Form 990 for tax year 2025
Filed by GRAND RAPIDS AREA CHAMBER OF COMMERCE.
Totals
- Total revenue
- $5,867,233
- Total expenses
- $6,217,746
- Contributions and grants received
- $542,635
- Grants paid
- $0
- Program service revenue
- $4,389,795
- Investment income
- $49,423
- Other revenue
- $885,380
- Total assets, end of year
- $9,870,145
- Total liabilities, end of year
- $8,301,626
- Net assets or fund balances, end of year
- $1,568,519
- Program services expenses (Part IX)
- $4,727,055
- Management and general expenses
- $1,490,691
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 76.0% 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
$542,635
-
2a · Program service revenue: General Dues
total $2,107,894 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Programs and events
total $1,734,329 · unrelated business $0 · excluded $0
-
2c · Program service revenue: New member dues
total $547,572 · unrelated business $0 · excluded $0
-
3 · Investment income
total $49,423 · unrelated business $0 · excluded $49,423
-
5 · Royalties
total $27,099 · related or exempt $0 · unrelated business $0 · excluded $27,099
-
11a · Other revenue: Miscellaneous
total $801,567 · related or exempt $801,567 · unrelated business $0 · excluded $0
-
11b · Other revenue: Publication sales
total $56,714 · related or exempt $0 · unrelated business $56,714 · excluded $0
-
11e · Other revenue, total
$858,281
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $521,908 · program services $469,717 · management and general $52,191 · fundraising $0
-
6 · Compensation of disqualified persons
total $2,737,961 · program services $2,464,165 · management and general $273,796 · fundraising $0
-
9 · Other employee benefits
total $644,244 · program services $579,820 · management and general $64,424 · fundraising $0
-
10 · Payroll taxes
total $244,846 · program services $220,361 · management and general $24,485 · fundraising $0
-
12 · Advertising and promotion
total $51,806 · program services $6,625 · management and general $45,181 · fundraising $0
-
13 · Office expenses
total $13,854 · program services $4,429 · management and general $9,425 · fundraising $0
-
14 · Information technology
total $108,351 · program services $0 · management and general $108,351 · fundraising $0
-
16 · Occupancy
total $552,557 · program services $226,549 · management and general $326,008 · fundraising $0
-
19 · Conferences, conventions and meetings
total $451,339 · program services $451,339 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $327,170 · program services $0 · management and general $327,170 · fundraising $0
-
23 · Insurance
total $4,795 · program services $0 · management and general $4,795 · fundraising $0
-
24a · Other expenses: Program and events
total $248,265 · program services $248,265 · management and general $0 · fundraising $0
-
24b · Other expenses: Community support
total $45,064 · program services $22,564 · management and general $22,500 · fundraising $0
-
24c · Other expenses: Repair and maintenance
total $64,261 · program services $0 · management and general $64,261 · fundraising $0
-
24d · Other expenses: Bank fees
total $37,557 · program services $23,318 · management and general $14,239 · fundraising $0
-
24e · All other expenses
total $163,768 · program services $9,903 · management and general $153,865 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $295,818 · end of year $287,478
-
2 · Savings and temporary cash investments
beginning of year $1,527,169 · end of year $1,080,193
-
4 · Accounts receivable
beginning of year $484,148 · end of year $659,550
-
9 · Prepaid expenses and deferred charges
beginning of year $37,084 · end of year $44,641
-
10a · Land, buildings and equipment: cost or other basis
$2,997,882
-
10b · Land, buildings and equipment: accumulated depreciation
$1,493,480
-
10c · Land, buildings and equipment, net
beginning of year $1,776,830 · end of year $1,504,402
-
11 · Investments: publicly traded securities
beginning of year $1,117,742 · end of year $1,717,941
-
15 · Other assets
beginning of year $4,695,013 · end of year $4,575,940
-
17 · Accounts payable and accrued expenses
beginning of year $796,718 · end of year $604,034
-
19 · Deferred revenue
beginning of year $1,819,151 · end of year $2,127,123
-
25 · Other liabilities
beginning of year $5,647,499 · end of year $5,570,469
-
27 · Net assets without donor restrictions
beginning of year $1,670,436 · end of year $1,568,519
Mission and programs · 2025
Mission
See Schedule O
-
Public Policy and Government Affairs - Identify issues of concern and work with elected officials to promote policies and programs to stimulate the areas economic growth and create job opportunities. Our top priorities this year were housing and homelessness, public safety, roads and infrastructure, and paid sick leave/minimum wage adoption, and talent retention and attraction.
