73
Midwest Minnesota Community Development Corporation
Community Development · Detroit Lakes, Minnesota
119 Graystone Plz Ste 100, Detroit Lakes, MN 56501-3034
EIN: 410972298· Founded: Sep 1997· 29 years active· Filing Year: 2023
Annual Revenue
$6.7M
Total Expenses
$5.1M
Total Assets
$81.4M
Program Spending
97%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$1.6M
31.3% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$1.3M
Total Payroll
$2.9M
57% of total expenses
Where the Money Goes
97%
Programs: 97%
Payroll: 57%
Other overhead: 3%
Program Revenue$4.9M (73%)
Total Expenses$5.1M (76%)
Payroll$2.9M (57%)
Overhead (non-program)3%
Trust Score Breakdown
Program Spending Ratio
97% of expenses go to programs
Revenue & Stability
$6.7M annual revenue
Executive Compensation
$1.6M total officer comp (31.3% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$81.4M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.