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Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
DBA: Detroit Development Fund
EIN 38-3322605 · Snapshot of IRS recognition, filing currency, financial health, and governance.
Detroit Development Fund promotes the economic Development of low-to moderate-income residents in the city of Detroit. SED focuses on lending programs as well as job creation and retention.
Principal Officer
Ray Waters
Total Revenue
$4.9M
FY2024
Total Expenses
$2.9M
FY2024
Net Assets
$10.6M
Program Ratio
78.9%
expenses on programs
Employees
15
Volunteers
7
Board Members
8
Voting
7
Independent
8 answers compiled from IRS Form 990, BMF, Pub 78, and the Auto-Revocation List.