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MMCDC Revenue and Competitors

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Detroit Lakes, MN USA

Location

N/A

Total Funding

NonProfit

Industry

Estimated Revenue & Valuation

  • MMCDC's estimated annual revenue is currently $35M per year.(i)
  • MMCDC's estimated revenue per employee is $2,333,333

Employee Data

  • MMCDC has 15 Employees.(i)
  • MMCDC grew their employee count by 0% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$3.5M788%N/AN/A
#2
$3.5M5423%N/AN/A
#3
$3.5M32-9%N/AN/A
#4
$3.5M4742%N/AN/A
#5
N/A8-94%N/AN/A
#6
N/A24-4%N/AN/A
#7
$7.5M1279%N/AN/A
#8
$7.5M60-9%N/AN/A
#9
N/A205%N/AN/A
#10
$3.5M38-3%N/AN/A
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MMCDC is a leading private nonprofit company providing commercial and home mortgage lending, as well as housing, business and community development services, throughout Minnesota and the Midwest. We are also a parent company of a housing cooperative, a property management company, a reservation-based bank and a reservation-focused community development company. In 1968, a bill was introduced to create Community Development Corporations (CDCs). CDCs were authorized to borrow funds from the federal government (as well as private sources) and re-lend the money to businesses to create jobs in rural America. Today, there are about 2,000 CDCs in the country. MMCDC is approximately the 25th largest CDC in the United States and is one of the very few with a bank subsidiary. Our organization was started through the cooperative efforts of Mahube Community Action Program of Detroit Lakes, MN and the Inter-County Community Council of Oklee, MN. In 1971, we began by serving the counties of Mahnomen, Hubbard, Becker, Red Lake, Pennington, Clearwater and Polk, an area which includes the largest reservation in Minnesota - the White Earth Indian Reservation. Today, MMCDC lends and invests statewide.

keywords:N/A

N/A

Total Funding

15

Number of Employees

$35M

Revenue (est)

0%

Employee Growth %

N/A

Valuation

N/A

Accelerator

MMCDC's People

NameTitleEmail/Phone
1
PresidentReveal Email/Phone
2
Director Human ResourcesReveal Email/Phone
3
Real Estate ManagerReveal Email/Phone
4
VP, AdministrationReveal Email/Phone
5
Development OfficerReveal Email/Phone
6
Tax Site AdministratorReveal Email/Phone
7
PresidentReveal Email/Phone
8
Mortgage UnderwriterReveal Email/Phone
9
AccountantReveal Email/Phone
10
Mortgage Loan ProcessorReveal Email/Phone
Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$2.3M15-6%N/A
#2
$3M17-39%N/A
#3
N/A4124%N/A
#4
$75M698%N/A
#5
$19.9M696%N/A