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Nonprofit · EIN 74-1547455

MCALLEN ECONOMIC DEVELOPMENT CORPORATION

Also known as MCALLEN FOREIGN TRADE ZONE

Tax-exempt · MCALLEN, TX 78503

Financials

$6.4M$5.5M2022$6.5M$5.8M2023$7M$5.8M2024
Revenue Expenses · by fiscal year end
Financials of MCALLEN ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$6,960,299$5,817,113$1,143,186$31,954,853$8,704,891$23,249,962
September 30, 2024990$6,534,396$5,795,096$739,300$31,289,308$9,182,532$22,106,776
September 30, 2023990$6,403,289$5,516,859$886,430$31,176,756$9,809,279$21,367,477
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$6,651,547
Investment income
$232,466
Net gain from sales of assets
-$1,950
Other revenue
$76,286

Expenses

Grants and similar amounts paid
$153,136
Compensation of officers, directors and key employees
$327,676
Other salaries and wages
$829,178
Salaries, compensation and benefits (total)
$1,564,466
Professional fundraising fees
$0
Legal fees
$57,392
Accounting fees
$33,724
Travel
$18,783
Depreciation
$916,253
Program services (functional)
$4,776,076
Management and general (functional)
$1,041,037

Balance sheet and other

Total assets, start of year
$31,289,308
Total assets, end of year
$31,954,853
Total liabilities, end of year
$8,704,891
Net assets, end of year
$23,249,962
Land, buildings and equipment
$22,190,334
Net assets without donor restrictions
$23,249,962
Gross receipts
$6,972,549
Employees
22
Volunteers
0
Year formed
1965
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
MARK GARCIAPRESIDENT
Officer
4$196,929$14,115
SANDRA BARBOSAVICE PRESIDENT
Trustee or director, Officer
4$130,747$0
JIM DARLINGPRESIDENT
Trustee or director
1$0$0
BRIAN LEWISSECRETARY/TREASURER
Trustee or director
1$0$0
COMMISSIONER VICTOR SEBY HADDADCITY COMMISIONER
Trustee or director
1$0$0
DR PABLO TAGLE IIICHAIRMAN
Trustee or director
1$0$0
BILL WILSONVICE-CHAIRMAN
Trustee or director
1$0$0
MATTHEW WOLTHOFFDIRECTOR
Trustee or director
1$0$0
RONNIE TAVAREZDIRECTOR
Trustee or director
1$0$0
ALMA ORTEGA-JOHNSONDIRECTOR
Trustee or director
1$0$0
KEITH MOOREDIRECTOR
Trustee or director
1$0$0
JASON LEALDIRECTOR
Trustee or director
1$0$0
BRIAN DISQUEDIRECTOR
Trustee or director
1$0$0
ERNIE WILLIAMSDIRECTOR
Trustee or director
1$0$0
MARK FREELANDMAYOR
Trustee or director
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
MAYOR JAVIER VILLALOBOSMAYOR
Trustee or director
1$0
990 for the year ended September 30, 2024: 14 people
NameTitleHours / weekCompensationOther / benefits
KEITH PARTRIDGEPRESIDENT
Officer
20$188,716$1,830
MARK GARCIAEXECUTIVE VICE PRESIDENT
Officer
20$177,501$10,650
MARK FREELANDCHAIRMAN
Trustee or director
4$0$0
BILL WILSONTREASURER
Trustee or director
1$0$0
DR PABLO TAGLE IIIVICE-CHAIRMAN
Trustee or director
1$0$0
BRIAN DISQUEDIRECTOR
Trustee or director
1$0$0
JASON LEALDIRECTOR
Trustee or director
1$0$0
KEITH MOOREDIRECTOR
Trustee or director
1$0$0
ALMA ORTEGA-JOHNSONDIRECTOR
Trustee or director
1$0$0
RONNIE TAVAREZDIRECTOR
Trustee or director
1$0$0
MATTHEW WOLTHOFFDIRECTOR
Trustee or director
1$0$0
COMMISSIONER VICTOR SEBY HADDADDIRECTOR
Trustee or director
1$0$0
MAYOR JAVIER VILLALOBOSDIRECTOR
Trustee or director
1$0$0
STEPHEN WINGERTDIRECTOR
Trustee or director
1$0$0
990 for the year ended September 30, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
KEITH PARTRIDGEPRESIDENT
Officer
20$217,699$12,168
MARK GARCIAEXECUTIVE VICE PRESIDENT
Officer
20$183,787$10,493
MARK FREELANDCHAIRMAN
Trustee or director
4$0$0
BILL WILSONTREASURER
Trustee or director
1$0$0
DR PABLO TAGLE IIIVICE-CHAIRMAN
Trustee or director
1$0$0
BRIAN DISQUEDIRECTOR
Trustee or director
1$0$0
JASON LEALDIRECTOR
Trustee or director
1$0$0
KEITH MOOREDIRECTOR
Trustee or director
1$0$0
ALMA ORTEGA-JOHNSONDIRECTOR
Trustee or director
1$0$0
RONNIE TAVAREZDIRECTOR
Trustee or director
1$0$0
MATTHEW WOLTHOFFDIRECTOR
Trustee or director
1$0$0
COMMISSIONER VICTOR SEBY HADDADDIRECTOR
Trustee or director
1$0$0
MAYOR JAVIER VILLALOBOSDIRECTOR
Trustee or director
1$0$0
STEPHEN WINGERTDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
6401 S 33RD ST, MCALLEN, TX 78503-8804
In care of
% MCALLEN CHAMBER OF COMMERCE
Principal officer (990 for 2024)
MARK GARCIA, 6401 S 33RD, MCALLEN, TX 78503
Signed the 990
MARK GARCIA, EXECUTIVE VICE PRESIDENT
Phone
(956) 682-4306
Return prepared by
CARR RIGGS & INGRAM LLC

Mission

TO PROMOTE, MANAGE, AND OPERATE THE MCALLEN FOREIGN TRADE ZONE AS A BUSINESS AND IN A MANNER CONSISTENT WITH CREATION OF JOBS AND ECONOMIC DEVELOPMENT FOR THE COMMUNITY.

990 for the year ended September 30, 2025

Program accomplishments

  • TO OPERATE AND MANAGE THE FOREIGN TRADE ZONE AND TO PROMOTE ECONOMIC DEVELOPMENT IN THE COMMUNITY.
    Expenses $4,776,076

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
74-1547455
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1971
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$31,954,853
Income (IRS master file)
$6,972,549

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$6,960,299$5,817,113$31,954,853XML
990September 2024$6,534,396$5,795,096$31,289,308XML
990September 2023$6,403,289$5,516,859$31,176,756XML
990September 2022$6,280,082$4,863,493$26,850,174IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2018–––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 74-1547455).

Questions about MCALLEN ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of MCALLEN ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of MCALLEN ECONOMIC DEVELOPMENT CORPORATION is 74-1547455.
Is MCALLEN ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1971.
Are donations to MCALLEN ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MCALLEN ECONOMIC DEVELOPMENT 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 MCALLEN ECONOMIC DEVELOPMENT 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 MCALLEN ECONOMIC DEVELOPMENT 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 MCALLEN ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2025 names MARK GARCIA.
Who are the officers and directors of MCALLEN ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2025 lists 16 people; 2 received compensation from the organization, the highest $196,929 (MARK GARCIA, PRESIDENT).
How much revenue does MCALLEN ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $6,960,299, expenses of $5,817,113 and total assets of $31,954,853 at year end.

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