Overview
What is Global Detroit?
Global Detroit is a nonprofit organization committed to leveraging the city's immigrant community and attracting international talent, investment, and businesses. Their mission is twofold: to make Detroit a welcoming place for immigrants and to stimulate job creation by strengthening and revitalizing the region. They accomplish this by mobilizing efforts to attract and retain international talent, fostering a welcoming environment, and attracting international investment and businesses. This, in turn, helps to revitalize neighborhoods in the city and broader region.
Official website here: www.globaldetroitmi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Global Detroit has earned a Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The organization has demonstrated exemplary practices, with 100% of its board members being independent and a solid financial management structure, evidenced by no material diversion of assets and a favorable liabilities-to-assets ratio.
The charity's financial performance is commendable, with 79.56% of its expenses directed towards programs, showcasing its efficiency in utilizing resources for its mission. The presence of policies for conflict of interest, whistleblower protections, and document retention further underscores its dedication to ethical governance and operational integrity.
While the data highlights numerous strengths, no specific limitations or areas for improvement were noted in the feedback. Overall, Global Detroit is positioned as a highly accountable and effective organization in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Global Detroit legitimate?
Global Detroit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Detroit submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,397,299
For more financial information, click here
Official website here: www.globaldetroitmi.org
What is the mission statement of Global Detroit?
Global Detroit's mission is centered around utilizing the immigrant potential within the region. This involves making the area welcoming to the international community and immigrants, attracting and retaining international talent, and drawing in foreign investment and businesses for job creation. The organization's primary goal is to strengthen and revitalize the city, striving to grow and enhance the region as a whole.
Official website here: www.globaldetroitmi.org
What is the revenue of Global Detroit?
Global Detroit's revenue in 2023 was $3,931,486.
Official website here: www.globaldetroitmi.org
Who are the executives of Global Detroit and what are their salaries?
The average compensation at Global Detroit during 2023 was $66,538. There are 21 employees and 75 volunteers at Global Detroit.
Here are 11 key members and their salaries:
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Official website here: www.globaldetroitmi.org
Where can I find the form 990 for Global Detroit?
Global Detroit's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.globaldetroitmi.org
Learn more at the official website: www.globaldetroitmi.org
Mission Statement of Global Detroit
Global Detroit, a notable organization, strives to leverage the immigrant community's potential by making the region an inviting place for international individuals and families. Its primary mission is twofold: firstly, to attract and retain international talent, and secondly, to encourage international investment and businesses for job creation. This mission ultimately aims to strengthen, grow, and revitalize the city, thereby contributing to its overall development. By doing so, Global Detroit plays a pivotal role in fostering a welcoming environment for immigrants, attracting global resources, and promoting economic growth within the community.
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Impact
July, 2024
Global Detroit's impact can be seen in its efforts to mobilize Detroit's immigrant potential by making the region welcoming to the international community and immigrants. Through its work, the organization aims to attract and retain international talent, bring in international investment and businesses for job creation, and ultimately strengthen, grow, and revitalize the city. By focusing on community improvement and economic development through the lens of immigration, Global Detroit plays a crucial role in shaping the future of the city and its neighborhoods.
This information is meant to be a general summary of Global Detroit. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $59,281
- Program Service Revenue: $46
- Gross Receipts: $3,931,486
Assets and Liabilities:
- Total Assets: $1,555,954
- Total Liabilities: $586,561
- Net Assets: $969,393
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM AND OTHER INCOME
Revenue
$46
Organization Details
Founding Year
2012
Principal Officer
James Becker
Website
www.globaldetroitmi.orgNTEE Category
Code: S30 - Community improvement
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