2020-11-13T06:59:10-06:00 2019-12-31 381357951 PLANTE & MORAN PLLC 2601 CAMBRIDGE CT STE 500 AUBURN HILLS MI 48326 990 2019-01-01 831361974 DETROIT REGIONAL PARTNERSHIP FOUNDATION DETR 3135185600 1001 WOODWARD AVENUE NO 800 DETROIT MI 48226 MAUREEN DONOHUE KRAUSS PRESIDENT & CEO 3135185600 2020-10-09 1 TINA PETERS P00904574 2483757100 2020-10-09 24.127.213.245 2020-10-09 12:44:55 ED P 737380BCD7AD51223FD12A91753DF01CE9F34789 D1A42FCEE5CBCA1835161BC59C75369F1B7E9248 2019 2021-01-29 14:40:06Z MAUREEN DONOHUE KRAUSS 1001 WOODWARD AVENUE NO 800 DETROIT MI 48226 4948198 0 X WWW.DETROITREGIONALPARTNERSHIP.COM X 2018 MI THE DRPF IS AN ECONOMIC DEVELOPMENT ORGANIZATION. IT SEEKS TO MARKET THE 11-COUNTY SOUTHEAST MICHIGAN REGION TO BOTH DOMESTIC AND GLOBAL INVESTORS WITH THE GOAL OF ATTRACTING NEW BUSINESS, JOB OPPORTUNITIES AND INVESTMENT TO SOUTHEAST MICHIGAN. 15 15 15 16 0 0 0 4939766 0 0 0 8432 0 0 0 4948198 0 0 0 0 0 1451001 0 0 0 0 1455028 0 2906029 0 2042169 0 2330048 0 287879 0 2042169 TO AGGRESSIVELY MARKET, GROW AND SUPPORT THE 11-COUNTY SOUTHEAST MICHIGAN REGION. 0 0 1508191 BUSINESS DEVELOPMENT: DRPF FULLY COMMENCED PROGRAM OPERATIONS ON JULY 1, 2019. BY DECEMBER 31, 2019, THE BUSINESS DEVELOPMENT TEAM WAS ABLE TO WIN 13 NEW PROJECTS FOR THE REGION. THESE NEW PROJECTS RESULTED IN $684 MILLION IN NEW INVESTMENT TO THE REGION, 3,471 NEW JOBS (839 OF THOSE BEING PATHWAY JOBS), $249 MILLION IN ADDITIONAL PAYROLL AND $74.5 MILLION IN ADDITIONAL FEDERAL, STATE AND LOCAL TAXES. 292213 RESEARCH: IN 2019 THE RESEARCH PROGRAM WAS ABLE TO PRODUCE REGIONAL ECONOMY WHITE PAPERS, SUPPORT PARTNERS WITH NUMEROUS REQUESTS FOR INFORMATION, AND BEGAN WORK ON ESTABLISHING A COLLABORATIVE DASHBOARD OF CRITICAL METRICS FOR THE REGION. THE RESEARCH TEAM ALSO PLAYED A CRITICAL ROLE IN SUPPORTING THE LEAD GENERATION PROCESS OF THE BUSINESS DEVELOPMENT TEAM LEVERAGING DATA-DRIVEN, CLUSTER BASED INTELLIGENCE, AS WELL AS SUPPORTING THE RFI PROCESS ASSOCIATED WITH EACH OF THE 53 PROJECTS THE ORGANIZATION ENGAGED IN THROUGHOUT 2019. 252300 SEMI ECOSYSTEM: THE SOUTHEAST MICHIGAN ECOSYSTEM IS A CONVENING OF ORGANIZATIONS TO ADDRESS CONCERNS FROM PROSPECTIVE COMPANIES CONSIDERING THE REGION. THESE ORGANIZATIONS WORK TOGETHER TO IMPROVE THE ECONOMIC FOUNDATION OF THE 11-COUNTY SOUTHEAST MICHIGAN REGION AND MAKE OUR REGION A MORE ATTRACTIVE PLACE TO DO BUSINESS. IN 2019, THE ECOSYSTEM WAS FORMED AND SIGNED COMMITMENT LETTERS TO SUPPORT OUR PROSPECTS. WE HAVE ALSO WORKED WITH MANY ECOSYSTEM PARTICIPANTS TO ATTRACT NEW BUSINESSES TO THE REGION. 2052704 1 1 0 0 0 0 0 0 0 0 1 0 0 0 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 1 0 1 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MI X TESIA MAMASSIAN 3135185600 1001 WOODWARD AVENUE SUITE 800 DETROIT MI 48826 BARRY MATHERLY PRESIDENT & CEO 39.00 1.00 X 463145 0 32586 JUSTIN ROBINSON SVP, BUSINESS DEVELOPMENT 1.00 0.00 X 113648 0 9097 TESIA MAMASSIAN SECRETARY 39.00 1.00 X 37636 0 1357 GERRY ANDERSON CHAIRMAN 1.00 1.00 X X 0 0 0 SANDY BARUAH DIRECTOR 1.00 1.00 X 0 0 0 MATT CULLEN DIRECTOR 1.00 1.00 X 0 0 0 DAVID COULTER DIRECTOR 1.00 1.00 X 0 0 0 MIKE DUGGAN DIRECTOR 1.00 1.00 X 0 0 0 WARREN EVANS DIRECTOR 1.00 1.00 X 0 0 0 MARK HACKEL DIRECTOR 1.00 1.00 X 0 0 0 CHRIS ILLITCH DIRECTOR 1.00 1.00 X 0 0 0 WRIGHT LASSITER DIRECTOR 1.00 1.00 X 0 0 0 CHIP MCCLURE DIRECTOR 1.00 1.00 X 0 0 0 LA JUNE MONTGOMERY TABRON DIRECTOR 1.00 1.00 X 0 0 0 CINDY PASKY DIRECTOR 1.00 1.00 X 0 0 0 RAY SCOTT DIRECTOR 1.00 1.00 X 0 0 0 RAY TELANG DIRECTOR 1.00 1.00 X 0 0 0 GARY TORGOW DIRECTOR 1.00 1.00 X 0 0 0 