2021-11-12T03:42:52-06:00 2020-12-31 861065772 DELOITTE TAX LLP 200 RENAISSANCE CENTER SUITE 3900 DETROIT MI 482431313 990 2020-01-01 205885762 DETROIT BELLE ISLE GRAND PRIX INC DETR 2486482457 2555 TELEGRAPH ROAD BLOOMFIELD HILLS MI 483020954 ALICIA JANISCH PRESIDENT 2486482457 2021-11-11 1 ALICIA JANISCH XXX-XX-XXXX ALICIA JANISCH P00741382 3133963000 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z CLAUDE DENKER 2555 TELEGRAPH ROAD BLOOMFIELD HILLS MI 483020954 1503100 0 X WWW.DETROITGP.COM X 2006 MI REVITALIZE THE CITY OF DETROIT AND RAISE FUNDS TO PRESERVE AND IMPROVE BELLE ISLE PARK. 4 3 0 40 0 0 8316872 1503100 7334138 0 0 0 0 0 15651010 1503100 0 0 0 0 0 0 55000 0 80400 15596010 1660076 15651010 1660076 0 -156976 3029790 1338022 4474960 2940168 -1445170 -1602146 (1) PROMOTES THE REVITALIZATION OF ECONOMICALLY DEPRESSED AREAS OF THE CITY OF DETROIT BY CONDUCTING MOTOR VEHICLE RACING EVENTS; AND (2) TO RAISE FUNDS FOR THE PRESERVATION AND IMPROVEMENT OF BELLE ISLE PARK. 0 0 830741 PROMOTES THE REVITALIZATION OF ECONOMICALLY DEPRESSED AREAS OF THE CITY OF DETROIT BY CONDUCTING MOTOR VEHICLE RACING EVENTS. THE 2020 EVENT WAS CANCELED DUE TO THE PANDEMIC RAISES FUNDS FOR THE PRESERVATION AND IMPROVEMENT OF BELLE ISLE PARK, WHICH SERVES AS A UNIQUE BACKDROP FOR A POPULAR RACING EVENT AND REMAINS FOR THE LONG-TERM ENJOYMENT OF PARK VISITORS. 830741 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 16 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 1 0 0 0 1 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 MI X TRACY SUTTER 2486482357 2555 TELEGRAPH ROAD BLOOMFIELD HILLS MI 48302 X ERIC B LARSON VICE PRESIDENT 1.00 23.00 X X 0 420228 39069 ROGER S PENSKE CHAIRMAN 1.00 1.00 X X 0 0 0 CLAUDE H DENKER PRESIDENT 1.00 1.00 X X 0 0 0 CAMERON H PIGGOTT SECRETARY/TREASURER 1.00 4.00 X X 0 0 0 0 420228 39069 0 0 1 0 STRATEGIC STAFFING SOLUTIONS 3011 W GRAND BLVD DETROIT MI 48202 CONTRACT LABOR 299548 B&K RENTALS AND SALES CO INC 15055 MARLBORO PIKE UPPER MARLBORO MD 20772 GRANDSTAND RENTAL AND CONSTRUCTION 148028 FULKERSON GROUP 280 N OLD WOODWARD AVE BIRMINGHAM MI 48009 SPONSORSHIP SALES 115046 3 1503100 1503100 1503100 0 0 0 483244 483244 29776 29776 104708 65433 39275 42477 42477 12137 12137 276923 222080 54843 22028 22028 55497 55497 83995 83995 GRAND PRIX EVENT 196179 196179 CONSTRUCTION/RACE SETUP 162530 82130 80400 RENTAL EQUIPMENT 125427 125427 MARKETING 65155 65155 1660076 830741 748935 80400 96270 905465 2703594 24575 167407 363172 11360120 11315310 62519 44810 3029790 1338022 309258 91629 3446194 2648539 719508 200000 4474960 2940168 X -1445170 -1602146 -1445170 -1602146 3029790 1338022 -156976 0 X 0 1 X 0 0 X 7277854 7101713 8449548 8316872 1503100 32649087 6803118 6995630 7413951 7334139 0 28546838 14080972 14097343 15863499 15651011 1503100 61195925 6745555 6957933 7184444 7408319 1500000 29796251 935484 1013442 844430 1523791 4317147 7681039 7971375 8028874 8932110 1500000 34113398 27082527 14080972 14097343 15863499 15651011 1503100 61195925 0.44260 0.44680 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7005848 