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Nonprofit · EIN 20-1334546

MCALLEN AREA ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · MCALLEN, TX 78501

Financials

$1.5M$1.4M2022$1.6M$1.5M2023$1.3M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of MCALLEN AREA ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$1,323,168$1,568,127-$244,959$523,939$101,852$422,087
September 30, 2024990$1,559,423$1,519,424$39,999$734,852$67,806$667,046
September 30, 2023990$1,521,749$1,402,272$119,477$691,134$64,087$627,047
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$1,314,345
of which government grants
$1,100,000
Program service revenue
$0
Investment income
-$3,777
Net gain from sales of assets
-$7,435
Other revenue
$12,600

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$428,050
Salaries, compensation and benefits (total)
$566,411
Professional fundraising fees
$0
Legal fees
$3,313
Accounting fees
$17,400
Occupancy
$164,484
Travel
$22,274
Depreciation
$27,568
Program services (functional)
$1,227,977
Management and general (functional)
$340,150

Balance sheet and other

Total assets, start of year
$734,852
Total assets, end of year
$523,939
Total liabilities, end of year
$101,852
Net assets, end of year
$422,087
Land, buildings and equipment
$70,591
Net assets without donor restrictions
$422,087
Gross receipts
$1,330,603
Employees
6
Volunteers
0
Year formed
1988
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
DR PABLO TAGLE IIICHAIRMAN
Trustee or director
1$0
BILL WILSONVICE-CHAIRMAN
Trustee or director
1$0
BRIAN LEWISSECRETARY/TREASURER
Trustee or director
1$0
ANNIE HOLAND-MILLERBOARD MEMBER
Trustee or director
1$0
ANGELICA LAGRANGEBOARD MEMBER
Trustee or director
1$0
ROBERT NORMANBOARD MEMBER
Trustee or director
1$0
TREY PEBLEYBOARD MEMBER
Trustee or director
1$0
NICK RHODESBOARD MEMBER
Trustee or director
1$0
ADRIAN VILLARREALBOARD MEMBER
Trustee or director
1$0
JAVIER VILLALOBOSMAYOR
Trustee or director
1$0
TONY AGUIRRECITY COMMISSIONER
Trustee or director
1$0
HERSHAL PATELCHAMBER ELECT
Trustee or director
1$0
ELIZABETH SUAREZPRESIDENT
Officer
20$0
MARK GARCIAEXECUTIVE VICE PRESIDENT
Officer
20$0
990 for the year ended September 30, 2024: 13 people
NameTitleHours / weekCompensation
MARK FREELANDCHAIRMAN
Trustee or director
1$0
DR PABLO TAGLE IIIVICE CHAIRMAN
Trustee or director
1$0
BILL WILSONTREASURER
Trustee or director
1$0
BRIAN LEWISDIRECTOR
Trustee or director
1$0
ROBERT NORMANDIRECTOR
Trustee or director
1$0
JAVIER VILLALOBOSMAYOR
Trustee or director
1$0
TREY PEBLEYDIRECTOR
Trustee or director
1$0
ADRIAN VILLARREALDIRECTOR
Trustee or director
1$0
ANNIE HOLAND-MILLERDIRECTOR
Trustee or director
1$0
VICTOR HADDADCITY COMMISSIONER
Trustee or director
1$0
STEPHEN WINGERTCHAMBER ELECT
Trustee or director
1$0
KEITH PARTRIDGEPRESIDENT
Officer
20$0
MARK GARCIAEXECUTIVE VICE PRESIDENT
Officer
20$0
990 for the year ended September 30, 2023: 13 people
NameTitleHours / weekCompensation
MARK FREELANDCHAIRMAN
Trustee or director
1$0
DR PABLO TAGLE IIIVICE CHAIRMAN
Trustee or director
1$0
BILL WILSONTREASURER
Trustee or director
1$0
BRIAN LEWISDIRECTOR
Trustee or director
1$0
ROBERT NORMANDIRECTOR
Trustee or director
1$0
JAVIER VILLALOBOSMAYOR
Trustee or director
1$0
TREY PEBLEYDIRECTOR
Trustee or director
1$0
ADRIAN VILLARREALDIRECTOR
Trustee or director
1$0
ANNIE HOLAND-MILLERDIRECTOR
Trustee or director
1$0
VICTOR HADDADCITY COMMISSIONER
Trustee or director
1$0
STEPHEN WINGERTCHAMBER ELECT
Trustee or director
1$0
KEITH PARTRIDGEPRESIDENT
Officer
20$0
MARK GARCIAEXECUTIVE VICE PRESIDENT
Officer
20$0

Address and contacts

Address (IRS master file)
1200 ASH AVE, MCALLEN, TX 78501-4605
In care of
% MIKE ALLEN
Principal officer (990 for 2024)
ELIZABETH SUAREZ, 6401 S 33RD ST, MCALLEN, TX 78503
Signed the 990
MARK GARCIA, PRESIDENT AND CEO
Phone
(956) 682-4306
Return prepared by
CRI ADVISORS LLC

Mission

TO MAINTAIN THE LEADERSHIP ROLE IN INDUSTRIAL RECRUITMENT AND EXPANSION BY INCREASING JOBS IN THE MCALLEN - REYNOSA AREA AND TO WORK WITH THE MAYOR, CITY COMMISSION, MCALLEN CHAMBER OF COMMERCE, LOCAL BUSINESS AND THE PRIVATE SECTOR TO PLAN AND IMPLEMENT ECONOMIC DEVELOPMENT STRATEGIES CRITICAL FOR THE CONTINUED GROWTH AND DEVELOPMENT OF MCALLEN.

990 for the year ended September 30, 2025

Program accomplishments

  • TO PLAN AND IMPLEMENT ECONOMIC DEVELOPMENT STRATEGIES CRITICAL FOR THE CONTINUED GROWTH AND DEVELOPMENT OF MCALLEN.
    Expenses $1,227,977

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
20-1334546
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2006
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$523,939
Income (IRS master file)
$1,330,603

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$1,323,168$1,568,127$523,939XML
990September 2024$1,559,423$1,519,424$734,852XML
990September 2023$1,521,749$1,402,272$691,134XML
990September 2022$1,433,905$1,338,784$577,418IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1334546).

Questions about MCALLEN AREA ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of MCALLEN AREA ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of MCALLEN AREA ECONOMIC DEVELOPMENT CORPORATION is 20-1334546.
Is MCALLEN AREA ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2006.
Are donations to MCALLEN AREA ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MCALLEN AREA ECONOMIC DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MCALLEN AREA ECONOMIC DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MCALLEN AREA ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of MCALLEN AREA ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2025 names ELIZABETH SUAREZ.
Who are the officers and directors of MCALLEN AREA ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2025 lists 14 people; 0 received compensation from the organization.
How much revenue does MCALLEN AREA ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $1,323,168, expenses of $1,568,127 and total assets of $523,939 at year end.

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