Michigan State Chamber Of Commerce

Organization Overview

Michigan State Chamber Of Commerce is located in Lansing, MI. The organization was established in 1961. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Michigan State Chamber Of Commerce employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan State Chamber Of Commerce is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 06/2021, Michigan State Chamber Of Commerce generated $6.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $6.1m during the year ending 06/2021. While expenses have increased by 5.1% per year over the past 6 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 2015, Michigan State Chamber Of Commerce has awarded 65 individual grants totaling $4,211,424. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE CONDITIONS FAVORABLE TO JOB CREATION AND BUSINESS SUCCESS IN MICHIGAN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SIGNIFICANT ACTIVITIES INCLUDE BUSINESS ADVOCACY, MEMBER SERVICES, AND EDUCATIONAL AND COMPLIANCE SERVICES. BUSINESS ADVOCACY INVOLVES THE SUPPORT OF PRO BUSINESS LEGISLATION THAT ENCOURAGES JOB CREATION AND ECONOMIC GROWTH IN MICHIGAN. MEMBER SERVICES INVOLVES COST SAVINGS PROGRAMS SUCH AS INSURANCE BENEFITS, DISCOUNTED CREDIT CARD PROCESSING AND UTILITY SAVINGS. EDUCATIONAL AND COMPLIANCE SERVICES INVOLVES OFFERING LABOR LAW PUBLICATIONS AND PROVIDING EDUCATIONAL SEMINARS ON BUSINESS RELATED TOPICS.


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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$969,234
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$969,234
Total Program Service Revenue$5,207,052
Investment income $29,091
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $98,000
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 $6,472,024

Grants Awarded

Over the last fiscal year, Michigan State Chamber Of Commerce has awarded $952,184 in support to 6 organizations.

Grant RecipientAmount

MICHIGAN CHAMBER PAC III

PURPOSE: GENERAL CONTRIBUTION TO SUPPORT THE ORGANIZATION'S MISSION.

$810,000

MICHIGAN MY MICHIGAN

Org PageRecipient Profile

Lansing, MI

PURPOSE: GENERAL CONTRIBUTION TO SUPPORT THE ORGANIZATION'S MISSION.

$50,000

MICHIGAN CHAMBER FOUNDATION

Org PageRecipient Profile

Lansing, MI

PURPOSE: GENERAL CONTRIBUTION TO SUPPORT THE ORGANIZATION'S MISSION.

$47,184

MICHIGAN REPUBLICAN PARTY

PURPOSE: GENERAL CONTRIBUTION TO SUPPORT THE ORGANIZATION'S MISSION.

$25,000

GRAND RAPIDS CHAMBER FOUNDATION

Org PageRecipient Profile

Grand Rapids, MI

PURPOSE: GENERAL CONTRIBUTION TO SUPPORT THE ORGANIZATION'S MISSION.

$10,000

PROTECTING MICHIGAN'S FUTURE FUND

Org PageRecipient Profile

Lansing, MI

PURPOSE: GENERAL CONTRIBUTION TO SUPPORT THE ORGANIZATION'S MISSION.

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Michigan State Chamber Of Commerce has recieved totaling $80,000.

Awarding OrganizationAmount
Michigan Energy First

Okemos, MI

PURPOSE: FURTHER TAX EXEMPT PURPOSE

$80,000
View Grant Recipient Profile

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