Mvl Community Charitable Development Group Inc
- Assets
- $66.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Vernon, IA
- Founding
- 01/2017
- Data as of
- 06/2021
- EIN
- 81-1018832
Organization Overview
Mvl Community Charitable Development Group Inc is located in Mount Vernon, IA. The organization was established in 2017. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mvl Community Charitable Development Group Inc 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 06/2021, Mvl Community Charitable Development Group Inc generated $78.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (49.5%) each year. All expenses for the organization totaled $51.0k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CONDUCT ACTIVITIES TO DEVELOP AND PROMOTE THE PURPOSES OF ENCOURAGING CHARITABLE GIVING FOR THE ADVANCEMENT OF THE ECONOMIC, CULTURAL, ARTISTIC AND RECREATIONAL VITALITY OF THE MOUNT VERNON AND LISBON COMMUNITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rich Hermann President | 1 | $0 | |
Mark Binsfield Secretary | 1 | $0 | |
John Brehm Treasurer | 1 | $0 | |
Brenda Langenberg Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,814 |
| Total Program Service Revenue | $33,481 |
| Membership dues | $0 |
| Investment income | $68 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,363 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,695 |
| Total expenses | $50,952 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,130 |
| Other assets | $0 |
| Total assets | $66,130 |
| Total liabilities | $0 |
| Net assets or fund balances | $66,130 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mvl Community Charitable Development Group Inc has recieved totaling $8,000.
| Awarding Organization | Amount |
|---|---|
Greater Cedar Rapids Community Foundation Cedar Rapids, IA PURPOSE: DESIGNATED DISTRIBUTION FOR THE FIRST STREET COMMUNITY CENTER | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Swedish Institute Minneapolis, MN | $53,674,080 | $22,744,075 |
National Museum Of Mexican Art Chicago, IL | $19,674,194 | $15,502,542 |
First Peoples Fund Rapid City, SD | $11,478,942 | $11,058,456 |
Cityserve International Springfield, MO | $3,073,627 | $2,894,245 |
Instituto Cervantes Of Chicago Inc Chicago, IL | $741,739 | $2,489,461 |
Coalition Of Asian American Leaders St Paul, MN | $4,205,998 | $3,284,074 |
National Native American Boarding School Healing Coalition Minneapolis, MN | $8,382,833 | $1,366,565 |
Black Hills Badlands & Lakes Association Rapid City, SD | $1,241,083 | $1,774,171 |
The Alliance Francaise French House Of Chicago Chicago, IL | $5,091,056 | $2,088,000 |
The Germanic-American Institute St Paul, MN | $1,003,743 | $1,467,088 |
Blackhawks Of St Paul St Paul, MN | $194,784 | $1,434,871 |
Blackhawk Area Cu Savanna, IL | $44,108,339 | $1,720,364 |