Nonprofits/Organizations/38-2530980
Active
501(c)(3)
T31 · Philanthropy, Voluntarism & Grantmaking
Form 990

Community Foundation for Southeast Michigan

EIN 38-2530980DETROIT, MI 48226Founded 1984WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

TO ENHANCE THE QUALITY OF LIFE IN SOUTHEAST MICHIGAN. WE PROMOTE AND FACILITATE PERMANENT POSITIVE CHANGE THROUGH THOUGHTFUL PHILANTHROPY, AND WE HELP DONORS INVEST IN ORGANIZATIONS THEY CARE ABOUT NATIONWIDE.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$246.1M

+92.0%YoY

Total Expenses

$131.2M

+11.9%YoY

Net Assets

$1.2B

+6.0%YoY

Employees

83

+18.6%YoY

Volunteers

250

Grants Paid

$106.3M

Program Expense Ratio

87.2%

Fundraising Efficiency

8338.4%

This nonprofit profile presents IRS Form 990 tax filing data for Community Foundation for Southeast Michigan (EIN: 38-2530980), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, top independent contractors, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue grew +92.0% to $246.1M
Program spending ratio of 87.2% — excellent
108.4 months of operating reserves — strong cushion
Expenses increased +11.9% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
42-member board, 42 independent

Compensation

Top compensation: $719,647 (PRESIDENT)
Top exec pay is 0.5% of total expenses — very modest
Schedule J filed for 12 individuals — detailed disclosure
12 executive perks reported — above typical

Program Effectiveness

4 programs reported
87.2% of spending goes to programs
1 program generates revenue — self-sustaining activity
$106.3M in grants paid to other organizations
250 volunteers engaged

Financial Stability

Debt-to-asset ratio of 1.8% — low leverage
1.0 months cash runway — tight liquidity
Revenue diversification: moderately diversified
Net assets consistently growing over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
Family or business relationships among officers/directors

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Community Foundation for Southeast Michigan is a 501(c)(3) nonprofit headquartered in DETROIT, MI, founded in 1984. It is classified under NTEE code T31 (Community Foundations), within the Philanthropy, Voluntarism & Grantmaking category. The organization has held tax-exempt status since 1984. In its 2024 filing, the organization reported $246.1M in total revenue, a 92.0% increase from the prior year, and $131.2M in total expenses. The organization employed 83 people and engaged 250 volunteers. RICHARD L DEVORE, PRESIDENT, is the highest-compensated individual at $719,647. The organization runs 4 programs, totaling $114.4M in program expenses. 6 of 6 recommended governance policies are in place. Executive benefits include club dues.

Community Foundation for Southeast Michigan is classified under NTEE code T31 (Community Foundations), which falls within the Philanthropy, Voluntarism & Grantmaking category. Its foundation type is 15.

Programs(Tax Year 2024)

4 records

Programs Overview

Community Foundation for Southeast Michigan operates 4 programs, with total program expenses of $114.4M. Community Foundation for Southeast Michigan's largest program accounts for 89% of total program spending.

1
Program 1Expenses: $7,056,495

A COLLABORATION OF FOUNDATIONS LAUNCHED THE NEW ECONOMY INITIATIVE (NEI) AT THE COMMUNITY FOUNDATION IN 2007. NEI IS WORKING TO DIVERSIFY THE REGIONAL ECONOMY OF SOUTHEAST MICHIGAN AND STIMULATE ENTREPRENEURIAL DEVELOPMENT. IN 2024, NEI FUNDED GRANTS AND OTHER IMPORTANT WORK TOTALING APPROXIMATELY $6.9 MILLION. NEI PRIMARILY CONCENTRATES ON BUILDING A NETWORK OF SUPPORT FOR ENTREPRENEURS AND SMALL BUSINESS OWNERS. NEI'S GRANTS SUPPORT NONPROFIT SERVICE PROVIDERS WHO PROVIDE TECHNICAL ASSISTANCE, SUCH AS BUSINESS PLANNING AND CONCEPT-TESTING, AND THOSE WHO PROVIDE CAPITAL AND OTHER RESOURCES. IN ADDITION, NEI PROVIDES SUPPORT TO HELP THESE NETWORKS OF SERVICE PROVIDERS CONNECT BETTER TO EACH OTHER AND THE PEOPLE THEY SERVE. NEI'S WORK IS FOCUSED ON BUILDING A RESILIENT AND EQUITABLE ECONOMY BY INCREASING GROWTH AND SCALABILITY AMONG SMALL BUSINESSES IN UNDERSERVED COMMUNITIES THAT WILL CREATE JOBS AND GENERATE WEALTH FOR RESIDENTS.

