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Nonprofit · EIN 38-2192028

DETROIT ECONOMIC GROWTH CORP

Tax-exempt · DETROIT, MI 48226

Financials

$9.5M$9.5M2022$10.4M$10.4M2023$10.5M$10.4M2024
Revenue Expenses · by fiscal year end
Financials of DETROIT ECONOMIC GROWTH CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$10,468,570$10,432,405$36,165$7,805,036$867,735$6,937,301
June 30, 2024990$10,364,824$10,446,492-$81,668$7,960,504$1,059,368$6,901,136
June 30, 2023990$9,492,028$9,540,649-$48,621$8,488,722$1,505,918$6,982,804
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$10,264,211
Investment income
$204,359
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,571,024
Other salaries and wages
$5,199,518
Salaries, compensation and benefits (total)
$8,874,016
Professional fundraising fees
$0
Legal fees
$61,536
Occupancy
$509,121
Travel
$3,265
Depreciation
$56,543
Program services (functional)
$8,679,722
Management and general (functional)
$1,752,683

Balance sheet and other

Total assets, start of year
$7,960,504
Total assets, end of year
$7,805,036
Total liabilities, end of year
$867,735
Net assets, end of year
$6,937,301
Land, buildings and equipment
$86,668
Net assets without donor restrictions
$3,132,893
Net assets with donor restrictions
$3,804,408
Gross receipts
$10,468,570
Employees
79
Volunteers
0
Year formed
1978
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KEVIN JOHNSONPRESIDENT AND C.E.O.
Trustee or director, Officer
55$401,834$66,285
GLEN W LONG JREXEC. V-P OF ADMIN. AND C.F.O.
Officer
50$271,351$57,923
MARLO RENCHERPRESIDENT, DETROIT MEANS BUSINESS
Key employee
50$237,966$50,348
REBECCA NAVINGENERAL COUNSEL
Key employee
50$227,992$52,667
KENYETTA HAIRSTON-BRIDGESEXEC. V-P, ECON. DEV. AND INV. SERV.
Officer
50$206,268$27,464
DAVID WHITEVICE-PRESIDENT, BUSINESS DEVELOPMENT
Highest-paid employee
50$141,021$39,613
DAVID HOWELLSR. DIR., REAL ESTATE DEVELOPMENT
Highest-paid employee
50$146,271$22,129
KELLY SHOVANCONTROLLER
Highest-paid employee
50$130,933$36,115
SEAN GRAYVICE-PRES., SMALL BUSINESS SERVICES
Highest-paid employee
50$150,393$13,480
TIFFINI SMITHVICE-PRESIDENT, HUMAN RESOURCES
Highest-paid employee
50$121,222$38,835
JENNIFER KANALOSVICE-PRESIDENT, BOARD ADMINISTRATION
Highest-paid employee
50$143,373$16,373
CONRAD L MALLETT JRCHAIR
Trustee or director, Officer
1$0$0
ANDRA RUSHVICE-CHAIR
Trustee or director, Officer
1$0$0
MICHAEL TYSONTREASURER
Trustee or director, Officer
1$0$0
JACCI WOODSSECRETARY
Trustee or director, Officer
1$0$0
33 more people on this return
NameTitleHours / weekCompensation
MIKYIA AARONDIRECTOR
Trustee or director
1$0
APRIL ANDERSONDIRECTOR
Trustee or director
1$0
MARVIN BEATTYDIRECTOR
Trustee or director
1$0
MICHAEL BICKERSDIRECTOR
Trustee or director
1$0
NEAL BISHOPDIRECTOR
Trustee or director
1$0
KOFI BONNERDIRECTOR
Trustee or director
1$0
JERRY DARBYDIRECTOR
Trustee or director
1$0
EVA GARZA DEWAELSCHEDIRECTOR
Trustee or director
1$0
JENNIFER DEWEYDIRECTOR
Trustee or director
1$0
KIMBERLY ANDREWS ESPYDIRECTOR
Trustee or director
1$0
MOHAMAD HAMMOUDDIRECTOR
Trustee or director
1$0
