Liabilities / Assets
36th percentile
Higher debt load relative to assets than 36% of similar nonprofits.
Weslaco Chamber of Commerce
EIN 74-1046125 • 501(c)6 • Weslaco, TX
Profile
The weslaco area chamber of commerce is dedicated to promoting, supporting and advocating for its members.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.01x
Liabilities / Revenue
38th percentile
Higher debt load relative to revenue than 38% of similar nonprofits.
Net Margin
66th percentile
Higher net margin than 66% of similar nonprofits.
Top Officer Pay
68th percentile
Higher top officer pay than 68% of similar nonprofits.
Top officer pay equals 18.3% of source-year revenue.
Asset Growth
33rd percentile
Faster asset growth than 33% of similar nonprofits.
Revenue Growth
47th percentile
Faster revenue growth than 47% of similar nonprofits.
Balance Sheet
Assets
Down$623,101
Down $14,320 (-2.2%) from 2023
Liabilities
Down$5,341
Down $65,599 (-92%) from 2023
Net Assets
Up$617,760
Up $51,279 (+9.1%) from 2023
Revenue
Up$516,392
Up $18,873 (+3.8%) from 2023
Expenses
Up$465,113
Up $54,530 (+13%) from 2023
Net Income
Down$51,279
Down $35,657 (-41%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $623,101
- Liabilities
- $5,341
- Net assets
- $617,760
- Revenue
- $516,392
- Expenses
- $465,113
- Net income
- $51,279
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2023 to Sep 30, 2024
- Signed
- Aug 15, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $711,515
Mission and Program Overview
Mission
The weslaco area chamber of commerce is dedicated to promoting, supporting and advocating for its members.
We provide leadership to advance a prosperous economy that enhances the quality of life in our community.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $406,743 | $421,511 | ▲ $14,768 |
| Savings and Temporary Cash Investments | $230,391 | $199,709 | ▼ $30,682 |
| Land, Buildings, and Equipment, Net | $287 | $1,881 | ▲ $1,594 |
| Total Assets | $637,421 | $623,101 | ▼ $14,320 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $67,602 | - | - |
| Other Liabilities | $3,338 | $5,341 | ▲ $2,003 |
| Total Liabilities | $70,940 | $5,341 | ▼ $65,599 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $566,481 | $617,760 | ▲ $51,279 |
| Total Net Assets Fund Balance | $566,481 | $617,760 | ▲ $51,279 |
| Total Liabilities and Net Assets / Fund Balance | $637,421 | $623,101 | ▼ $14,320 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $17 | $29,130 | $29,147 |
| Equipment | $1,864 | $14,346 | $16,210 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Barbara J Garza | President CEO | FT | $81,757 | $12,494 | $94,251 |
Board Members and Trustees
| Name | Title |
|---|---|
| Omar Rodriguez | Chairman |
| Alejandra Montenegro | Immediate Past Chair |
| Robert Donalson | Vice Chairman |
| Amado Sanchez | Director |
| Marty Masso | Director |
| Rosemarie Crimbring | Director |
| Roxanna Trevinio | Director |
| Sandy O Pena | Director |
| Laura Rangel | Director at Large |
| Ronda Lewis | Secretary |
| Jose L Garcia | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $306,723
- Program Service Revenue
- $276,510
- Investment Income
- $222
- Other Revenue
- $-67,063
- Change in Net Assets
- $51,279
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $242,370 |
| Salaries, Compensation, and Employee Benefits | $222,743 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Advertising | - | - | - | $143,944 |
| Other Salaries and Wages | - | - | - | $99,948 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $88,757 |
| Occupancy | - | - | - | $16,872 |
| Other Employee Benefits | - | - | - | $15,205 |
| Office Expenses | - | - | - | $14,816 |
| Payroll Taxes | - | - | - | $13,759 |
| Insurance | - | - | - | $8,985 |
| Pension Plan Contributions | - | - | - | $5,074 |
| Information Technology | - | - | - | $5,056 |
| Fees for Services Accounting | - | - | - | $4,018 |
| Conferences and Meetings | - | - | - | $3,515 |
| Travel | - | - | - | $2,863 |
| Other Expenses | $1,231 | - | - | $1,231 |
| Depreciation Depletion | - | - | - | $326 |
| Total Functional Expenses | $0 | $0 | $0 | $465,113 |
Fundraising, Events, and Gaming
- Fundraising activities
- Yes
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $195,123 |
| Fundraising Gross Income | $128,060 |
| Professional Fundraising Fees | $0 |
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Onion Fest | $149,964 | $68,194 | $49,382 | $18,812 |
| Leadership | $38,409 | $13,090 | $11,690 | $1,400 |
| Total Events | $280,211 | $127,192 | $195,123 | $-67,931 |
Political and Lobbying Activity
- Political campaign activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Payroll Taxes Withheld & Due | $2,499 |
| Board Room Rentals Due | $2,283 |
| 401k Payable | $558 |
| Credit Card Payable | $1 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Organizational document changes Part VI line 4
“The wacoc made the following changes to the bylaws:the composition of the board was changed. It went from 15 board members required to now allowing a minimum of 11 board members and a maximum of 15 board members.board meetings were changed from the entire board meeting every month to the executive board meets monthly and the entire board meets every other month.the bylaws now allow the exectutive committee to act for and on behalf of the entire board but shall be accountable to report their actions to the entire board of directors.”
