Liabilities / Assets
55th percentile
Higher debt load relative to assets than 55% of similar nonprofits.
Michigan Venture Capital Association
EIN 81-0559466 • 501(c)6 • Bloomfield Hills, MI
Profile
The mission of the organization is to grow and sustain a vibrant venture capital community in michigan by promoting an entrepenurial environment through encouraging investments in new and emerging companies, educating the community to the benefits of venture capital investing and promoting professional development of members through research and professional development opportunities.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.18x
Liabilities / Revenue
79th percentile
Higher debt load relative to revenue than 79% of similar nonprofits.
Net Margin
66th percentile
Higher net margin than 66% of similar nonprofits.
Top Officer Pay
68th percentile
Higher top officer pay than 68% of similar nonprofits.
Top officer pay equals 38.4% of source-year revenue.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
53rd percentile
Faster revenue growth than 53% of similar nonprofits.
Balance Sheet
Assets
Up$1,231,283
Up $81,820 (+7.1%) from 2023
Liabilities
Up$222,943
Up $30,993 (+16%) from 2023
Net Assets
Up$1,008,340
Up $50,827 (+5.3%) from 2023
Revenue
Up$507,611
Up $31,507 (+6.6%) from 2023
Expenses
Down$458,359
Down $117,364 (-20%) from 2023
Net Income
Up$49,252
Up $148,871 (+149%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $1,231,283
- Liabilities
- $222,943
- Net assets
- $1,008,340
- Revenue
- $507,611
- Expenses
- $458,359
- Net income
- $49,252
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Aug 5, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $507,611
Mission and Program Overview
Mission
The mission of the organization is to grow and sustain a vibrant venture capital community in michigan by promoting an entrepenurial environment through encouraging investments in new and emerging companies, educating the community to the benefits of venture capital investing and promoting professional development of members through research and professional development opportunities.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $1,099,165 | $1,181,554 | ▲ $82,389 |
| Other Notes and Loans Receivable, Net | $46,248 | $46,248 | → $0 |
| Prepaid Expenses and Deferred Charges | $3,000 | $1,195 | ▼ $1,805 |
| Accounts Receivable | $0 | $225 | ▲ $225 |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Total Assets | $1,149,463 | $1,231,283 | ▲ $81,820 |
| Other Assets Total | $1,050 | $2,061 | ▲ $1,011 |
| Liabilities | |||
| Deferred Revenue | $181,634 | $198,844 | ▲ $17,210 |
| Accounts Payable and Accrued Expenses | $4,387 | $22,674 | ▲ $18,287 |
| Unsecured Notes Loans Payable | $4,588 | $1,425 | ▼ $3,163 |
| Other Liabilities | $1,341 | $0 | ▼ $1,341 |
| Total Liabilities | $191,950 | $222,943 | ▲ $30,993 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $957,513 | $1,008,340 | ▲ $50,827 |
| Total Net Assets Fund Balance | $957,513 | $1,008,340 | ▲ $50,827 |
| Total Liabilities and Net Assets / Fund Balance | $1,149,463 | $1,231,283 | ▲ $81,820 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $0 | $8,869 | $8,869 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Ara Topouzian | Executive Director | FT | $194,820 | $194,820 |
Board Members and Trustees
| Name | Title |
|---|---|
| Kim Pasquino | Chairperson |
| Patti Glaza | Immediate Past Chair |
| Ben Bernstein | Vice Chairperson |
| Adrian Fortino | Director |
| Alison Todak | Director |
| Camila Noordeloos | Director |
| Doug Neal | Director |
| Jeff Rinvelt | Director |
| Jeff Wesley | Director |
| Kelly Sexton Phd | Director |
| Kurt Baumgarten | Director |
| Megan Malm | Director |
| Paul Mccreadie | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $292,345
- Program Service Revenue
- $166,585
- Investment Income
- $48,681
- Other Revenue
- $0
- Change in Net Assets
- $49,252
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $284,515 |
| Other Expenses | $173,844 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $194,820 | - | - | $194,820 |
| Other Salaries and Wages | $66,215 | - | - | $66,215 |
| Conferences and Meetings | $43,460 | - | - | $43,460 |
| Advertising | $35,000 | - | - | $35,000 |
| Fees for Services Accounting | - | $26,477 | - | $26,477 |
| Fees for Services Lobbying | - | $24,000 | - | $24,000 |
| Office Expenses | - | $22,179 | - | $22,179 |
| Payroll Taxes | $17,635 | - | - | $17,635 |
| Fees for Services Legal | - | $7,500 | - | $7,500 |
| Fees for Services Other | $5,049 | $1,425 | - | $6,474 |
| Pension Plan Contributions | $5,845 | - | - | $5,845 |
| Insurance | - | $5,570 | - | $5,570 |
| Occupancy | - | $1,692 | - | $1,692 |
| Information Technology | - | $1,432 | - | $1,432 |
| Travel | - | $60 | - | $60 |
| Total Functional Expenses | $368,024 | $90,335 | $0 | $458,359 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- In-house lobbying only
