Eastern Market Corporation logo

Eastern Market Corporation

Public charity · Grantmaker Detroit, MI EIN: 32-0030432 Website

Eastern market is organized to combat community deterioration and to lessen the burdens of government in managing its public market that has served detroit since 1891. Eastern market operates the market under an agreement with the city of detroit, which owns the facility. Eastern market has developed a capital improvement plan and is implementing a series of capital improvements to improve the market's ability to serve as a food center for detroit and as a catalyst for economic development. The stakeholders' vision for the eastern market district (the "market") is to leverage the attraction and legacy of the market, to build a dynamic, diverse, and unique urban district, and to strengthen the identity of the market as a food-related district by enhancing the operations of the existing public market and by developing business opportunities for specialty food retailers, food wholesale operations, restaurants, food distributors, and food processors.

Key facts about Eastern Market Corporation

In short: Eastern Market Corporation gave $288K across 2 grants in 2024 (avg $144K), mostly in Michigan. Source: 2024 IRS Form 990.

EIN
32-0030432
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$288,000
Grants made (2024)
2
Average grant
$144,000
Median grant
$144,000
Total assets
$14,432,831
Primary geography
Michigan (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$14.4M

+0.4% YoY

Annual Giving

$288K

+82.0% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$144K

-9.0% YoY

How Eastern Market Corporation gives

  • Giving fell 35% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About Eastern Market Corporation

Based on IRS filings

Eastern Market Corporation is a public charity focused on Food, Agriculture & Nutrition, based in Detroit, MI. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $14.4M in total assets. In 2024, it awarded 2 grants totaling $288K. Net investment income was $138K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 2 itemized grants.

States

Cities

Detroit

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M1 grant2019 1 grant2020 1 grant2021 0 grants2022 1 grant2023 2 grants2024

From 2019 to 2024, annual grant giving ranged from $158K (2023) to $848K (2019). In 2024 it made 2 grants totaling $288K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

1XRUN LLC: $203K1XRUN LLC$203K48207-11 Grassroot Detroiters: $85K48207-11 Grassroot Detroiters$85K

The largest 2024 recipient was 1XRUN LLC ($203K). Together the top 2 received $288K.

Grant Size Distribution

5 grants across all recorded years

<$50K1$50–100K2$100–250K1$250–500K1$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 2 grants of 5 (40%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
1XRUN LLC Detroit, MISee Part IV$203,000
48207-11 Grassroot Detroiters Detroit, MISee Part IV$85,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$14,432,831$14,377,658$10,937,880
Revenue$6,796,753$8,130,717$4,869,009
Expenses$6,341,600$5,539,909$6,029,449
Net Investment Income$137,814$107,858$40,151

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS June 17, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS November 18, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS December 23, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
  6. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

Eastern Market Corporation is led by Daniel Carmody, CEO since 2024 (on filings since 2019); 5 of 26 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Daniel Carmody

    CEO

    President & C.e.o. → Chief Executive Officer, 2023

    Chief Executive Officer → CEO, 2024

    On filings since 2019

    45 hrs/week

    $153K (2019) → $187K (2024)

  • Katharine Trudeau

    President

    On filings since 2023

    34 hrs/week

    $110K (2023) → $169K (2024)

  • Cindy Pasky

    Chair

    Director → Chair, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Brandon Seng

    Director of Programs

    On filings since 2023

    39 hrs/week

    $125K (2023) → $129K (2024)

  • Percola Brooks

    Director of Accounting

    On filings since 2023

    40 hrs/week

    $103K (2023) → $110K (2024)

  • James Sutherland

    Director of Facilities

    New on the 2024 filing

    40 hrs/week

    $105K (2024)

  • Ron Brundidge

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Armond Harris

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Bj Belcoure

    Director

    Treasurer → Director, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jay Bonahoom

