73
Grand Rapids Area Chamber Of Commerce
Community Development · Grand Rapids, Michigan
250 Monroe Ave Nw Ste 150, Grand Rapids, MI 49503-2283
EIN: 380592500· Founded: Dec 1944· 82 years active· Filing Year: 2023
Annual Revenue
$5.0M
Total Expenses
$5.2M
Total Assets
$10.5M
Program Spending
75%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$789K
15.1% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$1.9M
Total Payroll
$2.7M
51% of total expenses
Where the Money Goes
75%
Programs: 75%
Payroll: 51%
Other overhead: 25%
Program Revenue$3.9M (79%)
Total Expenses$5.2M (100%)
Payroll$2.7M (51%)
Overhead (non-program)25%
Trust Score Breakdown
Program Spending Ratio
75% of expenses go to programs
Revenue & Stability
$5.0M annual revenue
Executive Compensation
$789K total officer comp (15.1% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$10.5M in assets
Similar Community Development Nonprofits in Michigan
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.