2012-10-08T10:33:53-05:00 2011-11-30 PMB HELIN DONOVAN LLP 5918 W COURTYARD DR SUITE 500 AUSTIN TX 78730 990 2010-12-01 741699107 COUNCIL FOR SOUTH TEXAS ECONOMIC PROGRESS COUN 9566826371 2540 W TRENTON RD EDINBURG TX 78539 PATRICIA BEARD 9566826371 2012-10-08 1 NORMAN TRUBEE 5122589670 2010 2016-02-24 21:20:13Z PATRICIA BEARD 2540 W TRENTON RD EDINBURG TX 78539 3954033 0 X WWW.COSTEP.ORG X 1972 TX TO PROVIDE BEDROCK OF ECONOMIC OPPORTUNITY FOR SOUTH TEXANS THROUGH THE CREATION OF NEW JOBS AND THE IMPROVEMENT OF EXISTING JOBS. 6 0 23 0 0 0 47978 243653 4402668 3877844 164969 153017 462214 -320481 5077829 3954033 0 0 0 0 1610137 1521649 0 0 0 3298729 2865167 4908866 4386816 168963 -432783 16307361 14471550 3285830 1882802 13021531 12588748 X TO DEVELOP, COORDINATE, AND SPONSOR A BROAD AND MANY-FACETED PROGRAM TO FOSTER ECONOMIC PROGRESS IN SOUTH TEXAS. 0 0 1344505 124555 1524417 COSTEP LEADS THE WAY BY HELPING OUR SCHOOLS AND LENDING PARTNERS KEEP AN INCREDIBLY LOW DEFAULT RATE. ALTHOUGH SOUTH TEXAS LEADS THE STATE IN BOTH UNEMPLOYMENT AND IN DEFAULTS, OUR EFFORTS AND SINCERE COMMITMENT TO OUR CUSTOMERS HAS ALLOWED US TO MAINTAIN LOW DEFAULT RATES. OUR LONG-TERM KNOWLEDGE AND EXPERIENCE HAS ALLOWED US TO IMPLEMENT PROCESSES AND PROCEDURES SPECIFIC TO EACH REGION THAT IS CULTURALLY SENSITIVE TO OUR CLIENTS, THUS GIVING COSTEP THE EDGE IN DEFAULT MANAGEMENT. COSTEP IS EXTREMELY PROUD OF ITS COMPANY WIDE EFFORT RESULTING IN LOW DEFAULT RATES. COSTEP OFFERS OUR CUSTOMERS THE FOLLOWING UNIQUE PRODUCTS AND SERVICES: COSTEP'S WEBSITE AT WWW.COSTEP.ORG PROVIDES STUDENTS WITH VALUABLE STUDENT LOAN INFORMATION, ACCESS TO FREE SCHOLARSHIP SEARCHES, VARIOUS DOWNLOADABLE FORMS, AND OTHER INNOVATIVE SERVICES, TOLL FREE TELEPHONE ACCESS WITH PERSONALIZED BILINGUAL CUSTOMER ASSISTANCE FEATURING EXTENDED SERVICE HOURS AND 24/7 AUTOMATED ACCOUNT INFORMATION. 24/7 WEB-BASED SERVICES AND PRODUCTS INCLUDE: VARIOUS REPAYMENT OPTIONS INCLUDE: STANDARD, GRADUATED, INCOME SENSITIVE, AND EXTENDED REPAYMENT SCHEDULES, CHOICE OF PAYMENT FEATURES INCLUDE: AUTOMATIC ACCOUNT DEBIT, PHONE PAY, AND ON-LINE PAYMENT, TEXAS BASED SERVICER WITH LIFE OF LOAN SERVICING. 562383 34380 465692 COSTEP IS COMMITTED TO PROVIDING UNIQUE AND EFFECTIVE COLLEGE READINESS PRODUCTS AND SERVICES TO STUDENTS AND PARENTS. OUR PRODUCTS AND SERVICES PROVIDE EARLY AWARENESS, CAREER PLANNING AND ASSIST IN EDUCATING STUDENTS AND PARENTS ABOUT FINANCIAL AID. STUDENTS AT MIDDLE SCHOOLS ARE PROVIDED A COLLEGE READINESS PRESENTATION AND AT THE HIGH SCHOOL LEVEL, FINANCIAL AID 101, SCHOLARSHIP AWARENESS AND HANDS ON PIN, FAFSA PREPARATION AND TRANSMITTAL WORKSHOPS. PARENT NIGHT FAFSA PRESENTATION TO SENIORS AND THEIR PARENTS IS CONDUCTED AT AN EVENING EVENT. COSTEP'S UNIQUE MOBILE EDUCATION RESOURCE VEHICLE (MERV) IS A COLLEGE OUTREACH RESOURCE CENTER ON WHEELS. MERV IS UTILIZED TO EDUCATE AND ASSIST STUDENTS, PARENT AND THE COMMUNITY IN EXPEDITING THE FINANCIAL AID PROCESS. WE CONTINUE TO ENGAGE IN STRATEGIC PLANNING TO ADDRESS THE CURRENT AND FUTURE CHALLENGES, IN ORDER TO MEET THE NEEDS OF PARENTS AND STUDENTS THROUGHOUT TEXAS. 