- No
- Subject to proxy tax
- Yes
Reported Spending and Taxes
| Line Item | Amount |
|---|---|
| Current Year Nondeductible Lobbying and Political Cost | $3,120 |
| Total Nondeductible Lobbying and Political Cost | $-148,539 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- No
- 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
- 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 mvca is comprised of firms and professionals dedicated to the development, growth, and sustainability of michigan's venture capital industry. An mvca membership offers an opportunity to support these efforts while enjoying the many benefits of membership, including participation in the annual research report, access to mvca venture upstart programs, exposure on the website and in outreach materials, and invitations to exclusive member-only events. Angel investor: member is eligible for one individual to register under the membership. Benefits include: participation in annual research report; access to talent programs including executive attraction, michigan venture fellows program and executive connect program; invitations to events including, but not limited to, the mvca annual awards dinner, mgcs afterparty, and various investor-only networking receptions; participation in legislative and media outreach; exposure on the association website, annual research report, and annual landscape guide; opportunity to serve on the board of directors and in committee leadership positions. Angel network organizations: members are eligible for up to four individuals registered under the organization's membership. Individuals must be employed at the organization. Benefits include: participation in annual research report; access to talent programs including executive attraction, michigan venture fellows program and executive connect program; invitations to events including, but not limited to, the mvca annual awards dinner, mgcs after party, and various investor-only networking receptions; participation in legislative and media outreach; exposure on the association website, annual research report, and annual landscape guide; opportunity to serve on the board of directors and in committee leadership positions. Venture capital firm: members are eligible for up to four individuals registered under the organization's membership. Individuals must be employed at the organization. Benefits include: participation in annual research report; access to talent programs including executive attraction, michigan venture fellows program and executive connect program; invitations to events including, but not limited to, the mvca annual awards dinner, mgcs after party, and various investor-only networking receptions; participation in legislative and media outreach; exposure on the association website, annual research report, and annual landscape guide; opportunity to serve on the board of directors and in committee leadership positions. Corporate venture capital: members are eligible for up to four individuals registered under the organization's membership. Individuals must be employed at the organization. Benefits include: participation in annual research report; access to talent programs including executive attraction, michigan venture fellows program and executive connect program; invitations to events including, but not limited to, the mvca annual awards dinner, mgcs after party, and various investor-only networking receptions; capital symposium after party, and entrepreneurial program panels; participation in legislative and media outreach; exposure on the association website, annual research report, and annual landscape guide; opportunity to serve on the board of directors and in committee leadership positions. Fund-of-funds and limited partners: members are eligible for up to four individuals registered under the organization's membership. Individuals must be employed at the organization. Benefits include: inclusion in annual research report; invitations to events including, but not limited to, the mvca annual awards dinner, mgcs after party, and various investor-only networking receptions; participation in legislative and media outreach; exposure on the association website, annual research report, and annual landscape guide; opportunity to serve on the board of directors and incommittee leadership positions. Economic development organizations: mem”
Form 990, Part VI, Section B, Line 11B
“Organization's process to review form 990 - the form 990 is reviewed and approved by the organizations managing director.”
Form 990, Part VI, Section B, Line 15A
“Compensation for executive director is determined by the board upon review of comparison to similar sized organizations.”
Form 990, Part VI, Section C, Line 19
“Governing documents are available upon request and on the state of michigan website.”
