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Nonprofit · EIN 85-0674277

BORDERPLEX COMMUNITY CAPITAL INC

Tax-exempt · EL PASO, TX 79901

Financials

$9K$709K2023$81K$92K2024
Revenue Expenses · by fiscal year end
Financials of BORDERPLEX COMMUNITY CAPITAL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$80,591$92,413-$11,822$4,356,775$159,679$4,197,096
December 31, 2023990$8,654$708,732-$700,078$4,209,203$285$4,208,918
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$23,126
of which government grants
$18,126
Program service revenue
$20,157
Investment income
$37,308
Net gain from sales of assets
$301
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$12,744
Salaries, compensation and benefits (total)
$13,995
Professional fundraising fees
$0
Legal fees
$17,203
Accounting fees
$5,965
Travel
$7,166
Depreciation
$167
Program services (functional)
$42,479
Management and general (functional)
$48,822
Fundraising (functional)
$1,112

Balance sheet and other

Total assets, start of year
$4,209,203
Total assets, end of year
$4,356,775
Total liabilities, end of year
$159,679
Net assets, end of year
$4,197,096
Land, buildings and equipment
$4,831
Net assets without donor restrictions
$4,197,096
Gross receipts
$1,088,486
Employees
1
Year formed
2020
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Richard E PearsonChairman/Direct
Trustee or director, Officer
1.5$0$347,175$101,360
Hector VillegasPresident & CEO
Officer
37.5$0$209,516$91,437
David VillalbaSecretary
Officer
40$12,635$0$108
Manny PacillasViceChairm/Dir
Trustee or director, Officer
1$0$0$0
Laura PonceTreasurer/Dir
Trustee or director, Officer
1$0$0$0
Joe Alcantar JrDirector
Trustee or director
0.5$0$0$0
Satish BhaskarDirector
Trustee or director
0.5$0$0$0
Laura ButlerDirector
Trustee or director
0.5$0$0$0
Marcos DelgadoDirector
Trustee or director
0.5$0$0$0
Pat GordonDirector
Trustee or director
0.5$0$0$0
Myriam GuerreroDirector
Trustee or director
0.5$0$0$0
Georgina HernandezDirector
Trustee or director
0.5$0$0$0
Liliana MirandaDirector
Trustee or director
0.5$0$0$0
Marcela NavarreteDirector
Trustee or director
0.5$0$0$0
Paul PorrasDirector
Trustee or director
0.5$0$0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Richard E PearsonVP/Director
Trustee or director, Officer
1$0$328,328$97,343
Carmen M VargasSec/Treas/Dir
Trustee or director, Officer
1.5$0$151,792$55,498
Mario A PorrasDirector
Trustee or director, Officer
2.5$0$101,089$51,859
Hector VillegasPresident & CEO
Trustee or director, Officer
15$0$58,462$6,310

Address and contacts

Address (IRS master file)
333 N OREGON ST FL 2, EL PASO, TX 79901-1317
In care of
% R ERIC PEARSON
Principal officer (990 for 2024)
Hector Villegas, 333 N Oregon 2nd Floor, El Paso, TX 799011317
Signed the 990
Hector Villegas, CEO
Phone
(915) 533-4020

Mission

To provide safe and affordable capital and education by providing in the Borderplex region, which comprises El Paso County, Texas, Dona Ana County, New Mexico, and Cd. Juarez, Mexico, exclusively for charitable, educational, scientific and other exempt purposes under section 501(c)(3) of the Code.

990 for the year ended December 31, 2024

Program accomplishments

  • 1. Community Lending ProgramDisbursed $122,750.00 affordable loans to small businesses and nonprofits, supporting microloans, equipment, and working capital, and helping create and retain jobs in underserved communities.2. Capital Leveraging & PartnershipsLeveraged approved $500,000 in City of El Paso funding and $170,000 in interest buy-down support, and a $300,000 CDFI Fund TA award, expanding lending capacity, reducing borrower costs, and multiplying community impact.3. Technical Assistance & Capacity BuildingProvided financial literacy, loan readiness, and compliance support to women, veterans, and minority entrepreneurs, strengthening creditworthiness and long-term business sustainability.Other Program ServicesConducted community outreach across El Paso and southern New Mexico, promoting financial inclusion and increasing awareness of BCCs loan and TA programs through workshops, events, and direct engagement.
    Expenses $42,479

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-0674277
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,356,775
Income (IRS master file)
$1,088,486

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$80,591$92,413$4,356,775XML
990December 2023$8,654$708,732$4,209,203XML
990December 2022$2,002,105$1,408,481$4,909,846IRS
990December 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 85-0674277).

Questions about BORDERPLEX COMMUNITY CAPITAL INC

What is the EIN of BORDERPLEX COMMUNITY CAPITAL INC?
The employer identification number (EIN) of BORDERPLEX COMMUNITY CAPITAL INC is 85-0674277.
Is BORDERPLEX COMMUNITY CAPITAL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to BORDERPLEX COMMUNITY CAPITAL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does BORDERPLEX COMMUNITY CAPITAL INC 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 BORDERPLEX COMMUNITY CAPITAL INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BORDERPLEX COMMUNITY CAPITAL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BORDERPLEX COMMUNITY CAPITAL INC?
The 990 for the year ended December 31, 2024 names Hector Villegas.
Who are the officers and directors of BORDERPLEX COMMUNITY CAPITAL INC?
The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization.
How much revenue does BORDERPLEX COMMUNITY CAPITAL INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $80,591, expenses of $92,413 and total assets of $4,356,775 at year end.

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