Public Charity

PROSPERITY MICHIGAN INC

PROSPERITY MICHIGAN INC is a nonprofit organization categorized as Public Charity based in SAULT SAINTE MARIE, MI. Its most recent IRS filing (2024) reports revenue of $1.4M, expenses of $1.5M, total assets of $255K. Imperigo tracks 17 reported grant relationships connected to this organization totaling approximately $8.5M.

EIN: 843158975 SAULT SAINTE MARIE, MI Latest filing: 2024
Total Revenue$1.4M
Total Expenses$1.5M
Total Assets$255K
Grant Records17
Funding Total$8.5M
Filing Years2020–2024

Mission

PROSPERITY MICHIGAN IS THE NONPARTISAN VOICE ADVOCATING FOR ECONOMIC GROWTH AND OPPORTUNITY FOR ALL MICHIGANDERS, WE MAKE A PRO-OPPORTUNITY AGENDA FRONT AND CENTER WITH ELECTED OFFICIALS, CANDIDATES, AND VOTERS BY MOBILIZING CITIZENS AS A FORCE FOR A PROSPEROUS FUTURE.

Where $100 goes at Prosperity Michigan Inc

How Prosperity Michigan Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 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
Prosperity Michigan worked to raise the profile of pressing economic issues facing middle and working class michiganders such as issue overtime protections, tax fairness, minimum wage and paid…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

President Cheryl Hadsall
Executive Dir. Hugh Madden
Treasurer John Knappmann
Secretary Susan Solomon

Officer compensation and complete director data available with membership.

Top Grant Purposes

Civil Rights & Social Justice
$5,251,964 10 grants
General Support
$2,080,500 3 grants
Economic Development
$1,070,000 2 grants
Human & Social Services
$15,000 1 grant
Unspecified
$55,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.4M $1.5M $255K
2023 $1.4M $1.1M $414K
2022 $4.4M $4.6M $71K
2021 $791K $625K $189K
2020 $1.9M $1.9M $23K

Between 2020 and 2024, reported annual revenue declined from $1.9M to $1.4M (-28%), with total assets most recently reported at $255K.

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

See the full picture for PROSPERITY MICHIGAN INC

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