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Martin Luther King Economic Dev

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

EIN: 592042422 ✦ Miami, FL ✦ Designated as a 501(c)(3)

Overview

What is Martin Luther King Economic Dev?

Martin Luther King Economic Development (MLKED) is a nonprofit organization situated in Miami, Florida, specifically at 6116 NW 7th Avenue, 33127. The primary mission of MLKED is to advocate for the revitalization and preservation of commercial areas within their designated target area. This advocacy work extends to residential areas as well, aiming to improve the overall vitality of the community. In addition to advocacy, MLKED operates the MLKEDC Business Center. This center provides various services, including maintenance, repairs, and counseling, to further support the revitalization efforts within the target area. The organization is led by a team of two dedicated individuals.


Is Martin Luther King Economic Dev legitimate?

Martin Luther King Economic Dev is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martin Luther King Economic Dev 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $82,000

For more financial information, click here


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

Mission Statement of Martin Luther King Economic Dev

Martin Luther King Economic Development, as an advocacy organization, works tirelessly to revitalize both commercial and residential areas within its target region. Beyond this advocacy role, the organization operates the Martin Luther King Economic Development Business Center, which encompasses various services such as maintenance, repairs, and counseling. In essence, Martin Luther King Economic Development is committed to advocating for the revitalization and preservation of commercial areas within its specified area, while also providing essential support through its business center.

Impact

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




Saturday, July 20, 2024

Martin Luther King Economic Dev's impact can be seen in its advocacy for the revitalization of commercial and residential areas within its target area. By operating the MLKEDC Business Center, which offers maintenance, repairs, and counseling services, the organization actively works towards the preservation and enhancement of commercial spaces in Miami, FL. Through its efforts, Martin Luther King Economic Dev contributes to the improvement and development of the community and fosters economic growth within its target area.





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 2023.

  • Investment Income: $0
  • Program Service Revenue: $402,045
  • Gross Receipts: $1,908,899

    • Assets and Liabilities:
  • Total Assets: $1,811,267
  • Total Liabilities: $156,257
  • Net Assets: $1,655,010
  • Programs

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

    COMMERICAL BUILDING

    Revenue

    $402,045

    Organization Details

    Principal Officer

    Billy Hardeman

    Main Address

    6116 NW 7TH AVENUE, MIAMI, FL, 33127

    NTEE Category

    Code: S30Z - Community improvement

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