Japan Business Society Of Detroit

Organization Overview

Japan Business Society Of Detroit is located in Novi, MI. The organization was established in 1994. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Japan Business Society Of Detroit employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Japan Business Society Of Detroit 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 12/2021, Japan Business Society Of Detroit generated $530.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $460.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE GOODWILL, TRADE AND COMMERCE BETWEEN ORGANIZATIONS AND INDIVIDUALS OF JAPAN AND THE US.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOLDING AN ANNUAL MEETING FOR ALL MEMBERS TO NETWORK AND INTERACT.


HOLDING GENERAL BUSINESS MEETINGS AND CULTURAL EVENTS FOR MEMBERS TO GUIDE THE ORGANIZATION'S ACTIVITIES AND TO PROMOTE AN INTERCHANGE AMONG MEMBERS.


SPONSORING SPORTS AND OTHER ACTIVITIES SO THE MEMBERS AND MEMBERS' FAMILIES HAVE OPPORTUNITIES TO MEET AND NETWORK WITH OTHER MEMBERS.


SUPPORT OF EDUCATIONAL ACTIVITIES OF DETROIT RINGO KAI WITH ANNUAL CONTRIBUTION.


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Board, Officers & Key Employees

Name (title)Compensation
Ueda Shosaku
Secretary
$118,000
Maeda Seiji
President
$0
Omitsu Takashi
Executive Advisors
$0
Shindo Yusuke
Honorary President
$0
Doi Junji
Vice President
$0
Fujii Hideaki To 32022
Board Member
$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$507,945
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$507,945
Total Program Service Revenue$14,644
Investment income $0
Tax Exempt Bond Proceeds $7,696
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 $530,452

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