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Metropolitan Consortium Of Community Developers

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

EIN: 411658654 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Metropolitan Consortium Of Community Developers?

The Metropolitan Consortium of Community Developers is a nonprofit organization, led by Elena Gaarder, dedicated to strengthening communities. They accomplish this by strategically utilizing resources to foster both personal and spatial growth. Their primary objective is to collaboratively construct robust, resilient communities, contributing to a more cohesive and prosperous society.


Official website here: www.mccdmn.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 90% - Four-Star out of Four Stars .ating.

Metropolitan Consortium of Community Developers has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance with a score of 83%. The organization demonstrates a solid governance structure with 100% independent board members, high financial transparency, and effective policies in place, such as conflict of interest and whistleblower protections.

The nonprofit excels in its program expense ratio, dedicating 95.71% of its resources directly to programs, which speaks to its commitment to operational efficiency and mission-focused activities. The organization also benefits from a healthy balance sheet, with a liabilities to assets ratio of 60.04%, indicating a manageable level of debt relative to its assets.

Furthermore, it scores exceptionally well in the culture and community aspect, achieving a perfect score of 100%. This highlights its engagement with constituents, effective collection and use of feedback, and strong equity strategies, confirming its dedication to serving the communities it operates in.


This AI summary has been generated from information found on Charity Navigator.

Is Metropolitan Consortium Of Community Developers legitimate?

Metropolitan Consortium Of Community Developers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan Consortium Of Community Developers 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: $325,818
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,133,991

For more financial information, click here


Official website here: www.mccdmn.org

What is the mission statement of Metropolitan Consortium Of Community Developers?

The Metropolitan Consortium Of Community Developers is committed to fostering robust communities by strategically utilizing available resources for the betterment of both individuals and their surroundings. Their mission is to collectively work towards building strong, stable communities, focusing on the development of people and places. They strive to make a significant impact in community growth and development.


Official website here: www.mccdmn.org

Who is the CEO of Metropolitan Consortium Of Community Developers?

Elena Gaarder is the Ceo of Metropolitan Consortium Of Community Developers. The CEO's salary of Metropolitan Consortium Of Community Developers is $162,648 and their total compensation is $187,030.


Official website here: www.mccdmn.org

What is the revenue of Metropolitan Consortium Of Community Developers?

Metropolitan Consortium Of Community Developers's revenue in 2022 was $5,078,313.


Official website here: www.mccdmn.org

Who are the executives of Metropolitan Consortium Of Community Developers and what are their salaries?

The average compensation at Metropolitan Consortium Of Community Developers during 2022 was $54,067. There are 27 employees and 40 volunteers at Metropolitan Consortium Of Community Developers.


Here are 13 key members and their salaries (Metropolitan Consortium Of Community Developers's CEO's salary is $162,648 and their total compensation is $187,030):


Will Delaney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Perla Mayo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Wetzel-Mastel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Asalesol Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mikeya Griffen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Zabel (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nasibu Sareva (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Erchul (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Mclean (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elena Gaarder (Ceo)
  • Compensation: $162,648
  • Related: $0
  • Other: $24,382
Trish Deanda (Cfo)
  • Compensation: $132,179
  • Related: $0
  • Other: $6,609
Tyler Hilsabeck (Dir Of Small Business Development)
  • Compensation: $114,322
  • Related: $0
  • Other: $13,095


Official website here: www.mccdmn.org

Where can I find the form 990 for Metropolitan Consortium Of Community Developers?

Metropolitan Consortium Of Community Developers's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mccdmn.org

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

Mission Statement of Metropolitan Consortium Of Community Developers

Metropolitan Consortium of Community Developers is dedicated to building robust communities by utilizing available resources for the advancement of individuals and environments. This mission-driven organization, led by Elena Gaarder, strives collectively to develop strong, stable communities by harnessing resources effectively for people and places. By leveraging these resources, the Metropolitan Consortium works tirelessly to improve the overall well-being and livability of communities, fostering an environment of growth and opportunity for all.

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Impact




July, 2024

Metropolitan Consortium Of Community Developers works to build strong communities by leveraging resources for the development of people and places. Under the leadership of Elena Gaarder, the organization collaborates to achieve this mission in Minneapolis, MN. The impact of Metropolitan Consortium Of Community Developers can be seen in the tangible improvements made in community infrastructure, resources, and the overall well-being of residents. Through their focus on community improvement, they contribute to creating a more stable and thriving environment for all members of the community.




This information is meant to be a general summary of Metropolitan Consortium Of Community Developers. 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
$5,078,313 (2022)
Expenses
$3,937,490 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,073
  • Program Service Revenue: $1,169,558
  • Gross Receipts: $5,078,313

Assets and Liabilities:

  • Total Assets: $15,001,611
  • Total Liabilities: $9,008,183
  • Net Assets: $5,993,428

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Programs

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

OTHER PROGRAM & SERVIC

Revenue

$865,959

LOAN REVENUE

Revenue

$299,199

MEMBERSHIP DUES

Revenue

$4,400

Organization Details

Founding Year

1989

Principal Officer

Elena Gaarder

Main Address

3137 CHICAGO AVENUE S, MINNEAPOLIS, MN, 55407

NTEE Category

Code: S430 - Community improvement

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