Half-Arab Association Of Michigan Inc
- Assets
- $99.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milan, MI
- Founding
- 03/1974
- Data as of
- 12/2022
- EIN
- 23-7227071
Organization Overview
Half-Arab Association Of Michigan Inc is located in Milan, MI. The organization was established in 1974. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Half-Arab Association Of Michigan Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Half-Arab Association Of Michigan Inc generated $20.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.5%) each year. All expenses for the organization totaled $32.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DUE TO COVID-19 RESTRICTIONS, OUR ORGANIZATION WAS FORCED TO CANCEL OUR ACTIVITIES INCLUDING OUR 3 DAY HORSE SHOW AND MEETINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gayle Ledwidge President | 1 | $0 | |
Cheryl Nelson Vice President | 0.25 | $0 | |
John Schauer Treasurer | 1 | $0 | |
Regina Kruger Secretary & Director | 0.25 | $0 | |
Pat Bretz Director | 0 | $0 | |
Jane Engers Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $350 |
| Total Program Service Revenue | $12,840 |
| Membership dues | $950 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $183 |
| Total Revenue | $20,159 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $12,995 |
| Occupancy, rent, utilities, and maintenance | $636 |
| Printing, publications, postage, and shipping | $272 |
| Other expenses | $18,330 |
| Total expenses | $32,233 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,670 |
| Other assets | $0 |
| Total assets | $99,670 |
| Total liabilities | $0 |
| Net assets or fund balances | $99,670 |