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      <Desc>Women in Development Session (March 2026) In March 2026, READ hosted its Women in Development Session as part of its Monthly General Body Meeting series, drawing nearly 600 registrations for a panel of women leaders in Detroit real estate and development: Cecily Kipling (Kipling Development), Yulonda Byrd (VP, Cinnaire Southeast MI), Shawanna Gajewski (Annapolis Pointe), Kishon Harbert (Encore Real Estate Investment Services), and Tammy Daniel (Detroit Land Bank Authority). The session created space for members to learn directly from women who have built successful careers and led major projects across development, finance, and public land management, highlighting the role of representation in expanding access and leadership opportunities. The program reflects READs commitment to cultivating a diverse pipeline of developers and ensuring all members regardless of background have models and pathways for advancement.</Desc>
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        <Desc>Fall Bus Tour (October 9, 2025) READ hosted its Fall Black Developer Bus Tour on October 9, 2025, with a little under 200 members and partners in attendance. Participants toured three active development sites led by Black developers across Detroit neighborhoods. Sites included the Russell Woods Senior Living Community (Icon Heritage Partners), a $28 million redevelopment of a vacant 12-story building into 77 units of affordable assisted senior housing in the Russell Woods neighborhood; the Higginbotham Art Residences (Roderick Hardamon, URGE Development Group), a $35.9 million adaptive reuse of the historic 1926 Higginbotham School in the Eight-Mile-Wyoming neighborhood into 100 units of affordable housing with art, community space, and an outdoor sculpture garden; and Trumbull Terrace (Cecily Kipling, Kipling Development), a 28-unit residential development in the Woodbridge neighborhood providing quality, attainably priced housing for middle-income residents near</Desc>
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        <Desc>Spring Bus Tour (April 9, 2026) READ hosted its Spring Black Developer Bus Tour on April 9, 2026, with a little under 200 members and partners in attendance. Participants toured four active development sites led by Black developers across Detroit neighborhoods, gaining firsthand exposure to project execution, financing strategy, and community-centered design. Sites included the OSI Art Apartments on the Grand River Corridor (Roderick A. Hardamon, URGE Development Group, and George NNamdi, NNamdi Holdings), a mixed-use development bringing 30 residential units and retail to a corridor that has not seen commercial development in a generation; the Islandview Project on the East Side (Lindsey Roland, Develop Detroit), a ground-up homeownership initiative focused on long-term neighborhood stability; The Deco on East Warren (Brandon Hodges and Damon Dickerson, TRIBE Development), a mixed-use affordable and workforce housing development with a community-driven design a</Desc>
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      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>false</FSAuditedInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleA documentId="IRS990ScheduleA">
      <PubliclySupportedOrg509a2Ind>X</PubliclySupportedOrg509a2Ind>
      <GiftsGrantsContrisRcvd509Grp>
        <CurrentTaxYearAmt>356429</CurrentTaxYearAmt>
        <TotalAmt>356429</TotalAmt>
      </GiftsGrantsContrisRcvd509Grp>
      <GrossReceiptsNonUnrltBusGrp>
        <CurrentTaxYearAmt>6169</CurrentTaxYearAmt>
        <TotalAmt>6169</TotalAmt>
      </GrossReceiptsNonUnrltBusGrp>
      <Total509Grp>
        <CurrentTaxYearAmt>362598</CurrentTaxYearAmt>
        <TotalAmt>362598</TotalAmt>
      </Total509Grp>
      <SubstAndDsqlfyPrsnsTotGrp>
        <CurrentTaxYearMinus4YearsAmt>0</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>0</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>0</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>0</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>0</CurrentTaxYearAmt>
        <TotalAmt>0</TotalAmt>
      </SubstAndDsqlfyPrsnsTotGrp>
      <PublicSupportTotal509Amt>362598</PublicSupportTotal509Amt>
      <GrossInvestmentIncome509Grp>
        <CurrentTaxYearAmt>10950</CurrentTaxYearAmt>
        <TotalAmt>10950</TotalAmt>
      </GrossInvestmentIncome509Grp>
      <InvestmentIncomeAndUBTIGrp>
        <CurrentTaxYearAmt>10950</CurrentTaxYearAmt>
        <TotalAmt>10950</TotalAmt>
      </InvestmentIncomeAndUBTIGrp>
      <TotalSupportCalendarYearGrp>
        <CurrentTaxYearMinus4YearsAmt>0</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>0</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>0</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>0</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>373548</CurrentTaxYearAmt>
        <TotalAmt>373548</TotalAmt>
      </TotalSupportCalendarYearGrp>
      <First5Years509Ind>X</First5Years509Ind>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="IRS990ScheduleD">
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>4106</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>1006</DepreciationAmt>
        <BookValueAmt>3100</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>3100</TotalBookValueLandBuildingsAmt>
    </IRS990ScheduleD>
    <IRS990ScheduleI documentId="IRS990ScheduleI">
      <GrantRecordsMaintainedInd>true</GrantRecordsMaintainedInd>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Monitoring procedures (Part I, line 2)</FormAndLineReferenceDesc>
        <ExplanationTxt>RETURN IS REVIEWED BEFORE FILING</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleI>
    <IRS990ScheduleO documentId="IRS990ScheduleO">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Member election for additional members Part VI line 7a</FormAndLineReferenceDesc>
        <ExplanationTxt>MEMBERS DONT HAVE AUTHORITY TO APPOINT OR REMOVE BOARD MEMBERS</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Governing body decisions Part VI line 7b</FormAndLineReferenceDesc>
        <ExplanationTxt>MEMBERS DONT HAVE AUTHORITY TO APPROVE MAJOR ORGANIZATIONAL DECISIONS</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990 governing body review Part VI line 11</FormAndLineReferenceDesc>
        <ExplanationTxt>990 IS PROVIDED FOR REVIEW</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Governing documents etc available to public Part VI line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>