2
Program 2Expenses: $5,089,438

THE MICHIGAN JUSTICE FUND (MJF) IS A FUNDERS' COLLABORATIVE THAT MAKES INVESTMENTS TO STEM THE FLOW OF INDIVIDUALS INTO THE CRIMINAL JUSTICE SYSTEM, SUPPORT THE INVESTMENT OF PUBLIC DOLLARS TO COMMUNITY-DRIVEN ALTERNATIVES TO INCARCERATION, AND ENSURE THAT THOSE WHO ARE RETURNING HOME AFTER INCARCERATION RECEIVE THE SUPPORT THEY NEED TO FLOURISH. THE MICHIGAN JUSTICE FUND IS COMPRISED OF MICHIGAN-BASED AND NATIONAL FUNDERS DEDICATED TO ADVANCING JUSTICE REFORM AND THE ECONOMIC MOBILITY OF INDIVIDUALS WITH CRIMINAL CONVICTIONS IN MICHIGAN. IN 2024, MJF FUNDED $3.7MM IN GRANTS TO NONPROFIT ORGANIZATIONS THAT SUPPORT JUSTICE REFORM.

3
Program 3Expenses: $645,236

THE DETROIT REGIONAL WORKFORCE PARTNERSHIP EXISTS TO CULTIVATE AN ENVIRONMENT WHERE BUSINESSES, GOVERNMENT ENTITIES, AND EDUCATIONAL INSTITUTIONS COLLABORATE SEAMLESSLY ENSURING THAT A ROBUST AND DYNAMIC TALENT POOL HAS ACCESS TO THE EMPLOYMENT OPPORTUNITIES THAT PROPEL SOUTHEAST MICHIGAN TOWARDS SUSTAINED ECONOMIC GROWTH.

4
Program 4Expenses: $101,592,685

THROUGH ITS GRANTMAKING, THE COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN SEEKS TO BUILD A STRONGER, MORE COMPETITIVE REGION BY ENCOURAGING REGIONAL THINKING AND COOPERATION, FOSTERING INNOVATION AND CREATIVE SOLUTIONS, AND LEVERAGING ADDITIONAL RESOURCES FOR AREA ORGANIZATIONS AND COMMUNITIES. SCHEDULE I LISTS ORGANIZATIONS SUPPORTED AND GRANTS AWARDED IN 2024.

Total Program Expenses: $114,383,854

Financial Overview(Tax Years 2020–2024)

5 records

Financial Highlights

Over the past 5 years, Community Foundation for Southeast Michigan's revenue has grown from $119.3M to $246.1M, a 106.3% increase. Program expenses represent 87% of total spending.

Revenue increased 92.0% year-over-year, while expenses grew 11.9%. net assets rose to $1.2B, up 6.0% from the prior year. the organization added 13 employees.

Community Foundation for Southeast Michigan derives 38% from contributions and grants, with 0% from program services, with 61% from investment income.

Revenue is diversified across investment income (61%), contributions and grants (38%), program service revenue (0%).

Community Foundation for Southeast Michigan allocates 87% to programs, 12% to management and general, 1% to fundraising.

Revenue grew by 92.0% while expenses grew by only 11.9%, suggesting improving operational efficiency.

Community Foundation for Southeast Michigan distributed $106.3M in grants to other organizations and individuals, representing 81% of total expenses.

Over 5 filings from 2020–2024, Community Foundation for Southeast Michigan grew revenue from $119.3M to $246.1M (+106.3%) while maintaining a program expense ratio of 87%. During this period, the organization grew from 51 to 83 employees.

