Nonprofit · EIN 75-2280264
MIDLAND COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · MIDLAND, TX 79701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $856,132 | $469,641 | $386,491 | $4,235,946 | $314,499 | $3,921,447 |
| December 31, 2024 | 990 | $419,722 | $1,023,835 | -$604,113 | $4,228,347 | $693,391 | $3,534,956 |
| December 31, 2023 | 990 (amended) | $682,188 | $468,497 | $213,691 | $4,549,039 | $409,970 | $4,139,069 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $34,901
- Program service revenue
- $443,988
- Investment income
- $2,659
- Royalties
- $170,990
- Net gain from sales of assets
- -$4,375
- Other revenue
- $374,584
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $86,453
- Other salaries and wages
- $76,426
- Salaries, compensation and benefits (total)
- $179,237
- Professional fundraising fees
- $0
- Accounting fees
- $21,478
- Occupancy
- $67,427
- Travel
- $3,402
- Depreciation
- $31,301
- Program services (functional)
- $306,756
- Management and general (functional)
- $155,716
- Fundraising (functional)
- $7,169
Balance sheet and other
- Total assets, start of year
- $4,228,347
- Total assets, end of year
- $4,235,946
- Total liabilities, end of year
- $314,499
- Net assets, end of year
- $3,921,447
- Land, buildings and equipment
- $3,688,872
- Net assets without donor restrictions
- $3,921,447
- Gross receipts
- $875,507
- Employees
- 3
- Volunteers
- 19
- Year formed
- 1989
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SANDRA TORRES | EXECUTIVE DI Officer | 40 | $86,453 | $8,987 |
| JERRY MORALES | CHAIRMAN Trustee or director, Officer | 0.15 | $0 | $0 |
| AUSTIN NELSON | SECRETARY Trustee or director, Officer | 0.15 | $0 | $0 |
| ERIC WESTPHAL | TREASURER Trustee or director, Officer | 0.13 | $0 | $0 |
| GILBERT ABILA | MEMBER Trustee or director | 0.12 | $0 | $0 |
| BRENDA E CORDERO | MEMBER Trustee or director | 0.11 | $0 | $0 |
| DAVID DIAZ | MEMBER Trustee or director | 0.11 | $0 | $0 |
| CHRISTOPHER EDGMOND | MEMBER Trustee or director | 0.12 | $0 | $0 |
| BILLY GIBBS | MEMBER Trustee or director | 0.09 | $0 | $0 |
| GRISELDA LEYVA | MEMBER Trustee or director | 0.14 | $0 | $0 |
| MAYRA NAVARRETE | MEMBER Trustee or director | 0.11 | $0 | $0 |
| JOYCELYNE RODRIGUEZ | MEMBER Trustee or director | 0.08 | $0 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SANDRA TORRES | EXECUTIVE DI Officer | 40 | $88,145 |
| JERRY MORALES | CHAIRMAN Trustee or director, Officer | 0.19 | $0 |
| AUSTIN NELSON | SECRETARY Trustee or director, Officer | 0.17 | $0 |
| ERIC WESPHAL | TREASURER Trustee or director, Officer | 0.19 | $0 |
| GILBERT ABILA | MEMBER Trustee or director | 0.1 | $0 |
| MARCEL CAMPOS | MEMBER Trustee or director | 0.02 | $0 |
| BRENDA E CORDERO | MEMBER Trustee or director | 0.15 | $0 |
| CHRISTOPHER EDGMOND | MEMBER Trustee or director | 0.12 | $0 |
| BILLY GIBBS | MEMBER Trustee or director | 0.07 | $0 |
| GRISELDA LEYVA | MEMBER Trustee or director | 0.07 | $0 |
| MAYRA NAVARRETE | MEMBER Trustee or director | 0.1 | $0 |
| LUIS SANCHEZ | MEMBER Trustee or director | 0.02 | $0 |
| IRMA QUIROZ | MEMBER Trustee or director | 0.03 | $0 |
| DAVID DIAZ | MEMBER Trustee or director | 0.77 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SANDRA TORRES | EX DIR - JUL Officer | 40 | $66,752 | $13,541 |
| JAIME GANDARA | ACCOUNTANT Officer | 40 | $66,208 | $12,801 |
| BRAD BULLOCK | CHAIRMAN Trustee or director, Officer | 0.19 | $0 | $0 |
