MACKINAC ISLAND TOURISM BUREAU

EIN: 383654675 Community Improvement

MACKINAC ISLAND, MI

Total Revenue
$450,368
Total Expenses
$463,191
Total Assets
$34,429
Net Assets
$34,429
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
MI
Principal Officer
TIMOTHY G HYGH
Phone
8004545227
Tax Period
2023-01-01 to 2023-12-31

MACKINAC ISLAND TOURISM BUREAU, founded in 2002, is a small nonprofit in the Community Improvement sector that reported $450K in total revenue in fiscal year 2023.

Mission

ENHANCE AND GROW TOURISM ON MACKINAC ISLAND THROUGH MARKETING AND PROMOTION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $190,226
Program Service Revenue $225,737
Investment Income $0
Other Revenue $34,405
TOTAL REVENUE $450,368

Expense Breakdown

Grants Paid $0
Salaries & Benefits $390,468
Fundraising Expenses $0
Other Expenses $72,723
TOTAL EXPENSES $463,191

Year-over-Year Comparison

2023 2022 Change
Revenue $450,368 $435,569 +0.0%
Expenses $463,191 $418,874 +0.1%
Net Income $-12,823 $16,695 -1.8%
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

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
17
Independent Members
17
Employees
9
Volunteers
20

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
5
$180,180
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT BENSER JR PRESIDENT 10.00
Officer Director
$0 $0 $0
JOHN HULETT III VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MARY CALLEWAERT TREASURER 1.00
Officer Director
$0 $0 $0
MARIE HULETT SECRETARY 1.00
Officer Director
$0 $0 $0
ALAN SEHOYAN BOARD MEMBER 1.00
Director
$0 $0 $0
KRIS KLAY BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN BAILEY BOARD MEMBER 1.00
Director
$0 $0 $0
DOMINICK MILLER BOARD MEMBER 1.00
Director
$0 $0 $0
SUZE OOSTENDORP BOARD MEMBER 1.00
Director
$0 $0 $0
LIZ WARE BOARD MEMBER 1.00
Director
$0 $0 $0
MAR PULTE BOARD MEMBER 1.00
Director
$0 $0 $0
PATTI ANN MOSKWA BOARD MEMBER 1.00
Director
$0 $0 $0
SHAWN FEARON BOARD MEMBER 1.00
Director
$0 $0 $0
S ANDREW DOUD BOARD MEMBER 1.00
Director
$0 $0 $0
VERONICA DOBROWOLSKI BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN GAULT BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS SHEPLER BOARD MEMBER 1.00
Director
$0 $0 $0
TIMOTHY HYGH EXECUTIVE DIRECTOR 20.00
Officer
$180,180 $0 $180,180
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 No data No data No data No data
2023 $450,368 $463,191 $34,429 $-12,823
2022 $435,569 $418,874 $47,252 $16,695
2021 $411,026 $422,215 $38,730 $-11,189
2020 $243,557 $212,627 $45,091 $30,930
2019 $270,648 $277,184 $35,096 $-6,536
2018 $270,723 $312,915 $41,761 $-42,192
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