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Organizations National Institute of Minority Economic Development

National Institute of Minority Economic Development

Fiscal year ending 2024. Filed on November 7, 2025.

Post Office Box 1331
Durham, North Carolina 27702

National Institute of Minority Economic Development (EIN: 56-1579041) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, National Institute of Minority Economic Development, a 501(c)(3) charitable organization, reported compensation for 7 out of 47 total employees. Among the employees shown here, the average compensation is $135,710. The highest compensated employee at National Institute of Minority Economic Development is Kevin J Price with fiscal year 2024 compensation of $199,980.

Revenue, expenses, and employee compensation

Revenue

$6,532,015

Expenses

$6,722,107

Employee compensation

$3,231,484
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kevin J Price
President and Chief Executive Officer
$199,980
$92,295 $92,295 $15,390
Kaye Gantt
Chief OP Officer
$149,597
$126,156 No related comp$23,441
Angela Poole
Vice President, Finance
$144,409
$121,431 No related comp$22,978
Lea Henry
Director
$141,925
$132,188 No related comp$9,737
Roberta McCullough
Senior Vice President, Operations
$131,359
$109,564 No related comp$21,795
John Ham
Director
$123,119
$102,339 No related comp$20,780
Tanya Branch
Chief Financial Officer
$59,583
$59,583 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Adam Klein
Director
Angelique D Stallings
Director
Dr Edward Fort
Director
Dr Tyrone R Baines
Secretary
Lewis H Myers
Chair
Martin Eakes
Director
Michael Suggs
Vice Chair
Nikitra Bailey
Director
Patricia Russell
Director
Sue Malone
Treasurer
Ted Edwards
Director
Thurman Smith
Director

Contractors

Pinehurst LLC
Event Planning
$196,836
Craftsman Technology Group LLC
Technology
$141,863
Dg Mcgee Enterprises LLC
Professional and Business Development
$102,050

Mission Statement

TO STRENGTHEN THE ASSET BASE OF DIVERSE POPULATIONS THROUGH POLICY, EDUCATION AND ECONOMIC OPPORTUNITIES.

Revisions to this organization profile

November 7, 2025:
2024 National Institute of Minority Economic Development 990 filed
November 15, 2024:
2023 National Institute of Minority Economic Development 990 filed
November 15, 2023:
2022 National Institute of Minority Economic Development 990 filed

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