MACKINAC ISLAND, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MACKINAC ISLAND CONVENTION & VISITORS BUREAU, founded in 2010, is a community nonprofit in the Community Improvement sector that reported $2.7M in total revenue in fiscal year 2023. The organization ran a surplus of $498K, a strong 19% operating margin.
TO PROMOTE CONVENTION, TRADE SHOW, MEETING, AND OVERNIGHT TOURISM BUSINESS, AND TOURISM GENERALLY ON MACKINAC ISLAND, MICHIGAN, TO EXTEND ASSISTANCE AND SERVICES TO MEMBERS TO AID THEM IN THE SUCCESS OF THEIR BUSINESS ACTIVITY AND WELL-BEING, AND TO ESTABLISH AND COLLECT AN ASSESSMENT TO PAY THEREFORE.
TO PROMOTE CONVENTION, TRADE SHOW, MEETING, OVERNIGHT TOURISM BUSINESS AND TOURISM GENERALLY ON MACKINAC ISLAND, MICHIGAN, TO EXTEND ASSISTANCE AND SERVICES TO MEMBERS TO AID THEM IN THE SUCCESS OF...
TO PROMOTE CONVENTION, TRADE SHOW, MEETING, OVERNIGHT TOURISM BUSINESS AND TOURISM GENERALLY ON MACKINAC ISLAND, MICHIGAN, TO EXTEND ASSISTANCE AND SERVICES TO MEMBERS TO AID THEM IN THE SUCCESS OF THEIR BUSINESS ACTIVITY AND WELL-BEING, AND TO ESTABLISH AND COLLECT AN ASSESSMENT TO PAY THEREFORE. REVENUE IS BASED ON A 3% ASSESSMENT BY THE AGGREGATE ROOM CHARGES IMPOSED BY THE LODGING FACILITIES DURING A CALENDAR MONTH.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,686,007 | $2,513,259 | +0.1% |
| Expenses | $2,187,767 | $1,798,588 | +0.2% |
| Net Income | $498,240 | $714,671 | -0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| TODD CALLEWAERT | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DENNIS CAWTHORNE | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BOB BENSER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID JURACK | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TIMOTHY HYGH | EXECUTIVE DIRECTOR | 20.00 |
Officer
|
$0 | $0 | $180,180 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $2,686,007 | $2,187,767 | $3,142,593 | $498,240 |
| 2022 | $2,513,259 | $1,798,588 | $2,662,242 | $714,671 |
| 2021 | $2,283,008 | $1,412,990 | $2,114,700 | $870,018 |
| 2020 | $1,284,165 | $1,350,934 | $1,157,910 | $-66,769 |
| 2019 | $1,485,350 | $1,320,773 | $1,263,372 | $164,577 |
| 2018 | $1,416,858 | $1,143,558 | $1,087,455 | $273,300 |
Compare MACKINAC ISLAND CONVENTION & VISITORS BUREAU with other nonprofits in Michigan and across the country.