WAYNE COUNTY DETROIT CDE INC
500 GRISWOLD 28TH FLOOR, DETROIT, MI 48226

Total Revenue
$400,890
Total Expenses
$404,579
Net Assets
$2,808,180

Organizations Filed Purposes: TO PROVIDE FOR THE REVITALIZATION OF LOW INCOME COMMUNITIES BY CREATING COMMUNITY, ECONOMIC AND SERVICE PROGRAMS WHICH WILL ASSIST IN THE REDEVELOPMENT OF LOW INCOME NEIGHBORHOODS AND COMMUNITIES, BY ATTRACTING PRIVATE AND/OR PUBLIC INVESTORS (CONTINUED IN SCHEDULE O) WHICH WILL REBUILD NEIGHBORHOODS AND CREATE JOBS TO BENEFIT THESE LOW INCOME COMMUNITIES AND/OR LOW INCOME INDIVIDUALS IN WAYNE COUNTY, DETROIT MICHIGAN. THIS WILL BE ACCOMPLISHED BY FACILITATING AND DISTRIBUTING INVESTMENT CAPITAL TO LOW INCOME COMMUNITY REDEVELOPMENT PROJECTS.

ESTABLISHED TO ADMINISTER THE FEDERAL NEW MARKETS TAX CREDIT PROGRAM FOR THE PURPOSE OF REVITALIZING LOW INCOME COMMUNITIES BY ATTRACTING PRIVATE AND/OR PUBLIC INVESTORS WHO WILL REBUILD NEIGHBORHOODS.

THE ORGANIZATION PROVIDED INVESTMENT CAPITAL THAT WILL BE USED TO REVITALIZE LOW INCOME COMMUNITIES IN WAYNE COUNTY, MICHIGAN. THE ORGANIZATION WAS ALLOCATED $77,000,000 OF NEW MARKETS TAX CREDIT AUTHORITY. THE ORGANIZATION HAS ALLOCATED ALL $77,000,000 TO SUBSIDIARIES TO REVITALIZE LOW INCOME COMMUNITIES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Mathieu DubeBOARD MEMBER0.3$0
Aaron SeybertBOARD MEMBER0.3$0
Mary Seaberg KingBOARD MEMBER0.3$0
Renee KentBOARD MEMBER0.3$0
Byna ElliottBOARD MEMBER0.3$0
Eva DewaelscheBOARD MEMBER0.3$0
June LeeBOARD MEMBER - CHAIRMAN0.3$0
Khalil RahalEXECUTIVE DIRECTOR2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202031979349300113_public.xml