Filing and Contact Details
Filer
- Filer Name
- Michigan Venture Capital Association
- EIN
- 81-0559466
- Phone
- 8445001014
- Address
- 6632 TELEGRAPH ROAD SUITE 286, BLOOMFIELD HILLS, MI 48301
- Doing Business As
- Mvca
Signing Officer
- Name
- Ara Topouzian
- Title
- Executive Director
- Phone
- 8445001014
- Signed
- 2025-08-05
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Ara Topouzian
- Formed
- 2002
- Legal Domicile
- Mi
- Voting Board Members
- 12
- Independent Board Members
- 12
- Employees
- 2
- Volunteers
- 0
Preparer
- Firm
- Uhy Advisors Great Lakes Inc
- Address
- 455 E EISENHOWER SUITE 102, ANN ARBOR, MI 48108
- Preparer
- Thomas J Titus Jr
- Phone
- 7342131040
Raw XML AppendixShowing 400 of 420 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/ActivityOrMissionDesc | 0 | THE MISSION OF THE ORGANIZATION IS TO GROW AND SUSTAIN A VIBRANT VENTURE CAPITAL COMMUNITY IN MICHIGAN BY PROMOTING AN ENTREPENURIAL ENVIRONMENT THROUGH ENCOURAGING INVESTMENTS IN NEW AND EMERGING COMPANIES, EDUCATING THE COMMUNITY TO THE BENEFITS OF VENTURE CAPITAL INVESTING AND PROMOTING PROFESSIONAL DEVELOPMENT OF MEMBERS THROUGH RESEARCH AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES. |
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| IRS990/Desc | 0 | THE VENTURE FELLOWS PROGRAM IS DESIGNED TO INCREASE THE NUMBER OF VENTURE PROFESSIONALS IN MICHIGAN AND ACCELERATE FUNDRAISING AND DEPLOYMENT OF CAPITAL INTO EARLY STAGE COMPANIES. THE PROGRAM IS DESIGNED TO CREATE THE NEXT GENERATION OF VENTURE CAPITALISTS WITH TRACK RECORDS IN MICHIGAN BY EXPANDING JOB OPPORTUNITIES AT MICHIGAN VENTURE CAPITAL FIRMS. |
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| IRS990/FormationYr | 0 | 2002 |
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| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 12 |
| IRS990/GovernmentGrantsAmt | 0 | 102500 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 507611 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 12 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 1432 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 1432 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 5570 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 5570 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 48681 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 48681 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 6 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
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| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 8869 |
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| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembershipDuesAmt | 0 | 189845 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE MISSION OF THE ORGANIZATION IS TO GROW AND SUSTAIN A VIBRANT VENTURE CAPITAL COMMUNITY IN MICHIGAN BY PROMOTING AN ENTREPENURIAL ENVIRONMENT THROUGH ENCOURAGING INVESTMENTS IN NEW AND EMERGING COMPANIES, EDUCATING THE COMMUNITY TO THE BENEFITS OF VENTURE CAPITAL INVESTING AND PROMOTING PROFESSIONAL DEVELOPMENT OF MEMBERS THROUGH RESEARCH AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES. |
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| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1008340 |
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| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1008340 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 1692 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 1692 |
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| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 22179 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
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| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 2061 |
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| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 66215 |
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| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 46248 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 17635 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 17635 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 5845 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 5845 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
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| IRS990/PrincipalOfficerNm | 0 | ARA TOPOUZIAN |
