Civic Intelligence

Central Michigan University Research Corporation

990 • Fiscal year 2019 • EIN 36-4500805

Jul 01, 2018 to Jun 30, 2019 • Filed on Aug 27, 2019

Organization ProfileWWW.CMURC.COM

View Organization Page

2625 Denison DrMT Pleasant, MI 48858

(989) 774-2424

Siviq Scores

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

Liabilities / Assets

56th percentile

0.12x

Higher debt load relative to assets than 56% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

66th percentile

0.21x

Higher debt load relative to revenue than 66% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

26th percentile

-5.4%

Higher net margin than 26% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

81st percentile

$137,668

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 12.6% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

6th percentile

-21%

Faster asset growth than 6% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

36th percentile

-1.1%

Faster revenue growth than 36% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$1,979,707

Down $535,840 (-21%) from 2018

Net Assets

Down

$1,747,984

Down $51,463 (-2.9%) from 2018

Liabilities

Down

$231,723

Down $484,377 (-68%) from 2018

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin26th percentile

Revenue

Down

$1,095,394

Down $12,188 (-1.1%) from 2018

Expenses

Up

$1,154,290

Up $118,028 (+11%) from 2018

Net Income

Down

-$58,896

Down $130,216 (-183%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$15M$10M$5.0M$0Assets 2011: $864,130Liabilities 2011: $218,841Net Assets 2011: $645,2892011Assets 2012: $967,578Liabilities 2012: $123,982Net Assets 2012: $843,5962012Assets 2013: $1,210,728Liabilities 2013: $212,834Net Assets 2013: $997,8942013Assets 2014: $1,464,770Liabilities 2014: $213,059Net Assets 2014: $1,251,7112014Assets 2015: $1,593,296Liabilities 2015: $150,482Net Assets 2015: $1,442,8142015Assets 2016: $1,775,623Liabilities 2016: $177,586Net Assets 2016: $1,598,0372016Assets 2017: $1,905,594Liabilities 2017: $240,214Net Assets 2017: $1,665,3802017Assets 2018: $2,515,547Liabilities 2018: $716,100Net Assets 2018: $1,799,4472018Assets 2019: $1,979,707Liabilities 2019: $231,723Net Assets 2019: $1,747,9842019Assets 2020: $2,121,341Liabilities 2020: $399,452Net Assets 2020: $1,721,8892020Assets 2021: $2,118,644Liabilities 2021: $430,023Net Assets 2021: $1,688,6212021Assets 2022: $2,137,264Liabilities 2022: $373,213Net Assets 2022: $1,764,0512022Assets 2023: $12,713,736Liabilities 2023: $11,152,389Net Assets 2023: $1,561,3472023Assets 2024: $11,673,783Liabilities 2024: $9,808,101Net Assets 2024: $1,865,6822024Assets 2025: $9,848,725Liabilities 2025: $7,711,679Net Assets 2025: $2,137,0462025

Highlighted filing

2019

Assets$1,979,707
Liabilities$231,723
Net Assets$1,747,984
Open 2019 Filing

Operations Trend

Revenue Growth36th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $627,8912011Expenses 2012: $725,7022012Expenses 2013: $915,0062013Revenue 2014: $1,078,246Expenses 2014: $863,634Net Income 2014: $214,6122014Revenue 2015: $902,770Expenses 2015: $724,844Net Income 2015: $177,9262015Revenue 2016: $814,040Expenses 2016: $657,896Net Income 2016: $156,1442016Revenue 2017: $959,175Expenses 2017: $894,180Net Income 2017: $64,9952017Revenue 2018: $1,107,582Expenses 2018: $1,036,262Net Income 2018: $71,3202018Revenue 2019: $1,095,394Expenses 2019: $1,154,290Net Income 2019: -$58,8962019Revenue 2020: $1,191,041Expenses 2020: $1,205,646Net Income 2020: -$14,6052020Revenue 2021: $1,390,643Expenses 2021: $1,437,134Net Income 2021: -$46,4912021Revenue 2022: $1,534,681Expenses 2022: $1,639,929Net Income 2022: -$105,2482022Revenue 2023: $1,672,662Expenses 2023: $1,871,322Net Income 2023: -$198,6602023Revenue 2024: $3,243,868Expenses 2024: $2,916,821Net Income 2024: $327,0472024Revenue 2025: $3,459,491Expenses 2025: $3,188,127Net Income 2025: $271,3642025