DAVE MEADOR TREASURER 1.00 1.00 X 0 0 0 614429 0 43040 2 0 1 0 WHIM DETROIT LLC 241 MADISON STREET PO BOX 29 DETROIT MI 48226 IT SUPPORT SERVICES 292949 BOSTON CONSULTING GROUP PO BOX 75200 CHICAGO IL 60675 ECOSYSTEM ANALYSIS CONSULTING 175000 THE BROOKINGS INSTITUTION 1775 MASSACHUSETTS AVENUE WASHINGTON DC 20036 PATHWAY JOBS PROGRAM CONSULTING 145000 3 252000 4687766 4939766 8432 8432 4948198 0 0 8432 X 534725 347011 187714 709411 406133 303278 15042 14969 73 102884 87928 14956 88939 68389 20550 4157 2591 1566 60000 37395 22605 303965 128503 175462 126112 104639 21473 51289 51289 103091 84899 18192 60679 60679 57801 47010 10791 34776 28639 6137 STRATEGIES & STUDIES 345886 345886 MARKET RESEARCH 173503 173503 MEMBERSHIPS/DUES 81329 19639 61690 PROF DEVELOPMENT 50082 41244 8838 2358 2358 2906029 2052704 853325 0 0 590121 0 1362866 0 77757 254081 34777 0 219304 0 80000 0 2330048 0 287879 0 287879 X 0 2042169 0 2042169 0 2330048 2042169 0 X 0 1 X 1 0 X 4939766 4939766 4939766 4939766 1633288 3306478 8432 8432 4948198 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14299 1341 12958 137176 27763 109413 102606 5673 96933 219304 X X X 0 0 0 0 0 0 0 0 0 BARRY MATHERLY PRESIDENT & CEO 400445 0 50000 0 12700 0 13752 0 18834 0 495731 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 WILL FIRST BE REVIEWED BY THE PRESIDENT & CEO, MAUREEN KRAUSS AND THE MEMBERS OF OUR FINANCE/AUDIT COMMITTEE, DAVID MEADOR, TREASURER AND RAY TELANG, DIRECTOR/COMMITTEE MEMBER. ONCE REVIEWED BY THE PARTIES ABOVE, THE 990 WILL BE SHARED WITH THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C INTERESTED DIRECTORS SHALL NOT VOTE UPON ANY MATTER IN WHICH A CONFLICT OF INTEREST EXISTS BUT MAY BE COUNTED IN DETERMINING A QUORUM FOR THE MEETING AT WHICH THE MATTER IS VOTED UPON. WHEN MAKING DECISIONS IN WHICH A CONFLICT OF INTEREST EXISTS PURSUANT TO THE CORPORATION'S CONFLICT OF INTEREST POLICY, THE BOARD SHOULD OBTAIN AND RELY ON APPROPRIATE COMPARABILITY DATA. THE MINUTES OF THE MEETING SHOULD REFLECT THAT THE DISCLOSURE WAS MADE, THAT THE INTERESTED DIRECTOR OR COMMITTEE MEMBER ABSTAINED FROM VOTING, WHETHER HIS OR HER PRESENCE WAS COUNTED IN DETERMINING A QUORUM, AND WHETHER COMPARABILITY DATA WAS CONSIDERED AND USED AS A BASIS FOR MAKING THE DECISION. FORM 990, PART VI, SECTION B, LINE 15 IN ESTABLISHING THE COMPENSATION OF THE CORPORATION'S OFFICER'S FIVE HIGHEST COMPENSATED EMPLOYEES, THE CORPORATION SHALL: (I) FOLLOW ITS CONFLICT OF INTEREST POLICY AS IN EFFECT AT THE TIME THE COMPENSATION IS APPROVED; (II) APPROVE SUCH COMPENSATION ARRANGEMENTS IN ADVANCE OF PAYING COMPENSATION; AND (III) DOCUMENT IN WRITING THE DATE AND TERMS OF APPROVED COMPENSATION ARRANGEMENTS. WITH RESPECT TO SUCH COMPENSATION AND ANY OTHER FINANCIAL ARRANGEMENTS WITH THE CORPORATION'S OFFICERS, DIRECTORS, TRUSTEES, EMPLOYEES, AND INDEPENDENT CONTRACTORS, THE CORPORATION SHALL: (I) RECORD IN WRITING THE DECISION MADE BY EACH INDIVIDUAL WHO DECIDED OR VOTED ON SUCH ARRANGEMENTS; (II) BASE SUCH FINANCIAL ARRANGEMENTS ON AMOUNTS PAID BY SIMILARLY SITUATED TAX-EXEMPT OR TAXABLE ORGANIZATIONS FOR SIMILAR SERVICES, CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS OR ACTUAL WRITTEN OFFERS FROM SIMILARLY SITUATED ORGANIZATIONS; AND (III) RECORD IN WRITING THE INFORMATION RELIED UPON IN BASING ITS DECISION AND THE SOURCE OF SUCH INFORMATION. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 128,503. MANAGEMENT AND GENERAL EXPENSES 175,462. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 303,965. 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