Public Benefit : Community and Housing Development
MEDA
Helping entrepreneurs of color succeed
Rating
| Overall Rating |  |
||
| (56.08) | |||
| Organizational Efficiency | |||
| Program Expenses | 77.5% | ||
| Administrative Expenses | 14.7% | ||
| Fundraising Expenses | 7.7% | ||
| Fundraising Efficiency | $0.11 | ||
| Efficiency Rating |  |
||
| (35.25) | |||
| Organizational Capacity | |||
| Primary Revenue Growth | -2.8% | ||
| Program Expenses Growth | 10.1% | ||
| Working Capital Ratio (years) | 1.14 | ||
| Capacity Rating | |
||
| (20.83) |
Income Statement (FYE 12/2008)
Contact Information
MEDA
250 Second Avenue, S
Suite 106
Minneapolis, MN 55401
tel: (612) 332-6332
fax: (612) 317-1002
EIN: 41-0977257
Leadership (FYE 12/2008)
| Name | Title | Compensation | % of Expenses | |
|---|---|---|---|---|
| Yvonne Cheung Ho | President, Chief Executive Officer (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) | $100,869 | 3.98% |
Donor Privacy Policy
NO, this charity does not have a written donor privacy policy.
Mission
MEDA (Metropolitan Economic Development Association) was created in 1971 by a group of Twin Cities business leaders to address the issues of rapidly rising poverty, crime and unemployment in a new and improved way. MEDA provides assistance to businesses owned and managed by ethnic minorities. Unique among economic development organizations, MEDA's services are directed toward new and existing businesses whose owners are committed to making an impact through: job creation; their firms' growth and profitability; and community involvement.
Charities Performing Similar Types of Work
| Charity Name | Overall Score | Overall Rating |
|---|---|---|
| MEDA - MN | 56.08 | |
| Local Initiatives Support Corporation - NY | 62.70 |  |
| Chicago Cares - IL | 63.41 | |
| American Architectural Foundation - DC | 65.26 | |
| Southern Minnesota Initiative Foundation - MN | 68.16 | |
| Charity Name | Overall Score | Overall Rating |
|---|---|---|
| MEDA - MN | 56.08 | |
| CompassPoint Nonprofit Services - CA | 43.18 |  |
| Iowa Citizens for Community Improvement - IA | 66.71 | |
| KaBOOM! - DC | 63.63 | |
| Local Initiatives Support Corporation - NY | 62.70 | |
| Chicago Cares - IL | 63.41 | |
