Skip to content

Michigan · Nonprofit

BUSINESS LEADERS FOR MICHIGAN

BUSINESS LEADERS FOR MICHIGAN (Michigan) receives grants from 2 organizations whose IRS filings report $229,236 to it, the largest being COMERICA CHARITABLE FOUNDATION ($226,236). 1 of them have funded it in more than one year.

Revenue FY2024
$4.5M
Funders on record
2
Grants received
$229k
Net assets
$6.3M
1/2 repeat funderspeak grant-dependency 3%
01What it does

What Business Leaders for Michigan does

Mission

Business Leaders for Michigan is a nonprofit, nonpartisan statewide organization driven by ceos from the state's leading employers, all working toward a shared goal: making michigan a top 10 state for jobs, talent and a thriving economy. Guided by research and diverse perspectives, we develop strategies, shape public policy and drive initiatives that bring people and ideas together to ignite change - for growth, shared prosperity and lasting progress.

As stated on its FY2024 Form 990.

Program

  1. - bolster business climate: preserve flexibility in the workplace for employers and employees. Spearhead advocacy efforts and/or support coalitions opposing harmful proposals. Build coalitions; identify and promote alternatives to extreme proposals. Champion long-term solutions that uplift michiganders.- holistic economic development: strengthen and streamline the state's toolbox around business attraction/retention, entrepreneurship, and innovation. Link to holistic needs (I.e., tax credits, site development, access to talent, etc.).- k-12 education reform: launch michigan debuted the blm-designed district comparison dashboard to help build awareness of our public-school system's underperformance.

    $4,041,128 spent$3,660,800 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $4,041,128.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($3.7M) Expenses 100 ($3.6M) Net assets 100 ($3.4M)2018 Revenue 113 ($4.2M) Expenses 103 ($3.7M) Net assets 104 ($3.6M)2019 Revenue 111 ($4.1M) Expenses 94 ($3.4M) Net assets 135 ($4.6M)2020 Revenue 107 ($4.0M) Expenses 95 ($3.4M) Net assets 151 ($5.1M)2021 Revenue 142 ($5.3M) Expenses 102 ($3.7M) Net assets 201 ($6.8M)2022 Revenue 141 ($5.3M) Expenses 113 ($4.1M) Net assets 202 ($6.9M)2023 Revenue 109 ($4.1M) Expenses 122 ($4.4M) Net assets 193 ($6.6M)2024 Revenue 120 ($4.5M) Expenses 133 ($4.8M) Net assets 185 ($6.3M)
'17'18'19'20'21'22'23'24
Revenue (120)Expenses (133)Net assets (185)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $5.6M to $7.3M (+31%).

$4.8M
$4.8M
$5.6M
$5.6M
$7.3M
$8.3M
$7.6M
$7.7M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$153k
’17
$529k
’18
$779k
’19
$571k
’20
$1.7M
’21
$1.2M
’22
−$308k
’23
−$269k
’24
1.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Howard Ungerleider

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed101112106106114109124114
Joined·+16+15+7+16+22+18+10
No longer listed·5217827320
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income rose $3k → $115k.

From the IRS filings of BUSINESS LEADERS FOR MICHIGAN’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BUSINESS LEADERS FOR MICHIGAN leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

BUSINESS LEADERS FOR MICHIGAN draws 99% of its grant income from funders outside Michigan, across 2 states in all.

MI
OH

In-state vs out-of-state, by year

’20
’22
’23
Michigan out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like BUSINESS LEADERS FOR MICHIGAN

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Michigan

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 15%Fundraising 0%

Governance

99
board members
99%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 3 related entities

  • Business Leaders for Michigan Foundation · exempt
  • Business Leaders for Michigan Political Action Committee · exempt
  • Business Leaders for Michigan Political Action Committee II · exempt

Screen this organization

A dated, signed PDF of the compliance screen for BUSINESS LEADERS FOR MICHIGAN: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BUSINESS LEADERS FOR MICHIGAN?
BUSINESS LEADERS FOR MICHIGAN (Michigan) receives grants from 2 organizations whose IRS filings report $229,236 to it, the largest being COMERICA CHARITABLE FOUNDATION ($226,236). 1 of them have funded it in more than one year.
How many funders does BUSINESS LEADERS FOR MICHIGAN have?
IRS filings report 2 organizations giving $229,236 in grants to BUSINESS LEADERS FOR MICHIGAN, 1 of which have funded it in more than one year.
Who is the largest funder of BUSINESS LEADERS FOR MICHIGAN?
COMERICA CHARITABLE FOUNDATION is the largest funder on record, with $226,236 in grants. The full list of funders is on this page.
How can an organization like BUSINESS LEADERS FOR MICHIGAN find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Business Leaders for Michigan →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing