NonprofitsMidlands Latino Community Development Corporation

Community Improvement & Capacity Building

Midlands Latino Community Development Corporation

OMAHA, NE

Total revenue

$569K

Total expenses

$599K

Net assets

$535K

Grants received

$952K

22 grants

EIN

141973678

Tax year

2024

Mission

To prepare entrepreneurs for success through training, education, and access to capital.

Programs

2 programs

Entrepreneurshipmlcdc provided business planning, business administration training, and technical assistance to 180 students enrolled in the business plan class. Eighty clients participated in the business administration classes. Approximately 80 percent of participants were women. Mlcdc assisted with the registration of 61 new limited liability companies and provided a total of 1,050 hours of technical assistance, including support with product development, sales tax, ein registration, financial projections, operations, marketing, and sales. Mlcdc continues to provide technical assistance to 241 businesses that have registered since 2019.

Expenses: $272K

Lendingmlcdc continued to provide loan servicing for five microbusiness loans in the greater omaha area, which have retained 27 jobs since 2021. Mlcdc also continued to provide new loans through the support of ced grants and local foundations to help create and retain jobs in the greater omaha area.

Financials

FY 2024

Revenue

Contributions & grants$542K
Program service revenue$27K
Investment income
Other revenue$34
Total revenue$569K

Expenses

Grants paid
Salaries & benefits$326K
Fundraising$33K
Other expenses$274K
Total expenses$599K
Total assets$943K
Net assets$535K

People

8 listed

NameRoleCompensation

JUAN MONTOYA

EXECUTIVE DIRECTOR

Board

$113K

55 hrs/wk

ESMERALDA RAMOS

BOARD VICE CHAIR

Board

1 hrs/wk

LILIANA MARQUEZ

TREASURER

Board

1 hrs/wk

SARAH KOLEY

SECRETARY

Board

1 hrs/wk

MATT LINDELL

BOARD CHAIR

Board

1 hrs/wk

MICHELLE JOHNSON

DIRECTOR

Board

1 hrs/wk

COREY STEEN

DIRECTOR

Board

1 hrs/wk

CAROL RUSSELL

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 22 of 22

FromAmountPurposeYear
$100K
COMMUNITY IMPACT FUND ALLOCATIONS
2024
$10K
Project Support
2024
$100K
COMMUNITY IMPACT FUND ALLOCATIONS
2023
$75K
2023 OPERATING GRANT
2023
$35K
To provide three years of program support for the Entrepreneurship Program for Latino Communities.
2023
$20K
WORKFORCE DEVELOPMENT SUPPORT
2023
$10K
Program Support
2023
$8K
VOCATIONAL AND CAREER TRAINING/ UPSKILLING PROGRAMS
2023
$120K
2022 OPERATING GRANT
2022
$103K
CIRT ALLOCATIONS AND DEI
2022
$45K
FINANCIAL EDUCATION & MENTORSHIP
2022
$35K
To provide three years of program support for the Entrepreneurship Program for Latino Communities.
2022
$10K
Program Support
2022
$5K
GENERAL OPERATING
2022
$67K
CIRT Allocations
2021
$40K
CIRT Allocations
2020
$38K
LATINO BUSINESS DEVELOPMENT PROGRAM IN COUNCIL BLUFFS
2020
$15K
Small Business
2020
$10K
ENTREPRENEURSHIP FOR LATINO & IMMIGRANT COMMUNITIES
2020
$15K
General Support
2019
$20K
General Support
2017

Funded by

$952K from 9 funders · 22 grants · 2017–2024

United Way Of The Midlands

$517K · 8 grants · 2017–2024

The Sherwood Foundation

$240K · 3 grants · 2022–2023

Peter Kiewit Foundation

$70K · 2 grants · 2022–2023

Iowa West Foundation

$38K · 1 grant · 2020

Mutual Of Omaha Foundation

$30K · 3 grants · 2022–2024

Nebraska Community Foundation

$30K · 2 grants · 2020–2023

National Association For Latino

$15K · 1 grant · 2020

Union Pacific Foundation

$8K · 1 grant · 2023

Details

EIN141973678
NTEE codeS31
Subsection03
Ruling date2007-05
Formed2006
Employees4
Volunteers0
MIDLANDS LATINO COMMUNITY DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo