Metropolitan Economic Development Association
AI Summary
The Metropolitan Economic Development Association (EIN: 41-0977257) is dedicated to fostering economic development by helping minority entrepreneurs succeed. With an operating budget of $7.6 million and total revenue of $15.5 million for the 2024 filing year, the organization is supported by several significant funders, none of which provide more than 50% of its revenue. More information can be found on their website at www.meda.net.
Mission Statement
Helping minority entrepreneurs succeed.
Cause Areas
1
Economic development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is Metropolitan Economic Development Association’s budget?
In 2024, Metropolitan Economic Development Association reported an annual operating budget of around $7.6 million. More detailed financial information is available to registered users.
What causes does Metropolitan Economic Development Association support?
Metropolitan Economic Development Association supports work in Economic development.
Where does Metropolitan Economic Development Association operate?
Metropolitan Economic Development Association is headquartered in Minneapolis, MN.
Who funded Metropolitan Economic Development Association recently?
In 2025, Metropolitan Economic Development Association received grants from CHARITIES AID FOUNDATION AMERICA, TARGET FOUNDATION, and THE MINNEAPOLIS FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Metropolitan Economic Development Association received in 2024?
The largest grant to Metropolitan Economic Development Association in 2024 exceeds $180 thousand.
What is Metropolitan Economic Development Association’s reliance on government grants?
Metropolitan Economic Development Association relied on government grants for more than 75% of their total revenue in 2024.