Civic Intelligence

Metropolitan Economic Development Association

990 • Fiscal year 2023 • EIN 41-0977257

Jan 01, 2023 to Dec 31, 2023 • Filed on May 09, 2024

1256 Penn Avenue North 4800Minneapolis, MN 55411

(612) 332-6332

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.73x

Higher debt load relative to assets than 85% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

91st percentile

3.38x

Higher debt load relative to revenue than 91% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

69th percentile

13%

Higher net margin than 69% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

63rd percentile

$316,090

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

63rd percentile

11%

Faster asset growth than 63% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

86th percentile

41%

Faster revenue growth than 86% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Up

$42,978,022

Up $4,264,883 (+11%) from 2022

Net Assets

Up

$11,580,823

Up $1,216,407 (+12%) from 2022

Liabilities

Up

$31,397,199

Up $3,048,476 (+11%) from 2022

Revenue

Up

$9,291,098

Up $2,724,360 (+41%) from 2022

Expenses

Down

$8,074,691

Down $1,443,893 (-15%) from 2022

Net Income

Up

$1,216,407

Up $4,168,253 (+141%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2010: $3,265,886Liabilities 2010: $912,657Net Assets 2010: $2,353,2292010Assets 2011: $3,972,274Liabilities 2011: $1,411,516Net Assets 2011: $2,560,7582011Assets 2012: $4,651,980Liabilities 2012: $1,685,548Net Assets 2012: $2,966,4322012Assets 2013: $6,451,209Liabilities 2013: $3,393,908Net Assets 2013: $3,057,3012013Assets 2014: $9,559,276Liabilities 2014: $5,709,682Net Assets 2014: $3,849,5942014Assets 2015: $11,367,698Liabilities 2015: $7,218,049Net Assets 2015: $4,149,6492015Assets 2016: $15,382,995Liabilities 2016: $8,088,532Net Assets 2016: $7,294,4632016Assets 2017: $16,386,770Liabilities 2017: $8,939,018Net Assets 2017: $7,447,7522017Assets 2018: $24,620,444Liabilities 2018: $16,145,871Net Assets 2018: $8,474,5732018Assets 2019: $26,982,294Liabilities 2019: $19,350,501Net Assets 2019: $7,631,7932019Assets 2020: $39,495,187Liabilities 2020: $30,309,101Net Assets 2020: $9,186,0862020Assets 2021: $45,113,584Liabilities 2021: $31,797,322Net Assets 2021: $13,316,2622021Assets 2022: $38,713,139Liabilities 2022: $28,348,723Net Assets 2022: $10,364,4162022Assets 2023: $42,978,022Liabilities 2023: $31,397,199Net Assets 2023: $11,580,8232023Assets 2024: $63,533,261Liabilities 2024: $45,169,788Net Assets 2024: $18,363,4732024

Highlighted filing

2023

Assets$42,978,022
Liabilities$31,397,199
Net Assets$11,580,823

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,420,4202010Expenses 2011: $2,150,0302011Expenses 2012: $2,797,2632012Revenue 2013: $3,176,094Expenses 2013: $3,085,225Net Income 2013: $90,8692013Revenue 2014: $4,003,903Expenses 2014: $3,211,610Net Income 2014: $792,2932014Revenue 2015: $3,857,602Expenses 2015: $3,557,547Net Income 2015: $300,0552015Revenue 2016: $7,171,173Expenses 2016: $4,026,359Net Income 2016: $3,144,8142016Revenue 2017: $5,982,625Expenses 2017: $5,829,336Net Income 2017: $153,2892017Revenue 2018: $7,372,838Expenses 2018: $6,346,017Net Income 2018: $1,026,8212018Revenue 2019: $5,856,303Expenses 2019: $6,699,083Net Income 2019: -$842,7802019Revenue 2020: $7,589,215Expenses 2020: $6,034,922Net Income 2020: $1,554,2932020Revenue 2021: $12,064,856Expenses 2021: $7,934,680Net Income 2021: $4,130,1762021Revenue 2022: $6,566,738Expenses 2022: $9,518,584Net Income 2022: -$2,951,8462022Revenue 2023: $9,291,098Expenses 2023: $8,074,691Net Income 2023: $1,216,4072023Revenue 2024: $15,505,868Expenses 2024: $8,723,218Net Income 2024: $6,782,6502024

