Public Charity

DOWNTOWN DETROIT PARTNERSHIP INC

DOWNTOWN DETROIT PARTNERSHIP INC, of DETROIT, MI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $21.8M in revenue, $22.7M in expenses, $8.2M in total assets. 16 publicly reported grants to this organization, totaling roughly $1.9M, appear in IRS filings.

EIN: 383436456 DETROIT, MI Community & Neighborhood Development NTEE: S20 Latest filing: 2024
Total Revenue$21.8M
Total Expenses$22.7M
Total Assets$8.2M
Grant Records16
Funding Total$1.9M
Filing Years2019–2024

Mission

OUR MISSION IS TO ADVANCE DETROIT BY DRIVING ENGAGEMENT, DEVELOPMENT AND PROGRAMS THAT BENEFIT BUSINESSES, RESIDENTS AND VISITORS THROUGHOUT THE DOWNTOWN'S URBAN CORE. WE STRENGTHEN AND SUPPORT DOWNTOWN DETROIT THROUGH STRATEGIC INITIATIVES AND PROGRAMS THAT EVOLVE WITH THE CHANGING NEEDS OF THE COMMUNITY. DDP CONVENES BUSINESS, PHILANTHROPIC AND GOVERNMENT PARTNERS TO ENSURE THAT EFFORTS IN THE CREATION OF A VIBRANT URBAN CORE FOR DETROIT ARE BALANCED AND ALL PERSPECTIVES ARE CONSIDERED.

Where $100 goes at Downtown Detroit Partnership Inc

How Downtown Detroit Partnership Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$81 Programs the work itself
$16 Management running the organization
$3 Fundraising raising the next dollar

Inside the $81 for programs

$32
Major events
40% of program spending
$21
Michigan strategic fund revitalization and placemaking programin january 2023, ddp received a reimbursement grant award from the michigan strategic fund in the amount of $13,740,000 to support capital…
25% of program spending
$20
Rap
25% of program spending

Plus 2 more programs. Cost per person served and the full program breakdown are on the full profile.

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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.

Officers & Directors

DIRECTOR Amy Solek
DIRECTOR Andra Rush
DIRECTOR Andrew Cantor
DIRECTOR Arn Tellum
DIRECTOR Bishop Edgar Van Ii
DIRECTOR Cameron Piggott

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$1,270,254 4 grants
General Support
$405,092 10 grants
Unspecified
$230,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $21.8M $22.7M $8.2M
2023 $10.1M $8.3M $7.5M
2022 $5.0M $5.4M $3.9M
2020 $3.5M $3.4M $2.9M
2019 $4.0M $4.4M $2.9M

Between 2019 and 2024, reported annual revenue grew from $4.0M to $21.8M (+447%), with total assets most recently reported at $8.2M.

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

See the full picture for DOWNTOWN DETROIT PARTNERSHIP INC

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