Michigan Coin Machine Operators Association is located in Lansing, MI. The organization was established in 1996. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Coin Machine Operators Association 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 12/2023, Michigan Coin Machine Operators Association generated $60.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $28.2k during the year ending 12/2023. While expenses have increased by 2.5% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE GENERAL INTEREST IN THE VENDING MACHINE INDUSTRY IN THE STATE OF MICHIGAN.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Meier Directors | 0 | $0 | |
Ken Adgate Directors | 0 | $0 | |
Luke Adams Directors | 0 | $0 | |
Marty Turner Directors | 0 | $0 | |
John Pascaretti Directors | 0 | $0 | |
Tim Acord Directors | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,300 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $45,159 |
| Other Revenue | $3,726 |
| Total Revenue | $60,185 |
| 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 | $790 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $553 |
| Other expenses | $26,819 |
| Total expenses | $28,162 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,574 |
| Other assets | $0 |
| Total assets | $115,574 |
| Total liabilities | $11 |
| Net assets or fund balances | $115,563 |