Prosperus Detroit Micro Lending
ProsperUs advances economic equity in under-resourced communities by supporting entrepreneurs with opportunities and capital needed to build businesses, generational wealth, and vibrant neighborhoods.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.6M
+8.1% YoY
Annual Giving
$429K
+420.2% YoY
Grant Count
8
+14.3% YoY
Avg Grant Size
$54K
+355.2% YoY
About Prosperus Detroit Micro Lending
Based on IRS filings
Prosperus Detroit Micro Lending 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 $4.6M in total assets. In 2024, it awarded 8 grants totaling $429K. Net investment income was $4K.
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 | $4,555,184 | $4,215,384 | $3,608,105 |
| Revenue | $4,163,863 | $1,801,771 | $3,302,099 |
| Expenses | $3,174,837 | $2,249,853 | $2,010,396 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,282 | — | — |
| 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 8 recipients in 2024
Grant Size Distribution
56 grants across all recorded years
Open Grants
1 open opportunity from Prosperus Detroit Micro Lending
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 |
|---|---|---|---|
| Steve Kosuda | Chairman | 1 | — |
| Chanell R Contreras | Director | 1 | — |
| Hector Hernandez | Director | 1 | — |
| Steve Tobocman | Director | 1 | — |
| Pierre Batton | Director | 1 | — |
| Kimberly Faison | Director | 1 | — |
| Don Jones | Director | 1 | — |
| Veronika Scott | Director | 1 | — |
| Paul Jones | CEO | 40 | $195,858 |
| Matthew Bihun | Manager | 40 | $113,981 |
| Joanna Dueweke-Perez | Manager | 40 | $110,580 |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Prosperus Detroit Micro Lending on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities