DETROIT LAKES, MN
Midwest Minnesota Community Development Corporation
Quick Facts
- EIN
- 41-0972298
- Location
- DETROIT LAKES, MN
- Category
- Community Development
- NTEE Code
- S400
- Total Assets
- $105.4M
- Annual Income
- $25.3M
- Annual Revenue
- $25.3M
- IRS Ruling Year
- 1997
- Tax Subsection
- 501(c)(03)
About This Organization
Midwest Minnesota Community Development Corporation is a nonprofit organization based in DETROIT LAKES, MN. It received its IRS tax-exempt ruling in 1997. The organization is classified under IRC Section 501(c)(03). It operates in the area of community development. Total assets are reported at $105.4M. Annual income is $25.3M. The organization has received $1.7M in foundation grants from 2 funders.
Grants Received from Foundations
Foundation grants awarded to Midwest Minnesota Community Development Corporation, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Mcknight Foundation | $100K | 2024 | to advance CDFI support |
| Mcknight Foundation | $480K | 2023 | To support start-up costs for a statewide First-Generation Homebuyers Down Payment Assistance Fund to reduce the racial homeownership gap, for individuals who lack generational wealth and without assistance would not achieve homeownership |
| Mcknight Foundation | $100K | 2023 | To advance CDFI support |
| Otto Bremer Trust | $500K | 2022 | CBFC EMERGENCY FUND |
| Otto Bremer Trust | $500K | 2022 | CBFC EMERGENCY FUND |
Frequently Asked Questions
What does Midwest Minnesota Community Development Corporation do?
Midwest Minnesota Community Development Corporation is a nonprofit organization focused on community development, based in DETROIT LAKES, MN. It is classified under IRC Section 501(c)(03).
Who funds Midwest Minnesota Community Development Corporation?
Midwest Minnesota Community Development Corporation has received foundation grants from Mcknight Foundation, Otto Bremer Trust, and others.
What is Midwest Minnesota Community Development Corporation's annual revenue?
Midwest Minnesota Community Development Corporation reports total assets of $105.4M. Annual income is $25.3M.
Where is Midwest Minnesota Community Development Corporation located?
Midwest Minnesota Community Development Corporation is located in DETROIT LAKES, MN.
Is Midwest Minnesota Community Development Corporation a 501(c)(3)?
Yes, Midwest Minnesota Community Development Corporation is a 501(c)(3) tax-exempt organization. Its EIN is 41-0972298. Donations to this organization may be tax-deductible.
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