Overview

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Est.

1961

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Texas Economic Development Council Inc, with EIN 74-2053921, is dedicated to promoting business commerce, job growth, and economic development in Texas. Operating with a budget of $2.6 million and reporting total revenue of $2.8 million for the 2024 filing year, the organization plays a vital role in enhancing the state's economic landscape. More information about their initiatives can be found on their website, www.texasedc.org.

Mission Statement

TO PROMOTE BUSINESS COMMERCE, JOB GROWTH AND ECONOMIC DEVELOPMENT IN TEXAS
Revenues
$2.8M
Expenses
$2.6M
Net Income:
+$136.5K
Assets
$2.1M
Liabilities
$1.2K
Net Assets:
+$2.1M
Operating Budget
$2.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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C
Carlton Schwab
Board Member
A
Adrian Cannady
Board Member
R
Ray Dunlap
Board Member

Frequently Asked Questions

What is TEXAS ECONOMIC DEVELOPMENT COUNCIL INC’s budget?
In 2024, TEXAS ECONOMIC DEVELOPMENT COUNCIL INC reported an annual operating budget of around $2.6 million. More detailed financial information is available to registered users.
What causes does TEXAS ECONOMIC DEVELOPMENT COUNCIL INC support?
TEXAS ECONOMIC DEVELOPMENT COUNCIL INC supports work in Economic development.
Where does TEXAS ECONOMIC DEVELOPMENT COUNCIL INC operate?
TEXAS ECONOMIC DEVELOPMENT COUNCIL INC is headquartered in Austin, TX.
What is TEXAS ECONOMIC DEVELOPMENT COUNCIL INC’s reliance on government grants?
TEXAS ECONOMIC DEVELOPMENT COUNCIL INC relied on government grants for less than 5% of their total revenue in 2024.