Texas Midwest Community Network
- Assets
- $205.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Gorman, TX
- Founding
- 01/1995
- Data as of
- 09/2023
- EIN
- 75-2555657
Organization Overview
Texas Midwest Community Network is located in Gorman, TX. The organization was established in 1995. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Midwest Community Network is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2023, Texas Midwest Community Network generated $147.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $158.0k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 8 years. 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
PROVIDE COMMUNICATION AND NETWORKING AMONG COMMUNITIES IN THE 20 COUNTIES SURROUNDING ABILENE, TEXAS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darwin Archer Sec/treasurer | 1 | $0 | |
Diana Lopez Director | 1 | $0 | |
Ray Tipton President | 1 | $0 | |
Doug Dowler Director | 1 | $0 | |
Will Dugger Vice President | 1 | $0 | |
Gail Lawrence At-Large Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $118,682 |
| Membership dues | $27,980 |
| Investment income | $394 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $147,056 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $61,987 |
| Professional fees and other payments to independent contractors | $2,421 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $558 |
| Other expenses | $93,031 |
| Total expenses | $157,997 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,684 |
| Other assets | $0 |
| Total assets | $205,853 |
| Total liabilities | $0 |
| Net assets or fund balances | $205,853 |