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 2024.
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 |
Frequently Asked Questions
How large is Detroit Economic Growth Corporation?
As of 2024, Detroit Economic Growth Corporation holds $8.0M in total assets with $10.4M in annual revenue.
Where does Detroit Economic Growth Corporation operate?
Detroit Economic Growth Corporation has awarded grants in Michigan.
What is Detroit Economic Growth Corporation's EIN?
Detroit Economic Growth Corporation's EIN (Employer Identification Number) is 38-2192028. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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