Southwest Detroit Business Associat

Since its establishment in 1957, the Southwest Detroit Business Associat has actively collaborated with various stakeholders to leverage Southwest Detroit's competitive edge. The organization's primary focus is to support local investors, entrepreneurs, and businesses, while simultaneously fostering economic growth and strengthening the community. Notably, they have initiated projects, such as the MexicanTown Community Development Corporation, to revitalize and develop Bagley Avenue, leading to the creation of a thriving cultural business district. To further enrich member businesses, the Southwest Detroit Business Associat has revamped and enhanced its membership application program, offering valuable perks like group discounts, bilingual workshops, and networking events on a monthly basis. By nurturing 142 businesses and providing opportunities for real estate development within the business district, the organization has contributed significantly to the economic vitality of Southwest Detroit.

Southwest Detroit Business Associat is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Detroit Business Associat submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $391,195

For more financial information, click here

The Southwest Detroit Business Associat's mission is centered around facilitating and enhancing economic development in its respective region. Over the years, it has collaborated with various stakeholders, including investors, entrepreneurs, customers, and neighbors, to leverage the area's competitive advantages. The organization has a particular focus on supporting ethnic and minority-owned businesses, with the aim of stimulating economic growth and fostering a healthy, vibrant neighborhood. One of its notable initiatives is the establishment of the Mexicantown Community Development Corporation, which was instrumental in revitalizing and redeveloping a business district, transforming it into a cultural hub. The Southwest Detroit Business Associat has also improved its membership program, offering added value to member businesses through group discounts, bilingual workshops, and regular networking events. Furthermore, the organization has identified and cultivated potential business opportunities for 142 businesses within the business district.

Laura Chavez-Wazeerud-Din is the Director of Southwest Detroit Business Associat.

Southwest Detroit Business Associat's revenue in 2022 was $1,257,069.

The average compensation at Southwest Detroit Business Associat during 2022 was $32,600. There are 12 employees at Southwest Detroit Business Associat.

Here are 12 key members and their salaries:

The Southwest Detroit Business Associat’s most recent form 990 was submitted in 2022 and can be accessed here