Detroit Economic Growth Association
Detroit Economic Growth Association (DEGA) is a 501(c)(3) nonprofit organization based in Detroit, Michigan, established in November 1982. DEGA serves as a supporting agency for the Detroit Economic Growth Corporation (DEGC), a 501(c)(4) economic development organization. DEGA receives private contributions to support DEGC's economic development portfolio and initiatives aimed at catalyzing investment, creating jobs, and advancing the economy of Detroit through public and private sector collaborations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.0M
+4.7% YoY
Annual Giving
$376K
+5678.3% YoY
Grant Count
11
+1000.0% YoY
Avg Grant Size
$34K
+425.3% YoY
Mission & Focus Areas
Mission: Promotion of activities to spur economic growth and revitalization in the City of Detroit.
DEGA's funding priorities include:
- Workforce development and job readiness
- Workforce preparation grants
- Nonprofit human services support
- Education and philanthropy
- Voluntarism and grantmaking
Grantmaking
Grant Range
$6,000–$85,000
Ready to take the next step with Detroit Economic Growth Association?
Geographic Focus
Where this funder awards grants
DEGA focuses exclusively on Michigan, with primary emphasis on Detroit and the surrounding region.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2023–2024):
- Total assets: $6.72M–$7.04M
- Total revenue: $4.31M (2023)
- Total expenses: $4.37M (2023)
- Total liabilities: $603,000 (2023)
- Annual expenses: $8.1M (2024)
- Giving rate: 5.3% of assets
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,040,782 | $6,721,664 | $6,651,865 |
| Revenue | $6,597,694 | $4,308,778 | $5,567,044 |
| Expenses | $8,094,902 | $4,371,037 | $4,723,776 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $29,730 | $35,574 | $4,229 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
130 grants across all recorded years
Open Grants
8 open opportunities from Detroit Economic Growth Association
Detroit Capital Hub
DETROIT ECONOMIC GROWTH ASSOCIATION
Amount
Varies
Deadline
Rolling / Open
Detroit Legacy Business Project (DLBP)
DETROIT ECONOMIC GROWTH ASSOCIATION
Amount
$15,000 - $50,000 per business
Deadline
Rolling / Open
Detroit Means Business
DETROIT ECONOMIC GROWTH ASSOCIATION
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board Members (DEGA Members):
- Kevin Johnson, DEGC (Principal Officer)
- Conrad L. Mallett, Jr., City of Detroit (Chair)
- Mikyia Aaron, Laborer's Union 1191
- April Anderson, Good Cakes and Bakes
- Letty Azar, Penske
- Marvin Beatty, Hollywood Casino at Greektown
- Michael Bickers, PNC
- David Blaszkiewicz, Invest Detroit
- Jerry Darby, Henry Ford Health Systems
- Jennifer Dewey, General Motors
- Jeremy Durr, ITC Holdings
- Christine Estereicher, Stellantis
- Jared Fleisher, Bedrock
- Mohamad Hammoud, Bank of America
- Kenneth L. Harris, National Business League
- Dimitrius Hutcherson, First Independence Bank
- George W. Jackson, Jr. (Emeritus)
- Yvette Johnson, DTE
- Natalie King, Dunamis Clean Energy Partners
- Marshall Kleven, Fifth Third Bank
- Eric Larson, Downtown Detroit Partnership
- Mike McLauchlan, Ilitch Holdings
- Dave Meador, DTE Energy
- Khalil Rahal, DTE
- Michelle Reaves, Detroit Area Pre-College Engineering Program
- Andra Rush, Rush Group Family of Companies
