Public Charity

SouthWest Detroit Business Association

Based in Detroit, MI, SouthWest Detroit Business Association operates as a Public Charity. The organization reported $1.8M in revenue, $1.8M in expenses, $6.1M in total assets for fiscal year 2024. Imperigo tracks 27 reported grant relationships connected to this organization totaling approximately $2.1M.

EIN: 382262287 Detroit, MI Latest filing: 2024
Total Revenue$1.8M
Total Expenses$1.8M
Total Assets$6.1M
Grant Records27
Funding Total$2.1M
Filing Years2020–2024

Mission

Facilitate Continuation/Enhancement of Economic Development in Southwest Detroit.

Officers & Directors

DIRECTOR Ahmad Hasan
DIRECTOR Elias Gutierrez
Executive Director Laura C Chavez Wazeerud-Din
DIRECTOR Mahja Zeon
DIRECTOR Shelley Holderbaum
TREASURER Steve Weiner

Officer compensation and complete director data available with membership.

Top Grant Purposes

COMMUNITY DEVELOPMENT FUND
$530,000 2 grants
SEE PART IV
$383,390 4 grants
COMMUNITY PRESERVATION AND DEVELOPMENT
$320,000 2 grants
LOANS, GRANTS AND RESOURCE DEVELOPMENT
$315,000 1 grant
COMMUNITY IMPROVEMENT & CAPACITY BUILDING
$184,865 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.8M $1.8M $6.1M
2023 $1.4M $1.8M $4.6M
2022 $1.3M $1.6M $4.5M
2021 $1.3M $1.9M $5.1M
2020 $1.1M $1.4M $5.0M

Between 2020 and 2024, reported annual revenue grew from $1.1M to $1.8M (+61%), with total assets most recently reported at $6.1M.

Interactive year-over-year charts and full filing details available with membership.

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