MICHIGAN WATER ENVIRONMENT ASSOCIATION

EIN: 382160283 501(c)(3) Environment

LANSING, MI

Total Revenue
$1,111,763
Total Expenses
$1,043,512
Total Assets
$1,059,362
Net Assets
$604,549
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1925
Legal Domicile
MI
Principal Officer
CHERYL VOSBURG
Phone
5176417377
Tax Period
2024-01-01 to 2024-12-31

MICHIGAN WATER ENVIRONMENT ASSOCIATION, founded in 1925, is a community nonprofit in the Environment sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $1.0M left a modest 6% surplus.

Mission

TO EDUCATE AND ADVOCATE FOR PRESERVING, RESTORING, AND ENHANCING MICHIGAN'S WATER RESOURCES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $239,275
Program Service Revenue $839,688
Investment Income $12,762
Other Revenue $20,038
TOTAL REVENUE $1,111,763

Expense Breakdown

Grants Paid $200
Salaries & Benefits $409,335
Fundraising Expenses $0
Program Expenses $776,364
Other Expenses $633,977
TOTAL EXPENSES $1,043,512

Year-over-Year Comparison

2024 2023 Change
Revenue $1,111,763 $957,230 +0.2%
Expenses $1,043,512 $957,575 +0.1%
Net Income $68,251 $-345 -198.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
8
Volunteers
200

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
8
$113,198
Total Directors
13
$7,450
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHERYL VOSBURG EXECUTIVE DIRECTOR 40.00
Officer
$100,700 $5,048 $105,748
DAVE CONNERS PRESIDENT/PAST PRESIDENT 2.00
Officer Director
$7,450 $0 $7,450
BRYAN CLOR ASSOCIATION DIRECTOR (ENDED 02/24) 1.00
Director
$0 $0 $0
NATHAN VER HEUL ASSOCIATION DIRECTOR 1.00
Director
$0 $0 $0
DOUG ENGELSMAN ASSOCIATION DIRECTOR 1.00
Director
$0 $0 $0
TODD WIBRIGHT FEDERATION DIRECTOR 1.00
Director
$0 $0 $0
CHRIS NASTALLY FEDERATION DIRECTOR 1.00
Director
$0 $0 $0
LUTHER BLACKBURN MEMBERSHIP DIRECTOR 1.00
Director
$0 $0 $0
DEANN FALKOWSKI TREASURER 2.00
Officer Director
$0 $0 $0
JENNIFER DRINNAN SECRETARY 1.00
Officer Director
$0 $0 $0
ERICA MORGAN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MAJID KHAN VP/PRESIDENT ELECT 1.00
Officer Director
$0 $0 $0
MARK EARL PRESIDENT ELECT/PRESIDENT 2.00
Officer Director
$0 $0 $0
ELAINE VENEMA PAST PRESIDENT (ENDED 06/24) 1.00
Officer 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
2024 $1,111,763 $1,043,512 $1,059,362 $68,251
2023 $957,230 $957,575 $965,114 $-345
2022 $859,315 $1,034,216 $839,932 $-174,901
2021 $805,636 $735,508 $1,023,292 $70,128
2020 $739,149 $710,658 $978,794 $28,491
2019 $814,405 $914,837 $765,092 $-100,432
2018 $996,640 $901,704 $791,660 $94,936
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