Public Charity

MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION

MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION, of OKEMOS, MI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $891K in revenue, $908K in expenses, $892K in total assets. 13 publicly reported grants to this organization, totaling roughly $625K, appear in IRS filings.

EIN: 382527475 OKEMOS, MI Boards of Trade NTEE: S46 Latest filing: 2025
Total Revenue$891K
Total Expenses$908K
Total Assets$892K
Grant Records13
Funding Total$625K
Filing Years2021–2025

Mission

TO LESSEN THE BURDEN OF THE GOVERNMENT OF THE STATE OF MICHIGAN, TO PROMOTE THE PUBLIC WELFARE, AND TO RELIEVE THE CONDITION OF HIGH UNEMPLOYMENT IN THE STATE OF MICHIGAN.

Where $100 goes at Michigan Economic Development Foundation

How Michigan Economic Development Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$79 Programs the work itself
$10 Management running the organization
$11 Fundraising raising the next dollar

Inside the $79 for programs

$62
Investment missions to position michigan as the premier location in north america for international companies in targeted industry sectors
78% of program spending
$9
Collaboration with other local and private entities striving to ensure growth and provide an economic boost and entertainment to local communities
11% of program spending
$8
Educational events, receptions, & conferences to promote economic development in michigan
11% of program spending · Reported in the filing: 10,000 participants
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Angela Ayers
BOARD MEMBER Brad Ward
BOARD MEMBER Cynthia Stump
BOARD MEMBER David Zyble
BOARD MEMBER Eleanor Reece
BOARD MEMBER Emily Mcgraw

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$375,000 12 grants
Health & Medicine
$250,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $891K $908K $892K
2024 $688K $758K $913K
2023 $782K $1.1M $977K
2022 $935K $757K $1.2M
2021 $613K $510K $1.1M

Between 2021 and 2025, reported annual revenue grew from $613K to $891K (+45%), with total assets most recently reported at $892K.

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

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