Community Foundation for Southeast Michigan holds $1.2B in total assets against $22.0M in liabilities (debt-to-asset ratio of 2%). The organization has 108.4 months of operating reserves. Cash and equivalents of $11.4M cover approximately 1.0 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$246.1M$94.3M$619K$485K$150.9M
2023$128.2M$101.2M$2.2M$1.1M$25.9M
2022$117.5M$52.7M$1.9M$1.0M$63.5M
2021$250.9M$198.7M$2.6M$697K$51.5M
2020$119.3M$92.4M$0$794K$21.1M

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$131.2M$114.4M$15.7M$1.1M$106.3M
2023$117.2M$102.6M$7.9M$1.0M$95.4M
2022$96.1M$84.6M$10.7M$833K$78.4M
2021$95.2M$84.3M$9.7M$1.1M$78.7M
2020$90.4M$82.2M$7.2M$1.0M$74.7M

Program Expense Ratio

87.2%

Admin Expense Ratio

11.9%

Fundraising Efficiency

8338.4%

Operating Reserve

108.4 mo

People & Compensation(Tax Year 2024)

64 records

Compensation Summary

Community Foundation for Southeast Michigan reported compensation for 64 officers and key employees. Total officer compensation was $3.6M, representing 2.7% of total expenses. 1 individual received total compensation exceeding $500,000.

Community Foundation for Southeast Michigan's highest-compensated individual received $720K in total compensation. Total officer compensation of $3.6M represents 2.7% of total expenses. 1 individual received total compensation exceeding $500,000.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
RICHARD L DEVOREPRESIDENT
Officer
40.00$654,744$0$719,647
NICOLE SHERARD-FREEMANCHIEF OPERATING OFFICER
Key Employee
40.00$412,982$0$416,036
LAURA L BROWNFIELDGENERAL COUNSEL
Key Employee
40.00$279,952$0$335,856
JENILYN NORMANVP, FINANCE AND ADMINISTRATION
Officer
40.00$263,812$0$315,812
SHERYL G ARBVP, MARKETING AND COMMUNICATIONS
Key Employee
40.00$237,971$0$283,473
RANDALL S ROSSVP, PHILANTHROPIC SERVICES
Key Employee
40.00$214,543$0$254,509
SARAH WEDEPOHLVP, PROGRAM
Key Employee
40.00$210,355$0$235,405
WAFA S DINAROEXECUTIVE DIRECTOR, NEI
Highest Comp
40.00$186,322$0$226,976
JAYME POWELLEXECUTIVE DIRECTOR, DRWP
Highest Comp
40.00$190,582$0$215,536
OLUBUNMI PARKSVP, TALENT & CULTURE
Highest Comp
40.00$172,701$0$209,273
BRAD M WESTLAKECONTROLLER
Highest Comp
40.00$176,371$0$203,632
MATTHEW J LEWISCFSEM, DIRECTOR OF GOV AND OPS
Highest Comp
40.00$153,690$0$186,884
ANDREW L CAMDENTRUSTEE
Director
0.50$0$0$0
