Public Charity

METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS

METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS is a nonprofit organization categorized as Public Charity based in MINNEAPOLIS, MN. Its most recent IRS filing (2024) reports revenue of $4.6M, expenses of $3.8M, total assets of $14.8M. Imperigo tracks 47 reported grant relationships connected to this organization totaling approximately $1.9M.

EIN: 411658654 MINNEAPOLIS, MN Small Business Development NTEE: S43 Latest filing: 2024
Total Revenue$4.6M
Total Expenses$3.8M
Total Assets$14.8M
Grant Records47
Funding Total$1.9M
Filing Years2019–2024

Mission

MCCD WORKS COLLECTIVELY TO EXPAND ECONOMIC PROSPERITY BY INVESTING IN AND STEWARDING COMMUNITY DEVELOPMENT RESOURCES.

Where $100 goes at Metropolitan Consortium of Community Developers

How Metropolitan Consortium of Community Developers divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$92 Programs the work itself
$6 Management running the organization
$2 Fundraising raising the next dollar

Inside the $92 for programs

$52
Small business developmentas a cdfi, mccd delivers essential support to businesses across a broad range of ownership models - from individually owned micro-enterprises to cooperatively owned and member-led…
57% of program spending · Reported in the filing: 36,000 hours of technical; 6,100 hours of direct
$28
Loan programas a community development financial institution (cdfi), mccd provides capital to people who face challenges in accessing the commercial banking system, with a focus on black, indigenous…
30% of program spending · Reported in the filing: 67 loans; 411 jobs
$12
Member services and advocacystate policy advocacy:during the 2024 minnesota state legislative session, mccd's legislative agenda focused primarily on economic development policy, while also advocating for sustained investments in…
13% of program spending · Reported in the filing: 13 mentees; 13 mentors
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Anisha Murphy
DIRECTOR Asalesol Young
CHIEF EXECUTIVE OFFICER Elena Gaarder
CHAIR Gunnar Carlson
DIRECTOR Jeru Gobeze
TREASURER Jim Erchul

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,473,980 34 grants
Economic Development
$245,500 4 grants
Health & Medicine
$180,000 3 grants
Fundraising & Sponsorship
$5,000 1 grant
Unspecified
$17,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $4.6M $3.8M $14.8M
2023 $3.0M $2.9M $15.1M
2022 $5.1M $3.9M $15.0M
2020 $17.1M $17.1M $13.2M
2019 $2.0M $2.2M $11.2M

Between 2019 and 2024, reported annual revenue grew from $2.0M to $4.6M (+130%), with total assets most recently reported at $14.8M.

Interactive year-over-year charts and full filing details available with membership.

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