Mdc INC FY2021 filing
Empowers Southern leaders and communities to boost economic opportunity and advance fairness. For fiscal year 2021 it reported $5.2M in revenue, $3.3M in expenses, and $3.8M in net assets.Pt I
- Founded
- 1967
- Type
- Public charity (501(c)(3)) · Nonprofit
- Location
- Durham, NC
- Website
- www.mdcinc.org
- Filings
- 6 on file (2020–2021)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| John Ls Simpkins | $251,592 | $249,519 | $260,000 | $246,094 | $135,018 | — |
| Mark Motamen | $178,799 | $178,894 | $93,759 | — | — | $71,215 |
| David L Dodson | — | — | — | — | $113,887 | $176,715 |
| Ralph Gildehaus | $173,281 | $168,620 | $174,500 | $159,544 | — | $140,550 |
| Calvin Allen | $169,708 | $165,219 | $120,700 | — | — | — |
| Ralph F Gildehaus III | — | — | — | — | $157,841 | — |
| Julie Mooney | — | — | $151,700 | $143,968 | $139,204 | $124,932 |
| Mala Thakur | — | — | $127,178 | $142,927 | $139,209 | $137,588 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Education is a fundamental building block for economic mobility. We work with communities to identify and overcome barriers to educational success so that more students can graduate from high school, earn a post secondary credential valued in the marketplace and enter a career that pays a life-sustaining wage or SALARY.GREAT…
MDC develops programs that enable families and communities to weather hard times and sustain economic progress. For individuals, that means gaining access to the work supports that empower them to rise out of poverty with resources to feed their families, grow their savings, and stay in school.
Our strategic philanthropy practice helps foundations and grant-making organizations develop the focus, strategy, capacity, and culture the south requires to reduce poverty by advancing equity in education, community development, health, and family economic SECURITY.RURALEAD (strengthening leadership to transform rural communities)…
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 73% | — | — |
| Overhead ratio | 26% | — | — |
| Fundraising cost ratio | 0.7% | — | — |
| Revenue growth | 91% | — | — |
| Investment management fee ratio | 0.09% | — | — |
| Accounting fee ratio | 0.8% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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