Civic Intelligence

Greater Gratiot Development Inc.

990 • Fiscal year 2017 • EIN 38-2221284

Oct 01, 2016 to Sep 30, 2017 • Filed on Apr 04, 2018

Organization ProfileWWW.GRATIOT.ORG
136 South MainIthaca, MI 48847-1440

(989) 875-2083

Siviq Scores

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

Liabilities / Assets

24th percentile

0.01x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

30th percentile

0.03x

Higher debt load relative to revenue than 30% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

30th percentile

-3.6%

Higher net margin than 30% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

85th percentile

$157,304

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 29.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

34th percentile

-1.2%

Faster asset growth than 34% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

62nd percentile

11%

Faster revenue growth than 62% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets24th percentile

Assets

Down

$2,274,772

Down $27,983 (-1.2%) from 2016

Net Assets

Down

$2,258,522

Down $19,210 (-0.8%) from 2016

Liabilities

Down

$16,250

Down $8,773 (-35%) from 2016

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin30th percentile

Revenue

Up

$528,751

Up $50,982 (+11%) from 2016

Expenses

Up

$547,961

Up $138,421 (+34%) from 2016

Net Income

Down

-$19,210

Down $87,439 (-128%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,965,132Liabilities 2010: $45,572Net Assets 2010: $1,919,5602010Assets 2011: $1,929,916Liabilities 2011: $42,956Net Assets 2011: $1,886,9602011Assets 2012: $1,977,292Liabilities 2012: $39,359Net Assets 2012: $1,937,9332012Assets 2013: $2,050,877Liabilities 2013: $43,331Net Assets 2013: $2,007,5462013Assets 2014: $2,191,299Liabilities 2014: $40,560Net Assets 2014: $2,150,7392014Assets 2015: $2,238,459Liabilities 2015: $27,946Net Assets 2015: $2,210,5132015Assets 2016: $2,302,755Liabilities 2016: $25,023Net Assets 2016: $2,277,7322016Assets 2017: $2,274,772Liabilities 2017: $16,250Net Assets 2017: $2,258,5222017Assets 2018: $2,348,389Liabilities 2018: $48,091Net Assets 2018: $2,300,2982018Assets 2019: $2,406,911Liabilities 2019: $31,103Net Assets 2019: $2,375,8082019Assets 2020: $2,485,489Liabilities 2020: $20,746Net Assets 2020: $2,464,7432020Assets 2021: $2,566,183Liabilities 2021: $15,140Net Assets 2021: $2,551,0432021Assets 2022: $2,659,852Liabilities 2022: $15,679Net Assets 2022: $2,644,1732022Assets 2023: $2,769,536Liabilities 2023: $25,020Net Assets 2023: $2,744,5162023Assets 2025: $3,038,888Liabilities 2025: $56,657Net Assets 2025: $2,982,2312025

Highlighted filing

2017

Assets$2,274,772
Liabilities$16,250
Net Assets$2,258,522
Open 2017 Filing

Operations Trend

Revenue Growth62nd percentile

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $361,7322010Expenses 2011: $459,9342011Expenses 2012: $377,7192012Revenue 2013: $450,135Expenses 2013: $380,522Net Income 2013: $69,6132013Revenue 2014: $591,253Expenses 2014: $448,030Net Income 2014: $143,2232014Revenue 2015: $498,922Expenses 2015: $439,148Net Income 2015: $59,7742015Revenue 2016: $477,769Expenses 2016: $409,540Net Income 2016: $68,2292016Revenue 2017: $528,751Expenses 2017: $547,961Net Income 2017: -$19,2102017Revenue 2018: $468,794Expenses 2018: $427,018Net Income 2018: $41,7762018Revenue 2019: $473,945Expenses 2019: $398,435Net Income 2019: $75,5102019Revenue 2020: $485,502Expenses 2020: $396,567Net Income 2020: $88,9352020Revenue 2021: $497,912Expenses 2021: $411,612Net Income 2021: $86,3002021Revenue 2022: $531,888Expenses 2022: $438,758Net Income 2022: $93,1302022Revenue 2023: $576,014Expenses 2023: $475,671Net Income 2023: $100,3432023Revenue 2025: $716,547Expenses 2025: $547,888Net Income 2025: $168,6592025

Highlighted filing

2017

Revenue$528,751
Expenses$547,961
Net Income-$19,210
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Apr 4, 2018
Return Version
2016v3.1
Gross Receipts
$583,751
Mission and Program Overview

