Nonprofit · EIN 27-3157523
MICHIGAN ISRAEL BUSINESS ACCELERATO
Tax-exempt · DETROIT, MI 48226
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $353,207 | $656,040 | -$302,833 | $1,183,354 | $513,937 | $669,417 |
| December 31, 2023 | 990 | $436,796 | $514,597 | -$77,801 | $1,466,701 | $494,451 | $972,250 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $309,065
- Program service revenue
- $3,750
- Investment income
- $40,392
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $571,509
- Management and general (functional)
- $84,531
Balance sheet and other
- Total assets, start of year
- $1,466,701
- Total assets, end of year
- $1,183,354
- Total liabilities, end of year
- $513,937
- Net assets, end of year
- $669,417
- Net assets without donor restrictions
- $669,417
- Gross receipts
- $353,207
- Employees
- 0
- Volunteers
- 19
- Year formed
- 2010
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SCOTT HIIPAKKA | CHIEF EXECUTIVE OFFICER (END JAN 2025) Officer | 20 | $0 | $271,200 | $19,401 |
| MATT ELLIOTT | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JAMES MEEKS | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| REGINE BEAUBOEUF | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| GAHL BERKOOZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MARC BLECKMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BETH CHAPPELL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRAD COMMENT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE DERGIS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BETH GOTTHELF | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| HOWARD HANDLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BETH HILL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SHIMON G LEVY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| QUENTIN L MESSER JR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LISA PRASAD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUSTIN ROBINSON | DIRECTOR Trustee or director | 1 | $0 |
| ALYSSA TRACEY | DIRECTOR Trustee or director | 1 | $0 |
| EVAN WEINER | DIRECTOR Trustee or director | 1 | $0 |
| LAWRENCE WOLFE | DIRECTOR Trustee or director | 1 | $0 |
| MARK DAVIDOFF | DIRECTOR (END DEC 2024) Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| SCOTT HIIPAKKA | CHIEF EXECUTIVE OFFICER Officer | 20 | $0 | $117,341 |
| MATT ELLIOT | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JAMES MEEKS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| REGINE BEAUBOEUF | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| GAHL BERKOOZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARC BLECKMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BETH CHAPPELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRAD COMMENT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK DAVIDOFF | DIRECTOR Trustee or director | 2.5 | $0 | $0 |
| MIKE DERGIS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| BETH GOTTHELF | DIRECTOR Trustee or director | 1 | $0 | $0 |
| QUENTIN L MESSER JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA PRASAD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUSTIN ROBINSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALYSSA TRACEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HOWARD UNGERLEIDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EVAN WEINER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LAWRENCE WOLFE | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 407 E FORT ST STE 205, DETROIT, MI 48226-2958
- Principal officer (990 for 2024)
- MARK DAVIDOFF, 407 EAST FORT STREET 205, DETROIT, MI 482262958
- Signed the 990
- MARK DAVIDOFF, CEO
- Phone
- (734) 904-4837
- Website
- WWW.MICHIGANISRAEL.COM
- 990-N for 2015 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Pamela Lippitt, 6735 Telegraph Rd, Bloomfield Hills MI 48301. Mailing address: 6735 Telegraph Rd, Bloomfield Hills MI 48301.
- Return prepared by
- REHMANN ROBSON LLC
Mission
MIBAF HAS ADOPTED A MISSION TO ADVANCE MICHIGAN'S INNOVATION ECOSYSTEM, ONE ISRAELI CONNECTION AT A TIME.
Program accomplishments
- DURING 2024, THE MICHIGAN ISRAEL BUSINESS ACCELERATOR FOUNDATION (MIBAF) AND ITS AFFILIATED ORGANIZATION, THE MICHIGAN ISRAEL BUSINESS ACCELERATOR (MIBA), SUPPORTED OVER 450 COMPANIES, FACILITATED 280 CONNECTIONS, AND GENERATED $9 MILLION IN COLLABORATIONS. THE ORGANIZATIONS HOSTED FIVE INBOUND DELEGATIONS AND ADVANCED PARTNERSHIPS WITH ECONOMIC DEVELOPMENT ENTITIES IN MICHIGAN AND ISRAEL THROUGH TRADE MISSIONS, BUSINESS CONNECTIONS, AND COMMUNITY ENGAGEMENT EVENTS. AS THE ONLY STATE-SUPPORTED, COUNTRY-SPECIFIC ECONOMIC DEVELOPMENT ORGANIZATION, MIBA CONNECTS MICHIGAN WITH ISRAEL'S INNOVATION ECONOMY, ACCELERATES THE STATE'S INNOVATION PIPELINE, AND, THROUGH THE ELEVATOR - THE ONLY U.S. LANDING HUB FOR ISRAELI COMPANIES - POSITIONS MICHIGAN INDUSTRIES FOR THE FUTURE.Expenses $571,509 · revenue $3,750
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-3157523
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S40)
- Assets (IRS master file)
- $1,183,354
- Income (IRS master file)
- $353,207
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $353,207 | $656,040 | $1,183,354 | XML |
| 990 | December 2023 | $436,796 | $514,597 | $1,466,701 | XML |
| 990 | December 2022 | $556,601 | $405,973 | $1,350,588 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: Pamela Lippitt Filed under this EIN, most likely by a chapter or affiliate | December 31, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-3157523).
Questions about MICHIGAN ISRAEL BUSINESS ACCELERATO
- What is the EIN of MICHIGAN ISRAEL BUSINESS ACCELERATO?
- The employer identification number (EIN) of MICHIGAN ISRAEL BUSINESS ACCELERATO is 27-3157523.
- Is MICHIGAN ISRAEL BUSINESS ACCELERATO tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to MICHIGAN ISRAEL BUSINESS ACCELERATO tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MICHIGAN ISRAEL BUSINESS ACCELERATO file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MICHIGAN ISRAEL BUSINESS ACCELERATO due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MICHIGAN ISRAEL BUSINESS ACCELERATO last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MICHIGAN ISRAEL BUSINESS ACCELERATO?
- The 990 for the year ended December 31, 2024 names MARK DAVIDOFF.
- Who are the officers and directors of MICHIGAN ISRAEL BUSINESS ACCELERATO?
- The 990 for the year ended December 31, 2024 lists 20 people; 0 received compensation from the organization.
- How much revenue does MICHIGAN ISRAEL BUSINESS ACCELERATO have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $353,207, expenses of $656,040 and total assets of $1,183,354 at year end.
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