NonprofitsMennonite Economic Development Associates

International Affairs

Mennonite Economic Development Associates

LANCASTER, PA

Total revenue

$9.4M

Total expenses

$9.4M

Net assets

$14.2M

Grants received

$7.6M

50 grants

EIN

237398678

Tax year

2023

Mission

MEDA creates business solutions to poverty.

Programs

2 programs

MEDA develops and invests in vehicles that assist low-income persons in developing countries through the provision of credit and equity financing that creates businesses and income generation to assist the poor.

Expenses: $1.0M

MEDA programs facilitates the connection of faith and work through discussions, publications and conventions for participants.

Expenses: $610KGrants: $50K

Financials

FY 2023

Revenue

Contributions & grants$9.0M
Program service revenue$339K
Investment income$17K
Other revenue$26K
Total revenue$9.4M

Expenses

Grants paid$699K
Salaries & benefits$1.2M
Fundraising$977K
Other expenses$7.5M
Total expenses$9.4M
Total assets$19.1M
Net assets$14.2M

People

11 listed

NameRoleCompensation

James Miller

Board Director , Vice-Chair

Board

0

Crystal Weaver

Board Director, Chair

Board

0

Andreas Quiring

Board Director, Treasurer

Board

0

Bethany Fosdyck

Board Director, Secretary

Board

0

Verda Beachey

Director

Board

0

Claude Clodomir

Chief of Party, Haiti, MEDA

Staff

$303K

37.5 hrs/wk

Jessica Villanueva

Sr. Director, Technical Areas of Practice, MEDA

Staff

$144K

37.5 hrs/wk

Mike Miller

Sr. Vice President, Marketing & Development, MEDA

Staff

$142K

37.5 hrs/wk

Lindsay Wallace

Sr. Vice President, Strategy & Impact

Staff

0

Pierre Kadet

Regional Director, West & Central Africa

Staff

0

Dorothy Nyambi

President/CEO, MEDA

Staff

0

Independent contractors

Sarona Asset Management Inc

investment management

$323K

Grants received

Showing 50 of 50

FromAmountPurposeYear
$381K
AGRICULTURAL DEVELOPMENT
2023
$91K
For grant recipient's exempt purposes
2023
$26K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$19K
INTERNATIONAL, FOREIGN AFFAIRS
2023
$11K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
$8K
OPERATIONAL SUPPORT
2023
$450K
AGRICULTURAL DEVELOPMENT
2022
$38K
For grant recipient's exempt purposes
2022
$27K
INTERNATIONAL, FOREIGN AFFAIRS
2022
$16K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$15K
GENERAL SUPPORT
2022
$11K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2022
$10K
OPERATIONAL SUPPORT
2022
$8K
CHARITABLE DONATION
2022
$7K
DESIGNATED FOR GENERAL OPERATING SUPPORT
2022
$65K
INTERNATIONAL, FOREIGN AFFAIRS
2021
$26K
For recipient's exempt purpose
2021
$19K
For grant recipient's exempt purposes
2021
$19K
For grant recipient's exempt purposes
2021
$11K
DONATION TO MINISTRY
2021
$8K
INTERNATIONAL
2021
$6K
CHARITABLE DONATION
2021
$5K
OPERATIONAL SUPPORT
2021
$2.0M
AGRICULTURAL DEVELOPMENT
2020
$1.3M
AGRICULTURAL DEVELOPMENT
2020
$349K
PROGRAM SERVICES
2020
$116K
For grant recipient's exempt purposes
2020
$25K
INTERNATIONAL, FOREIGN AFFAIRS
2020
$10K
GENERAL SUPPORT
2020
$9K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$8K
CHARITABLE DONATION
2020
$8K
INTERNATIONAL
2020
$7K
DESIGNATED GRANTS FOR GENERAL OPERATING SUPPORT.
2020
$5K
OPERATIONAL SUPPORT
2020
$500
MATCHING GIFT TO CIVIC AGENCY
2020
$87K
INTERNATIONAL, FOREIGN AFFAIRS
2019
$67K
For grant recipient's exempt purposes
2019
$15K
SOCIO-ECONOMIC DEVELOPMENT
2019
$10K
GENERAL OPERATING SUPPORT
2019
$8K
INTERNATIONAL
2019
$85K
INTERNATIONAL, FOREIGN AFFAIRS
2018
$43K
For grant recipient's exempt purposes
2018
$1.1M
SOCIO-ECONOMIC DEVELOPMENT
2017
$81K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$65K
SOCIAL SERVICES/SOCIAL BENEFITS
2017
$12K
DONATION TO MINISTRY
2017

Funded by

$7.6M from 17 funders · 50 grants · 2017–2023

Gates Foundation

$4.1M · 4 grants · 2020–2023

Family Health International Inc

$2.0M · 3 grants · 2017–2019

Fidelity Investments Charitable Gift Fund

$474K · 8 grants · 2017–2023

Donor Advised Charitable Giving Inc

$373K · 7 grants · 2017–2023

Improving Economies For Stronger

$349K · 1 grant · 2020

Vanguard Charitable Endowment Program

$75K · 4 grants · 2020–2023

Natl Christian Charitable Fdn Inc

$60K · 2 grants · 2022

Robert C Wenger Charitable Trust

$28K · 4 grants · 2020–2023

Details

EIN237398678
NTEE codeQ320
Subsection03
Ruling date1981-12
Formed1973
Employees13
Volunteers0
MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES — Mission, Financials & Grants Received | Grantivo