchSenior WriterFT$106,694$17,572$124,266

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Public Sector Consultants INCConsulting Services-$215,920
Revenue and Support

Revenue Composition

Contributions and Grants
$928,919
Program Service Revenue
$975
Investment Income
$2,467
Other Revenue
$0
All Other Contributions
$928,919
Change in Net Assets
$-827,449

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$31,030Exchange Mean
Total Noncash Contributions2$31,030-

Audited Revenue Reconciliation

Revenue per Audited Statements
$932,361
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$12,000
Total Revenue per Audited Statements
$944,361
Total Revenue per Form 990
$932,361
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$975,342
Salaries, Compensation, and Employee Benefits$784,468
Total Fundraising Expense$46,947
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$530,962$298$24$531,284
Other Salaries and Wages$437,755$33,002$9,007$479,764
Current Officers, Directors, Trustees, and Key Employees$140,470$40,134$20,067$200,671
Advertising$137,893$300$300$138,493
Office Expenses$53,333$13,796$3,595$70,724
Other Employee Benefits$51,331$4,422$1,377$57,130
Conferences and Meetings$47,625$6,220-$53,845
Payroll Taxes$40,035$4,932$1,936$46,903
Fees for Services Legal$16,339$2,163$611$19,113
Insurance$8,827$2,942$2,942$14,711
Fees for Services Accounting$11,916$1,577$446$13,939
Occupancy$8,160--$8,160
Other Expenses$3,846$1,590$238$3,846
All Other Expenses$150$29$3,462$3,641
Depreciation Depletion$1,203$401$401$2,005
Total Functional Expenses$1,594,594$118,269$46,947$1,759,810

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,771,810
Expenses per Audited Statements$1,759,810
Total Expenses per Form 990$1,759,810
Expenses Not Reported on Form 990$12,000
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Yes, the connable office, inc. Has been appointed agent by the directors of the corporation to serve as custodian and investment manager of the funds and property of the corporation. For these services, under the agency agreement, the connable office, inc. Receives an annual fee of 1% of the assets managed with a minimum annual fee of $7,500, which includes a reasonable amount for bookkeeping and clerical expenses. Messrs. Eldridge and kruis are employed by, or have an interest in, the connable office, inc. Mr. Hilboldt was a manager of hcn holdings, llc and received a management fee from the company in that capacity. Philip h. Power and kathleen k. Power are related through marriage. They also served as officers and managers of hcn holdings, llc. Both received a management fee from hcn holdings, llc. In addition, mr. Power was a member of hcn holdings, llc. It should be noted that hcn holdings, llc was dissolved effective june 30, 2013. The corporation occupies office space in the building owned by philip h. Power (through a revocable grantor trust). No payments will be required from the corporation to mr. Power on account of rent or otherwise.

Form 990, Part VI, Section A, Line 7A

Four (4) of the directors of the corporation shall be appointed annually by the power foundation, a michigan non-profit corporation (the "foundation"). The remaining six (6) directors of the corporation shall be elected by a majority vote of the full directorship on an annual basis. All directors shall serve on (1) year terms. If a vacancy occurs on the board of directors due to the departure of a director appointed by the foundation, the foundation shall appoint a director to fill the vacancy. If a vacancy occurs on the board of directors due to the departure of a director elected by the full directorship, the full directorship shall elect a director to fill the vacancy.

Form 990, Part VI, Section B, Line 11

The form 990 is prepared by the firm hired to perform the audit of the financial statements. The completed form 990 is sent to david s. Kruis, treasurer, for initial review and approval and then forwarded to john bebow, president and ceo, for review and approval.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy clearly states that any actual or possible conflict of interest must be disclosed. Specific procedures are outlined in the policy that address the determination of a conflict, the procedures for addressing the conflict, and any violations of the policy.

Form 990, Part VI, Section B, Line 15A

Philip and kathy power complete the annual review of john bebow, president and ceo, and forward the review to various officers of the center for their review and further comments. The employment agreement was approved by the board of directors.

Form 990, Part VI, Section C, Line 19

The connable office, inc. Maintains a public inspection file on behalf of the center for michigan, inc.

