COUNCIL ON REGIONAL ECONOMIC EXPANSION & EDUCATIONAL DEV FOUNDA: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
COUNCIL ON REGIONAL ECONOMIC EXPANSION & EDUCATIONAL DEV FOUNDA (EIN 81-4516730)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-11-08
IRS object ID
201833129349302403
Schema version
2017v2.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-11-08T11:34:10-07:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN261159690PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GIBSON RUDDOCK PATTERSON LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1600 SUNLAND PARK DR STE 6-300AddressLine1Txt
CityEL PASOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP799125167ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN814516730EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COUNCIL ON REGIONAL ECONOMIC EXP &BusinessNameLine1Txt
Business Name Line2EDUCATIONAL DEVELOPMENT FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCOUNBusinessNameControlTxt
Phone9153517077PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14110 RIO BRAVO STE 103AddressLine1Txt
CityEL PASOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79902ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEDUARDO A RODRIGUEZPersonNm
Person TitleSECRETARYPersonTitleTxt
Phone9153517077PhoneNum
Signature2018-11-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRENDA YEAGERPreparerPersonNm
PTINP00146357PTIN
Phone9153563700PhoneNum
Preparation2018-11-08PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address108.178.79.170IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-11-08IPDt
IP Tm12:34:10IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id357D80DB97E190679076BAFCB3BCEBACC383C285AtSubmissionCreationDeviceId
At Submission Filing Device Id357D80DB97E190679076BAFCB3BCEBACC383C285AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2018-06-14 16:35:46ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Initial ReturnYes (X)InitialReturnInd
Principal OfficerEDUARDO A RODRIGUEZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14110 RIO BRAVO SUITE 103AddressLine1Txt
CityEL PASOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79902ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,812,475GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CREEED.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2016FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionLEAD EFFORTS TO IDENTIFY AND SUPPORT INITIATIVES THAT IMPROVE COLLEGE READINESS AND ENSURE MORE STUDENTS GRADUATE WITH A COLLEGE DEGREE OR CERTIFICATION. PARTNER WITH EDUCATION LEADERS, FUNDERS, AND REGIONAL, STATE, AND NATIONAL ORGANIZATIONS TO DEVELOP THE NEXT GENERATION EDUCATIONAL SYSTEM FOR EL PASO.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers19TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$6,812,400CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$75CYOtherRevenueAmt
CY Total Revenue$6,812,475CYTotalRevenueAmt
CY Grants And Similar Paid$6,812,400CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
CY Other Expenses$456CYOtherExpensesAmt
CY Total Expenses$6,812,856CYTotalExpensesAmt
CY Revenues Less Expenses-$381CYRevenuesLessExpensesAmt
Total Assets EOY$5,812,019TotalAssetsEOYAmt
Total Liabilities EOY$5,812,400TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances EOY-$381NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionLEAD EFFORTS TO IDENTIFY AND SUPPORT INITIATIVES THAT IMPROVE COLLEGE READINESS AND ENSURE MORE STUDENTS GRADUATE WITH A COLLEGE DEGREE OR CERTIFICATION. PARTNER WITH EDUCATION LEADERS, FUNDERS, AND REGIONAL, STATE, AND NATIONAL ORGANIZATIONS TO DEVELOP THE NEXT GENERATION EDUCATIONAL SYSTEM FOR EL PASO.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$6,812,400ExpenseAmt
Grant$6,812,400GrantAmt
DescPROVIDE INITIAL STARTUP COSTS AND EXPENSES ASSOCIATED WITH THE EXPANSION OF THE IDEA PUBLIC SCHOOLS SYSTEM IN EL PASO, TX, AIDING IN FORMATION, RECRUITMENT OF TEACHERS, AND AFFILIATED ORGANIZING EXPENSES. GRANT WILL BE PAID OUT OVER SEVEN YEARS, POTENTIALLY AIDING IN OPENING 20 SCHOOLS WITH PROJECTED ENROLLMENT OF 14,000 STUDENTS BY 2023.Desc
