Nonprofit · EIN 38-2527475
MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION
Tax-exempt · OKEMOS, MI 48864
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $890,909 | $908,243 | -$17,334 | $892,155 | $21,313 | $870,842 |
| December 31, 2024 | 990 (amended) | $687,709 | $757,753 | -$70,044 | $912,784 | $24,608 | $888,176 |
| December 31, 2023 | 990 (amended) | $782,167 | $1,057,501 | -$275,334 | $977,132 | $18,912 | $958,220 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $867,500
- Program service revenue
- $0
- Investment income
- $3,291
- Other revenue
- $20,118
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $31,905
- Accounting fees
- $47,400
- Program services (functional)
- $706,813
- Management and general (functional)
- $93,180
- Fundraising (functional)
- $108,250
Balance sheet and other
- Total assets, start of year
- $912,784
- Total assets, end of year
- $892,155
- Total liabilities, end of year
- $21,313
- Net assets, end of year
- $870,842
- Net assets without donor restrictions
- $795,842
- Net assets with donor restrictions
- $75,000
- Gross receipts
- $890,909
- Employees
- 0
- Volunteers
- 26
- Year formed
- 1984
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICK LANTZ | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| MARC R CORRIVEAU | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| SARAH GONZALES | TREASURER Trustee or director, Officer | 0.5 | $0 |
| SUZANNE MILLER ALLEN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| LAURA APPEL | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ANGELA AYERS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| GEORGE COOK III | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JASON GRIFFIN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| VALERIE KNOL | BOARD MEMBER Trustee or director | 0.5 | $0 |
| TREVOR LAUER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| EMILY MCGRAW | BOARD MEMBER Trustee or director | 0.5 | $0 |
| NATALIE STEWART MITCHELL | BOARD MEMBER Trustee or director | 0.5 | $0 |
| KRISTIN MIXON | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ELEANOR REECE | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JOSEPH ROHATYNSKI | BOARD MEMBER Trustee or director | 0.5 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JILL SCICCHITANO | BOARD MEMBER Trustee or director | 0.5 | $0 |
| NICK SITARSKI | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JEFF STOUTENBURG | BOARD MEMBER Trustee or director | 0.5 | $0 |
| CYNTHIA STUMP | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ROBERT F TOWNSEND | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JOHN VAN FOSSEN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| BRAD WARD | BOARD MEMBER Trustee or director | 0.5 | $0 |
| RENEE WILLIAMS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| PHIL YEITER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| DAVID ZYBLE | BOARD MEMBER Trustee or director | 0.5 | $0 |
| GOVERNOR GRETCHEN WHITMER | CHAIR & EX-OFFICIO MEMBER Officer | 0.5 | $0 |
| REBECCA BAHAR-COOK | EXECUTIVE DIRECTOR & SECRETARY Officer | 10 | $0 |
990 for the year ended December 31, 2024: 23 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CYNTHIA STUMP | BOARD MEMBER Trustee or director | 0.5 | $0 |
| DEEANA AHMED | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ELEANOR REECE | BOARD MEMBER Trustee or director | 0.5 | $0 |
| GABBY BRUNO | BOARD MEMBER Trustee or director | 0.5 | $0 |
| GEORGE W COOK III | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JEFF STOUTENBURG | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| JOHN VAN FOSSEN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JOSEPH ROHATYNSKI | BOARD MEMBER Trustee or director | 0.5 | $0 |
| KELLY M HALL | BOARD MEMBER Trustee or director | 0.5 | $0 |
| KEN HAYWARD | BOARD MEMBER Trustee or director | 0.5 | $0 |
| TREVOR LAUER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ASHLEY SAVIEO | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MARC R CORRIVEAU | TREASURER Trustee or director, Officer | 0.5 | $0 |
| NICK SITARSKI | BOARD MEMBER Trustee or director | 0.5 | $0 |
| PHIL YEITER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| RICK LANTZ | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| ROBERT F TOWNSEND | BOARD MEMBER Trustee or director | 0.5 | $0 |
| SARAH GONZALES | BOARD MEMBER Trustee or director | 0.5 | $0 |
| AMY HICKS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| VALERIE KNOL | BOARD MEMBER Trustee or director | 0.5 | $0 |
| RENEE WILLIAMS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| GOVERNOR GRETCHEN WHITMER | CHAIRPERSON Trustee or director, Officer | 0.1 | $0 |
| REBECCA BAHAR-COOK | EXECUTIVE DIRECTOR Officer | 0.5 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ASHLEY VAN EK | EXECUTIVE DIRECTOR Trustee or director, Officer | 0.5 | $88,000 |
| CYNTHIA STUMP | BOARD MEMBER Trustee or director | 0.5 | $0 |
