Detroit Economic Growth Corporation

DETROIT, MI EIN: 38-2192028 Website

PROMOTION OF ACTIVITIES TO SPUR ECONOMIC GROWTH AND REVITALIZATION IN THE CITY OF DETROIT

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$8.0M

-6.2% YoY

Annual Giving

Grant Count

0

Avg Grant Size

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$11M20202021202220232024
Metric202420232022
Total Assets$7,960,504$8,488,722$7,209,211
Revenue$10,364,824$9,492,028$10,420,774
Expenses$10,446,492$9,540,649$8,819,151
Qualifying Distributions
Net Investment Income$377,805$191,933$68,905
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$400K$800K$1M$2M1 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Detroit Economic Growth Corporation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

KEVIN JOHNSONPRESIDENT AND C.E.O.$370KGLEN W LONG JREXEC. V-P OF ADMIN. AND C.F.O.$261KKENYETTA HAIRSTON-BR…EXEC. V-P, ECON. DEV. AND IN…$255KREBECCA NAVINGENERAL COUNSEL$222KMARLO RENCHERPRESIDENT, DETROIT MEANS BUS…$185KSEAN GRAYVICE-PRES., SMALL BUSINESS S…$133KJENNIFER KANALOSVICE-PRESIDENT, BOARD ADMINI…$131KANDREW LUCCOSR. DIRECTOR, MOTOR CITY MATCH$128KKELLY SHOVANCONTROLLER$126KDAVID HOWELLSR. DIR., REAL ESTATE DEVELO…$124K

From 2024 filing

NameTitleHoursCompensation
KEVIN JOHNSONPRESIDENT AND C.E.O.55$370,299
CONRAD L MALLETT JRCHAIR1
JOHN BLANCHARDVICE-CHAIR1
ANDRA RUSHVICE-CHAIR1
MICHAEL TYSONTREASURER1
JACCI WOODSSECRETARY1
MIKYIA AARONDIRECTOR1
APRIL ANDERSONDIRECTOR1
MARVIN BEATTYDIRECTOR1
DAVE BLASZKIEWICZDIRECTOR1
KOFI BONNERDIRECTOR1
EVA GARZA DEWAELSCHEDIRECTOR1
MOHAMAD HAMMOUDDIRECTOR1
KENNETH L HARRISDIRECTOR1
DIMITRIUS HUTCHERSONDIRECTOR1
GEORGE W JACKSON JRDIRECTOR1
MARSHAL S KLEVENDIRECTOR1
ERIC LARSONDIRECTOR1
MIKE MCLAUCHLANDIRECTOR1
DAVID E MEADORDIRECTOR1
DARRELL MIDDLETONDIRECTOR1
ADELAIDE PASCARISDIRECTOR1
NED STAEBLERDIRECTOR1
RONALD STALLWORTHDIRECTOR1
TONY STOVALLDIRECTOR1
TERENCE A THOMAS SRDIRECTOR1
TONY TOMCZAKDIRECTOR1
GARY TORGOWDIRECTOR1
JAMES VELLADIRECTOR1
HASSAN BEYDOUNDIRECTOR (EX-OFFICIO)1
MIKE DUGGANDIRECTOR (EX-OFFICIO)1
MARY SHEFFIELDDIRECTOR (EX-OFFICIO)1
GLEN W LONG JREXEC. V-P OF ADMIN. AND C.F.O.50$261,164
KENYETTA HAIRSTON-BRIDGESEXEC. V-P, ECON. DEV. AND INV. SERV.50$255,067
REBECCA NAVINGENERAL COUNSEL50$221,518
MARLO RENCHERPRESIDENT, DETROIT MEANS BUSINESS50$184,843
KELLY SHOVANCONTROLLER50$126,283
DAVID HOWELLSR. DIR., REAL ESTATE DEVELOPMENT50$123,638
SEAN GRAYVICE-PRES., SMALL BUSINESS SERVICES50$132,771
ANDREW LUCCOSR. DIRECTOR, MOTOR CITY MATCH50$128,153
JENNIFER KANALOSVICE-PRESIDENT, BOARD ADMINISTRATION50$130,825

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Detroit

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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