Civic Intelligence

Venture North Funding and Development

990 • Fiscal year 2017 • EIN 38-2857500

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 23, 2018

Organization ProfileVENTURENORTHFUNDING.ORG
202 E Grandview ParkwayTraverse City, MI 49684

(231) 947-5075

Siviq Scores

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

Liabilities / Assets

70th percentile

0.40x

Higher debt load relative to assets than 70% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

89th percentile

2.22x

Higher debt load relative to revenue than 89% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

93rd percentile

61%

Higher net margin than 93% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

63rd percentile

$149,976

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 14.4% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

79th percentile

17%

Faster asset growth than 79% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

81st percentile

30%

Faster revenue growth than 81% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$5,801,313

Up $831,447 (+17%) from 2016

Net Assets

Up

$3,482,786

Up $633,865 (+22%) from 2016

Liabilities

Up

$2,318,527

Up $197,582 (+9.3%) from 2016

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin93rd percentile

Revenue

Up

$1,043,954

Up $241,563 (+30%) from 2016

Expenses

Up

$410,089

Up $89,875 (+28%) from 2016

Net Income

Up

$633,865

Up $151,688 (+31%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,357,765Liabilities 2010: $250Net Assets 2010: $1,357,5152010Assets 2011: $1,398,671Liabilities 2011: $17,787Net Assets 2011: $1,380,8842011Assets 2012: $1,422,775Liabilities 2012: $4,501Net Assets 2012: $1,418,2742012Assets 2013: $1,545,694Liabilities 2013: $127,593Net Assets 2013: $1,418,1012013Assets 2014: $4,001,710Liabilities 2014: $2,041,520Net Assets 2014: $1,960,1902014Assets 2015: $4,723,107Liabilities 2015: $2,356,363Net Assets 2015: $2,366,7442015Assets 2016: $4,969,866Liabilities 2016: $2,120,945Net Assets 2016: $2,848,9212016Assets 2017: $5,801,313Liabilities 2017: $2,318,527Net Assets 2017: $3,482,7862017Assets 2018: $6,417,946Liabilities 2018: $2,599,780Net Assets 2018: $3,818,1662018Assets 2019: $6,216,596Liabilities 2019: $2,605,723Net Assets 2019: $3,610,8732019Assets 2020: $6,326,209Liabilities 2020: $3,020,516Net Assets 2020: $3,305,6932020Assets 2021: $6,401,052Liabilities 2021: $2,995,221Net Assets 2021: $3,405,8312021Assets 2022: $6,846,913Liabilities 2022: $3,048,580Net Assets 2022: $3,798,3332022Assets 2023: $7,381,749Liabilities 2023: $3,618,604Net Assets 2023: $3,763,1452023Assets 2024: $7,638,410Liabilities 2024: $3,722,821Net Assets 2024: $3,915,5892024

Highlighted filing

2017

Assets$5,801,313
Liabilities$2,318,527
Net Assets$3,482,786
Open 2017 Filing

Operations Trend

Revenue Growth81st percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $33,8862010Expenses 2011: $92,2592011Expenses 2012: $21,5982012Revenue 2013: $31,818Expenses 2013: $31,991Net Income 2013: -$1732013Revenue 2014: $588,828Expenses 2014: $46,739Net Income 2014: $542,0892014Revenue 2015: $557,666Expenses 2015: $151,112Net Income 2015: $406,5542015Revenue 2016: $802,391Expenses 2016: $320,214Net Income 2016: $482,1772016Revenue 2017: $1,043,954Expenses 2017: $410,089Net Income 2017: $633,8652017Revenue 2018: $752,492Expenses 2018: $417,112Net Income 2018: $335,3802018Revenue 2019: $520,515Expenses 2019: $727,808Net Income 2019: -$207,2932019Revenue 2020: $971,490Expenses 2020: $1,276,670Net Income 2020: -$305,1802020Revenue 2021: $1,349,702Expenses 2021: $1,249,564Net Income 2021: $100,1382021Revenue 2022: $1,193,048Expenses 2022: $800,546Net Income 2022: $392,5022022Revenue 2023: $987,877Expenses 2023: $1,023,065Net Income 2023: -$35,1882023Revenue 2024: $1,178,560Expenses 2024: $1,026,116Net Income 2024: $152,4442024

Highlighted filing

2017

Revenue$1,043,954
Expenses$410,089
Net Income$633,865
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 23, 2018
Return Version
2017v2.3
Gross Receipts
$1,043,954
Mission and Program Overview

Mission

We unlock the potential of under-resourced business owners and entrepreneurs through securing and deploying capital and technical support that contribute to vibrant businesses, positive economic impact, and strong, healthy communities throughout the 10-county northwest michigan region.

