Mission
IDF PROMOTES A HIGHER QUALITY OF LIFE FOR DISTRESSED COMMUNITIES, PRIMARILY IN THE CITY OF DETROIT THROUGH ATTRACTING NEW INDUSTRY, ENCOURAGING THE DEVELOPMENT OF BUSINESS, HOUSING, TRANSPORTATION AND OTHER COMMUNITY RESOURCES. IDF PROVIDES LOANS AND FINANCIAL ASSISTANCE TO PROMOTE COMMUNITY DEVELOPMENT AND COMBAT COMMUNITY DETERIORATION AND ECONOMIC BLIGHT.
Executive compensation, broken down
Form 990 · Schedule J · 8 reported individuals · Filing year 2023
Base salaryBonusOther compensationBenefits
| Base salary | Bonus | Other compensation | Benefits | Executive compensation | |
|---|---|---|---|---|---|
Executive Vice President, Venture executive vice president $326k | |||||
Executive Vice President, Lending executive vice president $324k | |||||
General Counsel highest compensated employee $278k | |||||
Senior Vice President, Venture senior vice president $261k | |||||
Director of Business Support Network highest compensated employee $229k | |||||
Assistant Secretary secretary (operational) $176k | |||||
Plus 18 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
1
INVEST DETROIT FOUNDATION2023
$660k
2
LANSING ECONOMIC AREA PARTNERSHIP2024
$451k
3
BATTLE CREEK UNLIMITED INC2023
$328k
4
COMMUNITY HOUSING NETWORK INC2023
$272k
5
FOUNDATION FOR DETROIT'S FUTURE2023
$52k
6
DETROIT BELLE ISLE GRAND PRIX INC2023
$22k
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