BARBARA L MCQUADETRUSTEE
Director
0.50$0$0$0
BONNIE LARSONTRUSTEE
Director
0.50$0$0$0
BRUCE E NYBERGTRUSTEE
Director
0.50$0$0$0
CARLA WALKER-MILLERTRUSTEE
Director
0.50$0$0$0
CHRISTOPHER L RIZIKTRUSTEE
Director
0.50$0$0$0
CHUCK STOKESTRUSTEE
Director
0.50$0$0$0
DALE L WATCHOWSKITRUSTEE
Director
0.50$0$0$0
DANA M LOCNISKARTRUSTEE
Director
0.50$0$0$0
DAVID P LARSENTRUSTEE
Director
0.50$0$0$0
ERIC B LARSONTRUSTEE
Director
0.50$0$0$0
GARY H TORGOWTRUSTEE
Director
0.50$0$0$0
GERALD E ROSENTRUSTEE
Director
0.50$0$0$0
GLENDA D PRICETRUSTEE
Director
0.50$0$0$0
HENRY W LIMTRUSTEE
Director
0.50$0$0$0
JAMES B NICHOLSONTRUSTEE
Director
0.50$0$0$0
JENICE C MITCHELL FORDTRUSTEE
Director
0.50$0$0$0
JENNIFER M FISCHERTRUSTEE
Director
0.50$0$0$0
JOHN D LEWISTRUSTEE
Director
0.50$0$0$0
JOHN M ERBTRUSTEE
Director
0.50$0$0$0
KAREN SOSNICK SCHOENBERGTRUSTEE
Director
0.50$0$0$0
KENNETH WHIPPLETRUSTEE
Director
0.50$0$0$0
LENA R EPSTEINTRUSTEE
Director
0.50$0$0$0
MARIA THOMPSONTRUSTEE
Director
0.50$0$0$0
MATTHEW P CULLENTRUSTEE
Director
0.50$0$0$0
MICHAEL E BANNISTERTRUSTEE
Director
0.50$0$0$0
PAUL R DIMONDTRUSTEE
Director
0.50$0$0$0
PAUL TRULIKTRUSTEE
Director
0.50$0$0$0
PHILLIP WM FISHERTRUSTEE
Director
0.50$0$0$0
REGINALD M TURNERTRUSTEE
Director
0.50$0$0$0
SARAH M EARLEYTRUSTEE
Director
0.50$0$0$0
SEAN K WERDLOWTRUSTEE
Director
0.50$0$0$0
DAVID T PROVOSTCHAIR/TRUSTEE
OfficerDirector
0.50$0$0$0
STEVEN K HAMPTRUSTEE
Director
0.50$0$0$0
THOMAS C BUHLTRUSTEE
Director
0.50$0$0$0
VIVIAN DAY STROHTRUSTEE
Director
0.50$0$0$0
WENDY BATISTE-JOHNSONTRUSTEE
Director
0.50$0$0$0
WILLIAM F PICKARDTRUSTEE
Director
0.50$0$0$0
WILLIAM M HERMANNTRUSTEE
Director
0.50$0$0$0
WILLIAM W SHELDEN JRTRUSTEE
Director
0.50$0$0$0
STEPHEN R POLKTRUSTEE
Director
0.50$0$0$0
JACK MARTINTREASURER
OfficerDirector
0.50$0$0$0
JOANN CHAVEZVICE CHAIR /TRUSTEE
OfficerDirector
0.50$0$0$0
MARY H WEISERVICE CHAIR /SECRETARY
OfficerDirector
0.50$0$0$0
PENNY B BLUMENSTEINVICE CHAIR
OfficerDirector
0.50$0$0$0
LARRY BRINKER JRTRUSTEE (START 7/24)
Director
0.50$0$0$0
SELAM SANDERSTRUSTEE (START 7/24)
Director
0.50$0$0$0
STACY ZIARKOTRUSTEE (START 7/24)
Director
0.50$0$0$0
TIMOTHY NICHOLSONTRUSTEE (START 7/24)
Director
0.50$0$0$0
DAVID M HEMPSTEADTRUSTEE
OfficerDirector
0.50$0$0$0
AHMAD CHEBBANITRUSTEE
Director
0.50$0$0$0
ALLAN D GILMOURTRUSTEE
Director
0.50$0$0$0

