irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $436KHost and sponsor community awareness events, Jail-Aint-No-Good Walk-A-Thon, Juneteenth Parade and Street Fair, Health Fairs and Community Health Walk. Sponsor a radio broadcast where incubator trainees can advertise for below market rates. Produce a free community awareness newspaper. Sponsor a summer camp program. Sponsor youth participation at yearly religious conventions. Provide various assistance to members.
named programs · 8 · from sources
What they call their work
Community Awareness Radio Broadcast and Newspaper
Produces a free community newspaper and sponsors a radio program where incubator participants can advertise services at reduced rates.
Community Clean-Up and Green Program
Organizes environmental stewardship activities including neighborhood clean-ups and greening initiatives.
Community Health Fairs and Health Walks
Hosts health-focused events offering screenings, wellness education, and physical activity opportunities for community members.
Jail-Aint-No-Good Walk-A-Thon
Community awareness event promoting alternatives to incarceration and supporting youth engagement and education.
Juneteenth Parade and Street Fair
Annual celebration and community gathering honoring Juneteenth, featuring local vendors, cultural activities, and public education.
Low- to Moderate-Income Housing Support
Provides housing assistance, tenant support, and co-op conversion services for low- and moderate-income residents.
Store-front Entrepreneur Incubator Program
Provides aspiring small business owners with access to commercial storefront space at below-market rates, along with technical assistance and training to launch and grow their businesses.
Youth Summer Camp and Religious Convention Participation
Sponsors youth development programs including summer camp and travel to religious conventions for personal and spiritual growth.
activities · 8 groups
What they do
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Community Festival & Event Production 1 activity
- Hosts community awareness and health eventsOrganizes and sponsors community events such as the Jail-Aint-No-Good Walk-A-Thon, Juneteenth Parade and Street Fair, Health Fairs, and Community Health Walk to promote public awareness and engagement.
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Community Stewardship Volunteer Programs 1 activity
- Operates community clean-up and green programRuns a program focused on neighborhood beautification and environmental sustainability through organized clean-up efforts and green initiatives.
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Startup Acceleration & Business Growth Support 1 activity
- Operates storefront entrepreneur incubator programManages an incubator program that enables small business owners to occupy commercial storefronts at below-market rates, increasing access to retail space for emerging entrepreneurs.
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Organizational Newsletter Production and Distribution 1 activity
- Produces free community awareness newspaperCreates and distributes a no-cost newspaper aimed at increasing community awareness on local issues and initiatives.
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Affordable Housing Development and Management 1 activity
- Provides affordable housing and tenant support servicesDevelops and maintains low- to moderate-income housing, assists tenants with co-op conversion, and offers support for socioeconomic needs.
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Youth and Young Adult Spiritual Engagement 1 activity
- Sponsors youth participation in religious conventionsSupports the attendance of youth in annual religious conventions, fostering spiritual and community development.
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Summer Day Camp Programs 1 activity
- Sponsors youth summer camp programOrganizes and supports a summer camp program for youth, providing structured activities and community engagement opportunities.
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Business Member Promotion Services 1 activity
- Supports entrepreneur incubator through subsidized radio advertisingProvides incubator trainees access to below-market-rate advertising through a sponsored radio broadcast, supporting small business development.
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financials · form 990 · fy2024
revenue
Total revenue$551K
Contributions & grants$00%
Program service revenue$551K100%
Investment income$20%
Other revenue$0
expenses
Total expenses$577K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$323K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$10K
Cash$10K
Investments$0
Liabilities$0
Net assets$10K
Liquid reserves0.2 mo
5 years on record · 2020–2024 · YoY revenue -2.4%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 1
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| Izak-el M Pasha | Executive Director | 40 | $36K |
strategies · 2
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Affordable Commercial Space as Growth Enablermethodology: affordable_commercial_spaceBy offering affordable physical retail space through a storefront incubator program, MSDC Inc lowers barriers to market entry for emerging entrepreneurs, because access to low-risk commercial space allows early-stage businesses to test and scale operations in real-world settings.
- Entrepreneurial Incubation with Technical Assistancemethodology: entrepreneurial_incubationBy providing technical assistance and structured support within an incubator program, MSDC Inc enables small business entrepreneurs to successfully start and grow their businesses, because early-stage ventures benefit significantly from guided capacity-building and resource access.