Minority Community Investment Coalition

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

EIN: 850600172 ✦ Erie, PA ✦ Designated as a 501(c)(3)

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Overview

What is Minority Community Investment Coalition?

The Minority Community Investment Coalition is a nonprofit organization situated in Erie, Pennsylvania, specifically at 1720 Holland Street. Their primary mission is to support exempt organizations in their fundraising and fund management endeavors. They accomplish this by making grants, gifts, and other distributions to the organizations they support. In addition, they engage in various activities that can benefit or further the purposes of these organizations. By doing so, the Minority Community Investment Coalition aims to contribute positively to the causes and objectives of the exempt organizations they collaborate with.

Is Minority Community Investment Coalition legitimate?

Minority Community Investment Coalition is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minority Community Investment Coalition 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

What is the mission statement of Minority Community Investment Coalition?

The Minority Community Investment Coalition's mission is centered around supporting exempt organizations in their fundraising and fund management efforts. They accomplish this by making grants, gifts, and other distributions to the organizations they support. The Coalition also engages in various activities that aim to benefit or further the purposes of these supported organizations. Their primary objective is to contribute to the success and growth of these exempt organizations, thereby serving their respective communities and furthering their intended goals.

What is the revenue of Minority Community Investment Coalition?

Minority Community Investment Coalition's revenue in 2023 was $386,190.

Who are the executives of Minority Community Investment Coalition and what are their salaries?

Here are 6 key members and their salaries:


James Sherrod (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Horton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shantel Hilliard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marus Atkinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walaa Ahmad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Minority Community Investment Coalition?

Minority Community Investment Coalition's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Minority Community Investment Coalition

The Minority Community Investment Coalition is committed to supporting exempt organizations by aiding in their fundraising efforts and managing their funds. This coalition accomplishes this by making grants, gifts, and distributing other forms of financial assistance to the supported organizations. Furthermore, the Minority Community Investment Coalition engages in various activities that contribute to the advancement and betterment of these organizations' purposes. By doing so, the coalition plays a significant role in strengthening and empowering the exempt organizations it supports.

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Impact




October, 2024

The Minority Community Investment Coalition significantly impacts local organizations by enhancing their fundraising capabilities and efficient fund management. By providing grants, gifts, and other financial distributions, it empowers exempt organizations to pursue their missions more effectively. This support fosters community improvement and development initiatives, addressing the unique needs of minority communities in Erie, PA. Through strategic engagement, the Coalition amplifies the efforts of various organizations, enabling them to create sustainable change and uplift underrepresented populations. The Coalition’s role as a facilitator and supporter strengthens the overall capacity of these groups, fostering collaboration and promoting long-term community growth.




This information is meant to be a general summary of Minority Community Investment Coalition. 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
$386,190 (2023)
Expenses
$422,841 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $386,190

Assets and Liabilities:

  • Total Assets: $399,150
  • Total Liabilities: $153,697
  • Net Assets: $245,453

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Organization Details

Founding Year

2020

Principal Officer

James Sherrod

NTEE Category

Code: S01 - Community improvement

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