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Nonprofiteer
← DETROIT REGIONAL CHAMBER

Form 990 for tax year 2024

Filed by DETROIT REGIONAL CHAMBER.

Totals

Total revenue
$11,952,629
Total expenses
$11,459,479
Contributions and grants received
$10,000
Grants paid
$2,500,000
Program service revenue
$11,137,821
Investment income
$780,772
Other revenue
$24,036
Total assets, end of year
$29,010,976
Total liabilities, end of year
$10,527,187
Net assets or fund balances, end of year
$18,483,789
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $10,000

  • 2a · Program service revenue: MACKINAC POLICY CONFERENCE

    total $7,467,915 · related or exempt $7,467,915

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $2,442,452 · related or exempt $2,442,452

  • 2c · Program service revenue: OTHER MEMBER EVENTS

    total $1,227,454 · related or exempt $1,227,454

  • 3 · Investment income

    total $780,772 · excluded $780,772

  • 11a · Other revenue: PROFESSIONAL SERVICES

    total $24,000 · related or exempt $24,000

  • 11b · Other revenue: MISCELLANEOUS REVENUE

    total $36 · related or exempt $36

  • 11e · Other revenue, total

    $24,036

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,500,000

  • 6 · Compensation of disqualified persons

    total $892,010

  • 7 · Other salaries and wages

    total $2,974,905

  • 8 · Pension plan contributions

    total $270,512

  • 9 · Other employee benefits

    total $417,128

  • 10 · Payroll taxes

    total $305,341

  • 11g · Fees: other

    total $988,313

  • 13 · Office expenses

    total $110,872

  • 16 · Occupancy

    total $560,443

  • 17 · Travel

    total $40,814

  • 19 · Conferences, conventions and meetings

    total $534,889

  • 22 · Depreciation, depletion and amortization

    total $473,717

  • 23 · Insurance

    total $68,694

  • 24a · Other expenses: LICENSING AND AGREEMENT

    total $170,057

  • 24b · Other expenses: BANK SERVICE CHARGES

    total $154,468

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $62,554

  • 24d · Other expenses: MEALS AND ENTERTAINMENT

    total $22,372

  • 24e · All other expenses

    total $912,390

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $10,911,008 · end of year $8,562,207

  • 2 · Savings and temporary cash investments

    beginning of year $1,145,855 · end of year $1,095,733

  • 4 · Accounts receivable

    beginning of year $451,799 · end of year $552,341

  • 9 · Prepaid expenses and deferred charges

    beginning of year $348,979 · end of year $285,019

  • 10a · Land, buildings and equipment: cost or other basis

    $6,723,886

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,693,952

  • 10c · Land, buildings and equipment, net

    beginning of year $5,554,759 · end of year $5,029,934

  • 11 · Investments: publicly traded securities

    beginning of year $11,871,957 · end of year $13,430,270

  • 12 · Investments: other securities

    beginning of year $55,472 · end of year $55,472

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,820,542 · end of year $4,074,624

  • 19 · Deferred revenue

    beginning of year $3,820,576 · end of year $3,654,825

  • 25 · Other liabilities

    beginning of year $2,904,740 · end of year $2,797,738

  • 27 · Net assets without donor restrictions

    beginning of year $16,761,220 · end of year $18,451,038

  • 28 · Net assets with donor restrictions

    beginning of year $32,751 · end of year $32,751

Mission and programs · 2024

Mission

THE CHAMBER IS THE VOICE FOR BUSINESS AND WORKS TO POWER THE ECONOMY FOR SOUTHEAST MICHIGAN THROUGH PUBLIC POLICY, ADVOCACY AND LEADING REGIONAL ECONOMIC DEVELOPMENT AND TALENT INITIATIVES.

Activities or mission (Part I)

THE DETROIT REGIONAL CHAMBER CARRIES OUT ITS MISSION TO POWER THE ECONOMY OF SOUTHEAST MICHIGAN THROUGH PUBLIC POLICY, ADVOCACY, ECONOMIC DEVELOPMENT, AND TALENT INITIATIVES. THE CHAMBER IMPROVES THE IMAGE AND QUALITY OF LIFE IN THE DETROIT REGION.

  • THE DETROIT REGIONAL CHAMBER IS ONE OF THE LARGEST METROPOLITAN CHAMBERS OF COMMERCE IN THE UNITED STATES. THE CHAMBER MEMBERSHIP CONSISTS OF COMPANIES OF ALL TYPES AND SIZES WITH BUSINESS LOCATIONS THROUGHOUT THE 11- COUNTY SOUTHEAST MICHIGAN REGION AND CONCENTRATED IN THE IMMEDIATE METROLITAN DETROIT AREA. SMALL AND MEDIUM-SIZED BUSINESSES JOIN THE CHAMBER TO TAKE ADVANTAGE OF ITS DIVERSE BENEFITS TO HELP THEIR BUSINESS GROW. THE REGION'S LARGE CORPORATIONS JOIN TO SHOW THEIR SUPPORT FOR THE CHAMBER'S MISSION.

