Overview

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Est.

1978

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

MIDLAND BUSINESS ALLIANCE FNDN is an economic development nonprofit focused on enhancing the quality of life for Midland County residents by supporting the retention and creation of quality jobs and diversifying the local economic base. In filing year 2024, it reported a $2.7M operating budget and $3.5M in total revenue, with major support from MIDLAND BUSINESS ALLIANCE, MIDLAND AREA COMMUNITY FOUNDATION, and The Patricia and David Kepler Foundation.

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
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  • 10 funders
  • 110 board & team members
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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.