Michigan Saves Inc in Lansing, Michigan (MI)

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Michigan Saves Inc
Employer Identification Number (EIN)271388004
Name of OrganizationMichigan Saves Inc
Address600 W Saint Joseph St Ste 10, Lansing, MI 48933-2265
SubsectionCharitable Organization
Ruling Date10/2010
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$10,000,000 to $49,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$14,388,728
Amount of Income$10,003,715
Form 990 Revenue Amount$10,003,715
National Taxonomy of Exempt Entities (NTEE)Environmental Quality, Protection and Beautification: Energy Resources Conservation and Development

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Amount of income in 2011: $10,003,715 (it was $11,528,149 in 2010)
Michigan Saves Inc: 

Other organizations performing similar types of work: 


Assets in 2011: $14,388,728 (it was $10,901,675 in 2010)
This organization: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$10,003,715
Contributions, Gifts, Grants and Other Similar Amounts$9,953,406
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$17,481
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$32,828
Statement of Functional Expenses (for 2011)
Total functional expenses$8,061,830
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$14,388,728
Total liabilities$1,784,388
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$12,604,340
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$21,478,005
Gifts, grants, contributions, and membership fees received$21,432,045
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$45,960
Gross receipts from related activities, etc.$50,309
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5Michigan Saves Inc600 W Saint Joseph St Ste 10, Lansing, MI 48933-2265MI2010-10$10,003,715
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29Northport Energy Action Taskforce, Northport Energy7621 N Gills Pier Rd, Northport, MI 49670MI2012-02$0
30The Conscientious Cruiser12 Oak Street Suite 1, Ypsilanti, MI 48198MI2010-10$0
Number of organizations performing similar types of work
District of Columbia23
North Carolina13
New Hampshire2
New Jersey6
New Mexico9
New York32
Rhode Island3
South Carolina6
West Virginia1

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