Public Charity

Building a Better Economy

Building a Better Economy is a Public Charity headquartered in Lansing, MI. Financial data from the 2024 filing: $1.5M revenue, $1.7M expenses, $79K total assets. 16 publicly reported grants to this organization, totaling roughly $1.6M, appear in IRS filings.

EIN: 833939983 Lansing, MI Latest filing: 2024
Total Revenue$1.5M
Total Expenses$1.7M
Total Assets$79K
Grant Records16
Funding Total$1.6M
Filing Years2022–2024

Mission

To operate exclusively for the promotion of civic action and social welfare by promoting the common good and general welfare of the residents of, and visitors to the State of Michigan; to support public policies on the federal, state, and local levels, that will bring about civic betterments and social improvements to Michigan residents; to support activities and programs that improve the quality and effectiveness of government for the State of Michigan; to promote, encourage and advocate citizen participation in political events, civic events and activities, and governmental events and associated activities; to promote charitable causes, including lessening the burdens of government in the State of Michigan; and to receive and administer funds to sponsor, conduct research, secure goods and services, or to hold events in conjunction with the promotion of these purposes.

Where $100 goes at Building a Better Economy

How Building a Better Economy divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$88 Programs the work itself
$8 Management running the organization
$4 Fundraising raising the next dollar

Inside the $88 for programs

$40
Issue advocacy related to matters of public policy, matters significant to the state of michigan, public officials, and those proposing to be public officials
46% of program spending
$27
Polling and public policy research and activities
30% of program spending
$17
Supported other social welfare and not-for-profit organizations through cash contributions
19% of program spending

Plus 2 more programs. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Asst Treasurer Allison Chorey
Secretary/Treas Jason Gillikin
Vice President Paul Cordes
Asst Secretary Renae Moore
President Russel Richter

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,180,000 10 grants
Human & Social Services
$300,000 2 grants
Civil Rights & Social Justice
$90,000 2 grants
Education
$10,000 1 grant
Unspecified
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.5M $1.7M $79K
2023 $321K $159K $224K
2022 $1.5M $1.6M $62K

Between 2022 and 2024, reported annual revenue held roughly steady at around $1.5M, with total assets most recently reported at $79K.

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

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