Civic Intelligence

Lansing Regional Chamber of Commerce

EIN 38-0745180 • 501(c)6 • Lansing, MI

Profile

The mission of the chamber is to create a vibrant economic environment in the lansing region by supporting existing business, attracting new businesses and working with elected officials.

500 E Michigan Avenue 200Lansing, MI 48912

www.lansingchamber.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.66x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.53x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

21st percentile

-4.9%

Higher net margin than 21% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

64th percentile

$181,253

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

11th percentile

-14%

Faster asset growth than 11% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

54th percentile

6.9%

Faster revenue growth than 54% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,572,917

Down $254,989 (-14%) from 2023

Liabilities

Down

$1,043,502

Down $158,597 (-13%) from 2023

Net Assets

Down

$529,415

Down $96,392 (-15%) from 2023

Revenue

Up

$1,956,457

Up $125,794 (+6.9%) from 2023

Expenses

Up

$2,052,849

Up $155,980 (+8.2%) from 2023

Net Income

Down

-$96,392

Down $30,186 (-46%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.0M$0-$1.0MAssets 2010: $370,604Liabilities 2010: $594,855Net Assets 2010: -$224,2512010Assets 2011: $271,511Liabilities 2011: $458,207Net Assets 2011: -$186,6962011Assets 2012: $282,262Liabilities 2012: $455,190Net Assets 2012: -$172,9282012Assets 2013: $317,302Liabilities 2013: $457,385Net Assets 2013: -$140,0832013Assets 2014: $270,695Liabilities 2014: $487,857Net Assets 2014: -$217,1622014Assets 2015: $455,235Liabilities 2015: $538,654Net Assets 2015: -$83,4192015Assets 2016: $477,729Liabilities 2016: $492,521Net Assets 2016: -$14,7922016Assets 2017: $507,645Liabilities 2017: $474,986Net Assets 2017: $32,6592017Assets 2018: $667,396Liabilities 2018: $439,587Net Assets 2018: $227,8092018Assets 2019: $950,347Liabilities 2019: $557,412Net Assets 2019: $392,9352019Assets 2020: $938,731Liabilities 2020: $473,618Net Assets 2020: $465,1132020Assets 2021: $1,234,869Liabilities 2021: $600,316Net Assets 2021: $634,5532021Assets 2022: $1,866,842Liabilities 2022: $1,288,275Net Assets 2022: $578,5672022Assets 2023: $1,827,906Liabilities 2023: $1,202,099Net Assets 2023: $625,8072023Assets 2024: $1,572,917Liabilities 2024: $1,043,502Net Assets 2024: $529,4152024

Highlighted filing

2024

Assets$1,572,917
Liabilities$1,043,502
Net Assets$529,415

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,664,1522010Expenses 2011: $1,595,7662011Revenue 2012: $1,577,224Expenses 2012: $1,563,456Net Income 2012: $13,7682012Revenue 2013: $1,853,472Expenses 2013: $1,820,627Net Income 2013: $32,8452013Revenue 2014: $1,414,374Expenses 2014: $1,491,453Net Income 2014: -$77,0792014Revenue 2015: $1,767,801Expenses 2015: $1,634,058Net Income 2015: $133,7432015Revenue 2016: $1,860,865Expenses 2016: $1,792,238Net Income 2016: $68,6272016Revenue 2017: $1,735,800Expenses 2017: $1,693,257Net Income 2017: $42,5432017Revenue 2018: $1,850,881Expenses 2018: $1,655,731Net Income 2018: $195,1502018Revenue 2019: $1,948,858Expenses 2019: $1,783,732Net Income 2019: $165,1262019Revenue 2020: $1,705,646Expenses 2020: $1,633,468Net Income 2020: $72,1782020Revenue 2021: $1,828,574Expenses 2021: $1,653,534Net Income 2021: $175,0402021Revenue 2022: $1,656,985Expenses 2022: $1,712,971Net Income 2022: -$55,9862022Revenue 2023: $1,830,663Expenses 2023: $1,896,869Net Income 2023: -$66,2062023Revenue 2024: $1,956,457Expenses 2024: $2,052,849Net Income 2024: -$96,3922024

