Skip to content
Nonprofiteer
← MICHIGAN AGRI-BUSINESS ASSOCIATION

Form 990 for tax year 2024

Filed by MICHIGAN AGRI-BUSINESS ASSOCIATION.

What the amendment changed

Compared with the return it replaced , filed 10 June 2026. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Those are the same on the two returns, so the amendment changed something else.

Totals

Total revenue
$903,754
Total expenses
$787,282
Contributions and grants received
$356,738
Grants paid
$0
Program service revenue
$473,965
Investment income
$45,425
Other revenue
$27,626
Total assets, end of year
$1,270,931
Total liabilities, end of year
$67,642
Net assets or fund balances, end of year
$1,203,289
Program services expenses (Part IX)
$455,893
Management and general expenses
$331,389
Fundraising expenses
$0
Program service expenses (Part III)
$455,893

Program services were 57.9% 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.

  • 1b · Membership dues

    $332,688

  • 1e · Government grants (contributions)

    $24,050

  • 2a · Program service revenue: CONVENTIONS

    total $330,376 · excluded $330,376

  • 2b · Program service revenue: EDUCATIONAL TRUST FUNDRAISING

    total $79,421 · excluded $79,421

  • 2c · Program service revenue: LEADERSHIP PROGRAM

    total $27,000 · excluded $27,000

  • 2d · Program service revenue: BEAN SHIPPER ANNUAL MEETING

    total $20,000 · excluded $20,000

  • 2e · Program service revenue: PROJECTS & ACTIVITIES

    total $17,168 · excluded $17,168

  • 3 · Investment income

    total $45,425 · related or exempt $45,425

  • 11a · Other revenue: EMPLOYEE RETENTION CREDIT

    total $15,821 · excluded $15,821

  • 11b · Other revenue: DIRECTORY AD SALES

    total $8,750 · unrelated business $8,750

  • 11c · Other revenue: OTHER INCOME

    total $3,055 · excluded $3,055

  • 11e · Other revenue, total

    $27,626

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $309,093 · program services $92,660 · management and general $216,433

  • 8 · Pension plan contributions

    total $12,284 · program services $2,673 · management and general $9,611

  • 9 · Other employee benefits

    total $20,412 · management and general $20,412

  • 11c · Fees: accounting

    total $4,425 · management and general $4,425

  • 11d · Fees: lobbying

    total $47,526 · program services $47,526

  • 11g · Fees: other

    total $12,028 · program services $12,028

  • 13 · Office expenses

    total $3,344 · program services $386 · management and general $2,958

  • 14 · Information technology

    total $23,931 · management and general $23,931

  • 16 · Occupancy

    total $23,205 · management and general $23,205

  • 17 · Travel

    total $25,197 · program services $25,197

  • 23 · Insurance

    total $4,036 · management and general $4,036

  • 24a · Other expenses: CONVENTIONS

    total $129,190 · program services $129,190

  • 24b · Other expenses: EDUCATIONAL TRUST

    total $82,297 · program services $82,297

  • 24c · Other expenses: LEADERSHIP PROGRAM EXPENS

    total $19,881 · program services $19,881

  • 24d · Other expenses: BEAN SHIPPERS ADMIN EXP

    total $17,468 · program services $17,468

  • 24e · All other expenses

    total $52,965 · program services $26,587 · management and general $26,378

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $448,330 · end of year $665,931

  • 11 · Investments: publicly traded securities

    beginning of year $690,000 · end of year $605,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $51,488 · end of year $67,642

  • 27 · Net assets without donor restrictions

    beginning of year $1,086,842 · end of year $1,203,289

Mission and programs · 2024

Mission

THE MISSION OF THE ORGANIZATION IS TO FURTHER THE DEVELOPMENT AND PROSPERITY OF BUSINESSES ENGAGED IN AGRICULTURE. THE ORGANIZATION WORKS WITH LEGISLATORS AND VARIOUS STATE AND FEDERAL AGENCIES TO ATTAIN THIS GOAL. WE ALSO PROVIDE EDUCATIONAL OPPORTUNITIES THROUGH INFORMATIONAL PROGRAMS.

  • TO FURTHER THE DEVELOPMENT AND PROSPERITY OF BUSINESSES ENGAGED IN AGRICULTURE.

    Revenue $473,965

  • THE MISSION OF THE ORGANIZATION IS TO FURTHER THE DEVELOPMENT AND PROSPERITY OF BUSINESSES ENGAGED IN AGRICULTURE. THE ORGANIZATION WORKS WITH LEGISLATORS AND VARIOUS STATE AND FEDERAL AGENCIES TO ATTAIN THIS GOAL. WE ALSO PROVIDE EDUCATIONAL OPPORTUNITIES THROUGH INFORMATIONAL PROGRAMS.

    Expenses $455,893

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Charles Lippstreu

    EXECUTIVE DI

    Total calculated
    $233,386
    From this org
    $216,433
    From related orgs
    $0
    Other
    $16,953
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $197,433
    Bonus
    $19,000
    Other
    not reported
    Deferred
    $16,953
    Nontaxable benefits
    not reported
    Filer's total
    $233,386

  • Ed Benkert

    TRUSTEE/DIRE

    Total calculated
    $0
    Hours/week
    1

  • Michelle Bergman

    2ND VICE CHA

    Total calculated
    $0
    Hours/week
    5

  • Trevor Clayton

    TRUSTEE/DIRE

    Total calculated
    $0
    Hours/week
    1

  • Robert Geers

    TRUSTEE/DIRE

    Total calculated
    $0
    Hours/week
    1

  • Jacob Hecht

    TRUSTEE/DIRE

    Total calculated
    $0
    Hours/week
    1

  • Shawn Lambert

    TRUSTEE/DIRE

    Total calculated
    $0
    Hours/week
    1

  • Allen Pung

    TRUSTEE/DIRE

    Total calculated
    $0
    Hours/week
    1

  • Michael Rumsey

    TRUSTEE/DIRE

    Total calculated
    $0
    Hours/week
    1

  • Greg Thon

    TRUSTEE/DIRE

    Total calculated
    $0
    Hours/week
    1

  • John Tilt

    1ST VICE CHA

    Total calculated
    $0
    Hours/week
    5

  • Nichole Wilcox

    TRUSTEE/DIRE

    Total calculated
    $0
    Hours/week
    1

  • Mike Fossum

    IMMEDIATE PA

    Total calculated
    $0
    Hours/week
    5

  • Jonathan Rush

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    10

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

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
9 September 2026
IRS schema version
2024v5.0
Source object
202612579349301561

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.