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Filing year 2024

SCHOOLCRAFT DEVELOPMENT AUTHORITY

Livonia, Michigan·EIN 38-2671221·4
Total revenue
$1.3M
Total assets
$24.9M
Total expenses
$1M
Reported officers
10
Mission

DEVELOP SCHOOLCRAFT COLLEGE LAND AND DISTRIBUTE NET PROCEEDS EXCLUSIVELY TO EDUCATIONAL PROGRAMS.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

President
chief executive officer
$193k
$203k
Secretary/trasurer
officer (unspecified)
$40k
$43k

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 8 unpaid individuals.

Up 2%
from 2023

From $189k in 2023 to $193k in 2024.

$189k
2023
$193k
2024
In today's dollarsEst.
Down 1% in real terms$205k to $203k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SCHOOLCRAFT DEVELOPMENT AUTHORITY reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.3M
$871k
2023
$1.3M
$1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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