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Midland Parker Place Inc

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

EIN: 752639726 ✦ Midland, TX ✦ Designated as a 501(c)(3)

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Overview

What is Midland Parker Place Inc?

Midland Parker Place Inc is a nonprofit organization situated in Midland, Texas, with an address at 508 East Parker Ave. Their primary mission is to offer subsidized housing for the elderly, specifically individuals aged 62 and above. With 40 available one-bedroom apartments, they aim to provide affordable living options for this age group. The housing initiative is supported by the United States Department of Housing and Urban Development (HUD). The organization is staffed by a modest team of two individuals, working diligently to uphold their mission.

Is Midland Parker Place Inc legitimate?

Midland Parker Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midland Parker Place Inc 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: $36,884
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Midland Parker Place Inc?

Midland Parker Place Inc, as a organization, is dedicated to providing subsidized housing for the elderly. This mission is supported by the United States Department of HUD. They offer 40 one-bedroom apartments specifically designed for individuals aged 62 and above, who fall under the low-income category. The primary focus of Midland Parker Place Inc is to ensure that elderly individuals have access to affordable housing, thereby contributing to their overall well-being.

Who is the CEO of Midland Parker Place Inc?

Charlene Romero Mcbride is the Ed of Midland Parker Place Inc.

What is the revenue of Midland Parker Place Inc?

Midland Parker Place Inc's revenue in 2022 was $278,807.

Who are the executives of Midland Parker Place Inc and what are their salaries?

The average compensation at Midland Parker Place Inc during 2022 was $18,442. There are 2 employees at Midland Parker Place Inc.


Here are 8 key members and their salaries:


Maribel Estrella (Ed)
  • Compensation: $35,904
  • Related: $0
  • Other: $0
Charlene Romero Mcbride (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Diaz (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Stone (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Billy Ashley (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jody Sneed (Treasure)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricardo Torres (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrian Urquidi (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Midland Parker Place Inc?

Midland Parker Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Midland Parker Place Inc

Midland Parker Place Inc, a nonprofit organization, is dedicated to providing subsidized housing for the elderly. Specifically, they offer 40 one-bedroom apartments designed for individuals aged 62 and above. This housing is made possible through the support of the United States Department of Housing and Urban Development (HUD). The mission of Midland Parker Place Inc is to ensure that elderly individuals who may have limited income can still access safe and comfortable living spaces, thereby enhancing their overall quality of life.

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Impact




October, 2024

Midland Parker Place Inc significantly impacts the Midland, TX community by addressing the housing needs of low-income elderly individuals aged 62 and over. With 40 one-bedroom apartments available, the organization offers a vital resource for seniors seeking affordable living options. By providing subsidized housing, Midland Parker Place Inc alleviates financial burdens on elderly residents, enhancing their quality of life and stability. This support fosters a sense of community among residents, allowing them to thrive in a secure environment designed for their unique needs. The organization's mission to provide safe and affordable housing contributes to the overall well-being of elderly residents, helping them maintain independence and dignity in their later years.




This information is meant to be a general summary of Midland Parker Place Inc. 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
$278,807 (2022)
Expenses
$313,207 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $276
  • Program Service Revenue: $92,246
  • Gross Receipts: $278,807

Assets and Liabilities:

  • Total Assets: $741,966
  • Total Liabilities: $1,950,064
  • Net Assets: -$1,208,098

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Programs

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

RENT REVENUE

Revenue

$92,246

Organization Details

Founding Year

1997

Principal Officer

Charlene Romero Mcbride

Main Address

508 EAST PARKER AVE, MIDLAND, TX, 79701

NTEE Category

Code: L22Z - Housing

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