MDC INC
AI Summary
Was this helpful?
MDC INC is a nonprofit organization dedicated to economic development in the Southern United States, with a mission to eliminate systemic inequities and promote economic mobility for all individuals. With an operating budget of $6 million and total revenue of $3.3 million for the 2024 filing year, MDC INC collaborates with changemakers and cultivates networks centered on equity. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its initiatives. For more information, visit www.mdcinc.org.
Mission Statement
MDC ENVISIONS A SOUTH WHERE SYSTEMIC INEQUITIES NO LONGER EXIST AND ALL PEOPLE THRIVE. MDC CATALYZES AND ACCELERATES ECONOMIC MOBILITY ACROSS THE SOUTH BY ACTIVATING CHANGEMAKERS, STRENGTHENING CAPACITY, FRAMING KEY ISSUES, AND CULTIVATING NETWORKS CENTERING EQUITY THROUGH IT ALL.
Cause Areas
1
Economic development
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
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
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Frequently Asked Questions
What is MDC INC’s budget?
In 2024, MDC INC reported an annual operating budget of around $6 million. More detailed financial information is available to registered users.
What causes does MDC INC support?
MDC INC supports work in Economic development.
Where does MDC INC operate?
MDC INC is headquartered in DURHAM, NC.
Who funded MDC INC recently?
In 2025, MDC INC received grants from TARGET FOUNDATION, ARIZONA COMMUNITY FOUNDATION, and REIDSVILLE AREA FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant MDC INC received in 2024?
The largest grant to MDC INC in 2024 exceeds $700 thousand.