2024-11-15T14:00:20-06:00 2023-12-31 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2023-01-01 237101167 BUSINESS LEADERS FOR MICHIGAN FOUNDATION BUSI 3132595400 600 RENAISSANCE CENTER 1760 DETROIT MI 482431801 JACQUELINE WIGGINS COO 3132595400 2024-11-15 1 1 DAVID LOWENTHAL P00378651 3122071040 2024-11-15 2023 2024-10-15 13:58:12Z JACQUELINE WIGGINS 600 RENAISSANCE CENTER 1760 DETROIT MI 482431801 489635 0 X BUSINESSLEADERSFORMICHIGAN.COM X 1971 MI BUSINESS LEADERS FOR MICHIGAN, THE STATE'S BUSINESS ROUNDTABLE, IS DEDICATED TO MAKING MICHIGAN A TOP 10 STATE FOR JOBS, EDUCATION, WIDELY SHARED PROSPERITY AND A HEALTHY ECONOMY. THE ORGANIZATION IS COMPOSED EXCLUSIVELY OF THE EXECUTIVE LEADERS OF MICHIGAN'S LARGEST COMPANIES AND UNIVERSITIES. OUR MEMBERS DRIVE 40% OF THE STATE'S ECONOMY, EMPLOY MORE THAN 540,000 PEOPLE IN MICHIGAN, GENERATE OVER $1 TRILLION IN ANNUAL REVENUE AND SERVE MORE THAN HALF OF ALL MICHIGAN PUBLIC UNIVERSITY STUDENTS. 106 105 0 105 0 0 669886 461526 0 0 48353 28109 0 0 718239 489635 0 0 0 0 127161 268758 0 0 0 247497 261801 374658 530559 343581 -40924 2244611 2227187 -20397 3103 2265008 2224084 X SUPPORT IMPLEMENTATION OF MICHIGAN'S ROAD TO TOP TEN BY BENCHMARKING THE STATE'S COMPETITIVENESS, DEVELOPING POWERFUL STRATEGIES, CONVENING AND EDUCATING THE PUBLIC, ADVOCATING FOR POLICY AND CHAMPIONING INITIATIVES THAT MAKE MICHIGAN A PLACE WHERE BUSINESS WANTS TO INVEST AND PEOPLE WANT TO LIVE AND WORK. 0 0 447754 0 0 GROWTH/ECONOMIC DEVELOPMENT (UNIFIED STRATEGY, MEDC IMPROVEMENT, COMPETITIVENESS)TALENT (ADULT) (LABOR FORCE PARTICIPATION, SKILLS, WORKFORCE & COMMUNITY COLLEGE, NET TALENT MIGRATION) TALENT (K-12) (GRAND BARGAIN, ADVOCATE FOR NEAR-TERM WINS, CAREER & TECHNICAL EDUCATION)BUSINESS CLIMATE (COST OF DOING BUSINESS, ATTRACTIVENESS, MEMBER SUPPORT)EQUITY (MEMBER DEI, STATEWIDE DEI PUBLIC POLICIES, EQUITABLE FUNDING) 447754 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 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 0 0 0 1 7 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 106 105 1 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 0 0 0 MI X PAUL TRULIK 3132595400 600 RENAISSANCE CENTER STE 1760 DETROIT MI 482431801 AARON J ZEIGLER DIRECTOR 1.00 1.00 X 0 0 0 ALAN JAY KAUFMAN DIRECTOR 1.00 1.00 X 0 0 0 ALBERT M BERRIZ DIRECTOR - PART YEAR 1.00 1.00 