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Nonprofit · EIN 46-1516144

MARSHALL AREA ECONOMIC DEVELOPMENT ALLIANCE

Tax-exempt · MARSHALL, MI 49068

Financials

$151.6M$3.2M2022$143.7M$1.3M2023$119.3M$107.5M2024
Revenue Expenses · by fiscal year end
Financials of MARSHALL AREA ECONOMIC DEVELOPMENT ALLIANCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$119,254,589$107,493,348$11,761,241$342,398,869$38,948,350$303,450,519
June 30, 2024990$143,724,385$1,296,612$142,427,773$344,058,367$52,369,089$291,689,278
June 30, 2023990$151,641,399$3,177,790$148,463,609$203,118,967$53,857,462$149,261,505
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$119,191,323
of which government grants
$118,542,615
Membership dues
$71,498
Program service revenue
$0
Investment income
$42,278
Net income from fundraising events
$207
Other revenue
$20,988

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$182,341
Other salaries and wages
$379,618
Salaries, compensation and benefits (total)
$612,728
Professional fundraising fees
$0
Accounting fees
$36,975
Travel
$6,647
Depreciation
$22,959
Program services (functional)
$107,420,369
Management and general (functional)
$72,979

Balance sheet and other

Total assets, start of year
$344,058,367
Total assets, end of year
$342,398,869
Total liabilities, end of year
$38,948,350
Net assets, end of year
$303,450,519
Land, buildings and equipment
$299,739,755
Net assets without donor restrictions
$1,079,994
Net assets with donor restrictions
$302,370,525
Gross receipts
$119,354,488
Employees
17
Year formed
2012
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JIM DURIANPRINCIPAL
Officer
40$182,341$5,470
JOE CARONBOARD MEMBER
Trustee or director
–$0$0
MATT DAVISBOARD MEMBER
Trustee or director
–$0$0
CARYN DRENTHBOARD MEMBER
Trustee or director
–$0$0
SARA JEFFERYBOARD MEMBER
Trustee or director
–$0$0
GEORGE JENKOTPAST CHAIR
Trustee or director, Officer
–$0$0
REBECCA JONESSECRETARY
Trustee or director, Officer
–$0$0
SCOTT KENNEDYBOARD MEMBER
Trustee or director
–$0$0
MIKE LOUNDSCHAIR
Trustee or director, Officer
–$0$0
BOB LYNGBOARD MEMBER
Trustee or director
–$0$0
DEREK PERRYBOARD MEMBER
Trustee or director
–$0$0
JACK REEDBOARD MEMBER
Trustee or director
–$0$0
JOHN RODOPOULOSBOARD MEMBER
Trustee or director
–$0$0
KELLI SCOTTTREASURER
Trustee or director, Officer
–$0$0
IAN STEWARTBOARD MEMBER
Trustee or director
–$0$0
1 more people on this return
NameTitleHours / weekCompensation
RYAN TRAVERVICE CHAIR
Trustee or director, Officer
–$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
JIM DURIANPRINCIPAL
Officer
40$162,025$5,011
JOE CARONBOARD MEMBER
Trustee or director
1$0$0
MATT DAVISPAST CHAIR
Trustee or director, Officer
1$0$0
CARYN DRENTHBOARD MEMBER
Trustee or director
1$0$0
SARA JEFFERYBOARD MEMBER
Trustee or director
1$0$0
GEORGE JENKOTCHAIR
Trustee or director, Officer
1$0$0
REBECCA JONESBOARD MEMBER
Trustee or director
1$0$0
RICHARD LINDSEYSECRETARY
Trustee or director, Officer
1$0$0
MIKE LOUNDSVICE CHAIR
Trustee or director, Officer
1$0$0
BOB LYNGBOARD MEMBER
Trustee or director
1$0$0
DEREK PERRYBOARD MEMBER
Trustee or director
1$0$0
JACK REEDBOARD MEMBER
Trustee or director
1$0$0
JOHN RODOPOULOSBOARD MEMBER
Trustee or director
1$0$0
KELLI SCOTTTREASURER
Trustee or director, Officer
1$0$0
IAN STEWARTBOARD MEMBER
Trustee or director
1$0$0
RYAN TRAVERBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 17 people
NameTitleHours / weekCompensation
DAVE BOSSERDBOARD MEMBER
Trustee or director
–$0
JOE CARONBOARD MEMBER
Trustee or director
–$0
MATT DAVISCHAIR
Trustee or director, Officer
–$0
HARMONY DAWSONBOARD MEMBER
Trustee or director
–$0
CARYN DRENTHBOARD MEMBER
Trustee or director
–$0
SARA JEFFERYBOARD MEMBER
Trustee or director
–$0
GEORGE JENKOTVICE CHAIR
Trustee or director, Officer
–$0
REBECCA JONESBOARD MEMBER
Trustee or director
–$0
RICHARD LINDSEYSECRETARY
Trustee or director, Officer
–$0
MIKE LOUNDSBOARD MEMBER
Trustee or director
–$0
DEREK PERRYBOARD MEMBER
Trustee or director
–$0
VERONICA RANKINBOARD MEMBER
Trustee or director
–$0
JACK REEDBOARD MEMBER
Trustee or director
–$0
KELLI SCOTTTREASURER
Trustee or director, Officer
–$0
IAN STEWARTBOARD MEMBER
Trustee or director
–$0
RYAN TRAVERBOARD MEMBER
Trustee or director
–$0
JIM DURIANPRINCIPAL
Officer
–$0

