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EIN 23-7442555

The Economic Club of Grand Rapids

IRS 501(c) type
501(c)(6)
Num. employees
6
City
Grand Rapids
State
Michigan
Year formed
1975
Most recent tax filings
2023-06-01
NTEE code, primary
S41: Promotion of Business
Description
The Economic Club of Grand Rapids seeks to promote an interest in and educate members on governmental, economic, and social issues. The club encourages students to study economics by sponsoring an annual dinner honoring scholarship recipients for excellence in writing essays on economic issues. An expert speaker presents at the annual dinner meeting with the objective of promoting greater understanding among members of economic issues. The club is located in Grand Rapids, MI.
Also known as...
Grand Rapids Economic Club
Total revenues
$2,191,293
2023
Total expenses
$2,161,030
2023
Total assets
$746,572
2023
Num. employees
6
2023

Program areas at The Economic Club of Grand Rapids

Luncheon meetings with speakers on Economic issues; purpose is to inform The approximately 1,200 members on current Economic issues
Annual dinner meeting featuring an expert speaking on Economic issues; The objective is to promote greater understanding on The part of members of Economic issues
To provide a forum to connect, inform, and inspire our diverse community about today's Economic issues and relevant topics of The day.

Who funds The Economic Club of Grand Rapids

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Van Andel Research InstituteGrowing Economic Health of Grand Rapids$25,000

Personnel at The Economic Club of Grand Rapids

NameTitleCompensation
Lorna D SchultzPresident / Executive Director$120,423
Natalia KovicakPresident$170,935
Bob HerrTreasurer$0
Jim KeaneChair - Person$0
Bob WolfordSecretary$0
...and 8 more key personnel

Financials for The Economic Club of Grand Rapids

RevenuesFYE 06/2023
Total grants, contributions, etc.$10,000
Program services$2,174,717
Investment income and dividends$7,441
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-5,940
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$5,075
Total revenues$2,191,293

Form 990s for The Economic Club of Grand Rapids

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-15990View PDF
2022-062022-11-15990View PDF
2021-062021-11-12990View PDF
2020-062021-01-25990View PDF
2019-062020-09-25990View PDF
...and 8 more Form 990s
Data update history
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 22, 2024
Updated personnel
Identified 1 new personnel
November 27, 2023
Received grants
Identified 1 new grant, including a grant for $25,000 from Van Andel Research Institute
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 5, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Civic / social organizationsBusiness and community development organizations
Issues
EducationBusiness and industry
Characteristics
MembershipsState / local level
General information
Address
220 Lyon St NW Ste 220
Grand Rapids, MI 49503
Metro area
Grand Rapids-Kentwood, MI
County
Kent County, MI
Website URL
econclub.net/ 
Phone
(616) 454-1883
Twitter profile
@greconclub 
IRS details
EIN
23-7442555
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1975
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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