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Filing year 2024

Detroit Development Fund

Detroit, Michigan·EIN 38-3322605·NTEE S43 · Community Improvement & Capacity Building·3
Total revenue
$4.9M
Total assets
$19.9M
Total expenses
$0
Reported officers
13
Mission

Detroit Development Fund (DDF) promotes the economic development of low to moderate income residents in the city of Detroit. DDF focuses on lending programs to provide financial assistance for minority small business owners, affordable housing developers and contractors, as well as job creation and retention for low to moderate-income Detroit residents.

Executive compensation, broken down

Form 990 · Schedule J · 5 reported individuals · Filing year 2024

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
VP of Operations
vice president
$179k
Loan Fund Manager
highest compensated employee
$174k
Senior Loan Officer
highest compensated employee
$139k
Director of Ddf Microloan
highest compensated employee
$138k

Plus 8 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Up 8%
from 2023

From $184k in 2023 to $199k in 2024.

$184k
2023
$199k
2024
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

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