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Filing year 2024

MARTIN LUTHER KING ECONOMIC DEV

Miami, Florida·EIN 59-2042422·NTEE S30Z · Community Improvement & Capacity Building·3
Total revenue
$2.1M
Total assets
$2.2M
Total expenses
$1.5M
Reported officers
6
Mission

ADVOCATE ON BEHALF OF THE COMMUNITY FOR THE REVITALIZATION OF COMMERCIAL AND RESIDENTIAL AREAS WITHIN THE TARGET AREA. THE ORGANIZATION ALSO OPERATES MLKEDC BUSINESS CENTER, WHICH INCLUDES MAINTENANCE, REPAIRS, AND COUNSELING.

Reported officers (all unpaid)

No paid executives reported in 2024. MARTIN LUTHER KING ECONOMIC DEV reported 6 unpaid officers and board members on its 990.

Secretary
Chairperson
Board Member
Treasurer
President
Vice Chairpe
Financial trend

Revenue and expenses over time

MARTIN LUTHER KING ECONOMIC DEV reported revenue and expenses across 3 filing years.

RevenueExpenses
$1.9M
$939k
2022
$1.6M
$1.8M
2023
$2.1M
$1.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Florida

MARTIN LUTHER KING ECONOMIC DEV reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in Florida earns a median of $55,000.

25th percentile
$29k
Median
$55,000
75th percentile
$125k
90th percentile
$233k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 77 organizations across 77 filings (2021 – 2023).

See full Community Improvement & Capacity Building pay data for Florida
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