MICHIGAN ASSOC FOR CONVENTION AND VISITORS BUREAUS

EIN: 383219813

STANWOOD, MI

Total Revenue
$668,365
Total Expenses
$589,192
Total Assets
$550,149
Net Assets
$464,320
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
MI
Principal Officer
SUSAN ESTLER
Phone
2318230015
Tax Period
2024-01-01 to 2024-12-31

MICHIGAN ASSOC FOR CONVENTION AND VISITORS BUREAUS, founded in 1974, is a small nonprofit that reported $668K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $589K left a modest 12% surplus.

Mission

SEE SCHEDULE O THE MACVB SHALL BE A COOPERATIVE ASSOCIATION OF INDIVIDUAL CONVENTION AND VISITOR BUREAUS, WHO SHARE BROAD BASED LOCAL COMMUNITY SUPPORT AND WHOSE PRIMARY FOCUS IS THE PROMOTION OF THEIR RESPECTIVE AREAS AS CONVENTION, GROUP MEETINGS AND/OR TOURIST DESTINATIONS. THE PURPOSE OF THE MACVB SHALL BE TO PROVIDE A VEHICLE FOR EDUCATION, THE EXCHANGE OF IDEAS, OPINIONS AND EXPERIENCE THROUGH DISCUSSION, STUDY AND PERSONAL CONTACT. THE MACVB WILL ENGAGE IN MARKETING ACTIVITIES AS ECONOMIC AND LEGISLATIVE CONDITIONS WARRANT.

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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 $100,000
Program Service Revenue $499,598
Investment Income $36,317
Other Revenue $32,450
TOTAL REVENUE $668,365

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $589,192
TOTAL EXPENSES $589,192

Year-over-Year Comparison

2024 2023 Change
Revenue $668,365 $554,300 +0.2%
Expenses $589,192 $471,562 +0.2%
Net Income $79,173 $82,738 0.0%
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
7
Independent Members
7
Employees
N/A
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
1
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRAD BARNETT SECRETARY N/A
Director
$0 $0 $0
LARISA DRAVES EXECUTIVE DI N/A
Director
$0 $0 $0
SUSAN ESTLER PRESIDENT N/A
Officer Director
$0 $0 $0
JANET KORN VICE PRESIDE N/A
Director
$0 $0 $0
BOB LUKENS DIRECTOR AT N/A
Director
$0 $0 $0
JULIE PINGSTON TREASURER N/A
Director
$0 $0 $0
JEN SISTRUNK DIRECTOR AT N/A
Director
$0 $0 $0
TREVOR TKACH PAST PRESIDE N/A
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 $668,365 $589,192 $550,149 $79,173
2023 $554,300 $471,562 $444,741 $82,738
2022 $491,597 $378,638 $305,666 $112,959
2021 $364,158 $303,380 $190,125 $60,778
2020 $398,566 $339,492 $129,347 $59,074
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