Michigan City Economic Development Corporation
Michigan City, Indiana
B+Health Score
72B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$681K
Total Revenue
📊
$602K
Total Expenses
🏦
$704K
Net Assets
📋
$27K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+38.7%
Year-over-year change (2021 → 2022)
Net Margin
+11.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.17
Net assets divided by total expenses
Liabilities-to-Assets
3.7%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2022 | $681,054↑39% | $601,623↑19% | $731,086↑11% | |
| 2021 | $490,972↑5% | $505,153↑30% | $658,772↑2% | — |
| 2020 | $466,701↑6% | $387,562↓10% | $642,755↑17% | — |
| 2019 | $441,990↑3% | $429,695↑4% | $550,799↓5% | — |
| 2018 | $430,377↑4% | $411,360↑8% | $579,632↑3% | — |
| 2017 | $412,224↑9% | $379,482↓3% | $560,704↑6% | — |
| 2016 | $377,863↓7% | $392,991↓1% | $528,498↓3% | — |
| 2015 | $408,178↓3% | $397,090↓6% | $545,465 | — |
| 2014 | $422,011↑2% | $421,893↓10% | $547,077↑27% | — |
| 2013 | $414,211↓1% | $468,199↑34% | $430,213↓12% | — |
| 2012 | $420,203↑13% | $349,747↓1% | $491,247↑17% | — |
| 2011 | $370,284 | $354,095 | $420,375 | — |
Frequently Asked Questions
What does Michigan City Economic Development Corporation do?▼
Michigan City Economic Development Corporation is a unclassified nonprofit organization based in Indiana. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Michigan City Economic Development Corporation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Michigan City Economic Development Corporation.
How much revenue does Michigan City Economic Development Corporation generate?▼
Michigan City Economic Development Corporation reports $861K in annual revenue and holds $1.0M in total assets, based on IRS filings.
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