Mission

To retain, expand, and attract business & industry and to participate in activities which enhance the economic climate within the Gratiot Community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,261,217$1,238,441▼ $22,776
Other Notes and Loans Receivable, Net$929,497$830,118▼ $99,379
Land, Buildings, and Equipment, Net$110,265$101,034▼ $9,231
Savings and Temporary Cash Investments-$98,657-
Prepaid Expenses and Deferred Charges$1,776$4,230▲ $2,454
Accounts Receivable-$2,292-
Total Assets$2,302,755$2,274,772▼ $27,983
Liabilities
Accounts Payable and Accrued Expenses$25,023$16,250▼ $8,773
Total Liabilities$25,023$16,250▼ $8,773
Net Assets / Fund Balance
Unrestricted Net Assets$2,275,305$2,256,095▼ $19,210
Temporarily Rstr Net Assets$2,427$2,427→ $0
Total Net Assets Fund Balance$2,277,732$2,258,522▼ $19,210
Total Liabilities and Net Assets / Fund Balance$2,302,755$2,274,772▼ $27,983

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$82,448$54,257$136,705
Equipment$15,586$25,314$40,900
Land$3,000-$3,000
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donald SchurrPresidentFT$139,760$17,544$157,304

Board Members and Trustees

NameTitle
Bill HendersonChairman
Bradly VibberPast Chair
Kevin CollisonVice Chair/m
Chris YonkerBoard Member
Greg MapesBoard Member
Jan AmsterburgBoard Member
Kevin BeesonBoard Member
Marci BrowneBoard Member
Ralph WardBoard Member
Robin WhitmoreSecretary
Steve BakkerTreasurer
Jim WheelerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$470,366
Program Service Revenue
$26,329
Investment Income
$13,906
Other Revenue
$18,150
All Other Contributions
$68,000
Change in Net Assets
$-19,210

Audited Revenue Reconciliation

Revenue per Audited Statements
$528,751
Revenue Not Reported on Form 990
$3,000
Total Revenue per Audited Statements
$531,751
Total Revenue per Form 990
$528,751
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$405,936
Other Expenses$142,025
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$103,671$68,045-$171,716
Current Officers, Directors, Trustees, and Key Employees$136,766$15,196-$151,962
Other Employee Benefits$22,161$14,774-$36,935
Payroll Taxes$15,135$10,090-$25,225
Pension Plan Contributions$6,024$14,074-$20,098
Travel$13,346$4,212-$17,558
Advertising$16,163--$16,163
Fees for Services Other$3,575$10,727-$14,302
Occupancy$4,580$6,908-$11,488
Depreciation Depletion$7,385$1,846-$9,231
Office Expenses$4,401$4,447-$8,848
Other Expenses$1,255$1,255-$2,510
Insurance-$1,904-$1,904
Fees for Services Accounting-$1,250-$1,250
Conferences and Meetings-$816-$816
Fees for Services Legal-$528-$528
Total Functional Expenses$389,121$158,840$0$547,961

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$550,961
Expenses per Audited Statements$547,961
Total Expenses per Form 990$547,961
Expenses Not Reported on Form 990$3,000
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
Governance and Compliance

Governance Checklist

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

“The 990 is reviewed by the president and vice president.”

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

“Annual disclosure of conflicts of interest is required.”

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

“The board approves the president's salary.”

Form 990, Page 6, Part VI, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Greater Gratiot Development Inc
EIN
38-2221284
Phone
9898752083
Address
136 SOUTH MAIN, ITHACA, MI 48847-1440

Signing Officer

Name
Jim Wheeler
Title
Vice President
Phone
9898752083
Signed
2018-04-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Wheeler
Formed
1978
Legal Domicile
Mi
Voting Board Members
12
Independent Board Members
13
Employees
7
Volunteers
12

Preparer

Firm
Yeo & Yeo Pc
Address
P O BOX 248, ALMA, MI 48801
Preparer
Thomas Coulter
Phone
9894636108
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Loss on ppe 3,000 loss on ppe -3,000”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“LOSS ON PPE 3,000”

Schedule D, Page 4, Part XII, Line 2D

“LOSS ON PPE 3,000”

