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Detriot Economic Growth Association

Public charityFed auditsIRS 990
Community Development · DETROIT, MI · EIN 38-2433720

About

Promotion of activities to SPUR economic growth and revitalization in the city of detroit

Donations are tax-deductible
Category
Community Development
Employees
0
Volunteers
0

Financial Snapshot

FY ending 2024-06-30
Revenue
$6.6M
Expenses
$8.1M
Assets
$7.0M
Liabilities
$2.4M

Financial history

$8.1M$4.0M$0
161718192021222324
RevenueExpenses
Latest FY2024: $6.6M · Avg: $5.0M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$431K
DETRIOT ECONOMIC GROWTH ASSOCIATION
Your actions

Address

150 W Jefferson AVE STE 1700
Detroit, MI, 48226-447

Governance

Voting board members31
Independent members30
Conflict-of-interest policyYes
Whistleblower policyNo
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$1.5M
Net to org$1.4M
Retained by contractors$102K
ChannelsMail · Email · In-person
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
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