NonprofitsMichigan Capital Network Association

Community Improvement & Capacity Building

Michigan Capital Network Association

GRAND RAPIDS, MI

Total revenue

$297K

Total expenses

$226K

Net assets

$173K

Grants received

EIN

861255672

Tax year

2024

Mission

Establish a community of individuals and groups engaged in the trade and business of early-trade investing

Programs

2 programs

The second largest service program we have is woodward angels. It generated 22 members of the 98 total members in our organization. This program focuses on investors in the greater detroit area. Similar to the above, we host monthly meetings where we invite ceos from various companies and further our mission to educate, grow and diversify our membership. It also focuses on the same companies as grand angels.

Expenses: $47K

The third largest service program we have is bluewater angels. It generated 11 of 98 total members in our organization. This program focuses on investors in the greater kalamazoo area. Similar to the above, we host monthly meetings where we host 1-3 ceos from various companies. Since this is an additional group of our organization, it also allows our organization's mission and focuses on the same companies as grand angels and woodward angels.

Expenses: $23K

Financials

FY 2024

Revenue

Contributions & grants$289K
Program service revenue
Investment income$8K
Other revenue$488
Total revenue$297K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$226K
Total expenses$226K
Total assets$177K
Net assets$173K

People

5 listed

NameRoleCompensation

Meagan Malm

Board Director

Board

10 hrs/wk

Emily Gilbert

Board Member

Board

40 hrs/wk

Joerg Picard

Board Director

Board

1 hrs/wk

Lee Richards

Board Director

Board

1 hrs/wk

Paul D'Amato

CEO & Former Director

Staff

0.5 hrs/wk

Details

EIN861255672
NTEE codeS41
Subsection06
Ruling date2022-04
Formed2021
Employees0
MICHIGAN CAPITAL NETWORK ASSOCIATION — Mission, Financials & Grants Received | Grantivo