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Nonprofit · EIN 45-4737063

MIDLAND SHARED SPACES

Tax-exempt · MIDLAND, TX 79705

Financials

$1.3M$1.5M2023$1.2M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of MIDLAND SHARED SPACES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,235,023$1,353,388-$118,365$7,747,984$53,518$7,694,466
December 31, 2023990$1,296,087$1,475,246-$179,159$7,973,029$160,198$7,812,831
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$662,805
Program service revenue
$565,392
Investment income
$33,504
Net income from fundraising events
-$28,335
Other revenue
-$26,678

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$194,892
Other salaries and wages
$332,003
Salaries, compensation and benefits (total)
$658,387
Professional fundraising fees
$0
Legal fees
$24,073
Accounting fees
$16,975
Travel
$7,534
Depreciation
$245,992
Program services (functional)
$979,952
Management and general (functional)
$341,617
Fundraising (functional)
$31,819

Balance sheet and other

Total assets, start of year
$7,973,029
Total assets, end of year
$7,747,984
Total liabilities, end of year
$53,518
Net assets, end of year
$7,694,466
Land, buildings and equipment
$6,677,318
Net assets without donor restrictions
$7,484,266
Net assets with donor restrictions
$210,200
Gross receipts
$1,280,285
Employees
7
Volunteers
20
Year formed
2012
State of legal domicile
TX

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.

NameTitleHours / weekCompensation
AUTUMN VESTEXECUTIVE DIR.
Officer
40$121,200
GARY HIRESIT DIRECTOR40$114,875
MARC KONDRUPOPERATIONS DIR.
Officer
40$71,108
CORY RICHARDSONDirector
Trustee or director
1$0
JOSEPH RAY HUGHES IIIMMED PAST PRES
Trustee or director, Officer
1$0
ELISE KAILDirector
Trustee or director
1$0
DAVID POOLETreasurer
Trustee or director, Officer
1$0
KRYSTA HADLOCKSecretary
Trustee or director, Officer
1$0
ADAM HERNANDEZDirector
Trustee or director
1$0
DAVID MEEKDirector
Trustee or director
1$0
MEGHAN BERRYDirector
Trustee or director
1$0
SUSANA NEALEPRESIDENT ELECT
Trustee or director, Officer
1$0
MARCEL CAMPOSDirector
Trustee or director
1$0
LAURYN HENDRIXPresident
Trustee or director, Officer
1$0
ALEX HALEDirector
Trustee or director
1$0
1 more people on this return
NameTitleHours / weekCompensation
KOBY WESTDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensation
AUTUMN VESTEXECUTIVE DIR.
Officer
40$119,998
GARY HIRESIT DIRECTOR40$116,042
MARC KONDRUPOPERATIONS DIR.
Officer
40$71,042
CORY RICHARDSONDirector
Trustee or director
1$0
JOSEPH RAY HUGHES IIPresident
Trustee or director, Officer
1$0
ELISE KAILDirector
Trustee or director
1$0
DAVID POOLETreasurer
Trustee or director, Officer
1$0
KRYSTA HADLOCKDirector
Trustee or director
1$0
ADAM HERNANDEZDirector
Trustee or director
1$0
CHELSEA PERVIERDirector
Trustee or director
1$0
MEGHAN BERRYIMMED PAST PRES
Trustee or director, Officer
1$0
SUSANA NEALESecretary
Trustee or director, Officer
1$0
SPENCER BLAKEDirector
Trustee or director
1$0
LAURYN HENDRIXPRESIDENT ELECT
Trustee or director, Officer
1$0
ALEX HALEDirector
Trustee or director
1$0
KOBY WESTDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
3500 N A ST STE 1100, MIDLAND, TX 79705-3609
Principal officer (990 for 2024)
AUTUMN VEST, 3500 N A STREET 1100, MIDLAND, TX 79705
Signed the 990
AUTUMN VEST, EXECUTIVE DIR.
Phone
(432) 685-0400
Return prepared by
C Marc Martin CPA

Mission

MIDLAND SHARED SPACES ENHANCES NONPROFIT EFFICIENCY, PROVIDES AFFORDABLE WORKSPACE AND BACK OFFICE SERVICES AND FOSTERS COLLABORATIONS THAT BETTER SERVE THE NONPROFITS AND PEOPLE OF MIDLAND COUNTY.

990 for the year ended December 31, 2024

Program accomplishments

  • MIDLAND SHARED SPACES, INC. PROVIDES NONPROFIT ORGANIZATIONS IN MIDLAND COUNTY, TEXAS WITH MISSION-CRITICAL INFRASTRUCTURE, INCLUDING ADMINISTRATIVE OFFICES IN A CLASS A FACILITY AT A DISCOUNTED RATE. THE ORGANIZATION ALSO OFFERS SHARED SERVICES SUCH AS IT HARDWARE, NETWORK MANAGEMENT AND DEDICATED SUPPORT TO TENANT AGENCIES AND SELECT NONPROFITS OUTSIDE THE FACILITY. BY FOSTERING COLLABORATION AND SHARED RESOURCES, MIDLAND SHARED SPACES ENHANCES NONPROFIT EFFICIENCY AND SUSTAINABILITY.ANY annual deficit primarily REFLECTS non-cash depreciation, AND reserveS ARE MAINTAINED FOR facility UPKEEP and capital needs.
    Expenses $979,952

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-4737063
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
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,747,984
Income (IRS master file)
$1,280,285

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,235,023$1,353,388$7,747,984XML
990December 2023$1,296,087$1,475,246$7,973,029XML
990December 2022$981,926$2,425,070$8,019,333IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

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 45-4737063).

Questions about MIDLAND SHARED SPACES

What is the EIN of MIDLAND SHARED SPACES?
The employer identification number (EIN) of MIDLAND SHARED SPACES is 45-4737063.
Is MIDLAND SHARED SPACES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to MIDLAND SHARED SPACES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MIDLAND SHARED SPACES 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 MIDLAND SHARED SPACES 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 MIDLAND SHARED SPACES 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 MIDLAND SHARED SPACES?
The 990 for the year ended December 31, 2024 names AUTUMN VEST.
Who are the officers and directors of MIDLAND SHARED SPACES?
The 990 for the year ended December 31, 2024 lists 16 people; 3 received compensation from the organization, the highest $121,200 (AUTUMN VEST, EXECUTIVE DIR.).
How much revenue does MIDLAND SHARED SPACES have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,235,023, expenses of $1,353,388 and total assets of $7,747,984 at year end.

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