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MICHIGAN BIOSCIENCES INDUSTRY ASSOCIATION

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Public IRS 990 nonprofit record

MICHIGAN BIOSCIENCES INDUSTRY ASSOCIATION

EIN 38-3142021 · Professional Athletic Leagues (N80)

What they do

to DRIVE LIFE SCIENCES INDUSTRY GROWTH IN MICHIGAN BY PROVIDING ITS MEMBERS WITH NETWORKING & EDUCATIONAL OPPORTUNITIES, RECRUITEMENT, and INFORMATION SERVICES.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $0.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$113.48spent for every $100 of revenueSpending was higher than revenue this year.
63.24%of revenue went to management and office costs55.7% of expenses
$0.51in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $94,879 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $189,392 for STEPHEN RAPUNDALO PHD (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$703,979
Mission workProgram services0.00% of revenue0.0% of expenses
ManagementOffice and general costs$445,21263.24% of revenue55.7% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$798,858113.48% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 0.0% mission · 55.7% management · 0.0% fundraisingTotal expenses: 113.48% of revenue
2023Expense mix: 0.0% mission · 49.3% management · 0.0% fundraisingTotal expenses: 106.53% of revenue
2022Expense mix: 0.0% mission · 58.7% management · 0.0% fundraisingTotal expenses: 96.49% of revenue
2021Expense mix: 0.0% mission · 56.7% management · 0.0% fundraisingTotal expenses: 88.78% of revenue
2020Expense mix: 0.0% mission · 57.6% management · 0.0% fundraisingTotal expenses: 78.73% of revenue
2019Expense mix: 0.0% mission · 52.8% management · 0.0% fundraisingTotal expenses: 101.48% of revenue
2018Expense mix: 0.0% mission · 75.8% management · 0.0% fundraisingTotal expenses: 97.16% of revenue
2017Expense mix: 0.0% mission · 80.9% management · 0.0% fundraisingTotal expenses: 86.51% of revenue

Money in and money out

Revenue$703,979
Expenses$798,858
Annual shortfall $94,879 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Management and office costs$445,212 · 55.7% of expenses
See all reported dollar amounts
Revenue$703,979
Expenses$798,858
Assets$403,951
Income$703,979
Management and general$445,212
Accounting fees$2,900
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
STEPHEN RAPUNDALO PHDPRESIDENT · 40 hrs/week $189,392

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

STEPHEN RAPUNDALO PHDPRESIDENT

ASHLEA SOUFFROUDIRECTOR

CHARLES HASEMANN PHDDIRECTOR

CHRISTINA HAAKENSON PHDDIRECTOR

CHRISTY BIGELOWDIRECTOR

CHUCK BIRDDIRECTOR

DAVE MORINDIRECTOR

JOHN JH SCHWARZ MDDIRECTOR

KATE REMUSDIRECTOR

KEN MASSEY PHDCHARIMAN

KEVIN MCLEODVICE CHAIRMAN

LAURA MALAGONDIRECTOR

RHONDA DELUCADIRECTOR

ROSE GILLESBYDIRECTOR

UMA SHARMA PHDDIRECTOR

About this charity

Recognized since
January 1994
Location
3520 GREEN COURT SUITE 175, ANN ARBOR, MI 481051579
County
Washtenaw
In care of
STEPHEN RAPUNDALO
Primary officer
STEPHEN RAPUNDALO, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
UHY ADVISORS GREAT LAKES INC
NTEE classification
Professional Athletic Leagues (N80)
IRS tax category
Professional Athletic Leagues

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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