Civic Intelligence

Michigan Economic Development Foundation

990 • Fiscal year 2013 • EIN 38-2527475

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 14, 2014

Organization ProfileN/A
201 Townsend St No 900Okemos, MI 48933

(517) 374-9111

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

74th percentile

17%

Higher net margin than 74% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

93rd percentile

$122,486

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 20.2% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

73rd percentile

14%

Faster asset growth than 73% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

71st percentile

19%

Faster revenue growth than 71% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets24th percentile

Assets

Up

$831,810

Up $102,682 (+14%) from 2012

Net Assets

Up

$831,810

Up $102,682 (+14%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue And Expenses
Liabilities / Revenue25th percentileNet Margin74th percentile

Revenue

Up

$606,716

Up $96,415 (+19%) from 2012

Expenses

Up

$504,034

Up $6,279 (+1.3%) from 2012

Net Income

Up

$102,682

Up $90,136 (+718%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

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

$1.5M$1.0M$500K$0Assets 2010: $527,006Liabilities 2010: $0Net Assets 2010: $527,0062010Assets 2011: $716,582Liabilities 2011: $0Net Assets 2011: $716,5822011Assets 2012: $729,128Liabilities 2012: $0Net Assets 2012: $729,1282012Assets 2013: $831,810Liabilities 2013: $0Net Assets 2013: $831,8102013Assets 2014: $727,963Liabilities 2014: $98,362Net Assets 2014: $629,6012014Assets 2015: $610,684Liabilities 2015: $63,847Net Assets 2015: $546,8372015Assets 2016: $587,591Liabilities 2016: $23,757Net Assets 2016: $563,8342016Assets 2017: $419,101Liabilities 2017: $0Net Assets 2017: $419,1012017Assets 2018: $471,811Liabilities 2018: $13,692Net Assets 2018: $458,1192018Assets 2019: $686,383Liabilities 2019: $22,294Net Assets 2019: $664,0892019Assets 2020: $994,061Liabilities 2020: $41,282Net Assets 2020: $952,7792020Assets 2021: $1,060,409Liabilities 2021: $4,350Net Assets 2021: $1,056,0592021Assets 2022: $1,233,709Liabilities 2022: $155Net Assets 2022: $1,233,5542022Assets 2023: $977,132Liabilities 2023: $18,912Net Assets 2023: $958,2202023Assets 2024: $912,784Liabilities 2024: $24,608Net Assets 2024: $888,1762024

Highlighted filing

2013

Assets$831,810
Liabilities$0
Net Assets$831,810
Open 2013 Filing

Operations Trend

Revenue Growth71st percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $460,1922010Expenses 2011: $287,3262011Revenue 2012: $510,301Expenses 2012: $497,755Net Income 2012: $12,5462012Revenue 2013: $606,716Expenses 2013: $504,034Net Income 2013: $102,6822013Revenue 2014: $665,463Expenses 2014: $777,272Net Income 2014: -$111,8092014Revenue 2015: $583,678Expenses 2015: $660,922Net Income 2015: -$77,2442015Revenue 2016: $648,033Expenses 2016: $635,915Net Income 2016: $12,1182016Revenue 2017: $825,231Expenses 2017: $980,874Net Income 2017: -$155,6432017Revenue 2018: $768,379Expenses 2018: $729,361Net Income 2018: $39,0182018Revenue 2019: $783,124Expenses 2019: $577,154Net Income 2019: $205,9702019Revenue 2020: $688,986Expenses 2020: $362,449Net Income 2020: $326,5372020Revenue 2021: $613,109Expenses 2021: $509,829Net Income 2021: $103,2802021Revenue 2022: $934,993Expenses 2022: $757,498Net Income 2022: $177,4952022Revenue 2023: $782,167Expenses 2023: $1,057,501Net Income 2023: -$275,3342023Revenue 2024: $687,709Expenses 2024: $757,753Net Income 2024: -$70,0442024

Highlighted filing

2013

Revenue$606,716
Expenses$504,034
Net Income$102,682
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 14, 2014
Return Version
2013v3.0
Gross Receipts
$606,716
Mission and Program Overview

Mission

To lessen the burden of the government of the state of michigan, to promote the public welfare, and to relieve the condition of high unemployment in the state of michigan.

