2024-11-15T18:48:00-06:00 2023-12-31 861065772 DELOITTE TAX LLP 111 MONUMENT CIRCLE SUITE 4200 INDIANAPOLIS IN 46204 990 2023-01-01 205885762 DETROIT BELLE ISLE GRAND PRIX INC DETR 2486482457 2555 TELEGRAPH ROAD BLOOMFIELD HILLS MI 483020954 SHAWNA M JANSONS EVENT CHAIRMAN 2486482457 2024-11-15 1 0 SHAWNA M JANSONS P01222873 3174648600 2023 2024-10-15 13:58:12Z CLAUDE DENKER 23802927 0 X WWW.DETROITGP.COM X 2006 MI REVITALIZE THE CITY OF DETROIT AND RAISE FUNDS TO PRESERVE AND IMPROVE BELLE ISLE PARK. 4 3 0 1500 0 0 7599409 13484946 7513949 8985610 0 484749 -350823 -195082 14762535 22760223 518214 847622 0 0 0 0 0 0 0 14244321 22006328 14762535 22853950 0 -93727 4637183 3418022 6239329 5113895 -1602146 -1695873 (1) PROMOTES THE REVITALIZATION OF ECONOMICALLY DEPRESSED AREAS OF THE CITY OF DETROIT BY CONDUCTING MOTOR VEHICLE RACING EVENTS; AND (2) TO RAISE FUNDS FOR THE PRESERVATION AND IMPROVEMENT OF BELLE ISLE PARK. 0 0 19015954 8985610 PROMOTES THE REVITALIZATION OF ECONOMICALLY DEPRESSED AREAS OF THE CITY OF DETROIT BY CONDUCTING MOTOR VEHICLE RACING EVENTS. 1042704 847622 RAISES FUNDS FOR THE PRESERVATION AND IMPROVEMENT OF BELLE ISLE PARK, WHICH SERVES AS A UNIQUE BACKDROP FOR A POPULAR RACING EVENT AND REMAINS FOR THE LONG-TERM ENJOYMENT OF PARK VISITORS. ADDITIONAL FUNDS RAISED BENEFITING VARIOUS LOCAL CHARITIES PROVIDING SERVICES TO RESIDENTS OF THE CITY OF DETROIT. 20058658 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 32 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 1 0 0 0 1 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 MI X TRACY SUTTER 2486482357 2555 TELEGRAPH ROAD BLOOMFIELD HILLS MI 48302 ERIC B LARSON VICE PRESIDENT 1.00 38.00 X X 0 528576 22145 CLAUDE BUD DENKER PRESIDENT 1.00 3.00 X X 0 0 0 CAMERON PIGGOTT TREASURER/SECRETARY 1.00 3.00 X X 0 0 0 ROGER PENSKE CHAIR 1.00 1.00 X X 0 0 0 0 528576 22145 0 0 1 0 INPRODUCTION INC 4320 WINFIELD ROAD STE 325 WARRENVILLE IL 60555 HOSPITALITY STRUCTURE RENTAL 1123860 KEHRIG STEEL INC 9279 MARINE CITY IRA TOWNSHIP MI 48023 CONSTRUCTION 963300 B&K RENTALS AND SALES CO INC 15055 MARLBORO PIKE UPPER MARLBORO MD 20772 GRANDSTAND RENTAL AND CONSTRUCTION 896469 GEOBRUGG 22 CENTRO ALGODONES ALGONDONES NM 87001 CONSTRUCTION 871477 HNTB MICHIGAN INC PO BOX 802741 KANSAS CITY MO 64180 CONSTRUCTION 780446 38 941434 4000000 8543512 13484946 HOSPITALITY 900099 5684827 5684827 TICKET SALES 711300 2012235 2012235 MISCELLANEOUS 323100 845399 845399 CONCESSIONS 711210 273134 273134 TEAM MOTORCOACH SPACE 711300 170015 170015 8985610 484749 0 484749 484749 484749 847622 941434 1042704 -195082 -195082 22760223 8985610 0 289667 847622 847622 1886495 1056693 829802 30000 30000 707752 707209 543 75136 75136 53533 53533 251725 251725 267526 267526 278839 278839 838548 838548 276597 276597 RENTAL