Nonprofit · EIN 26-4008431
INVEST DETROIT CDE
Tax-exempt · DETROIT, MI 48201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,818,792 | $1,299,862 | $518,930 | $4,882,430 | $93,598 | $4,788,832 |
| December 31, 2023 | 990 | $1,142,564 | $1,196,263 | -$53,699 | $4,575,773 | $305,871 | $4,269,902 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,650,782
- Investment income
- $43,268
- Other revenue
- $124,742
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $504,631
- Salaries, compensation and benefits (total)
- $504,631
- Professional fundraising fees
- $0
- Accounting fees
- $87,600
- Program services (functional)
- $751,657
- Management and general (functional)
- $548,205
Balance sheet and other
- Total assets, start of year
- $4,575,773
- Total assets, end of year
- $4,882,430
- Total liabilities, end of year
- $93,598
- Net assets, end of year
- $4,788,832
- Net assets without donor restrictions
- $4,788,832
- Gross receipts
- $1,818,792
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2009
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID BLASZKIEWICZ | PRESIDENT & CEO Trustee or director, Officer | 10 | $0 | $454,305 | $51,029 |
| KEONA COWAN | CHAIRMAN Trustee or director | 10 | $0 | $261,710 | $43,909 |
| CARRIE LEWAND-MONROE | CHIEF OPERATING OFFICER Officer | 10 | $0 | $265,209 | $27,102 |
| KENITA HARRIS | LIC REPRESENTATIVE Trustee or director | 0.5 | $0 | $0 | $0 |
| KENYETTA BRIDGES | LIC REPRESENTATIVE - PART YEAR Trustee or director | 0.5 | $0 | $0 | $0 |
| CAMILLE WALKER BANKS | LIC REPRESENTATIVE - PART YEAR Trustee or director | 0.5 | $0 | $0 | $0 |
| RICHARD HOSEY | LIC REPRESENTATIVE Trustee or director | 0.5 | $0 | $0 | $0 |
| DAVID HOWELL | LIC REPRESENTATIVE Trustee or director | 0.5 | $0 | $0 | $0 |
| DONALD RENCHER | LIC REPRESENTATIVE Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID BLASZKIEWICZ | PRESIDENT & CEO Trustee or director, Officer | 10 | $0 | $469,155 | $190,921 |
| KEONA COWAN | CHAIRMAN Trustee or director | 0.5 | $0 | $285,479 | $38,899 |
| CARRIE LEWAND-MONROE | CHIEF OPERATING OFFICER Officer | 20 | $0 | $286,238 | $26,807 |
| KENITA HARRIS | LIC REPRESENTATIVE Trustee or director | 0.5 | $0 | $0 | $0 |
| KENYETTA BRIDGES | LIC REPRESENTATIVE Trustee or director | 0.5 | $0 | $0 | $0 |
| SUSAN MOSEY | LIC REPRESENTATIVE Trustee or director | 0.5 | $0 | $0 | $0 |
| CAMILLE WALKER BANKS | LIC REPRESENTATIVE Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 950 SELDEN ST STE 360, DETROIT, MI 48201-2234
- In care of
- % DAVID BLASKIEWICZ
- Principal officer (990 for 2024)
- DAVID BLASZKIEWICZ, 600 RENAISSANCE CENTER 1710, DETROIT, MI 48243
- Signed the 990
- DAVID BLASZKIEWICZ, PRESIDENT/CEO
- Phone
- (313) 259-6368
- Website
- INVESTDETROIT.COM
- Return prepared by
- PLANTE & MORAN PLLC
Mission
INVEST DETROIT CDE'S MISSION IS TO SERVE OR MAKE LOANS OR PROVIDE EQUITY INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES OR LOW-INCOME PERSONS; TO TAKE ACTIONS TO QUALIFY AND CONTINUE THE QUALIFICATIONS AS A COMMUNITY DEVELOPMENT ENTITY; AND MAINTAIN ACCOUNTABILITY TO RESIDENTS OF LOW-INCOME COMMUNITIES THROUGH THE APPOINTMENT OF A BOARD OF DIRECTORS OF INDIVIDUALS WHO REPRESENT LOW-INCOME COMMUNITIES.
Program accomplishments
- PLACING NMTC ALLOCATION INTO QUALIFIED PROJECTSExpenses $751,657 · revenue $1,650,782
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-4008431
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $4,882,430
- Income (IRS master file)
- $1,818,792
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,818,792 | $1,299,862 | $4,882,430 | XML |
| 990 | December 2023 | $1,142,564 | $1,196,263 | $4,575,773 | XML |
| 990 | December 2022 | $153,307 | $280,479 | $4,395,199 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 26-4008431).
Questions about INVEST DETROIT CDE
- What is the EIN of INVEST DETROIT CDE?
- The employer identification number (EIN) of INVEST DETROIT CDE is 26-4008431.
- Is INVEST DETROIT CDE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2010.
- Are donations to INVEST DETROIT CDE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INVEST DETROIT CDE 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 INVEST DETROIT CDE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INVEST DETROIT CDE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of INVEST DETROIT CDE?
- The 990 for the year ended December 31, 2024 names DAVID BLASZKIEWICZ.
- Who are the officers and directors of INVEST DETROIT CDE?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does INVEST DETROIT CDE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,818,792, expenses of $1,299,862 and total assets of $4,882,430 at year end.
Other nonprofits in DETROIT
- WAYNE-METROPOLITAN COMMUNITY ACTION AGENCY EIN 38-1976979 · last filed 990 for 2025
- INVEST DETROIT FOUNDATION EIN 27-1927369 · last filed 990 for 2024
- FOUNDATION FOR DETROITS FUTURE EIN 46-4873153 · last filed 990 for 2024
- DOWNTOWN DETROIT PARTNERSHIP INC EIN 38-3436456 · last filed 990 for 2024
- DETROIT REGIONAL CHAMBER FOUNDATION INC EIN 38-2352462 · last filed 990 for 2025
- DETROIT REGIONAL PARTNERSHIP FOUNDATION EIN 83-1361974 · last filed 990 for 2024
- DETRIOT ECONOMIC GROWTH ASSOCIATION EIN 38-2433720 · last filed 990 for 2025
- CONNECT DETROIT EIN 38-3570727 · last filed 990 for 2024
All nonprofits in DETROIT · Michigan · Community improvement and capacity building