MODEL CITIES COMMUNITY DEVELOPMENT CORPORATION

EIN: 411936584 501(c)(3) Community Improvement

ST PAUL, MN

Total Revenue
N/A
Total Expenses
$646
Total Assets
$7,318
Net Assets
$7,318
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
MN
Principal Officer
KIZZY L DOWNIE
Phone
6516328343
Tax Period
2019-01-01 to 2019-12-31

Mission

MODEL CITIES COMMUNITY DEVELOPMENT CORPORATION IS A NON-PROFIT ORGANIZATION CREATED TO CARRY OUT COMMUNITY-BASED DEVELOPMENT THAT IMPROVES THE QUALITY OF LIFE AND CONTRIBUTES TO THE REVITALIZATION OF URBAN COMMUNITIES. THIS MISSION IS CARRIED OUT BY MEANS OF SUPPORT TO FAMILIES IN NEED OF HOMEOWNERSHIP SERVICES, AND BY COMPLETING COMMERCIAL AND RESIDENTIAL REAL ESTATE DEVELOPMENT AND MANAGEMENT IN URBAN AREAS IN NEED OF REVITALIZATION.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

THERE WERE NO PROGRAMS CARRIED OUT UNDER MODEL CITIES COMMUNITY DEVELOPMENT CORPORATION AS THE ACTIVITIES OF MODEL CITIES FAMILIES FIRST NO. 1, LLC WERE TRANSFERRED TO MODEL CITIES PROPERTIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $646
TOTAL EXPENSES $646

Year-over-Year Comparison

2019 2018 Change
Revenue N/A $1 -1.0%
Expenses $646 $179,196 -1.0%
Net Income N/A $-179,195 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
8
Employees
N/A
Volunteers
9

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$96,872
Total Directors
9
$96,872
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRENDA BAILEY CHAIR 1.00
Officer Director
$0 $0 $0
OSBORNE STRICKLAND VICE CHAIR 1.00
Officer Director
$0 $0 $0
KIZZY DOWNIE CEO/BOARD SECRETARY 1.00
Officer Director
$0 $8,182 $96,872
MIKE LAFAVE TREASURER 1.00
Officer Director
$0 $0 $0
JUDITH AMINMENTSE BOARD MEMBER 0.50
Director
$0 $0 $0
BRENDA BOLAR-FORD BOARD MEMBER 0.50
Director
$0 $0 $0
PETER MAY BOARD MEMBER 0.50
Director
$0 $0 $0
JULIET MITCHELL BOARD MEMBER 0.50
Director
$0 $0 $0
MARILYN PORTER BOARD MEMBER 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 No data $646 $7,318 No data
2018 $1 $179,196 $7,964 $-179,195
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