NonprofitsInvest Detroit Cde

Community Improvement & Capacity Building

Invest Detroit Cde

DETROIT, MI

Total revenue

$1.8M

Total expenses

$1.3M

Net assets

$4.8M

Grants received

EIN

264008431

Tax year

2024

Mission

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.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$1.7M
Investment income$43K
Other revenue$125K
Total revenue$1.8M

Expenses

Grants paid
Salaries & benefits$505K
Fundraising
Other expenses$795K
Total expenses$1.3M
Total assets$4.9M
Net assets$4.8M

People

9 listed

NameRoleCompensation

DAVID BLASZKIEWICZ

PRESIDENT & CEO

Board

10 hrs/wk

KENITA HARRIS

LIC REPRESENTATIVE

Board

0.5 hrs/wk

KENYETTA BRIDGES

LIC REPRESENTATIVE - PART YEAR

Board

0.5 hrs/wk

CAMILLE WALKER BANKS

LIC REPRESENTATIVE - PART YEAR

Board

0.5 hrs/wk

KEONA COWAN

CHAIRMAN

Board

10 hrs/wk

RICHARD HOSEY

LIC REPRESENTATIVE

Board

0.5 hrs/wk

DAVID HOWELL

LIC REPRESENTATIVE

Board

0.5 hrs/wk

DONALD RENCHER

LIC REPRESENTATIVE

Board

0.5 hrs/wk

CARRIE LEWAND-MONROE

CHIEF OPERATING OFFICER

Board

10 hrs/wk

Details

EIN264008431
NTEE codeS31
Subsection04
Ruling date2010-04
Formed2009
Employees0
Volunteers5
INVEST DETROIT CDE — Mission, Financials & Grants Received | Grantivo