Filing and Contact Details

Filer

EIN
32-0167398
Phone
2693825800

Signing Officer

Name
David S Kruis
Title
Treasurer
Phone
2693825800
Signed
2014-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mr Philip H Power
Formed
2006
Legal Domicile
Mi
Voting Board Members
10
Independent Board Members
9
Employees
11
Volunteers
50

Preparer

Preparer
Gail a Shuster-morton CPA
Phone
2695674500
Supplemental Narrative

Additional Explanations

F0RM 990, PART V, QUESTION 7(G):

The center for michigan did not receive any dontations of qualified intellectual property in 2013, therefore, it was not required to file any form 8899s.

PART V, QUESTION 7(H):

The center for michigan did not receive any contribtuions of cars, boats, airplanes, and other vehicles in 2013, therefore, no form 1098-c's were required to be filed.

Form 990, Part IX, Line 11G

Other fees for services: program service expenses 530,962. Management and general expenses 298. Fundraising expenses 24. Total expenses 531,284.

FORM 990, SECTION XII, LINE 2C:

The board of directors has assumed the responsibility of the oversight of the audit and selection of independent accountant (recommended by the treasurer).

Financial Statement Notes

PART X, LINE 2:

The center for michigan, inc. (the "corporation") is a nonprofit organization exempt from federal income taxes under section 501(c)(3) of the internal revenue code (irc). Management has determined that there are no uncertain tax positions taken that would require recognition of a liability or disclosure in the financial statements. Tax years that remain subject to tax examination by the state of michigan and the irs are 2010 - 2013, the corporation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12SENIOR WRITER
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IRS990/MissionDesc0CONDUCTING RESEARCH INTO PUBLIC POLICY ISSUES AFFECTING PEOPLE OF THE STATE OF MICHIGAN, DEVELOPING PUBLIC POLICY INITIATIVES FOR THE IMPROVEMENT OF CIVIC LEADERSHIP IN MICHIGAN AND EDUCATING CIVIC LEADERS AND CONCERNED CITIZENS IN MICHIGAN AS TO MORE EFFECTIVE APPROACHES TO PUBLIC POLICY AND GOVERNANCE THROUGH DISSEMINATION OF WRITTEN MATERIALS AND SPONSORSHIP OF CONFERENCES OR FORUMS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0INFORM PROGRAM: THE CENTER STRIVES TO PROVIDE INDEPENDENT, BALANCED, THOUGHTFUL AND HIGH-QUALITY JOURNALISM: A SURVIVAL GUIDE FOR MICHIGANDERS WITH A STAKE IN OUR STATE'S FUTURE. THE CENTER ALSO WORKS COLLABORATIVELY WITH VARIOUS MEDIA TO PROVIDE IN-DEPTH REPORTING TO OUR PARTNERS; IN SO DOING, BUILDING JOURNALISM CAPACITY IN WAYS THAT SUPPORT MICHIGAN NEWS MEDIA, CITIZENS, BUSINESS AND PHILANTHROPY. THE CENTER'S MAJOR FOCUS IS BRIDGE MAGAZINE, A FREE ONLINE NEWS MAGAZINE. THE CENTER'S MICHIGAN TRUTH SQUAD EXAMINES AND FACT CHECKS POLITICAL ADVERTISEMENTS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0ACHIEVE PROGRAM: THE CENTER WANTS TO PUT THOUGHTS INTO ACTION CALLING FORTH CITIZEN VOICES THROUGH PUBLIC OUTREACH WORK. THE CENTER INFORMS CITIZENS AND NOURISHES AND AMPLIFIES