NonprofitsMlk Avenue Redevelopment Corporation

Community Improvement

Mlk Avenue Redevelopment Corporation

MOBILE, AL

Total revenue

$187K

Total expenses

$320K

Net assets

$728K

Grants received

$3K

1 grants

EIN

631088214

Tax year

2024

Mission

Community redevelopment

Programs

1 program

Mlk provides other programs on an as needed basis. This is determined by the board and executive director. These programs work in conjunction with the affordable homes program in an effort to enrich the mlk community and its residents. At times, mlk participates in a program named financial education (economic empowerment) which targets individuals and teaches them basic financial management techniques.

Financials

FY 2024

Revenue

Contributions & grants$24K
Program service revenue$162K
Investment income
Other revenue
Total revenue$187K

Expenses

Grants paid
Salaries & benefits$93K
Fundraising
Other expenses$227K
Total expenses$320K
Total assets$808K
Net assets$728K

People

5 listed

NameRoleCompensation

DAPHNE PIERCE

EXECUTIVE DI

Board

$86K

40 hrs/wk

DARRELL RANDLE

CHAIRMAN

Board

CYNTHIA MALONE

VICE CHAIRMA

Board

CARLOS GANT

SECRETARY/TR

Board

CHRISTOPHER LEE

ADVISORY BRD

Board

Grants received

Showing 1 of 1

FromAmountPurposeYear
$3K
SPONSORSHIP OF ECONOMIC EMPOWERMENT WORKSHOP SERIES 2023-24
2023

Funded by

$3K from 1 funder · 1 grant · 2023

Fuse Project

$3K · 1 grant · 2023

Details

EIN631088214
NTEE codeS310
Subsection03
Ruling date1993-06
Formed1993
Employees1
Volunteers4
MLK AVENUE REDEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo