Civic Intelligence

Mason County Economic Development Alliance

990EZ • Fiscal year 2021 • EIN 38-2950628

Jan 01, 2021 to Dec 31, 2021 • Filed on May 14, 2022

119 South Rath AvenueLudington, MI 49431

(231) 845-0324

Siviq Scores

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

Liabilities / Assets

97th percentile

0.97x

Higher debt load relative to assets than 97% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

2.63x

Higher debt load relative to revenue than 99% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

41st percentile

3.0%

Higher net margin than 41% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

100th percentile

3434%

Faster asset growth than 100% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

55th percentile

7.2%

Faster revenue growth than 55% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$243,902

Up $237,000 (+3434%) from 2020

Net Assets

$6,277

No earlier filing loaded for comparison.

Liabilities

Up

$237,625

Up $234,272 (+6987%) from 2020

Revenue

Up

$90,341

Up $6,050 (+7.2%) from 2020

Expenses

Up

$87,613

Up $7,499 (+9.4%) from 2020

Net Income

Down

$2,728

Down $1,449 (-35%) from 2020

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $21,775Liabilities 2011: $24,0592011Assets 2012: $19,452Liabilities 2012: $21,3212012Assets 2013: $17,538Liabilities 2013: $19,4392013Assets 2014: $10,980Liabilities 2014: $17,0452014Assets 2015: $25,056Liabilities 2015: $26,6572015Assets 2016: $13,873Liabilities 2016: $11,1882016Assets 2017: $6,916Liabilities 2017: $10,1352017Assets 2018: $3,029Liabilities 2018: $7,8912018Assets 2019: $5,025Liabilities 2019: $5,6532019Assets 2020: $6,902Liabilities 2020: $3,3532020Assets 2021: $243,902Liabilities 2021: $237,625Net Assets 2021: $6,2772021Assets 2022: $238,698Liabilities 2022: $213,147Net Assets 2022: $25,5512022Assets 2023: $230,002Liabilities 2023: $205,742Net Assets 2023: $24,2602023Assets 2024: $231,834Liabilities 2024: $198,160Net Assets 2024: $33,6742024

Highlighted filing

2021

Assets$243,902
Liabilities$237,625
Net Assets$6,277

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $74,112Expenses 2011: $73,290Net Income 2011: $8222011Revenue 2012: $83,901Expenses 2012: $83,481Net Income 2012: $4202012Revenue 2013: $84,151Expenses 2013: $84,183Net Income 2013: -$322013Revenue 2014: $71,901Expenses 2014: $81,576Net Income 2014: -$9,6752014Revenue 2015: $82,851Expenses 2015: $78,387Net Income 2015: $4,4642015Revenue 2016: $81,851Expenses 2016: $77,565Net Income 2016: $4,2862016Revenue 2017: $78,891Expenses 2017: $84,795Net Income 2017: -$5,9042017Revenue 2018: $78,891Expenses 2018: $80,534Net Income 2018: -$1,6432018Revenue 2019: $84,291Expenses 2019: $80,056Net Income 2019: $4,2352019Revenue 2020: $84,291Expenses 2020: $80,114Net Income 2020: $4,1772020Revenue 2021: $90,341Expenses 2021: $87,613Net Income 2021: $2,7282021Revenue 2022: $54,625Expenses 2022: $35,351Net Income 2022: $19,2742022Revenue 2023: $51,600Expenses 2023: $52,891Net Income 2023: -$1,2912023Revenue 2024: $57,000Expenses 2024: $47,585Net Income 2024: $9,4152024

Highlighted filing

2021

Revenue$90,341
Expenses$87,613
Net Income$2,728
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 14, 2022
Return Version
2021v4.0
Gross Receipts
$90,341
Mission and Program Overview

Mission

The purpose of the alliance shall be to stimulate economic development in mason county by corrdinating the efforts of existing agencies and encouraging mutually supportive effort, while maintaining the origianl identify and purpose of the member agencies.

Program Services

DescriptionGrantsExpenses
SUPPORT MEMBERS IN ECONOMIC DEVELOPMENT--
SUPPORT MEMBERS IN ECONOMIC DEVELOPMENT--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
POLLY MYERTreasurer-$0--
BRANDY MILLERPresident-$0--
Filing and Contact Details

Filer

Filer Name
Mason County Economic Development
EIN
38-2950628
Phone
2318450324
Address
119 SOUTH RATH AVENUE, LUDINGTON, MI 49431

Signing Officer

Name
Brandy Miller
Title
President
Phone
2318450324
Signed
2022-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Richards & Mcdougall Pc
Address
475 WATER STREET, MANISTEE, MI 49660
Preparer
David L Richards CPA
Phone
2317236275
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses interest expense 825 insurance 954 total 1,779

Form 990-ez, Part II, Line 24

Furniture and fixtures 61,206 61,206 less accumulated depreciation 61,206 61,206 total 0 0

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,128 2,374 deferred revenue 30,322 15,825 mortgage payable 0 219,426

Form 990-ez, Part III

The purpose of the alliance shall be to stimulate economic development in mason county by corrdinating the efforts of existing agencies and encouraging mutually supportive effort, while maintaining the origianl identify and purpose of the member agencies.

