Mission
ECONOMIC DEVELOPMENT, PROMOTION OF TOURISM, BUSINESS RETENTION, SMALL BUSINESS GROWTH AND DEVELOPMENT, AND VOLUNTEERISM
Public Charity
MARSHALL AREA ECONOMIC DEVELOPMENT
MARSHALL AREA ECONOMIC DEVELOPMENT is a nonprofit organization categorized as Public Charity based in MARSHALL, MI. Its most recent IRS filing (2025) reports revenue of $119.3M, expenses of $107.5M, total assets of $342.4M.
EIN: 461516144
MARSHALL, MI
Environment N.E.C.
NTEE: C99
Latest filing: 2025
Total Revenue$119.3M
Total Expenses$107.5M
Total Assets$342.4M
Grant Records0
Filing Years2021–2025
Where $100 goes at Marshall Area Economic Development
How Marshall Area Economic Development divides every $100 it spends, from its own Form 990 filings, averaged across 8 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
$100
Economic development
<$1
Tourism promotions
<$1
Small business services
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
BOARD MEMBER
Bob Lyng
BOARD MEMBER
Caryn Drenth
BOARD MEMBER
Derek Perry
PAST CHAIR
George Jenkot
BOARD MEMBER
Ian Stewart
BOARD MEMBER
Jack Reed
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $119.3M | $107.5M | $342.4M |
| 2024 | $143.7M | $1.3M | $344.1M |
| 2023 | $151.6M | $3.2M | $203.1M |
| 2022 | $1.6M | $1.5M | $871K |
| 2021 | $741K | $560K | $793K |
Between 2021 and 2025, reported annual revenue grew from $741K to $119.3M (+15983%), with total assets most recently reported at $342.4M.
Interactive year-over-year charts and full filing details available with membership.