Small Business Assoc Of Mich
- Assets
- $1.8m
- Revenue
- $7.5m
- Investments
- $0.0
- Employees
- 31
- Location
- Lansing, MI
- Founding
- 09/1982
- Data as of
- 06/2022
- EIN
- 38-1898699
Organization Overview
Small Business Assoc Of Mich is located in Lansing, MI. The organization was established in 1982. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Small Business Assoc Of Mich employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Small Business Assoc Of Mich is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Small Business Assoc Of Mich generated $7.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.5% each year . All expenses for the organization totaled $7.3m during the year ending 06/2022. While expenses have increased by 27.2% per year over the past 7 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.
Since 2021, Small Business Assoc Of Mich has awarded 275 individual grants totaling $2,566,348. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SMALL BUSINESS ASSOCIATION OF MICHIGAN'S MISSION IS TO HELP MICHIGAN SMALL BUSINESSES SUCCEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FULL-TIME LEGISLATIVE SUPPORT: COMMUNICATE ABOUT PROPOSED PUBLIC POLICY AND REGULATORY MATTERS OF CONCERN TO MICHIGAN'S SMALL BUSINESS COMMUNITY TO A VARIETY OF AUDIENCES INCLUDING THE MICHIGAN LEGISLATURE AND BUSINESS REGULATORS.
OFFER COMMUNICATIONS TOOLS SUCH AS NEWSLETTERS, WEBSITES, AND A MAGAZINE TO THE SMALL BUSINESS COMMUNITY. THESE TOOLS ARE USED TO INFORM SMALL BUSINESS OWNERS ABOUT LEGISLATIVE AND REGULATORY MATTERS IN ADDITION TO PROVIDING INFORMATION TO HELP EDUCATE SMALL BUSINESS OWNERS ABOUT A VARIETY OF BUSINESS OPERATIONS TOPICS. MORE THAN 30,000 MEMBERS BENEFITED FROM THE ASSOCIATION'S PROGRAMS DURING THE FISCAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert D Fowler Ended 123121 CEO | Officer | 16 | $105,074 |
Brian Calley President/ceo | Officer | 16 | $82,116 |
Lori Birman Vice President | 20 | $81,690 | |
Ann Parker COO | 12 | $49,958 | |
Bill Kimble Pe Chair | OfficerTrustee | 0.5 | $0 |
Park Kersman First Vice Chair | OfficerTrustee | 0.5 | $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 | $246,059 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $246,059 |
| Total Program Service Revenue | $7,017,143 |
| Investment income | $85,692 |
| 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 | $7,497,354 |
| 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. | $119,303 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $662,101 |
| Pension plan accruals and contributions | $52,211 |
| Other employee benefits | $54,366 |
| Payroll taxes | $55,625 |
| Fees for services: Management | $196,356 |
| Fees for services: Legal | $26,048 |
| Fees for services: Accounting | $23,920 |
| Fees for services: Lobbying | $431,725 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $69,739 |
| Advertising and promotion | $15,505 |
| Office expenses | $139,761 |
| Information technology | $4,200 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $34,213 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $180,789 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,066 |
| All other expenses | -$431,725 |
| Total functional expenses | $7,326,262 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $698 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,849 |
| 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 | $12,692 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,270,838 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $501,106 |
| Total assets | $1,798,183 |
| Accounts payable and accrued expenses | $451,737 |
| Grants payable | $0 |
| Deferred revenue | $318,286 |
| 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 | $0 |
| Total liabilities | $770,023 |
| Net assets without donor restrictions | $1,028,160 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,798,183 |
Grants Awarded
Over the last fiscal year, Small Business Assoc Of Mich has awarded $2,566,348 in support to 275 organizations.