Members or stockholder classes and rights Part VI line 6
“Membership in the weslaco area chamber of commerce is based on the level of participation. All members receive a free listing on the chambers web page, opportunities to participate in seminars and workshops, networking opportunities through mixers and meetings, referrals from the chamber to members, an area to display their promotional materials, options to participate in advertising in various publications put out by the chamber, and opportunities to announce special events through the monthly chamber page.”
Member election for additional members Part VI line 7A
“The board approves the slate of new members for the board. The general membership has the right to nominate additional members for the board by getting ten (10) general members to sign a nomination for that member. If no additional board members are nominated then the slate is automatically elected. If there are additional nominations then the general membership votes on the slate of directors.”
Governing body decisions Part VI line 7B
“The board is comprised of between eleven and fifteen board members. A nominating committee made up of current board members reccomends to the board enough members to fill any vacancies. The general membership then has the opportunity to add any additional names to that slate. Then the general membership votes on the slate of members they want added to the board of directors.”
Form 990 governing body review Part VI line 11
“The 990 is reviewed by the chief executive officer. After that review the 990 is sent to the board members for review. All comments from ceo or board members are checked for accuracy and when everybody agrees to the accuracy of the return, then the return is filed.”
Conflict of interest policy compliance Part VI line 12C
“The chamber board of directors has a conflict of interest policy that is reviewed by the president/ceo. The agreement states that disciplinary action for violating the conflict of interest policy may include removal from the board.”
CEO executive director top management comp Part VI line 15A
“The board appoints a committee to hire the executive officer and review the compensation for the executive officer. The committee reports back to the board and the board votes on hiring and paying the executive officer. The compensation of all other employees are set by the executive officer with approval of budget by the board.”
Governing documents etc available to public Part VI line 19
“All governing documents and form 990s are available at the chamber office by request of the public.”
Filing and Contact Details
Filer
- Filer Name
- Weslaco Chamber of Commerce
- EIN
- 74-1046125
- Address
- PO BOX 8398, WESLACO, TX 78599
Signing Officer
- Name
- Robert Donalson
- Title
- Chairman
- Phone
- 9569682012
- Signed
- 2025-08-15
- Discuss with paid preparer
- No
Organization Details
- Principal Officer
- Barbara J Garza
- Formed
- 1935
- Legal Domicile
- TX
- Voting Board Members
- 11
- Independent Board Members
- 11
- Employees
- 7
- Volunteers
- 300
Preparer
- Firm
- Rhonda L Williamson CPA
- Address
- 923 10th Street Ste 101 PMB 167, Floresville, TX 78114
- Preparer
- Rhonda Williamson
- Phone
- 9564636701
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| IRS990/Desc | 0 | THE WACC PROVIDES VARIOUS PROGRAMS AND INITIATIVES TO PREPARE FUTURE LEADERS OF OUR COMMUNITY THROUGH VARIOUS EDUCATIONAL PROGRAMS. THESE PROGRAMS SUPPORT OUR BUSINESS ALLIANCES IN THE DEVELOPMENT OF SKILLS NECESSARY TO RUN A SUCCESSFUL BUSINESS. WE HOST AN ANNUAL LEADERSHIP MID VALLEY INITIATIVE WHICH CONSISTS OF 8 MONTHS OF CONTINUING EDUCATION IN VARIOUS TOPICS. TO DATE THE LEADERSHIP PROGRAM HAS HELD 18 YEARS OF COHORTS, WITH OVER 190 ALUMNI OF LEADERS SERVING THE COMMUNITY AT LARGE. WE OFFER VARIOUS OPPORTUNITIES FOR THE COMMUNITYS YOUTH TO PREPARE FOR THE FUTURE INCLUDING THE WESLACO ROYAL PAGEANT THAT HAS A 68 YEAR HISTORY IN THE COMMUNITY. THE PAGEANT SUPPORTS PERSONAL GROWTH AND LEADERSHIP DEVELOPMENT OF OUR YOUTH. WE HOST A BACK TO SCHOOL EVENT THAT SERVES OVER 300 MID VALLEY EDUCATORS AND LEMONADE DAY, A NATIONAL PROGRAM FOR YOUNG BUSINESS ENTREPRENEURS. |