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| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | ANNUAL AWARDS DINNER |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | EVENT SALES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | SERVICE PROVIDER SPONS |
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| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 28800 |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 39585 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 28800 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | EXECUTIVE CONNECT PROGRAM AIMS TO SIGNIFICANTLY IMPACT AN EARLY-STAGE COMPANY'S CHANCE OF SUCCESS BY PROVIDING ACCESS TO CORPORATE EXECUTIVES WITH RELEVANT MARKET OR INDUSTRY EXPERTISE OR STRONG DOMAIN KNOWLEDGE IN KEY AREAS. STARTUPS CAN EXPECT TO BE MATCHED WITH EXPERIENCED LEADERS WHO CAN SERVE AS BOARD MEMBERS, MENTORS AND ADVISORS AS THEY PLAN AND EXECUTE THEIR SALES, PRODUCTIVITY, AND FINANCIAL GROWTH STRATEGIES. |
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| IRS990/PYContributionsGrantsAmt | 0 | 217226 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
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| IRS990/PYOtherRevenueAmt | 0 | 0 |
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| IRS990/PYRevenuesLessExpensesAmt | 0 | -99619 |
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| IRS990/PYTotalRevenueAmt | 0 | 476104 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 49252 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
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| IRS990/ScheduleBRequiredInd | 0 | 0 |
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| IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt | 0 | 3120 |
| IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt | 0 | -148539 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | 0 |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | 0 |
| IRS990ScheduleC/TaxableAmt | 0 | -173219 |
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| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 8869 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 8869 |
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| IRS990/ScheduleJRequiredInd | 0 | 1 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990ScheduleJ/WrittenEmploymentContractInd | 0 | X |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE MVCA IS COMPRISED OF FIRMS AND PROFESSIONALS DEDICATED TO THE DEVELOPMENT, GROWTH, AND SUSTAINABILITY OF MICHIGAN'S VENTURE CAPITAL INDUSTRY. AN MVCA MEMBERSHIP OFFERS AN OPPORTUNITY TO SUPPORT THESE EFFORTS WHILE ENJOYING THE MANY BENEFITS OF MEMBERSHIP, INCLUDING PARTICIPATION IN THE ANNUAL RESEARCH REPORT, ACCESS TO MVCA VENTURE UPSTART PROGRAMS, EXPOSURE ON THE WEBSITE AND IN OUTREACH MATERIALS, AND INVITATIONS TO EXCLUSIVE MEMBER-ONLY EVENTS. ANGEL INVESTOR: MEMBER IS ELIGIBLE FOR ONE INDIVIDUAL TO REGISTER UNDER THE MEMBERSHIP. BENEFITS INCLUDE: PARTICIPATION IN ANNUAL RESEARCH REPORT; ACCESS TO TALENT PROGRAMS INCLUDING EXECUTIVE ATTRACTION, MICHIGAN VENTURE FELLOWS PROGRAM AND EXECUTIVE CONNECT PROGRAM; INVITATIONS TO EVENTS INCLUDING, BUT NOT LIMITED TO, THE MVCA ANNUAL AWARDS DINNER, MGCS AFTERPARTY, AND VARIOUS INVESTOR-ONLY NETWORKING RECEPTIONS; PARTICIPATION IN LEGISLATIVE AND MEDIA OUTREACH; EXPOSURE ON THE ASSOCIATION WEBSITE, ANNUAL RESEARCH REPORT, AND ANNUAL LANDSCAPE GUIDE; OPPORTUNITY TO SERVE ON THE BOARD OF DIRECTORS AND IN COMMITTEE LEADERSHIP POSITIONS. ANGEL NETWORK ORGANIZATIONS: MEMBERS ARE ELIGIBLE FOR UP TO FOUR INDIVIDUALS REGISTERED UNDER THE ORGANIZATION'S MEMBERSHIP. INDIVIDUALS MUST BE EMPLOYED AT THE ORGANIZATION. BENEFITS INCLUDE: PARTICIPATION IN ANNUAL RESEARCH REPORT; ACCESS TO TALENT PROGRAMS INCLUDING EXECUTIVE ATTRACTION, MICHIGAN VENTURE FELLOWS PROGRAM AND EXECUTIVE CONNECT PROGRAM; INVITATIONS TO EVENTS INCLUDING, BUT NOT LIMITED TO, THE MVCA ANNUAL AWARDS DINNER, MGCS AFTER PARTY, AND VARIOUS INVESTOR-ONLY NETWORKING RECEPTIONS; PARTICIPATION IN LEGISLATIVE AND MEDIA OUTREACH; EXPOSURE ON THE ASSOCIATION WEBSITE, ANNUAL RESEARCH REPORT, AND ANNUAL LANDSCAPE GUIDE; OPPORTUNITY TO SERVE ON THE BOARD OF DIRECTORS AND IN COMMITTEE LEADERSHIP POSITIONS. VENTURE CAPITAL FIRM: MEMBERS ARE ELIGIBLE FOR UP TO FOUR INDIVIDUALS REGISTERED UNDER THE ORGANIZATION'S MEMBERSHIP. INDIVIDUALS MUST BE