Public Charity

DEVELOP DETROIT INC

DEVELOP DETROIT INC is a Public Charity headquartered in DETROIT, MI. Financial data from the 2024 filing: $5.1M revenue, $4.7M expenses, $28.4M total assets. 24 publicly reported grants to this organization, totaling roughly $2.7M, appear in IRS filings.

EIN: 811368616 DETROIT, MI Latest filing: 2024
Total Revenue$5.1M
Total Expenses$4.7M
Total Assets$28.4M
Grant Records24
Funding Total$2.7M
Filing Years2020–2024

Mission

SEE PAGE 1, QUESTION 1

Sample Grants Received

$500,000
2024
COMMUNITY IMPROVEMENT & CAPACITY BUILDING
$60,000
2024
RESILIENCE - CLIMATE RISK REDUCTION
$25,000
$500,000
2023
COMMUNITY IMPROVEMENT & CAPACITY BUILDING
$200,000

Showing up to 5 of 24 total records — full history available with membership.

Officers & Directors

CONSTRUCTION MANAGER Anthony Pipitone
MEMBER (UNTIL 1/2024) Beverly Erickson
CHIEF INVESTMENT OFFICER Craig Willian
MEMBER Eric Chatman
MEMBER Gwen Butler
VICE CHAIR Jason Paulateer

Officer compensation and complete director data available with membership.

Top Grant Purposes

COMMUNITY & HUMAN SERVICES
$1,075,000 3 grants
CAPACITY BUILDING
$423,741 5 grants
COMMUNITY IMPROVEMENT & CAPACITY BUILDING
$260,000 2 grants
TO ASSIST LOCAL CHARITIES
$250,000 1 grant
OPERATING SUPPORT - COVID FUNDS
$156,817 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $5.1M $4.7M $28.4M
2023 $5.8M $4.1M $27.7M
2022 $5.0M $3.9M $25.7M
2021 $4.9M $4.9M $25.5M
2020 $7.6M $4.5M $24.8M

Between 2020 and 2024, reported annual revenue declined from $7.6M to $5.1M (-33%), with total assets most recently reported at $28.4M.

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

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