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Nonprofit · EIN 85-0930285

DETROIT CDFI COALITION

Tax-exempt · DETROIT, MI 48243

Financials

$85K$76K2024
Revenue Expenses · by fiscal year end
Financials of DETROIT CDFI COALITION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$84,868$75,864$9,004$20,170$500$19,670
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$61,368
Membership dues
$23,500
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$50,234
Other expenses
$25,630
Program services (functional)
$29,060

Balance sheet and other

Total assets, start of year
$14,666
Total assets, end of year
$20,170
Total liabilities, end of year
$500
Net assets, end of year
$19,670
Cash, savings and investments
$20,170
Gross receipts
$84,868

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JENNIFER HAYESBOARD CHAIR1$0
JOANNA DUEWEKE-PEREZVICE CHAIR1$0
CHRISTINE COADY NARAYANANSECRETARY1$0
HANK HUBBARDTREASURER1$0
DREXTEL AMYDIRECTOR1$0
JENNIFER BOROWYDIRECTOR1$0
STACY ESBROOKDIRECTOR1$0
TANESIA GREERDIRECTOR1$0
JESSICA HINTONDIRECTOR1$0
ROB LOCKETTDIRECTOR1$0
MICHELLE MATTHEWSDIRECTOR1$0
JOHN NOLANDIRECTOR1$0
JOHN SCHOENIGERDIRECTOR1$0
KEVIN SWEENEYDIRECTOR1$0
BELINDA TURNER-DuBOISDIRECTOR1$0
1 more people on this return
NameTitleHours / weekCompensation
CHRIS UHLDIRECTOR1$0

Address and contacts

Address (IRS master file)
600 RENAISSANCE CTR STE 1710, DETROIT, MI 48243-1810
In care of
% JENNIFER HAYES
Mailing address (990-N for 2023)
600 RENAISSANCE CTR STE 1710, DETROIT MI 48243
Principal officer (990-N for 2023)
Jennifer Hayes, 600 RENAISSANCE CTR, STE 1710, DETROIT MI 48243
Signed the 990-EZ
Jennifer Hayes, Treasurer
Phone
(989) 205-2083

Mission

Detroit CDFI Coalition is organized for the purpose of furthering community economic development financing in the City of Detroit, Michigan, promoting and assisting growth and development of community development opportunities through the accessibility of capital resources to support the creation, revitalization and redevelopment of affordable housing, the development and support for micro and small businesses, increased access to healthy food initiatives and facilities, the development and support for the construction and redevelopment of community facilities and community development real estate development projects, all of which are focused on benefiting low to moderate income households and/or undercapitalized or underserved neighborhoods as designated by federally authorized entities.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Promoting and assisting growth and development of community development opportunities through the accessibility of capital resources to support the creation.
    Expenses $29,060

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
85-0930285
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$20,170
Income (IRS master file)
$84,868

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$84,868$75,864$20,170XML
990-N for 2023
Officer: Jennifer Hayes
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2021December 31, 2021≤ $50,000 receipts––e-Postcard

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 85-0930285).

Questions about DETROIT CDFI COALITION

What is the EIN of DETROIT CDFI COALITION?
The employer identification number (EIN) of DETROIT CDFI COALITION is 85-0930285.
Is DETROIT CDFI COALITION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to DETROIT CDFI COALITION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DETROIT CDFI COALITION 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 CDFI COALITION 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 DETROIT CDFI COALITION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of DETROIT CDFI COALITION?
The 990-N for 2023 names Jennifer Hayes.
Who are the officers and directors of DETROIT CDFI COALITION?
The 990-EZ for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
How much revenue does DETROIT CDFI COALITION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $84,868, expenses of $75,864 and total assets of $20,170 at year end.

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