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Midland Municipal Employees Credit Union

  • Midland, TX
  • Tax-exempt since June 1976
  • EIN: 75-6029878

Organization summary

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$458k (2023)

Expenses
$426k (2023)

Total Assets
$17.4M (2023)

Total Liabilities
$15M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$457,807
Expenses
$425,549
Net Income
$32,258
Net Assets
$2,369,447
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $203,779
44.5%
Investment Income $252,018
55.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,010
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $86,291
20.3%
Professional Fundraising Fees $0
Other Salaries and Wages $64,195
15.1%
Assets/Debt
Total Assets $17,380,245
Total Liabilities $15,010,798
Net Assets $2,369,447
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Amber Pearce (Manager, Ceo) $86,291 $0 $0
Michael Cota (Chairman) $0 $0 $0
Chane Blandford (Vice Chairman) $0 $0 $0
Wanda Valles (Secretary/Treasurer) $0 $0 $0
Charles Harrington (Board Of Directors) $0 $0 $0
Rick Brown (Board Of Directors) $0 $0 $0
Peggy Taylor (Board Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on March 11, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$436,984
Expenses
$347,476
Net Income
$89,508
Net Assets
$2,344,687
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $179,775
41.1%
Investment Income $235,771
54.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $21,438
4.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $78,870
22.7%
Professional Fundraising Fees $0
Other Salaries and Wages $60,072
17.3%
Assets/Debt
Total Assets $19,028,962
Total Liabilities $16,684,275
Net Assets $2,344,687
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Amber Pearce (Manager, Ceo) $78,870 $0 $0
Wanda Valles (Secretary) $0 $0 $0
Michael Hedrick (Chairman) $0 $0 $0
Michael Cota (Vice Chairman) $0 $0 $0
Charles Harrington (Board Of Directors) $0 $0 $0
Rick Brown (Board Of Directors) $0 $0 $0
Peggy Taylor (Board Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on March 30, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$518,086
Expenses
$439,309
Net Income
$78,777
Net Assets
$2,255,179
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $205,874
39.7%
Investment Income $238,686
46.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $73,526
14.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $77,654
17.7%
Professional Fundraising Fees $0
Other Salaries and Wages $58,055
13.2%
Assets/Debt
Total Assets $19,575,722
Total Liabilities $17,320,543
Net Assets $2,255,179
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Amber Pearce (Manager, Ceo) $77,654 $0 $0
Wanda Valles (Secretary) $0 $0 $0
Michael Hedrick (Chairman) $0 $0 $0
Michael Cota (Vice Chairman) $0 $0 $0
Charles Harrington (Board Of Directors) $0 $0 $0
Rick Brown (Board Of Directors) $0 $0 $0
Peggy Allen (Board Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on April 21, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$585,231
Expenses
$406,065
Net Income
$179,166
Net Assets
$2,176,402
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $245,516
42.0%
Investment Income $285,458
48.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $54,257
9.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $135,807
33.4%
Assets/Debt
Total Assets $19,391,663
Total Liabilities $17,215,261
Net Assets $2,176,402
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Wanda Valles (Secretary) $0 $0 $0
Michael Hedrick (Chairman) $0 $0 $0
Michael Cota (Vice Chairman) $0 $0 $0
Charles Harrington (Board Of Directors) $0 $0 $0
Rick Brown (Board Of Directors) $0 $0 $0
Peggy Allen (Board Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on March 15, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$564,409
Expenses
$487,153
Net Income
$77,256
Net Assets
$1,997,236
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $242,269
42.9%
Investment Income $319,496
56.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,644
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $75,012
15.4%
Professional Fundraising Fees $0
Other Salaries and Wages $58,338
12.0%
Assets/Debt
Total Assets $18,923,966
Total Liabilities $16,926,730
Net Assets $1,997,236
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Amber Pearce (President) $75,012 $0 $0
Wanda Valles (Secretary) $0 $0 $0
Michael Hedrick (Chairman) $0 $0 $0
Michael Cota (Vice Chairman) $0 $0 $0
Charles Harrington (Board Of Directors) $0 $0 $0
Rick Brown (Board Of Directors) $0 $0 $0
Peggy Allen (Board Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on June 26, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$523,149
Expenses
$433,595
Net Income
$89,554
Net Assets
$1,919,982
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $226,026
43.2%
Investment Income $284,820
54.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $12,303
2.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $75,420
17.4%
Professional Fundraising Fees $0
Other Salaries and Wages $58,255
13.4%
Assets/Debt
Total Assets $18,951,492
Total Liabilities $17,031,510
Net Assets $1,919,982
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Amber Pearce (President) $75,420 $0 $0
Wanda Valles (Secretary) $0 $0 $0
Michael Hedrick (Chairman) $0 $0 $0