Total Program Service Expenses$6,812,400TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ATTEL & COMPANYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9155332200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1600 SUNLAND PARK 6-300AddressLine1Txt
CityEL PASOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79912ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
AMY O'ROURKE
DIRECTOR1.0040.00Yes (X)$0$53,364$0
RICHARD CASTRO
CHAIRMAN1.0012.00Yes (X)$0$0$0Yes (X)
WOODY L HUNT
VICE CHAIR1.008.00Yes (X)$0$0$0Yes (X)
EDUARDO A RODRIGUEZ
SECRETARY2.0030.00Yes (X)$0$0$0Yes (X)
DAN OLIVAS
DIRECTOR1.0010.00Yes (X)$0$0$0
JOE CARDENAS
DIRECTOR1.008.00Yes (X)$0$0$0
ED ESCUDERO
DIRECTOR1.008.00Yes (X)$0$0$0
ENRIQUE MORENO
DIRECTOR1.002.00Yes (X)$0$0$0
GILBERT MORENO
DIRECTOR1.008.00Yes (X)$0$0$0
MARY KIPP
DIRECTOR1.008.00Yes (X)$0$0$0
CARMEN PEREZ
DIRECTOR1.008.00Yes (X)$0$0$0
ADRIAN RODRIGUEZ
DIRECTOR1.008.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Tot Reportable Comp Rltd Org$53,364TotReportableCompRltdOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$6,812,400AllOtherContributionsAmt
Total Contributions$6,812,400TotalContributionsAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER REVENUEDesc
Total Revenue Column$75TotalRevenueColumnAmt
Related Or Exempt Func Income$75RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$75OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,812,475TotalRevenueColumnAmt
Related Or Exempt Func Income$75RelatedOrExemptFuncIncomeAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$6,812,400TotalAmt
Program Services$6,812,400ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$225TotalAmt
Management And General$225ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$231TotalAmt
Management And General$231ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,812,856TotalAmt
Program Services$6,812,400ProgramServicesAmt
Management And General$456ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$204,826EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$5,607,193EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$5,812,019EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
EOY$5,812,400EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$5,812,400EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
EOY-$381EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY-$381EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$5,812,019EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$381ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year$6,812,400CurrentTaxYearAmt
Total$6,812,400TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year$6,812,400CurrentTaxYearAmt
Total$6,812,400TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$5,746,264SubstantialContributorsTotAmt
Public Support Total170$1,066,136PublicSupportTotal170Amt
Total Support$6,812,400TotalSupportAmt
Gross Receipts Rltd Activities$75GrossReceiptsRltdActivitiesAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1IDEA PUBLIC SCHOOLSBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12800 S IH 35 SUITE 265AddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78704ZIPCd
FieldValueIRS element (for citing)
Recipient EIN742948339RecipientEIN
IRC Section501C3IRCSectionDesc
Cash Grant$6,812,400CashGrantAmt
Purpose Of GrantSTART-UP COST/EXP.PurposeOfGrantTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONLEAD EFFORTS TO IDENTIFY AND SUPPORT INITIATIVES THAT IMPROVE COLLEGE READINESS AND ENSURE MORE STUDENTS GRADUATE WITH A COLLEGE DEGREE OR CERTIFICATION. PARTNER WITH EDUCATION LEADERS, FUNDERS, AND REGIONAL, STATE, AND NATIONAL ORGANIZATIONS TO DEVELOP THE NEXT GENERATION EDUCATIONAL SYSTEM FOR EL PASO.
FORM 990, PAGE 1, PART I, LINE 6BOARD MEMBERS VOLUNTEER THEIR TIME FOR BOARD ACTIVITIES.
FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED
FORM 990, PAGE 6, PART VI, LINE 19UPON REQUEST, GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1CREED INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line14110 RIO BRAVO 103AddressLine1Txt
CityEL PASOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP799021026ZIPCd
FieldValueIRS element (for citing)
EIN463444371EIN
Exempt Code Section501C6ExemptCodeSectionTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

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