Compensation Breakdown

Schedule J detail — base, bonus, benefits, and executive perks

RICHARD L DEVORE

Base Salary

$644,934

Bonus

Other Reportable

$9,810

Retirement/Deferred

$34,500

Nontaxable Benefits

$30,403

Executive Perks

Club dues

NICOLE SHERARD-FREEMAN

Base Salary

$405,779

Bonus

Other Reportable

$7,203

Retirement/Deferred

Nontaxable Benefits

$3,054

Executive Perks

Club dues

LAURA L BROWNFIELD

Base Salary

$279,262

Bonus

Other Reportable

$690

Retirement/Deferred

$28,613

Nontaxable Benefits

$27,291

Executive Perks

Club dues

JENILYN NORMAN

Base Salary

$263,362

Bonus

Other Reportable

$450

Retirement/Deferred

$26,852

Nontaxable Benefits

$25,148

Executive Perks

Club dues

SHERYL G ARB

Base Salary

$235,991

Bonus

Other Reportable

$1,980

Retirement/Deferred

$23,851

Nontaxable Benefits

$21,651

Executive Perks

Club dues

RANDALL S ROSS

Base Salary

$213,853

Bonus

Other Reportable

$690

Retirement/Deferred

$21,532

Nontaxable Benefits

$18,434

Executive Perks

Club dues

SARAH WEDEPOHL

Base Salary

$209,665

Bonus

Other Reportable

$690

Retirement/Deferred

$20,816

Nontaxable Benefits

$4,234

Executive Perks

Club dues

WAFA S DINARO

Base Salary

$186,022

Bonus

Other Reportable

$300

Retirement/Deferred

$18,616

Nontaxable Benefits

$22,038

Executive Perks

Club dues

JAYME POWELL

Base Salary

$190,342

Bonus

Other Reportable

$240

Retirement/Deferred

Nontaxable Benefits

$24,954

Executive Perks

Club dues

OLUBUNMI PARKS

Base Salary

$172,431

Bonus

Other Reportable

$270

Retirement/Deferred

$17,343

Nontaxable Benefits

$19,229

Executive Perks

Club dues

BRAD M WESTLAKE

Base Salary

$170,921

Bonus

$5,000

Other Reportable

$450

Retirement/Deferred

$17,679

Nontaxable Benefits

$9,582

Executive Perks

Club dues

MATTHEW J LEWIS

Base Salary

$153,420

Bonus

Other Reportable

$270

Retirement/Deferred

$15,536

Nontaxable Benefits

$17,658

Executive Perks

Club dues

Top Contractors(Tax Year 2024)

5 records

Contractor Summary

Community Foundation for Southeast Michigan reported 5 contractors receiving over $100,000, with total contractor payments of $3.5M.

NameServiceCompensation
TRIVE CAPITALINVESTMENT MANAGER$1,371,945
PLATIVE INCCONSULTANT$558,575
PIMCOINVESTMENT MANAGER$522,100
PFINGSTENINVESTMENT MANAGER$512,469
FENTON COMMUNICATIONSMARKETING$511,279

Governance & Compliance(Tax Year 2024)

Governance Snapshot

Community Foundation for Southeast Michigan has 6 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 42 members, 42 of whom are independent.

Community Foundation for Southeast Michigan's financial statements are audited, an audit committee oversees the process, the organization is subject to a federal grant audit (Single Audit).

Community Foundation for Southeast Michigan has family or business relationships among officers, directors, or key employees.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members42
Independent members42

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Grants Awarded(Tax Year 2024)

938 records

Grantmaking Summary

Community Foundation for Southeast Michigan awarded $105.1M across 938 grants to organizations. Top recipients include URBAN RENEWAL INITIATIVE FOUNDATION (GROSSE POINTE FARMS, MI) — $6.1M for philanthropy, voluntarism & grantmaking foundations; MICHIGAN STATE UNIVERSITY (EAST LANSING, MI) — $5.2M for scholarship & education; JEWISH FEDERATION OF DETROIT (BLOOMFIELD HILLS, MI) — $4.4M for philanthropy, voluntarism & grantmaking foundations.

Organization Grants

RecipientLocationAmountPurpose
URBAN RENEWAL INITIATIVE FOUNDATION454842669GROSSE POINTE FARMS, MI$6.1MPHILANTHROPY, VOLUNTARISM & GRANTMAKING FOUNDATIONS
MICHIGAN STATE UNIVERSITY386005984EAST LANSING, MI$5.2MSCHOLARSHIP & EDUCATION
JEWISH FEDERATION OF DETROIT381359214BLOOMFIELD HILLS, MI$4.4MPHILANTHROPY, VOLUNTARISM & GRANTMAKING FOUNDATIONS
SCHWAB CHARITABLE FUND311640316ORLANDO, FL$4.2MPHILANTHROPY, VOLUNTARISM & GRANTMAKING FOUNDATIONS
DETROIT RIVERFRONT CONSERVANCY INC300125283DETROIT, MI$3.1MRECREATION & SPORTS
MARYGROVE CONSERVANCY822782819DETROIT, MI$3.1MEDUCATION
TEMPLE ISRAEL OF DETROIT381490194WEST BLOOMFIELD, MI$3.0MRELIGION-RELATED
DETROIT SYMPHONY ORCHESTRA INC381385132DETROIT, MI$2.8MARTS AND CULTURE
REGENTS OF THE UNIVERSITY OF MICHIGAN386006309ANN ARBOR, MI$2.7MSCHOLARSHIP & EDUCATION
THE DETROIT INSTITUTE OF ARTS381359510DETROIT, MI$2.4MARTS AND CULTURE
WAYNE STATE UNIVERSITY386028429DETROIT, MI$1.6MSCHOLARSHIP & EDUCATION
V'HECHZAKTA BO382876911DETROIT, MI$1.1MEDUCATION
YESHIVATH BETH YEHUDAH381437939SOUTHFIELD, MI$1.1MRELIGION-RELATED
INVEST DETROIT FOUNDATION271927369DETROIT, MI$1.0MCOMMUNITY IMPROVEMENT & CAPACITY BUILDING
THE CITY RESCUE MISSION OF LANSING MICHIGAN381626400LANSING, MI$1.0MHOUSING & SHELTER
DETROIT PARKS COALITION920926568DETROIT, MI$948KRECREATION & SPORTS
THE CHRISTIAN COMMUNITY FOUNDATION INC751750059COLORADO SPRINGS, CO$883KRELIGION-RELATED
PLANNED PARENTHOOD OF MICHIGAN381707521ANN ARBOR, MI$780KHEALTH CARE
CHARLES H WRIGHT MUSEUM OF AFRICAN AMERICAN HISTORY381882096DETROIT, MI$742KARTS AND CULTURE
SOUTHWEST HOUSING SOLUTIONS CORPORATION382324335DETROIT, MI$661KHOUSING & SHELTER

