2024-12-20T10:04:18-06:00 2024-06-30 383635706 REHMANN ROBSON LLC 555 BRIARWOOD CIRCLE STE 300 ANN ARBOR MI 48108 990 2023-07-01 383001180 MICHIGAN FUTURE INC MICH 7347478120 P O BOX 130416 ANN ARBOR MI 481130416 LOUIS GLAZER PRESIDENT 7347478120 2024-12-19 1 1 ADAM P WILLIAMS CPA P00641847 7347612005 2024-12-12 2023 2024-10-15 13:58:12Z LOUIS GLAZER PO BOX 130416 ANN ARBOR MI 48113 488065 0 X WWW.MICHIGANFUTURE.ORG X 1991 MI TO BE A SOURCE OF NEW IDEAS ON HOW MICHIGAN'S PEOPLE, ENTERPRISES, AND COMMUNITIES CAN SUCCEED IN THE INFORMATION AGE. 9 7 3 0 0 0 1159041 455915 0 0 3599 32150 0 0 1162640 488065 0 0 0 0 321469 547716 0 0 0 167932 173534 489401 721250 673239 -233185 1339963 1101763 24644 19629 1315319 1082134 TO BE A SOURCE OF NEW IDEAS ON HOW MICHIGAN'S PEOPLE, ENTERPRISES, AND COMMUNITIES CAN SUCCEED IN THE INFORMATION AGE. 0 0 686879 THE RAISING STANDARD OF LIVING PROGRAM IS DEVELOPING A STATEWIDE AGENDA TO SUPPORT THE MICHIGAN FUTURE, INC MISSION TO RAISE THE STANDARD OF LIVING FOR ALL MICHIGAN HOUSEHOLDS. 686879 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 3 1 0 0 0 0 0 0 0 0 0 0 X 9 7 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 MI X DETROIT REGIONAL CHAMBER 3139644000 777 WOODWARD AVE SUITE 800 DETROIT MI 48226 LOUIS GLAZER PRESIDENT/SECRETARY 40.00 1.00 X X 235000 0 0 SANDY K BARUAH TREASURER 1.00 40.00 X X 0 659664 17194 NICK KHOURI BOARD CHAIR 1.00 X 0 0 0 PAUL HILLEGONDS DIRECTOR 1.00 X 0 0 0 DALE ROBERTSON DIRECTOR 1.00 X 0 0 0 PETER MACGREGOR DIRECTOR 1.00 X 0 0 0 ANGELIQUE POWER DIRECTOR 1.00 X 0 0 0 KIRK PROFIT DIRECTOR 1.00 X 0 0 0 DONALD RENCHER DIRECTOR 1.00 X 0 0 0 235000 659664 17194 1 0 1 0 0 455915 455915 32150 32150 488065 0 0 32150 224640 224640 250000 250000 9240 9240 30786 30786 33050 33050 44144 9773 34371 574 574 4603 4603 CONTRACT EMPLOYEES 122434 122434 INFORMATION TECHNOLOGY 1640 1640 COMMUNITY OUTREACH 139 139 721250 686879 34371 0 725260 626938 608361 467776 6342 7049 1339963 1101763 24644 19629 24644 19629 X 456605 548786 858714 533348 1315319 1082134 1339963 1101763 -233185 0 X X 0 1 X 1 0 X X 1 DETROIT REGIONAL CHAMBER 380477570 10 1 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A , LINE 3B: MFI AND THE DETROIT REGIONAL CHAMBER FOUNDATION (THE "FOUNDATION") HAVE COMMON MANAGEMENT TEAMS. MANAGEMENT HAS A COPY OF THE INTERNAL REVENUE SERVICE DETERMINATION LETTER INDICATING THAT THE FOUNDATION QUALIFIES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). MANAGEMENT ANNUALLY REVIEWS THE FOUNDATION'S FINANCIAL ACTIVITY TO ASCERTAIN THAT THE CHAMBER CONTINUES TO SATISFY THE PUBLIC SUPPORT TESTS UNDER INTERNAL REVENUE CODE SECTION 509(A)(2). PART IV, SECTION A, LINE 3C: ANY FUNDS PROVIDED BY MFI TO THE CHAMBER ARE USED BY THE PROGRAMS FOR WHICH THEY ARE INTENDED. ALL PROGRAMS OF BOTH MFI AND THE CHAMBER HAVE THEIR OWN COST CENTERS TO KEEP FINANCIAL ACTIVITY SEGREGATED. THIS ACTIVITY IS MONITORED BY THE ORGANIZATIONS' COMMON MANAGEMENT TEAMS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 5243 0 0 5243 0 PART II-B, LINE 1: LOU GLAZER AND PATRICK COONEY DISCUSSED MICHIGAN FUTURE'S RISING INCOME FOR ALL STATE POLICY RECOMMENDATIONS WITH LEGISLATIVE AND ADMINISTRATION POLICYMAKERS AND THEIR STAFF. 