Highlighted filing

2023

Revenue$9,291,098
Expenses$8,074,691
Net Income$1,216,407
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 9, 2024
Return Version
2023v5.0
Gross Receipts
$9,598,712
Mission and Program Overview

Mission

Helping minority entrepreneurs succeed.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$23,134,162$27,650,561▲ $4,516,399
Savings and Temporary Cash Investments$13,561,578$12,335,294▼ $1,226,284
Pledges and Grants Receivable$382,256$1,714,734▲ $1,332,478
Investments Other Securities$750,000$750,000→ $0
Land, Buildings, and Equipment, Net$275,984$187,699▼ $88,285
Prepaid Expenses and Deferred Charges$273,931$172,045▼ $101,886
Investments in Publicly Traded Securities$116,738--
Accounts Receivable$9,046$26,620▲ $17,574
Total Assets$38,713,139$42,978,022▲ $4,264,883
Other Assets Total$209,444$141,069▼ $68,375
Liabilities
Mortgage Notes Payable Secured by Investment Property$25,977,538$26,497,333▲ $519,795
Deferred Revenue$150,000$2,523,304▲ $2,373,304
Other Liabilities$1,610,768$1,826,850▲ $216,082
Accounts Payable and Accrued Expenses$610,417$549,712▼ $60,705
Total Liabilities$28,348,723$31,397,199▲ $3,048,476
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,869,643$8,278,649▼ $590,994
Net Assets With Donor Restrictions$1,494,773$3,302,174▲ $1,807,401
Total Net Assets Fund Balance$10,364,416$11,580,823▲ $1,216,407
Total Liabilities and Net Assets / Fund Balance$38,713,139$42,978,022▲ $4,264,883

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$150,353$473,094$623,447
Buildings$37,346$136,704$174,050
Investment Program Related Org$27,650,561--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dorothy BridgesPresident & CEOFT$280,533$35,556$316,089
Pamela CannonChief People OfficerFT$155,192$110,761$265,953
Adrian RuddockVP of Lending& Business Consulting ServicesFT$149,540$10,359$159,899
George JacobsonProgram MgrMBDA Business CenterFT$103,455$20,028$123,483
Nelly ChickControllerFT$109,700$6,773$116,473
Robert HarperSenior DirectorConsulting Services (Jan-Nov)FT$110,697-$110,697
Kevin AmbrusVP of Financeand Operations (Jan-Feb)FT$50,900$5,905$56,805

Board Members and Trustees

NameTitle
Hoyt HsaioChair
Craig VeurinkChair (Jan-Jun)
Jeffrey PayneTreasurer / Vice Chair
Al MendozaDirector
Andrea BurnsDirector
Andrea NovakDirector
Darren MoquistDirector
David RudolphDirector
Hayes BukataDirector
Jashan EisonDirector
Joel LebewitzDirector
John JT TaylorDirector
Joseph WallaceDirector
Kevin BesikofDirector
Laura HelmuellerDirector
Matthew LyonsDirector
Natalie McGradyDirector
Sara IdleDirector
Steven SingerDirector
Amelia HardyDirector (Jan-June)
Brad PomerleauDirector (Jan-June)
Gloria Contreras EdinDirector (Jan-June)
Gloria FreemanDirector (Jan-June)
Martha CurreaDirector (Jan-June)
Michael MathewsDirector (Jan-June)
Mimi BekeleDirector (Jan-June)
Vicki StuteDirector (Jan-June)
John RasmussenDirector (Jan-Mar)
Jacob RiderDirector (June-Dec)
Shawn CalabraseDirector (June-Dec)
Stefan MichnoDirector (June-Dec)
Suzanne MurphyDirector (June-Dec)
John StoutSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
The Financial Services Consulting GroupInnovative Capital Solutions CDFI Lendin121 North Washington Avenue, Minneapolis, MN 55401$148,643
Fredrikson & Byron PALegal2200 South 6th Street, Minneapolis, MN 55402$110,132
Revenue and Support

Revenue Composition

Contributions and Grants
$7,558,087
Program Service Revenue
$1,892,072
Investment Income
$5,153
Other Revenue
$-164,214
All Other Contributions
$3,810,166
Change in Net Assets
$1,216,407

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,467,283
Revenue Not Reported on Financial Statements
$-176,185
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-176,185
Total Revenue per Audited Statements
$9,467,283
Total Revenue per Form 990
$9,291,098
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,377,333
Salaries, Compensation, and Employee Benefits$3,330,118
Total Fundraising Expense$925,214
Grants and Similar Amounts Paid$367,240
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$972,490$813,381$166,650$1,952,521
Fees for Services Other$974,353$58,573$184,367$1,217,293
Current Officers, Directors, Trustees, and Key Employees$382,988$304,545$110,631$798,164
Interest$582,126--$582,126
Grants to Domestic Orgs$367,240--$367,240
Other Employee Benefits$258,538$61,220$40,251$360,009
Payroll Taxes$127,574$38,415$19,822$185,811
Information Technology-$991$179,452$180,443
Occupancy$124,845$33,886$19,618$178,349
All Other Expenses$122,679$33,757$21,882$178,318
Fees for Services Legal$66,237$52,493-$118,730
Depreciation Depletion$80,692$21,902$12,680$115,274
Insurance$56,947$15,429$8,932$81,308
Conferences and Meetings$27,497$3,235$46,758$77,490
Office Expenses$19,370$29,963$21,228$70,561
Fees for Services Lobbying--$56,400$56,400
Fees for Services Accounting$54,854--$54,854
Travel$42,737$125$7,603$50,465
Pension Plan Contributions$26,189$3,586$3,838$33,613
Other Expenses$13,970$1,907$6,858$22,735
Total Functional Expenses$5,645,391$1,504,086$925,214$8,074,691

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,250,876
Expenses per Audited Statements$8,074,691
Total Expenses per Form 990$8,074,691
Expenses Not Reported on Form 990$176,185
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Wugs VendingEdina, MN-General Operations$25,000
Eggroll QueenSt Paul, MN-General Operations$15,000
H2overhaul IncBurnsville, MN-General Operations$15,000
Howard's Bar IncStillwater, MN-General Operations$15,000
4 The Love LLCMinneapolis, MN-General Operations$10,000
BKB Luxury TransportationSt Paul, MN-General Operations$10,000
Bom Dia Treats LLCSt Paul, MN-General Operations$10,000
Code White Teeth WhiteningEden Prairie, MN-General Operations$10,000
DG Pilot LLCSt Paul, MN-General Operations$10,000
Faithful Consulting LLCWoodbury, MN-General Operations$10,000
Fit LLCSaint Louis Park, MN-General Operations$10,000
Happypeople LLCMankato, MN-General Operations$10,000
InControl LLCWoodbury, MN-General Operations$10,000
Introspect Mental HealthWyoming, MN-General Operations$10,000
Irie VibesBlaine, MN-General Operations$10,000
JNT Social EnterpriseMaple Grove, MN-General Operations$10,000
Joy CateringRamsey, MN-General Operations$10,000
Keyhubs LLCMinneapolis, MN-General Operations$10,000
Midwest Bakery IncMinneapolis, MN-General Operations$10,000
Neoo DevelopmentSt Paul, MN-General Operations$10,000
Novart MediaMinnetonka, MN-General Operations$10,000
Novart Media GroupMinnetonka, MN-General Operations$10,000
Onyx Coffeehouse LLCMinneapolis, MN-General Operations$10,000
Park Salon LLCBrooklyn Park, MN-General Operations$10,000
Pauls Perfume ParadiseBlaine, MN-General Operations$10,000
Planting People Growing Justice LLCSt Paul, MN-General Operations$10,000
Porksuit Solutions LLCMaple Grove, MN-General Operations$10,000
Shanghai WholesaleSt Paul, MN-General Operations$10,000
Slice Pizza LLCMinneapolis, MN-General Operations$10,000
T Will Sports IncSaint Louis Park, MN-General Operations$10,000
Privilage Cuts and GroomingSt Paul, MN-General Operations$8,500
Boss Lady Shoetique LLCMinneapolis, MN-General Operations$7,740
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$307,614
Fundraising Gross Income$143,400
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$442,738$143,400$64,976$78,424
Total Events$442,738$143,400$307,614$-164,214
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Third Party Loan Participants$1,547,710
Lease Liabilities$279,140
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 1A

The Executive Committee is composed of three or more designated board members. Unless specified by action of the board, the Executive Committee shall have and exercise the authority of the board with respect to the business of the corporation in the intervals between meetings of the board. The Executive Committee shall at all times be subject to the control and direction of the board.

Form 990, Part VI, Section B, line 11B

A draft copy of the Form 990 is provided to the Finance Audit Committee. The Finance Audit Committee reviews the draft Form 990, addressing any comments or concerns, and then makes a recommendation to the Board of Directors for approval. A copy is provided to the board and upon review and approval of the draft Form 990 by the Board of Directors the form is filed.

Form 990, Part VI, Section B, line 12C

Conflict of interest statements are issued every year to all directors and employees. These individuals disclose applicable conflicts and sign as to compliance with the policy. The Meda Governance Committee reviews all statements to review any disclosed potential conflicts of interest. The Governance Committee documents any actions undertaken. The person with the conflict of interest is excluded from the discussion and approval of the activity.

Form 990, Part VI, Section B, line 15

Meda's Personnel Committee performs an annual review on the CEO. This review involves collecting feedback from the management team and the Board of Directors. The Director of Finance and Administration provides the Personnel Committee with a salary range comprised from comparatives of similar nonprofits. The Personnel Committee recommends a compensation adjustment for approval by the board. Meda uses a similar process for other officers and all employees. Each individual undergoes an annual performance review with their supervisor. Supervisors award merit adjustments from a merit pool identified in the approved operational budget.

Form 990, Part VI, Section C, line 19

These documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Metropolitan Economic Development
EIN
41-0977257
Phone
6123326332
Address
1256 Penn Avenue North 4800, Minneapolis, MN 55411

Signing Officer

Name
Dorothy Bridges
Title
President & CEO
Phone
6123326332
Signed
2024-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dorothy Bridges
Formed
1971
Legal Domicile
Mn
Voting Board Members
24
Independent Board Members
23
Employees
43
Volunteers
250

Preparer

Firm
Eide Bailly LLP
Address
800 Nicollet Mall Ste 1300, Minneapolis, MN 55402-7033
Preparer
Deb Nelson CPA
Phone
6122536500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Professional Services: Program service expenses 526,982. Management and general expenses 0. Fundraising expenses 145,765. Total expenses 672,747. Equipment Lease & Maintenance: Program service expenses 447,371. Management and general expenses 58,573. Fundraising expenses 38,602. Total expenses 544,546.

Financial Statement Notes

Part X, Line 2:

Management believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. Meda undergoes an annual analysis of its various tax positions, assessing the likelihood of those positions being upheld upon examination with relevant tax authorities. As of December 31, 2023 and 2022, no amounts were recorded as a result of this analysis. If Meda is subject to interest or penalties on underpaid income taxes, they will be recorded as income tax expense in the period in which they are incurred.

Part XI, Line 4B - Other Adjustments:

Fundraising Event Expenses Reclassed for Tax Purposes -176,185.

