Skip to content
Nonprofiteer
← INVEST DETROIT CDE

Form 990 for tax year 2024

Filed by INVEST DETROIT CDE.

Totals

Total revenue
$1,818,792
Total expenses
$1,299,862
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$751,657
Management and general expenses
$548,205
Fundraising expenses
$0
Program service expenses (Part III)
$751,657

Program services were 57.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DAVID BLASZKIEWICZ

    PRESIDENT & CEO

    Total calculated
    $505,334
    From this org
    $0
    From related orgs
    $454,305
    Other
    $51,029
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $404,305 related
    Bonus
    $0 + $50,000 related
    Other
    $0
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $30,329 related
    Filer's total
    $0 + $505,334 related

  • KENITA HARRIS

    LIC REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    0.5

  • KENYETTA BRIDGES

    LIC REPRESENTATIVE - PART YEAR

    Total calculated
    $0
    Hours/week
    0.5

  • CAMILLE WALKER BANKS

    LIC REPRESENTATIVE - PART YEAR

    Total calculated
    $0
    Hours/week
    0.5

  • KEONA COWAN

    CHAIRMAN

    Total calculated
    $305,619
    From this org
    $0
    From related orgs
    $261,710
    Other
    $43,909
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $237,710 related
    Bonus
    $0 + $24,000 related
    Other
    $0
    Deferred
    $0 + $16,229 related
    Nontaxable benefits
    $0 + $27,680 related
    Filer's total
    $0 + $305,619 related

  • RICHARD HOSEY

    LIC REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    0.5

  • DAVID HOWELL

    LIC REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    0.5

  • DONALD RENCHER

    LIC REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    0.5

  • CARRIE LEWAND-MONROE

    CHIEF OPERATING OFFICER

    Total calculated
    $292,311
    From this org
    $0
    From related orgs
    $265,209
    Other
    $27,102
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $241,209 related
    Bonus
    $0 + $24,000 related
    Other
    $0
    Deferred
    $0 + $5,340 related
    Nontaxable benefits
    $0 + $21,762 related
    Filer's total
    $0 + $292,311 related

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 — 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

  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
INDIVIDUALS LISTED IN PART II ARE PAID BY INVEST DETROIT FOUNDATION, A RELATED PARTY, WHO USES MARKET DATA AND APPROVAL BY THE BOARD TO DETERMINE COMPENSATION.
PART I, LINE 7
BONUSES ARE PAID BY INVEST DETROIT FOUNDATION, A RELATED PARTY, WHO USES MARKET DATA AND APPROVAL BY THE BOARD TO DETERMINE COMPENSATION. INVEST DETROIT FOUNDATION HAS AN INCENTIVE PLAN BASED ON THE ORGANIZATIONS PERFORMANCE DURING THE YEAR AND THEN THE EMPLOYEES PERFORMANCE. IF THE ORGANIZATION HITS ITS BUDGET AND STRATEGIC PLAN METRICS THEN THE BOARD OF DIRECTORS APPROVES THE BONUS POOL. THE BOARD OF DIRECTORS HAS FINAL DISCRETION ON THE BONUS PAID TO THE CEO. THE CEO AND BOARD CHAIR REVIEW AND HAVE FINAL DISCRETION ON ALL OTHER EMPLOYEE BONUSES.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
6 November 2025
IRS schema version
2024v5.2
Source object
202503119349302550

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.