GREATER MUNISING BAY PARTNERSHIP FOR COMMERCE DEVELOPMENT (EIN 270914460) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

AMBER CURTIS

Phone

9063872138

Tax Period

2023-07-01 to 2024-06-30

GREATER MUNISING BAY PARTNERSHIP FOR COMMERCE DEVELOPMENT, founded in 2009, is a small nonprofit in the Community Improvement sector that reported $220K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year.

Mission

TO ADVANCE AND PROMOTE SOCIAL AND ECONOMIC DEVELOPMENT THROUGHOUT ALGER COUNTY, MICHIGAN.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $118,743

Program Service Revenue $66,720

Investment Income $1,563

Other Revenue $32,507

TOTAL REVENUE $219,533

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,554

Fundraising Expenses $0

Other Expenses $203,894

TOTAL EXPENSES $217,448

Year-over-Year Comparison

	2023	2022	Change
Revenue	$219,533	$263,611	-0.2%
Expenses	$217,448	$264,328	-0.2%
Net Income	$2,085	$-717	-3.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY BAUR	CO-CHAIR	1.00	Officer Director	$0	$0	$0
CHRIS BERRY	TREASURER	1.00	Officer Director	$0	$0	$0
JARED BOWERMAN	MEMBER	1.00	Director	$0	$0	$0
RENEE BOWERMAN	MEMBER	1.00	Director	$0	$0	$0
AMBER CURTIS	CHAIR	1.00	Officer Director	$0	$0	$0
JOHN DEISENROTH	MEMBER	1.00	Director	$0	$0	$0
JOE ESBROOK	MEMBER	1.00	Director	$0	$0	$0
ANGELA GEROU	MEMBER	1.00	Director	$0	$0	$0
KATHRYN LUND JOHNSON	MEMBER	1.00	Director	$0	$0	$0
KATHERINE REYNOLDS	EXECUTIVE DI	40.00	Director	$0	$0	$0

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
2025	No data	No data	No data	No data
2024	$219,533	$217,448	$191,104	$2,085
2023	$263,611	$264,328	$192,868	$-717
2022	$247,529	$264,646	$197,322	$-17,117
2021	$253,091	$240,192	$217,776	$12,899
2020	$229,167	$234,723	$216,562	$-5,556
2019	$252,625	$215,047	$217,100	$37,578

GREATER MUNISING BAY PARTNERSHIP FOR COMMERCE DEVELOPMENT