Michigan Capital Network Association

Community development organization based in Grand Rapids, MI.0 Exempt under §501(c)(6).

MissionESTABLISH A COMMUNITY OF INDIVIDUALS AND GROUPS ENGAGED IN THE TRADE AND BUSINESS OF EARLY-STAGE INVESTING BY CREATING AN ASSOCIATION THAT EMPOWERS ITS MEMBERS WITH THE TOOLS, RESOURCES, AND SUPPORT TO ADVANCE THE BUSINESS CONDITIONS FOR THE ASSOCATION AND ITS MEMBERS.

EIN
86-1255672
State
MI
Sector
Community development
Budget band
$500K–$1M
Latest filing
TY 2023
Records
1 officers · 3 years

Financial snapshot · TY 2023

$536K
Total revenue
$475K
Total expenses
$131K
Net assets

Financial health · TY 2023

43
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
14
2.5 months of expenses
Program efficiency
94
87.6% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Diane Durance
Vice President
$126,761
51th percentile vs. peers

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Michigan Capital Network Association Executive Compensation | 990 Data | DoubleNine