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Michigan · Nonprofit

MONROE COUNTY BUSINESS DEVELOPMENT CORPORATION

MONROE COUNTY BUSINESS DEVELOPMENT CORPORATION (Michigan) receives grants from 4 organizations whose IRS filings report $198,500 to it, the largest being THE RALPH C WILSON JR FOUNDATION ($100,000). 4 of them have funded it in more than one year.

Revenue FY2024
$0
Funders on record
4
Grants received
$199k
Net assets
$0
4/4 repeat funderspeak grant-dependency 16%
01What it does

What Monroe County Business Development Corporation does

Mission

Growing monroe county's economy by creating new and diversified job opportunities for its citizens.

As stated on its FY2024 Form 990.

Program

  1. Assist existing businesses with growth and expansion within monroe county and to work with our regional partnerships to attract new businesses to sites within the area.

    $1,586,908 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,586,908.

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 ($313k) Expenses 100 ($247k) Net assets 100 ($821k)2018 Revenue 168 ($526k) Expenses 97 ($240k) Net assets 131 ($1.1M)2019 Revenue 100 ($312k) Expenses 129 ($319k) Net assets 139 ($1.1M)2020 Revenue 140 ($437k) Expenses 173 ($428k) Net assets 141 ($1.2M)2021 Revenue 142 ($444k) Expenses 152 ($376k) Net assets 155 ($1.3M)2022 Revenue 162 ($506k) Expenses 171 ($422k) Net assets 145 ($1.2M)2023 Revenue 355 ($1.1M) Expenses 336 ($829k) Net assets 193 ($1.6M)2024 Revenue 0 ($0) Expenses 642 ($1.6M) Net assets 0 ($0)
'17'18'19'20'21'22'23'24
Revenue (0)Expenses (642)Net assets (0)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.6M to $0 (−100%).

$823k
$1.1M
$1.2M
$1.2M
$1.3M
$1.3M
$1.6M
$0
'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

Government-grant reliance: 2017 52% · 2018 33% · 2019 51% · 2020 45% · 2021 50% · 2022 46% · 2023 61%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

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

$66k
’17
$285k
’18
−$7k
’19
$10k
’20
$69k
’21
$84k
’22
$281k
’23
−$1.6M
’24
5.3
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.

Chief executive

Tc Clements

CEO

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1817192120182517
Joined·+3+5+5+3+3+12+0
No longer listed·4334558
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $10k → $13k.

Left out of every figure on this page: $9k from one payer (the payer shares this organization's board, largest Promedica Health System Inc). These are real filings, and they are not money MONROE COUNTY BUSINESS DEVELOPMENT CORPORATION raised.

From the IRS filings of MONROE COUNTY BUSINESS DEVELOPMENT CORPORATION’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

MONROE COUNTY BUSINESS DEVELOPMENT CORPORATION leans on a few funders — its largest provides 50% of grant income and the top three 99%; half comes from just 1 funder.

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

50%
largest funder
99%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 59% · 2021 68% · 2022 94% · 2023 77% — 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

99% of MONROE COUNTY BUSINESS DEVELOPMENT CORPORATION's grant income comes from Michigan funders.

MI
OH

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

’17
’18
’19
’20
’21
’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 MONROE COUNTY BUSINESS DEVELOPMENT CORPORATION

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

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

17
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

93%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MI

Screen this organization

A dated, signed PDF of the compliance screen for MONROE COUNTY BUSINESS DEVELOPMENT CORPORATION: 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.

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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 MONROE COUNTY BUSINESS DEVELOPMENT CORPORATION?
MONROE COUNTY BUSINESS DEVELOPMENT CORPORATION (Michigan) receives grants from 4 organizations whose IRS filings report $198,500 to it, the largest being THE RALPH C WILSON JR FOUNDATION ($100,000). 4 of them have funded it in more than one year.
How many funders does MONROE COUNTY BUSINESS DEVELOPMENT CORPORATION have?
IRS filings report 4 organizations giving $198,500 in grants to MONROE COUNTY BUSINESS DEVELOPMENT CORPORATION, 4 of which have funded it in more than one year.
Who is the largest funder of MONROE COUNTY BUSINESS DEVELOPMENT CORPORATION?
THE RALPH C WILSON JR FOUNDATION is the largest funder on record, with $100,000 in grants. The full list of funders is on this page.
How can an organization like MONROE COUNTY BUSINESS DEVELOPMENT CORPORATION 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 Monroe County Business Development →

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 4 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