DEMOGRAPHIC
ADDRESS
1256 PENN AVE N STE 4800
55411
COUNTY
hennepin county, MN
ORGANIZATIONAL OVERVIEW & RANKINGS
METROPOLITAN ECONOMIC DEVELOPMENT ASSOCIATION is a based in MINNEAPOLIS, MN . Established in November 1971, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $42,978,022.00, this ranks 20,424 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 464 out of 53,624 organizations in MN (Top 1%).
In hennepin county, MN, the organization ranks 191 out of 13,125 nonprofits by assets (Top 2%), while locally in minneapolis, it stands at 115 among 6,505 organizations (Top 2%).
The organization reported annual revenue of $9,291,098.00, ranking 31,742 nationally (Top 2%) and 791 in MN (Top 2%).
Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, METROPOLITAN ECONOMIC DEVELOPMENT ASSOCIATION ranks 5,753 in assets (Top 1%) and 8,178 in revenue (Top 2%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
200
NTEE COMMON CODE
N/A
NTEE CODE
N/A
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
7: $5,000,000 to $9,999,999
INCOME AMOUNT
$9,598,712.00
FORM 990 REVENUE AMOUNT
$9,291,098.00
RULING DATE
11/1971
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$42,978,022.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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