NonprofitsMidland Community Development Corporation

Human Services

Midland Community Development Corporation

MIDLAND, TX

Total revenue

$785K

Total expenses

$466K

Net assets

$4.2M

Grants received

$699K

8 grants

EIN

752280264

Tax year

2023

Mission

The organization assists qualified first time homebuyers with credit report review, counseling, and down payment assistance to be "mortgage ready" in the puchase of their first home. In partnership with the city of midland, the organization revitalizes "target areas" designated as distressed by developing home communities for these qualified low income families.

Financials

FY 2023

Revenue

Contributions & grants$227K
Program service revenue$262K
Investment income$126K
Other revenue$170K
Total revenue$785K

Expenses

Grants paid
Salaries & benefits$254K
Fundraising$10K
Other expenses$212K
Total expenses$466K
Total assets$4.5M
Net assets$4.2M

People

13 listed

NameRoleCompensation

SANDRA TORRES

EX DIR - JUL

Board

$67K

40 hrs/wk

JAIME GANDARA

ACCOUNTANT

Board

$66K

40 hrs/wk

GILBERT ABILA

MEMBER

Board

0.15 hrs/wk

MARCEL CAMPOS

MEMBER

Board

0.11 hrs/wk

BRENDA E CORDERO

MEMBER

Board

0.17 hrs/wk

CHRISTOPHER EDGMOND

MEMBER

Board

0.16 hrs/wk

BRAD BULLOCK

CHAIRMAN

Board

0.19 hrs/wk

JERRY MORALES

MEMBER

Board

0.08 hrs/wk

AUSTIN NELSON

MEMBER

Board

0.18 hrs/wk

IRMA QUIROZ

MEMBER

Board

0.15 hrs/wk

LUIS SANCHEZ

MEMBER

Board

0.09 hrs/wk

SANDRA JAVELLY

MEMBER

Board

0.09 hrs/wk

ERIC WESPHAL

TREASURER

Board

0.19 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$300K
Community Development
2023
$16K
GRANTS
2023
$23K
GRANTS
2022
$150K
Housing Shelter
2021
$25K
GRANTS
2021
$150K
community development
2020
$10K
PROGRAM SUPPORT
2020
$25K
community development
2018

Funded by

$699K from 3 funders · 8 grants · 2018–2023

Permian Basin Area Foundation

$625K · 4 grants · 2018–2023

Unidosus

$64K · 3 grants · 2021–2023

United Way Of Midland Inc

$10K · 1 grant · 2020

Details

EIN752280264
NTEE codeP51
Subsection03
Ruling date1989-08
Formed1989
Employees4
Volunteers11
MIDLAND COMMUNITY DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo