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CORKTOWN COMMUNITY DEVELOPMENT FUND

EIN: 20-5654069Detroit, MIZIP: 48216
S31 - Community Improvement & Capacity Building501(c)(3)

Mission

THE ORGANIZATION'S PURPOSE IS THE REVITALIZATION OF ECONOMICALLY DISTRESSED COMMUNITIES, IN PARTICULAR, THE WESTERN AREA OF DETROIT, MI KNOWN AS CORKTOWN. THE ORGANIZATION WILL PROVIDE LENDING TO ELIGIBLE INDIVIDUALS AND SMALL BUSINESSES AT REDUCED RATES AND AT FLEXIBLE TERMS. IN ADDITION, WE WILL PROVIDE EDUCATION TO THE BORROWER, SUCH AS HOME OWNERSHIP CLASSES, BUSINESS PLAN PREPARATION COURSES AND DEBT ELIMINATION CLASSES IN CONJUNCTION WITH VARIOUS LOCAL ORGANIZATIONS.

Financials

YearRevenueExpensesAssets
2024$39k$0$2.4M
2023$48k$0$2.4M

Compensation

2024

RONALD COOLEY
Treasurer/se
board treasurer
$0
$0
$0
$12,000
PHILLIP COOLEY
Director
board member
$0
$0
$0
$0
RYAN COOLEY
President
chief executive officer
$0
$0
$0
$0

2023

RONALD COOLEY
Treasurer/Se
board treasurer
$0
$0
$0
$12,000
RYAN COOLEY
President
chief executive officer
$0
$0
$0
$4,000
PHILLIP COOLEY
Director
board member
$0
$0
$0
$0

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