GREATER ISHPEMING COMMISSION ON AGING

GREATER ISHPEMING COMMISSION ON AGING

Ishpeming, MI, US
501(c)(3)
EIN
38-2429118

GREATER ISHPEMING COMMISSION ON AGING

Ishpeming, MI, US
501(c)(3)
EIN
38-2429118

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$523,737

Government Grants
84%
Contributions
7%
Fundraising Events
6%
Other
1%
Investments
1%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$442,370

Salaries & Benefits
76%
Other
18%
Offices, Occupancy & IT
4%
Depreciation
2%
Fees to Service Providers
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$56,253
$37,341
-34%
Government Grants
$376,481
$441,744
+17%
Fundraising Events
$29,450
$29,327
0%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$4,349
$7,524
+73%
Other
$817
$7,801
+855%
Total Revenues
$467,350
$523,737
+12%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$295,308
$334,884
+13%
Fees to Service Providers
$41
$536
+1207%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$20,358
$17,499
-14%
Interest
$0
$34
-
Depreciation
$8,935
$10,186
+14%
Other
$80,763
$79,231
-2%
Total Expenses
$405,405
$442,370
+9%
Net income
2023
2024
Change
Net income
+$61,945
+$81,367
+31%
Functional Expenses
Summary
2023
2024
Change
Program
$396,470
$432,184
+9%
Admin
$8,935
$10,186
+14%
Fundraising
$0
$0
-
Total Expenses
$405,405
$442,370
+9%
Income Statement
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