X 0 0 0 ALESSANDRO P DINELLO DIRECTOR 1.00 1.00 X 0 0 0 AMY SOLEK DIRECTOR 1.00 1.00 X 0 0 0 ANDI OWEN DIRECTOR 1.00 1.00 X 0 0 0 ANDRA M RUSH DIRECTOR 1.00 1.00 X 0 0 0 ARABINDA GHOSH DIRECTOR 1.00 1.00 X 0 0 0 ARN TELLEM DIRECTOR 1.00 1.00 X 0 0 0 RYAN MAIBACH DIRECTOR 1.00 1.00 X 0 0 0 BILL EMERSON DIRECTOR 1.00 1.00 X 0 0 0 BLAKE W KRUEGER DIRECTOR 1.00 3.00 X 0 0 0 CHRIS MCGOWAN DIRECTOR - PART YEAR 1.00 1.00 X 0 0 0 CHRISTOPHER ILITCH DIRECTOR 1.00 1.00 X 0 0 0 CYNTHIA J PASKY DIRECTOR 1.00 3.00 X 0 0 0 DAN GILBERT DIRECTOR 1.00 1.00 X 0 0 0 DANIEL J LOEPP DIRECTOR 1.00 1.00 X 0 0 0 DARYL M ADAMS DIRECTOR 1.00 1.00 X 0 0 0 DAVID A BRANDON DIRECTOR 1.00 1.00 X 0 0 0 DAVID C DAUCH DIRECTOR 1.00 1.00 X 0 0 0 DAVID F GIRODAT DIRECTOR 1.00 1.00 X 0 0 0 DAVID PARENT DIRECTOR 1.00 1.00 X 0 0 0 DOUG L DEVOS VICE CHAIR 1.00 3.00 X X 0 0 0 EDWIN A NESS DIRECTOR 1.00 1.00 X 0 0 0 ERIC WILDS DIRECTOR 1.00 1.00 X 0 0 0 EVAN D LYALL DIRECTOR 1.00 1.00 X 0 0 0 FLORINE MARK DIRECTOR - PART YEAR 1.00 1.00 X 0 0 0 FRANK VENEGAS JR DIRECTOR 1.00 1.00 X 0 0 0 FRANKLIN C WHEATLAKE DIRECTOR 1.00 1.00 X 0 0 0 FREDERICK K MINTURN DIRECTOR 1.00 1.00 X 0 0 0 G MARK ALYEA DIRECTOR 1.00 1.00 X 0 0 0 GARRICK J ROCHOW DIRECTOR 1.00 1.00 X 0 0 0 GARY TORGOW DIRECTOR 1.00 3.00 X 0 0 0 GERARD M ANDERSON VICE CHAIR 1.00 3.00 X X 0 0 0 GORAN JURKOVIC DIRECTOR 1.00 1.00 X 0 0 0 GREG WILLIAMS DIRECTOR 1.00 1.00 X 0 0 0 GREGORY J CRABB DIRECTOR 1.00 1.00 X 0 0 0 HANK MEIJER DIRECTOR 1.00 1.00 X 0 0 0 HANS-WERNER KAAS DIRECTOR - PART YEAR 1.00 1.00 X 0 0 0 HOWARD UNGERLEIDER CHAIR 1.00 3.00 X X 0 0 0 JAMES M NICHOLSON DIRECTOR 1.00 1.00 X 0 0 0 JAMES P KEANE VICE CHAIR 1.00 1.00 X X 0 0 0 JAY FARNER DIRECTOR - PART YEAR 1.00 1.00 X 0 0 0 JAYMI WILSON DIRECTOR 1.00 1.00 X 0 0 0 JEFFREY DONOFRIO PRESIDENT 5.00 40.00 X X 0 564026 22775 JERRY NORCIA DIRECTOR 1.00 1.00 X 0 0 0 JIM WILLETT DIRECTOR 1.00 1.00 X 0 0 0 JIM FITTERLING DIRECTOR 1.00 1.00 X 0 0 0 JIM PETERS DIRECTOR 1.00 1.00 X 0 0 0 JOHN ROTH DIRECTOR 1.00 1.00 X 0 0 0 JOHN C KENNEDY DIRECTOR - PART YEAR 1.00 3.00 X 0 0 0 JOHN RAKOLTA JR DIRECTOR 1.00 1.00 X 0 0 0 JOSEPH B ANDERSON JR DIRECTOR 1.00 1.00 X 0 0 0 JOSEPH O SERRA DIRECTOR 1.00 1.00 X 0 0 0 KEITH J ALLMAN DIRECTOR 1.00 1.00 X 0 0 0 KEVIN A LOBO DIRECTOR - PART YEAR 1.00 1.00 X 0 0 0 KEVIN W WILLIAMS DIRECTOR 1.00 1.00 