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MDC INC

Public charity
Other · DURHAM, NC · EIN 56-0894222

About

MDC is a catalyst that accelerates equitable change in the south. We research, convene, and provide strategic support to develop strong leaders, disrupt harmful systems, and shape a south where ALL people thrive.for over 50 years, MDC has advanced equity and equipped southern communities to take on longstanding systemic challenges in education, employment, health, and wealth through:research and analysis: MDC researches and collects economic and demographic data across the south. We analyze this data to create a compelling narrative that tells the story of where the region is at ANY given moment. Since 1996, the manifestation of that rigorous analysis is MDC's landmark state of the south report.systems design for systems change: state of the south informs our work and drives efforts to shift and change systems. At MDC, we interrogate how systems impact people and how they CAN be shifted or recreated to achieve better outcomes.continued on LAST page of SCH o.

Donations are tax-deductible
Category
Other
Employees
68
Volunteers
8

Financial Snapshot

FY ending 2024-06-30
Revenue
$3.3M
Expenses
$8.0M
Assets
$13.0M
Liabilities
$1.2M

Financial history

$15.4M$7.7M$0
1718192021222324
RevenueExpenses
Latest FY2024: $3.3M · Peak FY2022: $15.4M · Avg: $6.0M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$802K
MDC INC
Your actions

Address

307 W Main ST
Durham, NC, 27701-321

Governance

Voting board members9
Independent members8
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo

Financial detail (Schedule D)

Permanent endowment %100.0%
Endowment held by related orgNo
Public records
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