Brownsville Economic Development Council Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Brownsville, TX
- Founding
- 11/1988
- Data as of
- 09/2022
- EIN
- 74-2514283
Organization Overview
Brownsville Economic Development Council Inc is located in Brownsville, TX. The organization was established in 1988. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2022, Brownsville Economic Development Council Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brownsville Economic Development Council Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2022, Brownsville Economic Development Council Inc generated $19.0 in total revenue. All expenses for the organization totaled $74.0k during the year ending 09/2022.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROMOTE ECONOMIC AND INDUSTRIAL DEVELOPMENT FOR THE CITY OR BROWNSVILLE AND SURROUNDING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lee Ostos Secretary | 3 | $0 | |
Tony Cappella Past Chairman | 3 | $0 | |
Steve Muschenheim Chairman | 15 | $0 | |
Keith Uhles At Large | 3 | $0 | |
Ankjaer Jenson Vice Chairman | 3 | $0 | |
Jorge DE La Garza At Large | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24 |
| Total expenses | $74,035 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Brownsville Economic Development Council Inc has awarded $373,802 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF TEXAS SYSTEM PURPOSE: CONSTRUCTION OF STARGATE COMPLEX | $73,802 |
ZAG MOTORS LLC PURPOSE: ASSISTANCE IN CONSTRUCTION | $300,000 |