Civic Intelligence

Corktown Community Development Fund

EIN 20-5654069 • 501(c)3 • Detroit, MI

Profile

The organization's purpose is the revitalization of economically distressed communities, in particular, the western area of detroit, mi known as corktown. The organization will provide lending to eligible individuals and small businesses at reduced rates and at flexible terms. In addition, we will provide education to the borrower, such as home ownership classes, business plan preparation courses and debt elimination classes in conjunction with various local organizations. The organization will provide residential units for rent in targeted service area in support of the revitalization of economically distressed areas.

2122 Michigan AvenueDetroit, MI 48216

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

82nd percentile

34%

Higher net margin than 82% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

42nd percentile

$12,000

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 30.9% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

41st percentile

0.6%

Faster asset growth than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-19%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$2,376,525

Up $13,086 (+0.6%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$2,376,525

Up $13,086 (+0.6%) from 2023

Operations
Liabilities / Revenue20th percentileNet Margin82nd percentile

Revenue

Down

$38,777

Down $9,277 (-19%) from 2023

Expenses

Down

$25,691

Down $2,674 (-9.4%) from 2023

Net Income

Down

$13,086

Down $6,603 (-34%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth41st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $1,012,552Liabilities 2011: $0Net Assets 2011: $1,012,5522011Assets 2012: $2,547,023Liabilities 2012: $530,165Net Assets 2012: $2,016,8582012Assets 2013: $2,359,472Liabilities 2013: $481,246Net Assets 2013: $1,878,2262013Assets 2014: $2,089,487Liabilities 2014: $0Net Assets 2014: $2,089,4872014Assets 2015: $2,110,634Liabilities 2015: $0Net Assets 2015: $2,110,6342015Assets 2016: $2,059,794Liabilities 2016: $0Net Assets 2016: $2,059,7942016Assets 2017: $2,071,366Liabilities 2017: $0Net Assets 2017: $2,071,3662017Assets 2018: $2,072,000Liabilities 2018: $0Net Assets 2018: $2,072,0002018Assets 2019: $2,071,241Liabilities 2019: $0Net Assets 2019: $2,071,2412019Assets 2020: $2,077,486Liabilities 2020: $0Net Assets 2020: $2,077,4862020Assets 2021: $2,385,468Liabilities 2021: $0Net Assets 2021: $2,385,4682021Assets 2022: $2,343,750Liabilities 2022: $0Net Assets 2022: $2,343,7502022Assets 2023: $2,363,439Liabilities 2023: $0Net Assets 2023: $2,363,4392023Assets 2024: $2,376,525Liabilities 2024: $0Net Assets 2024: $2,376,5252024

Highlighted filing

2024

Assets$2,376,525
Liabilities$0
Net Assets$2,376,525
Open 2024 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $51,476Expenses 2011: $50,305Net Income 2011: $1,1712011Revenue 2012: $1,045,083Expenses 2012: $40,777Net Income 2012: $1,004,3062012Revenue 2013: $88,415Expenses 2013: $227,047Net Income 2013: -$138,6322013Revenue 2014: $420,599Expenses 2014: $209,338Net Income 2014: $211,2612014Revenue 2015: $212,387Expenses 2015: $191,240Net Income 2015: $21,1472015Revenue 2016: $68,209Expenses 2016: $119,049Net Income 2016: -$50,8402016Revenue 2017: $85,812Expenses 2017: $74,240Net Income 2017: $11,5722017Revenue 2018: $378,603Expenses 2018: $377,969Net Income 2018: $6342018Revenue 2019: $59,099Expenses 2019: $59,858Net Income 2019: -$7592019Revenue 2020: $58,110Expenses 2020: $51,865Net Income 2020: $6,2452020Revenue 2021: $402,035Expenses 2021: $94,053Net Income 2021: $307,9822021Revenue 2022: $14,310Expenses 2022: $56,028Net Income 2022: -$41,7182022Revenue 2023: $48,054Expenses 2023: $28,365Net Income 2023: $19,6892023Revenue 2024: $38,777Expenses 2024: $25,691Net Income 2024: $13,0862024

