Medina Texas Development Corp in Medina, Texas (TX)

Medina Texas Development Corp
Employer Identification Number (EIN)	742530833
Name of Organization	Medina Texas Development Corp
Address	Medina, TX 78055
Tax Period	2006
Asset Amount	$28,634
Amount of Income	$1,554
Form 990 Revenue Amount	$1,554
National Taxonomy of Exempt Entities (NTEE)	Community Improvement, Capacity Building: Community, Neighborhood Development, Improvement (General)

Non-representatives - add comments:

Financial snapshot ($)

Revenue for 2006

Functional Expenses for 2006 ($)

Income-Producing Activities for 2006

	2000	2001	2002	2003	2004	2005	2006
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$48,595	$45,749	$37,072	$39,469	$41,737	$30,807	$1,554
Contributions, gifts, grants, and similar amounts received	$18,204	$19,948	$20,400	$17,200	$12,775	$12,225	$8,919
Contributions to donor advised funds							$0
Direct public support	$0	$0	$0	$0	$0	$0	$164
Indirect public support	$0	$0	$0	$0	$0	$0	$255
Government contributions (grants)	$0	$0	$0	$0	$0	$0	$8,500
Program service revenue including government fees and contracts	$0	$0	$0	$0	$0	$0	$0
Membership dues and assessments	$15,119	$15,728	$15,937	$19,507	$17,059	$12,513	$0
Interest on savings and temporary cash investments	$0	$0	$0	$0	$0	$0	$38
Dividends and interest from securities	$0	$0	$0	$0	$0	$0	$0
Net rental income or (loss)	$0	$0	$0	$0	$0	$0	$100
Gross rents	$0	$0	$0	$0	$0	$0	$100
Less: rental expenses	$0	$0	$0	$0	$0	$0	$0
Other investment income	$0	$0	$0	$0	$0	$0	$0
Gain or (loss) from sales of assets other than inventory	$0	$0	$0	$0	$0	$4,103	$-7,503
Gross amount from sales of assets other than inventory	$0	$0	$0	$0	$0	$0	$20,517
Less: cost or other basis and sales expenses	$0	$0	$0	$0	$0	$0	$28,020
Net income or (loss) from special events and activities	$13,558	$7,992	$-18	$2,494	$10,709	$1,667	$0
Gross revenue	$33,530	$31,059	$27,678	$26,570	$36,579	$27,882	$0
Less: direct expenses other than fundraising expenses	$19,972	$23,067	$27,696	$24,076	$25,870	$26,215	$0
Gross profit or (loss) from sales of inventory	$617	$694	$0	$0	$0	$0	$0
Gross sales of inventory, less returns and allowances	$767	$694	$0	$0	$0	$0	$0
Less: cost of goods sold	$150	$0	$0	$0	$0	$0	$0
Other revenue	$134	$274	$339	$70	$1,074	$142	$0
Total expenses	$44,160	$43,090	$42,940	$34,281	$60,641	$62,283	$5,234
Program services	$0	$0	$0	$0	$0	$0	$0
Management and general	$0	$0	$0	$0	$0	$0	$5,234
Fundraising	$0	$0	$0	$0	$0	$0	$0
Payments to affiliates	$0	$0	$0	$0	$0	$0	$0
Net assets or fund balances at end of year	$96,073	$98,732	$92,864	$98,052	$79,148	$28,634	$0
Excess or (deficit) for the year	$4,435	$2,659	$-5,868	$5,188	$-18,904	$-31,476	$-3,680
Net assets or fund balances at beginning of year	$90,594	$96,073	$98,732	$92,864	$98,052	$79,148	$28,634
Other changes in net assets or fund balances	$1,044	$0	$0	$0	$0	$-19,038	$-24,954

	Total	Program services	Management and general	Fundraising
Statement of Functional Expenses (for 2006)
Total functional expenses	$5,234	$0	$5,234	$0
Grants paid from donor advised funds		$0
Other grants and allocations		$0
Specific assistance to individuals		$0
Benefits paid to or for members		$0
Compensation of current officers, directors, key employees, etc.	$0	$0	$0	$0
Compensation of former officers, directors, key employees, etc.	$0	$0	$0	$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)	$0	$0	$0	$0
Salaries and wages of employees not included above	$210	$0	$210	$0
Pension plan contributions not included above	$0	$0	$0	$0
Employee benefits not included above	$0	$0	$0	$0
Payroll taxes	$16	$0	$16	$0
Professional fundraising fees	$0	$0	$0	$0
Accounting fees	$0	$0	$0	$0
Legal fees	$0	$0	$0	$0
Supplies	$70	$0	$70	$0
Telephone	$547	$0	$547	$0
Postage and shipping	$25	$0	$25	$0
Occupancy	$767	$0	$767	$0
Equipment rental and maintenance	$0	$0	$0	$0
Printing and publications	$91	$0	$91	$0
Travel	$0	$0	$0	$0
Conferences, conventions, and meetings	$0	$0	$0	$0
Interest	$0	$0	$0	$0
Depreciation, depletion, etc.	$2,262	$0	$2,262	$0
Other expenses not covered above	$1,246	$0	$1,246	$0

