NonprofitsMetroplex Economic Development Corp

Community Improvement & Capacity Building

Metroplex Economic Development Corp

DALLAS, TX

Total revenue

$4.8M

Total expenses

$5.4M

Net assets

$1.6M

Grants received

$286K

9 grants

EIN

752768840

Tax year

2024

Mission

To alleviate poverty and its effects on the local community and to provide education. The organization operates as a local economic development corporation, providing funding to local businesses, job training & education, business counseling, community services, and similar activities to relieve poverty in economically depressed areas.

Programs

2 programs

Economic development: business network, conferences, and projects that facilitate business and economic growth, job training and education, and combat community deterioration.

Expenses: $186KGrants: $139K

Good soil: project mission is to increase generational wealth and employment by supporting and nurturing under-resourced entrepreneurs.

Expenses: $4.8MGrants: $640K

Financials

FY 2024

Revenue

Contributions & grants$4.5M
Program service revenue$55K
Investment income$55K
Other revenue$180K
Total revenue$4.8M

Expenses

Grants paid$823K
Salaries & benefits$181K
Fundraising$30K
Other expenses$4.4M
Total expenses$5.4M
Total assets$1.7M
Net assets$1.6M

People

3 listed

NameRoleCompensation

DARWIN BRUCE

SECRETARY

Board

1 hrs/wk

FRANK DYER

PRESIDENT

Board

1 hrs/wk

MARK JONES

VICE PRESIDENT

Board

1 hrs/wk

Independent contractors

TDJ ENTERPRISES LLP

GOOD SOIL PROGRAM SERVICES - ADMINISTRAT

$284K

IRISE PRODUCTIONS LLC

PRODUCTION SERVICES FOR GOOD SOIL CONFER

$283K

Grants received

Showing 9 of 9

FromAmountPurposeYear
$15K
Texas Capital Bank Foundation grant supports the TORI Back2Work Program for low-income men and women returning home from incarceration. The program serves individuals seeking continued education opportunities through collaboration with the Dallas County Community College District DCCCD in certificate programs vocational training and traditional education opportunities to help them become financial stable and working.
2023
$6K
LIVING ASSISTANCE
2020
$100K
Private Campaign-Neighborhood Services
2018
$36K
Community Services Block Grant
2017
$5K
Community Outreach
2017

Funded by

$286K from 7 funders · 9 grants · 2017–2023

Community Council Of Greater Dallas

$120K · 3 grants · 2017–2018

United Way Of Greater St Louis Inc

$100K · 1 grant · 2018

Texas Capital Foundation

$15K · 1 grant · 2023

Trusted World Foundation Inc

$6K · 1 grant · 2020

Methodist Hospitals of Dallas

$5K · 1 grant · 2017

Details

EIN752768840
NTEE codeS30
Subsection03
Ruling date1998-09
Formed1998
Employees12
Volunteers125
METROPLEX ECONOMIC DEVELOPMENT CORP — Mission, Financials & Grants Received | Grantivo