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Organizations Community Improvement & Capacity Building Invest Detroit Foundation

Invest Detroit Foundation

Fiscal year ending 2020. Filed on November 15, 2021.

600 Renaissance Center No 1710
Detroit, Michigan 48243

Invest Detroit Foundation (EIN: 27-1927369), also known as Invest Detroit, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Invest Detroit Foundation, a 501(c)(3) charitable organization, reported compensation for 8 out of 39 total employees. Among the employees shown here, the average compensation is $212,304. The highest compensated employee at Invest Detroit Foundation is David Blaszkiewicz with fiscal year 2020 compensation of $405,120.

Revenue, expenses, and employee compensation

Revenue

$36,635,285

Expenses

$12,609,786

Employee compensation

$5,369,370
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David Blaszkiewicz
President and Chief Executive Officer
$405,120
$368,365 No related comp$36,755
Patricia Glaza
Vice President and Managing Director
$241,051
$208,553 No related comp$32,498
Keona Cowan
Senior Vice President and Chief Lending Officer
$214,911
$183,777 No related comp$31,134
Carrie Lewand-Monroe
Executive Vice President
$212,803
$189,086 No related comp$23,717
Martin Dober
Vice President and Managing Director
$199,773
$169,557 No related comp$30,216
Randy Hyde
Senior Vice President, External Relations
$179,186
$155,658 No related comp$23,528
Marcia Ventura
Senior Vice President
$166,999
$156,854 No related comp$10,145
Sarah McClelland
Chief Operating Officer - PART YEAR
$78,590
$67,991 No related comp$10,599

Benchmark Employee Compensation

Non-Employee Board Members

Alan S Schwartz
Director
Antoine Garibaldi, Ph.D.
Director
Charles G McClure
Director
Chris Rizik
Director
Donald Kunz
Director
Gary Torgow
Director
Jerry Norcia
Director (Part-Year)
Joann Chavez
Director
John Blanchard
Director
Laura Trudeau
Director
Matthew P Cullen
Chair
Paul Trulik
Secretary and Treasurer

Mission Statement

IDF PROMOTES A HIGHER QUALITY OF LIFE FOR DISTRESSED COMMUNITIES, PRIMARILY IN THE CITY OF DETROIT THROUGH ATTRACTING NEW INDUSTRY, ENCOURAGING THE DEVELOPMENT OF BUSINESS, HOUSING, TRANSPORTATION AND OTHER COMMUNITY RESOURCES. IDF PROVIDES LOANS AND FINANCIAL ASSISTANCE TO PROMOTE COMMUNITY DEVELOPMENT AND COMBAT COMMUNITY DETERIORATION AND ECONOMIC BLIGHT.

Revisions to this organization profile

November 7, 2025:
2024 Invest Detroit Foundation 990 filed
November 15, 2024:
2023 Invest Detroit Foundation 990 filed
November 3, 2023:
2022 Invest Detroit Foundation 990 filed

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