Civic Intelligence

The Economic Alliance for Michigan

EIN 38-2420747 • 501(c)3 • Novi, MI

Profile

To improve the overall business and jobs climate in michigan

Refreshing map…

48650 Gardenbrook Ste 750Novi, MI 48375

www.eamonline.org

Siviq Scores

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

Liabilities / Assets

64th percentile

0.07x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.05x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

15th percentile

-21%

Higher net margin than 15% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

12th percentile

-24%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-19%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$506,310

Down $155,989 (-24%) from 2023

Liabilities

Down

$35,513

Down $45,928 (-56%) from 2023

Net Assets

Down

$470,797

Down $110,061 (-19%) from 2023

Revenue

Down

$649,785

Down $155,238 (-19%) from 2023

Expenses

Up

$787,404

Up $88 (+0.0%) from 2023

Net Income

Down

-$137,619

Down $155,326 (-877%) from 2023

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $724,993Liabilities 2010: $41,089Net Assets 2010: $683,9042010Assets 2011: $783,651Liabilities 2011: $30,739Net Assets 2011: $752,9122011Assets 2012: $650,795Liabilities 2012: $40,113Net Assets 2012: $610,6822012Assets 2013: $576,218Liabilities 2013: $31,265Net Assets 2013: $544,9532013Assets 2014: $549,297Liabilities 2014: $34,527Net Assets 2014: $514,7702014Assets 2015: $504,257Liabilities 2015: $25,674Net Assets 2015: $478,5832015Assets 2016: $444,523Liabilities 2016: $23,803Net Assets 2016: $420,7202016Assets 2017: $426,141Liabilities 2017: $33,118Net Assets 2017: $393,0232017Assets 2018: $447,992Liabilities 2018: $34,414Net Assets 2018: $413,5782018Assets 2019: $459,390Liabilities 2019: $58,242Net Assets 2019: $401,1482019Assets 2020: $530,814Liabilities 2020: $69,391Net Assets 2020: $461,4232020Assets 2021: $578,745Liabilities 2021: $70,365Net Assets 2021: $508,3802021Assets 2022: $581,522Liabilities 2022: $20,313Net Assets 2022: $561,2092022Assets 2023: $662,299Liabilities 2023: $81,441Net Assets 2023: $580,8582023Assets 2024: $506,310Liabilities 2024: $35,513Net Assets 2024: $470,7972024

Highlighted filing

2024

Assets$506,310
Liabilities$35,513
Net Assets$470,797

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $478,6562010Expenses 2011: $442,2612011Expenses 2012: $502,9812012Revenue 2013: $357,103Expenses 2013: $422,832Net Income 2013: -$65,7292013Revenue 2014: $450,453Expenses 2014: $480,636Net Income 2014: -$30,1832014Revenue 2015: $421,766Expenses 2015: $457,953Net Income 2015: -$36,1872015Revenue 2016: $431,156Expenses 2016: $489,019Net Income 2016: -$57,8632016Revenue 2017: $400,398Expenses 2017: $428,095Net Income 2017: -$27,6972017Revenue 2018: $445,493Expenses 2018: $424,938Net Income 2018: $20,5552018Revenue 2019: $449,962Expenses 2019: $455,187Net Income 2019: -$5,2252019Revenue 2020: $425,158Expenses 2020: $364,883Net Income 2020: $60,2752020Revenue 2021: $547,748Expenses 2021: $500,791Net Income 2021: $46,9572021Revenue 2022: $645,660Expenses 2022: $594,873Net Income 2022: $50,7872022Revenue 2023: $805,023Expenses 2023: $787,316Net Income 2023: $17,7072023Revenue 2024: $649,785Expenses 2024: $787,404Net Income 2024: -$137,6192024

Highlighted filing

2024

Revenue$649,785
Expenses$787,404
Net Income-$137,619

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.06$0.36$4.71$6.50$7.87$1.38
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.62$0.81$5.81$8.05$7.87$0.18
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.82$0.20$5.61$6.46$5.95$0.51
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.79$0.70$5.08$5.48$5.01$0.47
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.31$0.69$4.61$4.25$3.65$0.60
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.59$0.58$4.01$4.50$4.55$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.48$0.34$4.14$4.45$4.25$0.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.26$0.33$3.93$4.00$4.28$0.28
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.45$0.24$4.21$4.31$4.89$0.58
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.04$0.26$4.79$4.22$4.58$0.36
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.49$0.35$5.15$4.50$4.81$0.30
2013Detailed filing. Detailed filing data is available for this year.$5.76$0.31$5.45$3.57$4.23$0.66
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.51$0.40$6.11$5.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.84$0.31$7.53$4.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.25$0.41$6.84$4.79
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$645,660
Mission and Program Overview

