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Filing year 2023

GRANDMONT ROSEDALE DEVELOPMENT CORP

Detroit, Michigan·EIN 38-2885952·NTEE L250 · Housing & Shelter·501(c)(3)
Total revenue
$1.2M
Total assets
$2.8M
Total expenses
$1.3M
Reported officers
15
Mission

THE GRANDMONT ROSEDALE DEVELOPMENT CORPORATION IS A NON-PROFIT, COMMUNITY-BASED ORGANIZATION WORKING TO PRESERVE AND IMPROVE THE GRANDMONT ROSEDALE NEIGHBORHOODS OF NORTHWEST DETROIT. WE TAKE A COMPREHENSIVE APPROACH TO COMMUNITY REVITALIZATION, WITH PROGRAMS DESIGNED TO RENOVATE VACANT HOMES, ASSIST LOCAL HOMEOWNERS AND BUSINESSES, BEAUTIFY OUR COMMUNITY AND KEEP OUR NEIGHBORHOODS SAFE AND VIBRANT.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Michigan.

Executive Director
Median to 75th percentile
$98k
$106k

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 14 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at GRANDMONT ROSEDALE DEVELOPMENT CORP equaled 7% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
7%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

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

FAQ

Common questions about GRANDMONT ROSEDALE DEVELOPMENT CORP

What does the Chief Executive Officer of GRANDMONT ROSEDALE DEVELOPMENT CORP earn?

In 2023, the Chief Executive Officer of GRANDMONT ROSEDALE DEVELOPMENT CORP received $97,600 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Michigan, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GRANDMONT ROSEDALE DEVELOPMENT CORP compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Michigan, the 2023 pay of the Chief Executive Officer at GRANDMONT ROSEDALE DEVELOPMENT CORP falls between the median and the 75th percentile. In 2023, the highest total compensation at GRANDMONT ROSEDALE DEVELOPMENT CORP equaled 7% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are GRANDMONT ROSEDALE DEVELOPMENT CORP's revenue and expenses?

In 2023, GRANDMONT ROSEDALE DEVELOPMENT CORP reported $1.2M in total revenue and $1.3M in total expenses on its IRS Form 990.

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