Nonprofit · EIN 75-2047644
MIDLAND HISPANIC CHAMBER OF COMMERCE INCORPORATED
Tax-exempt · MIDLAND, TX 79701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $188,265 | $223,021 | -$34,756 | $73,578 | $4,739 | $68,839 |
| September 30, 2024 | 990 | $212,835 | $218,589 | -$5,754 | $105,839 | $2,244 | $103,595 |
| September 30, 2023 | 990 | $395,778 | $373,985 | $21,793 | $118,609 | $0 | $118,609 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $83,865
- Membership dues
- $33,440
- Program service revenue
- $5,286
- Investment income
- $201
- Net income from fundraising events
- $97,046
- Net income from sales of inventory
- $1,867
- Other revenue
- $98,913
Expenses
- Grants and similar amounts paid
- $7,000
- Other salaries and wages
- $117,395
- Salaries, compensation and benefits (total)
- $127,873
- Professional fundraising fees
- $0
- Accounting fees
- $10,750
- Occupancy
- $10,967
- Travel
- $2,907
- Depreciation
- $961
Balance sheet and other
- Total assets, start of year
- $105,839
- Total assets, end of year
- $73,578
- Total liabilities, end of year
- $4,739
- Net assets, end of year
- $68,839
- Land, buildings and equipment
- $278
- Net assets without donor restrictions
- $68,839
- Gross receipts
- $414,993
- Employees
- 3
- Volunteers
- 50
- Year formed
- 1984
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAMANTHA HUGHES | CHAIR Trustee or director, Officer | 2 | $0 |
| MARISSA SALGADO | CHAIR-ELECT Trustee or director, Officer | 2 | $0 |
| KEVIN BARTON | VC FINANCE Trustee or director, Officer | 2 | $0 |
| SARAH STREDIC | VC ECONOMIC DEVELOPMENT Trustee or director, Officer | 2 | $0 |
| SHELLY VARGAS | VC MARKETING Trustee or director, Officer | 2 | $0 |
| MICHELLE CARRASCO | VC EDUCATION Trustee or director, Officer | 2 | $0 |
| CAROL GARZA | VC LEGISLATIVE AFFAIRS Trustee or director, Officer | 2 | $0 |
| ERICA THOMAS | SECRETARY Trustee or director, Officer | 2 | $0 |
| ANTHONY NIETO | PARLIAMENTARIAN Trustee or director, Officer | 2 | $0 |
| DEVIN BENAVIDES | DIRECTOR Trustee or director | 2 | $0 |
| CRYSTAL CASTANEDA | DIRECTOR Trustee or director | 2 | $0 |
| GUSTAVO FEJERVARY | DIRECTOR Trustee or director | 2 | $0 |
| IVANA SCHEFFEY | DIRECTOR Trustee or director | 2 | $0 |
| LISA CAULDER | DIRECTOR Trustee or director | 2 | $0 |
| CLAUDIUS SANCHEZ | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended September 30, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SAMANTHA HUGHES | CHAIR Trustee or director, Officer | 2 | $0 |
| MARISSA SALGADO | CHAIR-ELECT Trustee or director, Officer | 2 | $0 |
| KEVIN BARTON | VC FINANCE Trustee or director, Officer | 2 | $0 |
| SARAH STREDIC | VC ECONOMIC DEVELOPMENT Trustee or director, Officer | 2 | $0 |
| CAROL GARZA | VC MARKETING Trustee or director, Officer | 2 | $0 |
| VERONICA REYES | VC EDUCATION Trustee or director, Officer | 2 | $0 |
| BO ZERTUCHE | VC LEGISLATIVE AFFAIRS Trustee or director, Officer | 2 | $0 |
| ERICA THOMAS | SECRETARY Trustee or director, Officer | 2 | $0 |
| ANTHONY NIETO | PARLIAMENTARIAN Trustee or director, Officer | 2 | $0 |
| GILBERT RENDON | DIRECTOR Trustee or director | 2 | $0 |
| CORBETTE PADILLA | DIRECTOR Trustee or director | 2 | $0 |
| MICHELLE CARRASCO | DIRECTOR Trustee or director | 2 | $0 |
| MARCOS LUNA | DIRECTOR Trustee or director | 2 | $0 |
| SHELLY VARGAS | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended September 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ADRIAN CARRASCO | Chairman Trustee or director, Officer | 2 | $0 |