Highlighted filing

2019

Revenue$1,095,394
Expenses$1,154,290
Net Income-$58,896
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Aug 27, 2019
Return Version
2018v3.1
Gross Receipts
$1,095,394
Mission and Program Overview

Mission

To receive, administer, and distribute funds to promote and encourage research, scholarship, creative activities, and other applied research and technology at cmu.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$665,154$1,587,870▲ $922,716
Savings and Temporary Cash Investments$661,862$295,074▼ $366,788
Accounts Receivable$39,649$34,821▼ $4,828
Investments in Publicly Traded Securities$30,337$33,608▲ $3,271
Investments Other Securities$1,124,728$13,664▼ $1,111,064
Cash and Non-Interest-Bearing Accounts$-12,298$8,555▲ $20,853
Other Notes and Loans Receivable, Net$1$1→ $0
Total Assets$2,515,547$1,979,707▼ $535,840
Other Assets Total$6,114$6,114→ $0
Liabilities
Other Liabilities$83,996$116,715▲ $32,719
Accounts Payable and Accrued Expenses$609,571$61,945▼ $547,626
Deferred Revenue$22,533$53,063▲ $30,530
Total Liabilities$716,100$231,723▼ $484,377
Net Assets / Fund Balance
Unrestricted Net Assets$1,799,447$1,747,984▼ $51,463
Total Net Assets Fund Balance$1,799,447$1,747,984▼ $51,463
Total Liabilities and Net Assets / Fund Balance$2,515,547$1,979,707▼ $535,840

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,371,267$63,704$1,434,971
Equipment$216,603$82,753$299,356
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Erin StrangPresident/ceFT$120,451$17,217$137,668

Board Members and Trustees

NameTitle
Robert O DaviesChair
Chris MobergDirector
Daniel DralleDirector
David AshDirector
Ian DavisonDirector
Kimberly NorrisDirector
Nancy RidleyDirector
Raymond GunnDirector
Richard K StudleyDirector
William Kimbell JrDirector
Toby RothSecretary
Barrie WilkesTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Ssp Development Iv LLCRent-charges1100 S WASHINGTON AVE, Saginaw, MI 48601$121,207
Revenue and Support

Revenue Composition

Contributions and Grants
$702,838
Program Service Revenue
$56,555
Investment Income
$1,062
Other Revenue
$334,939
All Other Contributions
$616,338
Change in Net Assets
$-58,896

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,095,394
Revenue Not Reported on Form 990
$7,433
Total Revenue per Audited Statements
$1,102,827
Total Revenue per Form 990
$1,095,394
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$643,912
Salaries, Compensation, and Employee Benefits$510,378
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$345,631$19,867-$365,498
Other Salaries and Wages$225,538$67,543-$293,081
Current Officers, Directors, Trustees, and Key Employees$81,350$81,350-$162,700
Depreciation Depletion$65,123$3,743-$68,866
Fees for Services Accounting$41,468$2,383-$43,851
Office Expenses$33,828$5,548-$39,376
Advertising$19,877$9,138-$29,015
Payroll Taxes$20,336$5,962-$26,298
Fees for Services Other$3,977$19,047-$23,024
Other Employee Benefits$18,234$4,600-$22,834
Travel$10,454$4,806-$15,260
Insurance$9,297$4,274-$13,571
Pension Plan Contributions$4,181$1,284-$5,465
Fees for Services Legal$1,336$77-$1,413
Other Expenses$466$214-$680
Total Functional Expenses$922,308$231,982$0$1,154,290

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,154,290
Total Expenses per Audited Statements$1,154,290
Total Expenses per Form 990$1,154,290
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
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Development Funds Payable$99,172
Exchange Donations Payable$10,978
Security Deposit$6,565
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
Yes
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, Page 6, Part VI, Line 11B

“The president and board treasurer will review prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“As employees are hired, they are informed of the policy. They sign a form and are then reminded of the policy at the beginning of each new project. Directors disclose when they join the board and if they have anything new.”

