EIN 84-2514445

Black Leaders Detroit

IRS 501(c) type
501(c)(3)
Num. employees
7
Year formed
2019
Most recent tax filings
2023-12-01
Description
Black Leaders Detroit's mission is to provide financial support for diverse social and community impact projects originated and led by Detroiters of African descent. They provide financial support for underfunded businesses in the Black community, distributing 29 grants totaling $193,182 and 32 loans totaling $501,450. Additionally, Black Leaders Detroit distributed $18,000 in gift certificates.
Total revenues
$2,083,363
2023
Total expenses
$1,292,932
2023
Total assets
$1,819,655
2023
Num. employees
7
2023

Program areas at Black Leaders Detroit

Black Leaders Detroit (BLD)issued over $950,000 no-interest loans and $322,000 in grants, BLD helped provide a significant financial boost to Black owned businesses and nonprofits, which often struggle to access adequate funding. BLD proudly welcomed college interns to assist in the dynamic planning and development of our *Rising Black Leaders* programan entrepreneurial initiative designed to empower and invest in high school school scholars through transformative grants. We also celebrated the spirit of entrepreneurship in style with *Detroit Drip*, a high-energy grant competition that showcased and honored over 70 of Detroits most innovative fashion designers and retailers. BLD also spearheaded a series of activations throughout Detroit, promoting the importance of shopping local and supporting our vibrant Black business community. These initiatives are all part of our commitment to fueling creativity, innovation, and economic empowerment across Detroit.

Grants made by Black Leaders Detroit

GranteeGrant descriptionAmount
Eastside Community NetworkCommunity Impact Project Support$10,000

Who funds Black Leaders Detroit

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Community Foundation for Southeast MichiganEmployment$380,000
The Gilbert Family Foundation / Matthew Rizik TteeDetroit Community Initiatives$250,000
Ralph C Wilson Jr FoundationTo Support A No-Interest Loan Program for Businesses in Detroit.$200,000
...and 20 more grants received totalling $1,573,059

Personnel at Black Leaders Detroit

NameTitleCompensation
Dwan DandridgeChief Executive Officer and Founder
Leslie D DandridgeChief Executive Officer$120,792
Ken ElkinsChief Operating Officer and Co - Founder$0
Sharea AyersDirector of Membership and Events
Kendrick ElkinsPast Chief Operating Officer$102,500

Financials for Black Leaders Detroit

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,083,363
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,083,363

Form 990s for Black Leaders Detroit

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-10990View PDF
2021-122022-11-09990View PDF
2020-122021-05-21990View PDF
Data update history
January 4, 2025
Posted financials
Added Form 990 for fiscal year 2023
December 23, 2024
Received grants
Identified 7 new grant, including a grant for $125,000 from W.K. Kellogg Foundation (WKKF)
July 11, 2024
Received grants
Identified 8 new grant, including a grant for $141,000 from Community Foundation for Southeast Michigan
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 15, 2024
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsCivic / social organizationsBusiness and community development organizationsCharities
Issues
Human servicesCommunity improvementAfrican AmericansJobs and employment
Characteristics
Fundraising eventsPeer-to-peer fundraisingState / local levelFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
2050 15th St Ste 202
Detroit, MI 48216
Metro area
Detroit-Warren-Dearborn, MI
County
Wayne County, MI
Website URL
blackleadersdetroit.org/ 
IRS details
EIN
84-2514445
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
Free account sign-up

Want updates when Black Leaders Detroit has new information, or want to find more organizations like Black Leaders Detroit?

Create free Cause IQ account