Eastern Market Development Corporation
EASTERN MARKET DEVELOPMENT CORPORATION IS A MICHIGAN NON-PROFIT CORPORATION ORGANIZED TO DEVELOP BUSINESSES AND OTHER RESOURCES WITHIN THE EASTERN MARKET DISTRICT.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.9M
+259.7% YoY
Revenue
$6.2M
+1687.7% YoY
Net Investment Income
—
-100.0% YoY
Expenses
$129K
-57.9% YoY
About Eastern Market Development Corporation
Based on IRS filings
Eastern Market Development Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.9M in total assets.
Focus Areas
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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 | $8,850,250 | $2,460,581 | $2,479,241 |
| Revenue | $6,203,641 | $347,012 | $268,690 |
| Expenses | $128,993 | $306,188 | $532,796 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | $8 | — |
| 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
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 |
|---|---|---|---|
| SHARLENE BURRIS | CHAIR | 1 | — |
| MARC JOHNSON | VICE CHAIR | 1 | — |
| INDIA SOLOMON | SECRETARY | 1 | — |
| VICTOR ALBA | TREASURER | 1 | — |
| CARRIE LEWAND-MONROE | DIRECTOR | 1 | — |
| CHRISTINA PELTIER | DIRECTOR | 1 | — |
| DAVID ALADE | DIRECTOR | 1 | — |
| DUANE ASHFORD | DIRECTOR | 1 | — |
| ELLIOT SHAFER | DIRECTOR | 1 | — |
| JAMIE FABER | DIRECTOR | 1 | — |
| JAREN GLASKER | DIRECTOR | 1 | — |
| JOHN MCCLAREN | DIRECTOR | 1 | — |
| KEEGAN MAHONEY | DIRECTOR | 1 | — |
| KEVIN JONES | DIRECTOR | 1 | — |
| KEVIN WARD | DIRECTOR | 1 | — |
| REV ROBERT JONES | DIRECTOR | 1 | — |
| SAM MUNACO | DIRECTOR | 1 | — |
| STEVE WATSON | DIRECTOR | 1 | — |
| DANIEL CARMODY | CEO (TERM 12/2024) | 5 | — |
| KATHARINE TRUDEAU | PRESIDENT | 5 | — |
| DIETRICH KNOER | EMDC EXECUTIVE DIR. (TERM 06/2024) | 40 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Eastern Market Development Corporation?
Eastern Market Development Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in DETROIT, MI. It holds $8.9M in total assets as of 2024.
How large is Eastern Market Development Corporation?
As of 2024, Eastern Market Development Corporation holds $8.9M in total assets with $6.2M in annual revenue.
Where does Eastern Market Development Corporation operate?
Eastern Market Development Corporation has awarded grants in Michigan.
What is Eastern Market Development Corporation's EIN?
Eastern Market Development Corporation's EIN (Employer Identification Number) is 82-1252089. 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.