Northern Lakes Economic Alliance

Other organization based in Boyne City, MI. 7 employees. Exempt under §501(c)(3).

MissionConduct programs to foster development and retain and attract jobs in Antrim, Charlevoix, Cheboygan and Emmet counties.

EIN
38-2616982
State
MI
Sector
Other
Budget band
$500K–$1M
Latest filing
TY 2023
Records
1 officers · 5 years

Financial snapshot · TY 2023

$518K
Total revenue
$464K
Total expenses
$492K
Net assets

Financial health · TY 2024

65
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
51
9.2 months of expenses
Program efficiency
89
85.7% spent on programs
Revenue diversity
45
Mix of program fees, grants & contributions

Leadership compensation

Payton Heins
President
$74,313
38th percentile vs. peers

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