	2000	2001	2002	2003	2004	2005	2006
Balance Sheets
Total assets	$96,073	$98,732	$112,470	$113,052	$89,853	$38,870	$0
Cash - non-interest-bearing	$0	$0	$0	$0	$0	$0	$0
Savings and temporary cash investments	$0	$0	$0	$0	$0	$0	$0
Accounts receivable less allowance for doubtful accounts	$0	$0	$0	$0	$0	$0	$0
Pledges receivable less allowance for doubtful accounts	$0	$0	$0	$0	$0	$0	$0
Grants receivable	$0	$0	$0	$0	$0	$0	$0
Receivables from current and former officers, directors, trustees, and key employees	$0	$0	$0	$0	$0	$0	$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)							$0
Other notes and loans receivable less allowance for doubtful accounts	$0	$0	$0	$0	$0	$0	$0
Inventories for sale or use	$0	$0	$0	$0	$0	$0	$0
Prepaid expenses and deferred charges	$0	$0	$0	$0	$0	$0	$0
Investments - publicly-traded securities							$0
Investments - other securities	$0	$0	$0	$0	$0	$0	$0
Investments - land, buildings, and equipment less accumulated depreciation	$0	$0	$0	$0	$0	$0	$0
Investments - other	$0	$0	$0	$0	$0	$0	$0
Land, buildings, and equipment less accumulated depreciation	$34,574	$35,039	$65,811	$65,005	$64,199	$28,793	$0
Other assets, including program-related investments	$0	$0	$0	$0	$0	$0	$0
Total liabilities	$0	$0	$19,606	$15,000	$10,705	$10,236	$0
Accounts payable and accrued expenses	$0	$0	$0	$0	$0	$0	$0
Grants payable	$0	$0	$0	$0	$0	$0	$0
Deferred revenue	$0	$0	$0	$0	$0	$0	$0
Loans from officers, directors, trustees, and key employees	$0	$0	$0	$0	$0	$0	$0
Tax-exempt bond liabilities	$0	$0	$0	$0	$0	$0	$0
Mortgages and other notes payable	$0	$0	$0	$0	$0	$0	$0
Other liabilities	$0	$0	$0	$0	$0	$0	$0
Total liabilities and net assets/fund balances	$0	$0	$0	$0	$0	$0	$0
Total net assets or fund balances	$96,073	$98,732	$92,864	$98,052	$79,148	$28,634	$0

	2000	2001	2002	2003	2004	2005	2006
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
Total revenue	$0	$0	$0	$0	$0	$0	$0
Total revenue, gains, and other support per audited financial statements	$0	$0	$0	$0	$0	$0	$0
Other expenses	$0	$0	$0	$0	$0	$0	$0
Net unrealized gains on investments	$0	$0	$0	$0	$0	$0	$0
Donated services and use of facilities	$0	$0	$0	$0	$0	$0	$0
Recoveries of prior year grants	$0	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0	$0
Other revenue	$0	$0	$0	$0	$0	$0	$0
Investment expenses	$0	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0	$0

	2000	2001	2002	2003	2004	2005	2006
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
Total expenses	$0	$0	$0	$0	$0	$0	$0
Total expenses and losses per audited financial statements	$0	$0	$0	$0	$0	$0	$0
Other revenue	$0	$0	$0	$0	$0	$0	$0
Donated services and use of facilities	$0	$0	$0	$0	$0	$0	$0
Prior year adjustments	$0	$0	$0	$0	$0	$0	$0
Losses	$0	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0	$0
Other expenses	$0	$0	$0	$0	$0	$0	$0
Investment expenses	$0	$0	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0	$0	$0

Current Officers, Directors, Trustees, and Key Employees

Total number of officers, directors, and trustees permitted to vote on organization business at board meetings	4
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?	No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?	No
Does the organization have a written conflict of interest policy?	No

Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?	No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?	Yes
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?	No
Direct and indirect political expenditures	$0
Did the organization file Form 1120-POL for this year?	No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members	$0
Section 162(e) lobbying and political expenditures	$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices	$0
Taxable amount of lobbying and political expenditures	$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?	No
Amount of tax imposed on the organization during the year under: section 4911	$0
Amount of tax imposed on the organization during the year under: section 4912	$0
Amount of tax imposed on the organization during the year under: section 4955	$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?	No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958	$0
Amount of tax above, reimbursed by the organization	$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?	No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?	No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?	No
Number of employees employed in the pay period that includes March 12, 2006	0

	Unrelated business income		Excluded by section 512, 513, or 514		Related or exempt function income
Analysis of Income-Producing Activities (for 2006)
	Business code	Amount	Exclusion code	Amount	Related or exempt function income
Total		$-7,365		$0	$0
Program service revenue
Program service revenue 1	000000	$0	00	$0	$0
Program service revenue 2	000000	$0	00	$0	$0
Program service revenue 3	000000	$0	00	$0	$0
Program service revenue 4	000000	$0	00	$0	$0
Program service revenue 5	000000	$0	00	$0	$0
Medicare/Medicaid payments	000000	$0	00	$0	$0
Fees and contracts from government agencies	000000	$0	00	$0	$0
Membership dues and assessments	000000	$0	00	$0	$0
Interest on savings and temporary cash investments	Passive income activities with controlled organizations	$38	00	$0	$0
Dividends and interest from securities	000000	$0	00	$0	$0
Net rental income or (loss) from real estate
debt-financed property	000000	$0	00	$0	$0
not debt-financed property	000000	$0	00	$0	$0
Net rental income or (loss) from personal property	Rental of personal property	$100	00	$0	$0
Other investment income	000000	$0	00	$0	$0
Gain or (loss) from sales of assets other than inventory	999999	$-7,503	00	$0	$0
Net income or (loss) from special events	000000	$0	00	$0	$0
Gross profit or (loss) from sales of inventory	000000	$0	00	$0	$0
Other revenue	000000	$0	00	$0	$0

EIN of corporation, partnership, or disregarded entity	Percentage of ownership interest	Total income	End-of-year assets
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2006)
	0%	$0	$0
	0%	$0	$0
	0%	$0	$0
	0%	$0	$0

Compensation	Contributions to employee benefit plans & deferred compensation	Expense account and other allowances
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2006)
$0	$0	$0
$0	$0	$0
$0	$0	$0
$0	$0	$0
$0	$0	$0

Total number of other employees paid over $50,000	0

Total number of other employees paid over $50,000

Statements About Activities (for 2006)
Expenses paid or incurred in connection with the lobbying activities	$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?	No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?	No
Did the organization maintain any donor advised funds?	No
Did the organization make any taxable distributions under section 4966?	No
Did the organization make a distribution to a donor, donor advisor, or related person?	No
The total number of donor advised funds owned at the end of the tax year	$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year	$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts	$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year	$0

Reason for Non-Private Foundation Status
The organization is not a private foundation because it is	Organization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees

	1999	2000	2001	2002	2003	2004	2005
Support Schedule
Total	$61,078	$68,363	$68,816	$64,768	$63,545	$57,966	$53,319
Gifts, grants, and contributions received	$12,600	$18,204	$19,948	$20,400	$17,200	$12,775	$12,225
Membership fees received	$12,862	$15,119	$15,728	$15,937	$19,507	$17,059	$12,913
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose	$34,194	$34,077	$32,027	$28,017	$26,640	$28,012	$28,024
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975	$1,422	$963	$1,113	$414	$198	$120	$157
Net income from unrelated business activities not included above	$0	$0	$0	$0	$0	$0	$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf	$0	$0	$0	$0	$0	$0	$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge	$0	$0	$0	$0	$0	$0	$0
Other income	$0	$0	$0	$0	$0	$0	$0

Lobbying Expenditures by Electing Public Charities (for 2006)
Total exempt purpose expenditures	$0
Total lobbying expenditures	$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)	$0
Total lobbying expenditures to influence a legislative body (direct lobbying)	$0
Other exempt purpose expenditures	$0
Lobbying nontaxable amount	$0
Grassroots nontaxable amount	$0

Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review

Would you recommend Medina Texas Development Corp to others? (optional)

Yes

Add photo of Medina Texas Development Corp (optional)

