Grandmont Rosedale Development Corporation

Organization Overview

Grandmont Rosedale Development Corporation is located in Detroit, MI. The organization was established in 1991. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Grandmont Rosedale Development Corporation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grandmont Rosedale Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Grandmont Rosedale Development Corporation generated $901.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $793.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE GRANDMONT ROSEDALE DEVELOPMENT CORPORATION IS A NON-PROFIT, COMMUNITY- BASED ORGANIZATION WORKING TO PRESERVE AND IMPROVE THE GRANDMONT ROSEDALE NEIGHBORHOODS OF NORTHWEST DETROIT. WE TAKE A COMPREHENSIVE APPROACH TO COMMUNITY REVITALIZATION, WITH PROGRAMS DESIGNED TO RENOVATE VACANT HOMES, ASSIST LOCAL HOMEOWNERS AND BUSINESSES, BEAUTIFY OUR COMMUNITY AND KEEP OUR NEIGHBORHOODS SAFE AND VIBRANT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN ITS 33-YEAR HISTORY, THE GRANDMONT ROSEDALE DEVELOPMENT CORPORATION (GRDC) HAS SUCCESSFULLY RENOVATED AND SOLD MORE THAN 120 ONCE-ABANDONED HOUSES THROUGH ITS HOME RENOVATION PROGRAM. WE ALSO BUILT 3 NEW HOUSES AND SOLD THEM TO LOW/MODERATE-INCOME FAMILIES. GRDC HAS PROVIDED HOME REPAIR LOANS, GRANTS AND ASSISTANCE TO 156 HOMEOWNERS. GRDC IS WORKING TO REVITALIZE OUR NEIGHBORHOOD COMMERCIAL DISTRICTS. WE HAVE RENOVATED 5 COMMERCIAL BUILDINGS AND HAVE HELPED SEVERAL SMALL BUSINESSES FIND A HOME IN THE GRANDMONT ROSEDALE BUSINESS COMMUNITY. WE RENOVATED AND OPENED THE FIRST NEIGHBORHOOD CO-WORKING SPACE CALLED GRAND RIVER WORKPLACE AT 19120 GRAND RIVER. THIS BUILDING FUNCTIONS AS A BUSINESS INCUBATOR AND HAS SPACE TO LEASE TO SMALL AND START-UP BUSINESSES. THE GRAND RIVER WORKPLACE ALSO FUNCTIONS AS A HUB FOR SMALL BUSINESS RESOURCES AND TECHNICAL ASSISTANCE. WE ALSO OPENED THE ANNEX: CULTURAL INCUBATOR IN 2018, NOW HOME TO NORWEST GALLERY OF ART. WE OPERATE A WEEKLY NEIGHBORHOOD FARMERS' MARKET FROM JUNE - OCTOBER WITH OVER 20 VENDORS, AND A COMMUNITY GARDEN EACH SUMMER/FALL. OUR COMMERCIAL FACADE IMPROVEMENT PROGRAM HELPED 38 BUILDING OWNERS ALONG GRAND RIVER UPDATE AND IMPROVE THEIR STOREFRONTS. GRDC HAS REMOVED GRAFFITI FROM OVER 650 BUILDINGS. WE HAVE BOARDED UP AND MAINTAINED HUNDREDS OF VACANT HOUSES. GRDC HAS BROUGHT IN OVER 2.1 MILLION IN INVESTMENT TO IMPROVE OUR GRAND RIVER STREETSCAPE. PROJECTS INCLUDE NEW PAVING, NEW STREETLIGHTS, NEW SIDEWALKS, DECORATIVE CROSSWALKS, NEW BUS STOPS, LANDSCAPING, STREET TREES, MURALS, AND NEW SIGNAGE THROUGHOUT THE DISTRICT. ANOTHER 11 MILLION IN GRAND RIVER STREETSCAPE INVESTMENTS IS PLANNED FOR 2019. GRDC HAS RENOVATED 7 NEIGHBORHOOD PARKS AND SCHOOL PLAYGROUNDS. WE ALSO INSTALLED A NEW FOOTBALL FIELD, RENOVATED THE FOUR BASEBALL FIELDS AT STOEPEL PARK AND AN OUTDOOR MOSAIC ART GALLERY THAT ADORN THE BACKS OF ALL EIGHT NEW DUGOUTS. GRDC HAS COORDINATED TENS OF THOUSANDS OF VOLUNTEER HOURS IN COMMUNITY BEAUTIFICATION PROJECTS. WE HAVE REPURPOSED OVER 17 VACANT LOTS, PLANTING GARDENS AND COMMUNITY SPACES. GRDC OPERATES A VACANT PROPERTY TASK FORCE THAT INCLUDES RESIDENT-LED INITIATIVES TO MAINTAIN ABANDONED HOMES, CONDUCT REGULAR TRASH PICK-UP EVENTS, FLOWER PLANTINGS, AND MOWER GROUPS. GRDC OPERATES A COMMUNITY SAFETY PROGRAM THAT INCLUDES THE FOLLOWING RESIDENT-LED ELEMENTS: NEIGHBORHOOD SAFETY MEETINGS, DISTRIBUTION OF CRIME PREVENTION TIPS, COORDINATION WITH LOCAL POLICE, CRIME ALERT SYSTEM, AND A CITY-WIDE CRIME PREVENTION AND QUALITY OF LIFE ORDINANCE. GRDC SERVES OVER 20,000 RESIDENTS, 5,600 HOUSEHOLDS AND HAS MARSHALED MORE THAN 50 MILLION DOLLARS IN NEW INVESTMENT IN THE GRANDMONT ROSEDALE COMMUNITIES. A BOARD OF DIRECTORS COMPRISED OF NEIGHBORHOOD RESIDENTS AND BUSINESS OWNERS GOVERNS GRDC. IT HAS A DIVERSE PROFESSIONAL STAFF WITH A VARIETY OF EXPERTISE TO CARRY OUT ITS PROGRAMS.


