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Nonprofiteer
← WEST MICHIGAN SUSTAINABLE BUSINESS FORUM

Form 990 for tax year 2022

Filed by WEST MICHIGAN SUSTAINABLE BUSINESS FORUM.

Totals

Total revenue
$501,913
Total expenses
$458,089
Contributions and grants received
$501,913
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$255,534
Total liabilities, end of year
$113,321
Net assets or fund balances, end of year
$142,213
Program services expenses (Part IX)
$319,201
Management and general expenses
$120,452
Fundraising expenses
$18,436
Program service expenses (Part III)
$319,201

Program services were 69.7% 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.

  • 1c · Fundraising events

    $68,829

  • 1f · All other contributions, gifts and grants

    $433,084

  • 8a · Fundraising events: contributions included on line 1c

    $68,829

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $229,359 · program services $182,445 · management and general $42,684 · fundraising $4,230

  • 8 · Pension plan contributions

    total $4,225 · management and general $4,225

  • 9 · Other employee benefits

    total $16,723 · management and general $16,723

  • 10 · Payroll taxes

    total $18,175 · management and general $18,175

  • 11c · Fees: accounting

    total $14,453 · management and general $14,453

  • 11g · Fees: other

    total $150 · program services $150

  • 12 · Advertising and promotion

    total $36,469 · program services $28,240 · management and general $8,229

  • 13 · Office expenses

    total $10,944 · program services $6,412 · management and general $4,532

  • 14 · Information technology

    total $6,826 · program services $1,288 · management and general $5,538

  • 23 · Insurance

    total $2,793 · management and general $2,793

  • 24a · Other expenses: Staff Development

    total $9,646 · program services $9,178 · management and general $468

  • 24b · Other expenses: Bank Fees

    total $987 · program services $712 · management and general $275

  • 24c · Other expenses: Project Expense

    total $72,659 · program services $72,138 · management and general $521

  • 24d · Other expenses: Special Event Expenses

    total $25,249 · program services $10,893 · management and general $150 · fundraising $14,206

  • 24e · All other expenses

    total $9,431 · program services $7,745 · management and general $1,686

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $109,865 · end of year $141,910

  • 4 · Accounts receivable

    beginning of year $104,167 · end of year $113,624

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,481 · end of year $176

  • 19 · Deferred revenue

    end of year $53,550

  • 25 · Other liabilities

    beginning of year $13,985 · end of year $59,595

  • 31 · Retained earnings, endowment or other funds

    beginning of year $190,566 · end of year $142,213

Mission and programs · 2022

Mission

We promote business practices that advance climate leadership, social justice and the creation of a circular economy.

  • Circular and Decarbonized Economy: The Forum is a support network that supports businesses and institutions throughout the state. This network advances the adoption of decarbonization through industry engagement and partnerships, including industry roundtables, resource development, benchmark reports, educational campaigns, peer learning and the development of collaborative opportunities and initiatives.

    Expenses $171,367

  • EQUITY AND SUSTAINABILITY - Sustainable business has a responsibility to work alongside under-resourced populations and communities of color to address historical disparate impacts affecting members of these communities due to public policy or market-based actions. We are highlighting the potential role of the business community as advocates for business practices and civic priorities that advance social and environmental justice. We are engaging businesses in an active process to identify and eliminate racism, while working to decrease barriers to participation in sustainability for diverse groups. The Equity Program has become a signature initiative of the modern SBF, regarded as a model for white-led organizations in the states sustainability movement.

    Expenses $101,291

  • MICHIGAN SUSTAINABILITY FORUMS The Forums are educational and networking programs for sustainability professionals and other stakeholders in Michigan and regional markets. Members are supported by events, digital media, special campaigns, research initiatives, resource development, staff experts and a rotating portfolio of committees, task forces and round tables organized around strategic interests. Through these programs, we create value for businesses, institutions and their employees and students.

    Expenses $46,543

As filed on the 2022 return.

Listed in Part VII

  • Kari Bliss

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Paul Isely

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Jim Roberts

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Zachary Verhulst

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • John Wilson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Misti Stanton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Devan Dodge

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Allmon Foster

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Nick Farr

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Maureen Stroud

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Erik Daly

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
8 December 2023
IRS schema version
2022v5.0
Source object
202343569349301109

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