Overview

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Est.

2020

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Southside First Economic Development Council is a nonprofit organization focused on economic development in San Antonio, Texas. Its mission is to support small businesses and entrepreneurs in achieving sustainability and growth, thereby creating a positive generational impact on the Southside community. With an operating budget of $345K and total revenue of $240.1K for the 2023 filing year, the organization does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at www.southsidefirst.org.

Mission Statement

TO HELP SMALL BUSINESSES AND ENTREPRENEURS ACHIEVE SUSTAINABILITY AND GROWTH TO CREATE POSITIVE GENERATIONAL IMPACT ON THE SOUTHSIDE OF SAN ANTONIO TEXAS
Revenues
$240.1K
Expenses
$345.7K
Net Income:
-$105.6K
Assets
$33.4K
Liabilities
$0
Net Assets:
+$33.4K
Operating Budget
$345K
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
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$266.5K
Largest grant received
$266.5K
A
Angela Loera
Board Member
J
Joe Pena
Board Member
M
Mark Vargas
Board Member

Frequently Asked Questions

What is SOUTHSIDE FIRST ECONOMIC DEVELOPMENT COUNCIL’s budget?
In 2023, SOUTHSIDE FIRST ECONOMIC DEVELOPMENT COUNCIL reported an annual operating budget of around $345 thousand. More detailed financial information is available to registered users.
What causes does SOUTHSIDE FIRST ECONOMIC DEVELOPMENT COUNCIL support?
SOUTHSIDE FIRST ECONOMIC DEVELOPMENT COUNCIL supports work in Economic development.
Where does SOUTHSIDE FIRST ECONOMIC DEVELOPMENT COUNCIL operate?
SOUTHSIDE FIRST ECONOMIC DEVELOPMENT COUNCIL is headquartered in SAN ANTONIO, TX.
Who funded SOUTHSIDE FIRST ECONOMIC DEVELOPMENT COUNCIL recently?
In 2024, SOUTHSIDE FIRST ECONOMIC DEVELOPMENT COUNCIL received grants from LOCAL INITIATIVES SUPPORT CORPORATION, LOCAL INITIATIVES SUPPORT CORPORATION, and SAN ANTONIO AREA FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant SOUTHSIDE FIRST ECONOMIC DEVELOPMENT COUNCIL received in 2024?
The largest grant to SOUTHSIDE FIRST ECONOMIC DEVELOPMENT COUNCIL in 2024 exceeds $267 thousand.
What is SOUTHSIDE FIRST ECONOMIC DEVELOPMENT COUNCIL’s reliance on government grants?
SOUTHSIDE FIRST ECONOMIC DEVELOPMENT COUNCIL relied on government grants for more than 55% of their total revenue in 2023.