Jubilee Center Of Midland
- Assets
- $234.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Midland, TX
- Founding
- 03/2012
- Data as of
- 09/2023
- EIN
- 45-4213224
Organization Overview
Jubilee Center Of Midland is located in Midland, TX. The organization was established in 2012. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jubilee Center Of Midland 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 09/2023, Jubilee Center Of Midland generated $145.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $112.0k during the year ending 09/2023. While expenses have increased by 3.1% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE JUBILEE CENTER OF MIDLAND OPERATES A CLIENT CHOICE FOOD PANTRY WHERE TWICE MONTHLY UNDERPRIVILEGED FAMILIES CAN COME TO CHOOSE FOOD, SUCH AS MILK, BREAD, AND CANNED GOODS, BASED ON FAMILY SIZE AND DIETARY CONCERNS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Michael Jordan Chairman | 3.85 | $0 | |
Kala Luciano Vice Chair | 2.35 | $0 | |
Bert Bostic Treasurer | 0.67 | $0 | |
Sylvia Shepard Secretary | 2.88 | $0 | |
Bob Hennigan Board Member | 0.23 | $0 | |
Robert Ballard Board Member | 1.17 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,909 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $46 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $144,955 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,941 |
| Professional fees and other payments to independent contractors | $5,592 |
| Occupancy, rent, utilities, and maintenance | $4,728 |
| Printing, publications, postage, and shipping | $608 |
| Other expenses | $49,104 |
| Total expenses | $111,973 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $195,752 |
| Other assets | $0 |
| Total assets | $234,375 |
| Total liabilities | $781 |
| Net assets or fund balances | $233,594 |