Mpower Development Corp

Religion-related organization based in Philadelphia, PA.0

MissionTHE CORPORATION'S MISSION IS TO HOLD TITLE TO PROPERTY, COLLECT RENT THEREFROM AND TURN OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO AN ORGANIZATION WHICH ITSELF IS EXEMPT UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

Financial snapshot · TY 2024

$784K
Total revenue
$566K
Total expenses
$13.0M
Net assets

Financial health · TY 2024

93
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
273 months of expenses
Program efficiency
83
83.3% spent on programs
Revenue diversity
100
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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Mpower Development Corp Executive Compensation | 990 Data | DoubleNine