Form 990 for tax year 2022
Filed by MESILLA VALLEY ECONOMIC DEVELOPMENT ALLIANCE.
Totals
- Total revenue
- $1,148,514
- Total expenses
- $1,079,908
- Contributions and grants received
- $1,126,000
- Grants paid
- $0
- Program service revenue
- $18,227
- Investment income
- $4,287
- Other revenue
- $0
- Total assets, end of year
- $812,255
- Total liabilities, end of year
- $218,064
- Net assets or fund balances, end of year
- $594,191
- Program services expenses (Part IX)
- $847,829
- Management and general expenses
- $163,971
- Fundraising expenses
- $68,108
- Program service expenses (Part III)
- $847,829
Program services were 78.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$896,000
-
1b · Membership dues
$230,000
-
2a · Program service revenue: SPONSORSHIPS
total $18,227 · related or exempt $18,227
-
3 · Investment income
total $4,287 · related or exempt $4,287
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $193,816 · program services $135,671 · management and general $38,763 · fundraising $19,382
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $395,397 · program services $276,777 · management and general $79,080 · fundraising $39,540
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $67,492 · program services $53,994 · management and general $13,498
-
10 · Payroll taxes
total $40,460 · program services $30,069 · management and general $8,092 · fundraising $2,299
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $14,236 · program services $11,389 · management and general $2,847
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $19,003 · program services $19,003
-
13 · Office expenses
total $6,852 · program services $5,482 · management and general $1,370
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $37,654 · program services $37,654
-
17 · Travel
total $78,342 · program services $78,342
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $4,304 · program services $3,443 · management and general $861
-
23 · Insurance
total $4,721 · program services $3,777 · management and general $944
-
24a · Other expenses: CONSULTANTS
total $74,483 · program services $74,483
-
24b · Other expenses: PROSPECT EXPENSES AND EXPANSIO
total $57,916 · program services $46,333 · management and general $11,583
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $26,587 · program services $21,270 · management and general $5,317
-
24d · Other expenses: COMMUNITY RELATIONS
total $14,066 · program services $14,066
-
24e · All other expenses
total $44,579 · program services $36,076 · management and general $1,616 · fundraising $6,887
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $572,240 · end of year $678,510
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $33,820 · end of year $29,958
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $1,400 · end of year $1,481
-
10a · Land, buildings and equipment: cost or other basis
$42,547
-
10b · Land, buildings and equipment: accumulated depreciation
$28,428
-
10c · Land, buildings and equipment, net
beginning of year $15,718 · end of year $14,119
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $575 · end of year $88,187
-
17 · Accounts payable and accrued expenses
beginning of year $97,336 · end of year $218,064
-
27 · Net assets without donor restrictions
beginning of year $526,417 · end of year $594,191
Mission and programs · 2022
Mission
ECONOMIC DEVELOPMENT
-
INDUSTRIAL AND ECONOMIC DEVELOPMENT PROGRAMS TO ENHANCE THE QUALITY OF LIFE FOR MESILLA VALLEY RESIDENTS.
Expenses $847,829
As filed on the 2022 return.
Listed in Part VII
-
Davin LopezDAVIN LOPEZ
PRESIDENT/CEO
- Total calculated
- $193,871
- From this org
- $179,025
- From related orgs
- $0
- Other
- $14,846
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $179,025
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $14,846
- Filer's total
- $193,871
-
Christine WrightCHRISTINE WRIGHT
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Lorenzo Alba JrLORENZO ALBA JR
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Jacob SlavecJACOB SLAVEC
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Hideberto MorenoHIDEBERTO MORENO
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Rico GonzalesRICO GONZALES
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Councilor Tessa AbeytaCOUNCILOR TESSA ABEYTA
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Belia AlvarezBELIA ALVAREZ
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Joe BullockJOE BULLOCK
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Commissioner Susana ChaparroCOMMISSIONER SUSANA CHAPARRO
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Matthew ConradMATTHEW CONRAD
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Giovany DanelGIOVANY DANEL
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
John HarrisJOHN HARRIS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Fernando MaciasFERNANDO MACIAS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Eric MontgomeryERIC MONTGOMERY
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Debbi MooreDEBBI MOORE
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Sherley O'BrienSHERLEY O'BRIEN
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Major Javier PereaMAJOR JAVIER PEREA
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ifo PiliIFO PILI
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Eric SaundersERIC SAUNDERS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Travis TarryTRAVIS TARRY
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Susan TegmeyerSUSAN TEGMEYER
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Monica TorresMONICA TORRES
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ken Van Winkle PhDKEN VAN WINKLE PHD
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Terra V Winter PhDTERRA V WINTER PHD
MEMBER
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401319349302830
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