Through a partnership with IMPLAN, Independent Sector will be releasing economic data on nonprofits for each congressional district
(DETROIT, October 26, 2017) – Today, Independent Sector released economic data on Detroit’s nonprofit community at Our Common Future, a joint conference co-hosted with the Michigan Nonprofit Association and the Council of Michigan Foundations.
According to the first-of-its-kind study, the 3,500 501(c)(3) nonprofit organizations in six congressional districts in the Detroit region have generated a total impact of more than 240,000 jobs that contribute nearly $18 billion in economic activity throughout the region.
The Detroit release offers the first glimpse of an unprecedented study on the economic impact of the nonprofit sector. The full set of economic impact data on the 435 congressional districts will be released in 2018. These reports will also include information about employee compensation, proprietor income, tax on production and imports, the sector’s impact on payroll tax revenue, and the value of volunteer time.
“This data is proof that charitable organizations make a powerful and substantial economic contribution to their communities,” said Daniel J. Cardinali, president and CEO of Independent Sector. “Understanding and using this economic data is absolutely critical to the social sector making its case to policymakers, donors, and the public. We are thrilled to be working in partnership with IMPLAN to pilot the release of this data in Detroit with the goal of providing all nonprofit organizations with this information next year.”
“We are excited to work with Independent Sector to bring this robust economic impact data to the charitable sector,” said William Ault, CEO of IMPLAN. “Nonprofit organizations are a bedrock of American society and this data will help educate people around the sector’s role in improving lives and communities across the country.”
“This data provided by Independent Sector confirms how important our nonprofit charitable organizations are as job providers in supporting the economic engine that drives Detroit and Southeast Michigan,” said Robert S. Collier, president and CEO of the Council on Michigan Foundations.
“This analysis is a valuable contribution in providing concrete numbers toward what we’ve always known: that Michigan nonprofit organizations have a critical place in the economic vitality of the state,” said Donna Murray-Brown, president and CEO of the Michigan Nonprofit Association.
Leaders from Independent Sector, IMPLAN, Strategy Arts, Americans for the Arts, and YMCA of the USA will be speaking in a session at Our Common Future at 10:30-noon today to discuss using this economic impact data to tell nonprofit organizations’ stories of impact.
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Independent Sector is the only national membership organization that brings together a diverse set of nonprofits, foundations, and corporations to advance the common good. Learn more at independen1stg.wpengine.com.
Contact:
Kristina Gawrgy Campbell
202-467-6144
kristinac@independen1stg.wpengine.com
