2024-11-15T13:41:47-06:00 2023-12-31 381357951 PLANTE & MORAN PLLC 2601 CAMBRIDGE CT STE 300 AUBURN HILLS MI 48326 990 2023-01-01 383479236 DETROIT ATHLETIC CLUB FOUNDATION DETR 3139639200 241 MADISON AVE DETROIT MI 48226 AARON LACKEY ASSISTANT TREASURER 3139639200 2024-11-14 1 1 DAVID LOWENTHAL P00378651 2483757100 2024-11-14 2023 2024-10-15 13:58:12Z MATTHEW PAPPAS 241 MADISON AVE DETROIT MI 48226 1650739 0 X WWW.THEDAC.COM X 1999 MI TO RAISE AND EXPEND FUNDS FOR THE BEAUTIFICATION, SUPPORT OF PROGRAMS FOR PUBLIC SAFETY, AND IMPROVEMENT OF DETROIT, MICHIGAN AND SOUTHEASTERN MICHIGAN. TO RAISE AND EXPEND FUNDS FOR THE AWARD OF SCHOLARSHIPS AND THE PROMOTION OF ACADEMIC AND ATHLETIC ACHIEVEMENT. 19 19 0 19 0 0 831665 726486 0 0 58457 -190070 -68803 -15160 821319 521256 260603 352526 0 0 0 0 0 0 0 126221 146003 386824 498529 434495 22727 5139136 5448463 55262 45955 5083874 5402508 TO RAISE AND EXPEND FUNDS FOR THE BEAUTIFICATION, SUPPORT OF PROGRAMS FOR PUBLIC SAFETY, AND IMPROVEMENT OF DETROIT, MICHIGAN AND SOUTHEASTERN MICHIGAN. TO RAISE AND EXPEND FUNDS FOR THE AWARD OF SCHOLARSHIPS AND THE PROMOTION OF ACADEMIC AND ATHLETIC ACHIEVEMENT. 0 0 428472 352526 THE DETROIT ATHLETIC CLUB FOUNDATION CONDUCTED A SERIES OF EVENTS TO CONTINUE THE FOUNDATION'S MISSION OF PROMOTING ACADEMIC AND ATHLETIC ACHIEVEMENT, INCLUDING MICHIGAN HIGH SCHOOL ATHLETE OF THE YEAR AWARDS NIGHT AND BOXING NIGHT. IN ADDITION, THE FOUNDATION AWARDED GRANTS TO VARIOUS ORGANIZATIONS WHO FURTHER PROMOTE THE FOUNDATION'S MISSION. 428472 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MI X AARON LACKEY 3139639200 241 MADISON AVE DETROIT MI 48226 MATTHEW PAPPAS PRESIDENT 1.00 0.00 X X 0 0 0 LORNA UTLEY VICE PRESIDENT 1.00 1.00 X X 0 0 0 BLAKE ELLIS TREASURER 1.00 0.00 X X 0 0 0 RONALD GANTNER SECRETARY 1.00 0.00 X X 0 0 0 MELINDA CONWAY CALLAHAN DIRECTOR 1.00 0.00 X 0 0 0 EHRLICH CRAIN DIRECTOR 1.00 0.00 X 0 0 0 BRIAN DEMKOWICZ DIRECTOR 1.00 0.00 X 0 0 0 DAVID DEVINE DIRECTOR 1.00 0.00 X 0 0 0 DAVID FISHER DIRECTOR 1.00 0.00 X 0 0 0 VITO GIOIA II DIRECTOR 1.00 1.00 X 0 0 0 DOUGLAS KRIZANIC DIRECTOR 1.00 0.00 X 0 0 0 DERRON SANDERS DIRECTOR 1.00 1.00 X 0 0 0 DAVID PROVOST DIRECTOR 1.00 1.00 X 0 0 0 GENE LOVASCO DIRECTOR 1.00 0.00 X 0 0 0 BRUCE BABIARZ DIRECTOR 1.00 0.00 X 0 0 0 STEVEN DAVID DIRECTOR 1.00 0.00 X 0 0 0 GRETCHEN DOYLE DIRECTOR 1.00 0.00 X 0 0 0 SHANE HENRY DIRECTOR 1.00 1.00 X 0 0 0 GENEVA WILLIAMS DIRECTOR 1.00 0.00 X 0 0 0 CHARLES JOHNSON DAC EXECUTIVE MANAGER 1.00 50.00 X 0 611743 37489 AARON LACKEY ASST TREASURER 1.00 50.00 X 0 351581 28636 JANE JUSCYZK DAC ASSISTANT SECRETARY 1.00 40.00 X 0 125066 19814 NANCY MAIER EXECUTIVE DIRECTOR 40.00 0.00 X 0 131090 0 0 1219480 85939 0 0 1 0 0 283967 442519 726486 50458 50458 738635 80535 834329 225369 -95694 -144834 -240528 -240528 54625 283967 69785 -15160 -15160 521256 0 0 -205230 193962 193962 158564 158564 2310 2310 19938 19938 3991 1825 2166 207 207 12480 12480 BAD DEBT EXPENSE 53818 53818 PRINTING 20508 1352 19156 LIGHTING PROJECT 15760 15760 OTHER EVENT EXPENSE 1971 1971 15020 1220 13800 498529 428472 70057 0 374291 668705 74668 181857 29404 23629 115555 18055 15000 15000 2713527 225084 2725292 2488443 1804926 2052774 5139136 5448463 55262 45955 55262 45955 X 3474895 3580297 1608979 1822211 5083874 5402508 5139136 5448463 22727 295907 0 X X 0 1 X 1 0 X 921933 368125 981273 831665 726486 3829482 921933 368125 981273 831665 726486 