0 X 488065 0 488065 0 488065 721250 0 721250 0 721250 PART X, LINE 2: MFI CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN MFI'S FINANCIAL STATEMENTS. PART X, LINE 2 MFI'S MANAGEMENT IS NOT AWARE OF ANY UNRECOGNIZED TAX BENEFITS AS OF JUNE 30, 2024 OR 2023. X 0 0 0 0 0 0 0 0 0 LOUIS GLAZER PRESIDENT/SECRETARY 216000 0 0 0 19000 0 0 0 0 0 235000 0 0 0 SANDY K BARUAH TREASURER 0 448949 0 198715 0 12000 0 9900 0 7294 0 676858 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND IS REVIEWED BY THE PRESIDENT OF THE MFI, AS WELL AS THE CHIEF FINANCIAL OFFICER AND THE SR. DIRECTOR OF ACCOUNTING OF THE CHAMBER. PRIOR TO SUBMISSION OF THE FORM 990, THE RETURN IS REVIEWED WITH THE CHAIR OF THE CHAMBER'S AUDIT COMMITTEE AND IS PROVIDED TO MFI'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15A THE SALARY OF THE MFI'S PRESIDENT IS SET EACH YEAR BY MFI'S BOARD OF DIRECTORS DURING ITS ANNUAL BOARD MEETING AS PART OF HIS PERFORMANCE REVIEW. INCREASES ARE DETERMINED AND APPROVED BY MFI'S BOARD OF DIRECTORS, WITH VERIFICATION THAT THE SALARY DOES NOT EXCEED SALARY AMOUNTS ALLOWED UNDER EXISTING GRANT AGREEMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE ON REQUEST, AS POSTED ON THE WEBSITE. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT MAKE ANY CHANGES TO ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. DETROIT REGIONAL CHAMBER 777 WOODWARD AVE SUITE 800 DETROIT MI 48226 380477570 SEE PART VII MI 501(C)(6) N/A 0 DETROIT REGIONAL CHAMBER FOUNDATION INC 777 WOODWARD AVE SUITE 800 DETROIT MI 48226 382352462 SEE PART VII MI 501(C)(3) LINE 118, II N/A 0 DETROIT REGIONAL CHAMBER SERVICES INC 777 WOODWARD AVE SUITE 800 DETROIT MI 48226 382479423 AFFINITY SERVICES MI N/A C 0 NATIONAL COMMERCE GROUP 777 WOODWARD AVE SUITE 800 DETROIT MI 48226 203796295 AFFINITY SERVICES MI N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SCHEDULE R, PART II- PRIMARY ACTIVITY THE CHAMBER IS A CHAMBER OF COMMERCE AND IS THE SUPPORTED ORGANIZATION OF MFI. DETROIT REGIONAL CHAMBER FOUNDATION, INC. SUPPORTS INITIATIVES TO CREATE JOBS, TO ATTRACT NEW BUSINESS INVESTMENT, TO DEVELOP A SKILLED AND TRAINED WORKFORCE, AND TO DEVELOP FUTURE LEADERS FOR THE REGION. SCHEDULE R, PART IV- RELATIONSHIP TO ORGANIZATION DETROIT REGIONAL CHAMBER SERVICES, INC. IS A WHOLLY-OWNED SUBSIDIARY OF THE CHAMBER. NATIONAL COMMERCE GROUP IS A WHOLLY-OWNED SUBSIDIARY OF DETROIT REGIONAL CHAMBER SERVICES, INC.