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MIDWEST MINNESOTA COMMUNITY DEVELOPMENT CORPORATION
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MIDWEST MINNESOTA COMMUNITY DEVELOPMENT CORPORATION
Detroit Lakes, MN, US
•
501(c)3
•
EIN
41-0972298
•
WWW.MMCDC.COM
MIDWEST MINNESOTA COMMUNITY DEVELOPMENT CORPORATION
Sign up to claim this org
Detroit Lakes, MN, US
•
501(c)3
•
EIN
41-0972298
•
WWW.MMCDC.COM
Overview
Programs
990s
Income Statement
Balance Sheet
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
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Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$25,316,666
Contributions
58%
Program Services
26%
Other
11%
Government Grants
3%
Investments
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in
2024
$16,636,513
Other
67%
Salaries & Benefits
21%
Grants
5%
Offices, Occupancy & IT
3%
Depreciation
2%
Fees to Service Providers
1%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$201,488
$14,802,106
+7246%
Government Grants
$754,997
$714,616
-5%
Fundraising Events
$0
$0
-
Program Services
$4,929,636
$6,705,510
+36%
Membership Dues
$0
$0
-
Investments
$258,864
$334,892
+29%
Other
$572,982
$2,759,542
+382%
Total Revenues
$6,717,967
$25,316,666
+277%
Expenses
2023
2024
Change
Grants
$167,900
$810,307
+383%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,222,520
$3,427,573
+6%
Fees to Service Providers
$154,745
$199,845
+29%
Advertising & Promotion
$26,008
$28,584
+10%
Offices, Occupancy & IT
$407,535
$531,441
+30%
Interest
$73,117
$74,752
+2%
Depreciation
$354,400
$350,173
-1%
Other
$675,455
$11,213,838
+1560%
Total Expenses
$5,081,680
$16,636,513
+227%
Net income
2023
2024
Change
Net income
+$1,636,287
+$8,680,153
+430%
Functional Expenses
Summary
2023
2024
Change
Program
$3,946,572
$15,406,305
+290%
Admin
$843,744
$921,875
+9%
Fundraising
$291,364
$308,333
+6%
Total Expenses
$5,081,680
$16,636,513
+227%
Income Statement