Public Charity

METROPLEX ECONOMIC DEVELOPMENT CORP

METROPLEX ECONOMIC DEVELOPMENT CORP, of DALLAS, TX, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.8M in revenue, $5.4M in expenses, $1.7M in total assets. 9 publicly reported grants to this organization, totaling roughly $270K, appear in IRS filings.

EIN: 752768840 DALLAS, TX Economic Development NTEE: S30 Latest filing: 2024
Total Revenue$4.8M
Total Expenses$5.4M
Total Assets$1.7M
Grant Records9
Funding Total$270K
Filing Years2019–2024

Mission

TO ALLEVIATE POVERTY AND ITS EFFECTS ON THE LOCAL COMMUNITY AND TO PROVIDE EDUCATION. THE ORGANIZATION OPERATES AS A LOCAL ECONOMIC DEVELOPMENT CORPORATION, PROVIDING FUNDING TO LOCAL BUSINESSES, JOB TRAINING & EDUCATION, BUSINESS COUNSELING, COMMUNITY SERVICES, AND SIMILAR ACTIVITIES TO RELIEVE POVERTY IN ECONOMICALLY DEPRESSED AREAS.

Where $100 goes at Metroplex Economic Development Corp

How Metroplex Economic Development Corp divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$99 Programs the work itself
$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $99 for programs

$90
Good soil
91% of program spending
$5
Texas offenders re-entry initiative (tori)
5% of program spending
$4
Economic development
4% of program spending
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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

SECRETARY Darwin Bruce
PRESIDENT Frank Dyer
VICE PRESIDENT Mark Jones

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$85,837 5 grants
Unspecified
$183,712 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $4.8M $5.4M $1.7M
2023 $3.3M $3.4M $4.6M
2022 $850K $1.3M $2.5M
2020 $1.5M $1.2M $2.3M
2019 $1.5M $1.5M $2.0M

Between 2019 and 2024, reported annual revenue grew from $1.5M to $4.8M (+224%), with total assets most recently reported at $1.7M.

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

See the full picture for METROPLEX ECONOMIC DEVELOPMENT CORP

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