| JEANETTE REYES | Chairman Trustee or director, Officer | 2 | $0 |
| LUIS ESQUIVEL | Treasurer Trustee or director, Officer | 2 | $0 |
| SAMANTHA CLARK | Trustee Trustee or director, Officer | 2 | $0 |
| SAMANTHA HUGHES | Trustee Trustee or director, Officer | 2 | $0 |
| ANGELICA RAMSEY | Trustee Trustee or director, Officer | 2 | $0 |
| ADRIAN URQUIDI | Trustee Trustee or director, Officer | 2 | $0 |
| MARISSA SALGADO | Secretary Trustee or director | 2 | $0 |
| VERONICA REYES | Trustee Trustee or director | 0 | $0 |
| TRACY VALLES | Director Trustee or director | 0 | $0 |
| JACK LADD | Director Trustee or director | 0 | $0 |
| OLGA GUEBARA | Director Trustee or director | 0 | $0 |
| RICHARD MADRID | Executive Dir. Officer | 40 | $0 |
| LUIS SANCHEZ | Executive Dir. Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 208 S MARIENFIELD ST 101, MIDLAND, TX 79701-5113
- Principal officer (990 for 2024)
- YISBET SEGREA, 208 S MARIENFIELD ST 101, MIDLAND, TX 79701
- Signed the 990
- YISBET SEGREA, CHAIR OF FINANCE
- Phone
- (432) 704-5533
- Website
- WWW.MIDLANDHCC.COM
- Return prepared by
- WHITLEY PENN LLP
Mission
TO PROMOTE THE GROWTH AND PROSPERITY OF SMALL BUSINESSES AND THE COMMUNITY OF MIDLAND, TEXAS.
Program accomplishments
- ECONOMIC DEVELOPMENT PROGRAMS MANAGED BY THE CHAMBER INCLUDE THE INCUBATOR PROGRAM, STEP UP TO SUCCESS, WOMEN'S ROUNDTABLE, AND OTHER PROGRAMS AND EVENTS GEARED TOWARDS THE PROMOTION OF SMALL BUSINESSES AND ECONOMIC GROWTH IN MIDLAND.
- MARKETING PROGRAMS INCLUDE PROMOTIONAL PROGRAMS TO INCREASE THE NUMBER OF VISITORS AND TOURISM FOR MIDLAND.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 75-2047644
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1992
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $105,839
- Income (IRS master file)
- $367,624
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $188,265 | $223,021 | $73,578 | XML |
| 990 | September 2024 | $212,835 | $218,589 | $105,839 | XML |
| 990 | September 2023 | $395,778 | $373,985 | $118,609 | XML |
| 990 | September 2022 | $51,519 | $104,961 | $71,329 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-2047644).
Questions about MIDLAND HISPANIC CHAMBER OF COMMERCE INCORPORATED
- What is the EIN of MIDLAND HISPANIC CHAMBER OF COMMERCE INCORPORATED?
- The employer identification number (EIN) of MIDLAND HISPANIC CHAMBER OF COMMERCE INCORPORATED is 75-2047644.
- Is MIDLAND HISPANIC CHAMBER OF COMMERCE INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1992.
- Are donations to MIDLAND HISPANIC CHAMBER OF COMMERCE INCORPORATED tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MIDLAND HISPANIC CHAMBER OF COMMERCE INCORPORATED file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MIDLAND HISPANIC CHAMBER OF COMMERCE INCORPORATED due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MIDLAND HISPANIC CHAMBER OF COMMERCE INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of MIDLAND HISPANIC CHAMBER OF COMMERCE INCORPORATED?
- The 990 for the year ended September 30, 2025 names YISBET SEGREA.
- Who are the officers and directors of MIDLAND HISPANIC CHAMBER OF COMMERCE INCORPORATED?
- The 990 for the year ended September 30, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does MIDLAND HISPANIC CHAMBER OF COMMERCE INCORPORATED have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $188,265, expenses of $223,021 and total assets of $73,578 at year end.
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