Civic Intelligence

Develop Detroit Inc.

990 • Fiscal year 2020 • EIN 81-1368616

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 06, 2021

Organization ProfileWWW.DEVELOPDETROIT.ORG
1452 Randolph Street Suite 300Detroit, MI 48226

(313) 960-7700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.74x

Higher debt load relative to assets than 84% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

2.40x

Higher debt load relative to revenue than 89% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

88th percentile

41%

Higher net margin than 88% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

74th percentile

$267,019

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

74th percentile

20%

Faster asset growth than 74% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

100th percentile

3141%

Faster revenue growth than 100% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$24,758,650

Up $4,143,382 (+20%) from 2019

Net Assets

Up

$6,445,142

Up $3,168,572 (+97%) from 2019

Liabilities

Up

$18,313,508

Up $974,810 (+5.6%) from 2019

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin88th percentile

Revenue

Up

$7,642,414

Up $7,406,623 (+3141%) from 2019

Expenses

Up

$4,473,842

Up $1,853,733 (+71%) from 2019

Net Income

Up

$3,168,572

Up $5,552,890 (+233%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2016: $6,935,502Liabilities 2016: $1,772,096Net Assets 2016: $5,163,4062016Assets 2017: $9,478,632Liabilities 2017: $4,135,586Net Assets 2017: $5,343,0462017Assets 2018: $21,997,814Liabilities 2018: $16,356,593Net Assets 2018: $5,641,2212018Assets 2019: $20,615,268Liabilities 2019: $17,338,698Net Assets 2019: $3,276,5702019Assets 2020: $24,758,650Liabilities 2020: $18,313,508Net Assets 2020: $6,445,1422020Assets 2021: $25,520,597Liabilities 2021: $19,085,535Net Assets 2021: $6,435,0622021Assets 2022: $25,652,440Liabilities 2022: $21,644,592Net Assets 2022: $4,007,8482022Assets 2023: $27,747,131Liabilities 2023: $21,966,644Net Assets 2023: $5,780,4872023Assets 2024: $28,400,976Liabilities 2024: $23,836,275Net Assets 2024: $4,564,7012024

Highlighted filing

2020

Assets$24,758,650
Liabilities$18,313,508
Net Assets$6,445,142
Open 2020 Filing

Operations Trend

Revenue Growth100th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2016: $6,886,017Expenses 2016: $1,722,611Net Income 2016: $5,163,4062016Revenue 2017: $2,205,063Expenses 2017: $2,025,423Net Income 2017: $179,6402017Revenue 2018: $3,178,689Expenses 2018: $2,880,514Net Income 2018: $298,1752018Revenue 2019: $235,791Expenses 2019: $2,620,109Net Income 2019: -$2,384,3182019Revenue 2020: $7,642,414Expenses 2020: $4,473,842Net Income 2020: $3,168,5722020Revenue 2021: $4,872,421Expenses 2021: $4,882,501Net Income 2021: -$10,0802021Revenue 2022: $5,044,261Expenses 2022: $3,865,351Net Income 2022: $1,178,9102022Revenue 2023: $5,822,593Expenses 2023: $4,094,725Net Income 2023: $1,727,8682023Revenue 2024: $5,096,538Expenses 2024: $4,659,972Net Income 2024: $436,5662024

Highlighted filing

2020

Revenue$7,642,414
Expenses$4,473,842
Net Income$3,168,572
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 6, 2021
Return Version
2020v4.1
Gross Receipts
$8,641,927
Mission and Program Overview

