Enterprise Group Of Jackson Inc

Organization Overview

Enterprise Group Of Jackson Inc is located in Jackson, MI. The organization was established in 1997. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Enterprise Group Of Jackson Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Enterprise Group Of Jackson Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2022, Enterprise Group Of Jackson Inc generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $828.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ENTERPRISE GROUP WILL BUILD AND SUSTAIN A VIBRANT, DIVERSIFIED ECONOMY, THEREBY IMPROVING JACKSON'S QUALITY OF LIFE. THE ENTERPRISE GROUP'S MISSION IS TO HELP ENTREPRENEUERS AND BUSINESSES BREAK GROUND IN JACKSON COUNTY ON A NEW VENTURE OR BRING AND EXPAND A CURRENT OPERATION TO THE AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2022, THE ENTERPRISE GROUP STAFF ASSISTED CLIENTS WHO MADE COMMITMENTS TO CREATE AND RETAIN 1,241 JOBS, AND INVEST OVER 122 MILLION IN JACKSON COUNTY. THE ENTERPRISE GROUP CELEBRATED ITS 25TH YEAR AND CONTINUES TO ENHANCE ECONOMIC DEVELOPMENT INITIATIVES FOR ALL OF JACKSON COUNTY.


THROUGH THE PROCUREMENT TECHNICAL ASSISTANCE CENTER (PTAC), WHICH IS NOW KNOWN AS THE SOUTH CENTRAL MICHIGAN APEX ACCELERATOR (APEX), OVER 88.8 MILLION IN FEDERAL AND STATE CONTRACTS WERE AWARDED TO JACKSON COUNTY COMPANIES IN 2022. APEX PROVIDES SERVICES TO THE COUNTIES OF CLINTON, EATON, HILLSDALE, INGHAM, JACKSON, AND LENAWEE COUNTIES, AND THEY HAVE REGULARLY STAFFED OFFICES IN JACKSON, AT THE ENTERPRISE GROUP, AND LANSING WITH SATELITE OFFICES LOCATED IN LITCHFIELD AND ADRIAN.


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Board, Officers & Key Employees

Name (title)Compensation
Timothy Rogers
President &
$187,143
Tony Baker
Director
$0
Collin Cote
Director
$0
Martha Fuerstenau
Secretary/tr
$0
Brian Glick
Director
$0
Anthony Hurst
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $325,013
All other contributions, gifts, grants, and similar amounts not included above$433,310
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$758,323
Total Program Service Revenue$286,837
Investment income $76
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,045,436

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