Raw XML AppendixShowing 400 of 497 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt025023
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt016250
IRS990/AccountsReceivableGrp/EOYAmt02292
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO RETAIN, EXPAND, AND ATTRACT BUSINESS & INDUSTRY AND TO PARTICIPATE IN ACTIVITIES WHICH ENHANCE THE ECONOMIC CLIMATE WITHIN THE GRATIOT COMMUNITY.
IRS990/AdvertisingGrp/ProgramServicesAmt016163
IRS990/AdvertisingGrp/TotalAmt016163
IRS990/AllOtherContributionsAmt068000
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0SHELLY BROWN
IRS990/BooksInCareOfDetail/PhoneNum09898752083
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0136 S MAIN
IRS990/BooksInCareOfDetail/USAddress/CityNm0ITHACA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048847
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01261217
IRS990/CashNonInterestBearingGrp/EOYAmt01238441
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt015196
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0136766
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0151962
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0816
IRS990/ConferencesMeetingsGrp/TotalAmt0816
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0470366
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt013906
IRS990/CYOtherExpensesAmt0142025
IRS990/CYOtherRevenueAmt018150
IRS990/CYProgramServiceRevenueAmt026329
IRS990/CYRevenuesLessExpensesAmt0-19210
IRS990/CYSalariesCompEmpBnftPaidAmt0405936
IRS990/CYTotalExpensesAmt0547961
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0528751
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01846
IRS990/DepreciationDepletionGrp/ProgramServicesAmt07385
IRS990/DepreciationDepletionGrp/TotalAmt09231
IRS990/Desc0THE ORGANIZATION SERVICES 13 LOANS WHICH WERE EITHER TO ASSIST IN A START UP COMPANY OR COMPANY EXPANSION. COMMUNITY ECONOMIC DEVELOPMENT SERVICES WERE PROVIDED INCLUDING SMALL BUSINESS CONSULTING, INDUSTRY RETENTION, EXPANSION AND ATTRACTION EFFORTS AS WELL AS COMMUNITY PROMOTION AND INTERACTION AMONG VARIOUS TYPES OF STATE AND LOCAL GROUPS. THE ORGANIZATION ALSO SERVES AS A SOURCE FOR INFORMATION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0389121
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01250
IRS990/FeesForServicesAccountingGrp/TotalAmt01250
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0528
IRS990/FeesForServicesLegalGrp/TotalAmt0528
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt010727
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt03575
IRS990/FeesForServicesOtherGrp/TotalAmt014302
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt017544
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0DONALD SCHURR
IRS990/Form990PartVIISectionAGrp/PersonNm1STEVE BAKKER
IRS990/Form990PartVIISectionAGrp/PersonNm2KEVIN COLLISON
IRS990/Form990PartVIISectionAGrp/PersonNm3JIM WHEELER
IRS990/Form990PartVIISectionAGrp/PersonNm4KEVIN BEESON
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBIN WHITMORE
IRS990/Form990PartVIISectionAGrp/PersonNm6GREG MAPES
IRS990/Form990PartVIISectionAGrp/PersonNm7JAN AMSTERBURG
IRS990/Form990PartVIISectionAGrp/PersonNm8MARCI BROWNE
IRS990/Form990PartVIISectionAGrp/PersonNm9BILL HENDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm10BRADLY VIBBER
IRS990/Form990PartVIISectionAGrp/PersonNm11CHRIS YONKER
IRS990/Form990PartVIISectionAGrp/PersonNm12RALPH WARD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0139760
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR/M
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt10PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-3000
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0402366
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt052000
IRS990/GrossReceiptsAmt0583751
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01904
IRS990/InsuranceGrp/TotalAmt01904
IRS990/InvestmentIncomeGrp/ExclusionAmt016906
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt016906
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt079571
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0110265
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0101034
IRS990/LandBldgEquipCostOrOtherBssAmt0180605
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt055000
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO RETAIN, EXPAND, AND ATTRACT BUSINESS & INDUSTRY AND TO PARTICIPATE IN ACTIVITIES WHICH ENHANCE THE ECONOMIC CLIMATE WITHIN THE GRATIOT COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02277732
IRS990/NetAssetsOrFundBalancesEOYAmt02258522
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-3000
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-3000
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt06908
IRS990/OccupancyGrp/ProgramServicesAmt04580
IRS990/OccupancyGrp/TotalAmt011488
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04447
IRS990/OfficeExpensesGrp/ProgramServicesAmt04401
IRS990/OfficeExpensesGrp/TotalAmt08848
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014774
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt022161
IRS990/OtherEmployeeBenefitsGrp/TotalAmt036935
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3MEMBERSHIPS & SUBSCRIPTIO
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02768
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11255
IRS990/OtherExpensesGrp/ProgramServicesAmt045759
IRS990/OtherExpensesGrp/ProgramServicesAmt18900
IRS990/OtherExpensesGrp/ProgramServicesAmt21255
IRS990/OtherExpensesGrp/TotalAmt045759
IRS990/OtherExpensesGrp/TotalAmt18900
IRS990/OtherExpensesGrp/TotalAmt22768
IRS990/OtherExpensesGrp/TotalAmt32510
IRS990/OtherRevenueMiscGrp/BusinessCd0561499
IRS990/OtherRevenueMiscGrp/BusinessCd1561499
IRS990/OtherRevenueMiscGrp/BusinessCd2561499
IRS990/OtherRevenueMiscGrp/Desc0REDEVELOPMENT ADMIN. FEE
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc2SBA - PROJECT REFERRAL
IRS990/OtherRevenueMiscGrp/ExclusionAmt010515
IRS990/OtherRevenueMiscGrp/ExclusionAmt17170
IRS990/OtherRevenueMiscGrp/ExclusionAmt2465
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010515
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt17170
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2465
IRS990/OtherRevenueTotalAmt018150