KENNETH L HARRISDIRECTOR
Trustee or director
1$0
DIMITRIUS HUTCHERSONDIRECTOR
Trustee or director
1$0
GEORGE W JACKSON JRDIRECTOR
Trustee or director
1$0
YVETTE JOHNSONDIRECTOR
Trustee or director
1$0
NATALIE KINGDIRECTOR
Trustee or director
1$0
MARSHAL S KLEVENDIRECTOR
Trustee or director
1$0
ERIC LARSONDIRECTOR
Trustee or director
1$0
MIKE MCLAUCHLANDIRECTOR
Trustee or director
1$0
DAVID E MEADORDIRECTOR
Trustee or director
1$0
DARRELL MIDDLETONDIRECTOR
Trustee or director
1$0
KHALIL RAHALDIRECTOR
Trustee or director
1$0
MICHELLE REAVESDIRECTOR
Trustee or director
1$0
NED STAEBLERDIRECTOR
Trustee or director
1$0
RONALD STALLWORTHDIRECTOR
Trustee or director
1$0
TONY STOVALLDIRECTOR
Trustee or director
1$0
TERENCE A THOMAS SRDIRECTOR
Trustee or director
1$0
GARY TORGOWDIRECTOR
Trustee or director
1$0
ALEXA TURNAGEDIRECTOR
Trustee or director
1$0
JAMES VELLADIRECTOR
Trustee or director
1$0
HASSAN BEYDOUNDIRECTOR (EX-OFFICIO)
Trustee or director
1$0
MIKE DUGGANDIRECTOR (EX-OFFICIO)
Trustee or director
1$0
MARY SHEFFIELDDIRECTOR (EX-OFFICIO)
Trustee or director
1$0
990 for the year ended June 30, 2024: 41 people
NameTitleHours / weekCompensationOther / benefits
KEVIN JOHNSONPRESIDENT AND C.E.O.
Trustee or director, Officer
55$370,299$54,344
GLEN W LONG JREXEC. V-P OF ADMIN. AND C.F.O.
Officer
50$261,164$55,598
KENYETTA HAIRSTON-BRIDGESEXEC. V-P, ECON. DEV. AND INV. SERV.
Officer
50$255,067$50,237
REBECCA NAVINGENERAL COUNSEL
Key employee
50$221,518$50,176
MARLO RENCHERPRESIDENT, DETROIT MEANS BUSINESS
Key employee
50$184,843$23,995
KELLY SHOVANCONTROLLER
Highest-paid employee
50$126,283$34,088
DAVID HOWELLSR. DIR., REAL ESTATE DEVELOPMENT
Highest-paid employee
50$123,638$29,668
SEAN GRAYVICE-PRES., SMALL BUSINESS SERVICES
Highest-paid employee
50$132,771$14,738
ANDREW LUCCOSR. DIRECTOR, MOTOR CITY MATCH
Highest-paid employee
50$128,153$19,100
JENNIFER KANALOSVICE-PRESIDENT, BOARD ADMINISTRATION
Highest-paid employee
50$130,825$15,485
CONRAD L MALLETT JRCHAIR
Trustee or director, Officer
1$0$0
JOHN BLANCHARDVICE-CHAIR
Trustee or director, Officer
1$0$0
ANDRA RUSHVICE-CHAIR
Trustee or director, Officer
1$0$0
MICHAEL TYSONTREASURER
Trustee or director, Officer
1$0$0
JACCI WOODSSECRETARY
Trustee or director, Officer
1$0$0
MIKYIA AARONDIRECTOR
Trustee or director
1$0$0
APRIL ANDERSONDIRECTOR
Trustee or director
1$0$0
MARVIN BEATTYDIRECTOR
Trustee or director
1$0$0
DAVE BLASZKIEWICZDIRECTOR
Trustee or director
1$0$0
KOFI BONNERDIRECTOR
Trustee or director
1$0$0
EVA GARZA DEWAELSCHEDIRECTOR
Trustee or director
1$0$0
MOHAMAD HAMMOUDDIRECTOR
Trustee or director
1$0$0
KENNETH L HARRISDIRECTOR
Trustee or director
1$0$0
DIMITRIUS HUTCHERSONDIRECTOR
Trustee or director
1$0$0
GEORGE W JACKSON JRDIRECTOR
Trustee or director
1$0$0
MARSHAL S KLEVENDIRECTOR
Trustee or director
1$0$0
ERIC LARSONDIRECTOR
Trustee or director
1$0$0
MIKE MCLAUCHLANDIRECTOR
Trustee or director
1$0$0
DAVID E MEADORDIRECTOR
Trustee or director
1$0$0
DARRELL MIDDLETONDIRECTOR
Trustee or director
1$0$0
ADELAIDE PASCARISDIRECTOR
Trustee or director
1$0$0
NED STAEBLERDIRECTOR
Trustee or director
1$0$0
RONALD STALLWORTHDIRECTOR
