Midland Cogeneration Venture Limited Partnership Retiree Health
EIN: 383067492 · Midland, MI
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $422K |
| Net Assets | $4.8M |
Is Midland Cogeneration Venture Limited Partnership Retiree Health Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Midland Cogeneration Venture Limited Partnership Retiree Health
Midland Cogeneration Venture Limited Partnership Retiree Health (EIN: 383067492) is a nonprofit organization based in Midland, MI. The organization reported total revenue of $2.3M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Midland Cogeneration Venture Limited Partnership Retiree Health's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Midland Cogeneration Venture Limited Partnership Retiree Health is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $198K |
| Total Expenses | $422K |
| Surplus / Deficit | $-223,617 |
| Total Assets | $4.8M |
| Net Assets | $4.8M |
| Operating Margin | -112.9% |
| Months of Reserves | 136.4 months |
Financial Health Grade: B
In 2023, Midland Cogeneration Venture Limited Partnership Retiree Health reported a deficit of $224K with expenses exceeding revenue, holds 136.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Midland Cogeneration Venture Limited Partnership Retiree Health's revenue has declined at a compound annual growth rate (CAGR) of -5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.4% | +0.3% | +5.5% |
| 2022 | -66.5% | +12.3% | -16.6% |
| 2021 | +343.3% | +1.2% | +0.6% |
| 2020 | -67.4% | +16.7% | +2.8% |
| 2019 | -6.9% | +11.2% | +13.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Midland Cogeneration Venture Limited Partnership Retiree Health has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Midland Cogeneration Venture Limited Partnership Retiree Health with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $224K, with expenses exceeding revenue.
Frequently Asked Questions about Midland Cogeneration Venture Limited Partnership Retiree Health
Is Midland Cogeneration Venture Limited Partnership Retiree Health a legitimate charity?
Midland Cogeneration Venture Limited Partnership Retiree Health (EIN: 383067492) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $2.3M. No red flags identified. Financial health grade: B.
How does Midland Cogeneration Venture Limited Partnership Retiree Health spend its money?
Midland Cogeneration Venture Limited Partnership Retiree Health reported $2.3M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Midland Cogeneration Venture Limited Partnership Retiree Health tax-deductible?
Midland Cogeneration Venture Limited Partnership Retiree Health is registered as a tax-exempt nonprofit (EIN: 383067492). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Midland Cogeneration Venture Limited Partnership Retiree Health located?
Midland Cogeneration Venture Limited Partnership Retiree Health is headquartered in Midland, Michigan and files with the IRS under EIN 383067492.
How many years of IRS 990 filings does Midland Cogeneration Venture Limited Partnership Retiree Health have?
Midland Cogeneration Venture Limited Partnership Retiree Health has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.3M in total revenue.
Filing History
IRS 990 filing history for Midland Cogeneration Venture Limited Partnership Retiree Health showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Midland Cogeneration Venture Limited Partnership Retiree Health's revenue has declined by 51.8%, moving from $411K to $198K. Total assets increased by 34.8% over the same period, from $3.6M to $4.8M. Total functional expenses rose by 199%, from $141K to $422K. In its most recent filing year (2023), Midland Cogeneration Venture Limited Partnership Retiree Health reported a deficit of $224K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $198K | $422K | $4.8M | $0 | — | — |
| 2022 | $183K | $421K | $4.5M | $0 | — | View 990 |
| 2021 | $546K | $375K | $5.4M | $0 | — | View 990 |
| 2020 | $123K | $370K | $5.4M | $0 | — | — |
| 2019 | $378K | $317K | $5.3M | $0 | — | View 990 |
| 2018 | $407K | $285K | $4.6M | $0 | — | View 990 |
| 2017 | $408K | $232K | $5.2M | $0 | — | — |
| 2016 | $348K | $165K | $4.7M | $0 | — | View 990 |
| 2015 | $265K | $149K | $4.4M | $0 | — | View 990 |
| 2014 | $394K | $130K | $4.6M | $0 | — | View 990 |
| 2013 | $410K | $156K | $4.3M | $0 | — | View 990 |
| 2012 | $271K | $134K | $3.9M | $0 | — | View 990 |
| 2011 | $411K | $141K | $3.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $198K, expenses of $422K, and assets of $4.8M (revenue +8.4% year-over-year).
- 2022: Revenue of $183K, expenses of $421K, and assets of $4.5M (revenue -66.5% year-over-year).
- 2021: Revenue of $546K, expenses of $375K, and assets of $5.4M (revenue +343.3% year-over-year).
- 2020: Revenue of $123K, expenses of $370K, and assets of $5.4M (revenue -67.4% year-over-year).
- 2019: Revenue of $378K, expenses of $317K, and assets of $5.3M (revenue -6.9% year-over-year).
- 2018: Revenue of $407K, expenses of $285K, and assets of $4.6M (revenue -0.5% year-over-year).
- 2017: Revenue of $408K, expenses of $232K, and assets of $5.2M (revenue +17.5% year-over-year).
- 2016: Revenue of $348K, expenses of $165K, and assets of $4.7M (revenue +31.4% year-over-year).
- 2015: Revenue of $265K, expenses of $149K, and assets of $4.4M (revenue -32.9% year-over-year).
- 2014: Revenue of $394K, expenses of $130K, and assets of $4.6M (revenue -3.8% year-over-year).
- 2013: Revenue of $410K, expenses of $156K, and assets of $4.3M (revenue +51.0% year-over-year).
- 2012: Revenue of $271K, expenses of $134K, and assets of $3.9M (revenue -34.0% year-over-year).
- 2011: Revenue of $411K, expenses of $141K, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Midland Cogeneration Venture Limited Partnership Retiree Health:
Data Sources and Methodology
This transparency report for Midland Cogeneration Venture Limited Partnership Retiree Health is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.