The Fpa Of Michigan

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

EIN: 581311621 ✦ Dearborn, MI ✦ Designated as a 501(c)(6)

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Overview

What is The Fpa Of Michigan?

The Fpa Of Michigan, located at 20100 Outer Drive, Dearborn, MI 48124, is a nonprofit organization with a focus on serving its members and promoting the importance of financial planning. They conduct monthly educational meetings for their members and strive to highlight the significance and success of the financial planning profession. With a small team of one dedicated individual, they work tirelessly toward their mission.


Official website here: www.fpami.com

Is The Fpa Of Michigan legitimate?

The Fpa Of Michigan is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Fpa Of Michigan 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: $55,369

For more financial information, click here


Official website here: www.fpami.com

What is the mission statement of The Fpa Of Michigan?

The FPA of Michigan's mission is centered around serving the needs of its members and enhancing the value of financial planning, as well as the success of the financial planning profession. This organization strives to achieve this objective by providing educational resources and opportunities for its members through monthly meetings. The primary goal is to emphasize and strengthen the role of financial planning within the community.


Official website here: www.fpami.com

Who is the CEO of The Fpa Of Michigan?

Sandra Adams is the President of The Fpa Of Michigan.


Official website here: www.fpami.com

What is the revenue of The Fpa Of Michigan?

The Fpa Of Michigan's revenue in 2022 was $116,496.


Official website here: www.fpami.com

Who are the executives of The Fpa Of Michigan and what are their salaries?

The average compensation at The Fpa Of Michigan during 2022 was $55,369. There is 1 employee at The Fpa Of Michigan.


Here are 11 key members and their salaries:


Eric Hoogstra (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Kerr (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colin Overweg (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Trexler (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Young (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Zilka (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Zolynsky (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Adams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Hall (President-El)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Lingram (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Del Wensley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fpami.com

Where can I find the form 990 for The Fpa Of Michigan?

The Fpa Of Michigan's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fpami.com

Learn more at the official website: www.fpami.com

Mission Statement of The Fpa Of Michigan

The FPA of Michigan, as a nonprofit organization, is committed to serving the needs of its members and advocating for the value of financial planning and the success of the financial planning profession. Its mission is multifaceted, aimed at both catering to the needs of its members and promoting the importance and effectiveness of financial planning as a profession. The organization accomplishes this through monthly educational meetings, providing a platform for members to engage, learn, and share insights, thereby fostering a supportive community and enhancing their professional growth.

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Impact




October, 2024

The FPA of Michigan significantly impacts its community and the financial planning profession by focusing on educational initiatives and member support. By hosting monthly educational meetings, it enhances the knowledge and skills of financial planners, empowering them to better serve their clients. This commitment to professional development helps establish the value of financial planning as a crucial service in the community, fostering trust and credibility in the profession.

The FPA of Michigan also plays a pivotal role in strengthening professional relationships and collaboration among its members. By creating a network of financial planners, it encourages the sharing of best practices and resources, further elevating the quality of financial planning services available to the public. This collaborative environment helps to raise the overall standard of the profession and fosters innovative solutions for financial challenges faced by individuals and businesses alike.

Moreover, the organization's focus on community improvement resonates throughout Michigan. By advocating for the importance of financial planning, it contributes to the financial literacy and well-being of the broader community, empowering individuals with the knowledge to make informed financial decisions. The FPA of Michigan's efforts ultimately lead to a more informed and financially stable population, benefiting everyone in the region.




This information is meant to be a general summary of The Fpa Of Michigan. 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
$116,496 (2022)
Expenses
$150,352 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $116,496
  • Gross Receipts: $116,496

Assets and Liabilities:

  • Total Assets: $55,633
  • Total Liabilities: $14,749
  • Net Assets: $40,884

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$88,532

MEMBERSHIP DUES AND ASSESSMEN

Revenue

$27,964

Organization Details

Founding Year

1982

Principal Officer

Sandra Adams

Main Address

20100 OUTER DRIVE, DEARBORN, MI, 48124

NTEE Category

Code: S40 - Community improvement

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