Address and contacts

Address (IRS master file)
323 W MICHIGAN AVE, MARSHALL, MI 49068-1547
Principal officer (990 for 2024)
JIM DURIAN, 323 W MICHIGAN AVE, MARSHALL, MI 49068
Signed the 990
JIM DURIAN, PRINCIPAL
Return prepared by
GABRIDGE & COMPANY PLC

Mission

ECONOMIC DEVELOPMENT, PROMOTION OF TOURISM, BUSINESS RETENTION, SMALL BUSINESS GROWTH AND DEVELOPMENT, AND VOLUNTEERISM

990 for the year ended June 30, 2025

Program accomplishments

  • TOURISM PROMOTIONS: THIS PROGRAM IS DESIGNED TO PROMOTE THE MARSHALL AREA TO ATTRACT VISITORS TO STAY, SHOP, DINE, AND ENJOY OUR HISTORIC COMMUNITY AND EVENTS.
    Expenses $349,181
  • ECONOMIC DEVELOPMENT: THIS PROGRAM IS FOR THE PROMOTION AND MARKETING OF THE MARSHALL AREA TO ATTRACT AND RETAIN INDUSTRIAL AND COMMERCIAL BUSINESSES.
    Expenses $106,891,015
  • SMALL BUSINESS SERVICES: THIS PROGRAM PROVIDES SUPPORT TO SMALL BUSINESSES.
    Expenses $180,173

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
46-1516144
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C99)
Assets (IRS master file)
$342,398,869
Income (IRS master file)
$119,354,488

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$119,254,589$107,493,348$342,398,869IRS
990June 2024$143,724,385$1,296,612$344,058,367IRS
990June 2023$151,641,399$3,177,790$203,118,967XML
990June 2022$1,562,359$1,471,032$870,752IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-1516144).

Questions about MARSHALL AREA ECONOMIC DEVELOPMENT ALLIANCE

What is the EIN of MARSHALL AREA ECONOMIC DEVELOPMENT ALLIANCE?
The employer identification number (EIN) of MARSHALL AREA ECONOMIC DEVELOPMENT ALLIANCE is 46-1516144.
Is MARSHALL AREA ECONOMIC DEVELOPMENT ALLIANCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to MARSHALL AREA ECONOMIC DEVELOPMENT ALLIANCE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MARSHALL AREA ECONOMIC DEVELOPMENT ALLIANCE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MARSHALL AREA ECONOMIC DEVELOPMENT ALLIANCE due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARSHALL AREA ECONOMIC DEVELOPMENT ALLIANCE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MARSHALL AREA ECONOMIC DEVELOPMENT ALLIANCE?
The 990 for the year ended June 30, 2025 names JIM DURIAN.
Who are the officers and directors of MARSHALL AREA ECONOMIC DEVELOPMENT ALLIANCE?
The 990 for the year ended June 30, 2025 lists 16 people; 1 received compensation from the organization, the highest $182,341 (JIM DURIAN, PRINCIPAL).
How much revenue does MARSHALL AREA ECONOMIC DEVELOPMENT ALLIANCE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $119,254,589, expenses of $107,493,348 and total assets of $342,398,869 at year end.

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