THE MIDAS COLLABORATIVE, INC.
THE MIDAS COLLABORATIVE, INC.
BOSTON, MA, US
•
a.k.a Midas Collaborative
•
501(c)(3)
•
EIN
83-0485169
•
•
•
Women Led
BIPOC Led
THE MIDAS COLLABORATIVE, INC.
BOSTON, MA, US
•
a.k.a Midas Collaborative
•
501(c)(3)
•
EIN
83-0485169
•
•
•
Women Led
BIPOC Led
AI Summary
The Midas Collaborative, Inc. is a nonprofit organization focused on advancing the financial security of low- and moderate-income residents across Massachusetts. With an operating budget of $581.2K and total revenue of $636.1K for the filing year 2024, Midas collaborates with member organizations and partners to provide tools, services, and training aimed at creating more prosperous communities. The organization does not rely on a single funder for 50% or more of its revenue. For more information, visit www.MIDASCOLLAB.ORG.
Mission Statement
The Midas Collaborative works to advance the financial security of low- and moderate-income residents across Massachusetts in collaboration with its member organizations and partners. Midas provides tools, services, and training to assist organizations and public officials to create more prosperous communities.
Cause Areas
10
Organized labor
Financial counseling
Banking
Credit unions
Anti-predatory lending
Community organizing
Community service
Corporate social responsibility
Social enterprise
Education services
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.
Populations
1
Economically disadvantaged people
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.
Key Impact Metrics
7K
People served over past 10 years
$7K
Individual savings and matched savings grants
$34M
Economic stimulus in homeownership, education, etc
77%
Unmarried BIPOC working mothers
Frequently Asked Questions
What is THE MIDAS COLLABORATIVE, INC.’s budget?
In 2024, THE MIDAS COLLABORATIVE, INC. reported an annual operating budget of around $581 thousand. More detailed financial information is available to registered users.
What causes does THE MIDAS COLLABORATIVE, INC. support?
THE MIDAS COLLABORATIVE, INC. supports work in Organized labor, Financial counseling, Banking, Credit unions, Anti-predatory lending, Community organizing, Community service, Corporate social responsibility, Social enterprise, and Education services.
Where does THE MIDAS COLLABORATIVE, INC. operate?
THE MIDAS COLLABORATIVE, INC. is headquartered in BOSTON, MA.
Who funded THE MIDAS COLLABORATIVE, INC. recently?
In 2024, THE MIDAS COLLABORATIVE, INC. received grants from MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC, United Way Of Massachusetts Bay Inc, and NEEDHAM BANK CHARITABLE FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant THE MIDAS COLLABORATIVE, INC. received in 2024?
The largest grant to THE MIDAS COLLABORATIVE, INC. in 2024 exceeds $199 thousand.
What is THE MIDAS COLLABORATIVE, INC.’s reliance on government grants?
THE MIDAS COLLABORATIVE, INC. relied on government grants for more than 35% of their total revenue in 2024.