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Michigan Government Finance Officers Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 386351045 ✦ Traverse city, MI ✦ Designated as a 501(c)(3)

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Overview

What is Michigan Government Finance Officers Association?

The Michigan Government Finance Officers Association is a nonprofit organization situated in Traverse City, Michigan. Its primary mission is to bring together Michigan's finance professionals, fostering their collective efforts in managing public entity resources effectively and professionally. The association further supports the professional development of its members. During their Fall Training Institute, they provided training for over 220 members, covering topics such as GFOA National Update, Capital Improvement Planning, Legislative Update, ARPA Economic Update, GASB Standards Update, and more. They also collaborate with other organizations to promote the use of financial governance best practices in managing Michigan's public entities.


Official website here: www.migfoa.org/

Is Michigan Government Finance Officers Association legitimate?

Michigan Government Finance Officers Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Government Finance Officers 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.migfoa.org/

What is the mission statement of Michigan Government Finance Officers Association?

The Michigan Government Finance Officers Association's mission is centered around bringing together finance professionals from Michigan. Their primary objective is to facilitate the efficient and proficient management of public entity resources. Furthermore, they are committed to promoting and fostering the professional growth of their members. In cooperation with other organizations, the association works towards advocating for the utilization of financial governance best practices in the management of Michigan's public entities.


Official website here: www.migfoa.org/

Who is the CEO of Michigan Government Finance Officers Association?

Jody Weissler Defoe is the President of Michigan Government Finance Officers Association.


Official website here: www.migfoa.org/

What is the revenue of Michigan Government Finance Officers Association?

Michigan Government Finance Officers Association's revenue in 2023 was $222,539.


Official website here: www.migfoa.org/

Who are the executives of Michigan Government Finance Officers Association and what are their salaries?

There 109 volunteers at Michigan Government Finance Officers Association.


Here are 11 key members and their salaries:


Rheagan Basabica (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Clarin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Mcglothlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Rolka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kari Shea (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Snyder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Bonarek (Vice Pres/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jody Weissler Defoe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Dryden-Hogan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Garland (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.migfoa.org/

Where can I find the form 990 for Michigan Government Finance Officers Association?

Michigan Government Finance Officers Association's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.migfoa.org/

Learn more at the official website: www.migfoa.org/

Mission Statement of Michigan Government Finance Officers Association

The Michigan Government Finance Officers Association, abbreviated as MGFOA, serves a crucial role in bringing together finance professionals from Michigan's public entities. Their primary mission is to foster effective and proficient financial management within these public entities, ensuring the optimal use of their resources. Furthermore, MGFOA is committed to supporting the professional growth of its members by promoting best practices in financial governance. In partnership with other organizations, MGFOA actively encourages the adoption of these best practices in managing Michigan's public entities.

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Impact




October, 2024

The Michigan Government Finance Officers Association (MGFOA) significantly enhances the effectiveness of public financial management across the state. By uniting finance professionals, it fosters collaboration and the exchange of best practices, thereby improving the management of public entity resources.

One of its key initiatives, the Fall Training Institute, exemplifies this commitment, providing essential training for over 220 members through a rigorous three-day program. This event covers a range of pertinent topics such as the GFOA National Update, Capital Improvement Planning, Legislative Updates, ARPA Economic Updates, and GASB Standards Updates. By focusing on these critical areas, MGFOA equips its members with the knowledge and tools necessary for effective governance and financial management.

Moreover, the association actively collaborates with other organizations to promote best practices in financial governance. This partnership not only strengthens the network of professionals but also ensures that Michigan's public entities adhere to high standards of accountability and efficiency. Ultimately, MGFOA plays a pivotal role in enhancing the competency of finance professionals in Michigan, contributing to the overall fiscal health and sustainability of public entities throughout the state.




This information is meant to be a general summary of Michigan Government Finance Officers 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.

Revenue
$222,539 (2023)
Expenses
$266,072 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $30
  • Program Service Revenue: $131,549
  • Gross Receipts: $222,539

Assets and Liabilities:

  • Total Assets: $239,411
  • Total Liabilities: $0
  • Net Assets: $239,411

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Fall Training Institute

Revenue

$70,123

Spring Seminar

Revenue

$27,129

Profession Development - various

Revenue

$34,297

Organization Details

Founding Year

1998

Principal Officer

Jody Weissler Defoe

Main Address

4020 COPPER VIEW STE 130, TRAVERSE CITY, MI, 49684

NTEE Category

Code: B60 - Education

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