Michigan Baseball Foundation Inc.
Michigan Baseball Foundation Inc.
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About this organization
Mission
THE MICHIGAN BASEBALL FOUNDATION WILL CREATE REGIONAL ECONOMIC DEVELOPMENT AND SUPPORT YOUTH ORGANIZATIONS THROUGH CREATIVE PARTNERSHIPS AND GRANTS BY OPERATING THE FINEST MINOR LEAGUE BASEBALL FACILITY AND EVENTS CENTER IN THE NATION.
About
TO LESSEN THE BURDENS UPON THE VARIOUS LOCAL GOVERNMENTS IN THE COUNTIES OF MIDLAND, BAY AND SAGINAW IN SUCH GOVERNMENTS' EFFORTS TO REVITALIZE AND REINVIGORATE ECONOMIC AND EMPLOYMENT OPPORTUNITIES IN THIS KEY AREA BY GREATLY DECREASING THE COST TO THE COUNTIES OF PROCURING AND SUSTAINING A PROFESSIONAL MINOR LEAGUE BASEBALL TEAM AND BUILDING AND OPERATING A STADIUM FOR THE TEAM; TO PROMOTE THE DEVELOPMENT OF THE SOUTHEAST PORTION OF THE CITY OF MIDLAND BY LOCATING THE STADIUM IN THAT AREA; TO SUPPORT AND COMPLEMENT EXISTING AND PROPOSED INFRASTRUCTURE IMPROVEMENTS ON WHICH THE CITY OF MIDLAND AND THE COUNTY OF MIDLAND ARE PLANNING AND/OR CURRENTLY WORKING; TO FURTHER PROMOTE AMATEUR BASEBALL IN PARTICULAR AND AMATEUR SPORTS IN GENERAL IN THE COUNTIES BY USING ANY EXCESS OF OPERATING REVENUES OVER EXPENSES TO PROVIDE ADDITIONAL FUNDING FOR EXISTING SPORTS PROGRAMS AND/OR TO INSTITUTE NEW SPORTS PROGRAMS IN LOCAL SCHOOLS AND/OR ON AN EXTRACURRICULAR BASIS; AND TO EXPAND EMPLOYMENT OPPORTUNITIES AND INCREASE THE GENERAL LEVEL OF PERSONAL INCOME IN THE COUNTIES; AND, IN GENERAL, TO PROMOTE THE COMMON GOOD AND GENERAL WELFARE OF THE COUNTIES AND THEIR PEOPLE.
Interesting data from their 2019 990 filing
The non-profit's mission is outlined in the filing as being “The michigan baseball foundation will create regional economic development and support youth organizations through creative partnerships and grants by operating the finest minor league baseball facility and events center in the nation.”.
When outlining its responsibilities, they were referred to as: “The michigan baseball foundation will create regional economic development and support youth organizations through creative partnerships and grants by operating the finest minor league baseball facility and events center in the nation.”.
- The state in which the non-profit operates has been officially reported as MI.
- The filing reveals the non-profit's address in 2019 to be 825 E MAIN STREET, MIDLAND, MI, 48640.
- As per the non-profit's form for 2019, they have 77 employees on their payroll.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$1,752,507.
- The CEO salary policy within the organization is subject to review and endorsement by an impartial party.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 10 independent voting members.
- The organization was formed in 2006.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization pays $682,545 in salary, compensation, and benefits to its employees.
- The organization pays $14,057 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has fundraising events.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.
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