Part XII, Line 2D - Other Adjustments:

Special Event Expenses Reclassed for Tax Purposes 176,185.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0Meda's mission is to Help BIPOC Entrepreneurs Succeed. Our theory of communities of color is a primary strategy to build a more just and fair economy. To fulfil our mission, Meda provides integrated, wrap-around services in the areas all entrepreneurs need to be successful to grow and scale their businesses- Management Education, Money, and Market. Meda's services and products are available to Black, Indigenous, People of Color (BIPOC) Entrepreneurs exclusively. Continued on Schedule OIn 2023, Meda focused on helping BIPOC Entrepreneurs with the tools to succeed in this ever-changing Economic Environment. We provided emergency and sophisticated business consulting and volunteering to help BIPOC Entrepreneurs and Businesses.Our CDFI provided Paycheck Protection Program funding, lines of credit and other term debt products to fund hiring, inventory, and equipment. Meda's Minnesota MBDA Business Center and Ascend Twin Cities connected BIPOC contractors to secure contracts that lead to sustainable growth. In all, Meda served 799 BIPOC Entrepreneurs, helping them secure $18.7 million in finance and securing 18 contracts worth $33.1 million. These results led to the creation or maintenance of 1,316 jobs in these businesses.
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
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IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
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IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt270
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt280
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt290
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt300
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt310
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt320
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3317306
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt345905
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3515561
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt369254
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt370
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3820028
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt396773
IRS990/Form990PartVIISectionAGrp/PersonNm0Hoyt Hsaio
IRS990/Form990PartVIISectionAGrp/PersonNm1John Stout
IRS990/Form990PartVIISectionAGrp/PersonNm2Jeffrey Payne
IRS990/Form990PartVIISectionAGrp/PersonNm3Craig Veurink
IRS990/Form990PartVIISectionAGrp/PersonNm4Kevin Besikof
IRS990/Form990PartVIISectionAGrp/PersonNm5Andrea Burns
IRS990/Form990PartVIISectionAGrp/PersonNm6Sara Idle
IRS990/Form990PartVIISectionAGrp/PersonNm7Al Mendoza
IRS990/Form990PartVIISectionAGrp/PersonNm8Andrea Novak
IRS990/Form990PartVIISectionAGrp/PersonNm9Hayes Bukata
IRS990/Form990PartVIISectionAGrp/PersonNm10Darren Moquist
IRS990/Form990PartVIISectionAGrp/PersonNm11Joel Lebewitz
IRS990/Form990PartVIISectionAGrp/PersonNm12Jashan Eison
IRS990/Form990PartVIISectionAGrp/PersonNm13David Rudolph
IRS990/Form990PartVIISectionAGrp/PersonNm14John JT Taylor
IRS990/Form990PartVIISectionAGrp/PersonNm15Joseph Wallace
IRS990/Form990PartVIISectionAGrp/PersonNm16Laura Helmueller
IRS990/Form990PartVIISectionAGrp/PersonNm17Matthew Lyons
IRS990/Form990PartVIISectionAGrp/PersonNm18Natalie McGrady
IRS990/Form990PartVIISectionAGrp/PersonNm19Steven Singer
IRS990/Form990PartVIISectionAGrp/PersonNm20Jacob Rider
IRS990/Form990PartVIISectionAGrp/PersonNm21Shawn Calabrase
IRS990/Form990PartVIISectionAGrp/PersonNm22Stefan Michno
IRS990/Form990PartVIISectionAGrp/PersonNm23Suzanne Murphy
IRS990/Form990PartVIISectionAGrp/PersonNm24Mimi Bekele
IRS990/Form990PartVIISectionAGrp/PersonNm25Gloria Contreras Edin
IRS990/Form990PartVIISectionAGrp/PersonNm26Martha Currea
