2024-07-03T10:48:01-05:00 2023-08-31 261483953 SBNG PC 221 N KANSAS SUITE 1300 EL PASO TX 79901 990 2022-09-01 742796160 EL PASO COLLABORATIVE FOR COMMUNITY & ECONOMIC DEVELOPMENT ELPA 9154651191 3607 RIVERA AVENUE EL PASO TX 79905 BILL SCHLESINGER EXECUTIVE DIRECTOR 9155901210 2024-07-03 1 BILL SCHLESINGER 999009999 0 TELLO CABRERA P01550316 9155446770 2024-06-20 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BILL SCHLESINGER 3607 RIVERA AVENUE EL PASO TX 79905 400581 0 X WWW.EP-COLLAB.ORG X 1996 TX THE MISSION OF THE EL PASO COLLABORATIVE IS TO FACILITATE AFFORDABLE HOUSING AND SMALL BUSINESS AND ECONOMIC DEVELOPMENT IN EL PASO AND CONTIGUOUS COUNTIES. THE COLLABORATIVE IMPLEMENTS ITS MISSION BY PROVIDING LOAN PRODUCTS AND DEVELOPMENT SERVICES. 5 5 0 0 0 0 0 202876 163857 167527 9320 10048 137313 20130 310490 400581 0 0 0 0 93827 153676 0 0 0 289882 515818 383709 669494 -73219 -268913 4469841 4686838 220252 706162 4249589 3980676 THE MISSION OF THE EL PASO COLLABORATIVE IS TO FACILITATE AFFORDABLE HOUSING AND SMALL BUSINESS AND ECONOMIC DEVELOPMENT IN EL PASO AND CONTIGUOUS COUNTIES. THE COLLABORATIVE IMPLEMENTS ITS MISSION BY PROVIDING LOAN PRODUCTS AND DEVELOPMENT SERVICES. 0 0 215814 400581 REVOLVING LOAN PROGRAMEPC IS A U.S. TREASURY CERTIFIED COMMUNITY LENDER. THE ORGANIZATION ADMINISTERS LOANS TO SMALL BUSINESSES AND POTENTIAL HOMEBUYERS IN UNDERSERVED COMMUNITIES IN THE EL PASO, TX AREA TO FACILITATE ECONOMIC DEVELOPMENT. 373118 AFFORDABLE RENTAL PROGRAMEPC ACQUIRED 16 FORECLOSED SINGLE-FAMILY HOMES WITH FEDERAL FUNDS (HUD NSP2) AND AN ADDITIONAL 2 HOMES FROM THE CITY OF EL PASO (HUD NSP1). IN 2023, FOUR ADDITIONAL HOMES WERE PURCHASED. ALL 22 UNITS ARE RENTED BELOW MARKET RENTS TO LOW-MODERATE-MIDDLE INCOME HOUSEHOLDS. 588932 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 0 0 X WILLIAM SCHLESINGER 9155337057 3607 RIVERA AVENUE EL PASO TX 79905 LEE BORUNDANT SECRETARY 3.00 X 0 0 0 RON MUNDEN VICE CHAIR 1.00 X X 0 0 0 NEAL LOCKE CHAIR 3.00 X X 0 0 0 ARMANDO AVILA SENIOR VICE PRESIENT 1.00 X X 0 0 0 PERLA MICHEL BOARD MEMBER 1.00 X 0 0 0 BILL SCHLESINGER EXECUTIVE DIRECTOR 4.00 36.00 X 0 50604 0 0 50604 0 0 0 0 0 0 202876 202876 RENT INCOME 561000 167527 167527 167527 10048 10048 OTHER INCOME 561000 20130 20130 20130 400581 197705 0 0 132173 118956 13217 11474 10240 1234 10029 9026 1003 41070 35853 5217 55942 15564 40378 2167 765 1402 14796 101 14695 3593 3527 66 1642 1642 9184 9184 43592 43592 26020 26020 RENTAL PROPERTY MAINTEN 127393 127393 ARPA LOAN FORGIVENESS 126400 126400 NSP LOAN FORGIVENESS 40902 40902 PROJECT DEVELOPMENT 15529 15529 7588 5880 1708 669494 588932 80562 0 689743 445123 201789 5718 1540 1486 2193240 2394622 5654 5654 2267928 433693 1377875 1834235 4469841 4686838 1559 25148 157124 5601 7884 200000 500000 13092 16006 220252 706162 X 409954 564906 3839635 3415770 4249589 3980676 4469841 4686838 -268913 0 X X 0 1 X 1 0 X 153046 192876 345922 153046 192876 345922 345922 10364 10723 16499 9320 10048 56954 10730 6261 15884 27863 24042 84780 487656 760593 0.70940 0.65000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 5601 11897 9614 7884 1 X 375592 375592 1854555 433693 1420862 37781 37781 1834235 SECURITY DEPOSITS 16006 16006 0 0 0 0 0 669494 0 669494 0 669494 PART IV, LINE 2B: EL PASO COLLABORATIVE FOR COMMUNITY & ECONOMIC DEVELOPMENT MAINTAINS AN ESCROW ACCOUNT FOR MORTGAGE RECEIVABLES