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| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | WE PROVIDE LEADERSHIP TO ADVANCE A PROSPEROUS ECONOMY THAT ENHANCES THE QUALITY OF LIFE IN OUR COMMUNITY. |
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| IRS990/MoreThan5000KToOrgInd | 0 | false |
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| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 15205 |
| IRS990/OtherExpensesGrp/Desc | 0 | BANK AND CREDIT CARD CHARGES |
| IRS990/OtherExpensesGrp/Desc | 1 | CONTINUING EDUCATION |
| IRS990/OtherExpensesGrp/Desc | 2 | MEMBERSHIP AND DUES |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS EXPENSES |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 20943 |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 1231 |
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| IRS990/OtherExpensesGrp/TotalAmt | 1 | 20943 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 7920 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1231 |
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| IRS990/PrincipalOfficerNm | 0 | BARBARA J GARZA |
| IRS990/ProfessionalFundraisingInd | 0 | false |
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| IRS990/ProgramServiceRevenueGrp/Desc | 0 | DESTINATION MARKETING |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE WACC HAS NUMEROUS MEMBERSHIP SERVICES FOR BUSINESSES THROUGH A VARIETY OF PROGRAMS AND OPPORTUNITIES. IN 2023-24, WE HELD 47 RIBBON CUTTINGS TO CELEBRATE MEMBERS ACHIEVEMENTS AND ACCOMPLISHMENTS. WE HELD 25 NETWORKING EVENTS, INCLUDING JOB FAIRS AND COMMUNITY EVENTS. WE OFFERED ADVANCE SEO ON OUR WEBSITE AND HAD OVER 470,000 VIEWS. WE HAVE INITIATED STRONGER SUPPORT LOCAL INITIATIVES THROUGH OUR CASH MOBS THAT SUPPORT RETAILERS AND LUNCH MOBS THAT SUPPORT LOCAL RESTAURANTS, ALL WHILE ENHANCING OUR CONNECTIONS WITH PEERS. WEVE HELD WORKSHOPS IN LEADERSHIP, CUSTOMER SERVICE, SBA COLLABORATIVE PROGRAMS,SMALL BUSINESS OPERATIONS AND STRATEGIES, AS WELL AS SEMINARS ON HOTEL TAX LAW. WE ADDED 64 MEW MEMBERS WHILE HAVING AN 94% RETENTION RATE OVERALL. AT THE END OF THE YEAR, WE HAD 373 MEMBERS. |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | THE WACC FOCUSES ON ADVERTISING OUTSIDE OF WESLACO TO PROMOTE WESLACO AS A VISITORS DESTINATION. MARKETING IS DONE IN A VARIETY OF WAYS, INCLUDING ADVERTISING, BILLBOARDS, CITY PROMOTIONS, AND TRADE SHOWS. THIS YEAR, THE WESLACO VISITORS CENTER HAD 13,000 VISITORS COME IN FOR INFORMATION , EVENTS, OR SPECIAL PRESENTATIONS. IN THIS FISCAL YEAR, WE HAD OVER 50,000 PARTICIPANTS IN OUR COMMUNITY EVENTS SUCH AS THE ANNUAL CHRISTMAS PARADE, THE TEXAS ONION FESTIVAL, SABOR WESLACO AND A MONTE CARLO LEADERSHIP FUNDRAISER.WE REACH OVER 2,180 OUT OF STATEW VISITORS IN ORDER TO HELP THEM RELOCATE TO WESLACO DURING THE WINTER TEXAS SEASON. WE MARKET TO THE BIRDING COMMUNITY TO ENCOURGAGE THEM TO VISIT AND STAY IN WESLACO AND VISIT OUR 3 NATURE PARKS. OUR BORDER COMMUNITY MARKETING EFFORTS TO PROMOTE WESLACO IN MEXICO REACHES OVER 300,000 IN BROADCAST MEDIA AND DIGITAL MEDIA, AND 500,000 IN PUBLICATIONS. WE HAVE 2 BILLBOARDS THAT APPROXIMATELY 2,000,000 PEOPLE VIEW. |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | PAYROLL TAXES WITHHELD & DUE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | BOARD ROOM RENTALS DUE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | 401K PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | CREDIT CARD PAYABLE |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE WACOC MADE THE FOLLOWING CHANGES TO THE BYLAWS:THE COMPOSITION OF THE BOARD WAS CHANGED. IT WENT FROM 15 BOARD MEMBERS REQUIRED TO NOW ALLOWING A MINIMUM