Civic Intelligence

Oceana County Economic Alliance

EIN 84-2993377 • 501(c)3

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

33rd percentile

-7.6%

Higher net margin than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$3

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

31st percentile

-22%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

64th percentile

10%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$29,036

Down $8,091 (-22%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$29,036

Down $8,091 (-22%) from 2023

Revenue

Up

$107,133

Up $9,874 (+10%) from 2023

Expenses

Up

$115,225

Up $26,877 (+30%) from 2023

Net Income

Down

-$8,092

Down $17,003 (-191%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2020: $31,290Liabilities 2020: $0Net Assets 2020: $31,2902020Assets 2021: $20,773Liabilities 2021: $0Net Assets 2021: $20,7732021Assets 2022: $28,218Liabilities 2022: $0Net Assets 2022: $28,2182022Assets 2023: $37,127Liabilities 2023: $0Net Assets 2023: $37,1272023Assets 2024: $29,036Liabilities 2024: $0Net Assets 2024: $29,0362024

Highlighted filing

2024

Assets$29,036
Liabilities$0
Net Assets$29,036

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2020: $59,700Expenses 2020: $69,681Net Income 2020: -$9,9812020Revenue 2021: $56,750Expenses 2021: $67,267Net Income 2021: -$10,5172021Revenue 2022: $88,500Expenses 2022: $81,055Net Income 2022: $7,4452022Revenue 2023: $97,259Expenses 2023: $88,348Net Income 2023: $8,9112023Revenue 2024: $107,133Expenses 2024: $115,225Net Income 2024: -$8,0922024

Highlighted filing

2024

Revenue$107,133
Expenses$115,225
Net Income-$8,092

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.0
Gross Receipts
$107,133
Mission and Program Overview

Mission

To stimulate economic development in Oceana County, Michigan, through programs designed to expand existing industries and employment opportunities and encourage new industries and employers to locate and do business in Oceana County; and to solicit, receive, and administer funds exclusively for such charitable purposes.

Program Services

DescriptionGrantsExpenses
In 2024, the Alliance facilitated 312 business assists in Oceana County throughout the year. Each assist represents an interaction creating tangible, actionable value for businesses and organizations receiving support. Emphasizing the need for economic development resources, especially in times of difficulty. $425,000 was obtained in grant services through collaboration with local businesses and the OCEA.$0$35,000
Brought 40 individual together for Emerging Developer Workshop to discuss programs and resources to support housing development, industrial development, and downtown mixed-use development in Oceana County.$0$5,000
OCEA helped host monthly HR Network luncheon events in Oceana County bring together more than 100 HR professionals with average attendance of 11 per event. OCEA also hosted Developer Day in October, a full day event programmed to promote private investment and development in Oceana County.$0$3,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jim KleinerTrustee-$1$2$3
Mishelle ComstockTrustee-$1$2$3
Larry BylTrustee-$0--
Tracy ByardTrustee-$0--
Scott RumseyTreasurer-$0--
Scott BealSecretary-$0--
Tammy CareyPast President-$0--
Rob SplaneTrustee-$0--
Don SquireTrustee-$0--
Phil MorseTrustee-$0--
Brady SelnerPresident-$0--
Eric GustadVice President-$0--
Filing and Contact Details

Filer

Filer Name
Oceana County Economic Alliance
EIN
84-2993377
Phone
2318733369
Address
844 Griswold St, Hart, MI 49420

Signing Officer

Name
Scott Rumsey
Title
Board Treasurer
Phone
2314503145
Signed
2025-05-14
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

$149.50 - bank fees $2,965.00 event fees $1355.00 - insurance $6 - bank charges

Raw XML Appendix231 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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1OCEA helped host monthly HR Network luncheon events in Oceana County bring together more than 100 HR professionals with average attendance of 11 per event. OCEA also hosted Developer Day in October, a full day event programmed to promote private investment and development in Oceana County.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0$149.50 - bank fees $2,965.00 event fees $1355.00 - insurance $6 - bank charges
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Scott Rumsey
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum02314503145
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OCEANA COUNTY ECONOMIC ALLIANCE
ReturnHeader/Filer/BusinessNameControlTxt0OCEA
ReturnHeader/Filer/EIN0842993377
ReturnHeader/Filer/PhoneNum02318733369
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ReturnHeader/Filer/USAddress/ZIPCd049420
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ReturnHeader/ReturnTs02025-05-15T11:23:16-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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