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NATIONAL INSTITUTE OF MINORITY ECONOMIC DEVELOPMENT

EIN 56-1579041 DURHAM, NC

Revenue 2024
$6,532,015
Expenses 2024
$6,722,107

Program services were 67.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
Classification
1000
Street
114 W PARRISH ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • NIKITRA BAILEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DR TYRONE R BAINES

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • MARTIN EAKES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TED EDWARDS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DR EDWARD FORT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ADAM KLEIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SUE MALONE

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • LEWIS H MYERS

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL SUGGS

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • THURMAN SMITH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PATRICIA RUSSELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANGELIQUE D STALLINGS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KEVIN J PRICE

    PRESIDENT/CEO

    Total calculated
    $199,980
    From this org
    $92,295
    From related orgs
    $92,295
    Other
    $15,390
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $92,295 + $92,295 related
    Bonus
    $0
    Other
    $0
    Deferred
    $5,764
    Nontaxable benefits
    $9,626
    Filer's total
    $107,685 + $92,295 related

  • KAYE GANTT

    CHIEF OP OFFICER

    Total calculated
    $149,597
    From this org
    $126,156
    From related orgs
    $0
    Other
    $23,441
    Hours/week
    40

  • TANYA BRANCH

    CHIEF FINANCIAL OFFI

    Total calculated
    $59,583
    From this org
    $59,583
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • ROBERTA MCCULLOUGH

    SENIOR VP OPERATIONS

    Total calculated
    $131,359
    From this org
    $109,564
    From related orgs
    $0
    Other
    $21,795
    Hours/week
    40

  • ANGELA POOLE

    VP OF FINANCE

    Total calculated
    $144,409
    From this org
    $121,431
    From related orgs
    $0
    Other
    $22,978
    Hours/week
    40

  • LEA HENRY

    DIRECTOR

    Total calculated
    $141,925
    From this org
    $132,188
    From related orgs
    $0
    Other
    $9,737
    Hours/week
    40

  • JOHN HAM

    DIRECTOR

    Total calculated
    $123,119
    From this org
    $102,339
    From related orgs
    $0
    Other
    $20,780
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $6,532,015
    Expenses
    $6,722,107
    Contributions
    $4,106,880
    Grants paid
    $0
  • 2023
    Revenue
    $12,194,431
    Expenses
    $7,819,600
    Contributions
    $9,328,500
    Grants paid
    $0
  • 2022
    Revenue
    $6,397,874
    Expenses
    $5,089,182
    Contributions
    $4,713,761
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2024 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2023 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2022 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

Nonprofiteer parses the Form 990 only. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.