Develop Detroit Inc

Community development organization based in Detroit, MI. 11 employees. Exempt under §501(c)(3).

Financial snapshot · TY 2024

$5.1M
Total revenue
$4.7M
Total expenses
$28.4M
Net assets

Financial health · TY 2024

61
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
32
5.7 months of expenses
Program efficiency
81
82.3% spent on programs
Revenue diversity
82
Mix of program fees, grants & contributions

Leadership compensation

Sonya Mays
PRESIDENT & CEO
$292,767
83th percentile vs. peers
Craig Willian
CHIEF INVESTMENT OFFICER
$215,332
86th percentile vs. peers
Mark Meier
CHIEF FINANCIAL OFFICER
$191,143
85th percentile vs. peers
Anthony Pipitone
CONSTRUCTION MANAGER
$161,752
86th percentile vs. peers
Oren Brandvain
DIRECTOR, COMMUNITY INVEST
$126,046
86th percentile vs. peers

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Develop Detroit Inc Executive Compensation | 990 Data | DoubleNine