Wtfb Mid County
- Assets
- $5.3m
- Revenue
- $70.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Odessa, TX
- Founding
- 08/2016
- Data as of
- 09/2021
- EIN
- 81-3011126
Organization Overview
Wtfb Mid County is located in Odessa, TX. The organization was established in 2016. According to its NTEE Classification (K19) the organization is classified as: Support N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wtfb Mid County is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A SUPPORTING ORGANIZATION FORMED TO DEVELOP AND LEASE PROPERTY TO THE WEST TEXAS FOOD BANK. THIS WAS DONE THROUGH A COMBINATION OF DONATIONS AND NEW MARKET TAX CREDIT BORROWINGS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DEVELOPED AND LEASES THE MIDLAND FACILITY LOCATED AT 1601 WESTCLIFF DRIVE, MIDLAND, TEXAS 79703 TO THEIR SUPPORTED ORGANIZATION, WEST TEXAS FOOD BANK. THIS WAS ACCOMPLISHED THROUGH A CAPITAL CAMPAIGN BY THE FOOD BANK AND BORROWINGS OBTAINED THROUGH THE NEW MARKET TAX CREDIT PROGRAM IN COMPLIANCE WITH IRC SECTION 45D. THE ORGANIZATION LEASES THE FACILITY TO THE FOOD BANK.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joey Ruiz Treasurer | OfficerTrustee | 10 | $0 |
Wade Kuehler President | OfficerTrustee | 1 | $0 |
Ashlee Thompson Secretary | OfficerTrustee | 1 | $0 |
Raymond Chavez Director | Trustee | 1 | $0 |
Chris Garrett Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cooper Construction Construction | 9/29/17 | $1,103,770 |
Axium Solar Solar Panels | 9/29/17 | $135,914 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $70,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $70,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $36,886 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,280 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $59,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $163,579 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $261,745 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,694 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,102,721 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,250,415 |
| Accounts payable and accrued expenses | $26,886 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,507,653 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,534,539 |
| Net assets without donor restrictions | -$284,124 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,250,415 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wtfb Mid County has recieved totaling $885,000.
| Awarding Organization | Amount |
|---|---|
West Texas Food Bank Odessa, TX PURPOSE: Develop property for Midland facility | $885,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Regional Food Bank Of Oklahoma Oklahoma City, OK | $36,553,416 | $95,465,627 |
Arkansas Foodbank Little Rock, AR | $47,278,438 | $77,056,915 |
Mississippi Food Network Inc Jackson, MS | $23,144,263 | $77,392,396 |
Community Food Bank Of Eastern Oklahoma Inc Tulsa, OK | $69,259,421 | $97,549,817 |
Care And Share Inc Colorado Springs, CO | $21,708,396 | $54,268,690 |
Food Bank Of The Rio Grande Valley Inc McAllen, TX | $25,577,096 | $58,037,752 |
The Food Bank For Central & Northeast Missouri Inc Columbia, MO | $22,373,866 | $57,336,993 |
Ozarks Food Harvest Inc Springfield, MO | $24,677,730 | $55,346,223 |
Regional East Texas Food Bank Tyler, TX | $32,550,822 | $58,808,251 |
Greater Baton Rouge Food Bank Inc Baton Rouge, LA | $22,656,649 | $36,802,762 |
Colorado Cattlemens Agricultural Land Trust Arvada, CO | $11,768,539 | $41,190,527 |
Second Harvest Food Bank Of East Tennessee Maryville, TN | $28,785,775 | $40,115,958 |