Civic Intelligence

Hamlin Municipal Development

990 • Fiscal year 2017 • EIN 82-2599633

Oct 01, 2016 to Sep 30, 2017

Hamlin, TX
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

1st percentile

-639%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$1,875,659

No earlier filing loaded for comparison.

Net Assets

$1,875,659

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$13,665

No earlier filing loaded for comparison.

Expenses

$100,979

No earlier filing loaded for comparison.

Net Income

-$87,314

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2017: $1,875,659Liabilities 2017: $0Net Assets 2017: $1,875,6592017Assets 2019: $1,739,856Liabilities 2019: $0Net Assets 2019: $1,739,8562019Assets 2020: $1,726,525Liabilities 2020: $0Net Assets 2020: $1,726,5252020Assets 2021: $1,721,970Liabilities 2021: $0Net Assets 2021: $1,721,9702021Assets 2022: $1,725,381Liabilities 2022: $0Net Assets 2022: $1,725,3812022Assets 2023: $1,850,215Liabilities 2023: $0Net Assets 2023: $1,850,2152023Assets 2024: $1,876,200Liabilities 2024: $0Net Assets 2024: $1,876,2002024

Highlighted filing

2017

Assets$1,875,659
Liabilities$0
Net Assets$1,875,659

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2017: $13,665Expenses 2017: $100,979Net Income 2017: -$87,3142017Revenue 2019: $218,708Expenses 2019: $152,475Net Income 2019: $66,2332019Revenue 2020: $121,445Expenses 2020: $134,776Net Income 2020: -$13,3312020Revenue 2021: $123,897Expenses 2021: $128,452Net Income 2021: -$4,5552021Revenue 2022: $141,353Expenses 2022: $137,942Net Income 2022: $3,4112022Revenue 2023: $143,786Expenses 2023: $141,516Net Income 2023: $2,2702023Revenue 2024: $159,549Expenses 2024: $133,564Net Income 2024: $25,9852024

Highlighted filing

2017

Revenue$13,665
Expenses$100,979
Net Income-$87,314
Filing Detail Status

This 2017 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Mission and Program Overview

Mission

Chapter 377 of the Texas Local Government Code authorizes cities to hold an election in all or part of a city, including its extra territorial jurisdiction, to create a municipal development district and to adopt a sales tax to fund it. A Municipal Development District is a special purpose district created for the purpose of generating economic development and growth opportunities within the boundaries of the district. State law authorizes expenditure of MDD. funds for a variety of economic development activities including certain infrastructure improvement projects, certain recreational or community facilities, projects related to business enterprises that create or retain primary jobs, projects that promote new or expanded business development, or convention center facilities and related improvements. In addition, proceeds may also be used to hire necessary staff.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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