CSCharityScored
84

Mcallen Economic Development Corporation

Other · Mcallen, Texas

6401 S 33Rd St, Mcallen, TX 78503-8804

EIN: 741547455· Founded: Sep 1971· 55 years active· Filing Year: 2023

Annual Revenue

$6.4M

Total Expenses

$5.5M

Total Assets

$31.2M

Program Spending

108%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$401K

7.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$796K

Total Payroll

$1.2M

22% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 22%
Other overhead: -8%
Program Revenue$6.0M (93%)
Total Expenses$5.5M (86%)
Payroll$1.2M (22%)
Overhead (non-program)-8%

Trust Score Breakdown

Program Spending Ratio

108% of expenses go to programs

40%

Revenue & Stability

$6.4M annual revenue

15%

Executive Compensation

$401K total officer comp (7.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$31.2M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.