NonprofitsDetroit Economic Growth Corp

Detroit Economic Growth Corp

DETROIT, MI

Total revenue

$10.4M

Total expenses

$10.4M

Net assets

$6.9M

Grants received

$1.2M

7 grants

EIN

382192028

Tax year

2023

Mission

Promote economic growth in the city of detroit

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$10.0M
Investment income$378K
Other revenue
Total revenue$10.4M

Expenses

Grants paid
Salaries & benefits$8.7M
Fundraising
Other expenses$1.8M
Total expenses$10.4M
Total assets$8.0M
Net assets$6.9M

People

41 listed

NameRoleCompensation

KEVIN JOHNSON

PRESIDENT AND C.E.O.

Board

$370K

55 hrs/wk

GLEN W LONG JR

EXEC. V-P OF ADMIN. AND C.F.O.

Board

$261K

50 hrs/wk

KENYETTA HAIRSTON-BRIDGES

EXEC. V-P, ECON. DEV. AND INV. SERV.

Board

$255K

50 hrs/wk

KOFI BONNER

DIRECTOR

Board

1 hrs/wk

EVA GARZA DEWAELSCHE

DIRECTOR

Board

1 hrs/wk

MOHAMAD HAMMOUD

DIRECTOR

Board

1 hrs/wk

KENNETH L HARRIS

DIRECTOR

Board

1 hrs/wk

DIMITRIUS HUTCHERSON

DIRECTOR

Board

1 hrs/wk

GEORGE W JACKSON JR

DIRECTOR

Board

1 hrs/wk

MARSHAL S KLEVEN

DIRECTOR

Board

1 hrs/wk

ERIC LARSON

DIRECTOR

Board

1 hrs/wk

MIKE MCLAUCHLAN

DIRECTOR

Board

1 hrs/wk

DAVID E MEADOR

DIRECTOR

Board

1 hrs/wk

DARRELL MIDDLETON

DIRECTOR

Board

1 hrs/wk

ADELAIDE PASCARIS

DIRECTOR

Board

1 hrs/wk

NED STAEBLER

DIRECTOR

Board

1 hrs/wk

RONALD STALLWORTH

DIRECTOR

Board

1 hrs/wk

TONY STOVALL

DIRECTOR

Board

1 hrs/wk

TONY TOMCZAK

DIRECTOR

Board

1 hrs/wk

GARY TORGOW

DIRECTOR

Board

1 hrs/wk

JAMES VELLA

DIRECTOR

Board

1 hrs/wk

HASSAN BEYDOUN

DIRECTOR (EX-OFFICIO)

Board

1 hrs/wk

MIKE DUGGAN

DIRECTOR (EX-OFFICIO)

Board

1 hrs/wk

MARY SHEFFIELD

DIRECTOR (EX-OFFICIO)

Board

1 hrs/wk

TERENCE A THOMAS SR

DIRECTOR

Board

1 hrs/wk

CONRAD L MALLETT JR

CHAIR

Board

1 hrs/wk

JOHN BLANCHARD

VICE-CHAIR

Board

1 hrs/wk

ANDRA RUSH

VICE-CHAIR

Board

1 hrs/wk

MICHAEL TYSON

TREASURER

Board

1 hrs/wk

JACCI WOODS

SECRETARY

Board

1 hrs/wk

MIKYIA AARON

DIRECTOR

Board

1 hrs/wk

APRIL ANDERSON

DIRECTOR

Board

1 hrs/wk

MARVIN BEATTY

DIRECTOR

Board

1 hrs/wk

DAVE BLASZKIEWICZ

DIRECTOR

Board

1 hrs/wk

REBECCA NAVIN

GENERAL COUNSEL

Staff

$222K

50 hrs/wk

MARLO RENCHER

PRESIDENT, DETROIT MEANS BUSINESS

Staff

$185K

50 hrs/wk

SEAN GRAY

VICE-PRES., SMALL BUSINESS SERVICES

Staff

$133K

50 hrs/wk

JENNIFER KANALOS

VICE-PRESIDENT, BOARD ADMINISTRATION

Staff

$131K

50 hrs/wk

ANDREW LUCCO

SR. DIRECTOR, MOTOR CITY MATCH

Staff

$128K

50 hrs/wk

KELLY SHOVAN

CONTROLLER

Staff

$126K

50 hrs/wk

DAVID HOWELL

SR. DIR., REAL ESTATE DEVELOPMENT

Staff

$124K

50 hrs/wk

Independent contractors

ALLIANCE HEALTH & LIFE

HEALTH INSURANCE

$536K

EDC CHARTER COUNTY OF WAYNE

LEASE AND UTILITIES

$515K

HEALTH ALLIANCE PLAN

HEALTH INSURANCE

$290K

AITKEN ORMOND

INSURANCE

$108K

Grants received

Showing 7 of 7

FromAmountPurposeYear
$200K
BUSINESS ATTRACTION AND RETENTION
2020
$50K
DETROIT MEANS BUSINESS
2020
$150K
BUSINESS ATTRACTION AND RETENTION
2019
$200K
BUSINESS ATTRACTION AND RETENTION
2018
$500K
BUSINESS ATTRACTION AND RETENTION
2017

Funded by

$1.2M from 1 funder · 7 grants · 2017–2020

Detroit Economic Growth Association

$1.2M · 7 grants · 2017–2020

Details

EIN382192028
Subsection04
Ruling date1978-05
Formed1978
Employees84
Volunteers0
DETROIT ECONOMIC GROWTH CORP — Mission, Financials & Grants Received | Grantivo