Skip to content

Minnesota · Public charity

Metropolitan Economic Development Association

Helping minority entrepreneurs succeed.

$1.1M
Granted FY2024(still arriving)
3
Grants FY2024
31
Organizations funded FY2023
100%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$89,000
Largest grant, FY2024
$1,000,000
Organizations funded a year
2 to 31
FY2017 to FY2023
States reached, FY2024
1
Total assets, FY2024
$64M

How open it is to new grantees

In FY2023, 100% of the organizations Metropolitan Economic Development Association funded were first-time grantees, receiving 100% of its grant dollars.

New vs renewed · share of each year

In FY2023, 0% of grant dollars renewed an existing relationship; $346k went to new ones.

50%100%’21’22’23
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving3$1.1M100%
FY202331$346k100%
FY202224$295k79%
FY202127$325k100%
FY20172$71kn/a
98% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Community Improvement$1.1MPublic Safety & Disaster$165kFood & Nutrition$140kHuman Services$134kHealth$120kEnvironment$109kEmployment$89kArts & Culture$65kOther$0

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Minnesota Black Chamber of Commerce$1,000,000169%
Intent Energy LLC$89,0001n/a
Minnesota Zoo$61,0001n/a
Taste of Rondo$40,0002n/a
Christina's Child Care Center$25,5002n/a
TurnSignl$25,0001n/a
Midwest Select Contracting LLC$25,0002n/a
Wugs Vending$25,0001n/a
Objective Biotechnology Inc$25,0001n/a
Novart Media$20,0001n/a
Show all 78 grantees
All grantees of Metropolitan Economic Development Association by total granted
GranteeTotal grantedYearsShare of their budget
Minnesota Black Chamber of Commerce$1,000,000169%
Intent Energy LLC$89,0001n/a
Minnesota Zoo$61,0001n/a
Taste of Rondo$40,0002n/a
Christina's Child Care Center$25,5002n/a
TurnSignl$25,0001n/a
Midwest Select Contracting LLC$25,0002n/a
Wugs Vending$25,0001n/a
Objective Biotechnology Inc$25,0001n/a
Novart Media$20,0001n/a
Howard's Bar Inc$20,0001n/a
Gramsky's$20,0002n/a
C Stone Landscape LLC$20,0001n/a
La Fusion Restaurant LLC$20,0002n/a
H2overhaul Inc$15,0001n/a
TLC Millimeter Wave Products Inc$15,0001n/a
JAB Holdings LLC$15,0001n/a
Eggroll Queen$15,0001n/a
Yahweh laundromat and cleaning services$15,0001n/a
Tacos El Kevin$15,0001n/a
Howard's Bar Inc$15,0001n/a
CarePoint Home Health LLC$15,0001n/a
Archived Expressions LLC dba Mind's Eye Comics$15,0001n/a
A Plus Universal Child Care and Learning Center$15,0001n/a
' The Harvest ' Enterprise LLC$15,0001n/a
Minuteman Press Uptown$14,5001n/a
Fitz Realestate$10,4271n/a
Next Global Security$10,0001n/a
Sab Company LLC$10,0001n/a
Bom Dia Treats LLC$10,0001n/a
Irie Vibes$10,0001n/a
Rochester Home Care$10,0001n/a
Pauls Perfume Paradise$10,0001n/a
Park Salon LLC$10,0001n/a
The FIT Laboratory$10,0001n/a
F and G Beauty Supply$10,0001n/a
Performance Athletix$10,0001n/a
NoshPosh LLC$10,0001n/a
Fit Studio$10,0001n/a
Hair Beauty & Wellness$10,0001n/a
Planting People Growing Justice LLC$10,0001n/a
Slice Pizza LLC$10,0001n/a
The Ovation Group$10,0001n/a
Community Reinvestment Fund Inc$10,00010%
Platinum Staffing Grouop Inc$10,0001n/a
Satisfied carpet cleaning$10,0001n/a
BKB Luxury Transportation$10,0001n/a
LM Display$10,0001n/a
Happypeople LLC$10,0001n/a
Koficore Inc$10,0001n/a
Midwest Recovery Inc$10,0001n/a
DG Pilot LLC$10,0001n/a
Introspect Mental Health$10,0001n/a
Group Balboa LLC dba Guacaya Bistreaux$10,0001n/a
Porksuit Solutions LLC$10,0001n/a
Trust Home Care LLC$10,0001n/a
InControl LLC$10,0001n/a
Onyx Coffee House$10,0001n/a
Hire Up Staff LLC$10,0001n/a
Fearless Commerce$10,0001n/a
RuvaAfricWear$10,0001n/a
Joy Catering$10,0001n/a
Keyhubs LLC$10,0001n/a
Hour Kids Walk-In Childcare$10,0001n/a
BW Limited Holdings dba Olu's Home$10,0001n/a
Code White Teeth Whitening$10,0001n/a
Woodbury Spanish Immersion Early Learning Academy$10,0001n/a
Me and I LLC$10,0001n/a
Anytime Fitness$10,0001n/a
Shanghai Wholesale$10,0001n/a
Faithful Consulting LLC$10,0001n/a
Accord Medical Inc$10,0001n/a
Fit LLC$10,0001n/a
4 The Love LLC$10,0001n/a
Neoo Development$10,0001n/a
Midwest Bakery Inc$10,0001n/a
T Will Sports Inc$10,0001n/a
Privilage Cuts and Grooming$8,5001n/a

Plus 4 recipients with no EIN on record ($38k), not named here.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.

Metropolitan Consortium of Community DevelopersMN14.8× affinity6 shared granteesties to 0 of 0Hover any node to trace its alignments.Compare side by side →

Open a dossier: Metropolitan Consortium of Community Developers

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Metropolitan Economic Development Association with peer funders

About Metropolitan Economic Development Association

How much does Metropolitan Economic Development Association give?
Metropolitan Economic Development Association reported 3 grants totaling $1,129,000 in its FY2024 IRS filing. It funded between 2 and 31 organizations a year over FY2017 to FY2023.
What does Metropolitan Economic Development Association fund?
By grant dollars over FY2017 to FY2024, its largest causes are Community Improvement (52%), Public Safety & Disaster (8%), Food & Nutrition (7%).
Who are Metropolitan Economic Development Association's largest grantees?
By total granted over FY2017 to FY2024: Minnesota Black Chamber of Commerce ($1.0M), Intent Energy LLC ($89k), Minnesota Zoo ($61k).
Does Metropolitan Economic Development Association fund new organizations?
In FY2023, 100% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Metropolitan Economic Development Association?
Its strongest co-funders, measured against what their size predicts, include Metropolitan Consortium of Community Developers.
Where is Metropolitan Economic Development Association based?
Metropolitan Economic Development Association is based in MN.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 82 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Metropolitan Economic Development Association’s filings →

More from the funding graph