Michael Cota (Vice Chairman) $0 $0 $0
Charles Harrington (Board Of Directors) $0 $0 $0
Rick Brown (Board Of Directors) $0 $0 $0
Peggy Allen (Board Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on May 13, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$467,316
Expenses
$388,695
Net Income
$78,621
Net Assets
$1,830,428
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $230,717
49.4%
Investment Income $236,599
50.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $76,432
19.7%
Professional Fundraising Fees $0
Other Salaries and Wages $43,277
11.1%
Assets/Debt
Total Assets $18,674,929
Total Liabilities $16,844,501
Net Assets $1,830,428
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Amber Pearce (President) $76,432 $0 $0
Wanda Valles (Secretary) $0 $0 $0
Michael Hedrick (Board Of Directors) $0 $0 $0
Michael Cota (Chairman) $0 $0 $0
James Howard (Vice Chairman) $0 $0 $0
Rick Brown (Board Of Directors) $0 $0 $0
Peggy Allen (Board Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on May 11, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$456,593
Expenses
$404,742
Net Income
$51,851
Net Assets
$1,751,807
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $252,755
55.4%
Investment Income $203,838
44.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $76,739
19.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $18,268,872
Total Liabilities $16,517,065
Net Assets $1,751,807
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Amber Pearce (Manager) $76,739 $0 $0
Wanda Valles (Secretary) $0 $0 $0
Michael Hedrick (Board Of Directors) $0 $0 $0
Michael Cota (Chairman) $0 $0 $0
James Howard (Vice Chairman) $0 $0 $0
Rick Brown (Board Of Directors) $0 $0 $0
Peggy Allen (Board Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on May 10, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$467,781
Expenses
$413,310
Net Income
$54,471
Net Assets
$1,699,956
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $266,773
57.0%
Investment Income $189,051
40.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,957
2.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $74,229
18.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $17,893,052
Total Liabilities $16,193,096
Net Assets $1,699,956
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Amber Pearce (Manager) $74,229 $0 $0
Carolyn Schoolcraft (Secretary) $0 $0 $0
Michael Hedrick (Board Of Directors) $0 $0 $0
Michael Cota (Chairman) $0 $0 $0
James Howard (Vice Chairman) $0 $0 $0
Rick Brown (Board Of Directors) $0 $0 $0
Peggy Allen (Board Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on June 5, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$460,956
Expenses
$460,781
Net Income
$175
Net Assets
$1,645,485
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $279,139
60.6%
Investment Income $181,817
39.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $64,776
14.1%
Professional Fundraising Fees $0
Other Salaries and Wages $58,059
12.6%
Assets/Debt
Total Assets $17,465,938
Total Liabilities $15,820,453
Net Assets $1,645,485
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rick Brown (Board Of Directors) $33,145 $0 $0
Amber Pearce (Manager) $31,960 $0 $0
Michael Cota (Pres. Bd. Of Directors) $12,824 $0 $0
Carolyn Schoolcraft (Board Of Directors) $0 $0 $0
Michael Hedrick (Board Of Directors) $0 $0 $0
Peggy Allen (Vp Board Of Directors) $0 $0 $0
James Howard (Board Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on July 7, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$514,138
Expenses
$525,724
Net Income
-$11,586
Net Assets
$1,645,310
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $302,480
58.8%
Investment Income $211,658
41.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $65,199
12.4%
Professional Fundraising Fees $0
Other Salaries and Wages $57,384
10.9%
Assets/Debt
Total Assets $16,621,074
Total Liabilities $14,975,764
Net Assets $1,645,310
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Amber Pearce (Manager) $65,199 $0 $0
Carolyn Schoolcraft (Board Of Directors) $0 $0 $0
Michael Butler (Board Of Directors) $0 $0 $0
Michael Cota (Pres. Bd. Of Directors) $0 $0 $0
Brian Bogart (Vp Board Of Directors) $0 $0 $0
Rick Brown (Board Of Directors) $0 $0 $0
James Howard (Board Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 16, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$561,637
Expenses
$545,559
Net Income
$16,078
Net Assets
$1,656,896
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $295,267
52.6%
Investment Income $266,370
47.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $55,613
10.2%
Professional Fundraising Fees $0
Other Salaries and Wages $59,803
11.0%
Assets/Debt
Total Assets $15,832,560
Total Liabilities $14,175,664
Net Assets $1,656,896

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$605,620
Expenses
$542,862
Net Income
$62,758
Net Assets
$14,726,743
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $319,257
52.7%
Investment Income $286,363
47.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $53,002
9.8%
Professional Fundraising Fees $0
Other Salaries and Wages $49,017
9.0%
Assets/Debt
Total Assets $14,878,553
Total Liabilities $151,810
Net Assets $14,726,743

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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