OF 11 BOARD MEMBERS AND A MAXIMUM OF 15 BOARD MEMBERS.BOARD MEETINGS WERE CHANGED FROM THE ENTIRE BOARD MEETING EVERY MONTH TO THE EXECUTIVE BOARD MEETS MONTHLY AND THE ENTIRE BOARD MEETS EVERY OTHER MONTH.THE BYLAWS NOW ALLOW THE EXECTUTIVE COMMITTEE TO ACT FOR AND ON BEHALF OF THE ENTIRE BOARD BUT SHALL BE ACCOUNTABLE TO REPORT THEIR ACTIONS TO THE ENTIRE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | MEMBERSHIP IN THE WESLACO AREA CHAMBER OF COMMERCE IS BASED ON THE LEVEL OF PARTICIPATION. ALL MEMBERS RECEIVE A FREE LISTING ON THE CHAMBERS WEB PAGE, OPPORTUNITIES TO PARTICIPATE IN SEMINARS AND WORKSHOPS, NETWORKING OPPORTUNITIES THROUGH MIXERS AND MEETINGS, REFERRALS FROM THE CHAMBER TO MEMBERS, AN AREA TO DISPLAY THEIR PROMOTIONAL MATERIALS, OPTIONS TO PARTICIPATE IN ADVERTISING IN VARIOUS PUBLICATIONS PUT OUT BY THE CHAMBER, AND OPPORTUNITIES TO ANNOUNCE SPECIAL EVENTS THROUGH THE MONTHLY CHAMBER PAGE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE BOARD APPROVES THE SLATE OF NEW MEMBERS FOR THE BOARD. THE GENERAL MEMBERSHIP HAS THE RIGHT TO NOMINATE ADDITIONAL MEMBERS FOR THE BOARD BY GETTING TEN (10) GENERAL MEMBERS TO SIGN A NOMINATION FOR THAT MEMBER. IF NO ADDITIONAL BOARD MEMBERS ARE NOMINATED THEN THE SLATE IS AUTOMATICALLY ELECTED. IF THERE ARE ADDITIONAL NOMINATIONS THEN THE GENERAL MEMBERSHIP VOTES ON THE SLATE OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE BOARD IS COMPRISED OF BETWEEN ELEVEN AND FIFTEEN BOARD MEMBERS. A NOMINATING COMMITTEE MADE UP OF CURRENT BOARD MEMBERS RECCOMENDS TO THE BOARD ENOUGH MEMBERS TO FILL ANY VACANCIES. THE GENERAL MEMBERSHIP THEN HAS THE OPPORTUNITY TO ADD ANY ADDITIONAL NAMES TO THAT SLATE. THEN THE GENERAL MEMBERSHIP VOTES ON THE SLATE OF MEMBERS THEY WANT ADDED TO THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE 990 IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER. AFTER THAT REVIEW THE 990 IS SENT TO THE BOARD MEMBERS FOR REVIEW. ALL COMMENTS FROM CEO OR BOARD MEMBERS ARE CHECKED FOR ACCURACY AND WHEN EVERYBODY AGREES TO THE ACCURACY OF THE RETURN, THEN THE RETURN IS FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE CHAMBER BOARD OF DIRECTORS HAS A CONFLICT OF INTEREST POLICY THAT IS REVIEWED BY THE PRESIDENT/CEO. THE AGREEMENT STATES THAT DISCIPLINARY ACTION FOR VIOLATING THE CONFLICT OF INTEREST POLICY MAY INCLUDE REMOVAL FROM THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE BOARD APPOINTS A COMMITTEE TO HIRE THE EXECUTIVE OFFICER AND REVIEW THE COMPENSATION FOR THE EXECUTIVE OFFICER. THE COMMITTEE REPORTS BACK TO THE BOARD AND THE BOARD VOTES ON HIRING AND PAYING THE EXECUTIVE OFFICER. THE COMPENSATION OF ALL OTHER EMPLOYEES ARE SET BY THE EXECUTIVE OFFICER WITH APPROVAL OF BUDGET BY THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | ALL GOVERNING DOCUMENTS AND FORM 990S ARE AVAILABLE AT THE CHAMBER OFFICE BY REQUEST OF THE PUBLIC. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Organizational document changes Part VI line 4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Members or stockholder classes and rights Part VI line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Member election for additional members Part VI line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Governing body decisions Part VI line 7b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Conflict of interest policy compliance Part VI line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | CEO executive director top management comp Part VI line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Governing documents etc available to public Part VI line 19 |
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| IRS990/UponRequestInd | 0 | X |
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| IRS990/WebsiteAddressTxt | 0 | WWW.WESLACO.COM |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBERT DONALSON |
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