Jefferson East, Inc. (Jei)
Jefferson East, Inc. (Jei)
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About this organization
Mission
The mission of the Jefferson East, Inc. (JEI) is: 'to be a collaborative leader in fostering economic development on Detroit's lower east side by creating an environment that is conducive to business and residential growth'.
About
Invest Jefferson: JEI seeks to support and develop inclusive neighborhoods and business districts that allow longtime Detroiters to benefit from the city's resurgence. In 2018, JEI completed the renovation of its former HQ into Norma G's Caribbean Cuisine, the first full service restaurant in the Jefferson Chalmers neighborhood in more than 30 years. This location now provides employment for 25 area residents. JEI currently has two additional retail buildings under active redevelopment and 23 mixed income apartment units in under construction. Another $64 million of mixed use, mixed income developments are currently in predevelopment. Key support for this program comes from the Kresge Foundation and the Community Foundation for SE Michigan.
Interesting data from their 2019 990 filing
The non-profit's aim, as stated in the filing, is “Growing detroit's east jefferson corridor and its neighborhoods through facilitative leadership, collaborative partnerships, and innovative and impactful programming.”.
When referring to its actions, they were outlined as: “Growing detroit's east jefferson corridor and its neighborhoods through facilitative leadership, collaborative partnerships, and innovative and impactful programming.”.
- The non-profit has complied with legal obligations by reporting their state of operation as MI.
- The non-profit's address in 2019 is noted in the filing as 300 RIVER PLACE NO 5250, DETROIT, MI, 48207.
- The non-profit's form for 2019 reports a total of 9 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $213,359.
- The organization has 28 independent voting members.
- The organization was formed in 1994.
- The organization pays $552,735 in salary, compensation, and benefits to its employees.
- The organization pays $150,939 in fundraising expenses.