Form 990, Page 6, Part VI, Line 15A

“President salary determined by president of central michigan university.”

Form 990, Page 6, Part VI, Line 15B

“The board retains the right of approval for the creation of any new positions. The board delegates authority to the president and ceo and the chair of the board to approve creation of positions and compensation.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Central Michigan University
EIN
36-4500805
Phone
9897742424
Address
2625 DENISON DR, MT PLEASANT, MI 48858

Signing Officer

Name
Erin Strang
Title
President/CEO
Phone
9897742424
Signed
2019-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erin Strang
Formed
2001
Legal Domicile
Mi
Voting Board Members
13
Independent Board Members
13
Employees
21
Volunteers
12

Preparer

Firm
Yeo & Yeo Pc
Address
P O BOX 248, ALMA, MI 48801
Preparer
Ali N Barnes
Phone
9894636108
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt01587870
IRS990/LandBldgEquipCostOrOtherBssAmt01734327
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO RECEIVE, ADMINISTER, AND DISTRIBUTE FUNDS TO PROMOTE AND ENCOURAGE RESEARCH, SCHOLARSHIP, CREATIVE ACTIVITIES, AND OTHER APPLIED RESEARCH AND TECHNOLOGY AT CMU.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01799447
IRS990/NetAssetsOrFundBalancesEOYAmt01747984
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0334939
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0334939
IRS990/NetUnrlzdGainsLossesInvstAmt07433
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt019867
IRS990/OccupancyGrp/ProgramServicesAmt0345631
IRS990/OccupancyGrp/TotalAmt0365498
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05548
IRS990/OfficeExpensesGrp/ProgramServicesAmt033828
IRS990/OfficeExpensesGrp/TotalAmt039376
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06114
IRS990/OtherAssetsTotalGrp/EOYAmt06114
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04600
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt018234
IRS990/OtherEmployeeBenefitsGrp/TotalAmt022834
IRS990/OtherExpensesGrp/Desc0ACCELERATOR FUND EXPENSE
IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/Desc2DUES, LICENSES AND SUBSCR
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL DEVELOPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01620
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1526
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2214
IRS990/OtherExpensesGrp/ProgramServicesAmt036545
IRS990/OtherExpensesGrp/ProgramServicesAmt13524
IRS990/OtherExpensesGrp/ProgramServicesAmt21143
IRS990/OtherExpensesGrp/ProgramServicesAmt3466
IRS990/OtherExpensesGrp/TotalAmt036545
IRS990/OtherExpensesGrp/TotalAmt15144
IRS990/OtherExpensesGrp/TotalAmt21669
IRS990/OtherExpensesGrp/TotalAmt3680
IRS990/OtherLiabilitiesGrp/BOYAmt083996
IRS990/OtherLiabilitiesGrp/EOYAmt0116715
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt067543
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0225538
IRS990/OtherSalariesAndWagesGrp/TotalAmt0293081
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05962
IRS990/PayrollTaxesGrp/ProgramServicesAmt020336
IRS990/PayrollTaxesGrp/TotalAmt026298
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01284
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04181
IRS990/PensionPlanContributionsGrp/TotalAmt05465
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ERIN STRANG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0561499
IRS990/ProgramServiceRevenueGrp/BusinessCd1561499
IRS990/ProgramServiceRevenueGrp/Desc0ACCELERATOR REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1PROJECT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt045095
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt111460
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt045095
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt111460
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0683525
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01597
IRS990/PYOtherExpensesAmt0589410
IRS990/PYOtherRevenueAmt0223899
IRS990/PYProgramServiceRevenueAmt0198561
IRS990/PYRevenuesLessExpensesAmt071320
IRS990/PYSalariesCompEmpBnftPaidAmt0446852
IRS990/PYTotalExpensesAmt01036262
IRS990/PYTotalRevenueAmt01107582
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-58896
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0334939
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt056555
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0661862
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0295074
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd0true
