Flint And Genesee Chamber Foundation
- Assets
- $674.6k
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Flint, MI
- Founding
- 01/1976
- Data as of
- 12/2021
- EIN
- 23-7420247
Organization Overview
Flint And Genesee Chamber Foundation is located in Flint, MI. The organization was established in 1976. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Flint And Genesee Chamber Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Flint And Genesee Chamber Foundation generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 65.8% each year . All expenses for the organization totaled $5.5m during the year ending 12/2021. While expenses have increased by 59.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Flint And Genesee Chamber Foundation has awarded 990 individual grants totaling $12,321,479. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE GENESEE CHAMBER FOUNDATION'S PURPOSE IS TO RECEIVE AND ADMINISTER FUNDS FOR EDUCATIONAL, SCIENTIFIC AND CHARITABLE PURPOSES AND FOR PUBLIC WELFARE OF GENESEE COUNTY, MICHIGAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FLINT PROMISE: FLINT PROMISE IS A COMMITMENT TO THE CITY'S YOUTH AND AN INVESTMENT IN THEIR FUTURE.
SUMMER YOUTH INITIATIVE THE SUMMER YOUTH INITIATIVE FUNDED VARIOUS NON-PROFIT AGENCIES TO EMPLOY GENESEE COUNTY YOUTH, AGES 14-18. IN ADDITION TO THE EMPLOYMENT, THE YOUTH RECEIVED EMPLOYABILITY TRAINING AND LEADERSHIP DEVELOPMENT.
ECONOMIC DEVELOPMENT: TO PROMOTE AND DEVELOP ECONOMIC GROWTH IN THE CITY OF FLINT AND THROUGHOUT GENESEE COUNTY.
CTA, REGIONAL LEADERSHIP STUDY, FLINT PUBLICATION, AND FLINT PROMISE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leanne Panduren Chair | OfficerTrustee | 1 | $0 |
Joe Serra Secretary | OfficerTrustee | 1 | $0 |
Gary Hurand Past Chair | OfficerTrustee | 1 | $0 |
Tom Shade Treasurer | OfficerTrustee | 1 | $0 |
Jane Worthing Rlc Chair | OfficerTrustee | 1 | $0 |
Lenora Reyes VP Of Financ | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,341,275 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,341,275 |
| Total Program Service Revenue | $0 |
| Investment income | $161 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,341,436 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,537,122 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,515 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $331,846 |
| Advertising and promotion | $34,715 |
| Office expenses | $651 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,905 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $28,736 |
| Total functional expenses | $5,491,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $497,231 |
| Savings and temporary cash investments | $111,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $47,619 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $205 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,558 |
| Total assets | $674,613 |
| Accounts payable and accrued expenses | $30,837 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $26,911 |
| Total liabilities | $57,748 |
| Net assets without donor restrictions | $22,551 |
| Net assets with donor restrictions | $594,314 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $674,613 |
Grants Awarded
Over the last fiscal year, Flint And Genesee Chamber Foundation has awarded $4,537,122 in support to 304 organizations.
| Grant Recipient | Amount |
|---|---|
CAFE RHEMA PURPOSE: MSF SURVIVAL/MOVING | $25,000 |
PESTOS INC PURPOSE: MSF SURVIVAL/GIFT CA | $19,733 |
635 S SAGINAW LLC DBA THE CORK ON PURPOSE: MSF SURVIVAL/GIFT CA | $18,643 |
BIG ENTERPRISES DBA B'S BOWLING CEN PURPOSE: MSF SURVIVAL/GIFT CA | $17,750 |
FLINT CREPE COMPANY LLC PURPOSE: MSF SURVIVAL/GIFT CA | $17,436 |
FIRESIDE COFFEE COMPANY INC PURPOSE: MSF SURVIVAL/GIFT CA | $17,393 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Flint And Genesee Chamber Foundation has recieved totaling $624,083.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Greater Flint Flint, MI PURPOSE: Program and/or Operational Support | $373,323 |
Charles Stewart Mott Foundation Flint, MI PURPOSE: TO PROVIDE VOLUNTEER WORKERS WITH ON-SITE MEALS WHILE SUPPORTING LOCAL RESTAURANTS IN AN ECONOMICALLY DISTRESSED COMMUNITY. | $100,000 |
Ruth Mott Foundation Flint, MI PURPOSE: MINORITY-OWNED SMALL BUSINESS DIRECTORY | $95,000 |
Ruth Mott Foundation Flint, MI PURPOSE: FLINTSIDE: ON THE GROUND | $37,260 |
Consumers Energy Foundation Jackson, MI PURPOSE: 2021 CONTRIBUTION | $15,000 |
Serra Foundation Fenton, MI PURPOSE: GENERAL USE | $3,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Musical Society Ann Arbor, MI | $42,227,393 | $9,895,639 |
Flint And Genesee Chamber Foundation Flint, MI | $674,613 | $5,341,436 |
Sphinx Organization Inc Detroit, MI | $23,511,690 | $14,240,622 |
Detroit Jazz Festival Productions Inc Harper Woods, MI | $289,388 | $2,953,500 |
Detroit Jazz Festival Foundation Harper Woods, MI | $1,089,629 | $3,431,745 |
Irving S Gilmore International Keyboard Festival Kalamazoo, MI | $14,163,453 | $2,605,010 |
Percussive Arts Society Inc Indianapolis, IN | $5,047,679 | $2,367,696 |
Rainey Institute Cleveland, OH | $11,251,048 | $1,722,143 |
Musical Arts Assn Orch End Fd Brooklyn, OH | $16,962,824 | $1,881,945 |
St Cecilia Music Society Grand Rapids, MI | $7,058,689 | $2,105,798 |
Alive On The Lakeshore Muskegon, MI | $1,205,753 | $606,207 |
Great American Songbook Foundation Inc Carmel, IN | $8,944,393 | $1,441,715 |