Transportation Excellence For The 21st Century Tex-21, operating under the name Tex-21, is located in Dallas, 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tex-21 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 09/2022, Tex-21 generated $461.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $433.8k during the year ending 09/2022. While expenses have increased by 1.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS WORKING WITH FEDERAL, STATE AND LOCAL GOVERNMENT TO IMPROVE TRANSPORTATION IN TEXAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN COMMUNITIES ACROSS TEXAS, TRANSPORTATION HAS BECOME A SIGNIFICANT ECONOMIC DEVELOPMENT AND QUALITY OF LIFE ISSUE THAT MUST BE ADDRESSED ON A DAILY BASIS. DESPITE AN INCREASE IN FEDERAL FUNDIUNG, THE STATE IS ABLE TO FUND LESS THAN 40% OF THE NEEDED TRANSPORTATION PROJECTS. STATEWIDE AND LOCAL COMMUNITIES INCREASINGLY HAVE TO SHOULDER MORE OF THE TRANSPORTATION BURDEN. THE RAPID TRANSPORTATION GROTH OF THE 90'S IN CONJUNCTION WITH THE INCREASED COMMERCIAL TRAFFIC FLOW FROM NAFTA, IS STRAINING OUR STATEWIDE TRANSPORTATION INFRASTRUCTURE. OUR GOAL IS TO BRING TEXAS THE STATEWIDE TRANSPORTATION IT NEEDS AND DESERVES THROUGH THE FOLLOWING ACTIVITIES: 1. RAISING THE TRANSPORTATION CONCIOUSNESS ACROSS THE STATE BY MEETING WITH MEMBERS OF THE COALITION ON A PERIODIC BASIS 2. ENCOURAGING THE DEVELOPMENT AND IMPLEMENTATIONOF LAWS, REGULATIONS, RULES AND POLICIES THAT BENEFIT THE ENTIRE STATE 3. ACHIEVING TEX-21 GOALS WITH REGARD TO TRANSPORTATION, ECONOMIC DEVELOPMENT AND COORDINATION OJJECTIVES 4. ARTICULATE POSITIONS, INTERFACING WITH, AND REPRESENTING TEX-21'S INTERESTS BEFORE GOVERMNMENT, QUASI-GOVERNMENT AND PRIVATE ENTITIES 5. WORKING COLLECTIVELY TO PROMOTE GOODWILL AND COLLABORATIVE RELATIONSHIPS AMONG THE UNITED STATES, CANADA, MEXICO AND VARIOUS TRADE COALITIONS WITHIN THE STATE OF TEXAS 6. FACILITATING A SHARED VISION TOWARD TRANSPORTATION IMPROVEMENTS AND ECONOMIC ACTIVITIES WITH TEX-21 7. PROMOTING SAFETY AND ENCOURAGING ECONOMIC ACTIVITY WITHIN THE STATE OF TEXAS 8. ENGAGING IN ANY AND ALL OTHER ACTIVITIES WHICH THE ORGANIZATION DETERMINES WILL BE IN FURTHERANCE OF THE GOALS OF TEX-21 AND WHICH IS PERMITTED BY ARTICLE 1396-2.01 OF TEXAS NON-PROFIT CORPORATION ACT, AS AMENDED, AND ALL OTHER FEDERAL LAWS AND REGULATIONS REGARDING AN ORGANIZATION QUALIFYING AS A TAX EXEMPT ENTITY UNDER SECTION 501 (C)(6)OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. EACH OF THESE ACTIVITIES WILL BE CONDUCTED BY THE EXECUTIVE COMMITTEE, SUBCOMMITTEES AND TASK FORCES AT SUCH LOCATIONS AND AT SUCH TIMES AS IS NECESSARY FOR THE SUCCESSFUL ENGAGEMENT AND COMPLETION OF EACH ACTIVITY; HOWEVER, 100% OF THE TIME SPENT BY THE MEMBERS AND OFFICERS OF THE ORGANIZATION WILL BE SPENT ON THE ACTIVITIES THAT FURTHER THE GOALS OF TEX-21. IN ADDITION TO THE ABOVE DESCRIBED ACTIVITIES, THE ORGANIZATION HAS AND WILL HOLD MEETINGS THAT WILL OFFER THE MEMBERS OF THE ORGANIZATION THE OPPORTUNITITY TO MEET ONE ANOTHER AND WORK ON TRANSPORTTION ISSUES. ALSO, MEMBERS AND OFFICERS HAVE PREVIOUSLY AND WILL IN THE FUTURE ATTEND MEETINGS OF VARIOUS FEDERAL, STATE AND LOCAL GOVERNMENTS AND THE PRIVATE SECTOR TO PROMOTE TRANSPORTATION ISSUES. THE ORGANIZATION'S ARTICLES OF INCORPORATION EXPRESSLY FORBID INTERVENING IN ANY ACTIVITY OR TRANSACTION WHICH RESULTS IN THE LOSS BY THE ORGANIZATION OF ITS STATUS AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXATION UNDER 501(C)OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND THE USE OF ANY PART OF ITS ASSETS IN ANY SUCH ACTIVITY OR TRANSACTION IS EXPRESSLY PROHIBITED.
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Fickes Chairman | Trustee | 5 | $0 |
Carol Strain-Burk Treasurer | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $461,250 |
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 | $461,250 |
Total Program Service Revenue | $0 |
Investment income | $38 |
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 | $461,288 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,375 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $432,404 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $433,779 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $132,024 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $26,200 |
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 | $158,224 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $107,500 |
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 | $107,500 |
Net assets without donor restrictions | $0 |
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 | $50,724 |
Total liabilities and net assets/fund balances | $158,224 |
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