Highlighted filing

2024

Revenue$38,777
Expenses$25,691
Net Income$13,086
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,376,525
Liabilities
$0
Net assets
$2,376,525
Revenue
$38,777
Expenses
$25,691
Net income
$13,086
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$0.00$2.38$0.04$0.03$0.01
2023Summary only. Only limited summary data is available for this year.$2.36$0.00$2.36$0.05$0.03$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.34$0.00$2.34$0.01$0.06$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.00$2.39$0.40$0.09$0.31
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$0.00$2.08$0.06$0.05$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.07$0.00$2.07$0.06$0.06$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$0.00$2.07$0.38$0.38$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$0.00$2.07$0.09$0.07$0.01
2016Summary only. Only limited summary data is available for this year.$2.06$0.00$2.06$0.07$0.12$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.11$0.00$2.11$0.21$0.19$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.09$0.00$2.09$0.42$0.21$0.21
2013Detailed filing. Detailed filing data is available for this year.$2.36$0.48$1.88$0.09$0.23$0.14
2012Summary only. Only limited summary data is available for this year.$2.55$0.53$2.02$1.05$0.04$1.00
2011Summary only. Only limited summary data is available for this year.$1.01$0.00$1.01$0.05$0.05$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 16, 2025
Return Version
2024v5.0
Gross Receipts
$38,777
Mission and Program Overview

Mission

The organization's purpose is the revitalization of economically distressed communities, in particular, the western area of detroit, mi known as corktown. The organization will provide lending to eligible individuals and small businesses at reduced rates and at flexible terms. In addition, we will provide education to the borrower, such as home ownership classes, business plan preparation courses and debt elimination classes in conjunction with various local organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,894,134$2,065,542▲ $171,408
Receivables From Officers Etc$200,000$250,000▲ $50,000
Cash and Non-Interest-Bearing Accounts$269,305$60,983▼ $208,322
Total Assets$2,363,439$2,376,525▲ $13,086
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,363,439$2,376,525▲ $13,086
Total Net Assets Fund Balance$2,363,439$2,376,525▲ $13,086
Total Liabilities and Net Assets / Fund Balance$2,363,439$2,376,525▲ $13,086
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Ronald CooleyTreasurer/sePT$12,000$12,000

Board Members and Trustees

NameTitle
Ryan CooleyPresident
Phillip CooleyDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$38,777
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$13,086
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,691
Salaries, Compensation, and Employee Benefits$12,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$12,000--$12,000
Advertising$9,000--$9,000
Fees for Services Other$2,500--$2,500
Fees for Services Accounting-$2,171-$2,171
Other Expenses-$20-$20
Total Functional Expenses$23,500$2,191$0$25,691
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$200,000$250,000▲ $50,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Phillip cooley ryan cooley director president brother ronald cooley ryan cooley treasurer president father phillip cooley ronald cooley director director son”

Form 990, Page 6, Part VI, Line 11B

“The signing officer reviews and emails the 990 to all members before approving the return.”

Form 990, Page 6, Part VI, Line 12C

“AVAILABLE UPON REQUEST.”

Form 990, Page 6, Part VI, Line 15A

“APPROVED BY ALL MEMBERS”

Form 990, Page 6, Part VI, Line 15B

“APPROVED BY ALL MEMBERS”

Form 990, Page 6, Part VI, Line 19

“Documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Corktown Community Development Fund
EIN
20-5654069
Phone
3139639891
Address
2122 MICHIGAN AVENUE, DETROIT, MI 48216

Signing Officer

Name
Ronald Cooley
Title
Treasurer/secretary
Phone
3139639891
Signed
2025-09-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronald Cooley
Formed
2006
Legal Domicile
Mi
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Austin Niester Schweihofer & Finnegan
Address
2425 MILITARY STREET BUILDING 3, PORT HURON, MI 48060
Preparer
Laura L Schweihofer
Phone
8109859000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The organization's purpose is the revitalization of economically distressed communities, in particular, the western area of detroit, mi known as corktown. The organization will provide lending to eligible individuals and small businesses at reduced rates and at flexible terms. In addition, we will provide education to the borrower, such as home ownership classes, business plan preparation courses and debt elimination classes in conjunction with various local organizations.”

