CSCharityScored
55

Michigan Economic Development Foundation

Community Development · Okemos, Michigan

2145 Commons Pkwy, Okemos, MI 48864-3987

EIN: 382527475· Founded: Sep 1984· 42 years active· Filing Year: 2023

Annual Revenue

$782K

Total Expenses

$1.1M

Total Assets

$977K

Program Spending

0%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$88K

8.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$88K

8% of total expenses

Where the Money Goes

0%
Programs: 0%
Payroll: 8%
Other overhead: 100%
0
Total Expenses$1.1M (100%)
Payroll$88K (8%)
Overhead (non-program)100%

Trust Score Breakdown

Program Spending Ratio

0% of expenses go to programs

40%

Revenue & Stability

$782K annual revenue

15%

Executive Compensation

$88K total officer comp (8.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$977K in assets

10%

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.