EQUIPMENT 6833642 6833642 GRAND PRIX EVENT 5311839 5311839 OTHER EXPENSES - CONSTR 3358609 3358609 SANCTION FEES 1577947 1577947 258140 58500 199640 22853950 20058658 2795292 0 237138 271596 214826 356688 551372 160167 6752785 4253540 3332006 2499245 301841 130326 4637183 3418022 2940939 1005015 691504 602407 2300000 3350000 306886 156473 6239329 5113895 X -1602146 -1695873 -1602146 -1695873 4637183 3418022 -93727 0 X 0 1 X 1 0 X 8316872 1503100 6887714 7925872 13484946 38118504 7334139 0 5055824 7513947 9470358 29374268 15651011 1503100 11943538 15439819 22955304 67492772 7408319 1500000 5831747 7059260 5839884 27639210 1523791 820819 876716 1244401 4465727 8932110 1500000 6652566 7935976 7084285 32104937 35387835 15651011 1503100 11943538 15439819 22955304 67492772 0.52430 0.45280 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2449662 843480 1606182 3828843 3410060 418783 474280 474280 2499245 ACCRUED EXPENSES 156473 156473 X X X X X 1 KD PRODUCTIONS 711 ATLANTIC STREET MILFORD MI 48381 GRAND PRIXMIERE FUNDRAISING EVENT 0 1692956 93500 1599456 1692956 93500 1599456 MI GRAND PRIXMIERE 1692956 845334 847622 140553 29321 675460 ALLURE 96100 96100 46693 21800 80674 48203 1789056 941434 847622 187246 21800 109995 723663 1042704 -195082 0 BELLE ISLE CONSERVANCY 300 RIVER PLACE DRIVE SUITE 280 DETROIT MI 482075520 237348118 501(C)(3) 100000 0 GENERAL PROGRAM SUPPORT BOYS AND GIRLS CLUBS OF SOUTHEASTERN MI 26777 HALSTED RD FARMINGTON HILLS MI 48331 311387123 501(C)(3) 100000 0 GENERAL PROGRAM SUPPORT DETROIT PUBLIC SAFETY FOUNDATION 1301 THIRD STREET SUITE 547 DETROIT MI 48226 300056848 501(C)(3) 100000 0 GENERAL PROGRAM SUPPORT POPE FRANCIS CENTER 438 SAINT ANTOINE STREET DETROIT MI 48226 812516039 501(C)(3) 100000 0 GENERAL PROGRAM SUPPORT DETROIT 300 CONSERVANCY 1 CAMPUS MARTIUS DETROIT MI 48226 300002873 501(C)(3) 447622 0 GENERAL PROGRAM SUPPORT 5 0 0 0 0 0 0 0 0 0 0 ERIC B LARSON VICE PRESIDENT 0 370596 0 150000 0 7980 0 0 0 22145 0 550721 0 0 PENSKE CORPORATION 35% CONTROLLED ENTITY OF DIRECTOR/OFFICER 813411 MANAGEMENT FEE PAID 0 PENSKE JET INC 35% CONTROLLED ENTITY OF DIRECTOR/OFFICER 24219 SERVICES AGREEMENT 0 PENSKE RESTORATION 35% CONTROLLED ENTITY OF DIRECTOR/OFFICER 5917 SERVICES AGREEMENT 0 PENSKE RACING INC 35% CONTROLLED ENTITY OF DIRECTOR/OFFICER 236345 MANAGEMENT FEE PAID 0 PENSKE TRUCK LEASING 35% CONTROLLED ENTITY OF DIRECTOR/OFFICER 58949 EQUIPMENT RENTAL 0 STRATEGIC STAFFING SOLUTIONS INC 35% CONTROLLED ENTITY OF DIRECTOR/OFFICER 234064 INDEPENDENT CONTRACT AGREEMENT 0 PENSKE RACING EXPERIENCE 35% CONTROLLED ENTITY OF DIRECTOR/OFFICER 27000 SERVICES AGREEMENT 0 PENSKE CORPORATION 35% CONTROLLED ENTITY OF DIRECTOR/OFFI 875000 HOSPITALITY SALES 0 PENSKE CORPORATION 35% CONTROLLED ENTITY OF DIRECTOR/OFFI 50000 EXPENSE REIMBURSEMENT 