To facilitate economic development in the northwest michigan region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$2,244,244$3,066,199▲ $821,955
Savings and Temporary Cash Investments$2,719,089$2,695,336▼ $23,753
Accounts Receivable$4,417$22,453▲ $18,036
Land, Buildings, and Equipment, Net$0$16,815▲ $16,815
Prepaid Expenses and Deferred Charges$2,116$510▼ $1,606
Total Assets$4,969,866$5,801,313▲ $831,447
Liabilities
Mortgage Notes Payable Secured by Investment Property$463,250$1,166,615▲ $703,365
Other Liabilities$1,587,746$1,122,913▼ $464,833
Grants Payable$60,100$17,300▼ $42,800
Accounts Payable and Accrued Expenses$9,849$11,699▲ $1,850
Total Liabilities$2,120,945$2,318,527▲ $197,582
Net Assets / Fund Balance
Unrestricted Net Assets$2,844,946$3,477,786▲ $632,840
Temporarily Rstr Net Assets$3,975$5,000▲ $1,025
Total Net Assets Fund Balance$2,848,921$3,482,786▲ $633,865
Total Liabilities and Net Assets / Fund Balance$4,969,866$5,801,313▲ $831,447

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$16,815$885$17,700
Compensation and Service Providers
Top Officer Pay63rd percentile

Employees

NameTitleOtherTotal
Doug LucianiPresident / CEO$149,976$149,976

Board Members and Trustees

NameTitle
Remos LenioChair
Sara HardingImmediate Past Chair
Fred TurcotteVice Chair
Bob BrickDirector
Mark HeplerDirector
Paul BrittenDirector
Rick SchmittDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$752,280
Program Service Revenue
$183,695
Investment Income
$101,199
Other Revenue
$6,780
All Other Contributions
$234,780
Change in Net Assets
$633,865

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,043,954
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,043,954
Total Revenue per Form 990
$1,043,954
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$231,243
Other Expenses$178,846
Total Fundraising Expense$48,561
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$175,745$6,937$48,561$231,243
Fees for Services Management-$79,286-$79,286
Fees for Services Accounting-$7,875-$7,875
Travel-$7,393-$7,393
Fees for Services Legal-$6,483-$6,483
Occupancy-$4,242-$4,242
Conferences and Meetings$3,346--$3,346
Office Expenses-$2,803-$2,803
Other Expenses$15,641$2,231-$2,231
All Other Expenses-$2,197-$2,197
Insurance-$1,093-$1,093
Depreciation Depletion$885--$885
Total Functional Expenses$238,576$122,952$48,561$410,089

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$410,089
Total Expenses per Audited Statements$410,089
Total Expenses per Form 990$410,089
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Grant Advance$1,052,684
Fiduciary Agent Liability$51,068
Due to Affiliates and Related Parties$19,161
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
No
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 B, Line 11B

“The form 990 is provided to the finance commitee for review prior to filing.”

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

“The policy is distributed to board members once a year and they are required to sign an acknowledgment form.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Venture North Funding and Development
EIN
38-2857500
Phone
2319475075
Address
202 E GRANDVIEW PARKWAY, TRAVERSE CITY, MI 49684

Signing Officer

Name
Doug Luciani
Title
President
Phone
2319957110
Signed
2018-08-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Luciani
Formed
1989
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Dgn LLC
Address
PO BOX 947, TRAVERSE CITY, MI 49685-0947
Preparer
Mary F Krantz CPA
Phone
2319461722
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 7

“The organization leases employees from traverseconnect, a related organization.”

FORM 990, PART XII, LINE 2C:

“The board of directors assumes responsibility for the oversight and selection of the auditors.”

Financial Statement Notes

PART X, LINE 2:

“Venture north funding and development are exempt from federal income tax under the provisions of section 501(c)(3) of the internal revenue code. Venture north funding and development has no business income unrelated to their exempt purposes and therefore, have not filed income tax returns in any state jurisdiction.”

Raw XML AppendixShowing 400 of 489 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.