Raw XML Appendix299 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ORGANIZATION'S PURPOSE IS THE REVITALIZATION OF ECONOMICALLY DISTRESSED COMMUNITIES, IN PARTICULAR, THE WESTERN AREA OF DETROIT, MI KNOWN AS CORKTOWN. THE ORGANIZATION WILL PROVIDE LENDING TO ELIGIBLE INDIVIDUALS AND SMALL BUSINESSES AT REDUCED RATES AND AT FLEXIBLE TERMS. IN ADDITION, WE WILL PROVIDE EDUCATION TO THE BORROWER, SUCH AS HOME OWNERSHIP CLASSES, BUSINESS PLAN PREPARATION COURSES AND DEBT ELIMINATION CLASSES IN CONJUNCTION WITH VARIOUS LOCAL ORGANIZATIONS.
IRS990/AdvertisingGrp/ProgramServicesAmt09000
IRS990/AdvertisingGrp/TotalAmt09000
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0RONALD COOLEY
IRS990/BooksInCareOfDetail/PhoneNum03139639891
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02122 MICHIGAN AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0DETROIT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048216
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0269305
IRS990/CashNonInterestBearingGrp/EOYAmt060983
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt012000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt012000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt013691
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt038777
IRS990/CYRevenuesLessExpensesAmt013086
IRS990/CYSalariesCompEmpBnftPaidAmt012000
IRS990/CYTotalExpensesAmt025691
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt038777
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE ORGANIZATION WILL PROVIDE LENDING TO ELIGIBLE INDIVIDUALS AND SMALL BUSINESSES AT REDUCED RATES AND AT FLEXIBLE TERMS. IN ADDITION, THE ORGANIZATION PROVIDES EDUCATION TO THE BORROWER, SUCH AS HOME OWNERSHIP CLASSES, BUSINESS PLAN PREPARATION COURSES AND DEBT ELIMINATION CLASSES IN CONJUNCTION WITH VARIOUS LOCAL ORGANIZATIONS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt023500
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02171
IRS990/FeesForServicesAccountingGrp/TotalAmt02171
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02500
IRS990/FeesForServicesOtherGrp/TotalAmt02500
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0RONALD COOLEY
IRS990/Form990PartVIISectionAGrp/PersonNm1PHILLIP COOLEY
IRS990/Form990PartVIISectionAGrp/PersonNm2RYAN COOLEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt012000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER/SE
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt038777
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd0true
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION'S PURPOSE IS THE REVITALIZATION OF ECONOMICALLY DISTRESSED COMMUNITIES, IN PARTICULAR, THE WESTERN AREA OF DETROIT, MI KNOWN AS CORKTOWN. THE ORGANIZATION WILL PROVIDE LENDING TO ELIGIBLE INDIVIDUALS AND SMALL BUSINESSES AT REDUCED RATES AND AT FLEXIBLE TERMS. IN ADDITION, WE WILL PROVIDE EDUCATION TO THE BORROWER, SUCH AS HOME OWNERSHIP CLASSES, BUSINESS PLAN PREPARATION COURSES AND DEBT ELIMINATION CLASSES IN CONJUNCTION WITH VARIOUS LOCAL ORGANIZATIONS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02363439
IRS990/NetAssetsOrFundBalancesEOYAmt02376525
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02363439
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02376525
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020
IRS990/OtherExpensesGrp/TotalAmt020
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01894134
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02065542
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0RONALD COOLEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt038777
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt038777
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt012365
IRS990/PYProgramServiceRevenueAmt048054
IRS990/PYRevenuesLessExpensesAmt019689
IRS990/PYSalariesCompEmpBnftPaidAmt016000
IRS990/PYTotalExpensesAmt028365
IRS990/PYTotalRevenueAmt048054
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0200000
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0250000
IRS990/ReconcilationRevenueExpnssAmt013086
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt038777
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt09600
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt028800
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt038400
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02539
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02539
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt038777
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt048054
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt014310
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt049422
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt026771
