Kansas City Downtown Minority Development Corporation

Organization Overview

Kansas City Downtown Minority Development Corporation is located in Kansas City, MO. The organization was established in 1986. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kansas City Downtown Minority Development Corporation 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 12/2021, Kansas City Downtown Minority Development Corporation generated $2.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $5.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Kansas City Downtown Minority Development Corporation has awarded 12 individual grants totaling $4,000,000. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

FOSTER MINORITY ENTREPRENEURSHIP IN THE K.C. MO. CENTRAL BUSINESS DISTRICT & OTHER ECONOMICALLY DISADVANTAGED AREAS OF THE CITY PROVIDE FINANCING TO FOSTER MINORITY ENTREPRENEURSHIP IN K.C.MO CENTRAL BUSINESS DISTRICT & OTHER ECONOMICALLY DISADVANTAGED AREAS OF THE CITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED SUPPORT TO MINORITY BUSINESS IN THE K.C.MO. CENTRAL BUSINESS DISTRICT


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Board, Officers & Key Employees

Name (title)Compensation
Donna Wilson
Chair
$0
Thelma Crawford
Sec. Treasurer
$0
Alvin Brooks
Director
$0
Ralph D Reid
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $2,890
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 $2,890

Grants Awarded

Over the last fiscal year, Kansas City Downtown Minority Development Corporation has awarded $0 in support to 4 organizations.

Grant RecipientAmount

NEGRO LEAGUES BASEBALL MUSEUM

Org PageRecipient Profile

Kansas City, MO

PURPOSE: 0

$0

COMMUNITY BUILDERS

Org PageRecipient Profile

Kansas City, MO

PURPOSE: 0

$0

Kansas City, MO

PURPOSE: 0

$0

JAZZ DISTRICT RENAISSANCE

Org PageRecipient Profile

Kansas City, MO

PURPOSE: 0

$0
View Grant Profile

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