Form 990 for tax year 2023
Filed by DETROIT BELLE ISLE GRAND PRIX INC.
Totals
- Total revenue
- $22,760,223
- Total expenses
- $22,853,950
- Contributions and grants received
- $13,484,946
- Grants paid
- $847,622
- Program services expenses (Part IX)
- $20,058,658
- Management and general expenses
- $2,795,292
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $20,058,658
Program services were 87.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
ERIC B LARSON
VICE PRESIDENT
- Total calculated
- $550,721
- From this org
- $0
- From related orgs
- $528,576
- Other
- $22,145
- Hours/week
- 1 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $370,596 related
- Bonus
- $0 + $150,000 related
- Other
- $0 + $7,980 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $22,145 related
- Filer's total
- $0 + $550,721 related
-
CLAUDE BUD DENKER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
CAMERON PIGGOTT
TREASURER/SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
ROGER PENSKE
CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
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 — 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
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
-
$447,622
GENERAL PROGRAM SUPPORT
-
$100,000
GENERAL PROGRAM SUPPORT
-
GENERAL PROGRAM SUPPORT
-
DETROIT PUBLIC SAFETY FOUNDATION
$100,000
GENERAL PROGRAM SUPPORT
-
$100,000
GENERAL PROGRAM SUPPORT
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.
-
DOWNTOWN DETROIT PARTNERSHIP INC
501(C)(3) · PROMOTE A CLEAN AND SAFE DOWNTOWN · MI
-
501(C)(4) · PROMOTE A CLEAN AND SAFE DOWNTOWN · MI · controlled entity
Directly controlled by DOWNTOWN DETROIT PARTNERSHIP INC
-
501(C)(3) · MAINTAIN AND PROGRAM CITY OF DETROIT OWNED PARKS · MI · controlled entity
Directly controlled by DOWNTOWN DETROIT PARTNERSHIP INC
-
501(C)(3) · PUBLIC BIKE SHARE SYSTEM · MI
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443209349325289
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