Midland Chamber of Commerce Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 31% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
THE MIDLAND CHAMBER OF COMMERCE FOUNDATION PROVIDES VISION AND LEADERSHIP TO STRENGTHEN AND ENHANCE THE QUALITY OF LIFE AND ECONOMIC DEVELOPMENT FOR BUSINESSES AND INDIVIDUALS IN THE COMMUNITY.
- Income
- $1.3 million
- Spending
- $764,442
- Spent on programs
- 31%
- Reserves
- 106.6 months of spending
- Largest source of income
- other income, 74%
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $217,521, former president and ceo
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 67% of charities in its peer group (community improvement, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 106.6 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 40% of income.
Income trend
15 of 15Income rose 40% on the year before.
Spending floor
0 of 1531% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 39% of charities in its peer group (community improvement, $1m to $10m).
Independent board
25 of 2514 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $94,092 spent. THE MIDLAND CHAMBER OF COMMERCE FOUNDATION SPONSORS LEADERSHIP MIDLAND, WHICH IS A COMMUNITY LEADERSHIP DEVELOPMENT PROGRAM THAT PROVIDES EXPOSURE AND INSIGHT TO PEOPLE WHO WILL OCCUPY LEADERSHIP POSITIONS WITHIN OUR COMMUNITY.
- THE MIDLAND CHAMBER OF COMMERCE FOUNDATION SPONSORS THE TEACHER ADOPTION PROGRAM AND PARTNERS IN EDUCATION PROGRAM. THE TEACHER ADOPTION PROGRAM WAS FORMED WITH THE GOAL TO STRENGTHEN TEACHERS' TIES TO THE COMMUNITY THROUGH ENCOURAGEMENT AND DEVELOPMENT OF RELATIONSHIPS. PARTNERS IN EDUCATION EXISTS TO PROVIDE LIAISONS BETWEEN LOCAL CAMPUSES AND BUSINESSES. A GRANTING PROGRAM IS ALSO HOUSED UNDER THE UMBRELLA OF PARTNERS IN EDUCATION WHICH PROVIDES FUNDS FOR TEACHER PROJECTS THAT MEET SPECIFIC CRITERIA ESTABLISHED AND VETTED BY THE MIDLAND CHAMBER'S EDUCATION COMMITTEE.
- $145,918 spent. THE MIDLAND CHAMBER OF COMMERCE FOUNDATION SPONSORS AND ADMINISTERS FUNDS TO SUPPORT THE CREATION AND INSTALLATION OF PUBLIC ART THAT ENHANCES COMMUNITY SPACES IN MIDLAND. THESE FUNDS INCLUDE THE BUSH AND CRADDICK SCULPTURE FUNDS, WHICH SUPPORTED THE DEVELOPMENT OF TWO LIFE-SIZE SCULPTURES HONORING SIGNIFICANT COMMUNITY LEADERS. THESE SCULPTURES ARE PUBLICLY DISPLAYED AT THE BUSH CONVENTION CENTER AND THE MIDLAND INTERNATIONAL AIR AND SPACE PORT, WHERE THEY ARE ACCESSIBLE TO AND ENJOYED BY THE GENERAL PUBLIC.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1987.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.