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Mexicantown Community Development Corp

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

EIN: 383010365 ✦ Detroit, MI ✦ Designated as a 501(c)(3)

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Overview

What is Mexicantown Community Development Corp?

Mexicantown Community Development Corp is a dedicated nonprofit organization situated in Detroit, serving as advocates for Mexicantown, often referred to as the gateway to the city. Their primary objective is to preserve, enrich, and promote Mexicantown as a thriving multicultural hub of arts, culture, residential life, and businesses. They strive to uphold the community's vibrancy and diversity, working tirelessly to make it an attractive and inclusive living and working space.


Official website here: www.mexicantowncdc.org

Is Mexicantown Community Development Corp legitimate?

Mexicantown Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mexicantown Community Development Corp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mexicantowncdc.org

What is the mission statement of Mexicantown Community Development Corp?

The Mexicantown Community Development Corp serves as a representative of Mexicantown, fostering a connection to Detroit. Their primary goal is to preserve, enhance, and showcase Mexicantown as a thriving multicultural hub, encompassing arts, culture, residential, and commercial aspects. They strive to promote and celebrate the vibrancy of this diverse community.


Official website here: www.mexicantowncdc.org

Who is the CEO of Mexicantown Community Development Corp?

Dr Fern Espino is the Chairperson of Mexicantown Community Development Corp.


Official website here: www.mexicantowncdc.org

What is the revenue of Mexicantown Community Development Corp?

Mexicantown Community Development Corp's revenue in 2023 was $142,201.


Official website here: www.mexicantowncdc.org

Who are the executives of Mexicantown Community Development Corp and what are their salaries?


Here are 5 key members and their salaries:


Dr Fern Espino (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andres Gutierrez (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raul Soto (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Caszubski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Lozano (Executive Director)
  • Compensation: $48,000
  • Related: $0
  • Other: $0


Official website here: www.mexicantowncdc.org

Where can I find the form 990 for Mexicantown Community Development Corp?

Mexicantown Community Development Corp's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mexicantowncdc.org

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

Mission Statement of Mexicantown Community Development Corp

Mexicantown Community Development Corporation serves as advocates for Mexicantown, a culturally rich and diverse community that serves as a gateway to Detroit. Their mission is centered around preserving, enriching, and promoting Mexicantown as a vibrant multicultural arts and cultural, residential, and business hub. By doing so, they aim to maintain the community's unique identity and attract both residents and businesses. This mission is crucial in ensuring Mexicantown continues to thrive as a dynamic and inclusive neighborhood.

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Impact




October, 2024

Mexicantown Community Development Corporation plays a pivotal role in enhancing the cultural and economic landscape of Mexicantown, a vital area in Detroit. By serving as ambassadors for the community, they focus on preserving and promoting the rich multicultural heritage of the neighborhood, which is integral to its identity as a gateway to the city.

Their efforts to foster a vibrant arts and cultural scene not only enrich the local community but also attract visitors and new residents, stimulating economic growth. Through various initiatives, they enhance residential and business environments, making Mexicantown a more appealing place for families and entrepreneurs alike.

As a result, Mexicantown Community Development Corporation significantly contributes to the community's overall improvement, ensuring that Mexicantown remains a dynamic and thriving hub of diversity and opportunity.




This information is meant to be a general summary of Mexicantown Community Development Corp. 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
$142,201 (2023)
Expenses
$128,854 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $78
  • Program Service Revenue: $88,661
  • Gross Receipts: $142,201

Assets and Liabilities:

  • Total Assets: $5,122,075
  • Total Liabilities: $1,183,154
  • Net Assets: $3,938,921

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Programs

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

MANAGEMENT FEES

Revenue

$88,661

Organization Details

Founding Year

1991

Principal Officer

Dr Fern Espino

Main Address

2835 BAGLEY STREET 895, DETROIT, MI, 48216

NTEE Category

Code: S30 - Community improvement

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