Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
990 • Fiscal year 2013 • EIN 45-3948512
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
22nd percentile
Higher top officer pay than 22% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
$9,265,033
No earlier filing loaded for comparison.
Net Assets
-$1,527,164
No earlier filing loaded for comparison.
Liabilities
$10,792,197
No earlier filing loaded for comparison.
Revenue
$114,613
No earlier filing loaded for comparison.
Expenses
$197,023
No earlier filing loaded for comparison.
Net Income
-$82,410
No earlier filing loaded for comparison.
Develop michigan, inc. Undertakes a broad range of economic and community development projects in michigan, financing real estate development and converting distressed inner city buildings and neighborhoods into successful mixed use commercial and housing developments. These projects generate jobs for michigan residents and tax revenues for municipalities and the state.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | - | $9,859,878 | - |
| Savings and Temporary Cash Investments | $2,163 | $35,908 | ▲ $33,745 |
| Prepaid Expenses and Deferred Charges | - | $34,563 | - |
| Accounts Receivable | $378,318 | $3,506 | ▼ $374,812 |
| Investments Program Related | - | $-762,015 | - |
| Total Assets | $380,481 | $9,265,033 | ▲ $8,884,552 |
| Other Assets Total | $0 | $93,193 | ▲ $93,193 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $500,000 | $10,606,354 | ▲ $10,106,354 |
| Other Liabilities | $0 | $96,787 | ▲ $96,787 |
| Accounts Payable and Accrued Expenses | $530,971 | $89,056 | ▼ $441,915 |
| Total Liabilities | $1,030,971 | $10,792,197 | ▲ $9,761,226 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $-650,490 | $-1,527,164 | ▼ $876,674 |
| Total Net Assets Fund Balance | $-650,490 | $-1,527,164 | ▼ $876,674 |
| Total Liabilities and Net Assets / Fund Balance | $380,481 | $9,265,033 | ▲ $8,884,552 |
| Name | Title |
|---|---|
| Rick Laber | President |
| Bob Joseph | Director |
| Dennis Roudi | Director |
| Eric Larson | Director |
| Jen Nelson | Director |
| Mark Mcdaniel | Director |
| Richard Landgraff | Director |
| Ted Rozeboom | Director |
| Tom Edmiston | Director |
| James Logue | CEO |
| Chris Cox | CFO |
| Line Item | Amount |
|---|---|
| Other Expenses | $197,023 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | $103,725 | - | - | $103,725 |
| Fees for Services Legal | $36,989 | - | - | $36,989 |
| Fees for Services Other | $26,006 | - | - | $26,006 |
| Travel | - | $13,674 | - | $13,674 |
| Fees for Services Management | - | $8,322 | - | $8,322 |
| Insurance | $4,102 | - | - | $4,102 |
| Advertising | $2,503 | - | - | $2,503 |
| Office Expenses | $1,702 | - | - | $1,702 |
| Total Functional Expenses | $175,027 | $21,996 | $0 | $197,023 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Accrued Interest on Notes Payable | $96,787 |
“In accordance with the management agreement between develop michigan, inc. And develop michigan management group, llc (dmmg), dmmg provides management services which include the following tasks: 1) all necessary and required compliance and reporting requirements 2) general support obligations necessary for day-to-day operations 3) manage all disbursements and organizational accounting, including preparation of, on a monthly basis, all bookkeeping and audit journal entries necessary for operations 4) manage all purchasing requirements and contracting for services 5) contract with consultants 6) social impact reporting”
“The current year's form 990 and related schedules are reviewed by the corporation's president prior to the return being finalized.”
“Corporation obtains signed conflict of interest statements from each member on an annual basis. Board members notify the remainder of the board on any potential conflicts of interest.”
“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”
“Contact information for board members that cannot be reached at corporation: ted rozeboom, 124 w. Allegan st., lansing, mi 48933 bob joseph, 2301 w. Big beaver rd., suite 525, troy, mi 48084 dennis roudi, 111 lyon st. Nw, grand rapids, mi 49503 eric larson, 1092 woodward ave., detroit, mi 48226 jen nelson, 300 n. Washington square, lansing, mi 48913 richard landgraff, 755 w. Big beaver rd., rj-40-24, troy, mi 48084”
“Consulting fees: program service expenses 26,006. Management and general expenses 0. Fundraising expenses 0. Total expenses 26,006.”