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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02116
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0510
IRS990/PrincipalOfficerNm0DOUG LUCIANI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541610
IRS990/ProgramServiceRevenueGrp/BusinessCd1541610
IRS990/ProgramServiceRevenueGrp/Desc0LOAN APPLICATION & ADM
IRS990/ProgramServiceRevenueGrp/Desc1FEES FOR SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0153595
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt130100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0153595
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt130100
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0575706
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0156265
IRS990/PYOtherExpensesAmt0320214
IRS990/PYOtherRevenueAmt052885
IRS990/PYProgramServiceRevenueAmt017535
IRS990/PYRevenuesLessExpensesAmt0482177
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0320214
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0802391
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0633865
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02719089
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02695336
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0752280
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0575706
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0322596
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0550755
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt04105
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02205442
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0101199
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0156265
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt084517
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt036885
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt024513
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0403379
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0183695
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt070420
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt047407
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01188
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt036212
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0338922
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0101199
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0156265
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt084517
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt036885
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt024513
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0403379
IRS990ScheduleA/InvestmentIncomeCYPct00.13680
IRS990ScheduleA/InvestmentIncomePYPct00.17380
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.86320
IRS990ScheduleA/PublicSupportPY509Pct00.82620
IRS990ScheduleA/PublicSupportTotal509Amt02544364
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0935975
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0646126
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0370003
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0551943
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt040317
IRS990ScheduleA/Total509Grp/TotalAmt02544364
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01037174
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0802391
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0454520
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0588828
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt064830
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02947743
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0410089
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt016815
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0885
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt017700
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt051068
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt119161
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21052684
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FIDUCIARY AGENT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATES AND RELATED PARTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2GRANT ADVANCE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01043954
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0VENTURE NORTH FUNDING AND DEVELOPMENT ARE EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. VENTURE NORTH FUNDING AND DEVELOPMENT HAS NO BUSINESS INCOME UNRELATED TO THEIR EXEMPT PURPOSES AND THEREFORE, HAVE NOT FILED INCOME TAX RETURNS IN ANY STATE JURISDICTION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016815
IRS990ScheduleD/TotalExpensesPerForm990Amt0410089
IRS990ScheduleD/TotalLiabilityAmt01122913
IRS990ScheduleD/TotalRevenuePerForm990Amt01043954
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01043954
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0410089
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PROVIDED TO THE FINANCE COMMITEE FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE POLICY IS DISTRIBUTED TO BOARD MEMBERS ONCE A YEAR AND THEY ARE REQUIRED TO SIGN AN ACKNOWLEDGMENT FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION LEASES EMPLOYEES FROM TRAVERSECONNECT, A RELATED ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT AND SELECTION OF THE AUDITORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TRAVERSECONNECT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1TRAVERSECONNECT PAC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2TRAVERSE CITY AREA CHAMBER OF COMMERCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0472891252
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1823467867
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2381108490
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)4
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1527
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO BE A CATALYST FOR RESPONSE ECONOMIC GROWTH AND COMMUNITY WELL BEING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1TO SUPPORT NOMINATION OF CANDIDATES TO PUBLIC OFFICERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2TO ADVANCE AND PROMOTE THE COMMERCIAL, INDUSTRIAL, AND CIVIC DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0202 EGRANDVIEW PARKWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1202 EGRANDVIEW PARKWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2202 EGRANDVIEW PARKWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0TRAVERSE CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1TRAVERSE CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2TRAVERSE CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd049684
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd149684
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd249684
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0231243
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0TRAVERSECONNECT
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$5,801,313
Liabilities
$2,318,527
Net assets
$3,482,786
Revenue
$1,043,954
Expenses
$410,089
Net income
$633,865
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.64$3.72$3.92$1.18$1.03$0.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.38$3.62$3.76$0.99$1.02$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.85$3.05$3.80$1.19$0.80$0.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.40$3.00$3.41$1.35$1.25$0.10
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$6.33$3.02$3.31$0.97$1.28$0.31
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.22$2.61$3.61$0.52$0.73$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.42$2.60$3.82$0.75$0.42$0.34
2017Detailed filing. Detailed filing data is available for this year.$5.80$2.32$3.48$1.04$0.41$0.63
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.97$2.12$2.85$0.80$0.32$0.48
2015Summary only. Only limited summary data is available for this year.$4.72$2.36$2.37$0.56$0.15$0.41
2014Detailed filing. Detailed filing data is available for this year.$4.00$2.04$1.96$0.59$0.05$0.54
2013Detailed filing. Detailed filing data is available for this year.$1.55$0.13$1.42$0.03$0.03$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.00$1.42$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.02$1.38$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.00$1.36$0.03