FROM WHICH IT PAYS PROPERTY TAXES AND INSURANCE AS THEY BECOME DUE. THE AMOUNT COLLECTED FOR ESCROW IS INCLUDED IN THE BORROWER'S REGULAR MONTHLY REPORT. PROJECT VIDA BOARD MEMBERSHIP PARTIALLY OVERLAPPING 41070 PROJECT VIDA PROVIDES ADMINISTRATIVE SERVICES AND SERVES AS THE FISCAL AGENT FOR SEVERAL FUNCTIONS THAT OVERLAP WITH EPC. PROJECT VIDA CHARGES FEES FOR ADMINISTRATIVE SERVICES PROVIDED TO EPC ON A MONTHLY BASIS. THE ORGANIZATION INCURRED ADMINISTRATIVE FEES OF $41,070 FOR THE YEAR ENDED AUGUST 31, 2023. 0 PROJECT VIDA BOARD MEMBERSHIP PARTIALLY OVERLAPPING 24585 EPC CONTRACTED WITH PROJECT VIDA TO PROVIDE ADMINISTRATIVE SUPPORT IN WHICH PROJECT VIDA ADVANCES EPC PAYROLL, EMPLOYEE BENEFITS, CONTRACT SERVICES, AND OCCUPANCY EXPENSES THROUGH AN INTER-AGENCY CASH FLOW LOAN AGREEMENT. FOR THE YEAR ENDED AUGUST 31, 2023, EPC OWED AN OUTSTANDING BALANCE OF $24,585 TO PROJECT VIDA. 0 PROJECT VIDA BOARD MEMBERSHIP PARTIALLY OVERLAPPING 1566128 THE ORGANIZATION HAS SEVERAL FORGIVABLE NOTES RECEIVABLE OUTSTANDING IN WHICH PROJECT VIDA IS THE BORROWER. THE TOTAL BALANCE OF FORGIVABLE NOTES RECEIVABLE DUE FROM PROJECT VIDA WAS $1,566,128 AT AUGUST 31, 2023. 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE MEMBER. THE MEMBER SHALL BE PROJECT VIDA AS SET FORTH IN THE ORGANIZATION'S AMENDED AND RESTATED ARTICLES OF INCORPORATION AND AMENDED BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A PURSUANT TO THE ORGANIZATION'S AFFIRMATION AGREEMENT WITH PROJECT VIDA, THE ORGANIZATION AGREED TO AFFORD AN INITIAL MAJORITY OF THE ORGANIZATION'S BOARD OF DIRECTORS TO PROJECT VIDA. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER, PROJECT VIDA, SHALL HAVE THE VOTING AND OTHER RIGHTS SET FORTH IN THE AMENDED BYLAWS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT OF THE 990 IS PREPARED BY THE SELECTED ACCOUNTING FIRM. AFTER STAFF REVIEW, IT IS SUBMITTED TO THE ORGANIZATION'S EXECUTIVE COMMITTEE (CHAIR, VICE CHAIR, AND SECRETARY/TREASURER) FOR THEIR REVIEW. THE SECRETARY/TREASURER PRESENTS THE DRAFT TO THE FULL BOARD AT ITS REGULARLY SCHEDULED MEETING FOR REVIEW AND APPROVAL PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH INQUIRIES OF ITS MEMBERS DURING BOARD AND STAFF MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS ESTABLISHES THE SALARY OF THE EXECUTIVE DIRECTOR UPON HIRING. SALARY ADJUSTMENTS ARE BASED UPON PERFORMANCE AND AVAILABILITY OF FUNDS. THE BOARD EVALUATES THE EXECUTIVE DIRECTOR'S PERFORMANCE ANNUALLY. THE EXECUTIVE DIRECTOR IS RESPONSIBLE FOR ESTABLISHING SALARIES AND ADJUSTMENTS FOR STAFF BASED UPON PERFORMANCE AND AVAILABILITY OF FUNDS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS OF THE ORGANIZATION HAS LOST THREE BOARD MEMBERS AND ACQUIRED TWO NEW BOARD MEMBERS. PROJECT VIDA 3607 RIVERA EL PASO TX 79905 742481679 PROVIDES COMMUNITY SERVICE AND DEVELOPMENT TX 501(C)(3) LINE 7 N/A 0 PROJECT VIDA COMMUNITY DEVELOPMENT CORPORATION 3607 RIVERA EL PASO TX 79905 742606469 TO ACQUIRE AND DEVELOP AFFORDABLE HOUSING AND FACILITIES. TX 501(C)(3) LINE 7 N/A 0 PROJECT VIDA HEALTH CENTER 3607 RIVERA EL PASO TX 79905 680541648 TO PROVIDE INTEGRATED PRIMARY CARE AND SOCIAL SERVICES TX 501(C)(3) LINE 7 N/A 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 PROJECT VIDA M 41070 COST PROJECT VIDA E 24585 COST PROJECT VIDA D 1566128 COST PROJECT VIDA N 0 NO VALUE ASSIGNED PROJECT VIDA O 132173 COST