MARKET VANBUREN

EIN: 843582323 501(c)(3) Community Improvement

BENTON HARBOR, MI

Total Revenue
$919,068
Total Expenses
$891,162
Total Assets
$521,364
Net Assets
$342,935
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
MI
Principal Officer
DAN PEAT
Phone
2699271064
Tax Period
2024-07-01 to 2025-06-30

MARKET VANBUREN, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $919K in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $891K left a modest 3% surplus.

Mission

CONNECT PEOPLE, INVESTMENTS, AND ORGANIZATIONS WITH STRATEGIES AND SERVICES THAT IMPROVE THE QUALITY OF LIFE AND ECONOMIC CONDITIONS IN OUR REGION, SPECIFICALLY VAN BUREN COUNTY.

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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 $917,269
Program Service Revenue $0
Investment Income $1,799
Other Revenue $0
TOTAL REVENUE $919,068

Expense Breakdown

Grants Paid $28,650
Salaries & Benefits $424,538
Fundraising Expenses $0
Program Expenses $873,315
Other Expenses $437,974
TOTAL EXPENSES $891,162

Year-over-Year Comparison

2024 2023 Change
Revenue $919,068 $590,612 +0.6%
Expenses $891,162 $593,052 +0.5%
Net Income $27,906 $-2,440 -12.4%
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
19
Independent Members
18
Employees
N/A
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
3
$200,595
Total Directors
20
$180,043
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSH COSNER CIO-KINEXUS GROUP 1.00
Director
$0 $33,480 $180,043
RANDY PEAT BOARD MEMBER 1.00
Director
$0 $0 $0
ARNIE REDSICKER BOARD MEMBER 1.00
Director
$0 $0 $0
TOM STANEK BOARD MEMBER 1.00
Director
$0 $0 $0
DONALD STULL BOARD MEMBER 1.00
Director
$0 $0 $0
CARRIE TROYER BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL SCHINCAROL BOARD MEMBER 1.00
Director
$0 $0 $0
DEREK NOFZ BOARD MEMBER 1.00
Director
$0 $0 $0
KURT DOROH BOARD MEMBER 1.00
Director
$0 $0 $0
JEREMIAH JONES BOARD MEMBER 1.00
Director
$0 $0 $0
SAMUEL BARRERA BOARD MEMBER 1.00
Director
$0 $0 $0
KEN KEMERER BOARD MEMBER 1.00
Director
$0 $0 $0
RYAN LAYLIN BOARD MEMBER (ENDED 12/24) 1.00
Director
$0 $0 $0
DAVE MANSON BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT WHITEFORD BOARD MEMBER 1.00
Director
$0 $0 $0
NATE CARPENTER BOARD MEMBER 1.00
Director
$0 $0 $0
DAYWI COOK TREASURER 1.00
Director
$0 $0 $0
CHAD RITCHIE VICE-CHAIRPERSON 1.00
Officer Director
$0 $0 $0
LUKE BARBER CHAIRPERSON 1.00
Officer Director
$0 $0 $0
BRET BREWER BOARD MEMBER 1.00
Director
$0 $0 $0
ZACHARY MORRIS MVB-EXECUTIVE DIRECTOR 40.00
Officer
$0 $83,921 $200,595
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
2025 $919,068 $891,162 $521,364 $27,906
2024 No data No data No data No data
2023 $514,262 $419,389 $371,060 $94,873
2022 $420,977 $320,599 $243,759 $100,378
2021 $231,792 $209,523 $136,123 $22,269
2020 $294,840 $194,891 $102,479 $99,949
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