Skip to main content
Filing year 2024

DEVELOP DETROIT INC

Detroit, Michigan·EIN 81-1368616·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$5.1M
Total assets
$28.4M
Total expenses
$4.7M
Reported officers
18
Mission

SEE PAGE 1, QUESTION 1

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

President & CEO
Above 90th percentilevs Community Improvement & Capacity Building peers in Michigan
$293k
$309k
Base
$251k
Bonus
Other
Benefits
$21k
Chief Investment Officer
Highest Compensated Employee
75th to 90th percentile
$215k
$227k
Base
$181k
Bonus
Other
Benefits
$26k
Chief Financial Officer
75th to 90th percentile
$191k
$202k
Base
$157k
Bonus
Other
Benefits
$21k
Construction Manager
Highest Compensated Employee
Median to 75th percentile
$162k
$171k
Base
$126k
Bonus
Other
Benefits
$26k
Director, Community Invest
Highest Compensated Employee
25th percentile to median
$126k
$133k

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 13 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at DEVELOP DETROIT INC equaled 6% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
6%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 8%
from 2023

From $318k in 2023 to $293k in 2024.

$318k
2023
$293k
2024
In today's dollarsEst.
Down 11% in real terms$346k to $309k

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.

Pay for the position

Chief Executive Officer pay fell 8% from 2023 to 2024, while revenue fell 12%.

$318k in 2023 to $293k in 2024.
  • Highest Compensated Employee pay fell 7% from 2023 to 2024.
  • Chief Financial Officer pay fell 9% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 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.

FAQ

Common questions about DEVELOP DETROIT INC

What does the Chief Executive Officer of DEVELOP DETROIT INC earn?

In 2024, the Chief Executive Officer of DEVELOP DETROIT INC received $292,767 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Michigan: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at DEVELOP DETROIT INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Michigan, the 2024 pay of the Chief Executive Officer at DEVELOP DETROIT INC falls in the top 10%. In 2024, the highest total compensation at DEVELOP DETROIT INC equaled 6% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are DEVELOP DETROIT INC's revenue and expenses?

In 2024, DEVELOP DETROIT INC reported $5.1M in total revenue and $4.7M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.