West Michigan Sustainable Business Forum
- Assets
- $494.4k
- Revenue
- $876.2k
- Investments
- $0.0
- Employees
- 6
- Location
- Grand Rapids, MI
- Founding
- 12/2009
- Data as of
- 05/2024
- EIN
- 26-3787387
Organization Overview
West Michigan Sustainable Business Forum is located in Grand Rapids, MI. The organization was established in 2009. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 05/2024, West Michigan Sustainable Business Forum employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Michigan Sustainable Business Forum is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2024, West Michigan Sustainable Business Forum generated $876.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 23.6% each year . All expenses for the organization totaled $651.1k during the year ending 05/2024. While expenses have increased by 19.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
WE PROMOTE BUSINESS PRACTICES THAT ADVANCE CLIMATE LEADERSHIP, SOCIAL JUSTICE AND THE CREATION OF A CIRCULAR ECONOMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CIRCULAR AND DECARBONIZED ECONOMY: THE FORUM IS A SUPPORT NETWORK THAT SUPPORTS BUSINESSES AND INSTITUTIONS THROUGHOUT THE STATE. THIS NETWORK ADVANCES THE ADOPTION OF DECARBONIZATION THROUGH INDUSTRY ENGAGEMENT AND PARTNERSHIPS, INCLUDING INDUSTRY ROUNDTABLES, RESOURCE DEVELOPMENT, BENCHMARK REPORTS, EDUCATIONAL CAMPAIGNS, PEER LEARNING AND THE DEVELOPMENT OF COLLABORATIVE OPPORTUNITIES AND INITIATIVES.
EQUITY AND SUSTAINABILITY - SUSTAINABLE BUSINESS HAS A RESPONSIBILITY TO WORK ALONGSIDE UNDER-RESOURCED POPULATIONS AND COMMUNITIES OF COLOR TO ADDRESS HISTORICAL DISPARATE IMPACTS AFFECTING MEMBERS OF THESE COMMUNITIES DUE TO PUBLIC POLICY OR MARKET-BASED ACTIONS. WE ARE HIGHLIGHTING THE POTENTIAL ROLE OF THE BUSINESS COMMUNITY AS ADVOCATES FOR BUSINESS PRACTICES AND CIVIC PRIORITIES THAT ADVANCE SOCIAL AND ENVIRONMENTAL JUSTICE. WE ARE ENGAGING BUSINESSES IN AN ACTIVE PROCESS TO IDENTIFY AND ELIMINATE RACISM, WHILE WORKING TO DECREASE BARRIERS TO PARTICIPATION IN SUSTAINABILITY FOR DIVERSE GROUPS. THE EQUITY PROGRAM HAS BECOME A SIGNATURE INITIATIVE OF THE MODERN SBF, REGARDED AS A MODEL FOR WHITE-LED ORGANIZATIONS IN THE STATES SUSTAINABILITY MOVEMENT.
MICHIGAN SUSTAINABILITY FORUMS THE FORUMS ARE EDUCATIONAL AND NETWORKING PROGRAMS FOR SUSTAINABILITY PROFESSIONALS AND OTHER STAKEHOLDERS IN MICHIGAN AND REGIONAL MARKETS. MEMBERS ARE SUPPORTED BY EVENTS, DIGITAL MEDIA, SPECIAL CAMPAIGNS, RESEARCH INITIATIVES, RESOURCE DEVELOPMENT, STAFF EXPERTS AND A ROTATING PORTFOLIO OF COMMITTEES, TASK FORCES AND ROUND TABLES ORGANIZED AROUND STRATEGIC INTERESTS. THROUGH THESE PROGRAMS, WE CREATE VALUE FOR BUSINESSES, INSTITUTIONS AND THEIR EMPLOYEES AND STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Schoonmaker Executive Director | Officer | 40 | $77,918 |
Kari Bliss Board Member | Trustee | 2 | $0 |
Scott Charon Board Member | Trustee | 2 | $0 |
Roger Cargill Board Member | Trustee | 2 | $0 |
John Wilson Board Member | Trustee | 2 | $0 |
Katie Chapman Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $876,242 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $876,242 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $876,242 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $312,594 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,611 |
| Payroll taxes | $27,873 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,561 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,444 |
| Advertising and promotion | $31,261 |
| Office expenses | $17,526 |
| Information technology | $6,063 |
| Royalties | $0 |
| Occupancy | $4,150 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,075 |
| Total functional expenses | $651,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $365,849 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $128,508 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $494,357 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $53,550 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,788 |
| Total liabilities | $65,338 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $429,019 |
| Total liabilities and net assets/fund balances | $494,357 |