Nonprofit · EIN 14-1973678
MIDLANDS LATINO COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · OMAHA, NE 68107
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $569,089 | $599,491 | -$30,402 | $943,261 | $408,166 | $535,095 |
| December 31, 2023 | 990 | $483,552 | $528,428 | -$44,876 | $755,384 | $189,887 | $565,497 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $542,121
- of which government grants
- $157,823
- Program service revenue
- $26,934
- Investment income
- $0
- Other revenue
- $34
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $303,687
- Salaries, compensation and benefits (total)
- $325,629
- Professional fundraising fees
- $0
- Accounting fees
- $19,842
- Travel
- $5,646
- Depreciation
- $8,197
- Program services (functional)
- $425,584
- Management and general (functional)
- $141,290
- Fundraising (functional)
- $32,617
Balance sheet and other
- Total assets, start of year
- $755,384
- Total assets, end of year
- $943,261
- Total liabilities, end of year
- $408,166
- Net assets, end of year
- $535,095
- Land, buildings and equipment
- $22,910
- Net assets without donor restrictions
- $288,343
- Net assets with donor restrictions
- $246,752
- Gross receipts
- $569,089
- Employees
- 4
- Volunteers
- 0
- Year formed
- 2006
- State of legal domicile
- NE
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUAN MONTOYA | EXECUTIVE DIRECTOR Trustee or director | 55 | $112,800 |
| MATT LINDELL | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| ESMERALDA RAMOS | BOARD VICE CHAIR Trustee or director, Officer | 1 | $0 |
| LILIANA MARQUEZ | TREASURER Trustee or director, Officer | 1 | $0 |
| SARAH KOLEY | SECRETARY Trustee or director | 1 | $0 |
| CAROL RUSSELL | DIRECTOR Trustee or director | 1 | $0 |
| MICHELLE JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| COREY STEEN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUAN MONTOYA | EXECUTIVE DIRECTOR Trustee or director | 55 | $112,800 |
| MATT LINDELL | PRESIDENT Trustee or director, Officer | 1 | $0 |
| AMY CAROLUS | TREASURER Trustee or director, Officer | 1 | $0 |
| SARAH MOHON | SECRETARY Trustee or director, Officer | 1 | $0 |
| COREY STEEN | DIRECTOR Trustee or director | 1 | $0 |
| CAROL RUSSELL | DIRECTOR Trustee or director | 1 | $0 |
| MICHELLE JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- DEVELOPMENT CORP 4923 S 24TH ST SU, OMAHA, NE 68107-0000
- In care of
- % MARTA SONIA LONDONO MEJIA
- Mailing address (990-N for 2007)
- 4827 SOUTH 24TH STREET, OMAHA NE 68107
- Principal officer (990 for 2024)
- MATT LINDELL, 4923 S 24TH STREET SUITE 201, OMAHA, NE 68107
- Principal officer (990-N for 2007)
- MARTHA SONIA LONDONO MEJIA, 4827 SOUTH 24 TH STREET, OMAHA NE 68107
- Signed the 990
- MATT LINDELL, BOARD PRESIDENT
- Phone
- (402) 995-9623
- Return prepared by
- HAYES & ASSOCIATES LLC
Mission
TO PREPARE ENTREPRENEURS FOR SUCCESS THROUGH TRAINING, EDUCATION, AND ACCESS TO CAPITAL.
Program accomplishments
- FINANCIAL STABILITY MLCDC PROVIDED FINANCIAL EDUCATION AND TRAINING IN SPANISH, ENGLISH, AND ARABIC, BOTH VIRTUALLY AND IN PERSON. IN 2024, WE SERVED 305 INDIVIDUALS IN THE GREATER OMAHA AREA AND EASTERN NEBRASKA, AS WELL AS 55 INDIVIDUALS IN COUNCIL BLUFFS, IOWA. THESE EDUCATIONAL PROGRAMS GENERATED MORE THAN 550 HOURS OF FOLLOW-UP FINANCIAL COACHING SERVICES. MLCDC ALSO PARTNERED WITH THE MEXICAN CONSULATE IN OMAHA, NEBRASKA, TO DELIVER WEEKLY PRESENTATIONS ON PERSONAL FINANCE TOPICS TO COMMUNITY MEMBERS.Expenses $153,453
- ENTREPRENEURSHIPMLCDC PROVIDED BUSINESS PLANNING, BUSINESS ADMINISTRATION TRAINING, AND TECHNICAL ASSISTANCE TO 180 STUDENTS ENROLLED IN THE BUSINESS PLAN CLASS. EIGHTY CLIENTS PARTICIPATED IN THE BUSINESS ADMINISTRATION CLASSES. APPROXIMATELY 80 PERCENT OF PARTICIPANTS WERE WOMEN. MLCDC ASSISTED WITH THE REGISTRATION OF 61 NEW LIMITED LIABILITY COMPANIES AND PROVIDED A TOTAL OF 1,050 HOURS OF TECHNICAL ASSISTANCE, INCLUDING SUPPORT WITH PRODUCT DEVELOPMENT, SALES TAX, EIN REGISTRATION, FINANCIAL PROJECTIONS, OPERATIONS, MARKETING, AND SALES. MLCDC CONTINUES TO PROVIDE TECHNICAL ASSISTANCE TO 241 BUSINESSES THAT HAVE REGISTERED SINCE 2019.Expenses $272,131
- LENDINGMLCDC CONTINUED TO PROVIDE LOAN SERVICING FOR FIVE MICROBUSINESS LOANS IN THE GREATER OMAHA AREA, WHICH HAVE RETAINED 27 JOBS SINCE 2021. MLCDC ALSO CONTINUED TO PROVIDE NEW LOANS THROUGH THE SUPPORT OF CED GRANTS AND LOCAL FOUNDATIONS TO HELP CREATE AND RETAIN JOBS IN THE GREATER OMAHA AREA.revenue $6,941
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 | Not 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
- 14-1973678
- 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
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $943,261
- Income (IRS master file)
- $569,089
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $569,089 | $599,491 | $943,261 | IRS |
| 990 | December 2023 | $483,552 | $528,428 | $755,384 | XML |
| 990 | December 2022 | $525,791 | $489,277 | $1,341,477 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2007 Officer: MARTHA SONIA LONDONO MEJIA | December 31, 2007 | ≤ $50,000 receipts | – | – | e-Postcard |
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 14-1973678).
Questions about MIDLANDS LATINO COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of MIDLANDS LATINO COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of MIDLANDS LATINO COMMUNITY DEVELOPMENT CORPORATION is 14-1973678.
- Is MIDLANDS LATINO COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to MIDLANDS LATINO COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MIDLANDS LATINO 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 MIDLANDS LATINO COMMUNITY DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MIDLANDS LATINO COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MIDLANDS LATINO COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names MATT LINDELL.
- Who are the officers and directors of MIDLANDS LATINO COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $112,800 (JUAN MONTOYA, EXECUTIVE DIRECTOR).
- How much revenue does MIDLANDS LATINO COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $569,089, expenses of $599,491 and total assets of $943,261 at year end.
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All nonprofits in OMAHA · Nebraska · Community improvement and capacity building