  • THE DETROIT REGIONAL CHAMBER'S ANNUAL MACKINAC POLICY CONFERENCE IS A GATHERING OF OVER 1,700 OF THE STATE'S MOST INFLUENTIAL BUSINESS, POLITICAL, AND CIVIC LEADERS. ATTENDEES SPEND THREE DAYS DISCUSSING ISSUES IMPORTANT TO MICHIGAN'S ECONOMY AND HEARING FROM NATIONAL THOUGHT LEADERS.

As filed on the 2024 return.

Listed in Part VII

  • Sandy K Baruah

    PRESIDENT/ SECRETARY

    Total calculated
    $684,963
    From this org
    $165,188
    From related orgs
    $495,564
    Other
    $24,211
    Hours/week
    9 + 28.5 related

    Schedule J breakdown matched by us

    Base
    $110,013 + $330,039 related
    Bonus
    $52,175 + $156,525 related
    Other
    $3,000 + $9,000 related
    Deferred
    $2,588 + $7,763 related
    Nontaxable benefits
    $3,465 + $10,395 related
    Filer's total
    $171,241 + $513,722 related
  • Arn Tellum

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Matthew Elliott

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Daniel Ponder

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • J Michael Bernard

    GENERAL COUNSEL

    Total calculated
    $0
    Hours/week
    1
  • Karen Belans

    CHIEF FINANCIAL OFFICER

    Total calculated
    $398,054
    From this org
    $77,332
    From related orgs
    $309,328
    Other
    $11,394
    Hours/week
    8 + 29.5 related

    Schedule J breakdown matched by us

    Base
    $54,823 + $219,290 related
    Bonus
    $19,917 + $79,670 related
    Other
    $2,592 + $10,368 related
    Deferred
    $2,070 + $8,280 related
    Nontaxable benefits
    $209 + $835 related
    Filer's total
    $79,611 + $318,443 related
  • Megan Spanitz

    CHIEF STRATEGY OFFICER

    Total calculated
    $379,350
    From this org
    $99,229
    From related orgs
    $268,288
    Other
    $11,833
    Hours/week
    10 + 27.5 related

    Schedule J breakdown matched by us

    Base
    $69,239 + $187,202 related
    Bonus
    $25,791 + $69,733 related
    Other
    $4,199 + $11,353 related
    Deferred
    $2,795 + $7,556 related
    Nontaxable benefits
    $400 + $1,082 related
    Filer's total
    $102,424 + $276,926 related
  • Glenn Stevens

    VICE PRESIDENT, AUTOMOTIVE

    Total calculated
    $295,123
    From this org
    $0
    From related orgs
    $285,816
    Other
    $9,307
    Hours/week
    1 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $222,779 related
    Bonus
    $0 + $46,237 related
    Other
    $0 + $16,800 related
    Deferred
    $0 + $9,307 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $295,123 related
  • Bradley Williams

    VICE PRESIDENT, GOVERNMENT

    Total calculated
    $255,236
    From this org
    $136,840
    From related orgs
    $107,517
    Other
    $10,879
    Hours/week
    21 + 16.5 related

    Schedule J breakdown matched by us

    Base
    $113,458 + $89,146 related
    Bonus
    $13,974 + $10,979 related
    Other
    $9,408 + $7,392 related
    Deferred
    $3,799 + $2,985 related
    Nontaxable benefits
    $2,293 + $1,802 related
    Filer's total
    $142,932 + $112,304 related
  • Tammy Carnrike

    CHIEF OPERATING OFFICER

    Total calculated
    $459,198
    From this org
    $110,937
    From related orgs
    $332,810
    Other
    $15,451
    Hours/week
    9 + 28.5 related

    Schedule J breakdown matched by us

    Base
    $82,359 + $247,076 related
    Bonus
    $24,690 + $74,070 related
    Other
    $3,888 + $11,664 related
    Deferred
    $2,588 + $7,763 related
    Nontaxable benefits
    $1,275 + $3,825 related
    Filer's total
    $114,800 + $344,398 related
  • Gregory Handel

    VICE PRESIDENT, EDUCATION

    Total calculated
    $237,335
    From this org
    $0
    From related orgs
    $226,454
    Other
    $10,881
    Hours/week
    1 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $163,600 related
    Bonus
    $0 + $53,134 related
    Other
    $0 + $9,720 related
    Deferred
    $0 + $7,283 related
    Nontaxable benefits
    $0 + $3,598 related
    Filer's total
    $0 + $237,335 related
  • Wendy Nodge

    SENIOR DIRECTOR, SIGNATURE

    Total calculated
    $183,162
    From this org
    $171,967
    From related orgs
    $0
    Other
    $11,195
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $155,264
    Bonus
    $16,703
    Other
    $0
    Deferred
    $6,525
    Nontaxable benefits
    $4,670
    Filer's total
    $183,162
  • Jason Jurczyk

    SENIOR DIRECTOR, ACCOUNTIN

    Total calculated
    $197,322
    From this org
    $37,439
    From related orgs
    $149,757
    Other
    $10,126
    Hours/week
    8 + 29.5 related

