Charity Search / MARTIN LUTHER KING ECONOMIC DEVELOPMENT CORPORATION
Housing & Shelter (L20Z) IRS Verified DX Registered

MARTIN LUTHER KING ECONOMIC DEVELOPMENT CORPORATION

EIN: 39-1809548 · MILWAUKEE, WI 53212 · United States · FY 2023 Data
2 out of 5
CharityAI™ Score
Not yet evaluated
Mission Statement

The Martin Luther King Economic Development Corporation (MLKEDC) works to strengthen Milwaukee's historic Harambee and King Drive communities through equitable development, affordable housing, and revitalized public spaces that reflect the culture, pride, and aspirations of the people who live there. Founded to counter decades of disinvestment, MLKEDC advances a community-rooted model of neighborhood renewal — one that pairs housing and commercial development with meaningful resident engagement, accessible public amenities, and opportunities for connection, creativity, and economic stability. Our mission is to ensure that long-term residents, families, and small businesses can thrive in place and shape the future of their neighborhood. By investing in people, place, and community, MLKEDC builds pathways to homeownership, activates shared spaces, and fosters a vibrant, inclusive environment where everyone belongs.

Financial Overview — FY 2023
$966K
Total Revenue
$1.1M
Total Expenses
N/A
Net Assets
2
Employees
Expense Breakdown
Program Expense Ratio N/A
Fundraising Efficiency N/A
Operating Reserve N/A
Liability-to-Asset N/A
Revenue Diversification N/A
Executive Compensation $80K
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $966K $1.1M N/A 2
2022 $1.2M $1.1M N/A 2
2021 $1.1M $1.4M N/A 2
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Organization Details
EIN
39-1809548
State
WI
City
MILWAUKEE
ZIP
53212
Classification
L20Z
Category
Housing & Shelter
Rating
38★
Last Updated
Oct 2025
Foundation Code
15
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