Ports-To-Plains Trade Corridor Coalition
- Assets
- $744.5k
- Revenue
- $675.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Lubbock, TX
- Founding
- 03/2001
- Data as of
- 12/2023
- EIN
- 75-2880913
Organization Overview
Ports-To-Plains Trade Corridor Coalition is located in Lubbock, TX. The organization was established in 2001. 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. As of 12/2023, Ports-To-Plains Trade Corridor Coalition employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ports-To-Plains Trade Corridor Coalition 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 12/2023, Ports-To-Plains Trade Corridor Coalition generated $675.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $829.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PORTS-TO-PLAINS TRADE CORRIDOR IS A GRASSROOTS ALLIANCE OF COMMUNITIES AND BUSINESSES WHOSE MISSION IS TO ADVOCATE FOR A ROBUST INTERNATIONAL TRANSPORTATION INFRASTRUCTURE TO PROMOTE ECONOMIC SECURITY AND PROSPERITY THROUGHOUT NORTH AMERICA'S ENERGY AND AGRICULTURAL HEARTLAND INCLUDING MEXICO TO CANADA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DEVELOP, PRESERVE, ENHANCE, EXPAND, AND IMPROVE THE PORTS-TO-PLAINS TRADE CORRIDOR FOR THE EFFICIENT AND EFFECTIVE TRANSPORTATION OF GOODS AND PEOPLE FROM MEXICO THROUGH THE UNITED STATES TO CANADA.
TO DEVELOP, PRESERVE, ENHANCE, EXPAND, AND IMPROVE THE PORTS-TO-PLAINS TRADE CORRIDOR FOR THE EFFICIENT AND EFFECTIVE TRANSPORTATION OF GOODS AND PEOPLE FROM MEXICO THROUGH THE UNITED STATES TO CANADA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Garduno President An | Officer | 40 | $120,500 |
Joe Kiely Vice Preside | Officer | 40 | $92,160 |
Coby Beckner Dircetor | Trustee | 2 | $0 |
Brad Bekkedahl Secretary | OfficerTrustee | 3 | $0 |
John Bertsch Director | Trustee | 2 | $0 |
Steve Burgess Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hance Scarborough Llp Consultant | 12/30/20 | $200,000 |
Covington And Burlington Llp Consultant | 12/30/20 | $120,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $546,857 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $546,857 |
| Total Program Service Revenue | $105,875 |
| Investment income | $22,808 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $675,761 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $212,660 |
| Compensation of current officers, directors, key employees. | $18,075 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $156,560 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $53,010 |
| Payroll taxes | $10,894 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,409 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $63,778 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,489 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,695 |
| All other expenses | $5,092 |
| Total functional expenses | $829,575 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,242 |
| Savings and temporary cash investments | $736,217 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $744,459 |
| Accounts payable and accrued expenses | $83,152 |
| Grants payable | $0 |
| Deferred revenue | $341,568 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $424,720 |
| Net assets without donor restrictions | $319,739 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $744,459 |