Program areas at Michigan Economic Development Foundation
Investment missions to position Michigan as the premier location in north america for international companies in targeted industry sectors. These missions are conducted by key Economic Development officials to target select companies and events abroad, including seven missions that occured in 2023.
Collaboration with other local and private entities striving to ensure growth and provide an Economic boost and entertainment to local communities.
Events, receptions, & conferences to promote Economic Development in Michigan. In 2023 these events were attended by more than 10,000 participants, including business reps and national and international automotive suppliers.
Who funds Michigan Economic Development Foundation
Grants from foundations and other nonprofits
Personnel at Michigan Economic Development Foundation
| Name | Title | Compensation | Date of data |
|---|
| Ashley van Ek Ten Brink | Secretary and Executive Director | $93,250 | 2023-08-15 |
| Rebecca Bahar-Cook | Executive Director | | 2024-10-24 |
| Ashley van Ek | Past Executive Director | $88,000 | 2023-12-31 |
| Rick Lantz | Vice President | $0 | 2023-12-31 |
| Jeff Stoutenburg | President | $0 | 2023-12-31 |
| ...and 15 more key personnel |
Financials for Michigan Economic Development Foundation
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $773,000 | $929,750 | -16.9% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $3,742 | $769 | 386.6% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $5,425 | $4,474 | 21.3% |
| Total revenues | $782,167 | $934,993 | -16.3% |
Organizations like Michigan Economic Development Foundation
| Organization | Type | Location | Revenue |
|---|
| Broad Hollow Bioscience Park (BHBP) | 501(c)(3) | Farmingdale, NY | $2,178,523 |
| 247 Blac | 501(c)(3) | Waterloo, IA | $315,937 |
| Bastrop Economic Development Corporation | 501(c)(3) | Bastrop, TX | $3,582,827 |
| One Sumter Economic Development Foundation | 501(c)(3) | Americus, GA | $1,060,926 |
| Economic Development on Third | 501(c)(3) | San Francisco, CA | $984,767 |
| Wichita County Economic Development | 501(c)(3) | Leoti, KS | $285,113 |
| Wentworth Economic Development Corporation | 501(c)(3) | Wolfeboro, NH | $581,662 |
| Orange Economic Development Corporation | 501(c)(3) | Orange, TX | $3,267,974 |
| Grant County Economic Growth Council | 501(c)(3) | Marion, IN | $808,045 |
| Columbia Pacific Economic Development District | 501(c)(3) | St Helens, OR | $2,960,651 |
Data update history
December 5, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 27, 2024
Updated personnel
Identified 8 new personnel
September 23, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- 2145 Commons Pkwy
- Okemos, MI 48864
- Metro area
- Lansing-East Lansing, MI
- County
- Ingham County, MI
- Website URL
- medf.org/Â
- Phone
- (517) 374-9111
IRS details
- EIN
- 38-2527475
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1984
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S30: Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Independent
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