To lessen the burden of the government of michigan and to promote the public welfare.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$419,158$419,374▲ $216
Cash and Non-Interest-Bearing Accounts$309,970$412,436▲ $102,466
Total Assets$729,128$831,810▲ $102,682
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$729,128$831,810▲ $102,682
Total Net Assets Fund Balance$729,128$831,810▲ $102,682
Total Liabilities and Net Assets / Fund Balance$729,128$831,810▲ $102,682
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer M LefevreSecretaryPT$122,486$122,486

Board Members and Trustees

NameTitle
Rick SnyderChair (ex-officio)
Frederick E ShellPresident & Co-chair
Allan HooperBoard Member
Brooke BeebeBoard Member
Bryan RoosaBoard Member
D Jeffrey NoelBoard Member
Dana DebelBoard Member
Donna ZalewskiBoard Member
Jim CumminsBoard Member
Jim MurrayBoard Member
Judy BrownBoard Member
Mary CullerBoard Member
Tricia KeithBoard Member
Christine EstereicherAssistant Treasurer
Steven KurmasTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Jennifer Lefevre Dba Lefevre ConsultingConsulting-$122,486
Revenue and Support

Revenue Composition

Contributions and Grants
$606,500
Program Service Revenue
$0
Investment Income
$216
Other Revenue
$0
All Other Contributions
$606,500
Change in Net Assets
$102,682
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$381,548
Salaries, Compensation, and Employee Benefits$122,486
Total Fundraising Expense$46,545
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$341,438--$341,438
Current Officers, Directors, Trustees, and Key Employees$23,272$52,669$46,545$122,486
Other Expenses$6,714--$6,714
Fees for Services Accounting-$5,636-$5,636
Insurance-$4,336-$4,336
Office Expenses-$4,154-$4,154
Total Functional Expenses$390,694$66,795$46,545$504,034
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jennifer LefevreJennifer Lefevre Is the Owner of Lefevre ConsultingJennifer Lefevre Is the Owner of Lefevre Consulting and the Executive Director/secretary of the Michigan Economic Development Foundation. She Has a Non-voting Position With the Foundation. Lefevre Consulting Is the Independent Contractor for Management Services and Administration.No$122,486
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
No
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 6

“The foundation may have different classes of members. The number and delineation of the classes of members may be changed from time to time by resolution of the board of directors. Members in the foundation shall be non-voting.”

Form 990, Part VI, Section B, Line 11

“The 990 is received by the organization's secretary who reviews the return for accuracy. Upon the secretary's approval, the 990 is made available to the board of directors in electronic format. After any concerns presented by the board are addressed, the treasurer signs and files the return.”

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

“Jennifer lefevre is the owner of lefevre consulting and the executive director/secretary of the michigan economic development foundation. She has a non-voting position with the foundation. Lefevre consulting is the independent contractor for management services and administration. Cash payments of $122,485.57 were made during the year under this contract.”

Form 990, Part VI, Section C, Line 19

“All information is available upon request. Form 990 is also posted annually on guidestar's website. The foundation is licensed to solicit in the state of michigan and provides form 990 and audited financial statements to the michigan attorney general's office where it is public information.”

Filing and Contact Details

Filer

EIN
38-2527475
Phone
5173749111

Signing Officer

Name
Steven Kurmas
Title
Treasurer
Phone
5173749111
Signed
2014-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Kurmas
Formed
1984
Legal Domicile
Mi
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
15

Preparer

Preparer
Dennis D Theis CPA
Phone
5173237500
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“Michigan economic development foundation has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed from the prior year.”