Mission

SEE PAGE 1, QUESTION 1

Develop detroit, inc. Is a nonprofit community development firm focused on providing affordable and mixed income housing, as well asstrategic economic and commercial development that will help stabilize and transform disinvested neighborhoods. Ddi renovates andredevelops properties into high quality, inclusive housing that is well-designed and accessible to a broad range of detroiters. The firmdevelops across a wide range of real estate project types, including single-family rehabilitation and infill and multi- family preservation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$9,476,033$11,682,271▲ $2,206,238
Pledges and Grants Receivable$1,000,000$3,750,000▲ $2,750,000
Cash and Non-Interest-Bearing Accounts$1,236,593$592,986▼ $643,607
Land, Buildings, and Equipment, Net$86,814$86,814→ $0
Savings and Temporary Cash Investments$50,778$50,968▲ $190
Accounts Receivable-$27,250-
Prepaid Expenses and Deferred Charges$22,711$10,734▼ $11,977
Total Assets$20,615,268$24,758,650▲ $4,143,382
Other Assets Total$8,742,339$8,557,627▼ $184,712
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,008,332$15,113,535▲ $1,105,203
Accounts Payable and Accrued Expenses$3,330,366$3,054,521▼ $275,845
Other Liabilities$0$145,452▲ $145,452
Total Liabilities$17,338,698$18,313,508▲ $974,810
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,117,886$3,817,643▲ $1,699,757
Net Assets With Donor Restrictions$1,158,684$2,627,499▲ $1,468,815
Total Net Assets Fund Balance$3,276,570$6,445,142▲ $3,168,572
Total Liabilities and Net Assets / Fund Balance$20,615,268$24,758,650▲ $4,143,382

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$86,814-$86,814
Investment Program Related Org$5,048,589--
Other Assets Org$779,616--
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sonya MaysPresident & CEOFT$228,798$38,221$267,019
Craig WillianVice President of Real EstateFT$130,540$23,222$153,762
Mark MeierChief Financial OfficerFT$98,239$22,555$120,794
Sean WhiteDirector of Fund DevelopmentFT$100,507$17,015$117,522

Board Members and Trustees

NameTitle
Sherrie FarrellChair
Dennis Archer JrMember
Gwen ButlerMember
Jason PaulateerMember
Melissa WordenMember
Rick HallerMember
Thomas BledsoeMember
Dan VarnerMember (left During 2020)
Kate Kohn-parrottSecretary
Will SmithTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
The Housing Partnership Network INCManagement1 WASHINGTON MALL 12TH FLOOR, Boston, MA 02108$651,161
Lewand Custom HomesConstruction231 S OLD WOODWARD AVE 220, Birmingham, MI 48009$393,378
Revenue and Support

Revenue Composition

Contributions and Grants
$7,183,850
Program Service Revenue
$524,448
Investment Income
$-162,423
Other Revenue
$96,539
All Other Contributions
$6,006,019
Change in Net Assets
$3,168,572
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,568,766
Salaries, Compensation, and Employee Benefits$1,405,076
Grants and Similar Amounts Paid$500,000
Total Fundraising Expense$226,721
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$643,623$9,650$142,526$795,799
Fees for Services Management$550,678$147,983-$698,661
Interest$543,336--$543,336
Grants to Domestic Orgs$500,000--$500,000
Current Officers, Directors, Trustees, and Key Employees$194,225$151,021$42,587$387,833
Office Expenses$103,255$50,857-$154,112
Other Employee Benefits$120,651-$27,160$147,811
Other Expenses$110,325$12,064-$122,389
Occupancy$61,523$17,916-$79,439
Payroll Taxes$53,009$8,886$11,738$73,633
Fees for Services Accounting$55,130$10,440-$65,570
Fees for Services Other$21,882$6,314$2,000$30,196
Advertising$14,890--$14,890
Insurance-$14,742-$14,742
Fees for Services Legal$6,159$1,166-$7,325
Travel$2,841-$710$3,551
Total Functional Expenses$3,816,082$431,039$226,721$4,473,842
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Preservation of Affordable HousingBoston, MA501c3Affordable Real Estate Development$500,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$145,452
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Certain management and financial functions of develop detroit are performed by an unrelated management company, the housing partnership network, inc.”

Form 990, Part VI, Section A, Line 8B

“There are no committees that hold authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The board of directors reviews the form 990.”

Form 990, Part VI, Section B, Line 12C

“Possible conflicts of interest are reviewed and are noted as necessary at board meetings.”