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0177334
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt09600
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt028800
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt038400
IRS990ScheduleA/InvestmentIncomeCYPct00.18000
IRS990ScheduleA/InvestmentIncomePYPct00.25000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.82410
IRS990ScheduleA/PublicSupportPY509Pct00.74870
IRS990ScheduleA/PublicSupportTotal509Amt0179873
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt038777
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt048054
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt014310
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt049422
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt029310
IRS990ScheduleA/Total509Grp/TotalAmt0179873
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt038777
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt048054
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt014310
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt059022
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt058110
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0218273
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0250000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0JUNK CARS LLCPHILLIP COOLEY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine2Txt0PHILLIP COOLEY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0IMPROVE PROPERTY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0200000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt0250000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S PURPOSE IS THE REVITALIZATION OF ECONOMICALLY DISTRESSED COMMUNITIES, IN PARTICULAR, THE WESTERN AREA OF DETROIT, MI KNOWN AS CORKTOWN. THE ORGANIZATION WILL PROVIDE LENDING TO ELIGIBLE INDIVIDUALS AND SMALL BUSINESSES AT REDUCED RATES AND AT FLEXIBLE TERMS. IN ADDITION, WE WILL PROVIDE EDUCATION TO THE BORROWER, SUCH AS HOME OWNERSHIP CLASSES, BUSINESS PLAN PREPARATION COURSES AND DEBT ELIMINATION CLASSES IN CONJUNCTION WITH VARIOUS LOCAL ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PHILLIP COOLEY RYAN COOLEY DIRECTOR PRESIDENT BROTHER RONALD COOLEY RYAN COOLEY TREASURER PRESIDENT FATHER PHILLIP COOLEY RONALD COOLEY DIRECTOR DIRECTOR SON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SIGNING OFFICER REVIEWS AND EMAILS THE 990 TO ALL MEMBERS BEFORE APPROVING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4APPROVED BY ALL MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5APPROVED BY ALL MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02363439
IRS990/TotalAssetsEOYAmt02376525
IRS990/TotalAssetsGrp/BOYAmt02363439
IRS990/TotalAssetsGrp/EOYAmt02376525
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02191
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt023500
IRS990/TotalFunctionalExpensesGrp/TotalAmt025691
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02363439
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02376525
IRS990/TotalProgramServiceExpensesAmt023500
IRS990/TotalProgramServiceRevenueAmt038777
IRS990/TotalReportableCompFromOrgAmt012000
IRS990/TotalRevenueGrp/ExclusionAmt038777
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt038777
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02363439
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02376525
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02122 MICHIGAN AVENUE
IRS990/USAddress/CityNm0DETROIT
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048216
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0GUIDESTAR.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RONALD COOLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER/SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum03139639891
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CORKTOWN COMMUNITY DEVELOPMENT FUND
ReturnHeader/Filer/BusinessNameControlTxt0CORK
ReturnHeader/Filer/EIN0205654069
ReturnHeader/Filer/PhoneNum03139639891
ReturnHeader/Filer/USAddress/AddressLine1Txt02122 MICHIGAN AVENUE
ReturnHeader/Filer/USAddress/CityNm0DETROIT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048216
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263866753
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AUSTIN NIESTER SCHWEIHOFER & FINNEGAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02425 MILITARY STREET BUILDING 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORT HURON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048060
ReturnHeader/PreparerPersonGrp/PhoneNum08109859000
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURA L SCHWEIHOFER
ReturnHeader/ReturnTs02025-09-19T12:27:25-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • $1M-$5M nonprofits