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IRS990/ProgSrvcAccomActy2Grp/Desc0EVENTS, RECEPTIONS & CONFERENCES TO PROMOTE ECONOMIC DEVELOPMENT IN MICHIGAN. THESE EVENTS HAD A TOTAL ATTENDANCE OF APPROXIMATELY 2,500 ATTENDEES INCLUDING BUSINESS REPS & NATIONAL & INTERNATIONAL AUTOMOTIVE SUPPLIERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0294490
IRS990/ProgSrvcAccomActy3Grp/Desc0MARKET RESEARCH, ADVERTISING AND PUBLIC RELATIONS TO INCREASE THE EFFECTIVENESS OF THE STATE OF MICHIGAN'S ECONOMIC DEVELOPMENT AND MARKETING EFFORTS TO RETAIN AND ATTRACT BUSINESS TO MICHIGAN.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt06714
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0509250
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01051
IRS990/PYOtherExpensesAmt0371166
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt012546
IRS990/PYSalariesCompEmpBnftPaidAmt0126589
IRS990/PYTotalExpensesAmt0497755
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0510301
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0102682
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0419158
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0419374
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0606500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0509250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0475862
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0342696
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0349825
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02284133
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0216
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01051
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01040
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01354
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02400
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06061
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.51500
IRS990ScheduleA/PublicSupportPY170Pct00.48380
IRS990ScheduleA/PublicSupportTotal170Amt01179497
IRS990ScheduleA/SubstantialContributorsTotAmt01104636
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0606500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0509250
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0475862
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0342696
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0349825
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02284133
IRS990ScheduleA/TotalSupportAmt02290194
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/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JENNIFER LEFEVRE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0JENNIFER LEFEVRE IS THE OWNER OF LEFEVRE CONSULTING
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0122486
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0JENNIFER LEFEVRE IS THE OWNER OF LEFEVRE CONSULTING AND THE EXECUTIVE DIRECTOR/SECRETARY OF THE MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION. SHE HAS A NON-VOTING POSITION WITH THE FOUNDATION. LEFEVRE CONSULTING IS THE INDEPENDENT CONTRACTOR FOR MANAGEMENT SERVICES AND ADMINISTRATION.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION MAY HAVE DIFFERENT CLASSES OF MEMBERS. THE NUMBER AND DELINEATION OF THE CLASSES OF MEMBERS MAY BE CHANGED FROM TIME TO TIME BY RESOLUTION OF THE BOARD OF DIRECTORS. MEMBERS IN THE FOUNDATION SHALL BE NON-VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS RECEIVED BY THE ORGANIZATION'S SECRETARY WHO REVIEWS THE RETURN FOR ACCURACY. UPON THE SECRETARY'S APPROVAL, THE 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS IN ELECTRONIC FORMAT. AFTER ANY CONCERNS PRESENTED BY THE BOARD ARE ADDRESSED, THE TREASURER SIGNS AND FILES THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2JENNIFER LEFEVRE IS THE OWNER OF LEFEVRE CONSULTING AND THE EXECUTIVE DIRECTOR/SECRETARY OF THE MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION. SHE HAS A NON-VOTING POSITION WITH THE FOUNDATION. LEFEVRE CONSULTING IS THE INDEPENDENT CONTRACTOR FOR MANAGEMENT SERVICES AND ADMINISTRATION. CASH PAYMENTS OF $122,485.57 WERE MADE DURING THE YEAR UNDER THIS CONTRACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL INFORMATION IS AVAILABLE UPON REQUEST. FORM 990 IS ALSO POSTED ANNUALLY ON GUIDESTAR'S WEBSITE. THE FOUNDATION IS LICENSED TO SOLICIT IN THE STATE OF MICHIGAN AND PROVIDES FORM 990 AND AUDITED FINANCIAL STATEMENTS TO THE MICHIGAN ATTORNEY GENERAL'S OFFICE WHERE IT IS PUBLIC INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0729128
IRS990/TotalAssetsEOYAmt0831810
IRS990/TotalAssetsGrp/BOYAmt0729128
IRS990/TotalAssetsGrp/EOYAmt0831810
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0606500
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt046545
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt066795
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0390694
IRS990/TotalFunctionalExpensesGrp/TotalAmt0504034
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0729128
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0831810
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0390694
IRS990/TotalReportableCompFromOrgAmt0122486
IRS990/TotalRevenueGrp/ExclusionAmt0216
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0606716
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0729128
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0831810
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0729128
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0831810
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10201 TOWNSEND ST NO 900
IRS990/USAddress/City0LANSING
IRS990/USAddress/State0MI
IRS990/USAddress/ZIPCode048933
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVEN KURMAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05173749111
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MICH
ReturnHeader/Filer/EIN0382527475
ReturnHeader/Filer/PhoneNum05173749111
ReturnHeader/Filer/USAddress/AddressLine10201 TOWNSEND ST NO 900
ReturnHeader/Filer/USAddress/City0LANSING
ReturnHeader/Filer/USAddress/State0MI
ReturnHeader/Filer/USAddress/ZIPCode048933
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382157642
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10MANER COSTERISAN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine102425 E GRAND RIVER SUITE 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0LANSING

Document Assets

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$831,810
Liabilities
$0
Net assets
$831,810
Revenue
$606,716
Expenses
$504,034
Net income
$102,682
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.91$0.02$0.89$0.69$0.76$0.07
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.02$0.96$0.78$1.06$0.28
2022Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.93$0.76$0.18
2021Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.61$0.51$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.99$0.04$0.95$0.69$0.36$0.33
2019Detailed filing. Detailed filing data is available for this year.$0.69$0.02$0.66$0.78$0.58$0.21
2018Detailed filing. Detailed filing data is available for this year.$0.47$0.01$0.46$0.77$0.73$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.83$0.98$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.59$0.02$0.56$0.65$0.64$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.61$0.06$0.55$0.58$0.66$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.73$0.10$0.63$0.67$0.78$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.61$0.50$0.10
2012Summary only. Only limited summary data is available for this year.$0.73$0.00$0.73$0.51$0.50$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.00$0.72$0.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.00$0.53$0.46