About You

Your nickname:
I have read, and agree to the Terms of Service

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

	Log in» \| Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
	Show my IP address (3.142.40.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
Abundant Grace Praise & Worship Church in Houston, TX
Aglow International, 2010896 San Angelo Tx Community Lighthouse Aglow Intl San Angelo Tx in San Angelo, TX
Bob And Dani Muckleroy Foundation in Ovilla, TX
New Beginnings House Of Prayer in Galena Park, TX
Labor Of Faith Inc in Pearland, TX
Vandemataram Foundation Usa Inc in Lewisville, TX
Pathways Core Training Inc in Irving, TX
Mount Sinai Grand Lodge Community Foundation in Houston, TX
Pogue Family Missions Society in Mckinney, TX
United Christian Services Inc in Hemphill, TX

Recently Added Reviews

Abundant Grace Praise & Worship Church in Houston, TX

Aglow International, 2010896 San Angelo Tx Community Lighthouse Aglow Intl San Angelo Tx in San Angelo, TX

Bob And Dani Muckleroy Foundation in Ovilla, TX

New Beginnings House Of Prayer in Galena Park, TX

Labor Of Faith Inc in Pearland, TX

Vandemataram Foundation Usa Inc in Lewisville, TX

Pathways Core Training Inc in Irving, TX

Mount Sinai Grand Lodge Community Foundation in Houston, TX

Pogue Family Missions Society in Mckinney, TX

United Christian Services Inc in Hemphill, TX

Id	Name	Address	State	Established	Total Income
Other organizations in Texas
1	Council For South Texas Economic Progress	200 S 10th St Ste 502, Mcallen, TX 78501-7930	TX	1972-03	$6,489,682
2	Economic Development Foundation Of Brenham Inc	314 S Austin St, Brenham, TX 77833-3614	TX	1957-04	$139,650
3	Leadership Houston Endowment Inc	2909 Hillcroft, Houston, TX 77057-5847	TX	2001-11	$62,984
4	Operation Homefront Inc	1355 Central Pkwy North Ste 100, San Antonio, TX 78232	TX	2005-12	$74,846,991
5	Uco Inc	PO BOX 1351, Del Rio, TX 78841-1351	TX	2002-04	$647,393
6	Civic Development Inc, Performing Arts Of Weatherford	PO BOX 1055, Weatherford, TX 76086-1055	TX	1974-08	$475,899
7	First Colony Community Services Association Inc	4350 Austin Pkwy, Sugar Land, TX 77479-2142	TX	1991-02	$10,861,492
8	Heritage Park Cia	17049 El Camino Real Ste 100, Houston, TX 77058-2611	TX	1998-12	$450,337
9	Horizon Communities Improvement Association Inc	14200 Ashford No 2, Horizon City, TX 79928-6552	TX	1969-07	$445,901
10	Lakewest Revitalization Foundation Inc	3939 N Hampton Rd, Dallas, TX 75212-1630	TX	1993-08	$1,149,679
11	Medina Texas Development Corp	Medina, TX 78055	TX		$1,554
12	Woodland Trails North Community Improvement Association	9700 Richmond Ave Ste 230, Houston, TX 77042-4630	TX	1987-04	$190,800
13	Woodforest Civic Association Inc	314 Freeport St, Houston, TX 77015-2311	TX	1963-12	$938,678
14	Market Lubbock Economic Development Corporation	1500 Broadway Ste 600, Lubbock, TX 79401-3100	TX	1999-04	$6,821,251
15	Avenida Guadalupe Association	1313 Guadalupe St Ste 100, San Antonio, TX 78207-5547	TX	1986-05	$1,330,859
16	Corpus Christi Area Convention And Tourist Bureau Inc	101 N Shoreline Blvd Ste 430, Crp Christi, TX 78401-2825	TX	1957-08	$4,926,921
17	Destination League City Convention And Visitors Corporation	300 W Walker St, League City, TX 77573-3837	TX	1996-02	$330,303
18	Economic Development Corporation Of Weslaco	275 S Kansas Ste A, Weslaco, TX 78596-6158	TX	1992-03	$4,909,257
19	Edinburg Economic Development Corporation	PO BOX 1079, Edinburg, TX 78540-1079	TX	1992-04	$5,053,570
20	Fort Worth Convention And Visitors Bureau	111 W 4th St Ste 200, Fort Worth, TX 76102-3974	TX	1987-07	$9,441,434

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Medina Texas Development Corp and has no official or unofficial affiliation with Medina Texas Development Corp