WEST MICHIGAN SPORTS COMMISSION

EIN: 208427511 501(c)(3) Recreation & Sports

GRAND RAPIDS, MI

Total Revenue
$7,630,774
Total Expenses
$2,293,133
Total Assets
$14,297,930
Net Assets
$12,724,423
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
MI
Principal Officer
MIKE GUSWILER
Phone
6166081836
Tax Period
2023-01-01 to 2023-12-31

WEST MICHIGAN SPORTS COMMISSION, founded in 2007, is a community nonprofit in the Recreation & Sports sector that reported $7.6M in total revenue in fiscal year 2023. Revenue surged 180% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.3M, a strong 70% operating margin.

Mission

THE WEST MICHIGAN SPORTS COMMISSION FOSTERS ECONOMIC DEVELOPMENT BY ATTRACTING SPORTING EVENTS WHICH IMPROVE OUR CITIZENS' QUALITY OF LIFE AND ELEVATES THE BRAND OF GRAND RAPIDS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,597,119
Program Service Revenue $1,820,156
Investment Income $107,451
Other Revenue $106,048
TOTAL REVENUE $7,630,774

Expense Breakdown

Grants Paid $0
Salaries & Benefits $763,580
Fundraising Expenses $114,219
Program Expenses $1,872,493
Other Expenses $1,529,553
TOTAL EXPENSES $2,293,133

Year-over-Year Comparison

2023 2022 Change
Revenue $7,630,774 $2,727,543 +1.8%
Expenses $2,293,133 $2,587,273 -0.1%
Net Income $5,337,641 $140,270 +37.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
67
Volunteers
250

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$281,220
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOB PARTRIDGE BOARD MEMBER 3.00
Director
$0 $0 $0
CHAD LEROUX BOARD MEMBER 2.00
Director
$0 $0 $0
DAVE HOOGENDOORN BOARD MEMBER 2.00
Director
$0 $0 $0
DEB KAY PAST CHAIR 2.00
Director
$0 $0 $0
DOUG SMALL BOARD MEMBER 2.00
Director
$0 $0 $0
ED WILSON BOARD MEMBER 2.00
Director
$0 $0 $0
EMILY BRIEVE SECRETARY 3.00
Officer Director
$0 $0 $0
JIM HORMAN CHAIR 4.00
Officer Director
$0 $0 $0
JIM JARECKI BOARD MEMBER 2.00
Director
$0 $0 $0
KURT V LACKS BOARD MEMBER 2.00
Director
$0 $0 $0
NICK DAVIDSON VICE CHAIR 3.00
Officer Director
$0 $0 $0
TIM GORSTEMA TREASURER 3.00
Officer Director
$0 $0 $0
TOM MCCALL BOARD MEMBER 2.00
Director
$0 $0 $0
JONNY BRANN JR BOARD MEMBER 2.00
Director
$0 $0 $0
LINDSEY THIEL BOARD MEMBER 2.00
Director
$0 $0 $0
ERIC ENGLEBARETS EXECUTIVE DIRECTOR - MICHI 1.00
Officer
$31,844 $4,835 $36,679
MIKE GUSWILER PRESIDENT 40.00
Officer
$230,482 $14,059 $244,541
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $7,630,774 $2,293,133 $14,297,930 $5,337,641
2022 $2,727,543 $2,587,273 $8,793,990 $140,270
2021 $1,952,933 $1,943,359 $8,430,553 $9,574
2020 $1,086,616 $1,606,553 $7,458,234 $-519,937
2019 $2,167,978 $1,886,498 $8,588,816 $281,480
2018 $1,642,282 $1,729,611 $8,566,486 $-87,329
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