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Mercy Economic Development International Corporati

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

EIN: 341964520 ✦ Cocoa, FL ✦ Designated as a 501(c)(3)

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Overview

What is Mercy Economic Development International Corporati?

Mercy Economic Development International Corporation is a nonprofit organization that prioritizes microbusiness and economic development. Their mission is to offer small business loans and grants to disadvantaged individuals residing in underprivileged nations or regions, helping them achieve self-sustainability. Operating as an enterprise development ministry, they aim to empower these individuals through entrepreneurial opportunities.


Official website here: www.medicinternational.org

Is Mercy Economic Development International Corporati legitimate?

Mercy Economic Development International Corporati is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Economic Development International Corporati submitted a form 990EZ, 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.


Official website here: www.medicinternational.org

What is the mission statement of Mercy Economic Development International Corporati?

Mercy Economic Development International Corporation's mission is centered around microbusiness and economic development. The organization aims to provide small business loans and grants to disadvantaged individuals residing in impoverished nations or areas. This is done with the intent of helping them achieve self-sustaining opportunities. Operating as an enterprise development ministry, Mercy Economic Development International Corporation strives to contribute positively to the economic well-being of less fortunate communities worldwide.


Official website here: www.medicinternational.org

Who is the CEO of Mercy Economic Development International Corporati?

Larry Lallo is the President of Mercy Economic Development International Corporati.


Official website here: www.medicinternational.org

What is the revenue of Mercy Economic Development International Corporati?

Mercy Economic Development International Corporati's revenue in 2022 was $92,766.


Official website here: www.medicinternational.org

Who are the executives of Mercy Economic Development International Corporati and what are their salaries?


Here are 3 key members and their salaries:


Larry Lallo (President)
  • Compensation: $1,800
  • Related: $0
  • Other: $0
David Daniels (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Nallathamby (Secretarytreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.medicinternational.org

Where can I find the form 990EZ for Mercy Economic Development International Corporati?

Mercy Economic Development International Corporati's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.medicinternational.org

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

Mission Statement of Mercy Economic Development International Corporati

Mercy Economic Development International Corporation, as an enterprise development ministry, is committed to fostering microbusiness and economic development. Their mission is to extend small business loans and grants to individuals residing in impoverished nations or areas, enabling them to access self-sustaining opportunities. By providing this financial assistance, the organization aims to empower disadvantaged individuals, thereby contributing to their overall socio-economic improvement.

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Impact




October, 2024

Mercy Economic Development International Corporation significantly impacts impoverished communities by facilitating microbusiness development and economic empowerment. By providing small business loans and grants, the organization empowers disadvantaged individuals in impoverished nations and areas, enabling them to establish self-sustaining livelihoods. This support fosters entrepreneurship, creates job opportunities, and enhances the overall economic health of communities. Operating as an enterprise development ministry, Mercy Economic Development focuses on transforming socioeconomic conditions, ultimately contributing to improved housing and quality of life for those they serve. Their targeted assistance helps break the cycle of poverty, leading to lasting change and resilience in vulnerable populations.




This information is meant to be a general summary of Mercy Economic Development International Corporati. 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
$92,766 (2022)
Expenses
$71,197 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $92,766

Assets and Liabilities:

  • Total Assets: $74,423
  • Total Liabilities: $0
  • Net Assets: $74,423

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Organization Details

Principal Officer

Larry Lallo

Main Address

5641 CINNAMON FERN BLVD, COCOA, FL, 32927

NTEE Category

Code: L40 - Housing

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