Michigan · Nonprofit
Greater Gratiot Development Inc
Greater Gratiot Development Inc (Michigan) receives grants from 3 organizations whose IRS filings report $15,000 to it, the largest being CONSUMERS ENERGY FOUNDATION ($12,500). 1 of them have funded it in more than one year.
- Revenue FY2025
- $717k
- Funders on record
- 3
- Grants received
- $15k
- Net assets
- $3.0M
What Greater Gratiot Development Inc does
Mission
To retain, expand, and attract business & industry and to participate in activities which enhance the economic climate within the Gratiot Community.
As stated on its FY2025 Form 990.
Program
The Organization services various loans which assist in a start up company or company expansion. Community economic development services are provided including small business consulting, industry retention, expansion and attraction efforts as well as community promotion and interaction among various types of state and local groups. The Organization also serves as a source for information.
$428,293 spent$15,262 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $428,293.
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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $2.9M to $3.0M (+6%).
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.
Government-grant reliance: 2017 76% · 2018 88% · 2019 89% · 2020 91% · 2021 94% · 2022 95% · 2023 90% · 2024 85% · 2025 86%. Grants only. Government contracts and fees sit inside program revenue.
88% of Greater Gratiot Development Inc’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
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.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $0 → $5k.
From the IRS filings of Greater Gratiot Development Inc’s funders (the co-funder graph). Top 2 of 3 funders by total. 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
Greater Gratiot Development Inc leans on a few funders — its largest provides 83% 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
Largest funder’s share by year: 2020 100% · 2021 100% · 2022 100% · 2023 50% — diversifying over time.
“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
100% of Greater Gratiot Development Inc's grant income comes from Michigan funders.
In-state vs out-of-state, by year
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.
Against its field
Greater Gratiot Development Inc runs a healthier operating margin than three-quarters of the 7,175 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025
Organizations like Greater Gratiot Development Inc
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
95%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for Greater Gratiot Development Inc: 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.
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 Greater Gratiot Development Inc?
- Greater Gratiot Development Inc (Michigan) receives grants from 3 organizations whose IRS filings report $15,000 to it, the largest being CONSUMERS ENERGY FOUNDATION ($12,500). 1 of them have funded it in more than one year.
- How many funders does Greater Gratiot Development Inc have?
- IRS filings report 3 organizations giving $15,000 in grants to Greater Gratiot Development Inc, 1 of which have funded it in more than one year.
- Who is the largest funder of Greater Gratiot Development Inc?
- CONSUMERS ENERGY FOUNDATION is the largest funder on record, with $12,500 in grants. The full list of funders is on this page.
- How can an organization like Greater Gratiot Development Inc 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.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 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