Organizations Filed Purposes:
African Economic Development Solutions (AEDS) builds wealth within African immigrant communities through economic development activities. We work throughout the Twin Cities metropolitan area to create wealth, lift immigrant communities out of poverty, and contribute to and benefit from the region's vibrant economy.
African Economic Development Solutions (AEDS) builds wealth within African immigrant communities in the Twin Cities through economic development activities.
Business Development Training and Small Business Consulting program provided service to 215 clients. The program equips African immigrants and members of other marginalized communities in the Twin Cities and greater Minnesota with pertinent business skills indispensable for their success as entrepreneurs of color. The training consists of classes, workshops, field work, and one-on-one sessions. Some of the areas the program provides business consulting to existing or aspiring entrepreneurs in are licensing and lease review, finance and accounting services, and crafting effective growth strategies and organizational structures. This program also includes the micro loans, which is to help provide access to the capital that helps launch their businesses.
Homeownership and Financial Literacy Workshop program provided to 96 families in workshops and counseling in 2019. The program helps disadvantaged families and first time homebuyers make informed decisions as they fully realize their slice of the American Dream, and to help individuals or families develop the skills necessary to succeed in the complex world of finance. Housing counselors can review your finances, credit report, and provide information on current mortgage loan programs, including down payment and closing cost assistance. Workshops will also assist in learning to make educated financial decisions and achieve financial goals.
Little Africa engaged with about 7,000 people through our events in 2019. This program is designed to engage with artists and communities to build local economy through art and cultural activities.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Gene Gelgelu | President & CEO | 40 | $74,100 |
| Anthony J Isubikalu | Board Member | 1 | $0 |
| Rebecca Cooper | Board Member | 1 | $0 |
| Abraham Dalu | Board Member | 1 | $0 |
| Phillip L Hampton | Board Member | 1 | $0 |
| Habtamu Awetu | Board Member | 1 | $0 |
| Leila S Paye-Baker | Secretary | 1 | $0 |
| Kate Speed | Chair | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202002669349301315_public.xml