Grosse Pointe Chamber Foundation EIN 26-1616110

Grosse Pointe Chamber Foundation

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Funds commerce, education, and economic growth for five Grosse Pointe communities. For fiscal year 2025 it reported $216K in revenue, $179K in expenses, and $300K in net assets.Pt I

Founded
2007
Type
Supporting organization · Community Development
Location
Grosse Pointe Farms, MI
Website
grossepointechamber.com
Filings
6 on file (2020–2025)
Revenue
$216KFY2025
Expenses
$179K
Net assets
$300K
People
16
Filings
6
Updates
0
More identity details & actions ⌄
EIN  26-1616110 Supporting organization Grosse Pointe Farms, MI Founded 2007
Form 990 (PDF)
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Size
$100K–1M
What they do
Funds commerce, education, and economic growth for five Grosse Pointe communities.
Leadership
Keith Bellovich · Director
Money in and out
$216K revenue, $179K expenses
Bottom line
+17% net inflow
Money in and out · FY2025
Total revenue
$216K
Pt VIII · Ln 12
Total expenses
$179K
Pt IX · Ln 25
Net assets
$300K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $37K
Where spending went · Part IX cols B–D
Program services $0.36 Management & general $0.07 Fundraising $0.57
Net inflow
+17%
revenue over expenses, this year▲ ×289 vs prior filing year
Pass-through gifts
90%
of revenue from contributions▲ +5% vs prior filing year
Program spending
36%
of expenses reach stated programs▼ -4% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$216K
FY2025▼ -17%
Expenses
$179K
FY2025▼ -31%
Total assets
$300K
FY2025▲ +14%
Total liabilities
$0
FY2025
Total revenue
$216K
Pt VIII · Ln 12
Total expenses
$179K
Pt IX · Ln 25
Net assets
$300K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$37K
Total assetsPt X · Ln 16$300K
Program-expense ratioPt IX · col B36%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 416
Mission & Programs · Part III

Where the work happens

1 program service account for $300 of program spending, described in the organization's own filed words · FY2025.
01

Receive and disburse charitable contributions for the promotion of commerce, education, economic growth, events and activites for the five grosse pointe communities.

$300program expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGrosse Pointe Chamber Foundation
EINHdr · item D26-1616110
Principal addressHdr · item CGrosse Pointe Farms, MI
WebsiteHdr · item Jgrossepointechamber.com
Year of formationHdr · item L2007
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S114)
Ruling yearIRS BMFNov 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a16
Independent voting membersPt VI · Ln 1b16
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$195K · 90%
Investment income$19K · 9%
Other revenue$2K · 1%
Contributions & grants90%$195K
Investment income9%$19K
Other revenue1%$2K
— government grantsLn 1e$40K
Total revenueLn 12$216K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.36 Management & general $0.07 Fundraising $0.57
Program services36%$65K
Management & general7%$12K
Fundraising57%$102K
Total functional expensesLn 25$179K

Balance Sheet

Part X · end of year
CashLn 1$114K
Total assetsLn 16$300K
Total liabilitiesLn 26$0
Total net assetsLn 32$300K
Months of cash on handcomputed7.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $299K · Operating expenses/yr $179K
20.1 months
Where the money goes
Program services
Program services $65K · Total expenses $179K
36%
Management & General
Management & general $12K · Total expenses $179K
7%
Fundraising
Fundraising $102K · Total expenses $179K
57%
Cost to raise $1
Fundraising expense (3-yr avg) $119K · Solicited contributions (3-yr avg) $180K
$0.66 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $195K · Total revenue $216K
90%
Government reliance
Government grants $40K · Total revenue $216K
19%
Earned-income share
Program service revenue $0 · Total revenue $216K
0%
Investment reliance
Investment income $19K · Total revenue $216K
+9%
Program self-sufficiency
Program service revenue $0 · Total expenses $179K
0%
Growth & trend
Revenue growth (YoY)
This year $216K · Prior year $260K
-17%
Revenue CAGR
FY2020 $41K · FY2025 $216K
+39%
Net-asset trend (YoY)
End of year $300K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $216K · Expenses $179K
+17%
Liabilities-to-Assets
Total liabilities — · Total assets $300K
Net-asset ratio
Net assets $300K · Total assets $300K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $185K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $300K
62%
People & payroll
Highest Reported Total Compensation
Individual Keith Bellovich · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $179K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $179K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 36%
Overhead ratio 7%
Fundraising cost ratio 52%
Revenue growth -17%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$216K revenue · viewing · ⤓ 990 PDF
FY2024$260K revenue · ⤓ 990 PDF
FY2023$211K revenue · ⤓ 990 PDF
FY2022$192K revenue · ⤓ 990 PDF
FY2021$365K revenue · ⤓ 990 PDF
FY2020$41K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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