Sustainability Institute Of Detroit
- Assets
- $301.9k
- Revenue
- $6.4k
- Investments
- $237.9k
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 07/2014
- Data as of
- 06/2022
- EIN
- 46-4029848
Organization Overview
Sustainability Institute Of Detroit is located in Detroit, MI. The organization was established in 2014. According to its NTEE Classification (L02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sustainability Institute Of 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 06/2022, Sustainability Institute Of Detroit generated $6.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.1%) each year. All expenses for the organization totaled $125.5k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE AND PROTECT THE ENVIRONMENT, ADVANCE EDUCATION, AND NURTURE THE RESEARCH, DEVELOPMENT, AND PROLIFERATION OF NEW SUSTAINABLE BUSINESS MODELS THAT CREATE POSITIVE ENVIRONMENTAL AND COMMUNITY IMPACTS, WITH AN EMPHASIS ON THE CITY OF DETROIT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WORKED WITH SELECTED BUSINESSES AND NON-PROFIT ORGANIZATIONS TO DESIGN AND IMPLEMENT TRIPLE BOTTOM LINE STRATEGIES THAT WILL HAVE A POSITIVE IMPACT ON DETROIT'S COMMUNITY, ENVIRONMENT, AND FINANCIAL SUSTAINABILITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert J Weins Secretary/treasurer/direct | 4 | $0 | |
Thomas S Brennan President/director | 0.5 | $0 | |
Kimberly Williamson Director | 0.5 | $0 | |
Christopher Uhl Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,966 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $389 |
| Capital Gain Net Income | $389 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,355 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $97 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,892 |
| Total operating and administrative expenses | $3,284 |
| Contributions, gifts, grants paid | $122,177 |
| Total expenses and disbursements | $125,461 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $64,070 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $237,858 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $301,928 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sustainability Institute Of Detroit has awarded $122,177 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SOL SELECTION LLC PURPOSE: COMBATING COMMUNITY DETERIORATION BY NURTURING THE RESEARCH, DEVELOPMENT AND PROLIFERATION OF NEW SUSTAINABLE BUSINESS MODELS (CAPACITY BUILDING) WITH A PRIMARY FOCUS ON THE CITY OF DETROIT. | $97,177 |
Detroit, MI PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Csi Support And Development Services Warren, MI | $96,275,686 | $9,083,867 |
Bhi Retirement Communities Inc Indianapolis, IN | $75,104,516 | $7,467,607 |
Linc Up Nonprofit Housing Corporation Grand Rapids, MI | $10,740,022 | $1,506,390 |
Ecoworks Detroit, MI | $1,467,952 | $1,984,326 |
St Clare Management Inc Milwaukee, WI | $646,064 | $1,339,320 |
Hope Network Non Profit Housing Corporation Grand Rapids, MI | $1,009,438 | $0 |
Catholic Charities Housing Corporation Cleveland, OH | $7,360,885 | -$1,393,228 |
Elmdale Apartments Nonprofit Housing Corporation Grand Rapids, MI | $343,640 | $152,127 |
Sustainability Institute Of Detroit Detroit, MI | $301,928 | $6,355 |
Affordable Housing Services Corporation Fishers, IN | $1,155,325 | $22,073 |
Hocking Housing Management Inc Logan, OH | $158,629 | $11 |