Drm Supporting Corp
- Assets
- $2.2m
- Revenue
- $265.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Lansing, MI
- Founding
- Data as of
- 09/2022
- EIN
- 85-2383329
Organization Overview
Drm Supporting Corp is located in Lansing, MI. According to its NTEE Classification (R23) the organization is classified as: Disabled Persons Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Drm Supporting Corp 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 09/2022, Drm Supporting Corp generated $265.1k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $140.5k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO HOLD REAL ESTATE FOR AND PROVIDE SUPPORT TO DISABILITY RIGHTS MICHIGAN, A 501(C)(3) ORG.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DRM SUPPORTING CORP OWNS REAL ESTATE AND RENTS IT TO ITS PARENT COMPANY, DISABILITY RIGHTS MICHIGAN, A 501(C)(3) ORGANIZATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Palmer Secretary | OfficerTrustee | 0.5 | $0 |
Mark Stephenson Treasurer | OfficerTrustee | 0.5 | $0 |
Jane Shank Vice President | OfficerTrustee | 0.5 | $0 |
John Mcculloch President | OfficerTrustee | 0.5 | $0 |
Michelle Roberts Executive Officer | Officer | 0.5 | $0 |
Michele Brand Director Finance/hr/it | Officer | 0.5 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $265,063 |
| Investment income | $0 |
| 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 | $265,063 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $71,709 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,271 |
| Insurance | $218 |
| All other expenses | $21,276 |
| Total functional expenses | $140,474 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $290,915 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,900,616 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,191,531 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,460,384 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $325,508 |
| Total liabilities | $1,785,892 |
| Net assets without donor restrictions | $405,639 |
| Net assets with donor restrictions | $0 |
| 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 | $2,191,531 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Disability Rights Wisconsin Inc Madison, WI | $1,219,268 | $6,448,228 |
Ohio Disability Rights Law And Policy Center Inc Columbus, OH | $3,413,398 | $5,144,734 |
Michigan Disability Rights Coalition East Lansing, MI | $1,750,004 | $3,586,118 |
Disability Network Flint, MI | $614,947 | $2,098,029 |
Self-Advocates Becoming Empowered Maineville, OH | $286,705 | $533,429 |
Association For The Rights Of Citizens With Handicaps Inc Waukesha, WI | $412,486 | $194,003 |
Ohio Adult Facilities Inc West Jefferson, OH | $139,852 | $226,497 |
Drm Supporting Corp Lansing, MI | $2,191,531 | $265,063 |
Services For The Visually And Hearing Impaired Marion, IN | $146,531 | $0 |
Nifty Thrifty Variety Shop Cleveland, OH | $73,333 | $0 |
Arc Advocacy & Resource Center Holland, MI | $56,620 | $0 |
Arc Of Shelby County Inc Shelbyville, IN | $163,425 | $0 |