Borderplex Bi-National Economic Alliance Foundation

Organization Overview

Borderplex Bi-National Economic Alliance Foundation is located in El Paso, TX. The organization was established in 2006. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Borderplex Bi-National Economic Alliance Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Borderplex Bi-National Economic Alliance Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Borderplex Bi-National Economic Alliance Foundation generated $332.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $299.9k during the year ending 12/2021. While expenses have increased by 1.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ENTITY'S MISSION IS TO PROMOTE ECONOMIC AND INDUSTRIAL DEVELOPMENT IN THE GREATER EL PASO, TEXAS REGION BY PROVIDING FUNDING TO THE BORDERPLEX BI-NATIONAL ECONOMIC ALLIANCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PLAN, DEVELOP, IMPLEMENT, CONDUCT, FUND AND/OR DISSEMINATE INFORMATION ABOUT STUDIES, PROPOSALS, PROGRAMS, AND PROJECTS THAT BENEFIT THE GREATER EL PASO, TEXAS REGION.


TO PLAN, DEVELOP, IMPLEMENT, CONDUCT, FUND AND/OR DISSEMINATE INFORMATION ABOUT STUDIES, PROPOSALS, PROGRAMS, AND PROJECTS THAT BENEFIT THE GREATER EL PASO, TEXAS REGION.


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Board, Officers & Key Employees

Name (title)Compensation
Raymond Palacios
Chair
$0
Julio Chiu
Co Chair
$0
Alejandra DE La Vega
Co Chair
$0
Tom Hutchinson
Co Chair
$0
Woody Hunt
Chair Emerit
$0
Jon Barela
CEO
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$266,825
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$266,825
Total Program Service Revenue$65,258
Investment income $125
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $332,208

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Borderplex Bi-National Economic Alliance Foundation has recieved totaling $25,000.

Awarding OrganizationAmount
Sanders Foundation

El Paso, TX

PURPOSE: GENERAL SUPPORT

$25,000
View Grant Recipient Profile

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