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Mcmullen Co Community Development Corp

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030460207 ✦ Tilden, TX ✦ Designated as a 501(c)(3)

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Overview

What is Mcmullen Co Community Development Corp?

McMullen Co Community Development Corp is a nonprofit organization situated in Tilden, Texas. Their primary focus lies in managing the Community Center within the locality and providing housing facilities for the community. The organization's activities are centered around operating the Community Center, which serves as a central hub for the community, and ensuring the provision of housing for its residents. The mission of McMullen Co Community Development Corp is to contribute positively to the community by maintaining the Community Center and offering housing solutions to its members.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: Needs Improvement - Two-Star out of Four Stars (67%)

The Mcmullen Co Community Development Corp has received a two-star rating from Charity Navigator, indicating areas that require improvement, particularly in financial transparency and governance practices. While the organization boasts a fully independent board of members, which is a significant strength, it falls short in providing essential financial statements and maintaining critical policies such as conflict of interest and whistleblower protections.

Financially, the organization has a strong program expense ratio of 100%, suggesting that all expenditures are directed towards its programs. However, the absence of financial documentation and transparency raises concerns about accountability. The organization also lacks a website, as mentioned in its tax form, which may hinder its ability to communicate effectively with stakeholders and the public.

Overall, while Mcmullen Co Community Development Corp demonstrates a commitment to its mission through program-focused spending, its governance and financial reporting practices need substantial enhancements to improve its overall accountability and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Mcmullen Co Community Development Corp legitimate?

Mcmullen Co Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcmullen Co Community Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,400

For more financial information, click here

What is the mission statement of Mcmullen Co Community Development Corp?

The McMullen Co Community Development Corp is dedicated to serving its community by managing the operations of a Community Center and providing housing solutions. Their mission is to ensure the Community Center in Tilden, TX, functions effectively, and they offer housing opportunities for the community members. The organization's activities encompass running and maintaining the Community Center to cater to the community's needs.

Who is the CEO of Mcmullen Co Community Development Corp?

Warren Wheeler is the President of Mcmullen Co Community Development Corp.

What is the revenue of Mcmullen Co Community Development Corp?

Mcmullen Co Community Development Corp's revenue in 2022 was $1,061,550.

Who are the executives of Mcmullen Co Community Development Corp and what are their salaries?

The average compensation at Mcmullen Co Community Development Corp during 2022 was $10,400. There is 1 employee and 10 volunteers at Mcmullen Co Community Development Corp.


Here are 3 key members and their salaries:


Carol Harris (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Wheeler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Donnell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mcmullen Co Community Development Corp?

Mcmullen Co Community Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mcmullen Co Community Development Corp

McMullen Co Community Development Corp is dedicated to serving its community by operating a Community Center and providing housing options. The organization's mission is twofold, encompassing both the operation of the Community Center and the provision of housing solutions. Located in Tilden, TX, McMullen Co Community Development Corp's programs oversee the Community Center, which serves as a communal space for the neighborhood. Beyond the Community Center, the corporation also offers housing opportunities to its community members.

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Impact




July, 2024

Mcmullen Co Community Development Corp's impact can be seen in the positive changes it has brought to the community of Tilden, TX. Through its operations of the Community Center and provision of housing, the organization has significantly contributed to the improvement of the community. Its programs and services have created a space for residents to gather, connect, and access essential resources, ultimately enhancing the overall quality of life in Tilden.




This information is meant to be a general summary of Mcmullen Co Community Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,061,550 (2022)
Expenses
$407,921 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $14,957
  • Gross Receipts: $1,061,550

Assets and Liabilities:

  • Total Assets: $1,461,953
  • Total Liabilities: $0
  • Net Assets: $1,461,953

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Community Center

Revenue

$14,957

Organization Details

Founding Year

2011

Principal Officer

Warren Wheeler

Main Address

PO Box 103, Tilden, TX, 78072

NTEE Category

Code: S30 - Community improvement

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