0 PENSKE CORPORATION 35% CONTROLLED ENTITY OF DIRECTOR/OFFI 4701000 SALE OF CAPITAL EQUIPMENT 0 PENSKE RACING INC 35% CONTROLLED ENTITY OF DIRECTOR/OFFI 24042 EQUIPMENT RENTAL SALE 0 PENSKE TRUCK LEASING 35% CONTROLLED ENTITY OF DIRECTOR/OFFI 250000 HOSPITALITY SALES 0 FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIP: ROGER PENSKE, CHAIRMAN, IS CEO OF PENSKE CORPORATION AND CLAUDE DENKER, PRESIDENT, IS EMPLOYED BY PENSKE CORPORATION. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF THE CORPORATION CONSISTS OF ONE CLASS AND ONE MEMBER, DOWNTOWN DETROIT PARTNERSHIP, INC. THE MEMBER HAS THE POWER TO AMEND AND REPEAL THE BYLAWS OF THE CORPORATION AND TO ELECT ALL MEMBERS OF THE BOARD OF DIRECTORS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A DOWNTOWN DETROIT PARTNERSHIP, INC., AS THE SOLE MEMBER OF THE ORGANIZATION, ELECTS ALL MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B DOWNTOWN DETROIT PARTNERSHIP, INC., AS THE SOLE MEMBER, HAS CERTAIN RESERVED POWERS. FORM 990, PART VI, SECTION A, LINE 8A THE ORGANIZATION WAS CREATED TO HOST INTERMITTENT AUTO RACING EVENTS. HOWEVER, THERE WERE NO INDEPENDENT BOARD MEETINGS HELD, BUT DOWNTOWN BELLE ISLE GRAND PRIX, INC. ("DBIGP") MATTERS ARE DISCUSSED AT DOWNTOWN DETROIT PARTNERSHIP ("DDP") BOARD MEETINGS AND ALL DBIGP BOARD MEMBERS ARE ALSO MEMBERS OF THE DDP BOARD, EXCEPT FOR ONE MEMBER. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE MEMBER HAS THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT REVIEWS AND SIGNS THE FORM 990 BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. THE BOARD OF DIRECTORS REVIEWS THE ANNUAL AUDIT, WHICH IS USED TO PROVIDE THE FORM 990 INFORMATION. A COPY OF FORM 990 IS ALSO PROVIDED TO THE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO VERBALLY DISCLOSE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS REQUIRED TO BE MADE AVILABLE TO THE PUBLIC ARE AVAILABLE FOR PUBLIC INSPECTION UPON WRITTEN REQUEST. DOWNTOWN DETROIT PARTNERSHIP INC 1 CAMPUS MARTIUS SUITE 380 DETROIT MI 48226 383436456 PROMOTE A CLEAN AND SAFE DOWNTOWN MI 501(C)(3) LINE 7 170(B)(1)(A) N/A 0 DOWNTOWN DETROIT INC 1 CAMPUS MARTIUS SUITE 380 DETROIT MI 48226 380389330 PROMOTE A CLEAN AND SAFE DOWNTOWN MI 501(C)(4) DOWNTOWN DETROIT PARTNERSHIP INC 1 DETROIT 300 CONSERVANCY 1 CAMPUS MARTIUS SUITE 380 DETROIT MI 48226 300002873 MAINTAIN AND PROGRAM CITY OF DETROIT OWNED PARKS MI 501(C)(3) LINE 10: 509(A)(2) DOWNTOWN DETROIT PARTNERSHIP INC 1 DDP BIKE SHARE CORPORATION 1 CAMPUS MARTIUS SUITE 380 DETROIT MI 48226 811577310 PUBLIC BIKE SHARE SYSTEM MI 501(C)(3) LINE 10: 509(A)(2) N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 DOWNTOWN DETROIT PARTNERSHIP INC P 119560 INVOICE DOWNTOWN DETROIT PARTNERSHIP INC L 43715 INVOICE DETROIT 300 CONSERVANCY B 447622 INVOICE