2025-07-04T19:05:36-04:00 2024-12-31 742263745 Rochesgy Enterprise LLC 105 Abraham Ct El Paso TX 79915 990 2024-01-01 742099326 LOS EXES DE LA BOWIE & FRIENDS INC % JESUS SAAVEDRA LOSE 9155840521 2601 YANDELL ST STE S-108 El Paso TX 79903 JESUS SAAVEDRA TREASURER 9156300006 2025-07-02 false true JOSE ROCHA P00724584 9152047275 2025-07-04 X 2024 2025-03-06 01:10:19Z JESUS SAAVEDRA 2601 YANDELL ST STE S-108 El Paso TX 79903 139466 false X X 1976 TX PROVIDE RENTAL UNITS AND REHABILITATED HOMES FOR LOW INCOME FAMILIES AND CONSTRUCTION OF NEW HOMES TO BE SOLD AT LOW COST IN THE EL PASO COMMUNITY AREA. 5 5 1 5 0 0 0 78110 139466 0 0 78110 139466 0 0 20846 18350 0 0 61187 111229 82033 129579 -3923 9887 490604 457300 164363 121172 326241 336128 PROVIDE RENTAL UNITS AND REHABILITATED HOMES FOR LOW INCOME FAMILIES AND CONSTRUCTION OF NEW HOMES TO BE SOLD AT LOW COST IN THE EL PASO COMMUNITY AREA. false false 129579 139466 THERE ARE 19 EXHISTING RENTAL LOW INCOME UNITS RENTED TO 19 LOW INCOME FAMILIES. 129579 true false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true X 0 0 true 1 true false false false false true true false false false false false false false false false false false false X 5 5 false false false false false false false true false false false true false false false false false false TX X CARMEN A GOERNER 9155840521 810 S PARK ST El Paso TX 79901 X MARIO FERNANDEZ BOARD MEMBER 2.00 0.00 X 0 0 0 JESUS SAAVEDRA TREASURER 10.00 0.00 X X 0 0 0 FELIPE PERALTA VICE PRESIDENT 8.00 0.00 X X 0 0 0 CARMEN A GOERNER PRESIDENT 15.00 0.00 X X 0 0 0 0 0 0 0 false false false RENTAL UNITS 532000 139466 139466 139466 139466 139466 0 0 15915 15915 2435 2435 4049 4049 9216 9216 21699 21699 WATER 7544 7544 PHONE 1865 1865 MAINTENANCE 16684 16684 MORTGAGES 50172 50172 129579 129579 0 0 8792 3485 791786 340922 478861 450864 2951 2951 490604 457300 1468 162895 121172 164363 121172 X 326241 336128 326241 336128 490604 457300 9887 0 X true X true X true false X 0 94369 98150 95107 78110 139466 505202 505202 0.00000 0.00000 X 130000 130000 260000 531786 340922 190864 450864 false NONE NONE Unrelated business income explanation Part V line 3b THE BOARD MAKES CONFLICT OF INTEREST BE KNOWN BEFORE IT VOTES ON ITEMS ON THE MEETING AGENDA, IF A CONFLICT OF INTEREST EXISTS, THE BOARD MEMBER CAN NOT VOTE ON THAT ITEM. CURRENTLY THERE ARE VERY FEW ITEMS ON THE AGENDA THAT THERE WOULD BE CONFLICT OF INTEREST WITH ANY OF THE BOARD MEMBERS.THERE WAS $9,897. OF INCOME OVER EXPENSES AND THAT IS ONE OF THE BIGGEST INCREASE IN NET EQUITY, THE OTHER PART IS THE LOWERING OF LOAN BALANCES.THE BOARD DID HAVE AN INDEPENDENT ACCOUNTANT REVIEW THE BOOKKEEPERS FINANCIAL STATEMENTS FOR 2024.NO AUDIT IS NECESSARY SINCE THE TOTAL INCOME IS LESS THAN $140,000. AND EXPENSES UNDER REVENUE SHOW A GAIN OF REVENUE $9,897. THE BOARD DOES HAVE A TREASURER THAT OVERSEES THE COMPLETION OF FINANCIAL STATEMENTS AND ASKS FOR AN INDEPENDENT REVIEW. Officer directors etc family relationship Part VI line 2 LOS EXES DE LA BOWIE AND FRIENDS, INC. IS A NON PROFIT CORPORATION THAT WAS SET UP IN 1976 TO ACQUIRE LOW INCOME HOUSING TO HELP THE POOR PEOPLE BY PAYING LOWER RENTS. WE REHABED A FEW UNITS IN 1978 AND LATER SOME MORE, EVENTUALLY HAVING A TOTAL OF 19 RENTAL UNITS. WE UTILIZE THE RENTAL INCOME TO UPKEEP THE APARTMENTS, PAY A PARTIME PERSON TO COLLECT RENTS AND PAY FOR OFFICE EXPENSES OF TELEPHONE AND UTILITIES. WE ARE ALSO PAYING FOR MORTGAGES ON THOSE UNITS.ALL INFORMATION IS PUBLIC AND IS AVAILABLE TO THE PUBLIC UPON REQUEST.(Page 6)THE BOARD MEETS MONTHLY AND DISCUSSES AGENDA ITEMS AND VOTES ON AGENDA ITEMS THAT REQUIRE APPROVAL.THE BOARD ACCEPTS APPLICATIONS FROM THE COMMUNITY FROM ANY RESPONSIBLE INDIVIDUAL WILLING TO SERVE. THE BOARD MUST APPROVE NEW MEMBERS. Committee meeting documentation Part VI line 8b Meetings are monthly, minutes are written and available to all upon request to the board. Form 990 governing body review Part VI line 11 During monthly board meetings financials are presented, discussed and reviewed by board members Governing documents etc available to public Part VI line 19 All documentation is available to the public upon request from the board General explanation attachment ON PAGE 12, LINE 5, OTHER CHANGES IN NET ASSETS, THE BOARD DECIDED TO REFINANCE A LOAN WHERE WE WERE PAYING INTEREST ONLY AND AFTER FIVE AND HALF YEARS OF PAYING INTEREST ONLY, WE FELT WE WERE GETTING NOWHERE TO ACCOMPLISH OUR GOALS OF PAYING DOWN OUR LIABILITIES. IN DECEMBER OF 2024, WE WERE SUCCESSFUL IN REFINANCING THIS LOAN AT A LOWER INTEREST RATE THAT WILL ALLOW US TO PAY DOWN OUR PRINCIPAL. WE SPENT $950. IN CLOSING COSTS TO REFINANCE THIS LOAN. THIS IS NEEDED TO REPEAT OVER LAST YEAR SINCE WE HAVE FINALLY STARTED TO LOWER OUR LOAN DEBT.THERE IS NO COMPENSATION OF BOARD MEMBERS.