- Mary Sheffield, City of Detroit
- Ned Staebler, Wayne State University
- Tony Stovall, Hot Sam's Detroit
- Terence Thomas, Sr., Thomas Group Consulting
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEVIN JOHNSON | PRESIDENT AND C.E.O. | 1 | — |
| CONRAD L MALLETT JR | CHAIR | 1 | — |
| JOHN BLANCHARD | VICE-CHAIR | 1 | — |
| ANDRA RUSH | VICE-CHAIR | 1 | — |
| MICHAEL TYSON | TREASURER | 1 | — |
| JACCI WOODS | SECRETARY | 1 | — |
| MIKYIA AARON | DIRECTOR | 1 | — |
| APRIL ANDERSON | DIRECTOR | 1 | — |
| MARVIN BEATTY | DIRECTOR | 1 | — |
| KOFI BONNER | DIRECTOR | 1 | — |
| EVA GARZA DEWAELSCHE | DIRECTOR | 1 | — |
| MOHAMAD HAMMOUD | DIRECTOR | 1 | — |
| KENNETH L HARRIS | DIRECTOR | 1 | — |
| DIMITRIUS HUTCHERSON | DIRECTOR | 1 | — |
| GEORGE W JACKSON JR | DIRECTOR | 1 | — |
| MARSHAL S KLEVEN | DIRECTOR | 1 | — |
| ERIC LARSON | DIRECTOR | 1 | — |
| MIKE MCLAUCHLAN | DIRECTOR | 1 | — |
| DAVID E MEADOR | DIRECTOR | 1 | — |
| DARRELL MIDDLETON | DIRECTOR | 1 | — |
| ADELAIDE PASCARIS | DIRECTOR | 1 | — |
| NED STAEBLER | DIRECTOR | 1 | — |
| RONALD STALLWORTH | DIRECTOR | 1 | — |
| TONY STOVALL | DIRECTOR | 1 | — |
| TERENCE A THOMAS SR | DIRECTOR | 1 | — |
| TONY TOMCZAK | DIRECTOR | 1 | — |
| GARY TORGOW | DIRECTOR | 1 | — |
| JAMES VELLA | DIRECTOR | 1 | — |
| HASSAN BEYDOUN | DIRECTOR (EX-OFFICIO) | 1 | — |
| MIKE DUGGAN | DIRECTOR (EX-OFFICIO) | 1 | — |
| MARY SHEFFIELD | DIRECTOR (EX-OFFICIO) | 1 | — |
| GLEN W LONG JR | EXEC. V-P OF ADMIN. AND C.F.O. | 7 | — |
Recent News & Activity
Recent developments and announcements
DEGA supports DEGC's various economic development initiatives, including:
**Detroit Legacy Business Project:** Investment of $310,000 in 30 legacy businesses in Round 3 of the program
Detroit invests $310,000 in 30 legacy businesses in Round 3 of Detroit Legacy**Small Business Support Services:** Programs including the Green Grocer Program, BuyDetroit Procurement Portal, and District Business Liaison services
Detroit invests $310,000 in 30 legacy businesses in Round 3 of Detroit Legacy**CARES Act Funding:** DEGC received $2.9 million in CARES Act funding to capitalize revolving loan funds for small businesses
Detroit Economic Growth Corporation receives $2.9 Million in CARES Act Funding**Development Grants:** DEGC was awarded $14.5 million to provide gap financing for five Detroit development projects
Detroit Economic Growth Corporation receives $2.9 Million in CARES Act FundingContact Information
Address: 500 Griswold Street, Suite 2200, Detroit, MI 48226
Phone: (313) 963-2940
Website: www.degc.org
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Kadant Johnson Inc Scholarship Foun
THREE RIVERS, MI
Assets
—
Grants
3
Total Given
$5K
Thomas W Itin Charitable Trust
KEEGO HARBOR, MI
Assets
—
Grants
11
Total Given
$4K
Robert a Leonard Jr Charitable Trus
SOUTHFIELD, MI
Assets
—
Grants
2
Total Given
$11K
Homer Youth Athletic Association
TEKONSHA, MI
Assets
—
Grants
1
Total Given
$4K
Dr Shanti Swarup & Mrs Chawla Devi
TROY, MI
Assets
—
Grants
9
Total Given
$3K
Bojrab Family Foundation
BLOOMFIELD HILLS, MI
Assets
$185K
Grants
9
Total Given
$27K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Detroit Economic Growth Association on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities