Center for Communication and Development

EIN: 510206940 501(c)(3)

Minneapolis, MN

Total Revenue
$1,202,981
Total Expenses
$1,193,911
Total Assets
$1,416,121
Net Assets
$939,619
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
MN
Principal Officer
Gerald Evans
Phone
6123770594
Tax Period
2024-01-01 to 2024-12-31

Center for Communication and Development, founded in 1976, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

KMOJ has a vision of equipping Communities of Color with information and education through the vehicle of mass communication which includes: computer/internet, television, radio, and print journalism. KMOJ's mission is to: "Teach Communities of Color media skills that help reinstate the positive affirmative Black image." The Center for Communication and Development's philosophy is that through a process of education, collaboration, and grounding in culture and community, it can elevate the way of life of the people of its community. The organization understands the significance of its role as a media resource for the community and recognizes that this role must be nurtured and expanded to support and inform the community with access to knowledge and information.

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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 (2024)

Revenue Breakdown

Contributions & Grants $561,091
Program Service Revenue $619,170
Investment Income $3,258
Other Revenue $19,462
TOTAL REVENUE $1,202,981

Expense Breakdown

Grants Paid $0
Salaries & Benefits $526,034
Fundraising Expenses $0
Program Expenses $865,967
Other Expenses $667,877
TOTAL EXPENSES $1,193,911

Year-over-Year Comparison

2024 2023 Change
Revenue $1,202,981 $1,096,048 +0.1%
Expenses $1,193,911 $1,141,876 +0.0%
Net Income $9,070 $-45,828 -1.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
6
Volunteers
45

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
6
$251,918
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Debra Hurston Board Member 1.00
Director
$0 $0 $0
Dr Paul Campbell Treasurer 1.00
Officer Director
$0 $0 $0
Gabriel McNeal Secretary 1.00
Officer Director
$0 $0 $0
Eric Harris Vice President 1.00
Officer Director
$0 $0 $0
Dr David Hamlar Board President 1.00
Officer Director
$0 $0 $0
Gerald Evans General Manager 40.00
Officer
$144,709 $0 $144,709
Kelley Solie Business Office Manager 40.00
Officer
$107,209 $0 $107,209
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
2024 $1,202,981 $1,193,911 $1,416,121 $9,070
2023 $1,096,048 $1,141,876 $1,432,559 $-45,828
2022 $1,133,274 $1,099,427 $1,532,183 $33,847
2021 $1,555,334 $1,069,154 $981,569 $486,180
2020 $1,236,347 $1,044,440 $492,686 $191,907
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