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INVEST DETROIT CDE

EIN 26-4008431 DETROIT, MI

Revenue 2024
$1,818,792
Expenses 2024
$1,299,862

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

As filed

Subsection
04
NTEE code
S31
Classification
1300
Street
950 SELDEN ST STE 360

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

INVEST DETROIT CDE'S MISSION IS TO SERVE OR MAKE LOANS OR PROVIDE EQUITY INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES OR LOW-INCOME PERSONS; TO TAKE ACTIONS TO QUALIFY AND CONTINUE THE QUALIFICATIONS AS A COMMUNITY DEVELOPMENT ENTITY; AND MAINTAIN ACCOUNTABILITY TO RESIDENTS OF LOW-INCOME COMMUNITIES THROUGH THE APPOINTMENT OF A BOARD OF DIRECTORS OF INDIVIDUALS WHO REPRESENT LOW-INCOME COMMUNITIES.

Activities or mission (Part I)

INVEST DETROIT CDE EXISTS TO SERVE OR MAKE LOANS OR PROVIDE EQUITY INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES OR LOW-INCOME PERSONS IN THE CITY OF DETROIT IN ACCORDANCE WITH NEW MARKET TAX CREDIT (NMTC) PROGRAM REQUIREMENTS.

  • PLACING NMTC ALLOCATION INTO QUALIFIED PROJECTS

    Expenses $751,657 · Revenue $1,650,782

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • 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, 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $1,818,792
    Expenses
    $1,299,862
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $1,142,564
    Expenses
    $1,196,263
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $153,307
    Expenses
    $280,479
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $758,296
    Expenses
    $751,424
    Assets (EOY)
    $4,555,871
  • 2020 · 990

    Revenue
    $656,877
    Expenses
    $674,240
    Assets (EOY)
    $4,506,401
  • 2019 · 990

    Revenue
    $800,136
    Expenses
    $723,771
    Assets (EOY)
    $4,497,993
  • 2018 · 990

    Revenue
    $3,256,083
    Expenses
    $670,247
    Assets (EOY)
    $3,885,647
  • 2017 · 990

    Revenue
    $830,954
    Expenses
    $673,409
    Assets (EOY)
    $1,319,618
  • 2016 · 990

    Revenue
    $774,988
    Expenses
    $607,714
    Assets (EOY)
    $1,153,591
  • 2015 · 990

    Revenue
    $603,668
    Expenses
    $534,711
    Assets (EOY)
    $986,606
  • 2014 · 990

    Revenue
    $1,131,323
    Expenses
    $1,524,804
    Assets (EOY)
    $943,408
  • 2013 · 990

    Revenue
    $681,235
    Expenses
    $447,579
    Assets (EOY)
    $1,316,523
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $398,457
    Assets (EOY)
    $1,116,295

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related partnerships on its 2024 return

  • COMMUNITY CAPITAL EQUITY LLC

    REAL ESTATE DEVELOPMENT · MI

  • DETROIT INNOVATE FUND I LP

    PRIVATE SECTOR FINANCING · MI

  • DETROIT INNOVATE GP LLC

    HOLDING COMPANY (GENERAL PARTNER OF DILP) · MI

  • DETROIT INVESTMENT FUND REAL ESTATE VENTURES LLC

    HOLDS REAL ESTATE EQUITY INVESTMENTS · MI

  • DETROIT INVESTMENT FUND LP

    INVESTMENT · PRIVATE SECTOR FINANCING · MI · 5.39% owned · share of income $82,861 · share of assets $682,775

  • ID CDE 13 LLC

    INVESTMENT · PROVIDE QLICI'S · MI · 0.01% owned · share of income $12 · share of assets $634 · general or managing partner

  • ID CDE 14 LLC

    INVESTMENT · PROVIDE QLICI'S · MI · share of income $2 · share of assets $688

  • ID CDE 15 LLC

    INVESTMENT · PROVIDE QLICI'S · MI · share of income $2 · share of assets $619

  • ID CDE 16 LLC

    INVESTMENT · PROVIDE QLICI'S · MI · 0.01% owned · share of income $1 · share of assets $174 · general or managing partner

  • ID CDE 17 LLC

    INVESTMENT · PROVIDE QLICI'S · MI · 0.01% owned · share of income $1 · share of assets $996 · general or managing partner

  • ID CDE 18 LLC

    INVESTMENT · PROVIDE QLICI'S · MI · 0.01% owned · share of income $2 · share of assets $773 · general or managing partner

  • ID CDE 19 LLC

    INVESTMENT · PROVIDE QLICI'S · MI · 1% owned · share of income $1 · share of assets $498

  • ID CDE 20 LLC

    INVESTMENT · PROVIDE QLICI'S · MI · 1% owned · share of income $1 · share of assets $999

  • ID CDE 21 LLC

    INVESTMENT · PROVIDE QLICI'S · MI · 1% owned · share of income $1 · share of assets $1,495

  • ID MDI LLC

    N/A · REAL ESTATE DEVELOPMENT · MI · 94.74% owned

  • IDV FUND IV LLC

    PRIVATE SECTOR FINANCING · MI

  • INDUSTRY DETROIT LEVERAGE LENDER

    NMTC SPE · MI

  • INDUSTRY DETROIT QOZB LLC

    N/A · REAL ESTATE DEVELOPMENT · MI · 18% owned · share of income $47,026 · share of assets $108,538

  • KERCHEVAL ASSOCIATES II

    REAL ESTATE DEVELOPMENT · MI

  • KERCHEVAL ASSOCIATES LLC

    REAL ESTATE DEVELOPMENT · MI

  • RENAISSANCE VENTURE CAPITAL FUND I LP

    VENTURE CAPITAL · MI

  • SELDEN LLC

    REAL ESTATE DEVELOPMENT · MI

  • SELDEN II LLC

    REAL ESTATE DEVELOPMENT · MI

Related corporations and trusts on its 2024 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.