2479928 84718 1567254 2479928 84718 1567254 4386816 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 10 24 1 23 1 0 0 0 0 0 0 0 0 X 6 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 1 1 1 X MARI MANN-SILVA 9566826371 200 SOUTH 10TH STREET SUITE 502 MCALLEN TX 78501 JESSE TREVINO 0.00 X 0 0 0 GLEN RONEY 0.00 X 0 0 0 KEITH PATRIDGE 0.00 X 0 0 0 ARTURO FLORES 0.00 X 0 0 0 JUDGE ERNEST ALISEDA 0.00 X 0 0 0 DR BLANDINA CARDENAS 0.00 X 0 0 0 PATRICIA BEARD 40.00 X 200887 0 12900 ADAM GONZALEZ 40.00 X 130311 0 8100 MARI MANN-SILVA 40.00 X 121049 0 2100 MARY HERNANDEZ 40.00 X 90785 0 1500 543032 0 24600 3 0 1 0 PANHANDLE PLAINS STUDENT LOAN SERVICING PO BOX 839 CANYON TX 79015 SERVICING 2096561 CAMPUS PARTNERS 9841 WASHINGTONIAN BLVD SUITE 400A GAITHERSBURG MD 20878 DEVELOPMENT 260000 ASIAN VALLEY VENTURES LLC PO BOX 720396 MCALLEN TX 78504 RENT 127188 AMERICAN EXPRESS PO BOX 650448 DALLAS TX 75265 TRAVEL 121545 PMB HELIN DONOVAN 5918 W COURTYARD DR STE 500 AUSTIN TX 78730 AUDIT SERVICES 109074 5 243653 243653 LOAN SERVICING & MGMT 900000 3877844 3877844 3877844 22486 22486 130531 130531 130531 130531 PROVISION FOR UNCOLLEC 900099 3252 3252 OTHER INCOME 900099 867 867 LOSS FROM INVESTMENT I 900099 -324600 -324600 -320481 3954033 3557363 0 153017 587305 587305 830852 830852 103492 103492 6017 6017 88920 88920 21866 21866 28445 28445 60831 60831 2055685 2055685 165596 165596 98125 98125 134620 134620 TELEPHONE 110369 110369 INSURANCE 47238 47238 DUES AND SUBSCRIPTIONS 13306 13306 CONSUMABLE SUPPLIES 13137 13137 CONTRIBUTIONS 10305 10305 10707 10707 4386816 4386816 0 0 662312 460793 2320068 2965026 2415696 2301406 70310 73118 1560486 1382029 278908 178457 1438226 613847 9121841 7878903 16307361 14471550 3213895 1809019 71935 73783 3285830 1882802 X 13021531 12588748 13021531 12588748 16307361 14471550 -432783 0 X 0 1 0 X 0 25925 18729 7196 1208618 1070798 137820 325943 292502 33441 178457 STUDENT LOANS, LESS CURRENT PORTION, NET 7877916 STUDENT LOANS, CURRENT PORTION, NET 987 7878903 DEFERRED COMPENSATION 73783 73783 3954033 4386816 -432783 0 -432783 4294285 340252 340252 3954033 0 3954033 4763133 376317 376317 4386816 0 4386816 PART XII, LINE 2D - OTHER ADJUSTMENTS: DILIGEN TECHNOLOGIES ELIMINATING ENTRY 15,652. EQUITY ADJUSTMENT 324,600. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DILIGEN TECHNOLOGIES ELIMINATING ENTRY 376,317. X X 0 0 0 0 0 0 0 0 0 PATRICIA BEARD 197887 0 3000 0 0 0 4137 0 4126 0 209150 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION CONTEMPORANEOUSLY DOCUMENTS THE MEETINGS HELD OR WRITTEN ACTIONS UNDERTAKEN DURING FOR THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 WILL NOT BE PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE FILING. IT WILL BE PRESENTED AFTER THE FILING FOR ACKNOWLEDGMENT AND MOTION OF APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS MONITORED BY LEGAL COUNSEL (PRESENT) AT EVERY BOARD MEETING FOR COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 COSTEP PERFORMS A FORMAL REVIEW OF ITS EXECUTIVE COMPENSATION AND BENEFITS PACKAGES FOR ITS PRESIDENT, VICE-PRESIDENTS AND KEY EMPLOYEES ON A BIANNUAL BASIS. COSTEP ENGAGES AN OUTSIDE CONSULTANT(S) TO PROVIDE THE BOARD OF DIRECTORS AN INDEPENDENT REVIEW AND COMPARABLE DATA RELATED TO INDUSTRY RELATED EXECUTIVE COMPENSATION AND BENEFIT PACKAGES. IN ADDITION, EXECUTIVE COMPENSATION AND BENEFITS SURVEY RESULTS CONDUCTED AND PROVIDED BY INDEPENDENT INDUSTRY ASSOCIATIONS IS ALSO PROVIDED TO THE BOARD AS ADDITIONAL COMPARATIVE DATA. THE BOARD OF DIRECTORS, INDEPENDENT OF STAFF, HOLDS A FORMAL BOARD MEETING TO DELIBERATE, DISCUSS ALL ISSUES THAT WOULD PROVIDE THE BOARD A REBUTTAL PRESUMPTION POSITION FOR EACH PAID OFFICER AND KEY EMPLOYEE AS IT RELATES TO THEIR EXECUTIVE COMPENSATION AND BENEFITS. FORM 990, PART VI, SECTION C, LINE 19 DISCLOSURE AVAILABLE UPON REQUEST ONLY. DILIGEN TECHNOLOGIES GROUP INC 200 SOUTH 10TH STREET SUITE 500 MCALLEN TX 78501 273430075 TECHNOLOGY CONSULTING TX COUNCIL FOR SOUTH TEXAS ECONOMIC PROGRESS C -324600 194045 0.90000 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 DILIGEN TECHNOLOGIES GROUP INC B 587314 COST DILIGEN TECHNOLOGIES GROUP INC N 191224 COST