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Filing year 2023

HAMLIN MUNICIPAL DEVELOPMENT

Hamlin, Texas·EIN 82-2599633·501(c)(6)
Total revenue
$160k
Total assets
$1.9M
Total expenses
$134k
Reported officers
7
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.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Previous Ex Dir
Board Member
Median to 75th percentile
$22k
$24k
Executive Dir.
Board Member
25th percentile to median
$7k
$7k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Down 25%
from 2022

From $29k in 2022 to $22k in 2023.

$29k
2022
$22k
2023
In today's dollarsEst.
Down 28% in real terms$33k to $24k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay fell 25% from 2022 to 2023, while revenue rose 11%.

$29k in 2022 to $22k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

HAMLIN MUNICIPAL DEVELOPMENT reported revenue and expenses across 2 filing years.

RevenueExpenses
$144k
$142k
2022
$160k
$134k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about HAMLIN MUNICIPAL DEVELOPMENT

What does the Board Member of HAMLIN MUNICIPAL DEVELOPMENT earn?

In 2023, the Board Member of HAMLIN MUNICIPAL DEVELOPMENT received $21,600 in total compensation. This pay is above the median (the midpoint) for Board Member roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at HAMLIN MUNICIPAL DEVELOPMENT compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at HAMLIN MUNICIPAL DEVELOPMENT falls between the median and the 75th percentile.

What are HAMLIN MUNICIPAL DEVELOPMENT's revenue and expenses?

In 2023, HAMLIN MUNICIPAL DEVELOPMENT reported $160k in total revenue and $134k in total expenses on its IRS Form 990.

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