Form 990, Part VI, Section B, Line 15A

“The board has instituted a formal board process for ceo performance and compensation which the the board will formally approve the ceo salary. The ceo reviews the compensation for all senior staff.”

Form 990, Part VI, Section C, Line 19

“All governing documents are available for inspection by the public at the organization's offices during normal business hours.”

Form 990, Part VI, Line 16B

“Develop detroit's policy over evaluating its participation in joint venture arrangements includes an assessment performed by management and the board of directors to ensure the terms of any potential joint venture relationship is permitted under applicable federal tax law and develop detroit's exempt status is being safeguarded. In addition, formal operating and other applicable agreements are formally executed by all parties involved and clearly outline develop detroit's role in all joint venture relationships.”

Filing and Contact Details

Filer

Filer Name
Develop Detroit Inc
EIN
81-1368616
Phone
3139607700
Address
1452 RANDOLPH STREET SUITE 300, DETROIT, MI 48226

Signing Officer

Name
Sonya Mays
Title
President & CEO
Phone
3139607700
Signed
2021-07-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sonya Mays
Formed
2015
Legal Domicile
Mi
Voting Board Members
10
Independent Board Members
9
Employees
14
Volunteers
9

Preparer

Firm
Aafcpas Inc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Andrew R Puricelli CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The selection of the independent auditor and the audit process are monitored by the full board of directors. This process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The agency accounts for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the consolidating financial statements regarding a tax position taken or expected to be taken in a tax return. The agency has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the consolidating financial statements at december 31, 2020. However, the agency's information returns are subject to examination by the appropriate taxing jurisdictions.”

Raw XML AppendixShowing 400 of 728 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.