Highlighted filing

2024

Revenue$1,956,457
Expenses$2,052,849
Net Income-$96,392

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.57$1.04$0.53$1.96$2.05$0.10
2023Detailed filing. Detailed filing data is available for this year.$1.83$1.20$0.63$1.83$1.90$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.87$1.29$0.58$1.66$1.71$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.23$0.60$0.63$1.83$1.65$0.18
2020Detailed filing. Detailed filing data is available for this year.$0.94$0.47$0.47$1.71$1.63$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.95$0.56$0.39$1.95$1.78$0.17
2018Detailed filing. Detailed filing data is available for this year.$0.67$0.44$0.23$1.85$1.66$0.20
2017Detailed filing. Detailed filing data is available for this year.$0.51$0.47$0.03$1.74$1.69$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.48$0.49$0.01$1.86$1.79$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.46$0.54$0.08$1.77$1.63$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.27$0.49$0.22$1.41$1.49$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.32$0.46$0.14$1.85$1.82$0.03
2012Summary only. Only limited summary data is available for this year.$0.28$0.46$0.17$1.58$1.56$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.46$0.19$1.60
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.59$0.22$1.66
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 22, 2025
Return Version
2024v5.2
Gross Receipts
$1,956,457
Mission and Program Overview

Mission

The mission of the chamber is to create a vibrant economic environment in the lansing region by supporting existing business, attracting new businesses and working with elected officials.

To promote the civic, economic, & social welfare of the people in the city of lansing and vicinity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$702,847$794,030▲ $91,183
Cash and Non-Interest-Bearing Accounts$368,312$169,827▼ $198,485
Accounts Receivable$73,729$66,925▼ $6,804
Prepaid Expenses and Deferred Charges$28,513$37,019▲ $8,506
Land, Buildings, and Equipment, Net$28,461$18,453▼ $10,008
Total Assets$1,827,906$1,572,917▼ $254,989
Other Assets Total$626,044$486,663▼ $139,381
Liabilities
Other Liabilities$626,044$486,663▼ $139,381
Deferred Revenue$449,401$454,509▲ $5,108
Accounts Payable and Accrued Expenses$126,654$102,330▼ $24,324
Total Liabilities$1,202,099$1,043,502▼ $158,597
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$563,463$518,136▼ $45,327
Net Assets With Donor Restrictions$62,344$11,279▼ $51,065
Total Net Assets Fund Balance$625,807$529,415▼ $96,392
Total Liabilities and Net Assets / Fund Balance$1,827,906$1,572,917▼ $254,989

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$18,453$126,410$144,863
Other Assets Org$467,957--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tim DamanPresidentFT$168,798$12,455$181,253
Steve JapingaSenior VP Public AffiarsFT$105,000$3,646$108,646

Board Members and Trustees

NameTitle
LISA O'CONNORChair
Amy ScobyChair Elect
David LewisDirector
David ZybleDirector
Eric MusserDirector
Jeff MettsDirector
Jim FarrellDirector
Julie MannDirector
Kevin ZielkeDirector
Lisa Ellen SmithDirector
Lisa Webb SharpeDirector
Margaret DimondDirector
Mike ZamiaraDirector
Paul AndersonDirector
Rebecca DevooghtDirector
Robyn HowellDirector
Roger GraffDirector
Sara DolanDirector
Todd SurlineDirector
Tom RuisDirector
Troy ComiskeyDirector
Kelly PrestonDivision Director
Kirk RayDivision Director
Kwafo AdarkwaDivision Director
Michelle MasseyDivision Director
Mark BurzychLegal Counsel
Luke TerryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,809,651
Investment Income
$30,134
Other Revenue
$116,672
Change in Net Assets
$-96,392
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,237,085
Salaries, Compensation, and Employee Benefits$813,814
Grants and Similar Amounts Paid$1,950
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$568,550
Conferences and Meetings---$341,070
Fees for Services Other---$311,344
Office Expenses---$186,472
Current Officers, Directors, Trustees, and Key Employees---$181,253
Occupancy---$162,915
Fees for Services Accounting---$96,151
Payroll Taxes---$55,507
Fees for Services Lobbying---$52,969
Travel---$19,845
Depreciation Depletion---$10,008
Other Employee Benefits---$8,504
Insurance---$6,837
Other Expenses---$3,838
Grants to Domestic Orgs---$1,950
Total Functional Expenses$0$0$0$2,052,849
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$208,609
Current Year Nondeductible Lobbying and Political Cost$52,959
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long Term Debt$328,935
Current Portion Long-term Debt$139,022
Deferred Compensation Plan Liability$18,706
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Board members glenn granger and keith granger are cousins.

