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Eastern Market Development Corporation

Eastern Market Partnership

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 821252089 ✦ Detroit, MI ✦ Designated as a 501(c)(3)

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Overview

What is Eastern Market Development Corporation?

Eastern Market Development Corporation, based in Detroit, Michigan, is a nonprofit organization with a mission to foster business growth and provide resources within the Eastern Market District. Established as a Michigan nonprofit corporation, their primary objective is to develop commercial ventures and contribute to the local community within the designated district. Their operations are focused on driving economic development and enhancing the local ecosystem.


Official website here: www.easternmarket.org

Is Eastern Market Development Corporation legitimate?

Eastern Market Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastern Market Development Corporation 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: $0

For more financial information, click here


Official website here: www.easternmarket.org

What is the mission statement of Eastern Market Development Corporation?

The Eastern Market Development Corporation, a Michigan-based non-profit organization, is committed to developing businesses and resources within its domain. Its mission is to foster growth and provision of resources within the Eastern Market District, aiming to contribute positively to its overall development. The corporation serves as a catalyst for business expansion and resource enhancement within its jurisdiction. It strives to create an environment that supports and encourages the growth of various businesses, thereby contributing to the district's prosperity.


Official website here: www.easternmarket.org

Who is the CEO of Eastern Market Development Corporation?

Daniel Carmody is the Chair of Eastern Market Development Corporation.


Official website here: www.easternmarket.org

What is the revenue of Eastern Market Development Corporation?

Eastern Market Development Corporation's revenue in 2022 was $268,690.


Official website here: www.easternmarket.org

Who are the executives of Eastern Market Development Corporation and what are their salaries?


Here are 19 key members and their salaries:


Corey Leon (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharlene Burris (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Lindow (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maggie Desantis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Dennison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Faber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Garvin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deirdre Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pastor Robert Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Lewand-Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keegan Mahoney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mcclaren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Neilbock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Vella (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Wall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katrina Watkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Watson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Carmody (President And C.E.O.)
  • Compensation: $0
  • Related: $198,303
  • Other: $2,600


Official website here: www.easternmarket.org

Where can I find the form 990 for Eastern Market Development Corporation?

Eastern Market Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.easternmarket.org

Learn more at the official website: www.easternmarket.org

Mission Statement of Eastern Market Development Corporation

Eastern Market Development Corporation, a Michigan-based nonprofit organization, is dedicated to fostering the growth of businesses and resources within the Eastern Market District. This mission-driven entity is committed to developing various ventures within the designated area, aiming to enhance the local community and contribute to its overall development. By facilitating business growth and resource availability, Eastern Market Development Corporation plays a pivotal role in fostering a vibrant and thriving environment within the Eastern Market District.

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Impact




October, 2024

Eastern Market Development Corporation significantly contributes to the revitalization and economic growth of the Eastern Market District in Detroit, Michigan. By focusing on business development and resource allocation within this vibrant area, they enhance the local economy and support community improvement initiatives. Their efforts facilitate the creation of thriving businesses, attracting more visitors and fostering a sense of community. This commitment not only strengthens the economic landscape but also elevates the cultural and social dynamics of the Eastern Market, making it a hub for diverse activities and a valued asset for residents and visitors alike.




This information is meant to be a general summary of Eastern Market Development Corporation. 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.

Revenue
$268,690 (2022)
Expenses
$532,796 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $268,690

Assets and Liabilities:

  • Total Assets: $2,479,241
  • Total Liabilities: $814,920
  • Net Assets: $1,664,321

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Organization Details

Founding Year

2016

Principal Officer

Daniel Carmody

Main Address

2934 RUSSELL, DETROIT, MI, 482074826

NTEE Category

Code: S31 - Community improvement

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