Petoskey Wine Region
- Assets
- $49.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alanson, MI
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-5493206
Organization Overview
Petoskey Wine Region is located in Alanson, MI. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Petoskey Wine Region 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, Petoskey Wine Region generated $63.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $58.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.7%) 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
2023
Describe the Organization's Program Activity:
Part 3
CREATE, PROMOTE AND ENCOURAGE THE MAKING, GROWING, SELLING AND APPRECIATION OF MICHIGAN WINES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Mccarthy Treasurer | 5 | $0 | |
Christi Kiker Secretary | 2 | $0 | |
Dustin Stabile President | 2 | $0 | |
Britta Dennis Director | 2 | $0 | |
Greg Shooks Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,000 |
| Total Program Service Revenue | $28,862 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,862 |
| 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 | $15,438 |
| Occupancy, rent, utilities, and maintenance | $10,885 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,905 |
| Total expenses | $58,228 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,004 |
| Other assets | $0 |
| Total assets | $49,004 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,004 |