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Joe Spencer

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Carlos Parisi

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Frank Germack

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Fred Durhal

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Jonathan Kung

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Latisha Johnson

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Tosha Tabron

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Violet Gintsis

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Brian Ellison

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Brittany Hoskwic

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Christos Mosides

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Crystal Perkins

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Dara O'Bryne

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Drew Patrick

    Treasurer

    Director → Treasurer, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Donald Rencher

    Vice Chair

    On filings since 2022

    1 hr/week

    No compensation reported

  • Vincent Sanna

    Secretary

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (37)
  • Former: Joni Thrower-Davis (2020–2023) — Director
  • Former: Judith McNeely (2020–2023) — Secretary
  • Former: Mark Kaltz (2020–2023) — Director
  • Former: Luke Polcyn (2022–2023) — Director
  • Former: Sandra Yu Stahi (2022–2023) — Director
  • Former: Vince Sanna (2022–2023) — Director
  • Former: Dietrich Knoer (2023) — Executive Director & Emdc
  • Former: Jason Grobbel (2019–2021) — Chair
  • Former: Ann Parsons (2020–2021) — Director
  • Former: Ariel Simon (2020–2021) — Director
  • Former: Gabe Leland (2020–2021) — Director
  • Former: Hassan Bazzi (2020–2021) — Director
  • Former: Janee' Ayers (2020–2021) — Director
  • Former: Janet Anderson (2020–2021) — Director
  • Former: Katrina Iott (2020–2021) — Director
  • Former: Katy Trudeau (2020–2021) — Vice Chair
  • Former: Thomas Gordon (2020–2021) — Director
  • Former: Matthew Walters (2021) — Director
  • Former: Matt Walters (2020) — Director
  • Former: Shannon Byrne (2020) — Director
  • Former: Barbara Hedgepath (2019) — Director
  • Former: Brad Dick (2019) — Director
  • Former: Brian Bartes (2019) — Director
  • Former: Brian Holdwick (2019) — Treasurer
  • Former: Dewayne Wells (2019) — Director
  • Former: Don Lindow (2019) — Director
  • Former: Gary Brown (2019) — Director
  • Former: George W. Jackson (2019) — Chair
  • Former: Guy Williams (2019) — Director
  • Former: Janet Rossi Belcoure (2019) — Director
  • Former: Joseph G. Kuspa (2019) — Vice Chair
  • Former: Karen Brown (2019) — Director
  • Former: Morse L. Brown (2019) — Secretary
  • Former: Rich Pirog (2019) — Director
  • Former: Robert Ruhlig (2019) — Director
  • Former: Tom Bedway (2019) — Director
  • Former: William Jones (2019) — Director

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Daniel Carmody — CEO (Term 12/2024): $187KDaniel CarmodyCEO (Term 12/2024)$187KKatharine Trudeau — President: $169KKatharine TrudeauPresident$169KBrandon Seng — Director of Programs: $129KBrandon SengDirector of Programs$129KPercola Brooks — DIR. of Accounting (Term 11/2024): $110KPercola BrooksDIR. of Accounting (Term…$110KJames Sutherland — Director of Facilities: $105KJames SutherlandDirector of Facilities$105K

The highest reported compensation on the 2024 filing was $187K, to Daniel Carmody (CEO (Term 12/2024)). 5 officers or directors reported compensation on that filing.

Frequently asked questions about Eastern Market Corporation

How much does Eastern Market Corporation give each year?

Eastern Market Corporation gave $288K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $158K across 1 grant.

How large is Eastern Market Corporation?

Eastern Market Corporation reported $14.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $6.8M.

What is Eastern Market Corporation?

Eastern Market Corporation is a public charity focused on Food, Agriculture & Nutrition, based in Detroit, MI. It holds $14.4M in total assets as of 2024.

Where does Eastern Market Corporation operate?

Eastern Market Corporation has awarded grants in Michigan.

What is Eastern Market Corporation's EIN?

Eastern Market Corporation's EIN (Employer Identification Number) is 32-0030432. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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