Michigan · Nonprofit
GRANDMONT ROSEDALE DEVELOPMENT CORP
GRANDMONT ROSEDALE DEVELOPMENT CORP (Michigan) receives grants from 24 organizations whose IRS filings report $4,771,704 to it, the largest being ENTERPRISE COMMUNITY PARTNERS INC ($2,271,437). 12 of them have funded it in more than one year.
- Revenue FY2024
- $4.2M
- Funders on record
- 24
- Grants received
- $4.8M
- Net assets
- $3.6M
What Grandmont Rosedale Development Corp does
Mission
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.
As stated on its FY2024 Form 990.
Programs
Housing: grdc organizes revitalization strategies designed to meet the housing needs of our community. This includes acquisition and resale or lease of single-family homes and multi-family apartment buildings. It also involves providing home repair assistance to homeowners in need. In 2024, grdc finished renovating a 35-unit apartment complex on west outer drive in detroit michigan. The organization also completed several dozen home repair projects.
$927,020 spent$2,139,112 earned by the program45% of program spendingCommunity involvement: grdc's community engagement programming involves soliciting feedback from neighborhood residents about topics of their concern and organizing residents and volunteers in collective action. In 2024, grdc completed 11 beautification projects at vacant lots owned by the organization that included clean-ups and maintenance of flowers and trees.
$667,666 spent32% of program spendingEconcomic development: grdc's economic development programming is designed to provide commercial stabilization and small business support. In 2024, grdc hosted several small business events including small business saturday, and the 20th season of the northwest detroit farmers' market. The organization also provides one-on-one business support and owns and operates a co-working space, grand river workplace, which serves more than 35 business members.
$460,696 spentof which $4,000 as grants$5,291 earned by the program22% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,055,382.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $2.8M to $4.7M (+66%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2019 6% · 2020 6% · 2021 10% · 2023 2% · 2024 12%. Grants only. Government contracts and fees sit inside program revenue.
48% of GRANDMONT ROSEDALE DEVELOPMENT CORP’s revenue is contributions — more donation-reliant than the typical peer (39% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 6 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Michael Randall
Executive director
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 5 funders to 10 funders, grant income rose $292k → $1.1M.
4 of 24 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 28% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of GRANDMONT ROSEDALE DEVELOPMENT CORP’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
GRANDMONT ROSEDALE DEVELOPMENT CORP leans on a few funders — its largest provides 48% of grant income and the top three 71%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
92% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GRANDMONT ROSEDALE DEVELOPMENT CORP.
Largest funder’s share by year: 2017 57% · 2018 59% · 2019 43% · 2020 35% · 2021 55% · 2022 52% · 2023 49% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
45% of GRANDMONT ROSEDALE DEVELOPMENT CORP's funders are still giving 3 years after their first grant; 50% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
GRANDMONT ROSEDALE DEVELOPMENT CORP draws 73% of its grant income from funders outside Michigan, across 8 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.3M arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
GRANDMONT ROSEDALE DEVELOPMENT CORP runs a healthier operating margin than three-quarters of the 3,973 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 3,973 housing & shelter nonprofits $1M–$10M, FY2024
Government funding GRANDMONT ROSEDALE DEVELOPMENT CORP receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.5M on record.
- Department of Housing and Urban Development$2.5M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like GRANDMONT ROSEDALE DEVELOPMENT CORP
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Michigan
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
93% of spending goes to programs.
Governance
Public support
93%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 8 related entities
- Grandmont Rosedale Park Collective LLC · disregarded
- Minock Commerical LLC · disregarded
- Grandmont Rosedale Auburn LLC · disregarded
- Grdc Minock LLC · disregarded
- Grdc 4 Limited Dividend Housing Association LP · partnership
Screen this organization
A dated, signed PDF of the compliance screen for GRANDMONT ROSEDALE DEVELOPMENT CORP: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds GRANDMONT ROSEDALE DEVELOPMENT CORP?
- GRANDMONT ROSEDALE DEVELOPMENT CORP (Michigan) receives grants from 24 organizations whose IRS filings report $4,771,704 to it, the largest being ENTERPRISE COMMUNITY PARTNERS INC ($2,271,437). 12 of them have funded it in more than one year.
- How many funders does GRANDMONT ROSEDALE DEVELOPMENT CORP have?
- IRS filings report 24 organizations giving $4,771,704 in grants to GRANDMONT ROSEDALE DEVELOPMENT CORP, 12 of which have funded it in more than one year.
- Who is the largest funder of GRANDMONT ROSEDALE DEVELOPMENT CORP?
- ENTERPRISE COMMUNITY PARTNERS INC is the largest funder on record, with $2,271,437 in grants. The full list of funders is on this page.
- How can an organization like GRANDMONT ROSEDALE DEVELOPMENT CORP find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Grandmont Rosedale Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 24 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing