nonprofit logo

Martin Luther King Economic Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391809548 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

Overview

What is Martin Luther King Economic Development Corporation?

Martin Luther King Economic Development Corporation is a nonprofit organization committed to revitalizing the Harambee Community. They achieve this goal by employing an integrated neighborhood revitalization strategy and project development programs. This approach aims to rebuild the community, fostering a sense of unity and progress. The corporation's mission is to drive sustainable growth and improvement within the Harambee area, providing essential resources and opportunities for community members.


Is Martin Luther King Economic Development Corporation legitimate?

Martin Luther King Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martin Luther King Economic Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $75,208
Professional Fundraising Fees: $0
Other Salaries and Wages: $97,929

For more financial information, click here


What is the mission statement of Martin Luther King Economic Development Corporation?
Who is the CEO of Martin Luther King Economic Development Corporation?
What is the revenue of Martin Luther King Economic Development Corporation?
Who are the executives of Martin Luther King Economic Development Corporation and what are their salaries?
Where can I find the form 990 for Martin Luther King Economic Development Corporation?

Mission Statement of Martin Luther King Economic Development Corporation

Martin Luther King Economic Development Corporation, abbreviated as MLKEDC, is dedicated to rebuilding the Harambee Community. They accomplish this mission through an integrated neighborhood revitalization strategy and project development programs. This approach aims to revitalize the community as a whole, addressing various aspects of its development and growth. The corporation's efforts are focused on strategic project development, which is expected to contribute significantly to the rejuvenation of the Harambee Community.

Impact

This information is meant to be a general summary of Martin Luther King Economic Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

The Martin Luther King Economic Development Corporation's impact is focused on rebuilding the Harambee community in Milwaukee, Wisconsin. Through an integrated neighborhood revitalization strategy and project development programs, the organization is working to improve housing and economic opportunities in the area. Their mission is to uplift the community and create a better living environment for residents.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $29,658
  • Program Service Revenue: $783,718
  • Gross Receipts: $1,169,611

    • Assets and Liabilities:
  • Total Assets: $13,094,688
  • Total Liabilities: $2,803,989
  • Net Assets: $10,290,699
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL REVENUE

    Revenue

    $394,222

    K-1 INVESTMENT INCOME

    Revenue

    $343,890

    PROJECT INTEREST INCOM

    Revenue

    $38,041

    PROJECT DEVELOPMENT IN

    Revenue

    $7,565

    Organization Details

    Founding Year

    1993

    Principal Officer

    Nicole Robbins

    Main Address

    2745 N MARTIN LUTHER KING DRIVE, MILWAUKEE, WI, 53212

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of Martin Luther King Economic Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.