| Grant Recipient | Amount |
|---|---|
TK FUND QOZB LLC PURPOSE: TO ASSIST SMALL BUSINESSES IN THE RESTAURANT, HOSPITALITY, FITNESS, RETAIL, AND SIMILAR FIELDS TO WINTERIZE THEIR OUTDOOR SERVICE AREAS AND OPERATIONS, AND IMPLEMENT CARRYOUT AND DELIVERY OPERATIONS DURING COLDER MONTHS. | $15,000 |
RR HOLDINGS 1 LLC PURPOSE: TO ASSIST SMALL BUSINESSES IN THE RESTAURANT, HOSPITALITY, FITNESS, RETAIL, AND SIMILAR FIELDS TO WINTERIZE THEIR OUTDOOR SERVICE AREAS AND OPERATIONS, AND IMPLEMENT CARRYOUT AND DELIVERY OPERATIONS DURING COLDER MONTHS. | $15,000 |
ALEX & BECK LLC PURPOSE: TO ASSIST SMALL BUSINESSES IN THE RESTAURANT, HOSPITALITY, FITNESS, RETAIL, AND SIMILAR FIELDS TO WINTERIZE THEIR OUTDOOR SERVICE AREAS AND OPERATIONS, AND IMPLEMENT CARRYOUT AND DELIVERY OPERATIONS DURING COLDER MONTHS. | $15,000 |
CITY OF TECUMSEH DOWNTOWN DEVELOPMENT AUTHORITY PURPOSE: TO ASSIST SMALL BUSINESSES IN THE RESTAURANT, HOSPITALITY, FITNESS, RETAIL, AND SIMILAR FIELDS TO WINTERIZE THEIR OUTDOOR SERVICE AREAS AND OPERATIONS, AND IMPLEMENT CARRYOUT AND DELIVERY OPERATIONS DURING COLDER MONTHS. | $13,793 |
BIER KELLER LLC PURPOSE: TO ASSIST SMALL BUSINESSES IN THE RESTAURANT, HOSPITALITY, FITNESS, RETAIL, AND SIMILAR FIELDS TO WINTERIZE THEIR OUTDOOR SERVICE AREAS AND OPERATIONS, AND IMPLEMENT CARRYOUT AND DELIVERY OPERATIONS DURING COLDER MONTHS. | $10,000 |
BIRD CREEK FARMS PURPOSE: TO ASSIST SMALL BUSINESSES IN THE RESTAURANT, HOSPITALITY, FITNESS, RETAIL, AND SIMILAR FIELDS TO WINTERIZE THEIR OUTDOOR SERVICE AREAS AND OPERATIONS, AND IMPLEMENT CARRYOUT AND DELIVERY OPERATIONS DURING COLDER MONTHS. | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Small Business Assoc Of Mich has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
The Energy Foundation San Francisco, CA PURPOSE: TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cincinnati Usa Regional Chamber Cincinnati, OH | $21,203,474 | $18,734,397 |
Greater Columbus Convention & Visitors Bureau Columbus, OH | $8,565,444 | $15,584,006 |
Ann Arbor Spark Ann Arbor, MI | $15,665,812 | $11,784,140 |
Indiana Chamber Of Commerce Inc Indianapolis, IN | $7,894,910 | $10,261,881 |
Greater Indianapolis Chamber Of Commerce Inc Indianapolis, IN | $15,080,070 | $11,498,115 |
Greater Milwaukee Convention & Visitors Bureau Inc Milwaukee, WI | $13,303,680 | $5,924,757 |
Small Business Assoc Of Mich Lansing, MI | $1,798,183 | $7,497,354 |
Ohio Association Of Realtors Columbus, OH | $13,314,743 | $8,037,922 |
Ohio Chamber Of Commerce Columbus, OH | $30,926,421 | $7,246,853 |
Indiana Association Of Realtors Inc Indianapolis, IN | $16,694,252 | $6,642,922 |
Mibor Realtor Association Inc Indianapolis, IN | $12,276,320 | $5,134,664 |
Akron Convention And Visitors Bureau Inc Akron, OH | $6,460,224 | $5,523,217 |