El Paso Matters Inc
- Assets
- $902.1k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- El Paso, TX
- Founding
- Data as of
- 12/2021
- EIN
- 83-4301968
Organization Overview
El Paso Matters Inc is located in El Paso, TX. According to its NTEE Classification (W50) the organization is classified as: Telecommunications, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. El Paso Matters Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENGAGE IN THE HIGHEST QUALITY INDEPENDENT PRODUCTION, PUBLICATION AND/OR DISTRIBUTION OF ORIGINAL NEWS AND/OR NEWS-BASED MATERIALS OF COMMUNITY VALUE TO FAR WEST TEXAS, SOUTHERN NEW MEXICO AND NORTHERN CHIHUAHUA, MEXICO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE ITS FOUNDING IN 2020, EL PASO MATTERS HAS BECOME THE COMMUNITY'S DEFINITIVE SOURCE FOR IN-DEPTH AND INVESTIGATIVE JOURNALISM. WE PROVIDE UNMATCHED COVERAGE OF LOCAL ELECTIONS, EDUCATION, GOVERNMENT ACCOUNTABILITY, ENVIRONMENT AND CLIMATE CHANGE COVERAGE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard E Pearson Secretary | OfficerTrustee | 2.5 | $0 |
Robert Moore President | OfficerTrustee | 2.5 | $0 |
Julie Summerford Pearson Treasurer | OfficerTrustee | 2.5 | $0 |
Javier Camacho Director | Trustee | 1.5 | $0 |
William Clark Director | Trustee | 1.5 | $0 |
Martha Hood Director | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $245,328 |
| Government grants | $15,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $886,113 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,147,241 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $1,147,241 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,300 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $1,416 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $209,677 |
| Advertising and promotion | $0 |
| Office expenses | $4,201 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,464 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,453 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,625 |
| Insurance | $4,377 |
| All other expenses | $0 |
| Total functional expenses | $233,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,895 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $791,775 |
| Accounts receivable, net | $25,482 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,189 |
| Net Land, buildings, and equipment | $14,760 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $902,101 |
| Accounts payable and accrued expenses | $4,647 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,647 |
| Net assets without donor restrictions | $109,876 |
| Net assets with donor restrictions | $787,578 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $902,101 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that El Paso Matters Inc has recieved totaling $755,562.
| Awarding Organization | Amount |
|---|---|
El Paso Community Foundation El Paso, TX PURPOSE: Investigative journalism | $245,328 |
American Journalism Project Inc Washington, DC PURPOSE: TO GROW AND DIVERSIFY REVENUE AND TO ADVANCE TOWARD A SUSTAINABLE MODEL FOR LOCAL NEWS. | $238,225 |
American Journalism Project Inc Washington, DC PURPOSE: TO GROW AND DIVERSIFY REVENUE AND TO ADVANCE TOWARD A SUSTAINABLE MODEL FOR LOCAL NEWS. | $238,225 |
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $33,544 |
One Gas Foundation Inc Tulsa, OK PURPOSE: EMPLOYEE MATCHING GRANT | $240 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Twin Lakes Telephone Cooperative Corporation Gainesboro, TN | $182,271,537 | $62,867,275 |
South Central Utah Telephone Association Inc Escalante, UT | $109,120,426 | $33,441,414 |
North Central Telephone Cooperative Corp Lafayette, TN | $151,550,123 | $41,901,963 |
Craw-Kan Telephone Cooperative Inc Girard, KS | $75,521,936 | $30,625,152 |
Ben Lomand Rural Telephone Cooperative Inc Mcminnville, TN | $135,020,409 | $32,327,349 |
Dekalb Telephone Cooperative Alexandria, TN | $99,962,174 | $26,158,817 |
Bledsoe Telephone Cooperative Pikeville, TN | $52,661,532 | $24,894,746 |
Highland Telephone Cooperative Inc Sunbright, TN | $81,089,190 | $24,131,946 |
Telecommunication Facilities Corporation St Louis, MO | $37,705,343 | $20,079,070 |
Instructional Telecommunications Foundation Inc Boulder, CO | $32,699,319 | $13,715,740 |
Central Arkansas Telephone Cooperative Inc Bismark, AR | $46,850,759 | $10,682,246 |