Showing 20 of 938 grants.

Foreign Activities(Tax Year 2024)

International Overview

Activities span CENTRAL AMERICA AND THE CARIBBEAN.

Regions & Countries

Region / CountryActivityExpenditure
CENTRAL AMERICA AND THE CARIBBEAN

Supplemental Financial Data(Tax Year 2024)

Schedule D Highlights

Community Foundation for Southeast Michigan operates a donor-advised fund (DAF) program with 471 accounts. The endowment stands at $901.2M, with $91.1M in new contributions.

Filing History(Tax Years 1984–2024)

5 records

Showing the 5 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$246.1M$131.2M$1.2B
2023
990
2023-01-01 – 2023-12-31$128.2M$117.2M$1.1B
2022
990
2022-01-01 – 2022-12-31$117.5M$96.1M$949.9M
2021
990
2021-01-01 – 2021-12-31$250.9M$95.2M$1.1B
2020
990
2020-01-01 – 2020-12-31$119.3M$90.4M$899.3M
1984–2019No filings acquired yet

Frequently Asked Questions

What does Community Foundation for Southeast Michigan do?

TO ENHANCE THE QUALITY OF LIFE IN SOUTHEAST MICHIGAN. WE PROMOTE AND FACILITATE PERMANENT POSITIVE CHANGE THROUGH THOUGHTFUL PHILANTHROPY, AND WE HELP DONORS INVEST IN ORGANIZATIONS THEY CARE ABOUT NATIONWIDE.

How much revenue does Community Foundation for Southeast Michigan have?

Community Foundation for Southeast Michigan reported $246,111,003 in total revenue for tax year 2024, up 92.0% from the prior year.

Who is the highest-paid executive at Community Foundation for Southeast Michigan?

RICHARD L DEVORE, PRESIDENT, received $719,647 in total compensation as of tax year 2024.

Is Community Foundation for Southeast Michigan a 501(c)(3)?

Yes, Community Foundation for Southeast Michigan is classified as a 501(c)(3) tax-exempt organization.

Where is Community Foundation for Southeast Michigan located?

Community Foundation for Southeast Michigan is headquartered in DETROIT, MI 48226.

How many employees does Community Foundation for Southeast Michigan have?

Community Foundation for Southeast Michigan has 83 employees and 250 volunteers as of tax year 2024.

What type of nonprofit is Community Foundation for Southeast Michigan?

Community Foundation for Southeast Michigan is classified under NTEE code T31 (Community Foundations), within the Philanthropy, Voluntarism & Grantmaking category. It is a 501(c)(3) tax-exempt organization.

Is Community Foundation for Southeast Michigan audited?

Yes, Community Foundation for Southeast Michigan's financial statements are audited, and the organization has an audit committee.

How much does Community Foundation for Southeast Michigan spend on fundraising?

Community Foundation for Southeast Michigan reported $1,131,344 in fundraising expenses for tax year 2024, which represents 0.9% of total expenses.

Does Community Foundation for Southeast Michigan give grants?

Yes, Community Foundation for Southeast Michigan distributed $106,280,858 in grants to other organizations and individuals in tax year 2024. Top recipients include URBAN RENEWAL INITIATIVE FOUNDATION, MICHIGAN STATE UNIVERSITY, JEWISH FEDERATION OF DETROIT.

Does Community Foundation for Southeast Michigan operate internationally?

Yes, Community Foundation for Southeast Michigan conducts activities outside the United States. Activities span CENTRAL AMERICA AND THE CARIBBEAN.

Data Source

Prepared by: DELOITTE TAX LLP, INDIANAPOLIS, IN

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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