TY 2017 Form 990EZ

(a) Name and title

(b) Average
hours per week
devoted to position

(c) Reportable compensation
(Forms W-2/1099-MISC) (if not paid, enter -0-)

(d) Health benefits, contributions to employee benefit plans, and
deferred compensation

(e) Estimated amount
of other compensation

GARY FICKES

Chairman

2.00

EDITH OMBERG

VICE-CHAIRMAN

2.00

TIM WELCH

Secretary

2.00

(a) Name and title of each employee

(b) Average
hours per week
devoted to position

(c) Reportable compensation
(Forms W-2/1099-MISC)

(d) Health benefits, contributions to employee benefit plans, and deferred compensation

(e) Estimated amount of other compensation

NONE

(a) Name and business address of each independent contractor

(b) Type of service

(c) Compensation

NONE

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

TEXAS HIGH SPEED RAIL & TRANSPORTATION
CORPORATION THSRTC

Employer identification number

06-1654925

Return Reference	Explanation
ORGANIZATION'S MISSION	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 FUNDING, THE STATE IS ABLE TO FUND LESS THAN 40% OF THE NEEDED TRANSPORTATION PROJECTS STATEWIDE, AND LOCAL COMMUNITIES HAVE TO SHOULDER MORE OF THE TRANSPORTATION BURDEN. THE RAPID POPULATION GROWTH OF THE 90'S, IN CONJUNCTION WITH THE INCREASED COMMERCIAL TRAFFIC FROM NAFTA, IS STRAINING THE STATEWIDE TRANSPORTATION INFRASTRUCTURE. OUR GOAL IS TO BRING TO TEXAS THE STATEWIDE SYSTEM IT NEEDS AND DESERVES THROUGH THE FOLLOWING ACTIVITIES: 1. RAISING THE TRANSPORTATION AND, RAIL AND HIGH SPEED RAIL CONCIOUSNESS ACROSS THE STATE; 2. ENCOURGING THE DEVELOPMENT AND IMPLEMENTATION OF LAWS, REGULATIONS, RULES AND POLICIES THAT BENEFIT THE ENTIRE STATE; 3. ACHIEVING THE ORGANIZATIONAL GOALS WITH REGARD TO TRANSPORTATION, ECONOMIC DEVELOPMENT AND COORDINATION OBJECTIVES; 4. ARTICULATING POSITIONS, INTERFACING WITH AND REPRESENTING THSRTC'S INTERESTS BEFORE GOVERNMENT, QUASI-GOVERNMENT AND PRIVATE ENTITIES; 5. WORKING COLLECTIVELY TO PROMOTE GOODWILL AND COLLABORATIVE RELATIONSHIPS AMOUNG THE UNITED STATES, CANADA, MEXICO AND THE VARIOUS TRADE CORRIDOR COALITIONS WITHIN THE STATE OF TEXAS; 6. FACILATING A SHARED VISION TOWARD TRANSPORTATION IMPROVEMENTS AND ECONOMIC ACTIVITY WITHIN THE STATE OF TEXAS; 7. PROMOTING SAFETY AND ENCOURAGING ECONOMIC ACTIVITY WITHIN THE STATE OF TEXAS AND; 8. ENGAGING IN ANY AND ALL OTHER ACTIVITIES WHICH THE ORGANIZATION DETERMINES WILL BE IN FURTHERANCE OF THE GOALS OF THSRTC AND WHICH IS PERMITTED BY ARTICLE 1396-3.02 OF THE TEXAS NON-PROFIT CORPORATION ACT, AS AMENDED, AND ALL FEDERAL LAWS AND REGULATIONS REGARDING AN ENTITY QUALIFYING AS A TAX EXEMPT ENTITY UNDER 501 (C) (6) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. EACH OF THESE ACTIVITIES WILL BE CONDUCTED AND COORDINATED WITH 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. IT IS NOT POSSIBLE TO ESTIMATE THE PERCENTAGE OF TIME SPENT FOR 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 THSRTC. THE ORGANIZATION'S ARTICLES OF INCORPORATION EXPRESSLY FORBID THE ORGANIZATION FROM ENGAGING, PARTICIPATING OR INTERVENING IN ANY ACTIVITY OR TRANSACTION WHICH COULD RESULT IN THE LOSS BY THE ORGANIZATION OF IT'S 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 IT'S ASSETS IN ANY SUCH ACTIVITY OR TRANSACTION IS EXPRESSLY PROHIBITED.