| DEEANA AHMED | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ELEANOR REECE | BOARD MEMBER Trustee or director | 0.5 | $0 |
| GABBY BRUNO | BOARD MEMBER Trustee or director | 0.5 | $0 |
| GEORGE W COOK III | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JEFF STOUTENBURG | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| JOHN VANFOSSEN | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JOSEPH ROHATYNSKI | BOARD MEMBER Trustee or director | 0.5 | $0 |
| KELLY M HALL | BOARD MEMBER Trustee or director | 0.5 | $0 |
| KEN HAYWARD | BOARD MEMBER Trustee or director | 0.5 | $0 |
| KIA FLOYD | BOARD MEMBER Trustee or director | 0.5 | $0 |
| LORI APPLE | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MARC R CORRIVEAU | TREASURER Trustee or director, Officer | 0.5 | $0 |
| NICK SITARSKI | BOARD MEMBER Trustee or director | 0.5 | $0 |
| PHIL YEITER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| RICK LANTZ | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| ROBERT F TOWNSEND | BOARD MEMBER Trustee or director | 0.5 | $0 |
| SARAH GONZALES | BOARD MEMBER Trustee or director | 0.5 | $0 |
| SHELLEY KLUG | BOARD MEMBER Trustee or director | 0.5 | $0 |
| VALERIE KNOL | BOARD MEMBER Trustee or director | 0.5 | $0 |
| RENEE WILLIAMS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| RODNEY COLE | BOARD MEMBER Trustee or director | 0.5 | $0 |
| GOVERNOR GRETCHEN WHITMER | CHAIRPERSON Trustee or director, Officer | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- 2145 COMMONS PKWY, OKEMOS, MI 48864-3987
- In care of
- % DYKEMA GOSSETT
- Principal officer (990 for 2025)
- REBECCA BAHAR-COOK, 2145 COMMONS PKWY, OKEMOS, MI 48864
- Signed the 990
- REBECCA BAHAR-COOK, EXECUTIVE DIRECTOR
- Phone
- (517) 374-9111
- Website
- WWW.MEDF.ORG
- Return prepared by
- CLARK SCHAEFER HACKETT & CO
Mission
TO LESSEN THE BURDEN OF THE GOVERNMENT OF THE STATE OF MICHIGAN, TO PROMOTE THE PUBLIC WELFARE, AND TO RELIEVE THE CONDITION OF HIGH UNEMPLOYMENT IN THE STATE OF MICHIGAN.
Program accomplishments
- INVESTMENT MISSIONS TO POSITION MICHIGAN AS THE PREMIER LOCATION IN NORTH AMERICA FOR INTERNATIONAL COMPANIES IN TARGETED INDUSTRY SECTORS. THESE MISSIONS ARE CONDUCTED BY KEY ECONOMIC DEVELOPMENT OFFICIALS TO TARGET SELECT COMPANIES AND EVENTS ABROAD, INCLUDING FIVE MISSIONS COVERING NINE COUNTRIES THAT OCCURED IN 2025.Expenses $553,499
- EDUCATIONAL EVENTS, RECEPTIONS, & CONFERENCES TO PROMOTE ECONOMIC DEVELOPMENT IN MICHIGAN. IN 2025 THESE EVENTS WERE ATTENDED BY MORE THAN 10,000 PARTICIPANTS, INCLUDING BUSINESS REPS AND NATIONAL AND INTERNATIONAL AUTOMOTIVE SUPPLIERS.Expenses $75,661
- COLLABORATION WITH OTHER LOCAL AND PRIVATE ENTITIES STRIVING TO ENSURE GROWTH AND PROVIDE AN ECONOMIC BOOST AND ENTERTAINMENT TO LOCAL COMMUNITIES. WE HOSTED TWO MAKE IT IN MICHIGAN SUMMITS IN 2025 AS WELL AS BRINGING IN THREE SITE SELECTORS TO PARTICIPATE IN A PANEL DISCUSSION AT THE MICHIGAN ECONOMIC DEVELOPER'S ASSOCIATION ANNUAL MEETING.Expenses $77,653
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 38-2527475
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1984
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S46Z)
- Assets (IRS master file)
- $892,155
- Income (IRS master file)
- $890,909
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $890,909 | $908,243 | $892,155 | XML |
| 990 | December 2024 | $687,709 | $757,753 | $912,784 | XML |
| 990 | December 2023 | $782,167 | $1,057,501 | $977,132 | XML |
| 990 | December 2022 | $934,993 | $757,498 | $1,233,709 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-2527475).
Questions about MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION
- What is the EIN of MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION?
- The employer identification number (EIN) of MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION is 38-2527475.
- Is MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION?
- The 990 for the year ended December 31, 2025 names REBECCA BAHAR-COOK.
- Who are the officers and directors of MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 27 people; 0 received compensation from the organization.
- How much revenue does MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $890,909, expenses of $908,243 and total assets of $892,155 at year end.
Other nonprofits in OKEMOS
- MICHIGAN COMMUNITY ACTION EIN 38-2292435 · last filed 990 for 2025
- MICHIGAN INFRASTRUCTURE & TRANSPORTATION ASSOCIATION INC EIN 20-2098366 · last filed 990 for 2024
- BGC NONPROFIT HOUSING CORPORATION EIN 38-3075222 · last filed 990 for 2024
- MICHIGAN REDEMPTION GAME ASSOCIATION EIN 88-2188509 · last filed 990 for 2024
- CAPITAL AREA HEALTH ALLIANCE EIN 38-3139662 · last filed 990 for 2024
- SELF STORAGE ASSOCIATION OFMICHIGAN EIN 26-0498728 · last filed 990-EZ for 2025
- MICHIGAN ORGANIZATION OF NURSE LEADERS EIN 38-3380737 · last filed 990-EZ for 2025
- CSA DETROIT EIN 84-3006916 · last filed 990-N for 2025
All nonprofits in OKEMOS · Michigan · Community improvement and capacity building