Michigan Israel Business Accelerator logo

Michigan Israel Business Accelerator

DETROIT, MI EIN: 26-1530156 Website

ACCELERATING MICHIGAN'S ECONOMIC GROWTH, ONE ISRAELI INNOVATION AT A TIME.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

+15.2% YoY

Revenue

$1.6M

+36.5% YoY

Net Investment Income

Expenses

$1.3M

+42.1% YoY

About Michigan Israel Business Accelerator

Based on IRS filings

Michigan Israel Business Accelerator is a nonprofit organization focused on Community Improvement & Capacity Building, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

New York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$426K$853K$1M$2M20202021202220232024
Metric202420232022
Total Assets$1,357,878$1,178,718$919,155
Revenue$1,550,000$1,135,378$851,623
Expenses$1,311,089$922,644$775,408
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$8K$11K$15K0 grants20200 grants20210 grants20221 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

SCOTT HIIPAKKACHIEF EXECUTIVE OFFICER (END…$271KBERNARD BOURGEOISDIRECTOR OF BUSINESS DEV.$119K

From 2024 filing

NameTitleHoursCompensation
MARK DAVIDOFFDIRECTOR1
MATT ELLIOTCHAIR1
JAMES MEEKSTREASURER1
REGINE BEAUBOEUFSECRETARY1
GAHL BERKOOZDIRECTOR1
MARC BLECKMANDIRECTOR1
BETH CHAPPELLDIRECTOR1
BRAD COMMENTDIRECTOR1
MIKE DERGISDIRECTOR1
BETH GOTTHELFDIRECTOR1
HOWARD HANDLERDIRECTOR1
BETH HILLDIRECTOR1
SHIMON G LEVYDIRECTOR1
QUENTIN L MESSER JRDIRECTOR1
LISA PRASADDIRECTOR1
JUSTIN ROBINSONDIRECTOR1
ALYSSA TRACEYDIRECTOR1
EVAN WEINERDIRECTOR1
LAWRENCE WOLFEDIRECTOR1
SCOTT HIIPAKKACHIEF EXECUTIVE OFFICER (END JAN 2025)20$271,200
BERNARD BOURGEOISDIRECTOR OF BUSINESS DEV.40$118,508

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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