Daffy

Immigrant Development Center

Immigrant Development Center

Moorhead, MN
Tax ID20-3368647

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About this organization

Revenue

$366,039

Expenses

$287,604

Website

idcfm.org

Mission

To build capacity of business and economic skills within the immigrant population, ultimately leading to economic self-sufficiency.

About

IDC's objective is to build strong communities through businesses that will create new job opportunities.IMP also had ten micro-loans for small business located in the IMP. IDC provides 1-1 entrepreneurial training and other supporting program activities throughout the year. We served more than one hundred clients in various capacities. Another way IDC is working toward achieving its goals is through the purchase and renovation of the International Market Plaza (IMP) building. In FYE 2017 there were 23 businesses in the IMP. The purpose of the International Market Plaza is to create a center for business and community made up of different cultures and backgrounds. The more diversified, the better. These entrepreneurs will be given the chance to have a fresh start in the community and see their businesses take off.IDC is also working to bring unity and power to a diversified group of entrepreneurs in the Fargo-Moorhead community. IDC's ultimate goal is to enable its contributors and members to become self-sufficient and equal members of the community.

Interesting data from their 2018 990 filing

The purpose of the non-profit, as set forth in the filing, is “To build capacity of business and economic skills within the immigrant population, ultimately leading to economic self-sufficiency.”.

When discussing its purpose, they were characterized as: “To build capacity of business and economic skills within the immigrant population, ultimately leading to economic self-sufficiency.”.

  • The state in which the non-profit is legally authorized to operate is MN, as reported.
  • The filing confirms that the non-profit's address in 2018 was 810 4th Ave S No 100, Moorhead, MN, 56560.
  • The form of the non-profit reports 7 employees as of 2018.
  • Is not a private foundation.
  • Expenses are between $100,000 and $250,000.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is $78,435.
  • The organization has 8 independent voting members.
  • The organization was formed in 2005.
  • The organization pays $85,342 in salary, compensation, and benefits to its employees.
  • The organization pays $60,013 in fundraising expenses.