National Institute of Minority Economic Development

Public charityFed auditsIRS 990

DBA: ECONOMIC DEVELOPMENT

Other · DURHAM, NC · EIN 56-1579041

To strengthen the asset BASE of diverse populations through policy, education and economic opportunities.

DBA Economic Development

Donations are tax-deductible

FY ending 2022-12-31

Revenue

$6.4M

Expenses

$5.1M

Assets

$12.7M

Liabilities

$2.6M

$6.4M$3.2M$0

171819202122

RevenueExpenses

Latest FY2022: $6.4M · Avg: $3.2M

NATIONAL INSTITUTE OF MINORITY ECONOMIC DEVELOPMENT

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114 W Parrish ST

Durham, NC, 27701-336

Voting board members13

Independent members13

Conflict-of-interest policyYes

Whistleblower policyYes

Doc-retention policyYes

Audit committeeYes

990 reviewed by boardYes

Severance paymentsNo

Equity-based compNo

Supplemental retirement planNo

Initial contract exceptionNo

Public records

Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.

IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.

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