Detroit Economic Growth Corporation
PROMOTION OF ACTIVITIES TO SPUR ECONOMIC GROWTH AND REVITALIZATION IN THE CITY OF DETROIT
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.0M
-6.2% YoY
Revenue
$10.4M
+9.2% YoY
Net Investment Income
$378K
+96.8% YoY
Expenses
$10.4M
+9.5% YoY
About Detroit Economic Growth Corporation
Based on IRS filings
Detroit Economic Growth Corporation is a nonprofit organization, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.0M in total assets. Net investment income was $378K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,960,504 | $8,488,722 | $7,209,211 |
| Revenue | $10,364,824 | $9,492,028 | $10,420,774 |
| Expenses | $10,446,492 | $9,540,649 | $8,819,151 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $377,805 | $191,933 | $68,905 |
| 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 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Open Grants
3 open opportunities from Detroit Economic Growth Corporation
Detroit Legacy Business Project (DLBP)
DETROIT ECONOMIC GROWTH CORPORATION
Amount
$15,000 - $50,000
Deadline
Rolling / Open
Motor City Match
DETROIT ECONOMIC GROWTH CORPORATION
Amount
Up to $85,000 per business
Deadline
Rolling / Open
Revitalization and Placemaking (RAP) 2.0 Program
DETROIT ECONOMIC GROWTH CORPORATION
Amount
Up to $5,000,000 per real estate project; Up to $1,000,000 for public space infrastructure; Up to $20,000,000 for subgrant programs
Deadline
September 30, 2027
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEVIN JOHNSON | PRESIDENT AND C.E.O. | 55 | $370,299 |
| 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 | — |
| DAVE BLASZKIEWICZ | 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. | 50 | $261,164 |
| KENYETTA HAIRSTON-BRIDGES | EXEC. V-P, ECON. DEV. AND INV. SERV. | 50 | $255,067 |
| REBECCA NAVIN | GENERAL COUNSEL | 50 | $221,518 |
| MARLO RENCHER | PRESIDENT, DETROIT MEANS BUSINESS | 50 | $184,843 |
| KELLY SHOVAN | CONTROLLER | 50 | $126,283 |
| DAVID HOWELL | SR. DIR., REAL ESTATE DEVELOPMENT | 50 | $123,638 |
| SEAN GRAY | VICE-PRES., SMALL BUSINESS SERVICES | 50 | $132,771 |
| ANDREW LUCCO | SR. DIRECTOR, MOTOR CITY MATCH | 50 | $128,153 |
| JENNIFER KANALOS | VICE-PRESIDENT, BOARD ADMINISTRATION | 50 | $130,825 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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