DETROIT REGIONAL CHAMBER

EIN: 380477570

DETROIT, MI

Total Revenue
$11,952,629
Total Expenses
$11,459,479
Total Assets
$29,010,976
Net Assets
$18,483,789
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1903
Legal Domicile
MI
Principal Officer
SANDY BARUAH
Phone
3139644000
Tax Period
2024-07-01 to 2025-06-30

DETROIT REGIONAL CHAMBER, founded in 1903, is a mid-sized nonprofit that reported $12.0M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $11.5M left a modest 4% surplus.

Mission

THE DETROIT REGIONAL CHAMBER CARRIES OUT ITS MISSION TO POWER THE ECONOMY OF SOUTHEAST MICHIGAN THROUGH PUBLIC POLICY, ADVOCACY, ECONOMIC DEVELOPMENT, AND TALENT INITIATIVES. THE CHAMBER IMPROVES THE IMAGE AND QUALITY OF LIFE IN THE DETROIT REGION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,000
Program Service Revenue $11,137,821
Investment Income $780,772
Other Revenue $24,036
TOTAL REVENUE $11,952,629

Expense Breakdown

Grants Paid $2,500,000
Salaries & Benefits $4,859,896
Fundraising Expenses $0
Other Expenses $4,099,583
TOTAL EXPENSES $11,459,479

Year-over-Year Comparison

2024 2023 Change
Revenue $11,952,629 $10,912,696 +0.1%
Expenses $11,459,479 $8,780,394 +0.3%
Net Income $493,150 $2,132,302 -0.8%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
87
Independent Members
86
Employees
105
Volunteers
151

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$1,083,017
Total Directors
84
$684,963
Key Employees
5
$1,626,242
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SANDY K BARUAH PRESIDENT/ SECRETARY 9.00
Officer Director
$165,188 $24,211 $684,963
ARN TELLUM IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
MATTHEW ELLIOTT CHAIRMAN 1.00
Officer Director
$0 $0 $0
DANIEL PONDER TREASURER 1.00
Officer Director
$0 $0 $0
J MICHAEL BERNARD GENERAL COUNSEL 1.00
Officer Director
$0 $0 $0
KAREN BELANS CHIEF FINANCIAL OFFICER 8.00
Officer
$77,332 $11,394 $398,054
MEGAN SPANITZ CHIEF STRATEGY OFFICER 10.00
Key Emp
$99,229 $11,833 $379,350
GLENN STEVENS VICE PRESIDENT, AUTOMOTIVE 1.00
Key Emp
$0 $9,307 $295,123
BRADLEY WILLIAMS VICE PRESIDENT, GOVERNMENT 21.00
Key Emp
$136,840 $10,879 $255,236
TAMMY CARNRIKE CHIEF OPERATING OFFICER 9.00
Key Emp
$110,937 $15,451 $459,198
GREGORY HANDEL VICE PRESIDENT, EDUCATION 1.00
Key Emp
$0 $10,881 $237,335
WENDY NODGE SENIOR DIRECTOR, SIGNATURE 37.50
Highest
$171,967 $11,195 $183,162
JASON JURCZYK SENIOR DIRECTOR, ACCOUNTIN 8.00
Highest
$37,439 $10,126 $197,322
JAMES P CONNARN SENIOR DIRECTOR, MARKETING 19.00
Highest
$90,368 $5,486 $186,222
DRAKE A HAYNES DIRECTOR, INFORMATION TECH 11.00
Highest
$39,813 $8,419 $141,128
TRACY R VERNIER SENIOR DIRECTOR, ENGAGEMEN 19.00
Highest
$78,274 $9,082 $139,539
LINDA APSEY DIRECTOR 1.00
Director
$0 $0 $0
DENNIS ARCHER JR DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER BROCHERT DIRECTOR 1.00
Director
$0 $0 $0
CAROLYN CASSIN DIRECTOR 1.00
Director
$0 $0 $0
LANE COLEMAN DIRECTOR 1.00
Director
$0 $0 $0
BUD DENKER DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY FRABOTTA DIRECTOR 1.00
Director
$0 $0 $0
PAUL GLANTZ DIRECTOR 1.00
Director
$0 $0 $0
KOUHAILA HAMMER DIRECTOR 1.00
Director
$0 $0 $0
TREVOR LAUER DIRECTOR 1.00
Director
$0 $0 $0
LISA LUNSFORD DIRECTOR 1.00
Director
$0 $0 $0
FLORINE MARK DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN POLK DIRECTOR 1.00
Director
$0 $0 $0
PETER QUIGLEY DIRECTOR 1.00
Director
$0 $0 $0
SUZANNE SHANK FIRST VICE CHAIR 1.00
Director
$0 $0 $0
HUSSEIN BERRY DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM BURGESS DIRECTOR 1.00
Director
$0 $0 $0
BRIAN DEMKOWICZ DIRECTOR 1.00
Director
$0 $0 $0
JOHN DIGGINS DIRECTOR 1.00
Director
$0 $0 $0
MARK DOUGLAS DIRECTOR 1.00
Director
$0 $0 $0
LENA EPSTEIN DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE ESTEREICHER DIRECTOR 1.00
Director
$0 $0 $0
CARMEN FAKHOURY DIRECTOR 1.00
Director
$0 $0 $0
JOHN FIKANY DIRECTOR 1.00
Director
$0 $0 $0
DAVID FOLTYN DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW GODLEWSKI DIRECTOR 1.00
Director
$0 $0 $0
KENNETH KELLY DIRECTOR 1.00
Director
$0 $0 $0
JUSTIN KLIMKO DIRECTOR 1.00
Director
$0 $0 $0
RONIA KRUSE DIRECTOR 1.00
Director
$0 $0 $0
CARRIE LEAHY DIRECTOR 1.00
Director
$0 $0 $0
DAVID LEWIS DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA MOORADIAN DIRECTOR 1.00
Director
$0 $0 $0
BRIAN O'CONNELL DIRECTOR 1.00
Director
$0 $0 $0
DAVID PARENT DIRECTOR 1.00
Director
$0 $0 $0
JAMES PROPPE DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE RICE DIRECTOR 1.00
Director
$0 $0 $0
DERRON SANDERS DIRECTOR 1.00
Director
$0 $0 $0
ERROL SERVICE DIRECTOR 1.00
Director
$0 $0 $0
BENJAMIN SMITH DIRECTOR 1.00
Director
$0 $0 $0
BRUCE SMITH DIRECTOR 1.00
Director
$0 $0 $0
DUG SONG DIRECTOR 1.00
Director
$0 $0 $0
FRANK TORRE DIRECTOR 1.00
Director
$0 $0 $0
FRANK VENEGAS DIRECTOR 1.00
Director
$0 $0 $0
CARLA WALKER-MILLER DIRECTOR 1.00
Director
$0 $0 $0
ALAN YOUNG DIRECTOR 1.00
Director
$0 $0 $0
PRISCILLA ARCHANGEL DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL BICKERS DIRECTOR 1.00
Director
$0 $0 $0
GREGORY J BOCKART JR DIRECTOR 1.00
Director
$0 $0 $0
IDA BYRD-HILL DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW CULLEN DIRECTOR 1.00
Director
$0 $0 $0
DAVID DAUCH DIRECTOR 1.00
Director
$0 $0 $0
STEVE DAVIS DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM EMERSON DIRECTOR 1.00
Director
$0 $0 $0
HAJJ FLEMINGS DIRECTOR 1.00
Director
$0 $0 $0
TINA FREESE DECKER DIRECTOR 1.00
Director
$0 $0 $0
DANIEL GARRISON DIRECTOR 1.00
Director
$0 $0 $0
RONALD HALL DIRECTOR 1.00
Director
$0 $0 $0
RICHARD HAMPSON DIRECTOR 1.00
Director
$0 $0 $0
REJJI HAYES DIRECTOR 1.00
Director
$0 $0 $0
KENNETH HAYWARD DIRECTOR 1.00
Director
$0 $0 $0
HOLLIE KEIKKINEN DIRECTOR 1.00
Director
$0 $0 $0
TANYA HILL DIRECTOR 1.00
Director
$0 $0 $0
BRITTANY LAVIS DIRECTOR 1.00
Director
$0 $0 $0
RYAN MAIBACH DIRECTOR 1.00
Director
$0 $0 $0
SONYA MAYS DIRECTOR 1.00
Director
$0 $0 $0
MEGAN NORRIS DIRECTOR 1.00
Director
$0 $0 $0
LINDA PAULLIN-HEBDEN DIRECTOR 1.00
Director
$0 $0 $0
LAUREN RAKOLTA DIRECTOR 1.00
Director
$0 $0 $0
ROBERT RINEY DIRECTOR 1.00
Director
$0 $0 $0
DANIELLE RUSSELL DIRECTOR 1.00
Director
$0 $0 $0
JAY SANDHU DIRECTOR 1.00
Director
$0 $0 $0
AMY SOLEK DIRECTOR 1.00
Director
$0 $0 $0
KELVIN SQUIRES DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER THOMAS DIRECTOR 1.00
Director
$0 $0 $0
TERENCE THOMAS DIRECTOR 1.00
Director
$0 $0 $0
JASON TINSLEY DIRECTOR 1.00
Director
$0 $0 $0
THOMAS VINCENT DIRECTOR 1.00
Director
$0 $0 $0
KEVIN VOIGT DIRECTOR 1.00
Director
$0 $0 $0
KEVIN WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $11,952,629 $11,459,479 $29,010,976 $493,150
2024 $10,912,696 $8,780,394 $30,339,829 $2,132,302
2023 $9,213,511 $8,247,164 $18,430,372 $966,347
2022 $11,203,489 $9,357,168 $15,593,687 $1,846,321
2021 $3,979,312 $4,785,378 $18,443,723 $-806,066
2020 $3,052,371 $5,400,232 $16,252,825 $-2,347,861
2019 $7,566,057 $7,135,533 $15,999,287 $430,524
2018 $6,498,644 $5,973,087 $15,169,707 $525,557
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