Skip to main content

Nonprofit · EIN 74-2628588

GREATER BROWNSVILLE INCENTIVES CORPORATION

Tax-exempt · BROWNSVILLE, TX 78520

Financials

$8.7M$4.1M2022$9.1M$5.8M2023$9.3M$9.4M2024
Revenue Expenses · by fiscal year end
Financials of GREATER BROWNSVILLE INCENTIVES CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$9,271,581$9,441,087-$169,506$46,209,471$1,235,361$44,974,110
September 30, 2024990$9,087,986$5,788,475$3,299,511$41,334,571$844,456$40,490,115
September 30, 2023990$8,749,232$4,137,451$4,611,781$37,635,568$444,963$37,190,605
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$7,836,935
Program service revenue
$0
Investment income
$1,206,078
Other revenue
$228,568

Expenses

Grants and similar amounts paid
$1,028,981
Compensation of officers, directors and key employees
$1,084,015
Salaries, compensation and benefits (total)
$1,570,718
Professional fundraising fees
$0
Legal fees
$42,627
Occupancy
$12,643
Travel
$6,696
Depreciation
$163,298
Program services (functional)
$1,972,981
Management and general (functional)
$7,468,106

Balance sheet and other

Total assets, start of year
$41,334,571
Total assets, end of year
$46,209,471
Total liabilities, end of year
$1,235,361
Net assets, end of year
$44,974,110
Land, buildings and equipment
$18,132,597
Net assets without donor restrictions
$36,236,587
Net assets with donor restrictions
$8,737,523
Gross receipts
$9,271,581
Employees
12
Volunteers
0
Year formed
1992
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 / weekCompensationOther / benefits
GILBERTO SALINASPRESIDENT AND CEO
Key employee
40$315,926$20,883
GERARDO BRIONESEXECUTIVE VICE PRESIDENT
Key employee
40$186,314$7,076
ELEAZAR RODRIGUEZDIRECTOR OF INDUSTRIAL PARKS
Key employee
40$129,404$20,027
SALVADOR VILLALPANDODIRECTOR OF BUDGET AND INVESTMENTS
Key employee
40$123,074$21,080
JOVANNA RANGELDIRECTOR OF DEFENSE AND SPACE AFFAIRS
Key employee
40$124,930$13,709
MARCELA SAENZVP GLOBAL ENGAGEMENT AND INVESTMENT
Key employee
40$122,057$6,981
ANKJAER JENSENCHAIRMAN
Trustee or director
1$0$0
JOE HINOJOSAVICE CHAIRMAN
Trustee or director
1$0$0
GERARDO GONZALEZTREASURER
Trustee or director
1$0$0
LILIANA ELIZONDOSECRETARY
Trustee or director
1$0$0
BENJAMIN PENABOARD MEMBER
Trustee or director
1$0$0
ANNA OQUINBOARD MEMBER
Trustee or director
1$0$0
FRANK OROZCOBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended September 30, 2024: 18 people
NameTitleHours / weekCompensationOther / benefits
BRET A GARDELLAEXECUTIVE DIRECTOR CEO
Former
40$172,272$28,363
GERARDO BRIONESDEPUTY DIRECTOR COO
Key employee
40$126,119$17,509
JOVANNA RANGELDIRECTOR OF BRE
Key employee
40$100,327$19,902
ELEAZAR RODRIGUEZDIRECTOR OF INDUSTRIAL PARKS
Key employee
40$96,545$17,302
ELSA M GALVANDIRECTOR OF OPERATIONS
Key employee, Former
40$94,035$18,365
SALVADOR VILLALPANDOFINANCE DIRECTOR
Key employee
40$77,004$18,802
ALEXA PEREZDIRECTOR OF MARKETING COMMUNICATIONS
Key employee, Former
40$71,695$12,195
MARLENE MURILLOADMINISTRATIVE ASSIST
Key employee
40$57,064$17,831
KARLA DE LA RIVADIRECTOR OF WORKFORCE
Key employee, Former
40$49,080$7,824
GILBERTO SALINASEXECUTIVE DIRECTOR CEO
Key employee
40$40,051$7,357
MARCELA SAENZDIRECTOR OF MARKETING COMMUNICATIONS
Key employee
40$9,852$1,527
ANKJAER JENSENCHAIRMAN
Trustee or director
1$0$0
JOE HINOJOSAVICE CHAIRMAN
Trustee or director
1$0$0
GERARDO GONZALEZTREASURER
Trustee or director
1$0$0
LILIANA ELIZONDOSECRETARY
Trustee or director
1$0$0
BENJAMIN PENABOARD MEMBER
Trustee or director
1$0$0
ANNA OQUINBOARD MEMBER
Trustee or director
1$0$0
FRANK OROZCOBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended September 30, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
GERARDO BRIONESDEPUTY ED COO
Highest-paid employee
40$101,696$6,395
KARLA DE LA RIVADIRECTOR OF WORKFORCE
Key employee
40$87,556$5,912
ELEAZAR RODRIGUEZDIRECTOR OF INDUSTRIAL
Key employee
40$75,377$5,674
BRET A GARDELLAEXECUTIVE DIRECTORCEO
Key employee
40$68,627$5,165
CONSTANZA MINERINTERIM EXEC DIRECTOR
Key employee
40$66,926$5,034
ELSA M GALVANDIRECTOR OF OPERATIONS
Key employee
40$62,480$4,186
JOVANNA RANGELDIRECTOR OF BUSINESS R
Key employee
40$33,858$2,548
MARLENE MURILLOADMINISTRATIVE ASSIST
Key employee
40$19,704$1,483
PABLO B MONTERODIRECTOR OF BUSINESS R
Key employee
40$10,964$588
LETICIA M NAVARROADMINISTRATIVE ASSIST
Key employee
40$9,393$707
SABRINA J HERNANDEZADMINISTRATIVE ASSIST
Key employee
40$1,226$0
JOHN COWENCHAIRMAN
Trustee or director
1$0$0
ANKJAER JENSENVICE CHAIRMAN
Trustee or director
1$0$0
GERARDO GONZALEZTREASURER
Trustee or director
1$0$0
JOE HINOJOSASECRETARY
Trustee or director
1$0$0
LILIANA ELIZONDOBOARD MEMBER
Trustee or director
1$0$0
ANNA OQUINBOARD MEMBER
Trustee or director
1$0$0
FRANK OROZCOBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
500 E SAINT CHARLES ST, BROWNSVILLE, TX 78520-5349
In care of
% SALVADOR VILLALPANDO
Principal officer (990 for 2024)
SALVADOR VILLALPANDO, 500 E SAINT CHARLES ST, BROWNSVILLE, TX 785205128
Signed the 990
GERARDO BRIONES, EXECUTIVE VICE PRESIDENT
Phone
(956) 431-8209