-
Member Services - Strengthen the Chambers membership and improve services to members with special emphasis on member recruitment, retention and activation through continued communication with members. Discount programs for members included office supplies, workers comp insurance, tuition discounts, fuel, and internet service. Publication of our bi-monthly e-newsletter highlights members and offers advertising opportunities. We welcomed 570 new members and retained 83% of our current members.
-
Programs and Events - Provide opportunities for business networking through a variety of member events. While we continue to provide quality meaningful events, we are focusing more on impactful outcomes for businesses through thoughtful connections, quality interactions, and consultations.
As filed on the 2025 return.
Listed in Part VII
-
Rick Baker
CEO
- Total calculated
- $383,610
- From this org
- $350,289
- From related orgs
- $0
- Other
- $33,321
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $279,066
- Bonus
- $71,223
- Other
- $0
- Deferred
- $17,563
- Nontaxable benefits
- $15,758
- Filer's total
- $383,610
-
Kate Wezeman
VP of Finance and Operations
- Total calculated
- $191,074
- From this org
- $171,619
- From related orgs
- $0
- Other
- $19,455
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $147,149
- Bonus
- $24,470
- Other
- $0
- Deferred
- $8,422
- Nontaxable benefits
- $11,033
- Filer's total
- $191,074
-
James Byl
President
- Total calculated
- $0
- Hours/week
- 1
-
Ana Ramirez-Saenz
Director
- Total calculated
- $0
- Hours/week
- 1
-
Brad Thomas
Director
- Total calculated
- $0
- Hours/week
- 1
-
Adrian Bonilla
Director
- Total calculated
- $0
- Hours/week
- 1
-
David Leonard
Director
- Total calculated
- $0
- Hours/week
- 1
-
Hannah Nalter
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer Crowley
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joe Hune
Director
- Total calculated
- $0
- Hours/week
- 1
-
John Van Fossen
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ken Misiewicz
Director
- Total calculated
- $0
- Hours/week
- 1
-
Krista Flynn
Director
- Total calculated
- $0
- Hours/week
- 1
-
Laura Hopson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Lauren Snyder
Director
- Total calculated
- $0
- Hours/week
- 1
-
Micheal Davenport
Director
- Total calculated
- $0
- Hours/week
- 1
-
Natalie Mitchell-Stewart
Director
- Total calculated
- $0
- Hours/week
- 1
-
Randy Thelen
Director
- Total calculated
- $0
- Hours/week
- 1
-
Robert Hughes
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ruban Ramos
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tracy Hornbeck
Director
- Total calculated
- $0
- Hours/week
- 1
-
Zach Verhurst
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
Itemized on Schedule J with no Part VII listing of the same name on this return:
-
Omar Cuevas
Schedule J breakdown
- Base
- $191,597
- Bonus
- $33,668
- Other
- $0
- Deferred
- $11,435
- Nontaxable benefits
- $10,860
- Filer's total
- $247,560
-
Yadira Garza
Schedule J breakdown
- Base
- $97,835
- Bonus
- $6,796
- Other
- $0
- Deferred
- $4,811
- Nontaxable benefits
- $8,405
- Filer's total
- $117,847
-
Amanda Hentsch
Schedule J breakdown
- Base
- $98,162
- Bonus
- $5,736
- Other
- $0
- Deferred
- $4,992
- Nontaxable benefits
- $8,553
- Filer's total
- $117,443
-
Andrew Johnston
Schedule J breakdown
- Base
- $143,930
- Bonus
- $15,393
- Other
- $0
- Deferred
- $7,212
- Nontaxable benefits
- $8,778
- Filer's total
- $175,313
-
Joshua Lunger
Schedule J breakdown
- Base
- $126,160
- Bonus
- $15,393
- Other
- $0
- Deferred
- $7,212
- Nontaxable benefits
- $8,778
- Filer's total
- $157,543
-
Jonathan Meyer
Schedule J breakdown
- Base
- $102,536
- Bonus
- $3,765
- Other
- $0
- Deferred
- $4,967
- Nontaxable benefits
- $8,993
- Filer's total
- $120,261
-
Rodney Savage
Schedule J breakdown
- Base
- $104,693
- Bonus
- $7,808
- Other
- $0
- Deferred
- $6,011
- Nontaxable benefits
- $18,943
- Filer's total
- $137,455
-
Jennifer Waugh
Schedule J breakdown
- Base
- $123,964
- Bonus
- $8,871
- Other
- $0
- Deferred
- $7,137
- Nontaxable benefits
- $21,217
- Filer's total
- $161,189
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
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
No itemized grants to organizations 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.
-
Greater Grand Rapids Chamber Foundation
501(c)3 · Program Funding · MI
-
501(c)3 · MI
-
501(c)6 · MI
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 19 May 2026
- IRS schema version
- 2025v4.1
- Source object
- 202601609349300900
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