Global Detroit
- Assets
- $1.8m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 10
- Location
- Detroit, MI
- Founding
- 03/2013
- Data as of
- 12/2021
- EIN
- 38-3880502
Organization Overview
Global Detroit is located in Detroit, MI. The organization was established in 2013. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Global Detroit employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Detroit 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, Global Detroit generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 20.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MOBILIZATION OF DETROIT'S IMMIGRANT POTENTIAL BY MAKING THE REGION WELCOMING TO THE INTERNATIONAL COMMUNITY AND IMMIGRANTS, ATTRACT AND RETAIN INTERNATIONAL TALENT, ATTRACT INTERNATIONAL INVESTMENT AND BUSINESSES FOR JOB CREATION, STRENGHTEN, GROW AND REVITALIZE CITY AND REGIONAL NEIGHBORHOODS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOBILIZATION OF DETROIT'S IMMIGRANT POTENTIAL BY MAKING THE REGION WELCOMING TO THE INTERNATIONAL COMMUNITY OF IMMIGRANTS, ATTRACT AND RETAIN INTERNATIONAL TALENT, ATTRACT INTERNATIONAL INVESTMENT AND BUSINESS FOR JOB CREATION, STRENGHTHEN, GROW AND REVITALIZE CITY AND REGIONAL NEIGHBORHOODS, SERVING 1500 INDIVIDUALS AND OTHERS.
MOBILIZATION OF DETROIT'S IMMIGRANT POTENTIAL BY MAKING THE REGION WELCOMING TO THE INTERNATIONAL COMMUNITY OF IMMIGRANTS, ATTRACT AND RETAIN INTERNATIONAL TALENT, ATTRACT INTERNATIONAL INVESTMENT AND BUSINESS FOR JOB CREATION, STRENGHTHEN, GROW AND REVITALIZE CITY AND REGIONAL NEIGHBORHOODS, SERVING 1500 INDIVIDUALS AND OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Becker Treasurer | OfficerTrustee | 1 | $0 |
Karen Phillippi Board Chair | OfficerTrustee | 1 | $0 |
Steve Tobocman Executive Di | Officer | 50 | $0 |
Aghogho Edevbie Secretary | Officer | 1 | $0 |
Tim Gibson Director | Trustee | 0.5 | $0 |
MD Abdul Muhit Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bd Of Regents- University Of Mich Prog/consulting | 12/30/21 | $202,033 |
A H Hvac Services Inc Hvac Service | 12/30/21 | $1,018,784 |
New Solutions Group Llc Mgmt,program | 12/30/21 | $372,480 |
A H Hvac Services Inc Hvac Service | 12/30/21 | $1,018,784 |
Bd Of Regents- University Of Mich Prog/consulting | 12/30/21 | $202,033 |
New Solutions Group Llc Mgmt,program | 12/30/21 | $372,480 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $122,882 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,297,609 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,420,491 |
| Total Program Service Revenue | $1,214,823 |
| Investment income | $1,573 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $57,721 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,695,720 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $393,261 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $65,951 |
| Payroll taxes | $32,924 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,613 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,836,590 |
| Advertising and promotion | $7,201 |
| Office expenses | $3,719 |
| Information technology | $8,373 |
| Royalties | $0 |
| Occupancy | $14,194 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,202 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,379 |
| Insurance | $2,600 |
| All other expenses | $0 |
| Total functional expenses | $2,417,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $515,679 |
| Savings and temporary cash investments | $548,635 |
| Pledges and grants receivable | $295,000 |
| Accounts receivable, net | $416,050 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,413 |
| Net Land, buildings, and equipment | $5,667 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,788,444 |
| Accounts payable and accrued expenses | $488,332 |
| Grants payable | $0 |
| Deferred revenue | $136,800 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $21,993 |
| Total liabilities | $647,125 |
| Net assets without donor restrictions | $301,783 |
| Net assets with donor restrictions | $839,536 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,788,444 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Global Detroit has recieved totaling $1,292,000.
| Awarding Organization | Amount |
|---|---|
William Davidson Foundation Birmingham, MI PURPOSE: GLOBAL ENTREPRENEUR IN RESIDENCE AND GLOBAL TALENT RETENTION INITIATIVE | $500,000 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: SMALL BUSINESS CONNECTORS PROGRAM TO SERVE IMMIGRANT AND MINORITY SMALL BUSINESS OWNERS IN DETROIT AND WAYNE COUNTY | $150,000 |
Impactassets Inc Bethesda, MD PURPOSE: TO SUPPORT WELCOMING MICHIGAN - NEIGHBORHOOD STRATEGIES TO ADVANCE RACIAL JUSTICE | $125,000 |
Ewing Marion Kauffman Foundation Kansas City, MO PURPOSE: SUPPORT FOR FORMING A PEER NETWORK OF GLOBAL ENTREPRENEUR IN RESIDENCE PROGRAMS AND PARTICIPATING FOUNDERS, HOSTING NETWORK EVENTS, AND PRODUCING A COLLECTIVE IMPACT REPORT TO EDUCATE POLICYMAKERS. 202104-10445 | $100,000 |
William Davidson Foundation Birmingham, MI PURPOSE: FUND DEVELOPMENT AND SUSTAINABILITY FOR GLOBAL PROGRAMS | $77,500 |
Kresge Foundation Troy, MI PURPOSE: THIS GRANT PROVIDES TWO YEARS OF GENERAL OPERATING SUPPORT TO GLOBAL DETROIT FOR ITS WORK TO SUPPORT IMMIGRANT COMMUNITIES IN DETROIT AND TO CATALYZE PROGRESS IN BUILDING A MORE EQUITABLE AND INCLUSIVE ECONOMY. | $70,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Visit Indy Inc Indianapolis, IN | $20,981,890 | $14,589,218 |
The Convention And Visitors Bureau Of Greater Cleveland Inc Cleveland, OH | $25,296,918 | $17,425,666 |
Columbus Downtown Development Corporation Columbus, OH | $118,710,723 | $12,117,471 |
Wisconsin Dells Visitor & Convention Bureau Wisconsin Dells, WI | $26,952,168 | $17,110,395 |
Metropolitan Detroit Convention & Vistors Bureau Detroit, MI | $36,765,048 | $14,015,809 |
Detroit Economic Growth Corp Detroit, MI | $7,209,211 | $10,420,774 |
Lawrence Economic Development Corporation South Point, OH | $62,339,240 | $9,945,474 |
Wbd Inc Madison, WI | $14,868,892 | $9,399,155 |
Southwest Michigan First Corporation Kalamazoo, MI | $10,945,070 | $8,560,798 |
Wenonah Park Properties Inc Bay City, MI | $22,411,152 | $7,079,713 |
Applied Research Institute Bloomington, IN | $3,329,526 | $9,074,163 |
Grand Rapids-Kent Cty Convention Center & Vistors Bureau Grand Rapids, MI | $10,130,209 | $9,465,987 |