From public IRS filings

Develop Detroit

DETROIT, MI · Community Improvement

EIN (Tax ID): 81-1368616Latest Form 990: 2024IRS ruling year: 2016Find their 990 filing →

Built from IRS filings (latest Form 990: tax year 2024). Develop Detroit has not reviewed or approved this page. Kindora is not affiliated with it.

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Mission

DEVELOP DETROIT, INC. IS A NONPROFIT COMMUNITY DEVELOPMENT FIRM FOCUSED ON PROVIDING AFFORDABLE AND MIXED INCOME HOUSING, AS WELL AS STRATEGIC ECONOMIC AND COMMERCIAL DEVELOPMENT THAT WILL HELP STABILIZE AND TRANSFORM DISINVESTED NEIGHBORHOODS. DDI RENOVATES AND REDEVELOPS PROPERTIES INTO HIGH QUALITY, INCLUSIVE HOUSING THAT IS WELL-DESIGNED AND ACCESSIBLE TO A BROAD RANGE OF DETROITERS. THE FIRM DEVELOPS ACROSS A WIDE RANGE OF REAL ESTATE PROJECT TYPES, INCLUDING SINGLE-FAMILY REHABILITATION AND INFILL AND MULTI- FAMILY PRESERVATION.

Financials (IRS Form 990)

Total revenue
$5.1M
Total expenses
$4.7M
Total assets
$28.4M
Program expense ratio
82%

Source: IRS Form 990, tax year 2024.

Who funds Develop Detroit

$8.9M in foundation grants on record from 17 funders — matched from IRS 990 grant line items. Some matches may be approximate.

Leadership

SONYA MAYS — PRESIDENT & CEO (Principal officer)

Names of officers and trustees come from the organization's public filings and leave this page when a later filing drops them. If you are named here and object, write to privacy@kindora.co.