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Filing year 2023

MDC INC

Durham, North Carolina·EIN 56-0894222·3
Total revenue
$3.3M
Total assets
$13M
Total expenses
$8M
Reported officers
15
Mission

MDC IS A CATALYST THAT ACCELERATES EQUITABLE CHANGE IN THE SOUTH. WE RESEARCH, CONVENE, AND PROVIDE STRATEGIC SUPPORT TO DEVELOP STRONG LEADERS, DISRUPT HARMFUL SYSTEMS, AND SHAPE A SOUTH WHERE ALL PEOPLE THRIVE.FOR OVER 50 YEARS, MDC HAS ADVANCED EQUITY AND EQUIPPED SOUTHERN COMMUNITIES TO TAKE ON LONGSTANDING SYSTEMIC CHALLENGES IN EDUCATION, EMPLOYMENT, HEALTH, AND WEALTH THROUGH:RESEARCH AND ANALYSIS: MDC RESEARCHES AND COLLECTS ECONOMIC AND DEMOGRAPHIC DATA ACROSS THE SOUTH. WE ANALYZE THIS DATA TO CREATE A COMPELLING NARRATIVE THAT TELLS THE STORY OF WHERE THE REGION IS AT ANY GIVEN MOMENT. SINCE 1996, THE MANIFESTATION OF THAT RIGOROUS ANALYSIS IS MDC'S LANDMARK STATE OF THE SOUTH REPORT.SYSTEMS DESIGN FOR SYSTEMS CHANGE: STATE OF THE SOUTH INFORMS OUR WORK AND DRIVES EFFORTS TO SHIFT AND CHANGE SYSTEMS. AT MDC, WE INTERROGATE HOW SYSTEMS IMPACT PEOPLE AND HOW THEY CAN BE SHIFTED OR RECREATED TO ACHIEVE BETTER OUTCOMES.CONTINUED ON LAST PAGE OF SCH O.

Executive compensation, broken down

Form 990 · Schedule J · 5 reported individuals · Filing year 2023

President and CEO
$325k
$355k
Base
$250k
Bonus
Other
Benefits
$58k
VP Operations and Culture
vice president
$233k
$254k
Base
$179k
Bonus
Other
Benefits
$41k
Senior Program Director
director (operational)
$222k
$242k
Base
$169k
Bonus
Other
Benefits
$41k
VP Partnerships and Programs
vice president
$216k
$236k
Base
$165k
Bonus
Other
Benefits
$39k
Senior Program Director
director (operational)
$167k
$183k
Base
$128k
Bonus
Other
Benefits
$30k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Down 3%
from 2022

From $335k in 2022 to $325k in 2023.

$335k
2022
$325k
2023
In today's dollarsEst.
Down 7% in real terms$382k to $355k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

MDC INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.9M
$6.1M
2022
$3.3M
$8M
2023
Total revenue and total expenses from IRS Form 990 filings.
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