Mdc Inc

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

EIN: 560894222 ✦ Durham, NC ✦ Designated as a 501(c)(3)

Overview

What is Mdc Inc?

Mdc Inc, based in Durham, North Carolina, is a nonprofit organization committed to improving educational systems and promoting equitable outcomes. With a team of over 40 employees, Mdc Inc supports communities by identifying and addressing barriers to educational success. Their initiatives include the Great Expectations Early Childhood Initiative, a $40 million investment in Forsyth County designed to ensure children enter kindergarten ready to learn. Additionally, they are part of the Learning for Equity: A Network for Solutions, a collaborative effort to explore the intersection of race, educational equity, and learning differences. Mdc Inc's mission is rooted in advancing equity, particularly racial and gender equity, and economic mobility in the Southern region, with a long-standing history and deep knowledge of effective strategies.


Official website here: www.mdcinc.org

Is Mdc Inc legitimate?

Mdc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mdc Inc 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: $325,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,024,832

For more financial information, click here


Official website here: www.mdcinc.org

What is the mission statement of Mdc Inc?

MDC Inc is dedicated to advancing equity, particularly racial and gender equity, and economic mobility. With a deep commitment to the region and over 50 years of experience, MDC equips leaders, institutions, and communities with essential tools and strategies. Their mission is rooted in bringing equity and opportunity to the people they serve. They design, test, and scale effective strategies to create lasting impact.


Official website here: www.mdcinc.org

Who is the CEO of Mdc Inc?

John Ls Simpkins is the Chair of Mdc Inc.


Official website here: www.mdcinc.org

What is the revenue of Mdc Inc?

Mdc Inc's revenue in 2022 was $15,380,803.


Official website here: www.mdcinc.org

Who are the executives of Mdc Inc and what are their salaries?

The average compensation at Mdc Inc during 2022 was $57,313. There are 41 employees at Mdc Inc.

Here are 15 key members and their salaries:

    John Ls Simpkins (President) [Trustee/Director]
  • Compensation: $246,094
  • Related: $0
  • Other: $73,829

    • Ralph Gildehaus (Senior Program Director)
  • Compensation: $159,544
  • Related: $0
  • Other: $47,863

    • Julie Mooney (Senior Program Director)
  • Compensation: $143,968
  • Related: $0
  • Other: $43,191

    • Mala Thakur (Senior Program Director)
  • Compensation: $142,927
  • Related: $0
  • Other: $42,878

    • Darrin Goss (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Spriggs (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Gooden (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kweku Forstall (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Carpenter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amir Farokhi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Purcell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marie Washington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alexandra Zagbayou (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Motamen (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mdcinc.org

    Where can I find the form 990 for Mdc Inc?

    The Mdc Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mdcinc.org

    Learn more at the official website: www.mdcinc.org

    Mission Statement of Mdc Inc

    MDC Inc, a pioneering nonprofit organization, is committed to equipping leaders, institutions, and communities in the South with the essential tools and strategies to advance racial and gender equity and economic mobility. With deep-rooted knowledge and over five decades of experience, MDC designs, tests, and scales effective strategies to bring equity and opportunity to the people of the region.

    At the core of MDC's mission lies an unwavering dedication to the South. The organization's team of experts works tirelessly to address systemic issues and create lasting change in various sectors, including education, economic development, and community revitalization. By empowering local leaders and institutions, MDC fosters sustainable progress and helps strengthen the fabric of Southern communities.

    Moreover, MDC's commitment to racial and gender equity is a guiding principle in all its endeavors. The organization recognizes that equity is a fundamental right and a key driver of economic mobility. By addressing the root causes of inequality and promoting inclusive practices, MDC strives to create an equitable playing field for all, ensuring that everyone has the opportunity to thrive and contribute to their communities.

    MDC's impact reaches far and wide, as it collaborates with a diverse range of partners and stakeholders. From grassroots organizations to government agencies and academic institutions, MDC's expansive network enables it to tackle complex challenges and drive meaningful progress towards a more equitable and prosperous future for the people of the South.

    Impact

    This information is meant to be a general summary of Mdc Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    MDC Inc's impact lies in equipping southern leaders, institutions, and communities with the tools and strategies necessary to advance equity, particularly in terms of racial and gender equity, and economic mobility. With a mission focused on improving educational systems and increasing equitable outcomes, MDC works with organizations, leaders, and communities to identify and overcome barriers to educational success.

    Specific initiatives like the Great Expectations early childhood initiative, partnerships with programs like LENS-NC and My Future NC, and reports like Transferring Success all contribute to MDC's overarching goal of bringing equity and opportunity to the people of the South. Through over 50 years of experience and deep knowledge, MDC is actively working to create positive change and improve communities in the region.





    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: $50,791
  • Program Service Revenue: $2,277,336
  • Gross Receipts: $15,758,343

    • Assets and Liabilities:
  • Total Assets: $15,379,560
  • Total Liabilities: $1,959,895
  • Net Assets: $13,419,665
  • Programs

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

    ADVISORY SERVICES

    Revenue

    $2,277,336

    Organization Details

    Founding Year

    1967

    Principal Officer

    John Ls Simpkins

    Main Address

    307 WEST MAIN STREET, DURHAM, NC, 277013215

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Mdc Inc 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.