Saginaw, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MiCTA, founded in 1989, is a small nonprofit that reported $575K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.
The Corporation is organized for the purpose of identifying and resolving common telecommunication issues and problems; providing a clearing house of information relative to telecommunications; gaining information on new telecommunication products and services; improving the level of competency and enhancing the development of professional status of the member college and university administrators; influencing the development of telecommunication services to members at reduced costs and improved quality; participating in governmental and regulatory proceedings affecting the telecommunication issues; otherwise promoting the common telecommunications interests of the membership; and conducting any and all activities necessary or incidental to the foregoing purpose.
MiCTA serves its national membership by coordinating group purchasing programs and aggregating member demand to facilitate members' purchases of competitively bid products and services; monitoring...
MiCTA serves its national membership by coordinating group purchasing programs and aggregating member demand to facilitate members' purchases of competitively bid products and services; monitoring telecommunications and technology legislation and regulatory processes that impact its members; informing its membership of technology changes and legislations that may affect them; conducting research to benefit its members; providing highly valuable, cost-effective professional development opportunities; supporting technological advancements through grants; working with vendors to ensure our members' technology needs are met.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $575,391 | $611,659 | -0.1% |
| Expenses | $563,001 | $610,688 | -0.1% |
| Net Income | $12,390 | $971 | +11.8% |
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 |
|---|---|---|---|---|---|---|
| Cedric Banks | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dr Dawn Kaiser | Secretary/Treasurer | 6.00 |
Officer
Director
|
$24,500 | $0 | $24,500 |
| Rick Haugerud | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Walt Magnussen | Past President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kyle Morrison | At Large | 1.00 |
Director
|
$0 | $0 | $0 |
| Thomas Pellizzi Jr | At-Large | 1.00 |
Director
|
$0 | $0 | $0 |
| Craig Filippini | At-Large | 1.00 |
Director
|
$0 | $0 | $0 |
| Tim Von Hoff | CEO | 40.00 |
Officer
|
$178,334 | $29,980 | $208,314 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $575,391 | $563,001 | $940,813 | $12,390 |
| 2023 | $611,659 | $610,688 | $972,123 | $971 |
| 2022 | $692,470 | $629,419 | $976,497 | $63,051 |
| 2021 | $521,440 | $702,343 | $1,136,667 | $-180,903 |
| 2020 | $587,389 | $693,078 | $1,260,482 | $-105,689 |
| 2019 | $927,594 | $799,126 | $1,439,766 | $128,468 |
| 2018 | $908,850 | $823,302 | $1,191,014 | $85,548 |
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