Develop Detroit Inc.
Fiscal year ending 2019. Filed on July 31, 2020.
1452 Randolph Street Suite 300
Detroit, Michigan 48226
Develop Detroit Inc. (EIN: 81-1368616) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Develop Detroit Inc., a 501(c)(3) charitable organization, reported compensation for 3 out of 12 total employees. Among the employees shown here, the average compensation is $232,741. The highest compensated employee at Develop Detroit Inc. is Sonya Mays with fiscal year 2019 compensation of $309,407.
Revenue, expenses, and employee compensation
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Mission Statement
DEVELOP DETROIT, INC. IS A NONPROFIT COMMUNITY DEVELOPMENT FIRM FOCUSED ON PROVIDING AFFORDABLE AND MIXED INCOME HOUSING, AS WELL AS STRATEGIC ECONOMIC AND COMMERCIAL DEVELOPMENT THAT WILL HELP STABILIZE AND TRANSFORM DISINVESTED NEIGHBORHOODS. DDI RENOVATES AND REDEVELOPS PROPERTIES INTO HIGH QUALITY, INCLUSIVE HOUSING THAT IS WELL-DESIGNED AND ACCESSIBLE TO A BROAD RANGE OF DETROITERS. THE FIRM DEVELOPS ACROSS A WIDE RANGE OF REAL ESTATE PROJECT TYPES, INCLUDING SINGLE-FAMILY REHABILITATION AND INFILL AND MULTI- FAMILY PRESERVATION.
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