Mineola Civic Center Inc
- Assets
- $4.3m
- Revenue
- $659.6k
- Investments
- $0.0
- Employees
- 8
- Location
- Mineola, TX
- Founding
- 02/1973
- Data as of
- 12/2021
- EIN
- 23-7203021
Organization Overview
Mineola Civic Center Inc is located in Mineola, TX. The organization was established in 1973. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Mineola Civic Center Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mineola Civic Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Mineola Civic Center Inc generated $659.6k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $165.2k during the year ending 12/2021. While expenses have increased by 4.9% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CITIZEN ACTIVITY CENTER
Describe the Organization's Program Activity:
PROVIDE A MEETING FACILITY FOR CITIZENS OF MINEOLA, TX AND SURROUNDING AREA. APPROXIMATELY 400 FUNCTIONS WERE HELD DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Gould Director | Trustee | 1 | $0 |
David Collett President | OfficerTrustee | 1 | $0 |
Brenda Martinez Director | Trustee | 1 | $0 |
Pat Searight Director | Trustee | 1 | $0 |
Bobby Madsen Director | Trustee | 1 | $0 |
Pam Thurman Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,749 |
| All other contributions, gifts, grants, and similar amounts not included above | $244,752 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $272,501 |
| Total Program Service Revenue | $0 |
| Investment income | $151,171 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$133,727 |
| Net Gain/Loss on Asset Sales | $366,020 |
| Net Income from Fundraising Events | $6,353 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$2,742 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $659,576 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $76,453 |
| Compensation of current officers, directors, key employees. | $76,453 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $2,257 |
| Other employee benefits | $0 |
| Payroll taxes | $5,849 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $21,315 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,983 |
| Office expenses | $571 |
| Information technology | $3,121 |
| Royalties | $0 |
| Occupancy | $8,137 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,820 |
| Insurance | $0 |
| All other expenses | $405 |
| Total functional expenses | $165,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,124 |
| Savings and temporary cash investments | $45,449 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $997,826 |
| Investments—publicly traded securities | $3,196,201 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,290,600 |
| Accounts payable and accrued expenses | $11,567 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2 |
| Total liabilities | $11,569 |
| Net assets without donor restrictions | $1,082,830 |
| Net assets with donor restrictions | $3,196,201 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,290,600 |