IRS990/Form990PartVIISectionAGrp/PersonNm27Gloria Freeman
IRS990/Form990PartVIISectionAGrp/PersonNm28Amelia Hardy
IRS990/Form990PartVIISectionAGrp/PersonNm29Michael Mathews
IRS990/Form990PartVIISectionAGrp/PersonNm30Brad Pomerleau
IRS990/Form990PartVIISectionAGrp/PersonNm31John Rasmussen
IRS990/Form990PartVIISectionAGrp/PersonNm32Vicki Stute
IRS990/Form990PartVIISectionAGrp/PersonNm33Dorothy Bridges
IRS990/Form990PartVIISectionAGrp/PersonNm34Kevin AmbrusVP of Finance
IRS990/Form990PartVIISectionAGrp/PersonNm35Pamela Cannon
IRS990/Form990PartVIISectionAGrp/PersonNm36Adrian RuddockVP of Lending
IRS990/Form990PartVIISectionAGrp/PersonNm37Robert HarperSenior Director
IRS990/Form990PartVIISectionAGrp/PersonNm38George JacobsonProgram Mgr
IRS990/Form990PartVIISectionAGrp/PersonNm39Nelly Chick
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt33298784
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt370
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt380
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt390
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer / Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Chair (Jan-Jun)
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director (June-Dec)
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director (June-Dec)
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director (June-Dec)
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director (June-Dec)
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director (Jan-June)
IRS990/Form990PartVIISectionAGrp/TitleTxt25Director (Jan-June)
IRS990/Form990PartVIISectionAGrp/TitleTxt26Director (Jan-June)
IRS990/Form990PartVIISectionAGrp/TitleTxt27Director (Jan-June)
IRS990/Form990PartVIISectionAGrp/TitleTxt28Director (Jan-June)
IRS990/Form990PartVIISectionAGrp/TitleTxt29Director (Jan-June)
IRS990/Form990PartVIISectionAGrp/TitleTxt30Director (Jan-June)
IRS990/Form990PartVIISectionAGrp/TitleTxt31Director (Jan-Mar)
IRS990/Form990PartVIISectionAGrp/TitleTxt32Director (Jan-June)
IRS990/Form990PartVIISectionAGrp/TitleTxt33President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt34and Operations (Jan-Feb)
IRS990/Form990PartVIISectionAGrp/TitleTxt35Chief People Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt36& Business Consulting Services
IRS990/Form990PartVIISectionAGrp/TitleTxt37Consulting Services (Jan-Nov)
IRS990/Form990PartVIISectionAGrp/TitleTxt38MBDA Business Center
IRS990/Form990PartVIISectionAGrp/TitleTxt39Controller
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01971
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.5$45.2$18.4$15.5$8.72$6.78
2023Detailed filing. Detailed filing data is available for this year.$43.0$31.4$11.6$9.29$8.07$1.22
2022Detailed filing. Detailed filing data is available for this year.$38.7$28.3$10.4$6.57$9.52$2.95
2021Detailed filing. Detailed filing data is available for this year.$45.1$31.8$13.3$12.1$7.93$4.13
2020Detailed filing. Detailed filing data is available for this year.$39.5$30.3$9.19$7.59$6.03$1.55
2019Detailed filing. Detailed filing data is available for this year.$27.0$19.4$7.63$5.86$6.70$0.84
2018Detailed filing. Detailed filing data is available for this year.$24.6$16.1$8.47$7.37$6.35$1.03
2017Detailed filing. Detailed filing data is available for this year.$16.4$8.94$7.45$5.98$5.83$0.15
2016Detailed filing. Detailed filing data is available for this year.$15.4$8.09$7.29$7.17$4.03$3.14
2015Detailed filing. Detailed filing data is available for this year.$11.4$7.22$4.15$3.86$3.56$0.30
2014Detailed filing. Detailed filing data is available for this year.$9.56$5.71$3.85$4.00$3.21$0.79
2013Detailed filing. Detailed filing data is available for this year.$6.45$3.39$3.06$3.18$3.09$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.65$1.69$2.97$2.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.97$1.41$2.56$2.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.27$0.91$2.35$2.42