The Economic Club Of Grand Rapids

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237442555 ✦ Grand rapids, MI ✦ Designated as a 501(c)(6)

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Overview

What is The Economic Club Of Grand Rapids?

The Economic Club of Grand Rapids is a nonprofit organization with a primary focus on fostering connections, disseminating information, and inspiring its approximately 1,200 members about current economic issues and relevant topics of the day. Located at 220 Lyon Street NW, Suite 220, in Grand Rapids, Michigan, this organization hosts luncheon meetings with renowned speakers to keep its members informed. With a dedicated workforce of six individuals, the Economic Club of Grand Rapids serves as a vital platform for promoting dialogue and understanding in the economic sphere within its diverse community.


Official website here: www.econclub.net

Is The Economic Club Of Grand Rapids legitimate?

The Economic Club Of Grand Rapids is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Economic Club Of Grand Rapids submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $189,828
Professional Fundraising Fees: $0
Other Salaries and Wages: $144,613

For more financial information, click here


Official website here: www.econclub.net

What is the mission statement of The Economic Club Of Grand Rapids?

The Economic Club of Grand Rapids serves as a platform, aiming to connect, inform, and inspire a diverse community about current economic issues and relevant topics of the day. Through luncheon meetings with esteemed speakers, they strive to keep approximately 1,200 members updated on the latest economic trends and developments. The club's primary objective is to foster an environment of knowledge-sharing and inspiration, fostering meaningful discussions and promoting a better understanding of economic matters.


Official website here: www.econclub.net

Who is the CEO of The Economic Club Of Grand Rapids?

Natalia Kovicak is the President of The Economic Club Of Grand Rapids.


Official website here: www.econclub.net

What is the revenue of The Economic Club Of Grand Rapids?

The Economic Club Of Grand Rapids's revenue in 2023 was $2,191,293.


Official website here: www.econclub.net

Who are the executives of The Economic Club Of Grand Rapids and what are their salaries?

The average compensation at The Economic Club Of Grand Rapids during 2023 was $55,740. There are 6 employees at The Economic Club Of Grand Rapids.


Here are 6 key members and their salaries:


Natalia Kovicak (President)
  • Compensation: $170,935
  • Related: $0
  • Other: $18,893
See Attached List (Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Herr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Keane (Chair-Person)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Keller (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Wolford (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.econclub.net

Where can I find the form 990 for The Economic Club Of Grand Rapids?

The Economic Club Of Grand Rapids's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.econclub.net

Learn more at the official website: www.econclub.net

Mission Statement of The Economic Club Of Grand Rapids

The Economic Club of Grand Rapids is committed to serving its diverse community by providing a platform for connecting, educating, and inspiring individuals about today's economic issues and relevant topics of the day. Their primary objective is to keep the approximately 1,200 members informed on current economic matters through their luncheon meetings, which feature distinguished speakers. By fostering these discussions, the club aims to stimulate thought, foster understanding, and encourage informed decision-making within its membership.

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Impact




October, 2024

The Economic Club of Grand Rapids serves as a vital platform that connects, informs, and inspires the community regarding pertinent economic issues. Through its luncheon meetings featuring speakers on various economic topics, the organization engages approximately 1,200 members, creating a space for dialogue and learning. This initiative not only enhances understanding of current economic issues but also fosters a sense of community among diverse individuals. By addressing relevant topics and facilitating discussions, the club contributes significantly to the economic awareness and improvement of Grand Rapids, ultimately driving community engagement and informed decision-making.




This information is meant to be a general summary of The Economic Club Of Grand Rapids. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,191,293 (2023)
Expenses
$2,161,030 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,501
  • Program Service Revenue: $2,174,717
  • Gross Receipts: $2,262,936

Assets and Liabilities:

  • Total Assets: $746,572
  • Total Liabilities: $6,554
  • Net Assets: $740,018

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ANNUAL DINNER

Revenue

$1,226,910

MEETINGS

Revenue

$698,956

MEMBERSHIP DUES

Revenue

$248,851

Organization Details

Principal Officer

Natalia Kovicak

Main Address

220 LYON STREET NW STE 220, GRAND RAPIDS, MI, 495032209

NTEE Category

Code: S41 - Community improvement

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