Multicultural Development Center Of Iowa

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

EIN: 843464327 ✦ Iowa city, IA ✦ Designated as a 501(c)(3)

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Overview

What is Multicultural Development Center Of Iowa?

The Multicultural Development Center of Iowa is a nonprofit organization committed to fostering economic growth for Black, Indigenous, and People of Color (BIPOC) entrepreneurs. They offer a comprehensive 16-week training program and provide essential technical assistance. By connecting these business owners with local and state resources, the center aims to empower and support their ventures, ultimately contributing to a more diverse and inclusive economic landscape.


Official website here: www.https: www.mdciowa.org

Is Multicultural Development Center Of Iowa legitimate?

Multicultural Development Center Of Iowa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Multicultural Development Center Of Iowa 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.https: www.mdciowa.org

What is the mission statement of Multicultural Development Center Of Iowa?

The Multicultural Development Center of Iowa operates an incubator for a business accelerator, specifically targeting minority-owned businesses. This program offers a 16-week training period and technical assistance to empower these entrepreneurs. The center also facilitates connections with local and state resources, aiming to foster economic growth for Black, Indigenous, and People of Color (BIPOC) communities.


Official website here: www.https: www.mdciowa.org

Who is the CEO of Multicultural Development Center Of Iowa?

Tracy Jon Sargeant is the Executive Director of Multicultural Development Center Of Iowa.


Official website here: www.https: www.mdciowa.org

What is the revenue of Multicultural Development Center Of Iowa?

Multicultural Development Center Of Iowa's revenue in 2022 was $175,580.


Official website here: www.https: www.mdciowa.org

Who are the executives of Multicultural Development Center Of Iowa and what are their salaries?


Here are 8 key members and their salaries:


Tracy Jon Sargeant (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Butler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Crowley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rocco Cuffari (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrell Cole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Breckin Sargeant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emma Henry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamal Mabra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.https: www.mdciowa.org

Where can I find the form 990EZ for Multicultural Development Center Of Iowa?

Multicultural Development Center Of Iowa's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.https: www.mdciowa.org

Learn more at the official website: www.https: www.mdciowa.org

Mission Statement of Multicultural Development Center Of Iowa

The Multicultural Development Center of Iowa is dedicated to fostering economic growth for Black, Indigenous, and People of Color (BIPOC) entrepreneurs. They achieve this by offering a comprehensive 16-week business accelerator program, providing essential technical assistance and training. The center also acts as a bridge, connecting these entrepreneurs with valuable local and state resources. By offering this support, the Multicultural Development Center of Iowa aims to empower and propel the growth of minority-owned businesses, thereby contributing to a more diverse and inclusive economic landscape.

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Impact




October, 2024

The Multicultural Development Center of Iowa has a significant impact on economic growth and community empowerment for minority-owned businesses in the region. By providing a 16-week training program, the center equips BIPOC entrepreneurs with essential skills and knowledge necessary to navigate the business landscape. This program not only offers technical assistance but also fosters connections with local and state resources that are crucial for fostering sustainable economic development.

Through its initiatives, the center contributes to the creation and strengthening of minority-owned businesses, enhancing their capacity to thrive in a competitive marketplace. This support helps to promote diversity in entrepreneurship, ultimately leading to a more inclusive economy and community. The Multicultural Development Center of Iowa plays a vital role in uplifting Black, Indigenous, and People of Color (BIPOC) entrepreneurs, enabling them to overcome barriers and access opportunities that can lead to lasting economic change.




This information is meant to be a general summary of Multicultural Development Center Of Iowa. 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
$175,580 (2022)
Expenses
$164,128 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $175,580

Assets and Liabilities:

  • Total Assets: $30,003
  • Total Liabilities: $0
  • Net Assets: $30,003

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Organization Details

Principal Officer

Tracy Jon Sargeant

Main Address

3341 Tulane Ave, IOWA CITY, IA, 52245

NTEE Category

Code: P20 - Human services

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