Nonprofit · EIN 85-1758990
PHARR ECONOMIC DEVELOPMENT CORPORATION FOUNDATION
Tax-exempt · PHARR, TX 78577
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $279,698 | $189,401 | $90,297 | $184,061 | $3,500 | $180,561 |
| December 31, 2024 | 990 | $160,409 | $276,261 | -$115,852 | $93,764 | $3,500 | $90,264 |
| December 31, 2023 | 990 | $368,694 | $364,525 | $4,169 | $41,394 | $0 | $41,394 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $150,000
- of which government grants
- $150,000
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- $129,698
- Other revenue
- $129,698
Expenses
- Grants and similar amounts paid
- $164,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $725
- Program services (functional)
- $176,593
- Management and general (functional)
- $12,808
Balance sheet and other
- Total assets, start of year
- $93,764
- Total assets, end of year
- $184,061
- Total liabilities, end of year
- $3,500
- Net assets, end of year
- $180,561
- Net assets without donor restrictions
- $180,561
- Gross receipts
- $300,821
- Employees
- 0
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Victor Perez | President Trustee or director, Officer | 1 | $0 |
| Reynaldo Perez | Vice President Trustee or director, Officer | 1 | $0 |
| Johnny Rodriguez | Secretary Trustee or director, Officer | 1 | $0 |
| Elizabeth Chavez Jr | Board Member Trustee or director | 1 | $0 |
| Veronica Gonzalez | Board Member Trustee or director | 1 | $0 |
| Hans Humphrey | Board Member Trustee or director | 1 | $0 |
| Jerry Maddox | Board Member Trustee or director | 1 | $0 |
| Dr Annabelle Palomo | Board Member Trustee or director | 1 | $0 |
| Brenda Tudor | Board Member Trustee or director | 1 | $0 |
| Damian Guevara | Board Member Trustee or director | 1 | $0 |
| Blanca Villalobos | Board Member Trustee or director | 1 | $0 |
| Maria E Guerra | Board Member Trustee or director | 1 | $0 |
| Mariana Linaldi | Board Member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Elizabeth Chavez Jr | Board Member Trustee or director | 1 | $0 |
| Veronica Gonzalez | Board Member Trustee or director | 1 | $0 |
| Hans Humphrey | Board Member Trustee or director | 1 | $0 |
| Jerry Maddox | Board Member Trustee or director | 1 | $0 |
| Dr Annabelle Palomo | Board Member Trustee or director | 1 | $0 |
| Brenda Tudor | Board Member Trustee or director | 1 | $0 |
| Damian Guevara | Board Member Trustee or director | 1 | $0 |
| Blanca Villalobos | Board Member Trustee or director | 1 | $0 |
| Maria E Guerra | Board Member Trustee or director | 1 | $0 |
| Marisol Chavez | Board Member Trustee or director | 1 | $0 |
| Mariana Linaldi | Board Member Trustee or director | 1 | $0 |
| Victor Perez | President Trustee or director, Officer | 1 | $0 |
| Reynaldo Perez | Vice President Trustee or director, Officer | 1 | $0 |
| Johnny Rodriguez | Secretary Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jerry Maddoz | Board Member Trustee or director | 1 | $0 |
| Sara Lozano | Board Member Trustee or director | 1 | $0 |
| Hans Humphrey | Board Member Trustee or director | 1 | $0 |
| Damian Guevara | Board Member Trustee or director | 1 | $0 |
| Robert Tudor | Board Member Trustee or director | 1 | $0 |
| Dr Annabelle Palomo | Board Member Trustee or director | 1 | $0 |
| Veronica Gonzalez | Board Member Trustee or director | 1 | $0 |
| Elizabeth Chavez Jr | Board Member Trustee or director | 1 | $0 |
| Edna De Saro | Board Member Trustee or director | 1 | $0 |
| Reynaldo Perez | Vice President Trustee or director, Officer | 1 | $0 |
| Victor Perez | President Trustee or director, Officer | 1 | $0 |
| Johnny Rodriguez | Secretary Trustee or director, Officer | 1 | $0 |
| Juan Pena | Treasurer Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1215 S CAGE BLVD, PHARR, TX 78577-5941
- In care of
- % VICTOR PEREZ
- Mailing address (990-N for 2025)
- 118 South Cage, Pharr TX 78577
- Principal officer (990-N for 2025)
- Ambrosio Hernandez, 118 South Cage, Pharr TX 78577
- Signed the 990
- VICTOR PEREZ, President
- Phone
- (956) 402-4332
- Return prepared by
- Oscar R Gonzalez CPA & Associates
Mission
To support and promote endeavors that foster educational, occupational, and career opportunities for Pharr residents to advance their socioeconomic status and enhance their quality of life.
Program accomplishments
- Provide scholarships to students in the Pharr community to advance their educational opportunities and their socioeconomic status, and enhance their quality of life.Expenses $176,593 · grants $164,000
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-1758990
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43)
- Assets (IRS master file)
- $184,061
- Income (IRS master file)
- $300,821
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Ambrosio Hernandez | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2025 | $279,698 | $189,401 | $184,061 | IRS |
| 990 | December 2024 | $160,409 | $276,261 | $93,764 | XML |
| 990 | December 2023 | $368,694 | $364,525 | $41,394 | XML |
| 990 | December 2022 | $183,560 | $146,335 | $37,225 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | 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 85-1758990).
Questions about PHARR ECONOMIC DEVELOPMENT CORPORATION FOUNDATION
- What is the EIN of PHARR ECONOMIC DEVELOPMENT CORPORATION FOUNDATION?
- The employer identification number (EIN) of PHARR ECONOMIC DEVELOPMENT CORPORATION FOUNDATION is 85-1758990.
- Is PHARR ECONOMIC DEVELOPMENT CORPORATION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to PHARR ECONOMIC DEVELOPMENT CORPORATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PHARR ECONOMIC DEVELOPMENT CORPORATION FOUNDATION 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 PHARR ECONOMIC DEVELOPMENT CORPORATION FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PHARR ECONOMIC DEVELOPMENT CORPORATION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of PHARR ECONOMIC DEVELOPMENT CORPORATION FOUNDATION?
- The 990-N for 2025 names Ambrosio Hernandez.
- Who are the officers and directors of PHARR ECONOMIC DEVELOPMENT CORPORATION FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does PHARR ECONOMIC DEVELOPMENT CORPORATION FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $279,698, expenses of $189,401 and total assets of $184,061 at year end.
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- RIO GRANDE VALLEY - TEXAS ASSOCIATION OF BILINGUAL EDUCATORS EIN 46-3679735 · last filed 990-EZ for 2025
- NUESTRA CLINICA DEL VALLE INC EIN 74-1721807 · last filed 990 for 2025
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- WORLD RADIO NETWORK INC EIN 74-2240000 · last filed 990 for 2025
- BEHAVIORAL HEALTH SOLUTIONS OF SOUTH TEXAS EIN 74-2648885 · last filed 990 for 2025
All nonprofits in PHARR · Texas · Community improvement and capacity building