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Filing year 2024

THE PHELPS FOUNDATION

Detroit, Michigan·EIN 85-0615136·NTEE L99 · Housing & Shelter·3
Total revenue
$17k
Total assets
$278k
Total expenses
$23k
Reported officers
7
Mission

We strive to help the homeless and veteran communities by providing affordable rental housing with a focus on individuals and families currently in shelters.

Reported officers (all unpaid)

No paid executives reported in 2024. THE PHELPS FOUNDATION reported 7 unpaid officers and board members on its 990.

Director
Director
Director
Secretary
Chairman
Treasurer
Asset Manager
Financial trend

Revenue and expenses over time

THE PHELPS FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$243k
$118k
2023
$17k
$23k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in Michigan

THE PHELPS FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable housing & shelter organization in Michigan earns a median of $58,635.

25th percentile
$39k
Median
$58,635
75th percentile
$59k
90th percentile
$120k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 102 organizations across 102 filings (2022 – 2023).

See full Housing & Shelter pay data for Michigan
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