MCALLEN ECONOMIC DEVELOPMENT CORPORATION (EIN 201334546) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

ELIZABETH SUAREZ

Phone

9566824306

Tax Period

2024-10-01 to 2025-09-30

MCALLEN ECONOMIC DEVELOPMENT CORPORATION, founded in 1988, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $1.6M exceeded revenue, resulting in a 19% operating deficit.

Mission

TO MAINTAIN THE LEADERSHIP ROLE IN INDUSTRIAL RECRUITMENT AND EXPANSION BY INCREASING JOBS IN THE MCALLEN - REYNOSA AREA AND TO WORK WITH THE MAYOR, CITY COMMISSION, MCALLEN CHAMBER OF COMMERCE, LOCAL BUSINESS AND THE PRIVATE SECTOR TO PLAN AND IMPLEMENT ECONOMIC DEVELOPMENT STRATEGIES CRITICAL FOR THE CONTINUED GROWTH AND DEVELOPMENT OF MCALLEN.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,314,345

Program Service Revenue $0

Investment Income $-3,777

Other Revenue $12,600

TOTAL REVENUE $1,323,168

Expense Breakdown

Grants Paid $0

Salaries & Benefits $566,411

Fundraising Expenses $0

Program Expenses $1,227,977

Other Expenses $1,001,716

TOTAL EXPENSES $1,568,127

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,323,168	$1,559,423	-0.2%
Expenses	$1,568,127	$1,519,424	+0.0%
Net Income	$-244,959	$39,999	-7.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR PABLO TAGLE III	CHAIRMAN	1.00	Director	$0	$0	$0
BILL WILSON	VICE-CHAIRMAN	1.00	Director	$0	$0	$0
BRIAN LEWIS	SECRETARY/TREASURER	1.00	Director	$0	$0	$0
ANNIE HOLAND-MILLER	BOARD MEMBER	1.00	Director	$0	$0	$0
ANGELICA LAGRANGE	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT NORMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
TREY PEBLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
NICK RHODES	BOARD MEMBER	1.00	Director	$0	$0	$0
ADRIAN VILLARREAL	BOARD MEMBER	1.00	Director	$0	$0	$0
JAVIER VILLALOBOS	MAYOR	1.00	Director	$0	$0	$0
TONY AGUIRRE	CITY COMMISSIONER	1.00	Director	$0	$0	$0
HERSHAL PATEL	CHAMBER ELECT	1.00	Director	$0	$0	$0
ELIZABETH SUAREZ	PRESIDENT	20.00	Officer	$0	$0	$0
MARK GARCIA	EXECUTIVE VICE PRESIDENT	20.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,323,168	$1,568,127	$523,939	$-244,959
2024	$1,559,423	$1,519,424	$734,852	$39,999
2023	$1,521,749	$1,402,272	$691,134	$119,477
2022	$1,433,905	$1,338,784	$577,418	$95,121
2021	$1,297,522	$1,281,052	$488,783	$16,470
2020	$1,410,155	$1,246,808	$473,564	$163,347
2019	$1,358,958	$1,475,314	$317,814	$-116,356
2018	$1,339,442	$1,495,862	$410,848	$-156,420

MCALLEN ECONOMIC DEVELOPMENT CORPORATION