INVEST DETROIT CDE'S MISSION IS TO SERVE OR MAKE LOANS OR PROVIDE EQUITY INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES OR LOW-INCOME PERSONS; TO TAKE ACTIONS TO QUALIFY AND CONTINUE THE QUALIFICATIONS AS A COMMUNITY DEVELOPMENT ENTITY; AND MAINTAIN ACCOUNTABILITY TO RESIDENTS OF LOW-INCOME COMMUNITIES THROUGH THE APPOINTMENT OF A BOARD OF DIRECTORS OF INDIVIDUALS WHO REPRESENT LOW-INCOME COMMUNITIES.
Executive compensation
Form 990 · Schedule J · 3 reported individuals · Filing year 2024
| Position | Total |
|---|---|
President & CEO | $51k $54k |
Chairman board chair | $44k $46k |
Chief Operating Officer | $27k $29k |
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 6 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Down 73%
from 2023
From $191k in 2023 to $51k in 2024.
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.
Revenue and expenses over time
INVEST DETROIT CDE reported revenue and expenses across 2 filing years.
What Community Improvement & Capacity Building executives earn in Michigan
Comparable community improvement & capacity building organizations in Michigan pay their highest-earning executive a median of $66,858.
These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 68 organizations across 68 filings (2022 – 2023).
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