X 0 0 0 KIMBERLY ANDREWS ESPY DIRECTOR 1.00 1.00 X 0 0 0 LINDA H APSEY DIRECTOR 1.00 3.00 X 0 0 0 LINDA HUBBARD DIRECTOR 1.00 1.00 X 0 0 0 M ROY WILSON DIRECTOR - PART YEAR 1.00 1.00 X 0 0 0 MANNY TORGOW DIRECTOR 1.00 1.00 X 0 0 0 MARJORIE K SIMMONS DIRECTOR 1.00 1.00 X 0 0 0 MARK A DAVIDOFF DIRECTOR 1.00 1.00 X 0 0 0 MARK J BISSELL DIRECTOR 1.00 1.00 X 0 0 0 MARY CULLER DIRECTOR 1.00 1.00 X 0 0 0 MARY T BARRA DIRECTOR 1.00 1.00 X 0 0 0 MATTHEW B ELLIOTT DIRECTOR 1.00 1.00 X 0 0 0 MATTHEW R HAWORTH DIRECTOR - PART YEAR 1.00 1.00 X 0 0 0 MCKEEL HAGERTY DIRECTOR 1.00 1.00 X 0 0 0 MELINDA WHITTINGTON DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL G BICKERS DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL J JANDERNOA VICE CHAIR 1.00 1.00 X X 0 0 0 MICHAEL T RITCHIE DIRECTOR 1.00 1.00 X 0 0 0 MURRAY S KESSLER DIRECTOR - PART YEAR 1.00 1.00 X 0 0 0 NEVEEN AWAD DIRECTOR 1.00 1.00 X 0 0 0 PAMELA R KLYN DIRECTOR 1.00 1.00 X 0 0 0 PATRICK FINN DIRECTOR 1.00 1.00 X 0 0 0 PATRICK LOCKWOOD-TAYLOR DIRECTOR 1.00 1.00 X 0 0 0 PETER W QUIGLEY DIRECTOR 1.00 1.00 X 0 0 0 PHIL EYLER DIRECTOR 1.00 1.00 X 0 0 0 RACHEL TRONSTEIN-STEWART DIRECTOR 1.00 3.00 X 0 0 0 RAYMOND E SCOTT DIRECTOR 1.00 1.00 X 0 0 0 REJJI P HAYES DIRECTOR 1.00 1.00 X 0 0 0 RICH WOLOWSKI DIRECTOR 1.00 1.00 X 0 0 0 RICHARD A MANOOGIAN DIRECTOR 1.00 1.00 X 0 0 0 RICK KEYES DIRECTOR 1.00 1.00 X 0 0 0 ROBERT CASALOU DIRECTOR 1.00 1.00 X 0 0 0 ROBERT G RINEY DIRECTOR 1.00 1.00 X 0 0 0 ROBERT S TAUBMAN DIRECTOR 1.00 1.00 X 0 0 0 ROD WOOD DIRECTOR 1.00 1.00 X 0 0 0 ROGER S PENSKE DIRECTOR 1.00 1.00 X 0 0 0 RON VAUPEL DIRECTOR 1.00 1.00 X 0 0 0 RONALD E HALL DIRECTOR 1.00 1.00 X 0 0 0 RUSSELL WEINER DIRECTOR 1.00 1.00 X 0 0 0 RYAN GUSTAFSON DIRECTOR 1.00 1.00 X 0 0 0 S EVAN WEINER DIRECTOR 1.00 1.00 X 0 0 0 SANDRA E PIERCE VICE CHAIR 1.00 1.00 X X 0 0 0 SANTA ONO DIRECTOR 1.00 1.00 X 0 0 0 SARA ARMBRUSTER DIRECTOR 1.00 1.00 X 0 0 0 SPENCER S STILES DIRECTOR 1.00 1.00 X 0 0 0 STEFAN O DOERR DIRECTOR 1.00 1.00 X 0 0 0 STEPHEN A VAN ANDEL DIRECTOR 1.00 1.00 X 0 0 0 STEPHEN K CARLISLE DIRECTOR - PART YEAR 1.00 1.00 X 0 0 0 STEPHEN M KIRCHER DIRECTOR 1.00 1.00 X 0 0 0 STEVE DOWNING DIRECTOR 1.00 1.00 X 0 0 0 STEVE SEAR DIRECTOR 1.00 1.00 X 0 0 0 SUZANNE SHANK DIRECTOR 1.00 1.00 X 0 0 0 TERESA WOODRUFF DIRECTOR 1.00 1.00 X 0 0 0 TERRAH OPFERMAN DIRECTOR 