Civic Intelligence

Detroit Regional Partnership

EIN 83-1370004 • 501(c)6 • Detroit, MI

Profile

To aggressively market, grow and support the 11-county southeast michigan region through regional economic development programming.

1001 Woodward Avenue 800Detroit, MI 48226

www.detroitregionalpartnership.com

Siviq Scores

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

Liabilities / Assets

18th percentile

0.01x

Higher debt load relative to assets than 18% of similar nonprofits.

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

Liabilities / Revenue

30th percentile

0.05x

Higher debt load relative to revenue than 30% of similar nonprofits.

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

Net Margin

100th percentile

96%

Higher net margin than 100% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

68th percentile

12%

Faster asset growth than 68% of similar nonprofits.

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

Revenue Growth

5th percentile

-27%

Faster revenue growth than 5% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$4,273,460

Up $456,205 (+12%) from 2023

Liabilities

Up

$22,000

Up $22,000 from 2023

Net Assets

Up

$4,251,460

Up $434,205 (+11%) from 2023

Operations
Liabilities / Revenue30th percentileNet Margin100th percentile

Revenue

Down

$453,205

Down $167,422 (-27%) from 2023

Expenses

Up

$19,000

Up $13,000 (+217%) from 2023

Net Income

Down

$434,205

Down $180,422 (-29%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth68th percentile

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

$6.0M$4.0M$2.0M$0Assets 2019: $1,478,743Liabilities 2019: $0Net Assets 2019: $1,478,7432019Assets 2020: $2,006,864Liabilities 2020: $0Net Assets 2020: $2,006,8642020Assets 2021: $2,400,131Liabilities 2021: $0Net Assets 2021: $2,400,1312021Assets 2022: $3,236,628Liabilities 2022: $34,000Net Assets 2022: $3,202,6282022Assets 2023: $3,817,255Liabilities 2023: $0Net Assets 2023: $3,817,2552023Assets 2024: $4,273,460Liabilities 2024: $22,000Net Assets 2024: $4,251,4602024

Highlighted filing

2024

Assets$4,273,460
Liabilities$22,000
Net Assets$4,251,460
Open 2024 Filing

Operations Trend

Revenue Growth5th percentile

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

$3.0M$2.0M$1.0M$0Revenue 2019: $2,978,746Expenses 2019: $1,500,003Net Income 2019: $1,478,7432019Revenue 2020: $649,458Expenses 2020: $121,337Net Income 2020: $528,1212020Revenue 2021: $438,267Expenses 2021: $20,000Net Income 2021: $418,2672021Revenue 2022: $836,497Expenses 2022: $34,000Net Income 2022: $802,4972022Revenue 2023: $620,627Expenses 2023: $6,000Net Income 2023: $614,6272023Revenue 2024: $453,205Expenses 2024: $19,000Net Income 2024: $434,2052024

Highlighted filing

2024

Revenue$453,205
Expenses$19,000
Net Income$434,205
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$4,273,460
Liabilities
$22,000
Net assets
$4,251,460
Revenue
$453,205
Expenses
$19,000
Net income
$434,205
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.27$0.02$4.25$0.45$0.02$0.43
2023Detailed filing. Detailed filing data is available for this year.$3.82$0.00$3.82$0.62$0.01$0.61
2022Detailed filing. Detailed filing data is available for this year.$3.24$0.03$3.20$0.84$0.03$0.80
2021Detailed filing. Detailed filing data is available for this year.$2.40$0.00$2.40$0.44$0.02$0.42
2020Detailed filing. Detailed filing data is available for this year.$2.01$0.00$2.01$0.65$0.12$0.53
2019Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.48$2.98$1.50$1.48
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$453,205
Mission and Program Overview

Mission

To aggressively market, grow and support the 11-county southeast michigan region.

The drp is an economic development organization. It seeks to market the 11-county southeast michigan region to both domestic and global investors with the goal of attracting new business, job opportunities and investment to southeast michigan.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,500,695$3,979,294▲ $478,599
Cash and Non-Interest-Bearing Accounts$261,560$256,666▼ $4,894
Pledges and Grants Receivable$55,000$35,000▼ $20,000
Prepaid Expenses and Deferred Charges$0$2,500▲ $2,500
Total Assets$3,817,255$4,273,460▲ $456,205
Liabilities
Other Liabilities$0$22,000▲ $22,000
Total Liabilities$0$22,000▲ $22,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,787,255$4,241,460▲ $454,205
Net Assets With Donor Restrictions$30,000$10,000▼ $20,000
Total Net Assets Fund Balance$3,817,255$4,251,460▲ $434,205
Total Liabilities and Net Assets / Fund Balance$3,817,255$4,273,460▲ $456,205
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Gerry AndersonChairman
Maureen KraussPresident & CEO
Chip McclureDirector
Darin MckeeverDirector
David CoulterDirector
David DauchDirector
Jerry NorciaDirector
La June Montgomery TabronDirector
Mark HackelDirector
Matt CullenDirector
Mike DugganDirector
Ridgway WhiteDirector
Rip RapsonDirector
Robert RineyDirector
Sandy BaruahDirector
Tina Freese-deckerDirector
Warren EvansDirector
Dave MassaronDirector (start 03/2024)
Donald RencherDirector (start 11/2024)
Michael LandDirector (start 11/2024)
Rachel StewartDirector (start 11/2024)
Kofi BonnerDirector (term 03/2024)
Ray ScottDirector (term 03/2024)
Ray TelangDirector (term 03/2024)
Terry RhadiganDirector (term 03/2024)
Chris IlitchDirector (term 06/2024)
Gary TorgowDirector (term 11/2024)
Kylee Mitchell WellsDirector (term 11/2024)
Tesia MamassianSecretary, VP Operations
Dave MeadorTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$405,000
Program Service Revenue
$0
Investment Income
$46,585
Other Revenue
$1,620
All Other Contributions
$405,000
Change in Net Assets
$434,205
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$19,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$16,500
Other Expenses---$2,500
Total Functional Expenses$0$0$0$19,000
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Detroit Regional Partnership Foundation$22,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The 990 will first be reviewed by the president & ceo and the members of our finance/audit committee. Once reviewed by the parties above, the 990 will be shared with the board.”

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

“Interested directors shall not vote upon any matter in which a conflict of interest exists but may be counted in determining a quorum for the meeting at which the matter is voted upon. When making decisions in which a conflict of interest exists pursuant to the corporation's conflict of interest policy, the board should obtain and rely on appropriate comparability data. The minutes of the meeting should reflect that the disclosure was made, that the interested director or committee member abstained from voting, whether his or her presence was counted in determining a quorum, and whether comparability data was considered and used as a basis for making the decision.”

Form 990, Part VI, Section C, Line 19

“All documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Detroit Regional Partnership
EIN
83-1370004
Phone
3135185600
Address
1001 WOODWARD AVENUE 800, DETROIT, MI 48226

Signing Officer

Name
Maureen Donohue Krauss
Title
President & CEO
Phone
3135185600
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maureen Donohue Krauss
Formed
2018
Legal Domicile
Mi
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
27

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
790 N WATER ST SUITE 2000, MILWAUKEE, WI 53202
Preparer
Shelby Netz
Phone
4147775500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“CONSULTANT FEES 16,500.”

Financial Statement Notes

PART X, LINE 2:

“The detroit regional partnership is a not-for-profit corporation and is exempt from tax under the provisions of internal revenue code section 501(c)(6). In addition, all related filings have been made timely and there are no uncertain tax positions as of december 31, 2024 and 2023.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt28SECRETARY, VP OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt29TREASURER
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