3829482 648723 3180759 13435 66071 119733 36946 50458 286643 10175 1628 5225 150 54625 71803 4187928 0.75950 0.79750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1961878 X 0 710448 82463 792911 825032 -114584 710448 729123 95909 825032 649954 79169 729123 529670 57284 649954 0.00000 0.00000 1.00000 0 0 2713527 225084 2488443 2488443 X PART III, LINE 4: THE FOUNDATION HOLDS VARIOUS WORKS OF ART AVAILABLE FOR PUBLIC DISPLAY. PUBLIC ART TOURS ARE HELD PERIODICALLY THROUGHOUT THE YEAR. PART V, LINE 4: THE DETROIT ATHLETIC CLUB FOUNDATION HOLDS CERTAIN CONTRIBUTIONS IN ENDOWMENTS TO BE USED FOR SPECIFIED PROJECTS AND AWARDS. THE INTENDED USE OF THE ENDOWMENT FUNDS ARE TO RECEIVE, INVEST, AND ADMINISTER FUNDS EXCLUSIVELY FOR SPECIAL AWARDS, SCHOLARSHIPS, AND PROJECTS THAT FURTHER THE FOUNDATION'S MISSION OF PROMOTING ACADEMIC AND ATHLETIC ACHIEVEMENT PART X, LINE 2: DETROIT ATHLETIC CLUB IS A NOT-FOR-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(7). DETROIT ATHLETIC CLUB FOUNDATION IS A NOT-FOR-PROFIT CORPORATION AND IS EXEMPT FROM TAX UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CLUB AND RECOGNIZE A TAX LIABILITY IF THE CLUB HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CLUB AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CLUB IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. BOXING EVENT 214395 185645 28750 5671 42460 SCHOLARSHIP SOIREE 124197 98322 25875 12519 9135 338592 283967 54625 18190 51595 69785 -15160 1 US NAVAL ACADEMY ENDOWMENT 121 BLAKE ROAD ANNAPOLIS MD 21402 530613669 115 51921 0 ADVANCEMENT OF THE ACADEMIES BOXING PROGRAM THE WEST POINT MEN'S BOXING ENDOWMENT US MILLITARY ACADEMY WEST POINT NY 10996 141260763 115 51921 0 ADVANCEMENT OF THE ACADEMIES BOXING PROGRAM WELCHER FUND FOR BOXING EXCELLENCE ENDOWMENT 2169 FIELD HOUSE DRIVE US AIR FORCE ARMY CO 80840 260537053 115 51921 0 ADVANCEMENT OF THE ACADEMIES BOXING PROGRAM DETROIT PUBLIC SAFETY FOUNDATION 1301 THIRD STREET SUITE 547 DETROIT MI 48226 300056848 501(C)(3) 16968 0 PLAQUE AND MEMORIAL DISPLAY, DPD SOFTBALL UNIFORMS AND HEARTY DIGGITY DOG RACE, NAACP DINNER 4 0 SCHOLARSHIPS INDIVIDUALS FOR HIGHER EDUCATION 39 158564 PART I, LINE 2: THE GRANTEES ARE COMMUNICATED WITH THROUGHOUT THE YEAR TO GET ASSURANCE THE PROGRAMS ARE CONTINUING. 0 0 0 0 0 0 0 0 0 CHARLES JOHNSON DAC EXECUTIVE MANAGER 0 481251 0 100000 0 30492 0 10000 0 27489 0 649232 0 0 AARON LACKEY ASST TREASURER 0 253288 0 98293 0 0 0 0 0 28636 0 380217 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ENTIRE BOARD OF DIRECTORS WAS PROVIDED A COPY OF THIS INFORMATIONAL RETURN CONCURRENT WITH THE FILING OF THE RETURN. AT THE NEXT SCHEDULED BOARD MEETING, AN OPPORTUNITY WILL BE GIVEN TO DISCUSS THE RETURN AND ANSWER ANY QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE OF DISCLOSURE IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. IF IT IS DETERMINED THAT A CONFLICT EXISTS, THE BOARD MEMBER IS RECUSED FROM VOTING ON ANY ITEMS WHERE THERE MAY BE A POTENTIAL CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION IS AVAILABLE UPON REQUEST FORM 990, PART XIII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. DAC CYCLING 241 MADISON ST DETROIT MI 48226 814729845 CYCLING RACE MI -51807 28971 DAC FOUNDATION DETROIT ATHLETIC CLUB 241 MADISON AVENUE DETROIT MI 48226 380477160 SOCIAL CLUB MI 501(C)7 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 DETROIT ATHLETIC CLUB P 534490 CASH