CORKTOWN COMMUNITY DEVELOPMENT FUND is a Public Charity headquartered in DETROIT, MI. Financial data from the 2024 filing: $39K revenue, $26K expenses, $2.4M total assets.
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.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $39K | $26K | $2.4M |
| 2023 | $48K | $28K | $2.4M |
| 2022 | $14K | $56K | $2.3M |
| 2021 | $402K | $94K | $2.4M |
| 2020 | $58K | $52K | $2.1M |
Between 2020 and 2024, reported annual revenue declined from $58K to $39K (-33%), with total assets most recently reported at $2.4M.
Interactive year-over-year charts and full filing details available with membership.