“Loss on investment in development michigan real estate fund lp -762,015.”
“Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the corporation and recognize a tax liability if the corporation has taken an uncertain position that more likely than not would not be sustained upon examination by the irs or other applicable taxing authorities. Management has analyzed the tax positions taken by the corporation and has concluded that as of december 31, 2013, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability or disclosure in the consolidated financial statements.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 530971 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 89056 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 378318 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 3506 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | DEVELOP MICHIGAN, INC. UNDERTAKES A BROAD RANGE OF ECONOMIC AND COMMUNITY DEVELOPMENT PROJECTS IN MICHIGAN, FINANCING REAL ESTATE DEVELOPMENT AND CONVERTING DISTRESSED INNER CITY BUILDINGS AND NEIGHBORHOODS INTO SUCCESSFUL MIXED USE COMMERCIAL AND HOUSING DEVELOPMENTS. THESE PROJECTS GENERATE JOBS FOR MICHIGAN RESIDENTS AND TAX REVENUES FOR MUNICIPALITIES AND THE STATE. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 2503 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 2503 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1 | 0 | RICK LABER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5173648920 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 1118 S WASHINGTON AVE |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | LANSING |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | MI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 48910 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 197023 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 114613 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -82410 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 197023 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 114613 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/Desc | 0 | TO PROVIDE DEBT FINANCING TO CREDITWORTHY PROJECTS AND TO PROVIDE FINANCIAL AND TECHNICAL CAPACITY TO BOTH FOR-PROFIT AND NONPROFIT DEVELOPMENT SPONSORS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 1 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 175027 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 36989 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 36989 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 8322 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 8322 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 26006 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 26006 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | TED ROZEBOOM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MARK MCDANIEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | TOM EDMISTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JEN NELSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | BOB JOSEPH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ERIC LARSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | DENNIS ROUDI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | RICHARD LANDGRAFF |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JAMES LOGUE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | RICK LABER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | CHRIS COX |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | CFO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2011 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 114613 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 4102 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 4102 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 103725 |
| IRS990/InterestGrp/TotalAmt | 0 | 103725 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | -762015 |
| IRS990/IRPDocumentCnt | 0 | 4 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | MI |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | DEVELOP MICHIGAN, INC. UNDERTAKES A BROAD RANGE OF ECONOMIC AND COMMUNITY DEVELOPMENT PROJECTS IN MICHIGAN, FINANCING REAL ESTATE DEVELOPMENT AND CONVERTING DISTRESSED INNER CITY BUILDINGS AND NEIGHBORHOODS INTO SUCCESSFUL MIXED USE COMMERCIAL AND HOUSING DEVELOPMENTS. THESE PROJECTS GENERATE JOBS FOR MICHIGAN RESIDENTS AND TAX REVENUES FOR MUNICIPALITIES AND THE STATE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -650490 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -1527164 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 1702 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1702 |
| IRS990/OfficerMailingAddressInd | 0 | 1 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 93193 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -762015 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 96787 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 9859878 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 34563 |
| IRS990/PrincipalOfficerNm | 0 | MR RICK LABER |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | -32249 |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 523000 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 523920 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INTEREST INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | MANAGEMENT FEE INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 93193 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 21420 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 93193 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 21420 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 650490 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -650490 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 650490 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 0 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -82410 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 1 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 114613 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 2163 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 35908 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 114613 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 114613 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 98193 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt | 0 | 16420 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 16420 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt | 0 | 16420 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 16420 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 114613 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 114613 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 114613 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 