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd0true
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE PRESIDENT OF CENTRAL MICHIGAN UNIVERSITY SERVES AS CHAIR OF THE RESEARCH CORPORATION'S BOARD OF DIRECTORS AND THE VICE PRESIDENT OF FINANCE AND ADMINISTRATIVE SERVICES OF CENTRAL MICHIGAN SERVES AS TREASURER OF THE RESEARCH CORPORATION'S BOARD OF DIRECTORS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE ORGANIZATION PROVIDES AN INCUBATOR FOR START UP COMPANIES, AND SEEKS TO FURTHER ECONOMIC DEVELOPMENT WITHIN THE LOCAL AREA.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE RESEARCH CORPORATION IS OPERATING TO FURTHER CENTRAL MICHIGAN UNIVERSITY'S DESIRE TO BE A CONTRIBUTOR TO ECONOMIC DEVELOPMENT WITHIN THE LOCAL AREA. USING A SEPARATE ENTITY TO DO SO PROVIDES ADDITIONAL TRANSPARENCY OF THE ACTIVITIES PERFORMED.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 2A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION E, LINE 2B
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0364500805
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0922308
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CENTRAL MICHIGAN UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0CENTRAL MICHIGAN UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0922308
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0216603
IRS990ScheduleD/EquipmentGrp/DepreciationAmt082753
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0299356
IRS990ScheduleD/ExpensesSubtotalAmt01154290
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01371267
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt063704
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01434971
IRS990ScheduleD/NetUnrealizedGainsInvstAmt07433
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt099172
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110978
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt26565
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEVELOPMENT FUNDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1EXCHANGE DONATIONS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSIT
IRS990ScheduleD/RevenueNotReportedAmt07433
IRS990ScheduleD/RevenueSubtotalAmt01095394
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01587870
IRS990ScheduleD/TotalExpensesPerForm990Amt01154290
IRS990ScheduleD/TotalLiabilityAmt0116715
IRS990ScheduleD/TotalRevenuePerForm990Amt01095394
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01102827
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01154290
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT AND BOARD TREASURER WILL REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AS EMPLOYEES ARE HIRED, THEY ARE INFORMED OF THE POLICY. THEY SIGN A FORM AND ARE THEN REMINDED OF THE POLICY AT THE BEGINNING OF EACH NEW PROJECT. DIRECTORS DISCLOSE WHEN THEY JOIN THE BOARD AND IF THEY HAVE ANYTHING NEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRESIDENT SALARY DETERMINED BY PRESIDENT OF CENTRAL MICHIGAN UNIVERSITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD RETAINS THE RIGHT OF APPROVAL FOR THE CREATION OF ANY NEW POSITIONS. THE BOARD DELEGATES AUTHORITY TO THE PRESIDENT AND CEO AND THE CHAIR OF THE BOARD TO APPROVE CREATION OF POSITIONS AND COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,979,707
Liabilities
$231,723
Net assets
$1,747,984
Revenue
$1,095,394
Expenses
$1,154,290
Net income
-$58,896
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.85$7.71$2.14$3.46$3.19$0.27
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.7$9.81$1.87$3.24$2.92$0.33
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.7$11.2$1.56$1.67$1.87$0.20
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$0.37$1.76$1.53$1.64$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.12$0.43$1.69$1.39$1.44$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.12$0.40$1.72$1.19$1.21$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.98$0.23$1.75$1.10$1.15$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.52$0.72$1.80$1.11$1.04$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.91$0.24$1.67$0.96$0.89$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.78$0.18$1.60$0.81$0.66$0.16
2015Detailed filing. Detailed filing data is available for this year.$1.59$0.15$1.44$0.90$0.72$0.18
2014Detailed filing. Detailed filing data is available for this year.$1.46$0.21$1.25$1.08$0.86$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.21$1.00$0.92
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.12$0.84$0.73
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.22$0.65$0.63