2025-01-15T12:01:35-06:00 2023-11-30 742609610 BURTON MCCUMBER & LONGORIA LLP 205 PECAN BLVD MCALLEN TX 78501 990 2022-12-01 372027841 COSTEP COUNCIL FOR SOUTH TEXAS ECONOMIC PROGRESS COST 9566826371 801 NORTH BRYAN ROAD OFFICE 167 MISSION TX 78572 MARI MANN-SILVA SVP OF FINANCIAL OPERATIONS 9566826371 2025-01-15 1 0 REBECCA M GARCIA CPA P01332945 9566182300 X 2022 2024-10-15 13:58:12Z ADAM GONZALEZ 801 NORTH BRYAN ROAD OFFICE 167 MISSION TX 78572 3664680 0 X WWW.COSTEP.ORG X 2022 TX TO ENSURE RESIDENTS ACQUIRE SKILLS AND KNOWLEDGE AND HAVE ACCESS TO ECONOMIC OPPORTUNITIES TO ENABLE THEM TO PURSUE MEANINGFUL CAREERS AND LIVE PROSPEROUS LIVES IN RIO SOUTH TEXAS. 8 8 9 0 0 0 13022440 20000 0 0 -126821 -53093 0 147 12895619 -32946 0 250000 0 0 180107 457449 0 0 0 257664 551222 437771 1258671 12457848 -1291617 11833445 11271930 78981 89394 11754464 11182536 TO ENSURE RESIDENTS ACQUIRE SKILLS AND KNOWLEDGE AND HAVE ACCESS TO ECONOMIC OPPORTUNITIES TO ENABLE THEM TO PURSUE MEANINGFUL CAREERS AND LIVE PROSPEROUS LIVES IN RIO SOUTH TEXAS. 0 0 787182 250000 147 THE ORGANIZATION'S MISSION IS TO ENSURE RESIDENTS ACQUIRE SKILLS AND KNOWLEDGE AND HAVE ACCESS TO ECONOMIC OPPORTUNITIES TO PURSUE MEANINGFUL CAREERS AND LIVE PROSPEROUS LIVES IN RIO SOUTH TEXAS. THE STRATEGIC FRAMEWORK INCLUDES: 1. EDUCATION AND WORKFORCE TO ENSURE RESIDENTS ACQUIRE SKILLS AND KNOWLEDGE NECESSARY TO PURSUE MEANINGFUL CAREERS AND LIVE PROSPEROUS LIVES IN RIO SOUTH TEXAS; 2. ECONOMIC DEVELOPMENT TO ENSURE RESIDENTS HAVE ACCESS TO ECONOMIC OPPORTUNITIES TO PURSUE MEANINGFUL CAREERS AND LIVE PROSPEROUS LIVES IN RIO SOUTH TEXAS; AND 3. ADVOCACY TO WORK WITH REGIONAL STAKEHOLDERS AND PARTNERS TO ADVOCATE FOR SOLUTIONS THAT ENABLE RESIDENTS TO PURSUE MEANINGFUL CAREERS AND LIVE PROSPEROUS LIVES IN RIO SOUTH TEXAS. 787182 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 13 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MARI MANN-SILVA 9566826371 801 NORTH BRYAN ROAD OFFICE 167 MISSION TX 78572 KEITH PATRIDGE BOARD MEMBER 1.00 X 0 0 0 LESLIE BINGHAM SECRETARY-TREASURER 1.00 X X 0 0 0 JAMES MOORE BOARD MEMBER 1.00 X 0 0 0 JIM DARLING CHAIRMAN 1.00 X X 0 0 0 WHIT JONES VICE CHAIRMAN 1.00 X X 0 0 0 DANNY VELA BOARD MEMBER 1.00 X 0 0 0 ROSE BENAVIDEZ BOARD MEMBER 1.00 X 0 0 0 GUADALUPE ZEPEDA BOARD MEMBER 1.00 X 0 0 0 ADAM GONZALEZ CEO 20.00 20.00 X 170396 0 8980 MARI MANN-SILVA VICE PRESIDENT 20.00 20.00 X 116042 0 9469 MARY HERNANDEZ VICE PRESIDENT 20.00 20.00 X 77879 0 9405 PATRICIA BEARD FORMER CEO 20.00 20.00 X 40324 0 4225 404641 0 32079 2 0 1 0 0 20000 20000 300582 300582 3342338 1613 3696116 1510 -353778 103 -353675 -353675 OTHER INCOME 561000 147 147 147 -32946 147 0 -53093 X 250000 250000 208909 64231 144678 187739 102779 84960 30408 14095 16313 30393 12995 17398 12320 12320 27000 27000 57530 24650 32880 129989 129989 3674 1946 1728 13139 7987 5152 51768 40758 11010 22041 19943 2098 12423 12423 20883 12496 8387 51520 9931 41589 SERVICE AGREEMENT 86383 77819 8564 SPONSORSHIP 31873 2588 29285 DUES & SUBSCRIPTIONS 18466 11133 7333 TELEPHONE 5890 3842 2048 6323 6323 1258671 787182 471489 0 599618 462542 280006 35285 133816 78376 80587 36317 33326 44270 10786679 10651457 11833445 11271930 78981 89394 78981 89394 X 11754464 11182536 11754464 11182536 11833445 11271930 -1291617 739306 -19617 0 X X 0 1 X 1 0 X 52000 20000 72000 52000 20000 72000 72000 13286 300582 313868 385868 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1133 205 928 49111 18416 30695 30343 17696 12647 44270 X 674071 739306 739306 -65235 19617 12672 32289 -32946 1246248 0 1246248 12423 12423 1258671 PART X, LINE 2: THE ORGANIZATION REGULARLY ASSESSES UNCERTAIN TAX POSITIONS AND ACCOUNTS FOR THE RELATED FINANCIAL STATEMENT IMPLICATIONS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF NOVEMBER 30, 2023, THERE IS NO UNCERTAIN TAX POSITION TAKEN BY COSTEP. NO TAX LIABILITY HAS BEEN RECORDED ON THE STATEMENTS OF FINANCIAL POSITION AS OF NOVEMBER 30, 2023. