Totals
- Total revenue
- $922,344
- Total expenses
- $1,663,620
- Contributions and grants received
- $73,675
- Grants paid
- $750,000
- Program service revenue
- $353,294
- Investment income
- $66,144
- Other revenue
- $429,231
- Total assets, end of year
- $3,121,345
- Total liabilities, end of year
- $541,135
- Net assets or fund balances, end of year
- $2,580,210
- Program services expenses (Part IX)
- $1,090,807
- Management and general expenses
- $572,813
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,090,807
Program services were 65.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$73,675
-
1g · Noncash contributions included above
$73,675
-
2a · Program service revenue: MEMBERSHIP DUES
total $317,294 · related or exempt $317,294
-
2b · Program service revenue: CONTRACTED SERVICES
total $36,000 · unrelated business $36,000
-
3 · Investment income
total $66,144 · excluded $66,144
-
8a · Fundraising events: gross income
$666,668
-
8b · Fundraising events: direct expenses
$502,488
-
8c · Net income from fundraising events
total $164,180 · excluded $164,180
-
11a · Other revenue: MISCELLANEOUS
total $225,347 · excluded $225,347
-
11b · Other revenue: EARNINGS OF A SUBSIDIARY
total $19,907 · excluded $19,907
-
11c · Other revenue: MEMBERSHIP DIRECTORY
total $18,477 · unrelated business $18,477
-
11d · All other revenue
total $1,320 · excluded $1,320
-
11e · Other revenue, total
$265,051
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $750,000 · program services $750,000
-
5 · Compensation of officers, directors and key employees
total $349,365 · program services $4,820 · management and general $344,545
-
7 · Other salaries and wages
total $201,164 · program services $201,164
-
9 · Other employee benefits
total $75,901 · program services $38,396 · management and general $37,505
-
10 · Payroll taxes
total $39,163 · program services $18,405 · management and general $20,758
-
11c · Fees: accounting
total $7,152 · program services $3,955 · management and general $3,197
-
11g · Fees: other
total $21,855 · program services $12,082 · management and general $9,773
-
12 · Advertising and promotion
total $25,321 · management and general $25,321
-
13 · Office expenses
total $14,958 · program services $8,247 · management and general $6,711
-
14 · Information technology
total $9,349 · program services $5,169 · management and general $4,180
-
16 · Occupancy
total $53,093 · program services $30,999 · management and general $22,094
-
17 · Travel
total $8,419 · program services $1,589 · management and general $6,830
-
22 · Depreciation, depletion and amortization
total $5,719 · program services $3,339 · management and general $2,380
-
23 · Insurance
total $5,980 · program services $3,306 · management and general $2,674
-
24a · Other expenses: BAD DEBTS
total $30,722 · management and general $30,722
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $17,070 · management and general $17,070
-
24c · Other expenses: BANK AND CREDIT CARD FEES
total $11,495 · management and general $11,495
-
24d · Other expenses: BOARD DISCRETIONARY
total $11,333 · management and general $11,333
-
24e · All other expenses
total $25,561 · program services $9,336 · management and general $16,225
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,474,695 · end of year $670,873
-
2 · Savings and temporary cash investments
beginning of year $763,792 · end of year $783,548
-
4 · Accounts receivable
beginning of year $177,989 · end of year $338,693
-
9 · Prepaid expenses and deferred charges
beginning of year $40,154 · end of year $36,452
-
10a · Land, buildings and equipment: cost or other basis
$77,965
-
10b · Land, buildings and equipment: accumulated depreciation
$52,804
-
10c · Land, buildings and equipment, net
beginning of year $30,883 · end of year $25,161
-
12 · Investments: other securities
beginning of year $1,244,533 · end of year $1,204,440
-
15 · Other assets
end of year $62,178
-
17 · Accounts payable and accrued expenses
beginning of year $225,567 · end of year $399,579
-
19 · Deferred revenue
beginning of year $184,993 · end of year $141,556
-
27 · Net assets without donor restrictions
beginning of year $3,321,486 · end of year $2,580,210
Mission and programs · 2023
Mission
THE MIDLAND BUSINESS ALLIANCE (MBA) IS MIDLAND COUNTY'S INTEGRATED BUSINESS HUB, SERVING A VIBRANT COMMUNITY IN WHICH THE PEOPLE, INDUSTRY, AND BUSINESSES PROSPER. THE PURPOSE OF MBA IS TO DEVELOP, ADVANCE, AND PROMOTE THE ECONOMIC, INDUSTRIAL, COMMERCIAL, PROFESSIONAL, SOCIAL, CULTURAL, AND CIVIC WELFARE OF THE MIDLAND AREA.
-
TO DEVELOP, ADVANCE, AND PROMOTE THE ECONOMIC, INDUSTRIAL, COMMERCIAL, PROFESSIONAL, SOCIAL, CULTURAL, AND CIVIC WELFARE OF THE MIDLAND AREA.
Expenses $1,090,807 · Grants $750,000 · Revenue $317,293
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Tony StamasTONY STAMAS
PRESIDENT
- Total calculated
- $250,524
- From this org
- $228,860
- From related orgs
- $0
- Other
- $21,664
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $228,860
- Bonus
- not reported
- Other
- not reported
- Deferred
- $14,743
- Nontaxable benefits
- $6,921
- Filer's total
- $250,524
-
Roger ChamberlinROGER CHAMBERLIN
CFO
- Total calculated
- $144,693
- From this org
- $120,505
- From related orgs
- $0
- Other
- $24,188
- Hours/week
- 40
-
Mark BoneMARK BONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Diane BristolDIANE BRISTOL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jenni BushJENNI BUSH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rob ChadwickROB CHADWICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bryan CrossBRYAN CROSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert DaviesROBERT DAVIES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mary DravesMARY DRAVES
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jw FisherJW FISHER
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Heather GallegosHEATHER GALLEGOS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lisa GerstackerLISA GERSTACKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bridgette GransdenBRIDGETTE GRANSDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cal IeuterCAL IEUTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Wendy KanarWENDY KANAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brad KayeBRAD KAYE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lee Ann KellerLEE ANN KELLER
SECRETARY/TR
- Total calculated
- $0
- Hours/week
- 1
-
Kim KrantzKIM KRANTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tim LaceyTIM LACEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Craig LangCRAIG LANG
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 1
-
Laura McIntireLAURA MCINTIRE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Madhu RishiMADHU RISHI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jordan SummersJORDAN SUMMERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kelly WehnerKELLY WEHNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike WilliamsMIKE WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Shawn WilsonSHAWN WILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
MIDLAND BUSINESS ALLIANCE FOUND
$750,000
FACILITIES
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
MIDLAND BUSINESS ALLIANCE FOUNDATIO
501C3 · ECON DEV. · MI
-
MIDLAND AREA CHAMBER OF COMMERCE
501C6 · PROMOTION · MI
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
MITCON LLC
IT SERVICE · MI · income $1,004,810 · assets $636,127
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CBM SERVICES INC
CREDIT COL · MI
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 16 October 2024
- IRS schema version
- 2023v5.0
- Source object
- 202442919349300519
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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