NonprofitsMpower Development Corp

Religion-Related

Mpower Development Corp

PHILADELPHIA, PA

Total revenue

$784K

Total expenses

$566K

Net assets

$12.9M

Grants received

EIN

462668689

Tax year

2024

Mission

The corporation's mission is to hold title to property, collect rent therefrom and turn over the entire amount thereof, less expenses, to an organization which itself is exempt under section 501(a) of the internal revenue code of 1986, as amended.

Programs

1 program

Distribution of net profit to organization exempt from income tax under section 501(a)

Expenses: $606K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$379K
Investment income$405K
Other revenue
Total revenue$784K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$566K
Total expenses$566K
Total assets$13.0M
Net assets$12.9M

People

5 listed

NameRoleCompensation

DONNA BULLOCK

PRESIDENT

Board

0.5 hrs/wk

KEVIN NOEL

TREASURER

Board

0.5 hrs/wk

JANET STEARNS

SECRETARY

Board

0.5 hrs/wk

PROPERTY MANAGER

DIRECTOR

Board

10 hrs/wk

SISTER MARY SCULLION

PRESIDENT

Staff

0.5 hrs/wk

Details

EIN462668689
NTEE codeX22
Subsection02
Ruling date2013-09
Formed2013
Employees0
Volunteers0
MPOWER DEVELOPMENT CORP — Mission, Financials & Grants Received | Grantivo