Metropolitan Consortium Of Community Developers

Organization Overview

Metropolitan Consortium Of Community Developers is located in Minneapolis, MN. The organization was established in 1994. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Metropolitan Consortium Of Community Developers employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metropolitan Consortium Of Community Developers is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Metropolitan Consortium Of Community Developers generated $5.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $3.9m during the year ending 12/2022. While expenses have increased by 13.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Metropolitan Consortium Of Community Developers has awarded 1,707 individual grants totaling $21,420,361. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

WORK TO BUILD STRONG COMMUNITIES BY LEVERAGING RESOURCES FOR THE DEVELOPMENT OF PEOPLE AND PLACES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SMALL BUSINESS SUPPORT - SEE SCHEDULE O


SHARED OWNERSHIP


MEMBER SERVICES AND ADVOCACY - SEE SCHEDULE O


LOAN PROGRAM - SEE SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
Will Delaney
Director
$0
Perla Mayo
Director
$0
Kathy Wetzel-Mastel
Director
$0
Chris Wilson
Director
$0
Asalesol Young
Director
$0
Mikeya Griffen
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,227,031
All other contributions, gifts, grants, and similar amounts not included above$673,997
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,901,028
Total Program Service Revenue$1,169,558
Investment income $3,073
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,078,313

Grants Awarded

Over the last fiscal year, Metropolitan Consortium Of Community Developers has awarded $569,600 in support to 53 organizations.

Grant RecipientAmount

ONYX COFFEEHOUSE LLC

PURPOSE: GRANT RELIEF FUNDS

$10,000

GOLDEN THYME COFFEE SHOP INC

PURPOSE: GRANT RELIEF FUNDS

$10,000

FUTURE BUILDERS COOP CO TAKEACTION MINNESOTA EDUCATION

PURPOSE: GRANT RELIEF FUNDS

$9,600

ROOTS MIDWIFERY LLC

PURPOSE: GRANT RELIEF FUNDS

$25,000

ALLIANCE REALTY MN

PURPOSE: DEED MAIN STREET GRANT

$10,000

SOMALI SENIOR CENTER INC

PURPOSE: DEED MAIN STREET GRANT

$15,000
View Grant Profile

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