EMPLOYED AT THE ORGANIZATION. BENEFITS INCLUDE: PARTICIPATION IN ANNUAL RESEARCH REPORT; ACCESS TO TALENT PROGRAMS INCLUDING EXECUTIVE ATTRACTION, MICHIGAN VENTURE FELLOWS PROGRAM AND EXECUTIVE CONNECT PROGRAM; INVITATIONS TO EVENTS INCLUDING, BUT NOT LIMITED TO, THE MVCA ANNUAL AWARDS DINNER, MGCS AFTER PARTY, AND VARIOUS INVESTOR-ONLY NETWORKING RECEPTIONS; PARTICIPATION IN LEGISLATIVE AND MEDIA OUTREACH; EXPOSURE ON THE ASSOCIATION WEBSITE, ANNUAL RESEARCH REPORT, AND ANNUAL LANDSCAPE GUIDE; OPPORTUNITY TO SERVE ON THE BOARD OF DIRECTORS AND IN COMMITTEE LEADERSHIP POSITIONS. CORPORATE VENTURE CAPITAL: MEMBERS ARE ELIGIBLE FOR UP TO FOUR INDIVIDUALS REGISTERED UNDER THE ORGANIZATION'S MEMBERSHIP. INDIVIDUALS MUST BE EMPLOYED AT THE ORGANIZATION. BENEFITS INCLUDE: PARTICIPATION IN ANNUAL RESEARCH REPORT; ACCESS TO TALENT PROGRAMS INCLUDING EXECUTIVE ATTRACTION, MICHIGAN VENTURE FELLOWS PROGRAM AND EXECUTIVE CONNECT PROGRAM; INVITATIONS TO EVENTS INCLUDING, BUT NOT LIMITED TO, THE MVCA ANNUAL AWARDS DINNER, MGCS AFTER PARTY, AND VARIOUS INVESTOR-ONLY NETWORKING RECEPTIONS; CAPITAL SYMPOSIUM AFTER PARTY, AND ENTREPRENEURIAL PROGRAM PANELS; PARTICIPATION IN LEGISLATIVE AND MEDIA OUTREACH; EXPOSURE ON THE ASSOCIATION WEBSITE, ANNUAL RESEARCH REPORT, AND ANNUAL LANDSCAPE GUIDE; OPPORTUNITY TO SERVE ON THE BOARD OF DIRECTORS AND IN COMMITTEE LEADERSHIP POSITIONS. FUND-OF-FUNDS AND LIMITED PARTNERS: MEMBERS ARE ELIGIBLE FOR UP TO FOUR INDIVIDUALS REGISTERED UNDER THE ORGANIZATION'S MEMBERSHIP. INDIVIDUALS MUST BE EMPLOYED AT THE ORGANIZATION. BENEFITS INCLUDE: INCLUSION IN ANNUAL RESEARCH REPORT; INVITATIONS TO EVENTS INCLUDING, BUT NOT LIMITED TO, THE MVCA ANNUAL AWARDS DINNER, MGCS AFTER PARTY, AND VARIOUS INVESTOR-ONLY NETWORKING RECEPTIONS; PARTICIPATION IN LEGISLATIVE AND MEDIA OUTREACH; EXPOSURE ON THE ASSOCIATION WEBSITE, ANNUAL RESEARCH REPORT, AND ANNUAL LANDSCAPE GUIDE; OPPORTUNITY TO SERVE ON THE BOARD OF DIRECTORS AND INCOMMITTEE LEADERSHIP POSITIONS. ECONOMIC DEVELOPMENT ORGANIZATIONS: MEM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ORGANIZATION'S PROCESS TO REVIEW FORM 990 - THE FORM 990 IS REVIEWED AND APPROVED BY THE ORGANIZATIONS MANAGING DIRECTOR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | COMPENSATION FOR EXECUTIVE DIRECTOR IS DETERMINED BY THE BOARD UPON REVIEW OF COMPARISON TO SIMILAR SIZED ORGANIZATIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AND ON THE STATE OF MICHIGAN WEBSITE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 1 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 1231283 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1231283 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 1 |
| IRS990/TotalContributionsAmt | 0 | 292345 |
| IRS990/TotalEmployeeCnt | 0 | 2 |
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| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 90335 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 368024 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 458359 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 191950 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 222943 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 191950 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 222943 |
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| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1008340 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1231283 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 60 |
| IRS990/TravelGrp/TotalAmt | 0 | 60 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt | 0 | 4588 |
| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 1425 |
| IRS990/UponRequestInd | 0 | X |
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| IRS990/USAddress/CityNm | 0 | BLOOMFIELD HILLS |
| IRS990/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990/USAddress/ZIPCd | 0 | 48301 |
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| IRS990/VotingMembersIndependentCnt | 0 | 12 |
| IRS990/WebsiteAddressTxt | 0 | WWW.MICHIGANVCA.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ARA TOPOUZIAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-08-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MICHIGAN VENTURE CAPITAL ASSOCIATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MICH |
| ReturnHeader/Filer/EIN | 0 | 810559466 |
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