Detroit Economic Growth Corp

Social welfareFed auditsIRS 990

Social Welfare / Advocacy · DETROIT, MI · EIN 38-2192028

Overview Money In Money Out People Connected Orgs Audits Positions Interview Endorsements

About

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

Donations are NOT tax-deductible

Financial Snapshot

FY ending 2024-06-30

Revenue

$10.4M

Expenses

$10.4M

Assets

$8.0M

Liabilities

$1.1M

Financial history

$10.4M$5.2M$0

161718192021222324

RevenueExpenses

Latest FY2024: $10.4M · Peak FY2022: $10.4M · Avg: $8.7M

DETROIT ECONOMIC GROWTH CORP

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Address

500 Griswold ST STE 2200

Detroit, MI, 48226-440

Governance

Voting board members32

Independent members31

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

Compensation committeeYes

Used comp surveyYes

Board approved compYes

Initial contract exceptionNo

Public records

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