From public IRS filings
NEW AMERICAN DEVELOPMENT CENTER
MINNEAPOLIS, MN · Education
Mission
Build a strong vibrant community through sustainable community and economic development programs
Financials (IRS Form 990)
Total revenue
$1.8M
Total expenses
$1.6M
Total assets
$3.5M
Program expense ratio
62%
Source: IRS Form 990, tax year 2024.
Who funds NEW AMERICAN DEVELOPMENT CENTER
$863K in foundation grants on record from 8 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Mcknight Foundation | $450K | 5 |
| Minneapolis Foundation | $150K | 3 |
| Family Housing Fund | $82K | 3 |
| Otto Bremer Trust | $80K | 2 |
| Alliance for Metropolitan Stability | $65K | 2 |
| Tides Foundation | $20K | 2 |
| Minnesota Voice | $10K | 1 |
| Minnesota Housing Partnership | $6K | 1 |
Leadership
Asad Aliweyd — Executive Director (Principal officer)
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