CSCharityScored
46

Metropolitan Economic Development Association

Other · Minneapolis, Minnesota

1256 Penn Ave N Ste 4800, Minneapolis, MN 55411-2636

EIN: 410977257· Founded: Nov 1971· 55 years active· Filing Year: 2023

Annual Revenue

$9.3M

Total Expenses

$8.1M

Total Assets

$43.0M

Program Spending

23%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$798K

9.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$2.0M

Total Payroll

$2.8M

34% of total expenses

Where the Money Goes

23%
Programs: 23%
Payroll: 34%
Other overhead: 77%
Program Revenue$1.9M (20%)
Total Expenses$8.1M (87%)
Payroll$2.8M (34%)
Overhead (non-program)77%

Trust Score Breakdown

Program Spending Ratio

23% of expenses go to programs

40%

Revenue & Stability

$9.3M annual revenue

15%

Executive Compensation

$798K total officer comp (9.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$43.0M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.