Overview
What is Grand 7 Detroit Incorporated?
Grand 7 Detroit Incorporated is a nonprofit organization dedicated to revitalizing its local community. Their primary focus lies in eliminating blight and enhancing housing conditions, benefiting around 25 residence dwellers directly and impacting over 100 community members indirectly. Through their initiatives, they contribute to neighborhood transformation, ensuring a better living environment for a broader community.
Official website here: www.g7d.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78%, Three-Star out of Four Star rating.
Grand 7 Detroit Incorporated has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The organization excels in maintaining a fully independent board and has no material diversion of assets, which highlights a commitment to ethical governance. Additionally, their program expense ratio is impressive, with 85.22% of their expenses going directly towards their programs.
However, the nonprofit also faces some notable limitations. They lack a whistleblower policy and a document retention and destruction policy, which are critical components of transparent organizational governance. While they are compliant in other areas, these missing policies may raise concerns about their overall accountability practices.
Overall, while Grand 7 Detroit Incorporated shows strengths in board independence and financial prudence, the absence of certain policies suggests there is room for improvement in their governance practices. This rating reflects their dedication, but potential donors may want to consider these areas when evaluating the organization's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Grand 7 Detroit Incorporated legitimate?
Grand 7 Detroit Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand 7 Detroit Incorporated 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:
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For more financial information, click here
Official website here: www.g7d.org
What is the mission statement of Grand 7 Detroit Incorporated?
Grand 7 Detroit Incorporated's mission is centered around neighborhood transformation. The organization focuses on the removal of blight and the rehabilitation of housing. These initiatives aim to positively impact around 25 housing residents directly, while also benefiting over 100 community members indirectly. The organization's activities are geared towards improving living conditions and revitalizing the neighborhood.
Official website here: www.g7d.org
Who is the CEO of Grand 7 Detroit Incorporated?
Nathan I Stull is the President of Grand 7 Detroit Incorporated.
Official website here: www.g7d.org
What is the revenue of Grand 7 Detroit Incorporated?
Grand 7 Detroit Incorporated's revenue in 2021 was $80,282.
Official website here: www.g7d.org
Who are the executives of Grand 7 Detroit Incorporated and what are their salaries?
There 75 volunteers at Grand 7 Detroit Incorporated.
Here are 7 key members and their salaries:
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Official website here: www.g7d.org
Where can I find the form 990 for Grand 7 Detroit Incorporated?
Grand 7 Detroit Incorporated's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.g7d.org
Learn more at the official website: www.g7d.org
Mission Statement of Grand 7 Detroit Incorporated
Grand 7 Detroit Incorporated is dedicated to bringing about transformation in neighborhoods, focusing on the removal of blight and the rehabilitation of housing. Through their initiatives, they aim to improve the living conditions of approximately 25 housing residents, while also positively impacting over 100 community members. The organization's mission is multifaceted, encompassing not just the physical rehabilitation of homes, but also the overall enhancement of the surrounding community.
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Impact
August, 2024
Grand 7 Detroit Incorporated has a significant impact on the community by focusing on neighborhood transformation, blight removal, and housing rehabilitation in Detroit. Through its programs, approximately 25 housing residents and over 100 community residents benefit from improved living conditions and a revitalized local environment. This organization plays a crucial role in enhancing the quality of life for residents and contributing to the overall improvement of the community.
This information is meant to be a general summary of Grand 7 Detroit Incorporated. 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 2021.
- Investment Income: $25,842
- Program Service Revenue: $47,429
- Gross Receipts: $145,282
Assets and Liabilities:
- Total Assets: $1,275,836
- Total Liabilities: $695,225
- Net Assets: $580,611
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rehab Home Rental
Revenue
$47,429
Organization Details
Founding Year
2013
Phone
(313) 355-2720Principal Officer
Nathan I Stull
Main Address
24400 West 7 Mile Road, Detroit, MI, 48219
Website
www.g7d.orgNTEE Category
Code: S20 - Community improvement
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