Trustee or director
1$0$0
TONY STOVALLDIRECTOR
Trustee or director
1$0$0
TERENCE A THOMAS SRDIRECTOR
Trustee or director
1$0$0
TONY TOMCZAKDIRECTOR
Trustee or director
1$0$0
GARY TORGOWDIRECTOR
Trustee or director
1$0$0
JAMES VELLADIRECTOR
Trustee or director
1$0$0
HASSAN BEYDOUNDIRECTOR (EX-OFFICIO)
Trustee or director
1$0$0
MIKE DUGGANDIRECTOR (EX-OFFICIO)
Trustee or director
1$0$0
MARY SHEFFIELDDIRECTOR (EX-OFFICIO)
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 41 people
NameTitleHours / weekCompensationOther / benefits
KEVIN JOHNSONPRESIDENT AND C.E.O.
Trustee or director, Officer
50$322,375$55,408
GLEN W LONG JREXEC. V-P OF ADMIN. AND C.F.O.
Officer
50$245,394$53,521
KENYETTA HAIRSTON-BRIDGESEXEC. V-P, ECON. DEV. AND INV. SERV.
Officer
50$216,628$46,906
REBECCA NAVINGENERAL COUNSEL
Key employee
50$205,115$46,511
AMANDA HANLINCHIEF OF STAFF
Officer
50$143,234$37,334
KELLY SHOVANCONTROLLER
Highest-paid employee
50$119,265$34,881
MARK DENSONSR. DIR., STRATEGY AND OPERATIONS
Highest-paid employee
40$118,432$32,490
DAVID HOWELLSR. DIR., REAL ESTATE
Highest-paid employee
40$117,953$26,856
MALINDA JENSENV-P, GOVERNMENTAL AFFAIRS
Highest-paid employee
50$120,396$20,717
CONRAD L MALLETT JRCHAIR
Trustee or director, Officer
1$0$0
MARVIN BEATTYVICE-CHAIR
Trustee or director, Officer
1$0$0
JOHN BLANCHARDVICE-CHAIR
Trustee or director, Officer
1$0$0
ANDRA RUSHVICE-CHAIR
Trustee or director, Officer
1$0$0
MICHAEL TYSONTREASURER
Trustee or director, Officer
1$0$0
JACCI WOODSSECRETARY
Trustee or director, Officer
1$0$0
MIKYIA AARONDIRECTOR
Trustee or director
1$0$0
APRIL ANDERSONDIRECTOR
Trustee or director
1$0$0
HASSAN BEYDOUNDIRECTOR
Trustee or director
1$0$0
DAVID BLASKIEWICZDIRECTOR
Trustee or director
1$0$0
KOFI BONNERDIRECTOR
Trustee or director
1$0$0
EVA GARZA DEWAELSCHEDIRECTOR
Trustee or director
1$0$0
MIKE DUGGANDIRECTOR
Trustee or director
1$0$0
MOHAMAD HAMMOUDDIRECTOR
Trustee or director
1$0$0
KENNETH L HARRISDIRECTOR
Trustee or director
1$0$0
DIMITRIUS HUTCHERSONDIRECTOR
Trustee or director
1$0$0
GEORGE W JACKSON JRDIRECTOR
Trustee or director
1$0$0
MARSHAL S KLEVENDIRECTOR
Trustee or director
1$0$0
ERIC LARSONDIRECTOR
Trustee or director
1$0$0
MIKE MCLAUCHLANDIRECTOR
Trustee or director
1$0$0
DAVID E MEADORDIRECTOR
Trustee or director
1$0$0
DARRELL MIDDLETONDIRECTOR
Trustee or director
1$0$0
ADELAIDE PASCARISDIRECTOR
Trustee or director
1$0$0
CYNTHIA PASKYDIRECTOR
Trustee or director
1$0$0
MARY SHEFFIELDDIRECTOR
Trustee or director
1$0$0
NED STAEBLERDIRECTOR
Trustee or director
1$0$0
RONALD STALLWORTHDIRECTOR
Trustee or director
1$0$0
TONY STOVALLDIRECTOR
Trustee or director
1$0$0
TERENCE A THOMAS SRDIRECTOR
Trustee or director
1$0$0
TONY TOMCZAKDIRECTOR
Trustee or director
1$0$0
GARY TORGOWDIRECTOR
Trustee or director
1$0$0
JAMES VELLADIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
500 GRISWOLD ST STE 2200, DETROIT, MI 48226-4402
Principal officer (990 for 2024)
KEVIN JOHNSON, 500 GRISWOLD 2200, DETROIT, MI 482263480
Signed the 990
KEVIN JOHNSON, PRESIDENT AND C.E.O.
Phone
(313) 963-2940
Return prepared by
GJC CPA'S & ADVISORS