Form 990, Part VI, Section A, Line 6

All persons, firms, groups, associations, partnerships, limited liabilities and corporations who desire to preserve and promote the goals, objectives and purposes of the lansing regional chamber of commerce shall be eligible for active membership. Each active membership, shall be entitled to one vote on all matters coming before the membership. Any person who has provided outstanding service to the lansing region or who has a distinguished achievement or reputation may be elected an honorary life member by the board of directors. Honorary members shall not have a vote, shall not be entitled to notice as required by law for members and shall not be required to pay dues.

Form 990, Part VI, Section A, Line 7B

All persons, firms, groups, associations, partnerships, limited liabilities and corporations who desire to preserve and promote the goals, objectives and purposes of the lansing regional chamber of commerce shall be eligible for active membership. Each active membership, shall be entitled to one vote on all matters coming before the membership.

Form 990, Part VI, Section B, Line 11B

The 990 is received by the organization's president who reviews the return for accuracy. Upon the president's approval, the 990 is made available to the board of directors in electronic format. After any concerns presented by the board are addressed, the president signs and files the return.

Form 990, Part VI, Section B, Line 12C

Each board member signs a confidentiality agreement and code of conduct agreement annually at the february board meeting.

Form 990, Part VI, Section B, Line 15

The president's compensation is determined by policy & personnel committee and executive committee. The board of directors approves the final compensation package and the decision is documented and retained by the organization.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Lansing Regional Chamber of Commerce
EIN
38-0745180
Phone
5174876340
Address
500 E MICHIGAN AVENUE 200, LANSING, MI 48912

Signing Officer

Name
Tim Daman
Title
President
Phone
5174876340
Signed
2025-07-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Daman
Formed
1938
Legal Domicile
Mi
Voting Board Members
27
Independent Board Members
27
Employees
10
Volunteers
55

Preparer

Firm
Maner Costerisan Pc
Address
2425 E GRAND RIVER SUITE 1, LANSING, MI 48912-3291
Preparer
Brandy L Mikula CPA
Phone
5173237500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Commissions 148,643. Professional services/dues/subs 98,829. State of the region benchmark study 63,872.

Financial Statement Notes

PART X, LINE 2:

In the preparation of tax returns, tax positions are taken based on interpretation of federal, state and local income tax laws. Management periodically reviews and evaluates the status of uncertain tax positions and makes estimates of amounts, including interest and penalties, ultimately due or owed. No amounts have been identified, or recorded, as uncertain tax positions. Federal, state and local tax returns generally remain open for examination by the various taxing authorities for a period of three to four years.

Raw XML AppendixShowing 400 of 580 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm3LISA WEBB SHARPE
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SENIOR VP PUBLIC AFFIARS
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIVISION DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIVISION DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIVISION DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIVISION DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt26LEGAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt27CHAIR ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt28CHAIR
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IRS990/MissionDesc0THE MISSION OF THE CHAMBER IS TO CREATE A VIBRANT ECONOMIC ENVIRONMENT IN THE LANSING REGION BY SUPPORTING EXISTING BUSINESS, ATTRACTING NEW BUSINESSES AND WORKING WITH ELECTED OFFICIALS.
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