CITIZEN VIEWS THROUGH JOURNALISM, AND TAKES THE RESULTS INTO THE HALLS OF POWER AS LEGITIMATE EXPRESSIONS OF CITIZEN ATTITUDES. FOR EXAMPLE, IN THE YEARS SINCE THE CENTER'S FOUNDING, ITS WORK HAS RESULTED IN CHANGING STATE LAW TO PREVENT LOCAL SCHOOL BOARDS FROM REDUCING THE SCHOOL YEAR, CUTTING APPROPRIATIONS FOR THE STATE'S PRISON SYSTEM BY $200 MILLION ANNUALLY AND IN SHARPLY INCREASING STATE SUPPORT FOR EARLY CHILDHOOD SCHOOLING PROGRAMS. THE CENTER'S RECENT PUBLICATION, THE PUBLIC'S AGENDA FOR PUBLIC EDUCATION, HAS PRECIPITATED WIDESPREAD DISCUSSION OF HOW BEST TO IMPROVE STUDENT LEARNING IN MICHIGAN SCHOOLS.
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IRS990ScheduleA/FactsAndCircumstancesTestTxt01. PUBLIC SUPPORT MUST BE AT LEAST 10 PERCENT OF THE TOTAL SUPPORT. PER CALCULATIONS BY THE CENTER FOR MICHIGAN PUBLIC SUPPORT FOR THE 2007-2013 PERIOD IS IN EXCESS OF 29%.2. THE CENTER FOR MICHIGAN'S CONTINUOUS AND BONA FIDE FUNDRAISING PROGRAM THROUGH 2013 INCLUDES THE FOLLOWING KEY PUBLIC SERVICE ACTIVITIES:THE MOST IN-DEPTH AND WIDESPREAD PUBLIC ENGAGEMENT PROGRAMS IN THE STATE. EACH YEAR, IT IS THE CENTER'S MISSION TO HOLD APPROXIMATELY 200 NONPARTISAN COMMUNITY MEETINGS ACROSS THE STATE WITH 5,000 OR MORE STATE RESIDENTS FROM ALL WALKS OF LIFE. THESE "COMMUNITY CONVERSATIONS," WHICH ARE FUNDED BY FOUNDATION AND CORPORATE PHILANTHROPY, PROVIDE OPPORTUNITY FOR STATE RESIDENTS TO GAIN IN-DEPTH KNOWLEDGE OF STATE PUBLIC POLICY AND BUDGET ISSUES, ENGAGE IN DIALOGUE ABOUT THE FUTURE OF THE STATE, AND VOTE ON FUTURE POLICY PRIORITIES. IT IS THEN THE CENTER'S CHARGE TO TAKE THIS WIDE RANGING PUBLIC FEEDBACK, COMBINE IT WITH PUBLIC POLLING, AND DEVELOP ANNUAL "CITIZENS' AGENDAS" AND POLICY SCORECARDS. WE THEN CARRY FORTH THOSE CITIZENS' AGENDAS TO ELECTED LEADERS, WHO USE THIS SOURCE MATERIAL TO HELP SHAPE THEIR DECISION MAKING AND POLICY AGENDAS. MICHIGAN'S LEADING NONPROFIT NEWS SOURCE, BRIDGE MAGAZINE. THIS TWICE-WEEKLY ONLINE PUBLICATION REACHES APPROXIMATELY 50,000 READERS EACH MONTH ACROSS THE STATE AND FOCUSES ON IN-DEPTH REPORTING OF PUBLIC POLICY AND NONPARTISAN WATCHDOGGING AND FACT-CHECKING OF POLITICAL CAMPAIGNS. AGAIN, THIS WORK IS SUPPORTED BY FOUNDATION AND CORPORATE PHILANTHROPY. 3. THE CENTER FOR MICHIGAN, A REGISTERED 501(C)(3) ORGANIZATION, IS GOVERNED BY BOARD OF TEN DIRECTORS: JOHN BEBOW, PRESIDENT AND CEO, THE CENTER FOR MICHIGAN, INC., FORMER NEWSPAPER EDITOR; JAMES S. HILBOLDT, RETIRED DIRECTOR, THE CONNABLE OFFICE, INC., A MICHIGAN TRUST BANK;PAUL HILLEGONDS, SENIOR VICE PRESIDENT, DTE ENERGY, FORMER PRESIDENT, DETROIT RENAISSANCE, AND FORMER SPEAKER, MICHIGAN HOUSE OF REPRESENTATIVES; MIKE JANDERNOA, MANAGING PARTNER, BRIDGE STREET CAPITAL; KATHLEEN K. POWER, RETIRED NEWSPAPER EXECUTIVE; PHILIP H. POWER, RETIRED NEWSPAPER PUBLISHER, VICE CHAIRMAN MICHIGAN ECONOMIC DEVELOPMENT CORP.; GLENDA D. PRICE, PRESIDENT EMERITA, MARYGROVE COLLEGE; DOUGLAS ROTHWELL, PRESIDENT, DETROIT RENAISSANCE, AND FORMER CEO, MICHIGAN ECONOMIC DEVELOPMENT CORPORATION; MARILYN SCHLACK, PRESIDENT, KALAMAZOO