NonprofitsNew American Development Center

Education

New American Development Center

MINNEAPOLIS, MN

Total revenue

$1.8M

Total expenses

$1.6M

Net assets

$2.9M

Grants received

$1.6M

37 grants

EIN

320241006

Tax year

2024

Mission

Build a strong vibrant community through sustainable community and economic development programs

Financials

FY 2024

Revenue

Contributions & grants$1.4M
Program service revenue
Investment income$2K
Other revenue$346K
Total revenue$1.8M

Expenses

Grants paid$613K
Salaries & benefits$361K
Fundraising
Other expenses$610K
Total expenses$1.6M
Total assets$3.5M
Net assets$2.9M

People

6 listed

NameRoleCompensation

Asad Aliweyd

Director

Board

$164K

40 hrs/wk

Abdi Sheik Nur

Board Chair

Board

1 hrs/wk

Mahat Ali

Treasurer

Board

1 hrs/wk

Abdihakim A

Board Member

Board

1 hrs/wk

Abdinasir H

Board Member

Board

1 hrs/wk

Fatah Osman

Board Member

Board

1 hrs/wk

Grants received

Showing 37 of 37

FromAmountPurposeYear
$100K
for general operating support
2024
$50K
SUPPORT RENTER ENGAGEMENT, AND ADVANCE RENTAL HOUSING ACCESS
2024
$10K
Program
2024
$40K
GENERAL OPERATIONS
2023
$100K
For general operating support
2022
$40K
GENERAL OPERATIONS
2022
$12K
BUILDING EQUITY REFERRAL PARTNER GRANT
2022
$10K
HEALTHY INDIVIDUALS AND COMMUNITIES
2022
$10K
HEALTHY INDIVIDUALS AND COMMUNITIES
2022
CIVIC ENGAGEMENT
2022
$100K
for general operating support
2021
$100K
for general operating support
2021
$50K
RENTAL HOUSING ACCESS AND OPPORTUNITY
2021
$25K
CIVIC ENGAGEMENT
2021
$130K
SOMALI COMMUNITY CONVID-19 AWARENESS AND RESILIENCE BUILDING - 422534
2020
$85K
PROGRAM COSTS
2020
$50K
For general operating support
2020
$50K
For general operating support
2020
$50K
SUPPORT EXPANSION OF RENTAL HOUSING
2020
$35K
GENERAL OPERATIONS
2020
$25K
CIVIC ENGAGEMENT
2020
$24K
East African Youth Economic Development and President's Fund
2020
$20K
COVID HOUSING RELIEF ASSISTANCE
2020
$15K
Asset and Wealth Building
2020
$9K
COVID Recovery Grant
2020
$5K
EMERGENCY RELIEF
2020
$35K
FOR GENERAL OPERATIONS TO BUILD ECONOMIC OPPORTUNITIES FOR EAST AFRICANS.
2019
$55K
SUPPORT FULL-TIME HOUSING STAFF
2018
$46K
GENERAL OPERATING SUPPORT
2018
$15K
AFFORDABLE HOUSING
2018
$30K
NADC COMMUNITY ECONOMIC BUILDING OPERATING SUPPORT - 349029
2017

Funded by

$1.6M from 12 funders · 37 grants · 2017–2024

The McKnight Foundation

$500K · 6 grants · 2020–2024

The Minneapolis Foundation

$356K · 6 grants · 2017–2024

Family Housing Fund

$217K · 5 grants · 2018–2024

Otto Bremer Trust

$155K · 5 grants · 2019–2023

Alliance For Metropolitan Stability

$140K · 4 grants · 2018–2023

Greater Twin Cities United Way

$85K · 1 grant · 2020

Minnesota Voice

$60K · 4 grants · 2020–2024

Youthprise

$24K · 1 grant · 2020

Details

EIN320241006
NTEE codeB90
Subsection03
Ruling date2009-03
Formed2008
Employees5
NEW AMERICAN DEVELOPMENT CENTER — Mission, Financials & Grants Received | Grantivo