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Eastern Market Corporatioin

Public charityFed auditsIRS 990
DBA: % JOSEPJ G KUSPA
Other · DETROIT, MI · EIN 32-0030432

About

Eastern market is organized to combat community deterioration and to lessen the burdens of government in managing its public market that has served detroit since 1891. Eastern market operates the market under an agreement with the city of detroit, which OWNS the facility. Eastern market has developed a capital improvement plan and is implementing a series of capital improvements to improve the market's ability to serve as a food center for detroit and as a catalyst for economic development. The stakeholders' vision for the eastern market district (the "market") is to leverage the attraction and legacy of the market, to build a dynamic, diverse, and unique urban district, and to strengthen the identity of the market as a food-related district by enhancing the operations of the existing public market and by developing business opportunities for specialty food retailers, food wholesale operations, restaurants, food distributors, and food processors.

In care of Josepj G Kuspa

Donations are tax-deductible
Category
Other
Employees
67
Volunteers
40

Financial Snapshot

FY ending 2024-12-31
Revenue
$6.8M
Expenses
$6.3M
Assets
$14.4M
Liabilities
$568K

Financial history

$9.7M$4.9M$0
161718192021222324
RevenueExpenses
Latest FY2024: $6.8M · Peak FY2019: $9.7M · Avg: $6.7M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$439K
EASTERN MARKET CORPORATIOIN
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Address

2934 Russell ST
Detroit, MI, 48207-482

Governance

Voting board members21
Independent members21
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Board approved compYes
Initial contract exceptionNo
Public records
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