Mission
TO STIMULATE ECONOMIC DEVELOPMENT IN MICHIGAN BY PROMOTING AND ASSISTING IN THE GROWTH AND DEVELOPMENT OF BUSINESSES BY HELPING BUSINESSES TO OBTAIN FINANCING.
Public Charity
MICHIGAN CERTIFIED DEVELOPMENT CORP
MICHIGAN CERTIFIED DEVELOPMENT CORP, of EAST LANSING, MI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $4.3M in revenue, $4.3M in expenses, $10.2M in total assets. IRS filings disclose 4 grants awarded by this foundation, totaling roughly $150K.
EIN: 382476532
EAST LANSING, MI
Latest filing: 2025
Total Revenue$4.3M
Total Expenses$4.3M
Total Assets$10.2M
Grants Given4
Grant Total$150K
Filing Years2021–2025
Sample Grants Given
FUNDING OF A LOAN LOSS RESERVE
$45,000
FUNDING OF A LOAN LOSS RESERVE TO PROVIDE ECONOMIC DEVELOPMENT WITHIN THE COMMUNITY.
$45,000
FUNDING OF A LOAN LOSS RESERVE TO PROVIDE ECONOMIC DEVELOPMENT WITHIN THE COMMUNITY.
$40,000
THE DEVELOPMENT OF INITIATEPROSPERITY.COM WEB PORTAL.
$20,000
Showing up to 5 of 4 total records — full history available with membership.
Officers & Directors
DIRECTOR
Anthony Reed
DIRECTOR
Calvin C Cupidore Jr
CHAIR
Debra Gagliardi
VP OF 504 LENDING
Eric J Kehler
DIRECTOR
Gregory Nicholas
TREASURER/SECRETARY
James Fay
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $4.3M | $4.3M | $10.2M |
| 2024 | $4.1M | $4.0M | $9.7M |
| 2023 | $3.7M | $3.9M | $8.7M |
| 2022 | $3.3M | $3.7M | $8.3M |
| 2021 | $6.1M | $3.3M | $9.2M |
Between 2021 and 2025, reported annual revenue declined from $6.1M to $4.3M (-29%), with total assets most recently reported at $10.2M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in MI.
MI
Full geographic grant map with state-by-state breakdown available with membership.