NonprofitsCommunity Economic Development Association Of Michigan

Community Improvement & Capacity Building

Community Economic Development Association Of Michigan

LANSING, MI

Total revenue

$5.2M

Total expenses

$5.2M

Net assets

$2.1M

Grants received

$2.2M

30 grants

EIN

383445097

Tax year

2023

Mission

Community-based economic development to revitalize & rebuild mi communities & neighborhoods.

Programs

2 programs

Cedam manages the community development fellowship with support from the michigan economic development corporation (medc). Fellows are placed in communities engaged or certified in redevelopment ready communities (rrc) for fifteen months and work on a variety of projects to expand organizational capacity, increase local collaboration, and remove barriers to development.

Expenses: $814KGrants: $401K

80,000 americans use americorps national community service programs to give back to their communities every year. During their service, members receive invaluable professional development in the nonprofit sector, an education award matching the pell grant and a living allowance.americorps programs do more than move communities forward; they serve their members by creating jobs and providing pathways to opportunity for people entering the nonprofit field. Americorps places thousands of americans into intensive service positions where they learn valuable work skills, earn money for education, and develop an appreciation for citizenship.

Expenses: $1.5M

Financials

FY 2023

Revenue

Contributions & grants$3.8M
Program service revenue$1.3M
Investment income$65K
Other revenue$3K
Total revenue$5.2M

Expenses

Grants paid$401K
Salaries & benefits$3.8M
Fundraising
Other expenses$964K
Total expenses$5.2M
Total assets$5.0M
Net assets$2.1M

People

21 listed

NameRoleCompensation

LUKE FORREST

EXECUTIVE DIRECTOR

Board

$132K

40 hrs/wk

YOLANDA JACKSON

DIRECTOR (ENDED 5/24)

Board

1 hrs/wk

BRION EDWARDS

DIRECTOR (ENDED 5/24)

Board

1 hrs/wk

BARBARA SISTRUNK

DIRECTOR (ENDED 5/24)

Board

1 hrs/wk

CJ FELTON

DIRECTOR

Board

1 hrs/wk

LISA EVANS

DIRECTOR

Board

1 hrs/wk

PENNY PAYEA

DIRECTOR

Board

1 hrs/wk

DEAMO MURPHY

DIRECTOR

Board

1 hrs/wk

DANA CHRISTIAN

DIRECTOR

Board

1 hrs/wk

HOPE LOVELL

DIRECTOR

Board

1 hrs/wk

JONATHAN STIMSON

DIRECTOR

Board

1 hrs/wk

ZOSIA EPPENSTEINER

DIRECTOR

Board

1 hrs/wk

BRAD MICHAUD

DIRECTOR

Board

1 hrs/wk

BRYAN KIELER

DIRECTOR (STARTED 6/24)

Board

1 hrs/wk

YELENA RAMAUTAR

DIRECTOR (STARTED 6/24)

Board

1 hrs/wk

CATHERINE DISTELRATH

DIRECTOR (STARTED 6/24)

Board

1 hrs/wk

LIBBY PALACKDHARRY

SECRETARY

Board

1 hrs/wk

ANGELA AARON-BENIFIELD

TREASURER

Board

1 hrs/wk

ESSENCE WILSON

VP(ENDED 5/24)/PRESIDENT (STARTED 6/24)

Board

1 hrs/wk

RAWLEY VAN FOSSEN

PRESIDENT (ENDED 5/24)

Board

1 hrs/wk

CHARLOTTE SMITH

PAST PRESIDENT (ENDED 5/24)

Board

1 hrs/wk

Grants received

Showing 30 of 30

FromAmountPurposeYear
$100K
GENERAL SUPPORT
2024
$75K
To broaden the implementation of children's savings accounts in Michigan.
2024
$25K
PROJECT SUPPORT GRANT TO EXPAND COALITION BUILDING AND ADVOCACY EFFORTS TO INCREASE STATE FUNDING ALLOCATIONS.
2024
$10K
AMERICORPS HOST SITE FEES
2024
$10K
Combat predatory lending
2024
$150K
Jobs and Family Economic Security
2023
$100K
GENERAL SUPPORT
2023
$100K
REDUCING MICHIGAN'S ALICE RATE THROUGH INCLUSIVE ECONOMIC INITIATIVES
2023
$75K
To broaden the implementation of Children's Savings Accounts in Michigan.
2023
$25K
THIS GRANT WILL ENSURE THAT THE COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION OF MICHIGAN (CEDAM), A STATEWIDE NETWORK FOR COMMUNITY AND ECONOMIC DEVELOPMENT, IS ABLE TO EXPAND ITS COALITION-BUILDING AND ADVOCACY EFFORTS TO INCREASE STATE FUNDING ALLOCATIONS, INFORM TAX POLICY, AND CREATE EQUITABLE DEVELOPMENT ENVIRONMENTS.
2023
$10K
Combat predatory lending
2023
$10K
AMERICORPS HOST SITE FEES
2023
$100K
GENERAL SUPPORT
2022
$100K
advance state policies that increase the economic security of Michigan families through education and advocacy
2022
$100K
REDUCING MICHIGAN'S ALICE RATE THROUGH INCLUSIVE ECONOMIC INITIATIVES
2022
$75K
To broaden the implementation of Children's Savings Accounts in Michigan.
2022
$25K
See Attached General Explanation
2022
$15K
Assistance to combat predatory lending
2022
$200K
advance state policies that increase the economic security of Michigan families through education and advocacy
2021
$15K
INCREASING SERVICE YEARS AS A TALENT PIPELINE FOR LOCAL WORKFORCE DEVELOPMENT NEEDS IN DETROIT, MICHIGAN
2021
$100K
EXPANDING SERVICE DELIVERY TO SUPPORT LOW-INCOME AND VULERNABLE MICHIGANS DURING COVID-19
2020
$100K
advance state policies that increase the economic security of Michigan families through education and advocacy
2020
$75K
To broaden the implementation of children's savings accounts in Michigan.
2020
$50K
$50K COVID RESPONSE
2020
$175K
strengthen/mobilize partnerships to provide recommendations to dismantle structures that maintain racial disparities of wealth in Grand Rapids, Battle Creek, Detroit and state-wide including poverty, affordable housing, earned income tax credit usage and the lack of children's savings accounts
2019
$18K
AMERICORPS VISTA MEMBER
2018
$175K
strengthen/mobilize partnerships to provide recommendations to dismantle structures that maintain racial disparities of wealth in Grand Rapids, Battle Creek, Detroit and state-wide including poverty, affordable housing, earned income tax credit usage and the lack of children's savings accounts
2017

Funded by

$2.2M from 13 funders · 30 grants · 2017–2024

WK Kellogg Foundation

$900K · 6 grants · 2017–2023

The Ford Foundation

$300K · 3 grants · 2022–2024

Charles Stewart Mott Foundation

$300K · 4 grants · 2020–2024

Consumers Energy Foundation

$300K · 3 grants · 2020–2023

National Low Income Housing Coalition

$130K · 2 grants · 2020–2021

The Kresge Foundation

$50K · 2 grants · 2023–2024

Center for Responsible Lending

$35K · 3 grants · 2022–2024

Details

EIN383445097
NTEE codeS30
Subsection03
Ruling date1999-04
Formed1998
Employees69
Volunteers100
COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION OF MICHIGAN — Mission, Financials & Grants Received | Grantivo