    Schedule J breakdown matched by us

    Base
    $31,529 + $126,115 related
    Bonus
    $5,910 + $23,642 related
    Other
    $0
    Deferred
    $1,206 + $4,825 related
    Nontaxable benefits
    $819 + $3,276 related
    Filer's total
    $39,464 + $157,858 related
  • James P Connarn

    SENIOR DIRECTOR, MARKETING

    Total calculated
    $186,222
    From this org
    $90,368
    From related orgs
    $90,368
    Other
    $5,486
    Hours/week
    19 + 18.5 related

    Schedule J breakdown matched by us

    Base
    $74,718 + $74,718 related
    Bonus
    $15,650 + $15,650 related
    Other
    $0
    Deferred
    $2,419 + $2,419 related
    Nontaxable benefits
    $324 + $324 related
    Filer's total
    $93,111 + $93,111 related
  • Drake A Haynes

    DIRECTOR, INFORMATION TECH

    Total calculated
    $141,128
    From this org
    $39,813
    From related orgs
    $92,896
    Other
    $8,419
    Hours/week
    11 + 26.5 related

    Schedule J breakdown matched by us

    Base
    $36,307 + $84,716 related
    Bonus
    $3,506 + $8,180 related
    Other
    $0
    Deferred
    $1,297 + $3,026 related
    Nontaxable benefits
    $1,229 + $2,867 related
    Filer's total
    $42,339 + $98,789 related
  • Tracy R Vernier

    SENIOR DIRECTOR, ENGAGEMEN

    Total calculated
    $139,539
    From this org
    $78,274
    From related orgs
    $52,183
    Other
    $9,082
    Hours/week
    19 + 18.5 related

    Schedule J breakdown matched by us

    Base
    $71,134 + $47,423 related
    Bonus
    $7,140 + $4,760 related
    Other
    $0
    Deferred
    $2,647 + $1,765 related
    Nontaxable benefits
    $2,802 + $1,868 related
    Filer's total
    $83,723 + $55,816 related
  • Linda Apsey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dennis Archer Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Christopher Brochert

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Carolyn Cassin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lane Coleman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bud Denker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Anthony Frabotta

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Glantz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kouhaila Hammer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Trevor Lauer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lisa Lunsford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Florine Mark

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Stephen Polk

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Peter Quigley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Suzanne Shank

    FIRST VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Hussein Berry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • William Burgess

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brian Demkowicz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Diggins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Douglas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lena Epstein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Christine Estereicher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Carmen Fakhoury

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Fikany

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Foltyn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Matthew Godlewski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kenneth Kelly

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Justin Klimko

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ronia Kruse

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Carrie Leahy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Lewis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Patricia Mooradian

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brian O'Connell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Parent

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • James Proppe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Christine Rice

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Derron Sanders

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Errol Service

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Benjamin Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bruce Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dug Song

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Frank Torre

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Frank Venegas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Carla Walker-Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alan Young

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Priscilla Archangel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Bickers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gregory J Bockart Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ida Byrd-Hill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Matthew Cullen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Dauch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steve Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • William Emerson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Hajj Flemings

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tina Freese Decker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Daniel Garrison

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ronald Hall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Richard Hampson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rejji Hayes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kenneth Hayward

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Hollie Keikkinen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tanya Hill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brittany Lavis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ryan Maibach

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sonya Mays

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Megan Norris

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Linda Paullin-Hebden

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lauren Rakolta

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robert Riney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Danielle Russell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jay Sandhu

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Amy Solek

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kelvin Squires

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Christopher Thomas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Terence Thomas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jason Tinsley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Thomas Vincent

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kevin Voigt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kevin Williams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 4A
BRADLEY WILLIAMS AND TAMMY CARNRIKE RECEIVED SEVERANCE PAYMENTS FROM DRC AND RELATED ORGANIZATIONS IN THE AMOUNT OF $4,759 AND $250,520, RESPECTIVELY ON 6/30/25. THE AMOUNTS WILL BE REPORTED ON THE SCHEDULE J FOR THE FYE 6/30/26 IN ACCORDANCE WITH THE CALENDAR YEAR PAYROLL REPORTING.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • DETROIT REGIONAL CHAMBER FOUNDATION

    501(C)(3) · DETROIT REGIONAL CHAMBER FOUNDATION, INC SUPPORTS INITIATIVES TO CREATE JOBS · MI · controlled entity

  • MICHIGAN FUTURE INC

    501(C)(3) · MICHIGAN FUTURE, INC'S MISSION IS TO DEVELOP AND ADVANCE A PRACTICAL VISION · MI · controlled entity

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • DETROIT REGIONAL CHAMBER SERVICES INC

    C · AFFINITY SERVICES · MI · 100% owned

  • NATIONAL COMMERCE GROUP

    C · AFFINITY SERVICES · MI · 100% owned

Provenance

Return type
form_990
Tax year
2024
Filed
28 January 2026
IRS schema version
2024v5.5
Source object
202600299349301570

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