Minnesota · Nonprofit
METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS
METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS (Minnesota) receives grants from 32 organizations whose IRS filings report $5,654,220 to it, the largest being The McKnight Foundation ($1,440,000). 19 of them have funded it in more than one year.
- Revenue FY2024
- $4.6M
- Funders on record
- 32
- Grants received
- $5.7M
- Net assets
- $6.9M
What Metropolitan Consortium of Community Developers does
Mission
Mccd works collectively to expand economic prosperity by investing in and stewarding community development resources.
As stated on its FY2024 Form 990.
Programs
Small business support - see schedule o
$989,079 spentof which $257,000 as grants$915,865 earned by the program42% of program spendingMember services and advocacy - see schedule o
$443,741 spent$33,750 earned by the program19% of program spendingLoan program - see schedule o
$503,667 spent$424,997 earned by the program21% of program spendingShared ownership: as a cdfi, mccd provides vital support to businesses across the entire ownership spectrum, spanning micro-enterprises to worker cooperatives, from their inception through the various stages of growth and maturity. In 2021, we expanded our effort to provide support shared ownership models, including employee ownership, cooperatives, and commercial land trusts. These models have demonstrated success in building community wealth, yet there are limited resources available. Mccd's shared ownership programs provide specialized technical assistance services, tailored capital tools, and support networks to fill the gap in the small business ecosystem. In 2023, mccd accomplished the following: provided cooperative business advising services to 5 worker cooperatives, including 5 cooperatives in the direct care industry. In total, we are supporting 25 bipoc and low-wealth individuals in their pursuit of business ownership. Contracted to administer $1 million in arpa funds in partnership with the state's department of human services for employee-owned home and community-based services cooperatives. The program provides up to $162,400 in grant funds each to home care…
$426,625 spent18% of program spending
The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $2,363,112.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $11M to $13M (+17%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 1% · 2018 0% · 2019 8% · 2020 83% · 2021 84% · 2022 64% · 2023 24% · 2024 53%. Grants only. Government contracts and fees sit inside program revenue.
89% of METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS’s revenue is contributions — more donation-reliant than the typical peer (60% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Elena Gaarder
Chief executive officer
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2019 and FY2020 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 16 funders, grant income rose $8k → $1.0M.
7 of 32 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 14% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS’s funders (the co-funder graph). Top 30 of 32 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS has a broad base — no single funder exceeds 25% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
34% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS.
Largest funder’s share by year: 2017 100% · 2018 40% · 2019 76% · 2020 61% · 2021 28% · 2022 42% · 2023 34% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
54% of METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS's funders are still giving 3 years after their first grant; 59% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
99% of METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS's grant income comes from Minnesota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $793k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS holds deeper cash reserves than three-quarters of the 4,206 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,206 community improvement nonprofits $1M–$10M, FY2024
Government funding METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.0M on record.
- Department of the Treasury$1.8M
- Small Business Administration$200k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
82% of spending goes to programs.
Governance
Public support
98%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Propagate Community Development Corporation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS?
- METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS (Minnesota) receives grants from 32 organizations whose IRS filings report $5,654,220 to it, the largest being The McKnight Foundation ($1,440,000). 19 of them have funded it in more than one year.
- How many funders does METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS have?
- IRS filings report 32 organizations giving $5,654,220 in grants to METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS, 19 of which have funded it in more than one year.
- Who is the largest funder of METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS?
- The McKnight Foundation is the largest funder on record, with $1,440,000 in grants. The full list of funders is on this page.
- How can an organization like METROPOLITAN CONSORTIUM OF COMMUNITY DEVELOPERS find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 32 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing