PALM SPRINGS, CA
Emerging Markets Development Corporation
Quick Facts
- EIN
- 27-0574694
- Location
- PALM SPRINGS, CA
- Category
- Community Development
- NTEE Code
- S02
- Total Assets
- $867K
- Annual Income
- $731K
- Annual Revenue
- $731K
- IRS Ruling Year
- 2009
- Tax Subsection
- 501(c)(03)
About This Organization
Emerging Markets Development Corporation is a nonprofit organization based in PALM SPRINGS, CA. It received its IRS tax-exempt ruling in 2009. The organization is classified under IRC Section 501(c)(03). It operates in the area of community development. Total assets are reported at $867K. Annual income is $731K. The organization has received $2.1M in foundation grants from 3 funders.
Grants Received from Foundations
Foundation grants awarded to Emerging Markets Development Corporation, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Kresge Foundation | $646K | 2024 | PROJECT SUPPORT TO AID THE ESTABLISHMENT OF NEIGHBORHOOD REAL ESTATE INVESTMENT TRUSTS. |
| Joseph Drown Foundation | $200K | 2024 | NEIGHBORHOOD INVESTMENT STRUCTURES |
| Kresge Foundation | $85K | 2024 | PROJECT SUPPORT TO AID TECHNICAL ASSISTANCE TO NEIGHBORHOOD REITS. |
| James Irvine Foundation | $500K | 2023 | For the formation of Neighborhood Real Estate Investment Trusts |
| Kresge Foundation | $465K | 2023 | TO PROVIDE TECHNICAL ASSISTANCE TO NEIGHBORHOOD REITS IN THREE COMMUNITIES THAT LIE IN THE PATH OF GENTRIFICATION IN FRESNO, DETROIT, AND CHICAGO. |
| Joseph Drown Foundation | $100K | 2022 | NEIGHBORHOOD INVESTMENT STRUCTURES |
| Joseph Drown Foundation | $100K | 2021 | NEIGHBORHOOD REIT STRUCTURE DEVELOPMENT |
Frequently Asked Questions
What does Emerging Markets Development Corporation do?
Emerging Markets Development Corporation is a nonprofit organization focused on community development, based in PALM SPRINGS, CA. It is classified under IRC Section 501(c)(03).
Who funds Emerging Markets Development Corporation?
Emerging Markets Development Corporation has received foundation grants from Kresge Foundation, Joseph Drown Foundation, James Irvine Foundation, and others.
What is Emerging Markets Development Corporation's annual revenue?
Emerging Markets Development Corporation reports total assets of $867K. Annual income is $731K.
Where is Emerging Markets Development Corporation located?
Emerging Markets Development Corporation is located in PALM SPRINGS, CA.
Is Emerging Markets Development Corporation a 501(c)(3)?
Yes, Emerging Markets Development Corporation is a 501(c)(3) tax-exempt organization. Its EIN is 27-0574694. Donations to this organization may be tax-deductible.
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