philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Michigan State Chamber Foundation

Tax-deductible

Lansing, MI501(c)(3)Since 1985Arts & Culture EIN 38-2647323Revenue $820K in FY2025

On file with the IRSmichamber.com/michiganchamberfoundation600 S Walnut St, 48933-2209 · Lansing, MITax-exempt since Apr 1986Supporting organization — 509(a)(3)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

1) to plan and conduct nonpartisan public education programs regarding free enterprise, productivity and basic economic issues affecting the State of Michigan.2) to establish and operate a leadership institute designed to provide promising future leaders in business, politics, the arts, education, and social services with an assessment of michigan's assets, challenges, and opportunities in order to give participants the background and network of contacts necessary to make a positive impact on michigan's future.3) to conduct nonpartisan research and distribute policy studies on issues facing Michigan including, but not limited to taxation, government regulation, health care, hazardous waste, crime, tourism and recreation, welfare, government spending and transportation.4) to encourage and support the mission of the Michigan Chamber to promote conditions favorable to job creation and business growth in Michigan.

501(c)(3) charity; gifts are tax-deductible.
44¢ of each $1 spent went to programs.
Run by 6 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $104K a year · 16% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
44%
of spending
Concern: 44% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $23K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$105K
18% of total assets
Looks good: liabilities are 18% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 7 voting members
Looks good: 6 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$820K
-25% vs prior year
Spent
$478K
To programs
44%
Net assets
$494K
By yearFY2020–FY2025
Revenue
$820K
FY2025▼ -25%
Tap a bar for its year
Revenue by fiscal year
FY2020$402K
FY2021$255K
FY2022$548K
FY2023$781K
FY2024$1.1M
FY2025$820K
Expenses
$478K
FY2025▼ -53%
Tap a bar for its year
Expenses by fiscal year
FY2020$244K
FY2021$369K
FY2022$407K
FY2023$753K
FY2024$1.0M
FY2025$478K
Net assets
$494K
FY2025▲ +164%
Tap a bar for its year
Net assets by fiscal year
FY2020$194K
FY2021$95K
FY2022$159K
FY2023$120K
FY2024$187K
FY2025$494K

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1986.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

44 cents of each dollar spent went to programs.

Program services 44% · $209K Management & general 56% · $269K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
James Holcomb
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Thomas Paden
Director
$0Pt VII · Sec A
Mel Trombley
Director
$0Pt VII · Sec A
Bob Thomas
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See Michigan State Chamber Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates the public and future leaders on Michigan's economy and policy issues.

Questions for Michigan State Chamber Foundation

Tap to ask. Michigan State Chamber Foundation sees how many people are interested.

Your first name shows with your question. Michigan State Chamber Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $209K · in their own filed words · FY2024
01

Michigan chamber foundation (the "foundation") provides access to information and nonpartisan educational programs for the business community of michigan through programs and EVENTS.CHAMBER day at the capitol: an annual event to convene chambers of commerce staff and volunteers and provide education on issues of mutual…

$209Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Credit Unions Chartered in the State of MichiganFY2024$12K
US Chamber of Commerce FoundationFY2024$6K
Amerisure Charitable Foundation INCFY2024$5K
Total grants receivedfrom 3 funders$23K
See all 3 funders →

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$820K
Ln 12
Gifts and grantsLn 1h$752K
Fees for servicesLn 2g$68K
Other incomeLn 4–11$300
Money outPt IX
$478K
Ln 25
Programscol B$209K
Managementcol C$269K
Owns and owesPt X
$494K
net assets · Ln 32
Cash and savingsLn 1–2$106K
Total assetsLn 16$599K
LiabilitiesLn 26$105K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$752K
Government grantsLn 1e$132K
Fees for servicesLn 2g$68K
Other incomeLn 4–11$300
Total revenueLn 12$820K
Assets in detailPt X, end of year
CashLn 1$106K
Cash and savings togetherLn 1–2$106K
Other assetsLn 15$466K
Total assetsLn 16$599K
LiabilitiesLn 26$105K
Net assetsLn 32$494K
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$323K$106K
Total assetsLn 16$370K$599K
LiabilitiesLn 26$182K$105K
Net assetsLn 32$187K$494K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$212K$212K
Accounting feesLn 11c$12K$12K
Advertising and promotionLn 12$31K$31K
Office expensesLn 13$5K$5K
TravelLn 17$4K$4K
Conferences, conventions and meetingsLn 19$1K$950$60
Other expenses (24a–d)Ln 24$214K$208K$6K
Total functional expensesLn 25$478K$209K$269K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $820K$478K$341K$494K 990 PDF
FY2024 $1.1M$1.0M$67K$187K 990 PDF
FY2023 $781K$753K$28K$120K 990 PDF
FY2022 $548K$407K$141K$159K 990 PDF
FY2021 $255K$369K−$114K$95K 990 PDF
FY2020 $402K$244K$159K$194K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $819,651 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,087,671$751,569
I-9 Program service revenuePrior year $4,795$67,782
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $489$300
I-12 Total revenuePrior year $1,092,955$819,651
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $177,090$212,213
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $848,643$266,243
I-18 Total expensesPrior year $1,025,733$478,456
I-19 Revenue less expensesPrior year $67,222$341,195
Part VI · Governance 6 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $819,651 across 7 lines filed
VIII-1d Related organizations$500,000
VIII-1e Government grants$131,694
VIII-1f All other contributions, gifts and grants$119,875
VIII-1h Total contributions, gifts and grants$751,569
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $67,782$67,782
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $300$300
VIII-12 Total revenueRelated to mission $68,082 · Unrelated business $0 · Excluded from tax $0$819,651
Part IX · Statement of functional expenses $478,456 across 7 lines filed
IX-7 Other salaries and wagesManagement $212,213$212,213
IX-11c Accounting feesManagement $11,570$11,570
IX-12 Advertising and promotionManagement $30,652$30,652
IX-13 Office expensesManagement $4,880$4,880
IX-17 TravelManagement $3,675$3,675
IX-19 Conferences, conventions and meetingsPrograms $950 · Management $60$1,010
IX-24 Other expenses (24a–d)Programs $208,415 · Management $6,041$214,456
IX-25 Total functional expensesPrograms $209,365 · Management $269,091 · Fundraising $0$478,456
Part X · Balance sheet $599,096 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $323,010$106,231
X-3 Pledges and grants receivableStart of year $44,325$26,854
X-4 Accounts receivable$199
X-15 Other assetsStart of year $2,175$465,812
X-16 Total assetsStart of year $369,510$599,096
X-17 Accounts payable and accrued expensesStart of year $150,303$23,809
X-19 Deferred revenueStart of year $16,794$60,715
X-25 Other liabilitiesStart of year $15,228$20,380
X-26 Total liabilitiesStart of year $182,325$104,904
X-27 Net assets without donor restrictionsStart of year $187,185$494,192
X-32 Total net assets or fund balancesStart of year $187,185$494,192
X-33 Total liabilities and net assetsStart of year $369,510$599,096
Part XI · Reconciliation of net assets $494,192 net assets at year end
XI-1 Total revenue$819,651
XI-2 Total expenses$478,456
XI-3 Revenue less expenses$341,195
XI-4 Net assets at start of year$187,185
XI-5 Net unrealized gains (losses) on investments−$34,188
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$494,192

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.