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Endeavor Detroit

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 472312721 ✦ Detroit, MI ✦ Designated as a 501(c)(3)

Overview

What is Endeavor Detroit?

Endeavor Detroit is a nonprofit organization situated in Detroit, Michigan, specifically at 1420 WASHINGTON BLVD STE 301. Their primary mission is to foster high-impact entrepreneurship in Michigan and the broader Great Lakes region, aiming to catalyze long-term economic growth. They achieve this by identifying, mentoring, and supporting promising entrepreneurs leading high-growth businesses. In 2022, they supported 37 entrepreneurs across 21 companies, contributing hundreds of hours of mentorship and assistance in fundraising, partnerships, and business development. Endeavor Detroit's initiatives also focus on promoting diversity, equity, and inclusion in high-growth entrepreneurship, and they provide a supportive environment that has earned them an "Excellent" average rating from the entrepreneurs they serve. The organization runs the ScaleUp program, which focuses on guiding exceptional leaders of future high-impact companies to achieve their next level of growth and expansion.


Official website here: www.us.endeavor.org/office/detroit

Is Endeavor Detroit legitimate?

Endeavor Detroit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Endeavor Detroit 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: $261,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $353,054

For more financial information, click here


Official website here: www.us.endeavor.org/office/detroit

What is the mission statement of Endeavor Detroit?

Endeavor Detroit is dedicated to spearheading the high-impact entrepreneurship movement across Michigan and the larger Great Lakes region. Their mission is to stimulate long-term economic growth by identifying, mentoring, and backing the most promising high-impact entrepreneurs in the region. These entrepreneurs possess the potential to establish high-growth businesses that foster job creation and economic impact, and they demonstrate a strong commitment to their community. By empowering these individuals, Endeavor Detroit serves as a catalyst for economic growth and inspires others to think bigger and support fellow entrepreneurs and their community.


Official website here: www.us.endeavor.org/office/detroit

Who is the CEO of Endeavor Detroit?

Diana Callaghan is the Managing Director of Endeavor Detroit.


Official website here: www.us.endeavor.org/office/detroit

What is the revenue of Endeavor Detroit?

Endeavor Detroit's revenue in 2022 was $1,285,918.


Official website here: www.us.endeavor.org/office/detroit

Who are the executives of Endeavor Detroit and what are their salaries?

The average compensation at Endeavor Detroit during 2022 was $87,722. There are 7 employees and 57 volunteers at Endeavor Detroit.

Here are 9 key members and their salaries:

    Diana Callaghan (Managing Director)
  • Compensation: $240,899
  • Related: $0
  • Other: $20,001

    • Isabella Artiles (Senior Manager Entrepreneur Experience)
  • Compensation: $113,436
  • Related: $0
  • Other: $13,243

    • Nate Lowery (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Jbara (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynda Applegate (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Vichich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Conlen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Shaya (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Wenk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.us.endeavor.org/office/detroit

    Where can I find the form 990 for Endeavor Detroit?

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


    Official website here: www.us.endeavor.org/office/detroit

    Learn more at the official website: www.us.endeavor.org/office/detroit

    Mission Statement of Endeavor Detroit

    Endeavor Detroit, a leading entity in the high-impact entrepreneurship movement, is primarily focused on Michigan and the wider Great Lakes region. Its mission is to catalyze long-term economic growth by identifying, mentoring, and backing the most promising high-impact entrepreneurs in the region. These entrepreneurs are distinguished by their potential to establish high-growth businesses, which can stimulate job creation and contribute positively to the economy. Moreover, they demonstrate a strong sense of community commitment, setting an example for others to emulate and supporting the broader community's development. By nurturing these high-impact entrepreneurs, Endeavor Detroit serves as a catalyst for economic growth and inspires others to think big and contribute to the entrepreneurial ecosystem.

    Impact

    This information is meant to be a general summary of Endeavor Detroit. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Endeavor Detroit is playing a pivotal role in shaping the entrepreneurial landscape in Michigan and the wider Great Lakes region. By selecting, mentoring, and supporting high-impact entrepreneurs, Endeavor Detroit is catalyzing long-term economic growth in the region. In 2022 alone, the organization supported a portfolio of 37 entrepreneurs leading 21 companies, with Tovala being its second selection from Chicago.

    Endeavor Detroit's impact extends beyond just numbers. The organization provided crucial mentorship, assistance with fundraising, access to partnerships, growth markets, and tailored business and leadership development programs. Additionally, through initiatives like the ScaleUp program, Endeavor Detroit is actively working towards advancing diversity, equity, and inclusion in high-growth entrepreneurship.

    The dedication and efforts of Endeavor Detroit in 2022 have resulted in entrepreneurs consistently rating the organization's services as "Excellent." By empowering high-impact entrepreneurs to build successful, job-creating businesses and inspiring a culture of support and growth in the community, Endeavor Detroit is leaving a lasting imprint on the economic landscape of the Great Lakes region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-782
  • Program Service Revenue: $0
  • Gross Receipts: $1,422,033

    • Assets and Liabilities:
  • Total Assets: $946,067
  • Total Liabilities: $37,091
  • Net Assets: $908,976
  • Organization Details

    Founding Year

    2014

    Principal Officer

    Diana Callaghan

    Main Address

    1420 WASHINGTON BLVD STE 301, DETROIT, MI, 48226

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Endeavor Detroit and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.