| ERIC WESPHAL | TREASURER Trustee or director, Officer | 0.19 | $0 | $0 |
| GILBERT ABILA | MEMBER Trustee or director | 0.15 | $0 | $0 |
| MARCEL CAMPOS | MEMBER Trustee or director | 0.11 | $0 | $0 |
| BRENDA E CORDERO | MEMBER Trustee or director | 0.17 | $0 | $0 |
| CHRISTOPHER EDGMOND | MEMBER Trustee or director | 0.16 | $0 | $0 |
| SANDRA JAVELLY | MEMBER Trustee or director | 0.09 | $0 | $0 |
| JERRY MORALES | MEMBER Trustee or director | 0.08 | $0 | $0 |
| AUSTIN NELSON | MEMBER Trustee or director | 0.18 | $0 | $0 |
| IRMA QUIROZ | MEMBER Trustee or director | 0.15 | $0 | $0 |
| LUIS SANCHEZ | MEMBER Trustee or director | 0.09 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 208 S MARIENFELD ST, MIDLAND, TX 79701-5113
- Principal officer (990 for 2025)
- JERRY MORALES, 208 S MARIENFELD, MIDLAND, TX 79701
- Signed the 990
- SANDRA TORRES, EXECUTIVE DIRECTOR
- Phone
- (432) 682-2520
- Website
- WWW.MIDLANDCDC.ORG
- Return prepared by
- BEAL & WILKES PC
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.
Program accomplishments
- THE ORGANIZATION MAINTAINS AN AFFORDABLE HOUSING PROGRAM WHICH CONSISTS OF ONE-ON-ONE CREDIT COUNSELING, AND ASSISTANCE IN LOCATING A MORTGAGE LENDER WITH A CURRENT MARKET RATE FOR THE FIRST-TIME HOMEBUYER.Expenses $306,756 · revenue $443,988
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-2280264
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P51)
- Assets (IRS master file)
- $4,235,946
- Income (IRS master file)
- $875,507
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $856,132 | $469,641 | $4,235,946 | XML |
| 990 | December 2024 | $419,722 | $1,023,835 | $4,228,347 | XML |
| 990 | December 2023 | $682,188 | $468,497 | $4,549,039 | XML |
| 990 | December 2022 | $884,825 | $481,554 | $4,190,846 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 75-2280264).
Questions about MIDLAND COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of MIDLAND COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of MIDLAND COMMUNITY DEVELOPMENT CORPORATION is 75-2280264.
- Is MIDLAND COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to MIDLAND COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MIDLAND COMMUNITY DEVELOPMENT CORPORATION 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 COMMUNITY DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MIDLAND COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MIDLAND COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names JERRY MORALES.
- Who are the officers and directors of MIDLAND COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $86,453 (SANDRA TORRES, EXECUTIVE DI).
- How much revenue does MIDLAND COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $856,132, expenses of $469,641 and total assets of $4,235,946 at year end.
Other nonprofits in MIDLAND
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- YOUNG MENS CHRISTIAN ASSOCIATION EIN 75-0871732 · last filed 990 for 2025
- SPRINGBOARD CENTER EIN 75-2805439 · last filed 990 for 2024
- CENTERS FOR CHILDREN AND FAMILIES INC EIN 75-1005357 · last filed 990 for 2025
- SENIOR LIFE MIDLAND INC EIN 75-1899190 · last filed 990 for 2024
- HOSPICE OF MIDLAND ENDOWMENT INC EIN 31-1732824 · last filed 990 for 2025
- BASIN DREAM CENTER FOR ORPHANS EIN 82-0927815 · last filed 990 for 2025
- CASA DE AMIGOS OF MIDLAND TEXAS INCORPORATED EIN 75-1240087 · last filed 990 for 2024