Dematic Employee Association is located in Grand Rapids, MI. The organization was established in 1987. According to its NTEE Classification (T03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dematic Employee Association 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 06/2024, Dematic Employee Association generated $86.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $86.0k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 5 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
2024
Describe the Organization's Program Activity:
Part 3
ASSOCIATION USED CONTRIBUTION COLLECTED FROM THE EMPLOYEES OF DEMATIC CORP. IN GRAND RAPIDS, MI TO DONATE TO 28 DIFFERENT LOCAL AND NATIONAL CHARITABLE ORGANIZATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brittany Trippett President | 0.15 | $0 | |
Jeffrey Devries Treasurer | 0.15 | $0 | |
Joey Fester Secretary | 0.15 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,372 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $226 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $86,598 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $86,018 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,383 |
| Other assets | $0 |
| Total assets | $5,383 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,383 |