Mission

To improve the overall business and jobs climate in michigan

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$301,885$502,099▲ $200,214
Cash and Non-Interest-Bearing Accounts$274,135$72,398▼ $201,737
Land, Buildings, and Equipment, Net$202$4,502▲ $4,300
Prepaid Expenses and Deferred Charges$2,523$2,523→ $0
Total Assets$578,745$581,522▲ $2,777
Liabilities
Unsecured Notes Loans Payable$49,300--
Accounts Payable and Accrued Expenses$21,065$20,313▼ $752
Total Liabilities$70,365$20,313▼ $50,052
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$508,380$561,209▲ $52,829
Total Net Assets Fund Balance$508,380$561,209▲ $52,829
Total Liabilities and Net Assets / Fund Balance$578,745$581,522▲ $2,777

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,502$67,579$72,081
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cindy EstradaCo-chair
Ron BieberCo-chair
Sharon MillerCo-chair
Sheila SavageauCo-chair
Brad ThompsonVice-chair
Daryl NewmanVice-chair
Doneen McdowellVice-chair
Greg NowakVice-chair
Patrick DevlinVice-chair
Ray CurryVice-chair
William Clay Ford JrVice-chair
Gary B KushnerVice-chair&t
Andrea AcevedoDirector
Chuck BrowningDirector
Daniel LoeppDirector
Debbie RittenourDirector
Frank StuglinDirector
Greg LopezDirector
James HarrisDirector
Joel ClarkDirector
Laura DickersonDirector
Michael BoltonDirector
Patrick DillonDirector
Ray ScottDirector
Steve DawesDirector
Terry DittesDirector
Scott BirdsallSecretary
Bret JacksonStaff Office
Revenue and Support

Revenue Composition

Contributions and Grants
$437,849
Program Service Revenue
$158,277
Investment Income
$234
Other Revenue
$49,300
Change in Net Assets
$50,787

Audited Revenue Reconciliation

Revenue per Audited Statements
$645,660
Total Revenue per Audited Statements
$645,660
Total Revenue per Form 990
$645,660
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$437,524
Other Expenses$157,349
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$393,772$43,752-$437,524
Conferences and Meetings$89,215--$89,215
Occupancy$21,300$1,121-$22,421
Fees for Services Other$12,519$659-$13,178
Insurance$4,453$495-$4,948
Other Expenses$2,825$314-$3,139
Depreciation Depletion$2,470$130-$2,600
Office Expenses$474$53-$527
Total Functional Expenses$547,455$47,418$0$594,873

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$594,873
Total Expenses per Audited Statements$594,873
Total Expenses per Form 990$594,873
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
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

As provided by state of michigan law, the members and the board of directors are identical. At the annual meeting, the membership first elects the board, and then the board elects the officers. These technically two, separate meetings are held concurrently.

Form 990, Page 6, Part VI, Line 11B

The president of the economic alliance is responsible for reviewing and approving the form 990 return for accuracy and disclosures. Once approved and filed, a copy of the form 990 is made available to the governing board upon request.

Form 990, Page 6, Part VI, Line 15A

When the co-chairs and the finance committee (all independent directors) annually review the budget for submission to the annual meeting, that includes review of any changes to the compensation of the president.

Form 990, Page 6, Part VI, Line 19

Governing documents are not currently made available to the public.