114613 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 96787 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ACCRUED INTEREST ON NOTES PAYABLE |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CORPORATION AND RECOGNIZE A TAX LIABILITY IF THE CORPORATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2013, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 96787 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | IN ACCORDANCE WITH THE MANAGEMENT AGREEMENT BETWEEN DEVELOP MICHIGAN, INC. AND DEVELOP MICHIGAN MANAGEMENT GROUP, LLC (DMMG), DMMG PROVIDES MANAGEMENT SERVICES WHICH INCLUDE THE FOLLOWING TASKS: 1) ALL NECESSARY AND REQUIRED COMPLIANCE AND REPORTING REQUIREMENTS 2) GENERAL SUPPORT OBLIGATIONS NECESSARY FOR DAY-TO-DAY OPERATIONS 3) MANAGE ALL DISBURSEMENTS AND ORGANIZATIONAL ACCOUNTING, INCLUDING PREPARATION OF, ON A MONTHLY BASIS, ALL BOOKKEEPING AND AUDIT JOURNAL ENTRIES NECESSARY FOR OPERATIONS 4) MANAGE ALL PURCHASING REQUIREMENTS AND CONTRACTING FOR SERVICES 5) CONTRACT WITH CONSULTANTS 6) SOCIAL IMPACT REPORTING |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE CURRENT YEAR'S FORM 990 AND RELATED SCHEDULES ARE REVIEWED BY THE CORPORATION'S PRESIDENT PRIOR TO THE RETURN BEING FINALIZED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CORPORATION OBTAINS SIGNED CONFLICT OF INTEREST STATEMENTS FROM EACH MEMBER ON AN ANNUAL BASIS. BOARD MEMBERS NOTIFY THE REMAINDER OF THE BOARD ON ANY POTENTIAL CONFLICTS OF INTEREST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | CONSULTING FEES: PROGRAM SERVICE EXPENSES 26,006. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,006. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | LOSS ON INVESTMENT IN DEVELOPMENT MICHIGAN REAL ESTATE FUND LP -762,015. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | CONTACT INFORMATION FOR BOARD MEMBERS THAT CANNOT BE REACHED AT CORPORATION: TED ROZEBOOM, 124 W. ALLEGAN ST., LANSING, MI 48933 BOB JOSEPH, 2301 W. BIG BEAVER RD., SUITE 525, TROY, MI 48084 DENNIS ROUDI, 111 LYON ST. NW, GRAND RAPIDS, MI 49503 ERIC LARSON, 1092 WOODWARD AVE., DETROIT, MI 48226 JEN NELSON, 300 N. WASHINGTON SQUARE, LANSING, MI 48913 RICHARD LANDGRAFF, 755 W. BIG BEAVER RD., RJ-40-24, TROY, MI 48084 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART XI, LINE 9: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI,LINE 9: |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1 | 0 | DEVELOP MICHIGAN INC |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1 | 0 | DEVMI GP LLC |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN | 0 | 320408250 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt | 0 | 50 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd | 0 | MI |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt | 0 | MANAGING MEMBER OF DEVELOP MICHIGAN REAL ESTATE FUND, LP |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt | 0 | 0 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1 | 0 | 1118 S WASHINGTON |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/City | 0 | LANSING |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/State | 0 | MI |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCode | 0 | 48910 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1 | 0 | DEVMI GP LLC |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN | 0 | 462732568 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd | 0 | 1 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd | 0 | MI |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct | 0 | 0.75000 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt | 0 | RELATED |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt | 0 | REAL ESTATE INVESTMENT FUND |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1 | 0 | DEVELOP MICHIGAN REAL ESTATE FUND LP |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt | 0 | 67609 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1 | 0 | 1118 S WASHINGTON |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/City | 0 | LANSING |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/State | 0 | MI |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCode | 0 | 48910 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MI |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 380481 |
| IRS990/TotalAssetsEOYAmt | 0 | 9265033 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 380481 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 9265033 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 21996 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 175027 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 197023 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1030971 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 10792197 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1030971 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 10792197 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -650490 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -1527164 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 175027 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 114613 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 114613 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 114613 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 380481 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 9265033 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TransactionWithControlEntInd | 0 | 0 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 13674 |
| IRS990/TravelGrp/TotalAmt | 0 | 13674 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | -650490 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | -1527164 |
| IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt | 0 | 500000 |
| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 10606354 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1 | 0 | 1118 SOUTH WASHINGTON AVENUE |
| IRS990/USAddress/City | 0 | LANSING |
| IRS990/USAddress/State | 0 | MI |
| IRS990/USAddress/ZIPCode | 0 | 48910 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 8 |
| IRS990/VotingMembersIndependentCnt | 0 | 8 |
| IRS990/WebsiteAddressTxt | 0 | WWW.DEVELOPMICHIGAN.NET |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MR RICK LABER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5173648951 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-07-01 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | DEVELOP MICHIGAN INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | DEVE |
| ReturnHeader/Filer/EIN | 0 | 453948512 |
| ReturnHeader/Filer/PhoneNum | 0 | 5173648951 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 1118 SOUTH WASHINGTON AVENUE |
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Displayed year
2013 • Form 990Detailed filing. Detailed filing data is available for this year.