Mission

TO ACT ON BEHALF OF THE CITIZENS OF BROWNSVILLE TEXAS TO PROMOTE AND ENHANCE ECONOMIC AND INDUSTRIAL DEVELOPMENT OF THE AREA

990 for the year ended September 30, 2025

Program accomplishments

  • Provided 275,000 in financial support to Valley Initiative for Development and Advancement VIDA to support workforce development initiatives including education training and career development programs designed to strengthen the local workforce and promote economic opportunity.
    Expenses $275,000 · grants $275,000

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 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
74-2628588
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1992
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$46,209,471
Income (IRS master file)
$9,271,581

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$9,271,581$9,441,087$46,209,471XML
990September 2024$9,087,986$5,788,475$41,334,571XML
990September 2023$8,749,232$4,137,451$37,635,568XML
990September 2022$7,255,230$4,557,114$32,978,401IRS
990September 2021–––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 74-2628588).

Questions about GREATER BROWNSVILLE INCENTIVES CORPORATION

What is the EIN of GREATER BROWNSVILLE INCENTIVES CORPORATION?
The employer identification number (EIN) of GREATER BROWNSVILLE INCENTIVES CORPORATION is 74-2628588.
Is GREATER BROWNSVILLE INCENTIVES CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1992.
Are donations to GREATER BROWNSVILLE INCENTIVES CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GREATER BROWNSVILLE INCENTIVES 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 GREATER BROWNSVILLE INCENTIVES CORPORATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREATER BROWNSVILLE INCENTIVES 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 GREATER BROWNSVILLE INCENTIVES CORPORATION?
The 990 for the year ended September 30, 2025 names SALVADOR VILLALPANDO.
Who are the officers and directors of GREATER BROWNSVILLE INCENTIVES CORPORATION?
The 990 for the year ended September 30, 2025 lists 13 people; 6 received compensation from the organization, the highest $315,926 (GILBERTO SALINAS, PRESIDENT AND CEO).
How much revenue does GREATER BROWNSVILLE INCENTIVES CORPORATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $9,271,581, expenses of $9,441,087 and total assets of $46,209,471 at year end.

Other nonprofits in BROWNSVILLE

All nonprofits in BROWNSVILLE · Texas