I-69 Regional Development Corporation is a 501(c)(3) organization based in Lapeer, Michigan, registered in 2013, with $22,603 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$23K
▲ 25.0% vs prior year
Community median: $184K
Expenses (FY2024)
$15K
Net assets
$483K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for I-69 Regional Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For I-69 Regional Development Corporation: 383 mo reserves · +33% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for I-69 Regional Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For I-69 Regional Development Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $510K (FY2013) to $23K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
33.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$610K
Total liabilities
$127K
Net assets
$483K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $22,603▲25.0% | $15,128▼94.2% | $483,213▲1.6% | $610,269▲28.3% | 990 |
| 2023 | $18,082▲127% | $261,717▲1251% | $475,738▼33.9% | $475,738▼33.9% | 990 |
| 2022 | $7,975▼11.4% | $19,367▲1703% | $719,373▼1.6% | $719,892▼1.5% | 990 |
| 2021 | $9,002▼59.6% | $1,074▼68.7% | $730,765▲1.1% | $730,765▲1.0% | 990 |
| 2020 | $22,303▼9.5% | $3,427▼17.8% | $722,837▲2.7% | $723,839▲2.7% | 990 |
| 2019 | $24,650▼74.1% | $4,170▼77.8% | $703,961▲3.0% | $705,055▲2.8% | 990 |
| 2018 | $95,190▼17.6% | $18,751▲19.2% | $683,481▲12.6% | $685,698▲12.4% | 990 |
| 2017 | $115,472▲220% | $15,734▼79.4% | $607,042▲19.7% | $610,083▲20.0% | 990 |
| 2016 | $36,084▲3.3% | $76,378▲353% | $507,304▼7.4% | $508,387▼9.3% | 990 |
| 2015 | $34,918▼2.9% | $16,857▲44.0% | $547,598▲3.4% | $560,217▲4.9% | 990 |
| 2014 | $35,970▼92.9% | $11,709▲154% | $529,537▲4.8% | $534,208▲4.8% | 990 |
| 2013 | $509,879 | $4,603 | $505,276 | $509,879 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for I-69 Regional Development Corporation (EIN 45-4588143) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.