Totals
- Total revenue
- $9,492,028
- Total expenses
- $9,540,649
- Contributions and grants received
- $365,000
- Grants paid
- $0
- Program service revenue
- $8,935,095
- Investment income
- $191,933
- Other revenue
- $0
- Total assets, end of year
- $8,488,722
- Total liabilities, end of year
- $1,505,918
- Net assets or fund balances, end of year
- $6,982,804
- Program services expenses (Part IX)
- $7,949,091
- Management and general expenses
- $1,591,558
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $7,949,091
Program services were 83.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$365,000
-
2a · Program service revenue: CONTRACT INCOME
total $8,717,455 · related or exempt $8,717,455
-
2b · Program service revenue: INTEREST ON LOANS
total $114,096 · related or exempt $114,096
-
2c · Program service revenue: SERVICE FEES
total $103,544 · related or exempt $103,544
-
3 · Investment income
total $191,933 · excluded $191,933
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $1,513,229 · program services $1,240,394 · management and general $272,835
-
7 · Other salaries and wages
total $4,358,854 · program services $3,596,932 · management and general $761,922
-
8 · Pension plan contributions
total $445,196 · program services $364,927 · management and general $80,269
-
9 · Other employee benefits
total $839,620 · program services $688,236 · management and general $151,384
-
10 · Payroll taxes
total $407,308 · program services $333,871 · management and general $73,437
-
11b · Fees: legal
total $28,378 · program services $25,669 · management and general $2,709
-
11g · Fees: other
total $168,262 · program services $152,202 · management and general $16,060
-
12 · Advertising and promotion
total $192,315 · program services $157,738 · management and general $34,577
-
13 · Office expenses
total $120,300 · program services $98,845 · management and general $21,455
-
16 · Occupancy
total $510,201 · program services $419,200 · management and general $91,001
-
17 · Travel
total $1,922 · program services $1,575 · management and general $347
-
19 · Conferences, conventions and meetings
total $110,681 · program services $90,726 · management and general $19,955
-
22 · Depreciation, depletion and amortization
total $69,340 · program services $56,838 · management and general $12,502
-
23 · Insurance
total $112,469 · program services $92,411 · management and general $20,058
-
24a · Other expenses: BAD DEBT EXPENSE
total $477,734 · program services $477,734
-
24b · Other expenses: EQUIPMENT RENTAL
total $106,889 · program services $87,790 · management and general $19,099
-
24c · Other expenses: MEMBERSHIPS
total $45,585 · program services $37,389 · management and general $8,196
-
24d · Other expenses: SPECIAL PROJECTS
total $28,047 · program services $22,990 · management and general $5,057
-
24e · All other expenses
total $4,319 · program services $3,624 · management and general $695
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $85,843 · end of year $79,870
-
2 · Savings and temporary cash investments
beginning of year $4,019,730 · end of year $3,496,692
-
3 · Pledges and grants receivable
beginning of year $774,297 · end of year $513,651
-
7 · Other notes and loans receivable
beginning of year $2,029,818 · end of year $2,741,827
-
9 · Prepaid expenses and deferred charges
beginning of year $180,733 · end of year $204,067
-
10a · Land, buildings and equipment: cost or other basis
$860,847
-
10b · Land, buildings and equipment: accumulated depreciation
$781,731
-
10c · Land, buildings and equipment, net
beginning of year $118,790 · end of year $79,116
-
15 · Other assets
beginning of year $0 · end of year $1,373,499
-
17 · Accounts payable and accrued expenses
beginning of year $177,786 · end of year $79,104
-
25 · Other liabilities
beginning of year $0 · end of year $1,426,814
-
27 · Net assets without donor restrictions
beginning of year $2,978,917 · end of year $3,010,136
-
28 · Net assets with donor restrictions
beginning of year $4,052,508 · end of year $3,972,668
Mission and programs · 2022
Mission
PROMOTION OF ACTIVITIES TO SPUR ECONOMIC GROWTH AND REVITALIZATION IN THE CITY OF DETROIT
Activities or mission (Part I)
PROMOTE ECONOMIC GROWTH IN THE CITY OF DETROIT
-
PROMOTION OF ACTIVITIES TO SPUR ECONOMIC GROWTH AND REVITALIZATION IN THE CITY OF DETROIT
Expenses $7,949,091 · Revenue $8,935,095
As filed on the 2022 return.
Listed in Part VII
-
KEVIN JOHNSON
PRESIDENT AND C.E.O.
