Public Charity

Prosperus Detroit Micro Lending

Prosperus Detroit Micro Lending, of Detroit, MI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.2M in revenue, $3.2M in expenses, $4.6M in total assets. 18 publicly reported grants to this organization, totaling roughly $4.4M, appear in IRS filings.

EIN: 462997666 Detroit, MI Latest filing: 2024
Total Revenue$4.2M
Total Expenses$3.2M
Total Assets$4.6M
Grant Records18
Funding Total$4.4M
Filing Years2019–2024

Mission

ProsperUs advances economic equity in under-resourced communities by supporting entrepreneurs with opportunities and capital needed to build businesses, generational wealth, and vibrant neighborhoods.

Sample Grants Received

2024
COMMUNITY IMPROVEMENT & CAPACITY BUILDING
$250,000
$130,000
2024
CHARITABLE DONATION
$26,500
2023
COMMUNITY IMPROVEMENT & CAPACITY BUILDING
$291,600
2022
COMMUNITY IMPROVEMENT & CAPACITY BUILDING PROGRAM
$200,000

Showing up to 5 of 18 total records — full history available with membership.

Officers & Directors

Director Chanell R Contreras
Director Don Jones
Director Hector Hernandez
Manager Joanna Dueweke-Perez
Director Kimberly Faison
Manager Matthew Bihun

Officer compensation and complete director data available with membership.

Top Grant Purposes

FLAGSTAR AD JP MORGAN CHASE FUNDS FOR MICROLOAN CAPITAL FUND
$1,440,000 3 grants
MICRO LENDING
$1,245,247 2 grants
Support of entrepreneurs and small business development in neighborhoods across Detroit through entrepreneurship training, financial coaching, technical assistance and micro-lending.
$600,000 2 grants
COMMUNITY IMPROVEMENT & CAPACITY BUILDING
$541,600 2 grants
SEE PART IV
$208,475 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $4.2M $3.2M $4.6M
2023 $1.8M $2.2M $4.2M
2022 $3.3M $2.0M $3.6M
2020 $1.4M $426K $2.1M
2019 $30K $8K $1.1M

Between 2019 and 2024, reported annual revenue grew from $30K to $4.2M (+13584%), with total assets most recently reported at $4.6M.

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

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