VALLEY COMMUNITY COLLEGE; S. MARTIN TAYLOR, RETIRED DTE EXECUTIVE AND WELL-KNOWN METRO DETROIT CIVIC LEADER. MEMBERSHIP OF THE CENTER FOR MICHIGAN STEERING COMMITTEE IS LISTED BELOW:RICHARD T. COLE, CHAIR, DEPARTMENT OF ADVERTISING, PUBLIC RELATIONS AND RETAILING, MICHIGAN STATE UNIVERSITY; PAUL COURANT, FORMER PROVOST, UNIVERSITY OF MICHIGAN LIBRARIAN; PAUL DIMOND, OF COUNSEL, MILLER CANFIELD; ELISABETH GERBER, PROFESSOR, FORD SCHOOL OF PUBLIC POLICY, UNIVERSITY OF MICHIGAN; LARRY GOOD, CHAIRMAN, CORPORATION FOR A SKILLED WORKFORCE; STEVE HAMP, CHAIR, MICHIGAN EDUCATION EXCELLENCE FOUNDATION AND THE NEW ECONOMY INITIATIVE, PAUL HILLEGONDS, SENIOR VICE PRESIDENT, DTE ENERGY, FORMER PRESIDENT, DETROIT RENAISSANCE, AND FORMER SPEAKER, MICHIGAN HOUSE OF REPRESENTATIVES; MIKE JANDERNOA, MANAGING PARTNER, BRIDGE STREET CAPITAL; JACK LESSENBERRY, PROFESSOR OF JOURNALISM, WAYNE STATE UNIVERSITY, AND SENIOR POLITICAL ANALYST, RADIO STATION WUOM; TOM LEWAND, PARTNER, BODMAN LLP; ANNE MERVENNE, PRESIDENT, MERVENNE & CO., WILLIAM G. MILLIKEN, FORMER GOVERNOR OF MICHIGAN; MARK MURRAY, PRESIDENT, MEIJER STORES, INC. AND FORMER PRESIDENT OF GRAND VALLEY STATE UNIVERSITY; WILLIAM PARFET, CHAIRMAN AND CEO OF MPI RESEARCH; MILT ROHWER, PRESIDENT EMERITUS, THE FREY FOUNDATION; DOUG ROSS, FORMER STATE SENATOR AND DIRECTOR OF THE MICHIGAN DEPARTMENT OF COMMERCE; DOUG ROTHWELL, PRESIDENT, BUSINESS LEADERS FOR MICHIGAN; CRAIG RUFF, SENIOR POLICY FELLOW, PUBLIC SECTOR CONSULTANTS; JOHN A. ("JOE") SCHWARZ, FORMER MEMBER OF CONGRESS AND FORMER MICHIGAN STATE SENATOR; JAN URBAN-LURAIN, PRESIDENT, SPECTRA DATA AND RESEARCH, INC., AND SENIOR ADVISOR, CORP
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CENTER FOR MICHIGAN, INC. (THE "CORPORATION") IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. TAX YEARS THAT REMAIN SUBJECT TO TAX EXAMINATION BY THE STATE OF MICHIGAN AND THE IRS ARE 2010 - 2013, THE CORPORATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleJ/AnyNonFixedPaymentsInd00
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IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.0$0.54$12.5$5.28$5.66$0.38
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.6$0.18$15.4$7.69$5.05$2.64
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$0.08$12.8$11.7$4.61$7.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.75$1.01$5.74$4.07$3.81$0.26
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.50$0.02$5.48$2.03$2.73$0.69
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.21$0.04$6.17$1.28$2.58$1.30
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.49$0.02$7.47$1.49$2.43$0.94
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.43$0.01$8.41$8.88$2.27$6.61
2014Detailed filing. Detailed filing data is available for this year.$3.51$0.09$3.42$0.73$2.25$1.51
2013Detailed filing. Detailed filing data is available for this year.$5.09$0.16$4.93$0.93$1.76$0.83
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.80$0.04$5.76$1.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.94$0.06$6.88$1.18