Greater Gratiot Development Inc

Community development organization based in Ithaca, MI. 4 employees. Exempt under §501(c)(3).

MissionTo retain, expand, and attract business & industry and to participate in activities which enhance the economic climate within the Gratiot Community.

EIN
38-2221284
State
MI
Sector
Community development
Budget band
$500K–$1M
Latest filing
TY 2024
Records
1 officers · 6 years

Financial snapshot · TY 2024

$717K
Total revenue
$548K
Total expenses
$3.0M
Net assets

Financial health · TY 2024

70
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
65.3 months of expenses
Program efficiency
70
78.2% spent on programs
Revenue diversity
8
Mix of program fees, grants & contributions

Leadership compensation

Jim Wheeler
President
$178,575
92th percentile vs. peers

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Greater Gratiot Development Inc Executive Compensation | 990 Data | DoubleNine