53
Detroit Development Fund
Community Development · Detroit, Michigan
3031 W Grand Blvd Ste 505, Detroit, MI 48202-3082
EIN: 383322605· Founded: Mar 1997· 29 years active· Filing Year: 2023
Annual Revenue
$4.2M
Total Expenses
$2.7M
Total Assets
$20.3M
Program Spending
34%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$184K
6.8% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$963K
Total Payroll
$1.1M
43% of total expenses
Where the Money Goes
34%
Programs: 34%
Payroll: 43%
Other overhead: 66%
Program Revenue$904K (22%)
Total Expenses$2.7M (65%)
Payroll$1.1M (43%)
Overhead (non-program)66%
Trust Score Breakdown
Program Spending Ratio
34% of expenses go to programs
Revenue & Stability
$4.2M annual revenue
Executive Compensation
$184K total officer comp (6.8% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$20.3M in assets
Similar Community Development Nonprofits in Michigan
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.