MIDLAND BUSINESS ALLIANCE FNDN

MIDLAND BUSINESS ALLIANCE FNDN

Midland, MI, US
501(c)3
EIN
38-2600199

MIDLAND BUSINESS ALLIANCE FNDN

Midland, MI, US
501(c)3
EIN
38-2600199

Overview

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Est.

1978

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Midland Business Alliance Foundation (EIN: 38-2600199) is dedicated to enhancing the quality of life for residents of Midland County by focusing on economic development through the retention and creation of quality jobs and diversification of the economic base. With an operating budget of $2.7 million and total revenue of $3.5 million for the 2024 filing year, the organization relies on multiple funders, none of which contribute 50% or more of its revenue. More information can be found on their website at www.mbami.org.

Mission Statement

TO ENHANCE THE QUALITY OF LIFE FOR MIDLAND COUNTY RESIDENTS THROUGH THE RETENTION AND CREATION OF QUALITY JOBS AND DIVERSIFICATION OF THE ECONOMIC BASE.
Revenues

$3.5M

Expenses

$2.7M

Net Income:
+$844.5K
Assets

$10.1M

Liabilities

$705.1K

Net Assets:
+$9.4M
Operating Budget

$2.7M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

6

Median grant size
$18.3K
Largest grant received
$510K
T
Tony Stamas
Board Member
J
Jordan Summers
Board Member
L
Lisa Gerstacker
Board Member

Frequently Asked Questions

What is MIDLAND BUSINESS ALLIANCE FNDN’s budget?
In 2024, MIDLAND BUSINESS ALLIANCE FNDN reported an annual operating budget of around $2.7 million. More detailed financial information is available to registered users.
What causes does MIDLAND BUSINESS ALLIANCE FNDN support?
MIDLAND BUSINESS ALLIANCE FNDN supports work in Economic development.
Where does MIDLAND BUSINESS ALLIANCE FNDN operate?
MIDLAND BUSINESS ALLIANCE FNDN is headquartered in Midland, MI.
Who funded MIDLAND BUSINESS ALLIANCE FNDN recently?
In 2024, MIDLAND BUSINESS ALLIANCE FNDN received grants from MIDLAND BUSINESS ALLIANCE, MIDLAND AREA COMMUNITY FOUNDATION, and The Patricia and David Kepler Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant MIDLAND BUSINESS ALLIANCE FNDN received in 2024?
The largest grant to MIDLAND BUSINESS ALLIANCE FNDN in 2024 exceeds $510 thousand.
What is MIDLAND BUSINESS ALLIANCE FNDN’s reliance on government grants?
MIDLAND BUSINESS ALLIANCE FNDN relied on government grants for more than 10% of their total revenue in 2024.
Overview
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