Affiliated Management Group Inc
- Assets
- $6.0m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Inkster, MI
- Founding
- 03/1986
- Data as of
- 09/2020
- EIN
- 38-2558895
Organization Overview
Affiliated Management Group Inc is located in Inkster, MI. The organization was established in 1986. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Affiliated Management Group Inc 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 09/2020, Affiliated Management Group Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $1.3m during the year ending 09/2020. While expenses have increased by 0.4% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
ASSISTING NON-PROFIT ORGANIZATIONS IN THEIR ACQUISITION OF GOODS, SUPPLIES, SERVICES, AND ASSETS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EQUIPMENT RENTAL - PROVIDES RENTAL OF EQUIPMENT TO RELATED 501(C)(3) ORGANIZATIONS.
FURNITURE & EQUIPMENT SALES - SELL FURNITURE AND EQUIPMENT TO ORGANIZATIONS.
BUILDING RENTAL - PROVIDES OFFICE SPACE TO RELATED 501(C)(3) ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick O'neil Chairperson | OfficerTrustee | 2 | $0 |
Charles Chase Secretary/treasurer | OfficerTrustee | 1 | $0 |
Nancy Jankowiak Manager | Officer | 40 | $0 |
Masline Horton Director | Trustee | 1 | $0 |
Joan Kovacs Director | Trustee | 1 | $0 |
Joan Bongard Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mw Moross Roofing Inc Roofing | 9/29/20 | $130,421 |
Sole Development Property Rental | 9/29/20 | $105,987 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $81,912 |
| 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 | $13,076 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,748,618 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $29,486 |
| Fees for services: Legal | $6,786 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $313,728 |
| Advertising and promotion | $0 |
| Office expenses | $51,680 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $234,543 |
| Travel | $3,167 |
| 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 | $277,577 |
| Insurance | $35,271 |
| All other expenses | $0 |
| Total functional expenses | $1,266,083 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $336,122 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,274,944 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,314 |
| Prepaid expenses and deferred charges | $63,857 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,989 |
| Total assets | $5,985,449 |
| Accounts payable and accrued expenses | $39,420 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $11,577 |
| Total liabilities | $50,997 |
| 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 |
| Total liabilities and net assets/fund balances | $5,934,452 |
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