Public Charity

MICHAYWE OWNERS ASSOCIATION

MICHAYWE OWNERS ASSOCIATION is a nonprofit organization categorized as Public Charity based in GAYLORD, MI. Its most recent IRS filing (2025) reports revenue of $1.0M, expenses of $964K, total assets of $7.2M.

EIN: 237154156 GAYLORD, MI Homeowners & Tenants Associations NTEE: L50 Latest filing: 2025
Total Revenue$1.0M
Total Expenses$964K
Total Assets$7.2M
Grant Records0
Filing Years2021–2025

Mission

THE PROMOTION OF SOCIAL WELFARE AND RECREATION.

Where $100 goes at Michaywe Owners Association

How Michaywe Owners Association divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$50
The promotion of social welfare and recreation for over 1,700 members of the homeowner's association and the general public
50% of program spending · Reported in the filing: 1,700 members
$50
Unrelated business income & related expenses/see form 990t
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Dennis Warlick
SECRETARY Gary Hill
DIRECTOR Michelle Verduce
PRESIDENT Mike Hoeft
VICE PRESIDE Mike Turnbull
DIRECTOR Steve Larsen

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $1.0M $964K $7.2M
2024 $994K $999K $7.2M
2023 $1.0M $975K $7.3M
2022 $1.0M $1.0M $7.0M
2021 $1.1M $975K $7.1M

Between 2021 and 2025, reported annual revenue held roughly steady at around $1.0M, with total assets most recently reported at $7.2M.

Interactive year-over-year charts and full filing details available with membership.

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