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt068045
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0103671
IRS990/OtherSalariesAndWagesGrp/TotalAmt0171716
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0929497
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0830118
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010090
IRS990/PayrollTaxesGrp/ProgramServicesAmt015135
IRS990/PayrollTaxesGrp/TotalAmt025225
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt014074
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06024
IRS990/PensionPlanContributionsGrp/TotalAmt020098
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01776
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04230
IRS990/PrincipalOfficerNm0JIM WHEELER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0561499
IRS990/ProgramServiceRevenueGrp/Desc0REVOLVING LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt026329
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt026329
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt012199
IRS990/PYOtherExpensesAmt0105587
IRS990/PYOtherRevenueAmt013834
IRS990/PYProgramServiceRevenueAmt027880
IRS990/PYRevenuesLessExpensesAmt0-356637
IRS990/PYSalariesCompEmpBnftPaidAmt0304963
IRS990/PYTotalExpensesAmt0410550
IRS990/PYTotalRevenueAmt053913
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-19210
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt026329
IRS990/SavingsAndTempCashInvstGrp/EOYAmt098657
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 207,647
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt068000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt042053
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt017000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0136000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0344290
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0607343
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt043235
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt042690
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt043895
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt039384
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt043206
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0212410
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt026329
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt018150
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt013834
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt054747
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt058307
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt062609
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0207647
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.81230
IRS990ScheduleA/PublicSupportPY170Pct00.72740
IRS990ScheduleA/PublicSupportTotal170Amt02073372
IRS990ScheduleA/SubstantialContributorsTotAmt058952
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0402366
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0381803
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0383280
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0357532
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt01524981
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0470366
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0423856
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0400280
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0493532
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0344290
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02132324
IRS990ScheduleA/TotalSupportAmt02552381
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt082448
IRS990ScheduleD/BuildingsGrp/DepreciationAmt054257
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0136705
IRS990ScheduleD/EquipmentGrp/BookValueAmt015586
IRS990ScheduleD/EquipmentGrp/DepreciationAmt025314
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt040900
IRS990ScheduleD/ExpensesNotReportedAmt03000
IRS990ScheduleD/ExpensesSubtotalAmt0547961
IRS990ScheduleD/LandGrp/BookValueAmt03000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03000
IRS990ScheduleD/OtherExpensesIncludedAmt03000
IRS990ScheduleD/OtherRevenueAmt03000
IRS990ScheduleD/RevenueNotReportedAmt03000
IRS990ScheduleD/RevenueSubtotalAmt0528751
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LOSS ON PPE 3,000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON PPE 3,000
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0101034
IRS990ScheduleD/TotalExpensesPerForm990Amt0547961
IRS990ScheduleD/TotalRevenuePerForm990Amt0528751
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0531751
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0550961
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0139760
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt017544
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DONALD SCHURR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0157304
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,274,772
Liabilities
$16,250
Net assets
$2,258,522
Revenue
$528,751
Expenses
$547,961
Net income
-$19,210
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.04$0.06$2.98$0.72$0.55$0.17
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.77$0.03$2.74$0.58$0.48$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.66$0.02$2.64$0.53$0.44$0.09
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$0.02$2.55$0.50$0.41$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.49$0.02$2.46$0.49$0.40$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.41$0.03$2.38$0.47$0.40$0.08
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$0.05$2.30$0.47$0.43$0.04
2017Detailed filing. Detailed filing data is available for this year.$2.27$0.02$2.26$0.53$0.55$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$0.03$2.28$0.48$0.41$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.24$0.03$2.21$0.50$0.44$0.06
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$0.04$2.15$0.59$0.45$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$0.04$2.01$0.45$0.38$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.04$1.94$0.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.04$1.89$0.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$0.05$1.92$0.36
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $1M-$5M nonprofits