Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Mason County Economic Development Alliance
990EZ • Fiscal year 2022 • EIN 38-2950628
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.89x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
90th percentile
Higher net margin than 90% of similar nonprofits.
Top Officer Pay
72nd percentile
Higher top officer pay than 72% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
44th percentile
Faster asset growth than 44% of similar nonprofits.
Revenue Growth
7th percentile
Faster revenue growth than 7% of similar nonprofits.
Balance Sheet
Assets
Down$238,698
Down $5,204 (-2.1%) from 2021
Net Assets
Up$25,551
Up $19,274 (+307%) from 2021
Liabilities
Down$213,147
Down $24,478 (-10%) from 2021
Revenue And Expenses
Revenue
Down$54,625
Down $35,716 (-40%) from 2021
Expenses
Down$35,351
Down $52,262 (-60%) from 2021
Net Income
Up$19,274
Up $16,546 (+607%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Feb 10, 2023
- Return Version
- 2022v4.1
- Gross Receipts
- $54,625
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
| Description | Grants | Expenses |
|---|---|---|
| SUPPORT MEMBERS IN ECONOMIC DEVELOPMENT | - | - |
| SUPPORT MEMBERS IN ECONOMIC DEVELOPMENT | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| POLLY MYER | Treasurer | - | $0 | - | - |
| BRANDY MILLER | President | - | $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
- 2023-02-10
- 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 9,867 insurance 954 total 10,821”
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 2,374 644 deferred revenue 15,825 0 mortgage payable 219,426 212,503”
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 Appendix104 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | POLLY MYER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2318450324 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 119 SOUTH RATH AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LUDINGTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 49431 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 24505 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 26534 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 54625 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 19274 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 610 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 243902 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 238698 |
| IRS990EZ/GrossReceiptsAmt | 0 | 54625 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 219397 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 212164 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 6277 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 25551 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 6277 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 25551 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 23920 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | POLLY MYER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | BRANDY MILLER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 10821 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SUPPORT MEMBERS IN ECONOMIC DEVELOPMENT |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | SUPPORT MEMBERS IN ECONOMIC DEVELOPMENT |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MI |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 237625 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 213147 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 35351 |
| IRS990EZ/TotalRevenueAmt | 0 | 54625 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES INTEREST EXPENSE 9,867 INSURANCE 954 TOTAL 10,821 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FURNITURE AND FIXTURES 61,206 61,206 LESS ACCUMULATED DEPRECIATION 61,206 61,206 TOTAL 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,374 644 DEFERRED REVENUE 15,825 0 MORTGAGE PAYABLE 219,426 212,503 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | SUPPORT MEMBERS IN ECONOMIC DEVELOPMENT |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BRANDY MILLER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2318450324 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-02-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MASON COUNTY ECONOMIC DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | ALLIANCE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MASO |
| ReturnHeader/Filer/EIN | 0 | 382950628 |
| ReturnHeader/Filer/PhoneNum | 0 | 2318450324 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 119 SOUTH RATH AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LUDINGTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 49431 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 382095735 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | RICHARDS & MCDOUGALL PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 475 WATER STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MANISTEE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 49660 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2317236275 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-02-18 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAVID L RICHARDS CPA |
| ReturnHeader/ReturnTs | 0 | 2023-02-28T10:35:32-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | BRANDY |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | MILLER |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $238,698
- Liabilities
- $213,147
- Net assets
- $25,551
- Revenue
- $54,625
- Expenses
- $35,351
- Net income
- $19,274