Civic Intelligence

Midlands Latino Community Development Corp

EIN 14-1973678 • 501(c)3 • Omaha, NE

Profile

COMMUNITY DEVELOPMENT

4923 S 24th Street Suite 201Omaha, NE 68107

www.midlandslatinocdc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

84th percentile

0.43x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

0.72x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

30th percentile

-5.3%

Higher net margin than 30% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

80th percentile

25%

Faster asset growth than 80% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

18%

Faster revenue growth than 65% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$943,261

Up $187,877 (+25%) from 2023

Liabilities

Up

$408,166

Up $218,279 (+115%) from 2023

Net Assets

Down

$535,095

Down $30,402 (-5.4%) from 2023

Operations
Liabilities / Revenue90th percentileNet Margin30th percentile

Revenue

Up

$569,089

Up $85,537 (+18%) from 2023

Expenses

Up

$599,491

Up $71,063 (+13%) from 2023

Net Income

Up

-$30,402

Up $14,474 (+32%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth80th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2010: $75,187Liabilities 2010: $33,700Net Assets 2010: $41,4872010Assets 2011: $93,645Liabilities 2011: $47,276Net Assets 2011: $46,3692011Assets 2012: $87,951Liabilities 2012: $41,016Net Assets 2012: $46,9352012Assets 2013: $98,695Liabilities 2013: $54,364Net Assets 2013: $44,3312013Assets 2014: $151,475Liabilities 2014: $85,405Net Assets 2014: $66,0702014Assets 2015: $157,004Liabilities 2015: $68,300Net Assets 2015: $88,7042015Assets 2016: $1,069,422Liabilities 2016: $136,775Net Assets 2016: $932,6472016Assets 2017: $1,091,653Liabilities 2017: $120,153Net Assets 2017: $971,5002017Assets 2018: $1,305,805Liabilities 2018: $117,960Net Assets 2018: $1,187,8452018Assets 2019: $1,291,686Liabilities 2019: $105,693Net Assets 2019: $1,185,9932019Assets 2020: $1,220,051Liabilities 2020: $124,234Net Assets 2020: $1,095,8172020Assets 2021: $1,200,181Liabilities 2021: $107,411Net Assets 2021: $1,092,7702021Assets 2022: $1,341,477Liabilities 2022: $212,391Net Assets 2022: $1,129,0862022Assets 2023: $755,384Liabilities 2023: $189,887Net Assets 2023: $565,4972023Assets 2024: $943,261Liabilities 2024: $408,166Net Assets 2024: $535,0952024

Highlighted filing

2024

Assets$943,261
Liabilities$408,166
Net Assets$535,095
Open 2024 Filing

Operations Trend

Revenue Growth65th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2010: $118,322Expenses 2010: $119,692Net Income 2010: -$1,3702010Revenue 2011: $150,540Expenses 2011: $145,658Net Income 2011: $4,8822011Revenue 2012: $114,080Expenses 2012: $113,514Net Income 2012: $5662012Revenue 2013: $120,115Expenses 2013: $122,719Net Income 2013: -$2,6042013Revenue 2014: $144,645Expenses 2014: $122,906Net Income 2014: $21,7392014Revenue 2015: $152,001Expenses 2015: $126,378Net Income 2015: $25,6232015Revenue 2016: $898,104Expenses 2016: $152,687Net Income 2016: $745,4172016Revenue 2017: $260,202Expenses 2017: $221,349Net Income 2017: $38,8532017Revenue 2018: $464,358Expenses 2018: $248,013Net Income 2018: $216,3452018Revenue 2019: $344,941Expenses 2019: $346,793Net Income 2019: -$1,8522019Revenue 2020: $206,455Expenses 2020: $296,631Net Income 2020: -$90,1762020Revenue 2021: $446,570Expenses 2021: $407,117Net Income 2021: $39,4532021Revenue 2022: $525,791Expenses 2022: $489,277Net Income 2022: $36,5142022Revenue 2023: $483,552Expenses 2023: $528,428Net Income 2023: -$44,8762023Revenue 2024: $569,089Expenses 2024: $599,491Net Income 2024: -$30,4022024

