Nonprofits›Mpower 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