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PROSPERUS DETROIT MICRO LENDING

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Public nonprofit record

PROSPERUS DETROIT MICRO LENDING

EIN 46-2997666 · Urban & Community Economic Development (S31)

What they do

ProsperUs Advances Economic Equity In Under-resourced Communities By Supporting Entrepreneurs With Opportunities and Capital Needed to Build Businesses, Generational Wealth, and Vibrant Neighborhoods.

Money

Financial picture

Tax year 2024
Revenue$4,163,863
Expenses$3,174,837
Assets$4,555,184
Income$4,163,863
Contributions$3,946,942
Grants given$1,435,668
Average grant$24,753
Management$523,489
Executive compensation$33,320
Accounting fees$93,000

About this charity

Recognized since
January 2020
Location
440 Burroughs St 360, Detroit, MI 48202
County
Wayne
In care of
Paul Jones
Primary officer
Paul Jones, CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
DESMOND & AHERN LTD
NTEE classification
Urban & Community Economic Development (S31)
IRS tax category
Urban & Community Economic Development
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
16
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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