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 · Part VII & Schedule J · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.
| Position | Total |
|---|---|
President & CEO 25th percentile to medianvs Community Improvement & Capacity Building peers in Michigan | $51k $54k |
Chairman Board Chair Median to 75th percentile | $44k $46k |
Chief Operating Officer 10th to 25th percentile | $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 →
Top pay as a share of expenses
In 2024, the highest total compensation at INVEST DETROIT CDE equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
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.
Chief Executive Officer pay fell 73% from 2023 to 2024, while revenue rose 59%.
- Board Chair pay rose 13% from 2023 to 2024.
- Chief Operating Officer pay rose 1% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about INVEST DETROIT CDE
What does the Chief Executive Officer of INVEST DETROIT CDE earn?
In 2024, the Chief Executive Officer of INVEST DETROIT CDE received $51,029 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Michigan, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at INVEST DETROIT CDE 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 INVEST DETROIT CDE falls between the 25th percentile and the median. In 2024, the highest total compensation at INVEST DETROIT CDE equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are INVEST DETROIT CDE's revenue and expenses?
In 2024, INVEST DETROIT CDE reported $1.8M in total revenue and $1.3M in total expenses on its IRS Form 990.
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