Michigan economic development organizations
There are 317economic development organizations in Michigan. Combined, these Michiganianeconomic development organizationsemploy 1,784 people, earn more than $361 million in revenue each year, and have assets of $784 million.
Types of economic development organizations in Michigan
Nonprofit type | Number | Revenues |
---|---|---|
317 | $360,950,039 | |
166 | $267,460,688 | |
47 | $63,541,174 |
Showing 3 of 3categories
Economic development organizations by major Michigan cities
Metro area | Nonprofits | Revenues |
---|---|---|
106 | $138,430,415 | |
23 | $39,969,144 | |
20 | $32,163,346 | |
12 | $19,270,948 | |
12 | $24,506,903 | |
11 | $4,536,307 | |
9 | $8,391,190 | |
9 | $26,516,389 | |
5 | $14,089,352 | |
5 | $2,682,891 |
Showing 10 of 15metros
Job trends for Michigan economic development organizations
Employees per organization | Number of organizations |
---|---|
0 | 68 |
1-10 | 62 |
11-25 | 24 |
26-100 | 18 |
101 to 1,000 | 2 |
1,000+ | 0 |
Key takeaways for employment stats:
- Employment in Michigan economic development organizations is driven by large organizations like Wenonah Park Properties, Ann Arbor Spark, Detroit Economic Growth Corporation, Michigan Baseball Foundation, and Eastside Community Network.
Sizes of economic development organizations in Michigan
Revenues per organization | Number of organizations |
---|---|
< $250k | 94 |
$250k to $1M | 58 |
$1M to $5M | 44 |
$5M to $25M | 18 |
$25M to $100M | 1 |
$100M+ | 0 |
Key takeaways for revenue stats:
- Large organizations like Invest Detroit, Ann Arbor Spark, Detroit Metro Convention and Visitors Bureau (DMCVB), The Right Place, and Renaissance Development Fund earn the majority of revenues among nonprofits in Michigan economic development organizations.
- Organizations with less than $1 million in revenue account for 11.3% of combined nonprofit revenues, whereas organizations in Michigan economic development organizations with more than $100 million account for 0.0% of nonprofit earnings.
Directory of economic development organizations in Michigan
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1-20 of 317
Ann Arbor Spark
Revenue
$20.8m
Assets
$16.5m
Employees
125
EIN
38-2436899
IRS type
501(c)(6)
Invest Detroit
Revenue
$37.5m
Assets
$114.8m
Employees
42
EIN
27-1927369
IRS type
501(c)(3)
Uptown Reinvestment Corporation
Revenue
$9.8m
Assets
$83.3m
Employees
0
EIN
38-3493359
IRS type
501(c)(3)
Northern Great Lakes Initiatives
Revenue
$5.0m
Assets
$33.5m
Employees
30
EIN
47-3130767
IRS type
501(c)(3)
Cinnaire Lending Corporation
Revenue
$8.0m
Assets
$55.6m
Employees
0
EIN
38-3666288
IRS type
501(c)(3)
Detroit Regional Chamber Foundation
Revenue
$7.7m
Assets
$2.4m
Employees
0
EIN
38-2352462
IRS type
501(c)(3)
TechTown
Revenue
$5.5m
Assets
$20.6m
Employees
46
EIN
41-2061387
IRS type
501(c)(3)
Midtown Detroit
Revenue
$5.9m
Assets
$7.9m
Employees
0
EIN
45-4582324
IRS type
501(c)(3)
Experience Grand Rapids
Revenue
$6.5m
Assets
$7.3m
Employees
60
EIN
38-0592805
IRS type
501(c)(6)
Destination Ann Arbor
Revenue
$3.1m
Assets
$3.1m
Employees
23
EIN
38-3088359
IRS type
501(c)(6)
Great Lakes Bay Regional Convention & Visitors Bureau
Revenue
$2.7m
Assets
$524.2k
Employees
17
EIN
27-3763312
IRS type
501(c)(6)
Middle Michigan Development Corporation
Revenue
$4.2m
Assets
$415.2k
Employees
6
EIN
38-2411774
IRS type
501(c)(6)
Detroit Metro Convention and Visitors Bureau (DMCVB)
Revenue
$19.8m
Assets
$33.6m
Employees
53
EIN
38-0478370
IRS type
501(c)(6)
Southwest Michigan First Corporation
Revenue
$13.0m
Assets
$7.2m
Employees
27
EIN
38-2853785
IRS type
501(c)(3)
Lansing Economic Area Partnership (LEAP)
Revenue
$8.8m
Assets
$2.3m
Employees
14
EIN
20-8132313
IRS type
501(c)(6)
Greater Lansing Convention & Visitors Bureau (GLCVB)
Revenue
$3.0m
Assets
$4.6m
Employees
52
EIN
38-1653601
IRS type
501(c)(6)
Traverse City Convention and Visitors Bureau
Revenue
$6.9m
Assets
$3.9m
Employees
22
EIN
38-2582585
IRS type
501(c)(6)
Petoskey Area Visitors Bureau
Revenue
$2.3m
Assets
$1.3m
Employees
3
EIN
38-2638790
IRS type
501(c)(6)
The Right Place
Revenue
$17.0m
Assets
$8.2m
Employees
36
EIN
38-3262801
IRS type
501(c)(6)
Discover Kalamazoo
Revenue
$1.1m
Assets
$1.2m
Employees
22
EIN
20-8202747
IRS type
501(c)(6)