Detroit Development Fund is a Public Charity headquartered in Detroit, MI. Financial data from the 2024 filing: $4.9M revenue, $2.9M expenses, $19.9M total assets. 11 publicly reported grants to this organization, totaling roughly $2.1M, appear in IRS filings.
Detroit Development Fund (DDF) promotes the economic development of low to moderate income residents in the city of Detroit. DDF focuses on lending programs to provide financial assistance for minority small business owners, affordable housing developers and contractors, as well as job creation and retention for low to moderate-income Detroit residents.
How Detroit Development Fund divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 11 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $4.9M | $2.9M | $19.9M |
| 2023 | $4.2M | $2.7M | $20.3M |
| 2022 | $3.2M | $2.4M | $18.2M |
| 2021 | $2.9M | $2.2M | $19.5M |
| 2020 | $3.2M | $3.0M | $19.3M |
Between 2020 and 2024, reported annual revenue grew from $3.2M to $4.9M (+52%), with total assets most recently reported at $19.9M.
Interactive year-over-year charts and full filing details available with membership.