Form 990-ez, Part III, Line 31

Support members in economic development

Raw XML Appendix103 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0POLLY MYER
IRS990EZ/BooksInCareOfDetail/PhoneNum02318450324
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0119 SOUTH RATH AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LUDINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd049431
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt034999
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt024505
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt090341
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02728
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0595
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt034999
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0243902
IRS990EZ/GrossReceiptsAmt090341
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/EOYAmt0219397
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03549
IRS990EZ/NetAssetsOrFundBalancesEOYAmt06277
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03549
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt06277
IRS990EZ/OccupancyRentUtltsAndMaintAmt085239
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0POLLY MYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BRANDY MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01779
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE ALLIANCE SHALL BE TO STIMULATE ECONOMIC DEVELOPMENT IN MASON COUNTY BY CORRDINATING THE EFFORTS OF EXISTING AGENCIES AND ENCOURAGING MUTUALLY SUPPORTIVE EFFORT, WHILE MAINTAINING THE ORIGIANL IDENTIFY AND PURPOSE OF THE MEMBER AGENCIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SUPPORT MEMBERS IN ECONOMIC DEVELOPMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1SUPPORT MEMBERS IN ECONOMIC DEVELOPMENT
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MI
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt031450
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0237625
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt087613
IRS990EZ/TotalRevenueAmt090341
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INTEREST EXPENSE 825 INSURANCE 954 TOTAL 1,779
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FURNITURE AND FIXTURES 61,206 61,206 LESS ACCUMULATED DEPRECIATION 61,206 61,206 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,128 2,374 DEFERRED REVENUE 30,322 15,825 MORTGAGE PAYABLE 0 219,426
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PURPOSE OF THE ALLIANCE SHALL BE TO STIMULATE ECONOMIC DEVELOPMENT IN MASON COUNTY BY CORRDINATING THE EFFORTS OF EXISTING AGENCIES AND ENCOURAGING MUTUALLY SUPPORTIVE EFFORT, WHILE MAINTAINING THE ORIGIANL IDENTIFY AND PURPOSE OF THE MEMBER AGENCIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SUPPORT MEMBERS IN ECONOMIC DEVELOPMENT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRANDY MILLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02318450324
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MASON COUNTY ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ALLIANCE
ReturnHeader/Filer/BusinessNameControlTxt0MASO
ReturnHeader/Filer/EIN0382950628
ReturnHeader/Filer/PhoneNum02318450324
ReturnHeader/Filer/USAddress/AddressLine1Txt0119 SOUTH RATH AVENUE
ReturnHeader/Filer/USAddress/CityNm0LUDINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049431
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382095735
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RICHARDS & MCDOUGALL PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0475 WATER STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MANISTEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049660
ReturnHeader/PreparerPersonGrp/PhoneNum02317236275
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID L RICHARDS CPA
ReturnHeader/ReturnTs02022-05-16T09:20:08-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BRANDY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MILLER
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.32$1.98$0.34$0.57$0.48$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.30$2.06$0.24$0.52$0.53$0.01
2022Detailed filing. Detailed filing data is available for this year.$2.39$2.13$0.26$0.55$0.35$0.19
2021Detailed filing. Detailed filing data is available for this year.$2.44$2.38$0.06$0.90$0.88$0.03
2020Summary only. Only limited summary data is available for this year.$0.07$0.03$0.84$0.80$0.04
2019Summary only. Only limited summary data is available for this year.$0.05$0.06$0.84$0.80$0.04
2018Summary only. Only limited summary data is available for this year.$0.03$0.08$0.79$0.81$0.02
2017Summary only. Only limited summary data is available for this year.$0.07$0.10$0.79$0.85$0.06
2016Summary only. Only limited summary data is available for this year.$0.14$0.11$0.82$0.78$0.04
2015Summary only. Only limited summary data is available for this year.$0.25$0.27$0.83$0.78$0.04
2014Summary only. Only limited summary data is available for this year.$0.11$0.17$0.72$0.82$0.10
2013Summary only. Only limited summary data is available for this year.$0.18$0.19$0.84$0.84$0.00
2012Summary only. Only limited summary data is available for this year.$0.19$0.21$0.84$0.83$0.00
2011Summary only. Only limited summary data is available for this year.$0.22$0.24$0.74$0.73$0.01