Highlighted filing

2024

Revenue$569,089
Expenses$599,491
Net Income-$30,402
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$943,261
Liabilities
$408,166
Net assets
$535,095
Revenue
$569,089
Expenses
$599,491
Net income
-$30,402
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.41$0.54$0.57$0.60$0.03
2023Summary only. Only limited summary data is available for this year.$0.76$0.19$0.57$0.48$0.53$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$0.21$1.13$0.53$0.49$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.11$1.09$0.45$0.41$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.12$1.10$0.21$0.30$0.09
2019Summary only. Only limited summary data is available for this year.$1.29$0.11$1.19$0.34$0.35$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.12$1.19$0.46$0.25$0.22
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.12$0.97$0.26$0.22$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.14$0.93$0.90$0.15$0.75
2015Detailed filing. Detailed filing data is available for this year.$0.16$0.07$0.09$0.15$0.13$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.15$0.09$0.07$0.14$0.12$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.10$0.05$0.04$0.12$0.12$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.04$0.05$0.11$0.11$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.05$0.05$0.15$0.15$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.03$0.04$0.12$0.12$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$569,089
Mission and Program Overview

Mission

Mlcdc provides low income communities with opportunities to generate economic growth by providing financing products, development services, and community development that advances their ability to develop a sustainable future in the midlands.mlcdc is a non-profit organization that provides top quality service to all its clients. The top programs the organization provides to the community are: business development, childcare creation, financial capability and access to capital. Mlcdc is a certified community development financial institution (cdfi). We have been serving the community for about 10 years with these programs.

To prepare entrepreneurs for success through training, education, and access to capital.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$510,687$763,817▲ $253,130
Other Notes and Loans Receivable, Net$96,598$76,066▼ $20,532
Land, Buildings, and Equipment, Net$31,107$22,910▼ $8,197
Pledges and Grants Receivable$20,143$13,070▼ $7,073
Prepaid Expenses and Deferred Charges$850--
Total Assets$755,384$943,261▲ $187,877
Other Assets Total$95,999$67,398▼ $28,601
Liabilities
Deferred Revenue-$256,478-
Other Liabilities$95,011$66,498▼ $28,513
Mortgage Notes Payable Secured by Investment Property$50,000$50,000→ $0
Accounts Payable and Accrued Expenses$44,876$35,190▼ $9,686
Total Liabilities$189,887$408,166▲ $218,279
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$324,612$288,343▼ $36,269
Net Assets With Donor Restrictions$240,885$246,752▲ $5,867
Total Net Assets Fund Balance$565,497$535,095▼ $30,402
Total Liabilities and Net Assets / Fund Balance$755,384$943,261▲ $187,877

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,910$18,545$41,455
Other Assets Org$64,998--
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Juan MontoyaExecutive DirectorFT$112,800$112,800

Board Members and Trustees

NameTitle
Matt LindellBoard Chair
Esmeralda RamosBoard Vice Chair
Carol RussellDirector
Corey SteenDirector
Michelle JohnsonDirector
Sarah KoleySecretary
Liliana MarquezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$542,121
Program Service Revenue
$26,934
Investment Income
$0
Other Revenue
$34
All Other Contributions
$384,298
Change in Net Assets
$-30,402

Audited Revenue Reconciliation

Revenue per Audited Statements
$569,089
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$569,089
Total Revenue per Form 990
$569,089
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$325,629
Other Expenses$273,862
Total Fundraising Expense$32,617
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$233,839$54,664$15,184$303,687
Fees for Services Other$83,139$8,121$13,055$104,315
Advertising$24,000$2,595-$26,595
Payroll Taxes$16,895$3,950$1,097$21,942
Fees for Services Accounting$308$19,534-$19,842
Conferences and Meetings-$12,942-$12,942
Depreciation Depletion-$8,197-$8,197
Travel-$5,646-$5,646
Interest-$2,778-$2,778
Other Expenses$506$1,299$118$1,805
Insurance-$1,417-$1,417
Total Functional Expenses$425,584$141,290$32,617$599,491

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$599,491
Total Expenses per Audited Statements$599,491
Total Expenses per Form 990$599,491
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$66,498
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The organization's treasurer presents a copy of the form 990 to the board of directors for their review and acceptance prior to filing the return with the irs.”

Form 990, Part VI, Section B, Line 15

“Annually, the board of directors reviews and approves the executive director's compensation package based on comparably sized organizations.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Midlands Latino Community Development
EIN
14-1973678
Phone
4029959623
Address
4923 S 24TH STREET SUITE 201, OMAHA, NE 68107
Doing Business As
La Fuente Business Center

Signing Officer

Name
Matt Lindell
Title
Board President
Phone
4029959623
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Lindell
Formed
2006
Legal Domicile
Ne
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
0

Preparer

Firm
Hayes & Associates LLC
Address
13120 PIERCE ST SUITE 201, OMAHA, NE 68144
Preparer
Frank Hayes
Phone
4023902480
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Staffing: program service expenses 83,139. Management and general expenses 8,121. Fundraising expenses 13,055. Total expenses 104,315.”

Part XII, Line 2C

“Process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The corporation is exempt from income taxes under section 501(c)(3) of the internal revenue code. Accordingly, no income taxes are included in these financial statements. The corporation has also been classified as an entity that is not a private foundation within the meaning of section 509(a) and qualifies for deductible contributions as provided in section 170(b)(1)(a)(vi). The corporation believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The corporation's federal returns of organizations exempt from income tax (form 990) are subject to examination by the irs, generally for three years after they were filed.”

Raw XML AppendixShowing 400 of 424 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt044876
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt035190
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PREPARE ENTREPRENEURS FOR SUCCESS THROUGH TRAINING, EDUCATION, AND ACCESS TO CAPITAL.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02595
IRS990/AdvertisingGrp/ProgramServicesAmt024000
IRS990/AdvertisingGrp/TotalAmt026595
IRS990/AllOtherContributionsAmt0384298
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JUAN MONTOYA
IRS990/BooksInCareOfDetail/PhoneNum04029959623
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04923 S 24TH STREET SUITE 201
IRS990/BooksInCareOfDetail/USAddress/CityNm0OMAHA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NE
IRS990/BooksInCareOfDetail/USAddress/ZIPCd068107
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0510687
IRS990/CashNonInterestBearingGrp/EOYAmt0763817
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt012942
IRS990/ConferencesMeetingsGrp/TotalAmt012942
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0542121
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0273862
IRS990/CYOtherRevenueAmt034
IRS990/CYProgramServiceRevenueAmt026934
IRS990/CYRevenuesLessExpensesAmt0-30402
IRS990/CYSalariesCompEmpBnftPaidAmt0325629
IRS990/CYTotalExpensesAmt0599491
IRS990/CYTotalFundraisingExpenseAmt032617
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0569089
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/EOYAmt0256478
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt08197
IRS990/DepreciationDepletionGrp/TotalAmt08197
IRS990/Desc0FINANCIAL STABILITY MLCDC PROVIDED FINANCIAL EDUCATION AND TRAINING IN SPANISH, ENGLISH, AND ARABIC, BOTH VIRTUALLY AND IN PERSON. IN 2024, WE SERVED 305 INDIVIDUALS IN THE GREATER OMAHA AREA AND EASTERN NEBRASKA, AS WELL AS 55 INDIVIDUALS IN COUNCIL BLUFFS, IOWA. THESE EDUCATIONAL PROGRAMS GENERATED MORE THAN 550 HOURS OF FOLLOW-UP FINANCIAL COACHING SERVICES. MLCDC ALSO PARTNERED WITH THE MEXICAN CONSULATE IN OMAHA, NEBRASKA, TO DELIVER WEEKLY PRESENTATIONS ON PERSONAL FINANCE TOPICS TO COMMUNITY MEMBERS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0LA FUENTE BUSINESS CENTER
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0240885
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0246752
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0153453
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt019534
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0308
IRS990/FeesForServicesAccountingGrp/TotalAmt019842
IRS990/FeesForServicesOtherGrp/FundraisingAmt013055
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt08121
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt083139
IRS990/FeesForServicesOtherGrp/TotalAmt0104315
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0MATT LINDELL
IRS990/Form990PartVIISectionAGrp/PersonNm1ESMERALDA RAMOS
IRS990/Form990PartVIISectionAGrp/PersonNm2LILIANA MARQUEZ
IRS990/Form990PartVIISectionAGrp/PersonNm3SARAH KOLEY
IRS990/Form990PartVIISectionAGrp/PersonNm4CAROL RUSSELL
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHELLE JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm6COREY STEEN
IRS990/Form990PartVIISectionAGrp/PersonNm7JUAN MONTOYA
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IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0569089
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
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IRS990/InsuranceGrp/TotalAmt01417
IRS990/InterestGrp/ManagementAndGeneralAmt02778
IRS990/InterestGrp/TotalAmt02778
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt018545
IRS990/LandBldgEquipBasisNetGrp/BOYAmt031107
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IRS990/LegalDomicileStateCd0NE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PREPARE ENTREPRENEURS FOR SUCCESS THROUGH TRAINING, EDUCATION, AND ACCESS TO CAPITAL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt050000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt050000
IRS990/NetAssetsOrFundBalancesBOYAmt0565497
IRS990/NetAssetsOrFundBalancesEOYAmt0535095
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0324612
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0288343
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt095999
IRS990/OtherAssetsTotalGrp/EOYAmt067398
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FACILITIES & EQUIPMENT
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt03163
IRS990/OtherExpensesGrp/FundraisingAmt1118
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011386
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18761
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21299
IRS990/OtherExpensesGrp/ProgramServicesAmt048708
IRS990/OtherExpensesGrp/ProgramServicesAmt113601
IRS990/OtherExpensesGrp/ProgramServicesAmt24588
IRS990/OtherExpensesGrp/ProgramServicesAmt3506
IRS990/OtherExpensesGrp/TotalAmt063257
IRS990/OtherExpensesGrp/TotalAmt113719
IRS990/OtherExpensesGrp/TotalAmt213349
IRS990/OtherExpensesGrp/TotalAmt31805
IRS990/OtherLiabilitiesGrp/BOYAmt095011
IRS990/OtherLiabilitiesGrp/EOYAmt066498
IRS990/OtherRevenueMiscGrp/BusinessCd0999999
IRS990/OtherRevenueMiscGrp/Desc0MISC REVNUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt034
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt034
IRS990/OtherRevenueTotalAmt034
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt015184
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt054664
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0233839
IRS990/OtherSalariesAndWagesGrp/TotalAmt0303687
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt096598
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt076066
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01097
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03950
IRS990/PayrollTaxesGrp/ProgramServicesAmt016895
IRS990/PayrollTaxesGrp/TotalAmt021942
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt020143
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt013070
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0850
IRS990/PrincipalOfficerNm0MATT LINDELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/ExclusionAmt026934
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt026934
IRS990/ProgSrvcAccomActy2Grp/Desc0ENTREPRENEURSHIPMLCDC PROVIDED BUSINESS PLANNING, BUSINESS ADMINISTRATION TRAINING, AND TECHNICAL ASSISTANCE TO 180 STUDENTS ENROLLED IN THE BUSINESS PLAN CLASS. EIGHTY CLIENTS PARTICIPATED IN THE BUSINESS ADMINISTRATION CLASSES. APPROXIMATELY 80 PERCENT OF PARTICIPANTS WERE WOMEN. MLCDC ASSISTED WITH THE REGISTRATION OF 61 NEW LIMITED LIABILITY COMPANIES AND PROVIDED A TOTAL OF 1,050 HOURS OF TECHNICAL ASSISTANCE, INCLUDING SUPPORT WITH PRODUCT DEVELOPMENT, SALES TAX, EIN REGISTRATION, FINANCIAL PROJECTIONS, OPERATIONS, MARKETING, AND SALES. MLCDC CONTINUES TO PROVIDE TECHNICAL ASSISTANCE TO 241 BUSINESSES THAT HAVE REGISTERED SINCE 2019.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0272131
IRS990/ProgSrvcAccomActy3Grp/Desc0LENDINGMLCDC CONTINUED TO PROVIDE LOAN SERVICING FOR FIVE MICROBUSINESS LOANS IN THE GREATER OMAHA AREA, WHICH HAVE RETAINED 27 JOBS SINCE 2021. MLCDC ALSO CONTINUED TO PROVIDE NEW LOANS THROUGH THE SUPPORT OF CED GRANTS AND LOCAL FOUNDATIONS TO HELP CREATE AND RETAIN JOBS IN THE GREATER OMAHA AREA.
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt06941
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt019993
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0462834
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0264772
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt020718
IRS990/PYRevenuesLessExpensesAmt0-44876
IRS990/PYSalariesCompEmpBnftPaidAmt0263656
IRS990/PYTotalExpensesAmt0528428
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0483552
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-30402
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0541295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0451683
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0500029
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0403778
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0145833
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02042618
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0154593
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.99870
IRS990ScheduleA/PublicSupportTotal170Amt02042618
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0541295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0451683
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0500029
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0403778
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0145833
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02042618
IRS990ScheduleA/TotalSupportAmt02042618
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt022910
IRS990ScheduleD/EquipmentGrp/DepreciationAmt018545
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt041455
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0599491
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02400
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt164998
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RIGHT OF USE ASSET, NET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt066498
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0569089
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO INCOME TAXES ARE INCLUDED IN THESE FINANCIAL STATEMENTS. THE CORPORATION HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). THE CORPORATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE CORPORATION'S FEDERAL RETURNS OF ORGANIZATIONS EXEMPT FROM INCOME TAX (FORM 990) ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022910
IRS990ScheduleD/TotalBookValueOtherAssetsAmt067398
IRS990ScheduleD/TotalExpensesPerForm990Amt0599491
IRS990ScheduleD/TotalLiabilityAmt066498
IRS990ScheduleD/TotalRevenuePerForm990Amt0569089
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0569089
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0599491
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S TREASURER PRESENTS A COPY OF THE FORM 990 TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND ACCEPTANCE PRIOR TO FILING THE RETURN WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY, THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE EXECUTIVE DIRECTOR'S COMPENSATION PACKAGE BASED ON COMPARABLY SIZED ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3STAFFING: PROGRAM SERVICE EXPENSES 83,139. MANAGEMENT AND GENERAL EXPENSES 8,121. FUNDRAISING EXPENSES 13,055. TOTAL EXPENSES 104,315.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0755384
IRS990/TotalAssetsEOYAmt0943261
IRS990/TotalAssetsGrp/BOYAmt0755384
IRS990/TotalAssetsGrp/EOYAmt0943261
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0542121
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt032617
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0141290
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0425584
IRS990/TotalFunctionalExpensesGrp/TotalAmt0599491
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0189887
IRS990/TotalLiabilitiesEOYAmt0408166
IRS990/TotalLiabilitiesGrp/BOYAmt0189887
IRS990/TotalLiabilitiesGrp/EOYAmt0408166
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0565497
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0535095
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcRevenueAmt019993
IRS990/TotalProgramServiceExpensesAmt0425584
IRS990/TotalProgramServiceRevenueAmt026934
IRS990/TotalReportableCompFromOrgAmt0112800
IRS990/TotalRevenueGrp/ExclusionAmt026968
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0569089
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0755384
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0943261
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt05646
IRS990/TravelGrp/TotalAmt05646
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04923 S 24TH STREET SUITE 201
IRS990/USAddress/CityNm0OMAHA
IRS990/USAddress/StateAbbreviationCd0NE
IRS990/USAddress/ZIPCd068107
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0HTTPS://WWW.LAFUENTEBUSINESSCENTER.ORG/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MATT LINDELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04029959623
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14

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