Ftz Intermodal is located in Mcallen, TX. The organization was established in 2011. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ftz Intermodal is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Ftz Intermodal generated $19.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.6%) each year. All expenses for the organization totaled $1.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (36.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO OPERATE AND MANAGE THE FOREIGN TRADE ZONE IN MEXICO AND TO ASSIST THE UNITED STATES FOREIGN TRADE ZONE TO PROMOTE THE ECONOMIC DEVELOPMENT IN THE MCALLEN, TEXAS AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Freeland Chairman | 1 | $0 | |
Alma Ortega-Johnson Secretary, Treasurer | 0 | $0 | |
Dr Pablo Tagle III Vice Chairman | 1 | $0 | |
Keith Patridge President | 0 | $0 | |
Mark Garcia Executive Vice President | 0 | $0 | |
Jim Darling Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $15 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $19,737 |
Total Revenue | $19,752 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,250 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $123 |
Total expenses | $1,373 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $67,962 |
Other assets | $0 |
Total assets | $71,832 |
Total liabilities | $1,095 |
Net assets or fund balances | $70,737 |
Over the last fiscal year, we have identified 1 grants that Ftz Intermodal has recieved totaling $100,000.
Awarding Organization | Amount |
---|---|
Mcallen Economic Development Corporation Mcallen, TX PURPOSE: TO PROMOTE ECONOMIC DEVELOPMENT | $100,000 |
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