IN ITS 33-YEAR HISTORY, THE GRANDMONT ROSEDALE DEVELOPMENT CORPORATION (GRDC) HAS SUCCESSFULLY RENOVATED AND SOLD MORE THAN 120 ONCE-ABANDONED HOUSES THROUGH ITS HOME RENOVATION PROGRAM. WE ALSO BUILT 3 NEW HOUSES AND SOLD THEM TO LOW/MODERATE-INCOME FAMILIES. GRDC HAS PROVIDED HOME REPAIR LOANS, GRANTS AND ASSISTANCE TO 156 HOMEOWNERS. GRDC IS WORKING TO REVITALIZE OUR NEIGHBORHOOD COMMERCIAL DISTRICTS. WE HAVE RENOVATED 5 COMMERCIAL BUILDINGS AND HAVE HELPED SEVERAL SMALL BUSINESSES FIND A HOME IN THE GRANDMONT ROSEDALE BUSINESS COMMUNITY. WE RENOVATED AND OPENED THE FIRST NEIGHBORHOOD CO-WORKING SPACE CALLED GRAND RIVER WORKPLACE AT 19120 GRAND RIVER. THIS BUILDING FUNCTIONS AS A BUSINESS INCUBATOR AND HAS SPACE TO LEASE TO SMALL AND START-UP BUSINESSES. THE GRAND RIVER WORKPLACE ALSO FUNCTIONS AS A HUB FOR SMALL BUSINESS RESOURCES AND TECHNICAL ASSISTANCE. WE ALSO OPENED THE ANNEX: CULTURAL INCUBATOR IN 2018, NOW HOME TO NORWEST GALLERY OF ART. WE OPERATE A WEEKLY NEIGHBORHOOD FARMERS' MARKET FROM JUNE - OCTOBER WITH OVER 20 VENDORS, AND A COMMUNITY GARDEN EACH SUMMER/FALL. OUR COMMERCIAL FACADE IMPROVEMENT PROGRAM HELPED 38 BUILDING OWNERS ALONG GRAND RIVER UPDATE AND IMPROVE THEIR STOREFRONTS. GRDC HAS REMOVED GRAFFITI FROM OVER 650 BUILDINGS. WE HAVE BOARDED UP AND MAINTAINED HUNDREDS OF VACANT HOUSES. GRDC HAS BROUGHT IN OVER 2.1 MILLION IN INVESTMENT TO IMPROVE OUR GRAND RIVER STREETSCAPE. PROJECTS INCLUDE NEW PAVING, NEW STREETLIGHTS, NEW SIDEWALKS, DECORATIVE CROSSWALKS, NEW BUS STOPS, LANDSCAPING, STREET TREES, MURALS, AND NEW SIGNAGE THROUGHOUT THE DISTRICT. ANOTHER 11 MILLION IN GRAND RIVER STREETSCAPE INVESTMENTS IS PLANNED FOR 2019. GRDC HAS RENOVATED 7 NEIGHBORHOOD PARKS AND SCHOOL PLAYGROUNDS. WE ALSO INSTALLED A NEW FOOTBALL FIELD, RENOVATED THE FOUR BASEBALL FIELDS AT STOEPEL PARK AND AN OUTDOOR MOSAIC ART GALLERY THAT ADORN THE BACKS OF ALL EIGHT NEW DUGOUTS. GRDC HAS COORDINATED TENS OF THOUSANDS OF VOLUNTEER HOURS IN COMMUNITY BEAUTIFICATION PROJECTS. WE HAVE REPURPOSED OVER 17 VACANT LOTS, PLANTING GARDENS AND COMMUNITY SPACES. GRDC OPERATES A VACANT PROPERTY TASK FORCE THAT INCLUDES RESIDENT-LED