Filing and Contact Details

Filer

Filer Name
The Economic Alliance for Michigan
EIN
38-2420747
Phone
2485961006
Address
48650 GARDENBROOK STE 750, NOVI, MI 48375

Signing Officer

Name
Bret Jackson
Title
Staff Officer
Phone
2485961006
Signed
2023-11-14

Organization Details

Principal Officer
Bret Jackson
Voting Board Members
28
Independent Board Members
28
Employees
0

Preparer

Firm
Alan C Young & Associates Pc
Address
7310 WOODWARD AVE STE 740, DETROIT, MI 48202
Preparer
Anil Sakhuja
Phone
3138737500
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

OTHER CHANGES 2,042

Raw XML AppendixShowing 400 of 499 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt021065
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt020313
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO IMPROVE THE OVERALL BUSINESS AND JOBS CLIMATE IN MICHIGAN
IRS990/BooksInCareOfDetail/PersonNm0BRET JACKSON
IRS990/BooksInCareOfDetail/PhoneNum02485961006
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt048650 GARDENBROOK SUITE 750
IRS990/BooksInCareOfDetail/USAddress/CityNm0NOVI
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048375
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0274135
IRS990/CashNonInterestBearingGrp/EOYAmt072398
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt089215
IRS990/ConferencesMeetingsGrp/TotalAmt089215
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0437849
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0234
IRS990/CYOtherExpensesAmt0157349
IRS990/CYOtherRevenueAmt049300
IRS990/CYProgramServiceRevenueAmt0158277
IRS990/CYRevenuesLessExpensesAmt050787
IRS990/CYSalariesCompEmpBnftPaidAmt0437524
IRS990/CYTotalExpensesAmt0594873
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0645660
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0130
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02470
IRS990/DepreciationDepletionGrp/TotalAmt02600
IRS990/Desc0TO IMPROVE THE OVERALL BUSINESS AND JOBS CLIMATE IN THE STATE OF MICHIGAN BY ANALYZING ISSUSES THROUGH A NON- PARTISAN AND OBJECTIVE PROCESS AND DISSEMINATING THE CONCLUSIONS REACHED DURING THIS PROCESS TO KEY LEADERS FROM BUSINESS, LABOR, GOVERNMENT, AND OTHER SECTORS AFFECTED BY PARTICULAR ISSUES.
IRS990/DescribedInSection501c3Ind0true
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IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0547455
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0659
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt012519
IRS990/FeesForServicesOtherGrp/TotalAmt013178
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd24X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd25X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd26X
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
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IRS990/Form990PartVIISectionAGrp/OfficerInd13X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
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IRS990/Form990PartVIISectionAGrp/PersonNm2SCOTT BIRDSALL
IRS990/Form990PartVIISectionAGrp/PersonNm3MICHAEL BOLTON
IRS990/Form990PartVIISectionAGrp/PersonNm4CHUCK BROWNING
IRS990/Form990PartVIISectionAGrp/PersonNm5JOEL CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm6RAY CURRY
IRS990/Form990PartVIISectionAGrp/PersonNm7STEVE DAWES
IRS990/Form990PartVIISectionAGrp/PersonNm8PATRICK DEVLIN
IRS990/Form990PartVIISectionAGrp/PersonNm9LAURA DICKERSON
IRS990/Form990PartVIISectionAGrp/PersonNm10PATRICK DILLON
IRS990/Form990PartVIISectionAGrp/PersonNm11TERRY DITTES
IRS990/Form990PartVIISectionAGrp/PersonNm12CINDY ESTRADA
IRS990/Form990PartVIISectionAGrp/PersonNm13JAMES HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm14BRET JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm15WILLIAM CLAY FORD JR
IRS990/Form990PartVIISectionAGrp/PersonNm16GARY B KUSHNER
IRS990/Form990PartVIISectionAGrp/PersonNm17DANIEL LOEPP
IRS990/Form990PartVIISectionAGrp/PersonNm18GREG LOPEZ
IRS990/Form990PartVIISectionAGrp/PersonNm19DONEEN MCDOWELL
IRS990/Form990PartVIISectionAGrp/PersonNm20SHARON MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm21DARYL NEWMAN
IRS990/Form990PartVIISectionAGrp/PersonNm22GREG NOWAK
IRS990/Form990PartVIISectionAGrp/PersonNm23DEBBIE RITTENOUR
IRS990/Form990PartVIISectionAGrp/PersonNm24SHEILA SAVAGEAU
IRS990/Form990PartVIISectionAGrp/PersonNm25RAY SCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm26FRANK STUGLIN
IRS990/Form990PartVIISectionAGrp/PersonNm27BRAD THOMPSON
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
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