Michigan Economic Developers Association

Community development organization based in Lansing, MI. 3 employees. Exempt under §501(c)(3).

MissionTO ADVANCE ECONOMIC DEVELOPMENT THROUGHOUT MICHIGAN AND INCREASE AN INDIVIDUALS (BOTH MEMBER AND NON-MEMBER) EFFECTIVENESS IN THE ECONOMIC DEVELOPMENT PROFESSION THROUGH EDUCATIONAL PROGRAMS, MEETINGS AND LITERATURE.

EIN
38-2900929
State
MI
Sector
Community development
Budget band
$250K–$500K
Latest filing
TY 2023
Records
2 officers · 5 years

Financial snapshot · TY 2023

$464K
Total revenue
$435K
Total expenses
$396K
Net assets

Financial health · TY 2024

48
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
70
12.6 months of expenses
Program efficiency
45
68.1% spent on programs
Revenue diversity
8
Mix of program fees, grants & contributions

Leadership compensation

John Avery Ended
EXECUTIVE DI
$117,108
88th percentile vs. peers
Meghan Swain
EXECUTIVE DI
$20,698
88th percentile vs. peers

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Michigan Economic Developers Association Executive Compensation | 990 Data | DoubleNine