INITIATIVES TO MAINTAIN ABANDONED HOMES, CONDUCT REGULAR TRASH PICK-UP EVENTS, FLOWER PLANTINGS, AND MOWER GROUPS. GRDC OPERATES A COMMUNITY SAFETY PROGRAM THAT INCLUDES THE FOLLOWING RESIDENT-LED ELEMENTS: NEIGHBORHOOD SAFETY MEETINGS, DISTRIBUTION OF CRIME PREVENTION TIPS, COORDINATION WITH LOCAL POLICE, CRIME ALERT SYSTEM, AND A CITY-WIDE CRIME PREVENTION AND QUALITY OF LIFE ORDINANCE. GRDC SERVES OVER 20,000 RESIDENTS, 5,600 HOUSEHOLDS AND HAS MARSHALED MORE THAN 50 MILLION DOLLARS IN NEW INVESTMENT IN THE GRANDMONT ROSEDALE COMMUNITIES. A BOARD OF DIRECTORS COMPRISED OF NEIGHBORHOOD RESIDENTS AND BUSINESS OWNERS GOVERNS GRDC. IT HAS A DIVERSE PROFESSIONAL STAFF WITH A VARIETY OF EXPERTISE TO CARRY OUT ITS PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Renee Kent
President
$0
Tim Beckett
Treasurer
$0
Dale Thomson
President-El
$0
Annie Mae Holt
Secretary
$0
Kevin Johnson
Officer At L
$0
Michael Randall
Executive Di
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $92,600
All other contributions, gifts, grants, and similar amounts not included above$585,320
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$677,920
Total Program Service Revenue$156,247
Investment income $14,146
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $12,686
Miscellaneous Revenue$0
Total Revenue $901,710

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Grandmont Rosedale Development Corporation has recieved totaling $433,565.

Awarding OrganizationAmount
Enterprise Community Partners Inc

Columbia, MD

PURPOSE: CAPACITY BUILDING

$225,000
Community Foundation For Southeast Michigan

Detroit, MI

PURPOSE: SMALL BUSINESS DEVELOPMENT AND COMMERCIAL ACTIVATION WORK ON THE GRAND RIVER CORRIDOR

$90,000
Community Foundation For Southeast Michigan

Detroit, MI

PURPOSE: ANCHOR BUSINESS SUPPORT PROGRAM

$50,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$25,000
Invest Detroit Foundation

Detroit, MI

PURPOSE: COMMUNITY ENGAGEMENT GRANT

$25,000
Capital Impact Partners

Arlington, VA

PURPOSE: DETROIT 2021 EDI PROJECT -20211027

$10,000
View Grant Recipient Profile

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