Overview
What is Michigan Economic Developers Association?
Michigan Economic Developers Association is a nonprofit organization situated in Lansing, Michigan. With approximately 500 members, they aim to advance economic development in the state. They achieve this goal by organizing meetings, seminars, and events, inviting speakers, offering tours, publishing newsletters, and maintaining directories. The association's mission extends beyond its members, aiming to enhance the effectiveness of individuals in the economic development profession through educational programs and literature. Their activities are primarily focused on promoting economic growth and development across Michigan.
Official website here: www.medaweb.org
Is Michigan Economic Developers Association legitimate?
Michigan Economic Developers Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Economic Developers Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $137,806
Professional Fundraising Fees: $0
Other Salaries and Wages: $98,882
For more financial information, click here
Official website here: www.medaweb.org
What is the mission statement of Michigan Economic Developers Association?
The Michigan Economic Developers Association's mission is focused on promoting economic development across the state. This organization strives to enhance the effectiveness of individuals, both members and non-members, in the economic development profession. They achieve this goal through various educational programs, meetings, and literature. The association provides resources such as membership meetings, seminars, luncheons, speaker engagements, tours, publications, newsletters, and directories, all aimed at offering economic development services. Approximately 500 members have benefited from these offerings.
Official website here: www.medaweb.org
What is the revenue of Michigan Economic Developers Association?
Michigan Economic Developers Association's revenue in 2023 was $463,953.
Official website here: www.medaweb.org
Who are the executives of Michigan Economic Developers Association and what are their salaries?
The average compensation at Michigan Economic Developers Association during 2023 was $59,172. There are 4 employees and 96 volunteers at Michigan Economic Developers Association.
Here are 12 key members and their salaries:
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- Compensation: $83,597
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- Other: $33,511
Official website here: www.medaweb.org
Where can I find the form 990 for Michigan Economic Developers Association?
Michigan Economic Developers Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.medaweb.org
Learn more at the official website: www.medaweb.org
Mission Statement of Michigan Economic Developers Association
The Michigan Economic Developers Association, a notable organization, is committed to fostering economic growth across the state. Its primary mission is twofold: firstly, to promote economic development throughout Michigan, and secondly, to enhance the effectiveness of individuals in the economic development profession. The association achieves this by providing a variety of educational programs, meetings, and literature. These resources enable both members and non-members to hone their skills and contribute more effectively to the economic development sector. The Michigan Economic Developers Association offers membership meetings, seminars, luncheons, speaker engagements, tours, publications, newsletters, and directories. These services aim to equip economic development professionals with the tools and resources necessary to provide top-notch services to their communities. Approximately 500 individuals have benefited from these offerings, demonstrating the organization's significant impact on the field.
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Impact
October, 2024
The Michigan Economic Developers Association (MEDA) significantly enhances economic development across the state by promoting effective practices and providing valuable resources. Through a variety of events such as membership meetings, seminars, lunches, and speaker sessions, MEDA creates opportunities for professionals to network and share knowledge. Additionally, it offers publications, newsletters, and directories that equip its approximately 500 members with essential tools and information to thrive in the field.
By focusing on education and continuous professional development, MEDA empowers both members and non-members, enhancing their effectiveness in driving community improvement and economic growth throughout Michigan. The association's commitment to fostering collaboration and sharing best practices plays a critical role in the state's economic landscape, ensuring that local communities are better positioned to attract investment, create jobs, and improve overall quality of life.
This information is meant to be a general summary of Michigan Economic Developers Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $3,412
- Program Service Revenue: $457,221
- Gross Receipts: $463,953
Assets and Liabilities:
- Total Assets: $366,193
- Total Liabilities: $0
- Net Assets: $366,193
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES
Revenue
$159,194
MEETING REVENUE
Revenue
$104,445
SPONSORSHIPS
Revenue
$99,000
MICHIGAN BASIC COURSE INOME
Revenue
$49,621
PROGRAM FEES
Revenue
$35,736
Organization Details
Founding Year
1983
Principal Officer
Meghan Swain
Website
www.medaweb.orgNTEE Category
Code: S30Z - Community improvement
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