Hamlin Municipal Development

Hamlin, TXUnknown exempt organizationSince 2017 EIN 82-2599633Revenue $581K in FY2025Latest return filed Jun 11, 2026

On file with the IRSHamlin, TX

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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.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-2599633) · Dispute this line
78¢ of each $1 spent went to programs.
$44K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $68K a year · 32% of revenue · last 6 filings
A surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
78%
of spending
78% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$44K
to officers and key staff · 24% of spending
Pay to officers and key staff is 24% of spending.
Part VII, Section A
74.4 mo
of spending, in cash
74.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
0
of 5 voting members
None of 5 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$581K
+264% vs prior year
Spent
$185K
To programs
78%
Net assets
$2.3M
By yearFY2020–FY2025
Revenue
$581K
FY2025▲ +264%
Tap a bar for its year
Revenue by fiscal year
FY2020$121K
FY2021$124K
FY2022$141K
FY2023$144K
FY2024$160K
FY2025$581K
Expenses
$185K
FY2025▲ +38%
Tap a bar for its year
Expenses by fiscal year
FY2020$135K
FY2021$128K
FY2022$138K
FY2023$142K
FY2024$134K
FY2025$185K
Net assets
$2.3M
FY2025▲ +21%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.7M
FY2021$1.7M
FY2022$1.7M
FY2023$1.9M
FY2024$1.9M
FY2025$2.3M

From the FY2025 Form 990 (year ending September 2025) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $145K Management & general 22% · $40K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $44K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Dir.
$43,834Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Randy Burks$43,834$6,647————
Mickie Diersing—$21,600$28,800$28,800$28,800$28,800

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Hamlin Municipal Development executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Improves the community for living, working, and doing business.

Questions for Hamlin Municipal Development

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1 program · $29K · in their own filed words · FY2024
01

Assist with development and financing of permissible projects as defined in chapter 377 of the texas local government code.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-2599633) · Dispute this line
$29Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$581K
Ln 12
Other incomeLn 4–11$422K
Fees for servicesLn 2g$126K
Investment incomeLn 3$34K
Money outPt IX
$185K
Ln 25
Programscol B$145K
Managementcol C$40K
Owns and owesPt X
$2.3M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$2.3M
LiabilitiesLn 26$0
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$126K
Investment incomeLn 3$34K
Other incomeLn 4–11$422K
Gains on assetsLn 7$0
Total revenueLn 12$581K
Assets in detailPt X, end of year
CashLn 1$212K
SavingsLn 2$932K
Cash and savings togetherLn 1–2$1.1M
Notes and loans receivableLn 7$285K
Land, buildings, equipmentLn 10c$844K
Total assetsLn 16$2.3M
LiabilitiesLn 26$0
Net assetsLn 32$2.3M
OperationsPt I, VI
EmployeesI 52
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$682K$1.1M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$878K$844K
Total assetsLn 16$1.9M$2.3M
LiabilitiesLn 26$0$0
Net assetsLn 32$1.9M$2.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of officers and key staff (Part IX, line 5)Ln 5$44K$22K$22K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$4K$2K$2K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$14K$14K
Advertising and promotionLn 12$0
Office expensesLn 13$2K$2K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$43K$43K
InsuranceLn 23$13K$13K
Other expenses (24a–d)Ln 24$64K$64K
All other expensesLn 24e$0
Total functional expensesLn 25$185K$145K$40K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Jun 11, 2026 $581K$185K$396K$2.3M 990 PDF
FY2024Filed with the IRS Jul 2, 2025 $160K$134K$26K$1.9M 990 PDF
FY2023Filed with the IRS Aug 22, 2024 $144K$142K$2K$1.9M 990 PDF
FY2022Filed with the IRS Jun 21, 2023 $141K$138K$3K$1.7M 990 PDF
FY2021Filed with the IRS Jun 20, 2022 $124K$128K−$5K$1.7M 990 PDF
FY2020Filed with the IRS Aug 3, 2021 $121K$135K−$13K$1.7M 990 PDF

Schedules filed Part IV

D · Assets and endowments O · Explanations
See the full FY2025 990
Part I · Summary $580,983 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $111,757$125,712
I-10 Investment incomePrior year $11,140$33,645
I-11 Other revenuePrior year $36,652$421,626
I-12 Total revenuePrior year $159,549$580,983
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $30,937$47,946
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $102,627$136,619
I-18 Total expensesPrior year $133,564$184,565
I-19 Revenue less expensesPrior year $25,985$396,418
Part VI · Governance 0 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $580,983 across 9 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $125,712$125,712
VIII-3 Investment incomeRelated to mission $33,645$33,645
VIII-5 Royalties$0
VIII-6 Net rental income or lossRelated to mission $34,265$34,265
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $387,361$387,361
VIII-12 Total revenueRelated to mission $580,983$580,983
Part IX · Statement of functional expenses $184,565 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $21,917 · Management $21,917$43,834
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $2,056 · Management $2,056$4,112
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $13,849$13,849
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $2,058$2,058
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $43,478$43,478
IX-23 InsurancePrograms $13,175$13,175
IX-24 Other expenses (24a–d)Programs $64,059$64,059
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $144,685 · Management $39,880 · Fundraising $0$184,565
Part X · Balance sheet $2,272,618 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $525,948$211,584
X-2 Savings and temporary cash investmentsStart of year $155,671$932,060
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivableStart of year $316,746$284,914
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $877,835$844,060
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $1,876,200$2,272,618
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $1,876,200$2,272,618
X-32 Total net assets or fund balancesStart of year $1,876,200$2,272,618
X-33 Total liabilities and net assetsStart of year $1,876,200$2,272,618
Part XI · Reconciliation of net assets $2,272,618 net assets at year end
XI-1 Total revenue$580,983
XI-2 Total expenses$184,565
XI-3 Revenue less expenses$396,418
XI-4 Net assets at start of year$1,876,200
XI-10 Net assets at end of year$2,272,618

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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