EIN 81-1368616

Develop Detroit

IRS 501(c) type
501(c)(3)
Num. employees
9
Year formed
2015
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Develop Detroit is a nonprofit community development firm that focuses on providing affordable and mixed-income housing, as well as strategic economic and commercial development to stabilize and transform disinvested neighborhoods in Detroit. They renovate real estate with an integrated approach to create mixed-income communities and single-family homes for the full range of Detroiters.
Total revenues
$5,822,593
2023
Total expenses
$4,094,725
2023
Total assets
$27,747,131
2023
Num. employees
9
2023

Program areas at Develop Detroit

Real estate development - we imagine, design and build beautiful housing. We create mixed-income communities and single-family homes across Detroit for the full range of detroiters. Our work is an integrated approach to stabilizing and growing neighborhoods decimated by the recent housing crisis.

Who funds Develop Detroit

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Ford FoundationCore Support To Promote Catalytic Neighborhood Development By Creating Sustainable and Dynamic Communities That Foster Economic Stability and Community Revitalization in Detroit.$750,000
Kresge FoundationThis Grant Supports Construction of the Detroit Food Commons (DFC). DFC Is A Transformative Development Project Featuring A Cooperatively Owned Grocery Store and A Food Business Incubator in Detroits North End Neighborhood.$400,000
Kresge FoundationThis Grant Provides Three Years of General Operating Support To Develop Detroit for Its Work To Increase the Supply of Quality, Affordable Housing Through Single-Family, Multifamily and Mixed-Use Housing Projects in Detroit's Neighborhoods.$300,000
...and 9 more grants received

Personnel at Develop Detroit

NameTitleCompensation
Sonya MaysPresident and Chief Executive Officer$273,349
Craig WillianChief Investment Officer$194,851
Mark MeierChief Financial Officer$174,257
Oren BrandvainDirector , Community Investment$112,455
Alex LandauDirector of Development Services
...and 5 more key personnel

Financials for Develop Detroit

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,698,856
Program services$1,153,631
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$801,046
Net gain from sale of non-inventory assets$92,482
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$76,578
Total revenues$5,822,593

Form 990s for Develop Detroit

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-26990View PDF
2022-122023-07-24990View PDF
2021-122022-07-27990View PDF
2020-122021-07-14990View PDF
2019-122020-09-14990View PDF
...and 3 more Form 990s
Data update history
November 21, 2024
Updated personnel
Identified 1 new personnel
September 29, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 21, 2024
Received grants
Identified 4 new grant, including a grant for $150,000 from W.K. Kellogg Foundation (WKKF)
July 10, 2024
Received grants
Identified 6 new grant, including a grant for $1,000,000 from Ralph C Wilson Jr Foundation
December 23, 2023
Received grants
Identified 3 new grant, including a grant for $300,000 from Kresge Foundation
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesCommunity improvementHousingEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
1452 Randolph St 300
Detroit, MI 48226
Metro area
Detroit-Warren-Dearborn, MI
County
Wayne County, MI
Website URL
developdetroit.org/ 
Phone
(313) 960-7700
IRS details
EIN
81-1368616
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L25: Housing Rehabilitation
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
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