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Immigrant Development Center

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

EIN: 203368647 ✦ Moorhead, MN ✦ Designated as a 501(c)(3)

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Overview

What is Immigrant Development Center?

The Immigrant Development Center, located in Moorhead, Minnesota, and serving the Fargo, North Dakota community, is a nonprofit organization dedicated to fostering strong, inclusive communities. They accomplish this by supporting new immigrant businesses, primarily through grants to International Market Plaza. This initiative empowers immigrant entrepreneurs, promoting unity and equality within the local community. The center's primary mission is to enhance business and economic skills among the immigrant population, ultimately leading to economic self-sufficiency. By doing so, the Immigrant Development Center aims to foster self-reliant and integrated members within their community.


Official website here: www.idcfm.org

Is Immigrant Development Center legitimate?

Immigrant Development Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Immigrant Development Center 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $50,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $94,297

For more financial information, click here


Official website here: www.idcfm.org

What is the mission statement of Immigrant Development Center?

The Immigrant Development Center's mission is centered around empowering the immigrant population. It aims to build their business and economic skills, ultimately leading to economic self-sufficiency. This objective is achieved primarily through offering grants to the International Market Plaza, which supports immigrant-owned businesses. The center also works towards fostering unity and power among a diverse group of entrepreneurs in the community. By doing so, the Immigrant Development Center strives to enable its contributors and members to become self-sufficient and equal members of their respective communities.


Official website here: www.idcfm.org

Who is the CEO of Immigrant Development Center?

Fowzia Adde is the President of Immigrant Development Center.


Official website here: www.idcfm.org

What is the revenue of Immigrant Development Center?

Immigrant Development Center's revenue in 2022 was $415,607.


Official website here: www.idcfm.org

Who are the executives of Immigrant Development Center and what are their salaries?


Here are 9 key members and their salaries:


Laura Askie (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Naleye Ismail (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roselinda (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sadik Ilmi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Galuak (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Kotek (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosaline Swarray (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fatuma Sharif (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fowzia Cadani (Executive Director)
  • Compensation: $73,533
  • Related: $0
  • Other: $0


Official website here: www.idcfm.org

Where can I find the form 990 for Immigrant Development Center?

Immigrant Development Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.idcfm.org

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

Mission Statement of Immigrant Development Center

The Immigrant Development Center, or IDC, is committed to building capacity within the immigrant population in terms of business and economic skills. The ultimate goal is to foster economic self-sufficiency among new immigrants, thereby creating new job opportunities within the communities of Moorhead, MN and Fargo, ND. IDC achieves this primarily by providing grants to International Market Plaza, which supports immigrant-owned businesses. Additionally, IDC is working towards uniting and empowering a diverse group of entrepreneurs in the Fargo-Moorhead community. The organization's ultimate aim is to enable its contributors and members to become self-sufficient and equal members of their respective communities.

In essence, the Immigrant Development Center serves as a catalyst for economic growth and integration within the immigrant population. By providing grants and support to immigrant-owned businesses, IDC is helping to create a more diverse and vibrant business landscape. Furthermore, by fostering a sense of unity and empowerment among entrepreneurs, IDC is contributing to the overall economic self-sufficiency of the immigrant community. Ultimately, IDC's mission is to help new immigrants become integral and equal participants in their new communities.

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Impact




October, 2024

The Immigrant Development Center (IDC) significantly impacts the immigrant population in Moorhead, MN, and Fargo, ND by fostering economic self-sufficiency and community improvement. By building the business and economic skills of immigrants, IDC creates new opportunities for these individuals to thrive.

Through targeted grants to initiatives like the International Market Plaza, IDC supports immigrant-owned businesses, which not only enhances their economic prospects but also contributes to job creation within the community. This effort fosters a sense of unity and empowerment among a diverse group of entrepreneurs. As a result, IDC is instrumental in helping immigrants integrate into the local economy as self-sufficient and equal members of the community, driving the overall growth and vitality of the area.




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


Financials

This financial information is from Propublica.

Revenue
$415,607 (2022)
Expenses
$452,897 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $167
  • Program Service Revenue: $25,730
  • Gross Receipts: $415,607

Assets and Liabilities:

  • Total Assets: $1,043,002
  • Total Liabilities: $402,490
  • Net Assets: $640,512

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Programs

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

PROGRAM SERVICE RENT

Revenue

$25,730

Organization Details

Founding Year

2005

Principal Officer

Fowzia Adde

Main Address

810 4TH AVE S 100, MOORHEAD, MN, 56560

NTEE Category

Code: S30 - Community improvement

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