Public Charity

MIDLANDS LATINO COMMUNITY DEVELOPMENT CORPORATION

Based in OMAHA, NE, MIDLANDS LATINO COMMUNITY DEVELOPMENT CORPORATION operates as a Public Charity. The organization reported $569K in revenue, $599K in expenses, $943K in total assets for fiscal year 2024. Imperigo tracks 17 reported grant relationships connected to this organization totaling approximately $688K.

EIN: 141973678 OMAHA, NE Urban & Community Economic Development NTEE: S31 Latest filing: 2024
Total Revenue$569K
Total Expenses$599K
Total Assets$943K
Grant Records17
Funding Total$688K
Filing Years2019–2024

Mission

TO PREPARE ENTREPRENEURS FOR SUCCESS THROUGH TRAINING, EDUCATION, AND ACCESS TO CAPITAL.

Where $100 goes at Midlands Latino Community Development Corporation

How Midlands Latino Community Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$73 Programs the work itself
$20 Management running the organization
$7 Fundraising raising the next dollar

Inside the $73 for programs

$34
Entrepreneurshipmlcdc provided business planning, business administration training, and technical assistance to 180 students enrolled in the business plan class
47% of program spending · Reported in the filing: 180 students; 1,050 hours of technical; 241 businesses
$20
Financial stability mlcdc provided financial education and training in spanish, english, and arabic, both virtually and in person
27% of program spending · Reported in the filing: 305 individuals; 55 individuals; 550 hours of follow-up
$19
Lendingmlcdc continued to provide loan servicing for five microbusiness loans in the greater Omaha area, which have retained 27 jobs since 2021
About 26% (cost not reported) · Reported in the filing: 27 jobs
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Carol Russell
DIRECTOR Corey Steen
BOARD VICE CHAIR Esmeralda Ramos
EXECUTIVE DIRECTOR Juan Montoya
TREASURER Liliana Marquez
BOARD CHAIR Matt Lindell

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$290,000 7 grants
Economic Development
$96,250 5 grants
Education
$20,000 1 grant
Unspecified
$281,730 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $569K $599K $943K
2023 $484K $528K $755K
2022 $526K $489K $1.3M
2020 $206K $297K $1.2M
2019 $345K $347K $1.3M

Between 2019 and 2024, reported annual revenue grew from $345K to $569K (+65%), with total assets most recently reported at $943K.

Interactive year-over-year charts and full filing details available with membership.

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