Mission

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

990 for the year ended June 30, 2025

Program accomplishments

  • PROMOTION OF ACTIVITIES TO SPUR ECONOMIC GROWTH AND REVITALIZATION IN THE CITY OF DETROIT
    Expenses $8,679,722 · revenue $10,264,211

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
38-2192028
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1978
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,805,036
Income (IRS master file)
$10,468,570

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$10,468,570$10,432,405$7,805,036XML
990June 2024$10,364,824$10,446,492$7,960,504XML
990June 2023$9,492,028$9,540,649$8,488,722XML
990June 2022$10,420,774$8,819,151$7,209,211IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-2192028).

Questions about DETROIT ECONOMIC GROWTH CORP

What is the EIN of DETROIT ECONOMIC GROWTH CORP?
The employer identification number (EIN) of DETROIT ECONOMIC GROWTH CORP is 38-2192028.
Is DETROIT ECONOMIC GROWTH CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1978.
Are donations to DETROIT ECONOMIC GROWTH CORP tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does DETROIT ECONOMIC GROWTH CORP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DETROIT ECONOMIC GROWTH CORP due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DETROIT ECONOMIC GROWTH CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of DETROIT ECONOMIC GROWTH CORP?
The 990 for the year ended June 30, 2025 names KEVIN JOHNSON.
Who are the officers and directors of DETROIT ECONOMIC GROWTH CORP?
The 990 for the year ended June 30, 2025 lists 48 people; 11 received compensation from the organization, the highest $401,834 (KEVIN JOHNSON, PRESIDENT AND C.E.O.).
How much revenue does DETROIT ECONOMIC GROWTH CORP have?
On its 990 for the year ended June 30, 2025 it reported revenue of $10,468,570, expenses of $10,432,405 and total assets of $7,805,036 at year end.

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