Midland Shared Spaces
Midland Shared Spaces
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About this organization
Mission
Midland Shared Spaces has a 3 point mission: to enhance nonprofit efficiency, to provide affordable workspace and back office services, and to foster collaborations that better serve the nonprofits and people of Midland County. Our goal is to enable nonprofits to use their resources more effectively in direct service and programming. Our first goal was to establish a first-class facility that meets the needs of the nonprofit sector. Our second goal is to assess the needs of the nonprofits, increase tools in their toolboxes, and create standards of practice that increase sustainability. In addition, we seek out opportunities to bring groups together to better utilize resources, decrease duplicity, and identify gaps.
About
Midland share spaces, inc. provides nonprofit organizations operating in Midland County, Texas with a class a facility for administrative and program offices at a discounted rate. Shared services are also provided as a collaborative of tenant organizations and managed through Midland Shared Spaces, inc.
Interesting data from their 2020 990 filing
The filing outlines the non-profit's goal as “Midland shared spaces enhances nonprofit efficiency, provides affordable workspace and back office services and fosters collaborations that better serve the nonprofits and people of midland county.”.
When explaining its purpose, the activities were outlined as: “Midland shared spaces provides affordable workspace for nonprofits at below market rents in a class a facility. also provided is all furniture and equipment, high tech meeting rooms for trainings, smaller board rooms, commercial kitchen, and break rooms.midland shared spaces provides all inormation technology and communication services and equipment for tenant nonprofits as well as onsite technical service at below market rates.midland shared spaces provides collaborative networking with tenants, the nonprofit sector and the community at large as a catalyst for fundamental and lasting changes in the community.”.
- As per legal reporting requirements, the state of operation for the non-profit is TX.
- The non-profit's address for 2020 is listed as 3500 N A STREET 1100, MIDLAND, TX, 79705 in the filing.
- As per the non-profit's form, they have 6 employees as of 2020.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is -$241,965.
- The CEO compensation package within the organization is determined through a review and endorsement by a neutral party.
- The organization has 13 independent voting members.
- The organization was formed in 2012.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $407,694 in salary, compensation, and benefits to its employees.
- The organization pays $50,807 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.