Mission
PROMOTION OF ACTIVITIES TO SPUR ECONOMIC GROWTH AND REVITALIZATION IN THE CITY OF DETROIT
Executive compensation, broken down
Form 990 · Schedule J · 10 reported individuals · Filing year 2023
President and C.e.o.
$425k
$462k
- Base
- $316k
- Bonus
- $41k
- Other
- $13k
- Benefits
- $26k
Exec. V-p of Admin. and C.f.o.
officer (unspecified)
$317k
$345k
- Base
- $242k
- Bonus
- $18k
- Other
- $1k
- Benefits
- $26k
Exec. V-p, Econ. Dev. and Inv. Serv.
officer (unspecified)
$305k
$332k
- Base
- $242k
- Bonus
- $13k
- Other
- $482
- Benefits
- $21k
General Counsel
key employee
$272k
$296k
- Base
- $196k
- Bonus
- $25k
- Other
- $292
- Benefits
- $25k
President, Detroit Means Business
key employee
$209k
$227k
- Base
- $185k
- Bonus
- —
- Other
- $230
- Benefits
- $19k
Controller
highest compensated employee
$160k
$174k
- Base
- $120k
- Bonus
- $6k
- Other
- $93
- Benefits
- $22k
Sr. Dir., Real Estate Development
highest compensated employee
$153k
$167k
- Base
- $120k
- Bonus
- $4k
- Other
- $394
- Benefits
- $19k
Vice-pres., Small Business Services
highest compensated employee
$148k
$160k
Sr. Director, Motor City Match
highest compensated employee
$147k
$160k
Vice-president, Board Administration
board vice chair
$146k
$159k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President and C.e.o. | $316k | $41k | $13k | $26k | $425k $462k |
Exec. V-p of Admin. and C.f.o. officer (unspecified) | $242k | $18k | $1k | $26k | $317k $345k |
Exec. V-p, Econ. Dev. and Inv. Serv. officer (unspecified) | $242k | $13k | $482 | $21k | $305k $332k |
General Counsel key employee | $196k | $25k | $292 | $25k | $272k $296k |
President, Detroit Means Business key employee | $185k | — | $230 | $19k | $209k $227k |
Controller highest compensated employee | $120k | $6k | $93 | $22k | $160k $174k |
Sr. Dir., Real Estate Development highest compensated employee | $120k | $4k | $394 | $19k | $153k $167k |
Vice-pres., Small Business Services highest compensated employee | — | — | — | — | $148k $160k |
Sr. Director, Motor City Match highest compensated employee | — | — | — | — | $147k $160k |
Vice-president, Board Administration board vice chair | — | — | — | — | $146k $159k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 31 unpaid individuals.
Up 12%
from 2022
From $378k in 2022 to $425k in 2023.
$378k
2022
$425k
2023
$378k
2022
$425k
2023
In today's dollarsEst.
Up 6% in real terms$435k to $462k
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend
Revenue and expenses over time
DETROIT ECONOMIC GROWTH CORPORATION reported revenue and expenses across 2 filing years.
RevenueExpenses
$9.5M
$9.5M
2022
$10.4M
$10.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
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