- Total calculated
- $377,783
- From this org
- $322,375
- From related orgs
- $0
- Other
- $55,408
- Hours/week
- 50 + 1 related
Schedule J breakdown matched by us
- Base
- $310,882
- Bonus
- $0
- Other
- $11,493
- Deferred
- $30,809
- Nontaxable benefits
- $24,599
- Filer's total
- $377,783
-
CONRAD L MALLETT JR
CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MARVIN BEATTY
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JOHN BLANCHARD
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
ANDRA RUSH
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MICHAEL TYSON
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JACCI WOODS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MIKYIA AARON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
APRIL ANDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
HASSAN BEYDOUN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
DAVID BLASKIEWICZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KOFI BONNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
EVA GARZA DEWAELSCHE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MIKE DUGGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MOHAMAD HAMMOUD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
KENNETH L HARRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
DIMITRIUS HUTCHERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
GEORGE W JACKSON JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MARSHAL S KLEVEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
ERIC LARSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MIKE MCLAUCHLAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
DAVID E MEADOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
DARRELL MIDDLETON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
ADELAIDE PASCARIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
CYNTHIA PASKY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MARY SHEFFIELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
NED STAEBLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
RONALD STALLWORTH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
TONY STOVALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
TERENCE A THOMAS SR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
TONY TOMCZAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
GARY TORGOW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
JAMES VELLA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
GLEN W LONG JR
EXEC. V-P OF ADMIN. AND C.F.O.
- Total calculated
- $298,915
- From this org
- $245,394
- From related orgs
- $0
- Other
- $53,521
- Hours/week
- 50 + 7 related
Schedule J breakdown matched by us
- Base
- $234,830
- Bonus
- $10,000
- Other
- $564
- Deferred
- $29,278
- Nontaxable benefits
- $24,243
- Filer's total
- $298,915
-
KENYETTA HAIRSTON-BRIDGES
EXEC. V-P, ECON. DEV. AND INV. SERV.
- Total calculated
- $263,534
- From this org
- $216,628
- From related orgs
- $0
- Other
- $46,906
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $201,171
- Bonus
- $15,000
- Other
- $457
- Deferred
- $24,555
- Nontaxable benefits
- $22,351
- Filer's total
- $263,534
-
AMANDA HANLIN
CHIEF OF STAFF
- Total calculated
- $180,568
- From this org
- $143,234
- From related orgs
- $0
- Other
- $37,334
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $128,072
- Bonus
- $15,000
- Other
- $162
- Deferred
- $13,693
- Nontaxable benefits
- $23,641
- Filer's total
- $180,568
-
REBECCA NAVIN
GENERAL COUNSEL
- Total calculated
- $251,626
- From this org
- $205,115
- From related orgs
- $0
- Other
- $46,511
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $189,836
- Bonus
- $15,000
- Other
- $279
- Deferred
- $23,038
- Nontaxable benefits
- $23,473
- Filer's total
- $251,626
-
KELLY SHOVAN
CONTROLLER
- Total calculated
- $154,146
- From this org
- $119,265
- From related orgs
- $0
- Other
- $34,881
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $114,179
- Bonus
- $5,000
- Other
- $86
- Deferred
- $13,693
- Nontaxable benefits
- $21,188
- Filer's total
- $154,146
-
MALINDA JENSEN
V-P, GOVERNMENTAL AFFAIRS
- Total calculated
- $141,113
- From this org
- $120,396
- From related orgs
- $0
- Other
- $20,717
- Hours/week
- 50
-
MARK DENSON
SR. DIR., STRATEGY AND OPERATIONS
- Total calculated
- $150,922
- From this org
- $118,432
- From related orgs
- $0
- Other
- $32,490
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $115,538
- Bonus
- $2,500
- Other
- $394
- Deferred
- $8,477
- Nontaxable benefits
- $24,013
- Filer's total
- $150,922
-
DAVID HOWELL
SR. DIR., REAL ESTATE
- Total calculated
- $144,809
- From this org
- $117,953
- From related orgs
- $0
- Other
- $26,856
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Discretionary spending account
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- THE ORGANIZATION PROVIDED AN AUTOMOBILE ALLOWANCE OF $1,000 PER MONTH AND PAID FOR A DETROIT GOLF CLUB MEMBERSHIP FOR THE PRESIDENT/CHIEF EXECUTIVE OFFICER.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
DETROIT ECONOMIC GROWTH ASSOCIATION
501(C)(3) · ECONOMIC DEVELOPMENT · MI
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421369349311427
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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