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON SALE OF ASSETS 249. PAYMENTS TO AFFILIATES 12,423. PART XII, LINE 4B - OTHER ADJUSTMENTS: PAYMENTS TO AFFILIATES 12,423. 0 TEXAS ECONOMIC DEVELOPMENT CORPORATION 1005 CONGRESS AVE SUITE 600 AUSTIN TX 78701 712619492 250000 0 TO MARKET AND PROMOTE TEXAS AS A PREMIER BUSINESS LOCATION. X X X 0 0 0 0 0 0 0 0 0 ADAM GONZALEZ CEO 159996 0 0 0 10400 0 0 0 8980 0 179376 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WILL BE REVIEWED BY KEY OFFICERS FOR RECOMMENDATION TO THE ORGANIZATION'S GOVERNING BODY FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS MONITORED BY LEGAL COUNSEL (PRESENT) AT EVERY BOARD MEETING FOR COMPLIANCE. IN ADDITION, THE GOVERNING BODY IS REQUIRED TO SIGN A "RELATED PARTY TRANSACTION DISCLOSURE" ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 COSTEP PERFORMS A FORMAL REVIEW OF ITS EXECUTIVE COMPENSATION AND BENEFITS PACKAGES FOR ITS CEO, VICE-PRESIDENTS AND KEY EMPLOYEES EVERY THREE (3) YEARS. COSTEP ENGAGES AN OUTSIDE CONSULTANT(S) TO PROVIDE THE BOARD OF DIRECTORS AN INDEPENDENT REVIEW AND COMPARABLE DATA RELATED TO INDUSTRY RELATED EXECUTIVE COMPENSATION AND BENEFIT PACKAGES. THE BOARD OF DIRECTORS HOLDS A FORMAL BOARD MEETING TO DELIBERATE, DISCUSS ALL ISSUES THAT WOULD PROVIDE THE BOARD A REBUTTABLE PRESUMPTION POSITION FOR EACH PAID OFFICER AND KEY EMPLOYEE AS IT RELATED TO THEIR EXECUTIVE COMPENSATION AND BENEFITS. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST ONLY. FORM 990, PART IX, LINE 24E PROPERTY TAXES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,636. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,636. GOODWILL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,209. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,209. EMPLOYEE FUNCTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,478. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,478. FORM 990, PART IX, STATEMENT OF FUNCTIONAL EXPENSES: COSTEP MAINTAINS A COLLABORATION AND EXPENSE SHARING AGREEMENT WITH THE RIO-SOUTH TEXAS EDUCATION AND COMMUNITY DEVELOPMENT FOUNDATION, INC. (FOUNDATION) TO SHARE EXPENSES FOR HEADQUARTER FACILITIES, ADMINISTRATIVE SUPPORT, ACCOUNTING, AND ALL OTHER TASKS NECESSARY TO THE FUNCTION OF THE FOUNDATION. MOST OF THE OFFICERS AND MANAGEMENT OF COSTEP ARE ALSO OFFICERS OF THE FOUNDATION. THIS AGREEMENT PROVIDES FOR A MONTHLY REIMBURSEMENT OF SHARED SERVICES CALCULATED AT 50% OF PAYROLL LINE ITEMS AND 37.5% OF CERTAIN LINE ITEMS AGREED UPON BY ALL PARTIES. THE EXPENSES SHOWN IN PART IX ARE NET OF THESE REIMBURSEMENTS. THE AMOUNTS IN PART VII REPRESENT THE FULL AMOUNT OF EACH INDIVIDUAL'S COMPENSATION AND HAVE NOT BEEN REDUCED BY ANY REIMBURSEMENTS MADE THE FOUNDATION. FORM 990, PART XII, LINE 2C THE EXECUTIVE COMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. FORM 990, PART IX, STATEMENT OF FUNCTIONAL EXPENSES, LINE 21 GRANT TO PREDECESSOR 501(C)4 ORGANIZATION - COUNCIL FOR SOUTH TEXAS ECONOMIC PROGRESS, INC., EMPLOYER ID: 74-1699107 RIO-SOUTH TEXAS EDUCATION AND COMMUNITY DEVELOPMENT FDN INC FKA STHEA INC 801 NORTH BRYAN ROAD OFFICE 167 MISSION TX 78572 PROMOTE & SUPPORT HIGHER EDUCATION & CAREER DEVELOPEMENT IN RIO-SOUTH TEXAS TX 501(C)(3) PF 0 COUNCIL FOR SOUTH TEXAS ECONOMIC PROGRESS INC 801 NORTH BRYAN ROAD OFFICE 167 MISSION TX 78572 TX 501(C)(4) 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 1 COUNCIL FOR SOUTH TEXAS ECONOMIC PROGRESS INC S 209899 CASH PRIMARY ACTIVITY: TO ENSURE RESIDENTS ACQUIRE SKILLS AND KNOWLEDGE AND HAVE ACCESS TO ECONOMIC OPPORTUNITIES TO ENABLE THEM TO PURSUE MEANINGFUL CAREERS AND LIVE PROSPEROUS LIVES IN RIO SOUTH TEXAS.