Mexican American Developement Association
- Assets
- $40.7k
- Revenue
- $43.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Montrose, CO
- Founding
- 05/1972
- Data as of
- 09/2020
- EIN
- 84-0616860
Organization Overview
Mexican American Developement Association is located in Montrose, CO. The organization was established in 1972. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 09/2020, Mexican American Developement Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mexican American Developement Association 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 09/2020, Mexican American Developement Association generated $43.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.7%) each year. All expenses for the organization totaled $61.0k during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
ASSISTANCE SERVICES FOR LOW INCOME PERSONS, VETERANS AND HOMELESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTANCE SERVICES TO LOW INCOME PERSONS, VETERANS AND HOMELESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Candida Fierro Secretary | OfficerTrustee | 1 | $0 |
Loraine Gonzales Treasurer | OfficerTrustee | 1 | $0 |
Chris Trujillo Vice-Chairperson | OfficerTrustee | 1 | $0 |
Cathy Cordova Chairperson | OfficerTrustee | 1 | $0 |
Ed Ulibarri Director | Trustee | 1 | $0 |
Bobbi Fresquez Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,035 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $43,216 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $2,667 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,270 |
| Pension plan accruals and contributions | $350 |
| Other employee benefits | $5,010 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,996 |
| 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 | $2,810 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $60,964 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,029 |
| Savings and temporary cash investments | $2,614 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $40,720 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $40,720 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mexican American Developement Association has recieved totaling $51,000.
| Awarding Organization | Amount |
|---|---|
The Colorado Health Foundation Denver, CO PURPOSE: STRENGTHEN COMMUNITY HEALTH | $51,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Together Inc Of Metropolitian Omaha Omaha, NE | $9,226,296 | $13,324,477 |
Emergency Family Assistance Association Inc Boulder, CO | $12,859,983 | $10,003,728 |
Nourishphx Phoenix, AZ | $2,191,792 | $7,784,112 |
Community Services Of Broomfield Inc Broomfield, CO | $1,597,833 | $6,420,444 |
Wounded Warriors Family Support Inc Omaha, NE | $4,900,387 | $4,852,471 |
Castle Rock Community Inter Church Task Force Castle Rock, CO | $3,485,207 | $4,065,312 |
Rocky Mountain Childrens Health Foundation Arvada, CO | $10,032,209 | $4,522,844 |
Pueblo Cooperative Care Center Pueblo, CO | $2,020,985 | $3,498,194 |
Emergency Infant Services Tulsa, OK | $9,080,021 | $3,759,064 |
Mesilla Valley Community Of Hope Incorporated Las Cruces, NM | $4,550,865 | $5,836,573 |
Infant Crisis Services Oklahoma City, OK | $12,395,976 | $3,520,282 |
Giving The Basics Inc Kansas City, KS | $4,181,143 | $2,942,407 |