1.00 1.00 X 0 0 0 TINA FREESE DECKER DIRECTOR 1.00 1.00 X 0 0 0 TODD SACHSE DIRECTOR 1.00 1.00 X 0 0 0 TONY SARSAM DIRECTOR - PART YEAR 1.00 1.00 X 0 0 0 TREVOR F LAUER DIRECTOR 1.00 1.00 X 0 0 0 WALTER P CZARNECKI DIRECTOR 1.00 1.00 X 0 0 0 WILLIAM C YOUNG DIRECTOR 1.00 3.00 X 0 0 0 WILLIAM CLAY FORD JR DIRECTOR 1.00 1.00 X 0 0 0 WILLIAM U PARFET DIRECTOR 1.00 3.00 X 0 0 0 RYAN TARRANT COO/TREASURER/SECRETARY - PART YEAR 7.00 40.00 X 0 203210 23912 BONNIE ZORN CHIEF OF STAFF 5.00 40.00 X 0 177247 10996 GABRIEL RODRIGUEZ-GARRIGA VICE PRESIDENT 5.00 40.00 X 0 189600 25397 LINDSAY CASE-PALSROK VICE PRESIDENT 5.00 40.00 X 0 202312 34494 RANDI BERRIS VICE PRESIDENT 5.00 40.00 X 0 241806 36817 TIMOTHY SOWTON VICE PRESIDENT 7.00 40.00 X 0 256787 39134 0 1834988 193525 0 0 1 0 0 461526 461526 28109 28109 489635 0 0 28109 231906 208715 23191 8613 7752 861 14599 13139 1460 13640 12276 1364 912 912 18107 18107 22588 14955 7633 14795 13159 1636 8882 3592 5290 12022 10820 1202 13087 11576 1511 825 825 1950 1950 COMMUNICATIONS 168633 151770 16863 530559 447754 82805 0 1479328 1637590 458200 190248 -30515 70000 272089 251364 28974 20725 308624 308624 2244611 2227187 -20397 3103 -20397 3103 X 2265008 2224084 2265008 2224084 2244611 2227187 -40924 0 X X 0 1 X 1 0 X 932500 541900 610000 669886 461396 3215682 932500 541900 610000 669886 461396 3215682 1725170 1490512 10 8 213057 48353 28239 289667 3505349 55427 0.42520 0.48480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 272089 251364 20725 20725 RENAISSANCE VENTURE CAPITAL FUND 308624 308624 0 0 0 0 0 0 0 0 0 JEFFREY DONOFRIO PRESIDENT 0 474026 0 90000 0 0 0 94000 0 22775 0 680801 0 0 TIMOTHY SOWTON VICE PRESIDENT 0 233287 0 23500 0 0 0 0 0 39134 0 295921 0 0 RANDI BERRIS VICE PRESIDENT 0 219806 0 22000 0 0 0 15000 0 36817 0 293623 0 0 LINDSAY CASE-PALSROK VICE PRESIDENT 0 185812 0 16500 0 0 0 0 0 34494 0 236806 0 0 RYAN TARRANT COO/TREASURER/SECRETARY - PART YEAR 0 169960 0 33250 0 0 0 0 0 23912 0 227122 0 0 GABRIEL RODRIGUEZ-GARRIGA VICE PRESIDENT 0 167600 0 22000 0 0 0 0 0 25397 0 214997 0 0 BONNIE ZORN CHIEF OF STAFF 0 172247 0 5000 0 0 0 0 0 10996 0 188243 0 0 PART I, LINE 3 THE FOLLOWING METHODS WERE USED BY BUSINESS LEADERS FOR MICHIGAN (A RELATED ORGANIZATION) TO ESTABLISH THE COMPENSATION OF THE PRESIDENT: - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 