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        <ExplanationTxt>FIN 48 Note from Audited Financial Statements Detroit Development Fund has been granted tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and qualifies for the charitable contribution deduction. The Fund has been classified as an organization that is not a private foundation. The tax exempt purpose of the Fund and the nature in which it operates is described in Note 1. The Fund continues to operate in compliance with its tax exempt purpose. The Fund's annual information and income tax returns filed with the federal and state governments are subject to examination for three years after filing.</ExplanationTxt>
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        <PersonNm>Todd Connor</PersonNm>
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        <ExplanationTxt>The Form 990 will be completed annually and copies will be provided to the entire Board of Directors for Veterans for All Voters (VAV) for review. The Chief Executive Officer (CEO) will review the Form 990 with the Board Treasurer. Any necessary changes will then be updated on the form. Once all necessary changes are made, it will be signed by the Chief Executive Officer and submitted by the filing deadline. A copy of the approved Form 990 will be provided to all Board members before the return is filed.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, line 12c</FormAndLineReferenceDesc>
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      <SupplementalInformationDetail>
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