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IRS990/ActivityOrMissionDesc0DEVELOP DETROIT, INC. IS A NONPROFIT COMMUNITY DEVELOPMENT FIRM FOCUSED ON PROVIDING AFFORDABLE AND MIXED INCOME HOUSING, AS WELL ASSTRATEGIC ECONOMIC AND COMMERCIAL DEVELOPMENT THAT WILL HELP STABILIZE AND TRANSFORM DISINVESTED NEIGHBORHOODS. DDI RENOVATES ANDREDEVELOPS PROPERTIES INTO HIGH QUALITY, INCLUSIVE HOUSING THAT IS WELL-DESIGNED AND ACCESSIBLE TO A BROAD RANGE OF DETROITERS. THE FIRMDEVELOPS ACROSS A WIDE RANGE OF REAL ESTATE PROJECT TYPES, INCLUDING SINGLE-FAMILY REHABILITATION AND INFILL AND MULTI- FAMILY PRESERVATION.
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IRS990/Desc0REAL ESTATE DEVELOPMENT - WE IMAGINE, DESIGN AND BUILD BEAUTIFUL HOUSING. WE CREATE MIXED-INCOME COMMUNITIES AND SINGLE-FAMILY HOMES ACROSS DETROIT FOR THE FULL RANGE OF DETROITERS. OUR WORK IS AN INTEGRATED APPROACH TO STABILIZING AND GROWING NEIGHBORHOODS DECIMATED BY THE RECENT HOUSING CRISIS.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT OF REAL ESTATE
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR OF FUND DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER (LEFT DURING 2020)
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02015
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IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-162613
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt01177831
IRS990/GrantAmt0500000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0500000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0500000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0836900
IRS990/GrossReceiptsAmt08641927
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt014742
IRS990/InsuranceGrp/TotalAmt014742
IRS990/InterestGrp/ProgramServicesAmt0543336
IRS990/InterestGrp/TotalAmt0543336
IRS990/InvestmentIncomeGrp/ExclusionAmt0190
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0190
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsProgramRelatedGrp/BOYAmt09476033
IRS990/InvestmentsProgramRelatedGrp/EOYAmt011682271
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt086814
IRS990/LandBldgEquipBasisNetGrp/EOYAmt086814
IRS990/LandBldgEquipCostOrOtherBssAmt086814
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0999513
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE PAGE 1, QUESTION 1
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt014008332
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt015113535
IRS990/NetAssetsOrFundBalancesBOYAmt03276570
IRS990/NetAssetsOrFundBalancesEOYAmt06445142
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-162613
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-162613
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02117886
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03817643
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt017916
IRS990/OccupancyGrp/ProgramServicesAmt061523
IRS990/OccupancyGrp/TotalAmt079439
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt050857
IRS990/OfficeExpensesGrp/ProgramServicesAmt0103255
IRS990/OfficeExpensesGrp/TotalAmt0154112
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08742339
IRS990/OtherAssetsTotalGrp/EOYAmt08557627
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt027160
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0120651
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0147811
IRS990/OtherExpensesGrp/Desc0IMPAIRMENT OF PROJECTS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012064
IRS990/OtherExpensesGrp/ProgramServicesAmt0834555
IRS990/OtherExpensesGrp/ProgramServicesAmt1110325
IRS990/OtherExpensesGrp/TotalAmt0834555
IRS990/OtherExpensesGrp/TotalAmt1122389
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0145452
IRS990/OtherRevenueMiscGrp/BusinessCd0900001
IRS990/OtherRevenueMiscGrp/Desc0INCOME FROM INVESTMENT IN AFFILIA
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt096539
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt096539
IRS990/OtherRevenueTotalAmt096539
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0142526
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt09650
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0643623
IRS990/OtherSalariesAndWagesGrp/TotalAmt0795799
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt011738
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08886
IRS990/PayrollTaxesGrp/ProgramServicesAmt053009
IRS990/PayrollTaxesGrp/TotalAmt073633
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01000000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt03750000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022711
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010734
IRS990/PrincipalOfficerNm0SONYA MAYS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900001
IRS990/ProgramServiceRevenueGrp/BusinessCd1900001
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME ON NOTE RECEIVABL
IRS990/ProgramServiceRevenueGrp/Desc1DEVELOPER FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0292226
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1232222
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0292226
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1232222
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01381344
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-1787743
IRS990/PYOtherExpensesAmt01308384
IRS990/PYOtherRevenueAmt0105100
IRS990/PYProgramServiceRevenueAmt0537090
IRS990/PYRevenuesLessExpensesAmt0-2384318
IRS990/PYSalariesCompEmpBnftPaidAmt01311725
IRS990/PYTotalExpensesAmt02620109
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0235791
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt03168572
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0458374
IRS990/SavingsAndTempCashInvstGrp/BOYAmt050778
IRS990/SavingsAndTempCashInvstGrp/EOYAmt050968
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt07183850
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01381344
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02880164
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01938264
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06885967
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt020269589
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0190
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0756
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0376
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0732
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt050
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02104
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01827393
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt05206226
IRS990ScheduleA/SubstantialContributorsTotAmt015063363
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt07183850
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01381344
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02880164
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01938264
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt06885967
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt020269589
IRS990ScheduleA/TotalSupportAmt020271693
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt086814
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt086814
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt06633682
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt15048589
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT IN AFFILIATES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1NOTE RECEIVABLE FROM 1346 GRATIOT LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05304990
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12473021
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2779616
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PROJECTS UNDER DEVELOPMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESTRICTED CASH
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0145452
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$24,758,650
Liabilities
$18,313,508
Net assets
$6,445,142
Revenue
$7,642,414
Expenses
$4,473,842
Net income
$3,168,572
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.4$23.8$4.56$5.10$4.66$0.44
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.7$22.0$5.78$5.82$4.09$1.73
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.7$21.6$4.01$5.04$3.87$1.18
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.5$19.1$6.44$4.87$4.88$0.01
2020Detailed filing. Detailed filing data is available for this year.$24.8$18.3$6.45$7.64$4.47$3.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.6$17.3$3.28$0.24$2.62$2.38
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.0$16.4$5.64$3.18$2.88$0.30
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.48$4.14$5.34$2.21$2.03$0.18
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.94$1.77$5.16$6.89$1.72$5.16