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Eastern Market Corporation

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.

Financial Overview

From 2024 IRS Form 990-PF · 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

About Eastern Market Corporation

Based on IRS filings

Eastern Market Corporation is a nonprofit organization 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

1states

States

Cities

Detroit

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$5M$8M$11M201920202021202220232024
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
Qualifying Distributions
Net Investment Income$137,814$107,858$40,151
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$212K$424K$636K$848K1 grants20191 grants20201 grants20210 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

1XRUN LLC$203K48207-11 GRASSROOT DETRO…$85K

Grant Size Distribution

5 grants across all recorded years

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

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

DANIEL CARMODYCEO (TERM 12/2024)$187KKATHARINE TRUDEAUPRESIDENT$169KBRANDON SENGDIRECTOR OF PROGRAMS$129KPERCOLA BROOKSDIR. OF ACCOUNTING (TERM 11/…$110KJAMES SUTHERLANDDIRECTOR OF FACILITIES$105K

From 2024 filing

NameTitleHoursCompensation
CINDY PASKYCHAIR1
DONALD RENCHERVICE-CHAIR1
DREW PATRICKTREASURER1
VINCENT SANNASECRETARY1
ARMOND HARRISDIRECTOR1
BJ BELCOUREDIRECTOR1
BRIAN ELLISONDIRECTOR1
BRITTANY HOSKWICDIRECTOR1
CARLOS PARISIDIRECTOR1
CHRISTOS MOSIDESDIRECTOR1
CRYSTAL PERKINSDIRECTOR1
DARA O'BRYNEDIRECTOR1
FRANK GERMACKDIRECTOR1
FRED DURHALDIRECTOR1
JAY BONAHOOMDIRECTOR1
JOE SPENCERDIRECTOR1
JONATHAN KUNGDIRECTOR1
LATISHA JOHNSONDIRECTOR1
RON BRUNDIDGEDIRECTOR1
TOSHA TABRONDIRECTOR1
VIOLET GINTSISDIRECTOR1
DANIEL CARMODYCEO (TERM 12/2024)45$187,090
KATHARINE TRUDEAUPRESIDENT34$168,952
BRANDON SENGDIRECTOR OF PROGRAMS39$128,979
PERCOLA BROOKSDIR. OF ACCOUNTING (TERM 11/2024)40$109,734
JAMES SUTHERLANDDIRECTOR OF FACILITIES40$105,420

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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