Form 990 for tax year 2024
Filed by Building a Better Economy.
This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.
What the amendment changed
Compared with the latest return for 2024 , filed 1 December 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
Both are the same on the two returns, so the amendment changed something else.
Totals
- Total revenue
- $1,509,275
- Total expenses
- $1,653,839
- Contributions and grants received
- $1,509,275
- Grants paid
- $282,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $79,315
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $79,315
- Program services expenses (Part IX)
- $1,450,539
- Management and general expenses
- $164,197
- Fundraising expenses
- $39,103
- Program service expenses (Part III)
- $1,450,539
Program services were 87.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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
$1,509,275
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $282,000 · program services $282,000
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $66,953 · management and general $66,953
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $39,103 · fundraising $39,103
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $547,201 · program services $453,559 · management and general $93,642
-
12 · Advertising and promotion
total $623,135 · program services $623,135
-
13 · Office expenses
total $1,402 · management and general $1,402
-
14 · Information technology
total $106 · management and general $106
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $11,499 · program services $11,499
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $52,768 · program services $52,768
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Gifts
total $15,663 · program services $15,663
-
24b · Other expenses: Food & Beverages
total $7,446 · program services $7,446
-
24c · Other expenses: sponsorships
total $3,250 · program services $3,250
-
24d · Other expenses: Postage and Shipping
total $1,215 · management and general $1,215
-
24e · All other expenses
total $2,098 · program services $1,219 · management and general $879
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $223,849 · end of year $79,315
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $223,849 · end of year $79,315
Mission and programs · 2024
Mission
To operate exclusively for the promotion of civic action and social welfare by promoting the common good and general welfare of the residents of, and visitors to the State of Michigan; to support public policies on the federal, state, and local levels, that will bring about civic betterments and social improvements to Michigan residents; to support activities and programs that improve the quality and effectiveness of government for the State of Michigan; to promote, encourage and advocate citizen participation in political events, civic events and activities, and governmental events and associated activities; to promote charitable causes, including lessening the burdens of government in the State of Michigan; and to receive and administer funds to sponsor, conduct research, secure goods and services, or to hold events in conjunction with the promotion of these purposes.
Activities or mission (Part I)
Building A Better Economy is a Section 501(c)(4) non-profit Michigan corporation whose purpose is to support public policies on the federal, state, and local levels, that will bring about civic betterments and social improvements to Michigan residents.
-
ISSUE ADVOCACY RELATED TO MATTERS OF PUBLIC POLICY, MATTERS SIGNIFICANT TO THE STATE OF MICHIGAN, PUBLIC OFFICIALS, AND THOSE PROPOSING TO BE PUBLIC OFFICIALS
Expenses $660,523
-
POLLING AND PUBLIC POLICY RESEARCH AND ACTIVITIES
Expenses $442,951
-
Supported other social welfare and not-for-profit organizations through cash contributions
Expenses $282,000 · Grants $282,000
-
Engaged in public policy advocacy through attendence at conferences, meetings, and public events
Expenses $53,566
-
Lessened burdens on state government by defraying travel expenses for public officials including reimbursing staff for expenses related to travel
Expenses $11,499
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Russel RichterRUSSEL RICHTER
President
- Total calculated
- $0
- Hours/week
- 1
-
Paul CordesPAUL CORDES
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Jason Gillikin
Secretary/Treas
- Total calculated
- $0
- Hours/week
- 1
-
Renae Moore
Asst Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Allison ChoreyALLISON CHOREY
Asst Treasurer
- 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.
Grants on this return
-
MI REPUBLICAN STATE COMM ADM
$127,000
GENERAL SUPPORT
-
$80,000
GENERAL SUPPORT
-
PATRIOTS EDUCATION PROJECT
$75,000
GENERAL SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523169349302327
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