Nonprofits›Corktown Bommunity Development Fund
Community Improvement & Capacity Building
Corktown Bommunity Development Fund
DETROIT, MI
Total revenue
$39K
Total expenses
$26K
Net assets
$2.4M
Grants received
—
EIN
205654069
Tax year
2024
Mission
The organization's purpose is the revitalization of economically distressed communities, in particular, the western area of detroit, mi known as corktown. The organization will provide lending to eligible individuals and small businesses at reduced rates and at flexible terms. In addition, we will provide education to the borrower, such as home ownership classes, business plan preparation courses and debt elimination classes in conjunction with various local organizations.
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$39K
Investment income—
Other revenue—
Total revenue$39K
Expenses
Grants paid—
Salaries & benefits$12K
Fundraising—
Other expenses$14K
Total expenses$26K
Total assets$2.4M
Net assets$2.4M
People
3 listed
NameRoleCompensation
RONALD COOLEY
TREASURER/SE
Board
$12K
10 hrs/wk
PHILLIP COOLEY
DIRECTOR
Board
—
RYAN COOLEY
PRESIDENT
Board
—
5 hrs/wk
Details
EIN205654069
NTEE codeS31
Subsection03
Ruling date2008-01
Formed2006
Employees0