1. Directory
  2. Michigan
  3. Monroe
  4. Monroe County Business Development Corporation
EIN 38-2415486

Monroe County Business Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
7
City
Monroe
State
Michigan
Year formed
1982
Most recent tax filings
2023-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Monroe County Business Development Corporation is an urban development organization in Monroe, MI whose mission is: Growing Monroe County's economy by creating new and diversified job opportunities for its citizens.
Total revenues
$1,110,299
2023
Total expenses
$829,139
2023
Total assets
$1,627,775
2023
Num. employees
7
2023

Program areas at Monroe County Business Development Corporation

Assist existing businesses with growth and expansion within Monroe County and to work with our regional partnerships to attract new businesses to sites within the area.

Who funds Monroe County Business Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Ralph C Wilson Jr FoundationTo Support Small Businesses Through the Launch 734 Program.$50,000
Consumers Energy FoundationOperational Support Budget$2,500
The WM M and A Cafaro Family FoundationGeneral Purpose$500

Personnel at Monroe County Business Development Corporation

NameTitleCompensation
Tc ClementsChief Executive Officer$0
Luann HogbergVice President of Operations
Stephanie SteinmanDirector of Community Engagement
Greg ThomasTreasurer$0
Tim LakePast Vice President of Operations$0
...and 9 more key personnel

Financials for Monroe County Business Development Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$915,842
Program services$0
Investment income and dividends$50,426
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-5,201
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$149,232
Total revenues$1,110,299

Form 990s for Monroe County Business Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-14990View PDF
2022-122023-03-01990View PDF
2021-122022-03-09990View PDF
2020-122021-05-20990View PDF
2019-122020-12-07990View PDF
...and 9 more Form 990s

Organizations like Monroe County Business Development Corporation

OrganizationLocationRevenue
Target Alpena Development CorporationAlpena, MI$330,922
Boston Local Development CorporationBoston, MA$1,971,693
Northeast Mo Rural Development CorporationMemphis, MO$529,735
Destination Downtown South BostonSouth Boston, VA$340,717
Lancaster City AllianceLancaster, PA$1,694,952
SG Atkins Community DevelopmentWinston Salem, NC$812,357
Jefferson County Local Development CorporationWatertown, NY$1,769,039
Germantown United Community Development CorporationPhiladelphia, PA$612,479
Monterey Bay Economic PartnershipMarina, CA$1,642,440
Jackson County Economic Development FoundationPascagoula, MS$2,227,109
Data update history
July 21, 2024
Updated personnel
Identified 3 new personnel
July 11, 2024
Used new vendors
Identified 1 new vendor, including
December 29, 2023
Received grants
Identified 1 new grant, including a grant for $2,500 from Consumers Energy Foundation
December 24, 2023
Received grants
Identified 2 new grant, including a grant for $50,000 from Ralph C Wilson Jr Foundation
June 22, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
23 E Front St Suite 202
Monroe, MI 48161
Metro area
Monroe, MI
County
Monroe County, MI
Website URL
mcbusinessalliance.org/economic-development/ 
Phone
(734) 241-8081
IRS details
EIN
38-2415486
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1982
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
Free account sign-up

Want updates when Monroe County Business Development Corporation has new information, or want to find more organizations like Monroe County Business Development Corporation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy