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EIN 87-4099027

MF Community Impact

IRS 501(c) type
501(c)(4)
Num. employees
0
City
Hemphill
State
Texas
Year formed
2021
Most recent tax filings
2022-12-01
NTEE code, primary
S30: Economic Development
Description
MF Community Impact, Inc. exists to promote social welfare through benefiting the community of the Sabine County, Texas area. The organization serves a population of approximately 10,000 residents who face economic challenges. The majority of residents are over age 65.
Total revenues
$41,117,289
2022
Total expenses
$115,873
2022
Total assets
$41,317,548
2022
Num. employees
0
2022

Program areas at MF Community Impact

MF Community Impact, Inc. exists to promote social welfare through benefiting the community of the Sabine County, Texas area. Sabine County has roughly 10,000 residents, the majority of whom are over age 65. The County residents face unfavorable economic circumstances. The average salary is less than 60 percent of the statewide average, and the unemployment rate is almost twice the national average. MF Community Impact will engage in economic development to increase the number of businesses in the County to alleviate unemployment.

Personnel at MF Community Impact

NameTitleCompensation
Carla MorganTreasurer$0
Robert NealSecretary$0
Charles VictoryPresident$0

Financials for MF Community Impact

RevenuesFYE 12/2022
Total grants, contributions, etc.$40,557,937
Program services$0
Investment income and dividends$259,862
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$299,490
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$41,117,289

Form 990s for MF Community Impact

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
Data update history
January 6, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 5, 2024
Updated personnel
Identified 3 new personnel
December 26, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Business and community development organizations
Issues
Community improvementEconomic development
Characteristics
State / local levelNo full-time employees
General information
Address
530 Arnold Pl
Hemphill, TX 75948
Phone
(817) 877-1088
IRS details
EIN
87-4099027
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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