Public Charity

GRANDMONT ROSEDALE DEVELOPMENT CORP

GRANDMONT ROSEDALE DEVELOPMENT CORP is a Public Charity headquartered in DETROIT, MI. Financial data from the 2024 filing: $4.2M revenue, $2.2M expenses, $4.7M total assets. 44 publicly reported grants to this organization, totaling roughly $4.3M, appear in IRS filings.

EIN: 382885952 DETROIT, MI Latest filing: 2024
Total Revenue$4.2M
Total Expenses$2.2M
Total Assets$4.7M
Grant Records44
Funding Total$4.3M
Filing Years2020–2024

Mission

THE GRANDMONT ROSEDALE DEVELOPMENT CORPORATION IS A NON-PROFIT, COMMUNITY-BASED ORGANIZATION WORKING TO PRESERVE AND IMPROVE THE GRANDMONT ROSEDALE NEIGHBORHOODS OF NORTHWEST DETROIT. WE TAKE A COMPREHENSIVE APPROACH TO COMMUNITY REVITALIZATION, WITH PROGRAMS DESIGNED TO RENOVATE VACANT HOMES, ASSIST LOCAL HOMEOWNERS AND BUSINESSES, BEAUTIFY OUR COMMUNITY AND KEEP OUR NEIGHBORHOODS SAFE AND VIBRANT.

Officers & Directors

TREASURER Alexander Derdelakos
SECRETARY Annie Mae Holt
DIRECTOR Carla White-Smith
DIRECTOR Cheryl Minniefield
PRESIDENT Dale Thompson
DIRECTOR Denise Sellers-Cole

Officer compensation and complete director data available with membership.

Top Grant Purposes

CAPACITY BUILDING
$1,330,667 5 grants
PRESERVATION
$940,770 1 grant
COMMUNITY & HUMAN SERVICES
$300,000 2 grants
COMMUNITY IMPROVEMENT & CAPACITY BUILDING
$289,040 2 grants
HUMAN SERVICES
$175,000 7 grants

Financial Trends

Year Revenue Expenses Assets
2024 $4.2M $2.2M $4.7M
2023 $1.2M $1.3M $2.8M
2022 $877K $1.1M $3.2M
2021 $902K $794K $3.9M
2020 $834K $872K $3.1M

Between 2020 and 2024, reported annual revenue grew from $834K to $4.2M (+409%), with total assets most recently reported at $4.7M.

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

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