6983513 22335 4354272 4331797 22475 44810 ACCRUED EXPENSES 200000 200000 X X X X 1 FULKERSON GROUP 280 N OLD WOODWARD AVENUE BIRMINGHAM MI 48009 GRAND PRIXMIERE SALES 0 0 32083 -32083 32083 -32083 MI 0 0 0 0 0 0 0 0 0 ERIC B LARSON VICE PRESIDENT 0 314884 0 100000 0 5344 0 15629 0 23440 0 459297 0 0 PENSKE AUTOMOTIVE GROUP 35% CONTROLLED ENTITY OF DIRECTOR/OFFICER 8783 INDEPENDENT CONTRACT AGREEMENT 0 PENSKE CORPORATION 35% CONTROLLED ENTITY OF DIRECTOR/OFFICER 47267 INDEPENDENT CONTRACT AGREEMENT 0 FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIP: ROGER PENSKE, CHAIRMAN, IS CEO OF PENSKE CORPORATION AND CLAUDE DENKER, PRESIDENT, IS EMPLOYED BY PENSKE CORPORATION. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF THE CORPORATION CONSISTS OF ONE CLASS AND ONE MEMBER, DOWNTOWN DETROIT PARTNERSHIP, INC. THE MEMBER HAS THE POWER TO AMEND AND REPEAL THE BYLAWS OF THE CORPORATION AND TO ELECT ALL MEMBERS OF THE BOARD OF DIRECTORS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A DOWNTOWN DETROIT PARTNERSHIP, INC., AS THE SOLE MEMBER OF THE ORGANIZATION, ELECTS ALL MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B DOWNTOWN DETROIT PARTNERSHIP, INC., AS THE SOLE MEMBER, HAS CERTAIN RESERVED POWERS. FORM 990, PART VI, SECTION A, LINE 8A THE ORGANIZATION WAS CREATED TO HOST INTERMITTENT AUTO RACING EVENTS. THERE WERE NO INDEPENDENT BOARD MEETINGS HELD, BUT DOWNTOWN BELLE ISLE GRAND PRIX, INC. ("DBIGP") MATTERS ARE DISCUSSED AT DOWNTOWN DETROIT PARTNERSHIP ("DDP") BOARD MEETINGS AND ALL DBIGP BOARD MEMBERS ARE ALSO MEMBERS OF THE DDP BOARD, EXCEPT FOR ONE MEMBER. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE MEMBER HAS THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT REVIEWS AND SIGNS THE FORM 990 BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. THE BOARD OF DIRECTORS REVIEWS THE ANNUAL AUDIT, WHICH IS USED TO PROVIDE THE FORM 990 INFORMATION. A COPY OF FORM 990 IS ALSO PROVIDED TO THE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO VERBALLY DISCLOSE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS REQUIRED TO BE MADE AVILABLE TO THE PUBLIC ARE AVAILABLE FOR PUBLIC INSPECTION UPON WRITTEN REQUEST. FORM 990, PART VII, SECTION B THE PAYMENTS REPORTED ON FORM 990, PART VII, SECTION B REPRESENTS PAYMENTS FOR BOTH GOODS AND SERVICES. THERE IS NO EASY WAY TO SEPARATE COST OF MATERIALS AND SERVICES. DOWNTOWN DETROIT PARTNERSHIP INC 1 CAMPUS MARTIUS SUITE 380 DETROIT MI 48226 383436456 PROVIDE A CLEAN, SAFE DOWNTOWN MI 501(C)(3) LINE 7 170(B)(1)(A) N/A 0 DETROIT DOWNTOWN INC 1 CAMPUS MARTIUS SUITE 380 DETROIT MI 48226 380389330 PROVIDE A CLEAN, SAFE DOWNTOWN MI 501(C)(4) N/A DOWNTOWN DETROIT PARTNERSHIP 1 DETROIT 300 CONSERVANCY 1 CAMPUS MARTIUS SUITE 380 DETROIT MI 48226 300002873 MAINTAIN & PROGRAM THE DETROIT 300 LEGACY GIFT TO THE CITY OF DETROIT MI 501(C)(3) LINE 10: 509(A)(2) DOWNTOWN DETROIT PARTNERSHIP 1 DDP BIKE SHARE CORPORATION 1 CAMPUS MARTIUS SUITE 380 DETROIT MI 48226 811577310 PUBLIC BIKE SHARING SYSTEM MI 501(C)(3) LINE 10: 509(A)(2) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0