MICHIGAN CERTIFIED DEVELOPMENT CORP
3737 COOLIDGE RD 2ND FLOOR, EAST LANSING, MI 48823 www.michigancdc.org

Total Revenue
$3,185,851
Total Expenses
$3,270,484
Net Assets
$6,494,394

Organizations Filed Purposes: TO STIMULATE ECONOMIC DEVELOPMENT IN MICHIGAN BY PROMOTING AND ASSISTING IN THE GROWTH AND DEVELOPMENT OF BUSINESSES BY HELPING BUSINESSES TO OBTAIN FINANCING.

TO STIMULATE ECONOMIC DEVELOPMENT IN MICHIGAN BY HELPING BUSINESSES TO OBTAIN FINANCING.

ASSISTED 81 SMALL BUSINESSES WITH OBTAINING FINANCING THROUGH THE SBA 504 PROGRAM THEREBY BENEFITING THE MICHIGAN ECONOMY BY THE CREATION AND/OR RETENTION OF 1,688 JOBS.

MONITORED REPAYMENTS FOR THE OUTSTANDING LOAN PORTFOLIO OF APPROXIMATELY 820 LOANS.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Mark WilliamsPRESIDENT40$169,916
David I KramerV.P. OPERATIONS40$131,574
Eric J KehlerSENIOR LOAN OFFICER40$116,960
Steven PriccoDIRECTOR OF 7A LENDING40$113,905
Jack JohnsonSENIOR LOAN OFFICER40$108,045
Scott VroegindeweySENIOR LOAN OFFICER40$105,479
James FayTREASURER/SECRETARY3$0
Tom JohnsonVICE CHAIR3$0
Calvin C Cupidore JrCHAIR3$0
Gregory NicholasDIRECTOR0.5$0
Jason BarnettDIRECTOR0.5$0
Anthony ReedDIRECTOR0.5$0
Janet McclellandDIRECTOR0.5$0
Debra GagliardiDIRECTOR0.5$0
Joseph CalvarusoDIRECTOR0.5$0
Mark MoranteDIRECTOR0.5$0
John A JanickDIRECTOR0.5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202020569349301002_public.xml