Return Reference

Explanation

ORGANIZATION'S MISSION

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 FUNDING, THE STATE IS ABLE TO FUND LESS THAN 40% OF THE NEEDED TRANSPORTATION PROJECTS STATEWIDE, AND LOCAL COMMUNITIES HAVE TO SHOULDER MORE OF THE TRANSPORTATION BURDEN. THE RAPID POPULATION GROWTH OF THE 90'S, IN CONJUNCTION WITH THE INCREASED COMMERCIAL TRAFFIC FROM NAFTA, IS STRAINING THE STATEWIDE TRANSPORTATION INFRASTRUCTURE. OUR GOAL IS TO BRING TO TEXAS THE STATEWIDE SYSTEM IT NEEDS AND DESERVES THROUGH THE FOLLOWING ACTIVITIES: 1. RAISING THE TRANSPORTATION AND, RAIL AND HIGH SPEED RAIL CONCIOUSNESS ACROSS THE STATE; 2. ENCOURGING THE DEVELOPMENT AND IMPLEMENTATION OF LAWS, REGULATIONS, RULES AND POLICIES THAT BENEFIT THE ENTIRE STATE; 3. ACHIEVING THE ORGANIZATIONAL GOALS WITH REGARD TO TRANSPORTATION, ECONOMIC DEVELOPMENT AND COORDINATION OBJECTIVES; 4. ARTICULATING POSITIONS, INTERFACING WITH AND REPRESENTING THSRTC'S INTERESTS BEFORE GOVERNMENT, QUASI-GOVERNMENT AND PRIVATE ENTITIES; 5. WORKING COLLECTIVELY TO PROMOTE GOODWILL AND COLLABORATIVE RELATIONSHIPS AMOUNG THE UNITED STATES, CANADA, MEXICO AND THE VARIOUS TRADE CORRIDOR COALITIONS WITHIN THE STATE OF TEXAS; 6. FACILATING A SHARED VISION TOWARD TRANSPORTATION IMPROVEMENTS AND ECONOMIC ACTIVITY WITHIN THE STATE OF TEXAS; 7. PROMOTING SAFETY AND ENCOURAGING ECONOMIC ACTIVITY WITHIN THE STATE OF TEXAS AND; 8. ENGAGING IN ANY AND ALL OTHER ACTIVITIES WHICH THE ORGANIZATION DETERMINES WILL BE IN FURTHERANCE OF THE GOALS OF THSRTC AND WHICH IS PERMITTED BY ARTICLE 1396-3.02 OF THE TEXAS NON-PROFIT CORPORATION ACT, AS AMENDED, AND ALL FEDERAL LAWS AND REGULATIONS REGARDING AN ENTITY QUALIFYING AS A TAX EXEMPT ENTITY UNDER 501 (C) (6) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. EACH OF THESE ACTIVITIES WILL BE CONDUCTED AND COORDINATED WITH 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. IT IS NOT POSSIBLE TO ESTIMATE THE PERCENTAGE OF TIME SPENT FOR 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 THSRTC. THE ORGANIZATION'S ARTICLES OF INCORPORATION EXPRESSLY FORBID THE ORGANIZATION FROM ENGAGING, PARTICIPATING OR INTERVENING IN ANY ACTIVITY OR TRANSACTION WHICH COULD RESULT IN THE LOSS BY THE ORGANIZATION OF IT'S 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 IT'S ASSETS IN ANY SUCH ACTIVITY OR TRANSACTION IS EXPRESSLY PROHIBITED.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2019

Additional Data

Software ID:	17005038
Software Version:	2017v2.2

1	Contributions, gifts, grants, and similar amounts received ....................	1	145,000
2	Program service revenue including government fees and contracts ................	2
3	Membership dues and assessments .............................	3
4	Investment income ....................................	4
5a	Gross amount from sale of assets other than inventory .......	5a
b	Less: cost or other basis and sales expenses ............	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) ..	6b	0
c	Less: direct expenses from gaming and fundraising events ...	6c	0
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d
7a	Gross sales of inventory, less returns and allowances ......	7a
b	Less: cost of goods sold .............	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) ....................	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	145,000

10	Grants and similar amounts paid (list in Schedule O) ................	10
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12
13	Professional fees and other payments to independent contractors ............	13	144,494
14	Occupancy, rent, utilities, and maintenance ...................	14
15	Printing, publications, postage, and shipping ...................	15
16	Other expenses (describe in Schedule O) ...................	16
17	Total expenses. Add lines 10 through 16 .................	17	144,494

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	506
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	506

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? TO GARNER SUPPORT FOR HIGH SPEED RAIL IN TEXAS.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 INCREASED SUPPORT FOR HIGH SPEED RAIL IN TEXAS. (Grants $ ) If this amount includes foreign grants, check here ...		28a
29 (Grants $ ) If this amount includes foreign grants, check here ...		29a
30 (Grants $ ) If this amount includes foreign grants, check here ...		30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32

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