MINNESOTA DIVERSIFIED INDUSTRIES INC

MINNEAPOLIS, MN | Hennepin County
Economic Development

Overview

MINNESOTA DIVERSIFIED INDUSTRIES INC
41-0941924
3501 BROADWAY ST NE
MINNEAPOLIS, MN 55413
Hennepin County
(651) 999-8200

Mission Statement info

MDI'S VISION IS MEANINGFUL EMPLOYMENT OPPORTUNITIES FOR ALL PEOPLE WITH DISABILITIES AND IS SUPPORTED THROUGH OUR MISSION TO SERVE PEOPLE WITH DISABILITIES BY OFFERING INCLUSIVE EMPLOYMENT OPPORTUNITIES AND SERVICES.

Founded info
1964
Total Employees info
69
Total Volunteers info
63
CRA Category info
  • Economic Development
Nonprofit location info
  • LMI Census Tract
  • Opportunity Zone
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Nonprofit Classification (NTEE Code) info
J33

J - Employment, Job Related

Sheltered Employment

Organizations that provide paid employment opportunities in a controlled, protected environment for people with disabilities who are unable to obtain competitive employment. Also included are work activity centers which provide personal and social development opportunities for participants who have demonstrated inconsequential production capacity.

IRS Activity Codes info
030
School, college, trade school, etc.
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624310
Vocational Rehabilitation Services

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$6.6M
Revenue
$6.6M
Assets
$18.5M
Exempt Ruling Date info
1969-01
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
MN
Basis for Foundation/Public Charity Status info
509(a)(3) Type II
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
3501 BROADWAY ST NE
MINNEAPOLIS, MN 55413
Hennepin County
FIPS Geocoded Address info
33460
MSA/CBSA info
27
State info
053
County info
1040.00
Tract info
Low
Income Level info
Core-Based Statistical Area info
Minneapolis-St. Paul-Bloomington, MN-WI
Combined Statistical Area info
Minneapolis-St. Paul, MN-WI
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 36.86%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
1040.00 Hennepin County
Population
Total Population 7,304 1,245,837
Total Households 2,408 508,030
Income
Median Family Income (Census*) $39,524 $78,167
Median Family Income (2019 FFIEC) $93,000 N/A
Tract Income Percentage 46.72% N/A
Below Poverty Level 45.4% 10.4%
Unemployment Level 2.8% 3.8%
Housing
Total Housing Units 2,576 533,880
Total Owner-Occupied Units 26.2% 62.4%
Total Renter-Occupied Units 67.3% 37.6%
Total Vacant Units 6.5% 4.5%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

12
Total Voting Members
in Governing Body
info
12
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Marvin Hannon
CFO
(651) 999-8200
Principal Officer info
Peter Mcdermott
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.