DURHAM, NC
National Institute Of Minority Economic Development
Quick Facts
- EIN
- 56-1579041
- Location
- DURHAM, NC
- Total Assets
- $19.1M
- Annual Income
- $6.6M
- Annual Revenue
- $6.5M
- IRS Ruling Year
- 1988
- Tax Subsection
- 501(c)(03)
About This Organization
National Institute Of Minority Economic Development is a nonprofit organization based in DURHAM, NC. It received its IRS tax-exempt ruling in 1988. The organization is classified under IRC Section 501(c)(03). Total assets are reported at $19.1M. Annual income is $6.6M. The organization has received $80K in foundation grants from 2 funders. It has received $7.2M in federal awards from 3 agencies.
Grants Received from Foundations
Foundation grants awarded to National Institute Of Minority Economic Development, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Melville Charitable Trust Inc. | $30K | 2023 | PERC TECHNICAL ASSISTANCE |
| The Duke Energy Foundation | $25K | 2022 | VIBRANT ECONOMIES |
| The Duke Energy Foundation | $25K | 2022 | VIBRANT ECONOMIES |
Federal Awards Received
Federal grants and cooperative agreements from USAspending.gov.
| Agency | Program | Amount | Year |
|---|---|---|---|
| Small Business Administration | 22 awards totaling $5,047,852 | $5M | 2025 |
| Department of Transportation | 4 awards totaling $2,259,347 | $2.3M | 2025 |
| Department of Commerce | 2 awards totaling N/A | N/A | 2025 |
Frequently Asked Questions
What does National Institute Of Minority Economic Development do?
National Institute Of Minority Economic Development is a nonprofit organization based in DURHAM, NC. It is classified under IRC Section 501(c)(03).
Who funds National Institute Of Minority Economic Development?
National Institute Of Minority Economic Development has received foundation grants from Melville Charitable Trust Inc., The Duke Energy Foundation. It has also received federal awards from Small Business Administration, Department of Transportation, Department of Commerce.
What is National Institute Of Minority Economic Development's annual revenue?
National Institute Of Minority Economic Development reports total assets of $19.1M. Annual income is $6.6M.
Where is National Institute Of Minority Economic Development located?
National Institute Of Minority Economic Development is located in DURHAM, NC.
Is National Institute Of Minority Economic Development a 501(c)(3)?
Yes, National Institute Of Minority Economic Development is a 501(c)(3) tax-exempt organization. Its EIN is 56-1579041. Donations to this organization may be tax-deductible.
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