Nabip West Michigan Chapter is located in Grand Rapids, MI. The organization was established in 1994. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nabip West Michigan Chapter 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 06/2023, Nabip West Michigan Chapter generated $42.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $38.4k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
WMAHU HELD EDUCATIONAL MEETINGS (IN PERSON OR VIRTUAL) FOR MEMBERS, SENT ATTENDEES TO NATIONAL CONVENTION AND CAPITOL CONFERENCE EVENTS AND HELD TWO GOLF OUTINGS (CONVENTIONAL SUMMER OUTING AND X-GOLF WINTER OUTING).
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dominic Siciliano Director/president | 1 | $0 | |
Rachel Taber Director/president Elect | 1 | $0 | |
Emily Martens Director/treasurer/secretary | 1 | $0 | |
Keith Wright Director/past President | 1 | $0 | |
Mary Kay Townley Executive Secretary | 1 | $0 | |
Ron Crofoot Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,219 |
| Membership dues | $2,992 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $35,627 |
| Other Revenue | $202 |
| Total Revenue | $42,041 |
| 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 | $3,770 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,599 |
| Total expenses | $38,369 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,781 |
| Other assets | $0 |
| Total assets | $53,781 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,781 |