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Daffy

Greater Gratiot Development Inc.

Greater Gratiot Development Inc.

Ithaca, MI 48847
Tax ID38-2221284

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$473,945

Expenses

$398,435

Mission

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

About

The organization services 9 loans which were either to assist in a start up company or company expansion. Community economic development services were 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.

Interesting data from their 2020 990 filing

In the filing, the mission of the non-profit is noted as “To retain, expand, and attract business & industry and to participate in activities which enhance the economic climate within the gratiot community.”.

When referring to its responsibilities, they were outlined as: “To retain, expand, and attract business & industry and to participate in activities which enhance the economic climate within the gratiot community.”.

  • The state in which the non-profit is legally registered to operate is MI, as per legal records.
  • The filing documents the non-profit's address in 2020 as 136 SOUTH MAIN, ITHACA, MI, 488471440.
  • According to the non-profit's form, they have 4 employees on their payroll as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is $75,510.
  • The CEO remuneration plan within the organization is subject to review and approval by an independent source.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 6 independent voting members.
  • The organization was formed in 1978.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $321,340 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.