2 BUSINESS LEADERS FOR MICHIGAN FOUNDATION IS COMPRISED OF THE CHAIRPERSONS, CHIEF EXECUTIVE OFFICERS, OR MOST SENIOR EXECUTIVES OF MICHIGAN'S LARGEST EMPLOYERS AND UNIVERSITIES. AS SUCH, MANY OF THEM HAVE REGULAR BUSINESS RELATIONSHIPS WITH EACH OTHER'S COMPANIES - I.E. PROVIDE UTILITIES, INSURANCE OR BANKING SERVICES. SOME OF THEM ALSO SERVE ON EACH OTHER'S BOARDS OF DIRECTORS AS WELL. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETE AUDITED FINANCIAL STATEMENTS ARE REVIEWED BY THE BOARD OF DIRECTORS AND THE FORM 990 IS REVIEWED IN DETAIL BY THE TREASURER AND COO, AND IS SHARED WITH THE AUDIT COMMITTEE AND EXECUTIVE COMMITTEE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12 THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH BOARD QUESTIONNAIRES. THESE QUESTIONNAIRES ARE PROVIDED TO NEW BOARD MEMBERS FOR COMPLETION AND MEMBERS ARE ASKED TO NOTIFY THE ORGANIZATION IF CHANGES/CONFLICTS OCCUR. THE FORMS ARE NOT REQUIRED TO BE COMPLETED ANNUALLY. IF A CONFLICT OF INTEREST IS FOUND, THE INDIVIDUAL(S) ARE PROHIBITED FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 BUSINESS LEADERS FOR MICHIGAN, INC (A RELATED NOT FOR PROFIT ORGANIZATION) CONDUCTED A COMPENSATION STUDY FOR THE PRESIDENT'S COMPENSATION AND REQUIRES EXECUTIVE COMMITTEE APPROVAL FOR ALL PRESIDENT COMPENSATION ISSUES. FOR OTHER KEY OFFICERS/EMPLOYEES, SALARY RANGES ARE REVIEWED FOR SIMILAR ORGANIZATIONS AND THE CHAIRMAN APPROVES THE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE TO THE PUBLIC BY REQUEST. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR REGARDING THE COMITTEE OVERSIGHT PROCESS. BUSINESS LEADERS FOR MICHIGAN 600 RENAISSANCE INC STE 1760 DETROIT MI 482431801 381941576 MAKING MI A TOP 10 STATE FOR JOBS, PERSONAL INCOME AND A HEALTHY ECONOMY MI SECTION 501(C)(4) N/A 0 BUSINESS LEADERS FOR MICHIGAN POLITICAL ACTION COMMITTEE 600 RENAISSANCE INC STE 1760 DETROIT MI 482431801 273999152 POLITICAL EXPENDITURES MI 527 N/A 0 BUSINESS LEADERS FOR MICHIGAN POLITICAL ACTION COMMITTEE II 600 RENAISSANCE INC STE 1760 DETROIT MI 482431801 273999229 POLITICAL EXPENDITURES MI 527 N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 BUSINESS LEADERS FOR MICHIGAN D 543728 INVOICED AMOUNTS BUSINESS LEADERS FOR MICHIGAN P 361927 MANAGEMENT ESTIMATE BUSINESS LEADERS FOR MICHIGAN O 268758 PERCENTAGE ALLOCATION