Comanche Texas Economic Developement Corporation
- Assets
- $1.5m
- Revenue
- $445.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Comanche, TX
- Founding
- 09/1997
- Data as of
- 09/2022
- EIN
- 75-2664208
Organization Overview
Comanche Texas Economic Developement Corporation is located in Comanche, TX. The organization was established in 1997. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Comanche Texas Economic Developement Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2022, Comanche Texas Economic Developement Corporation generated $445.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $203.9k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Comanche Texas Economic Developement Corporation has awarded 12 individual grants totaling $604,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY INDUSTRIAL DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVERTISING IN TRADE AND REGIONAL PUBLICATIONS
PROVIDE INCENTIVES FOR CREATION AND/OR RETENION OF JOBS IN THE COMMUNITY
PROVIDE BUILDING FOR ECONOMIC DEVELOPMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacci Stewart Director | Officer | 40 | $0 |
Avis Wukasch Director | Trustee | 2 | $0 |
Jeff Stewart Treasurer | Trustee | 2 | $0 |
Carolyn Merworth Secretary | Trustee | 2 | $0 |
Robert Cobb Chairman | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $1,117 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $300 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $445,669 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $108,640 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,045 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $209 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $290 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,622 |
| Insurance | $739 |
| All other expenses | $3,987 |
| Total functional expenses | $203,883 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $594,108 |
| Savings and temporary cash investments | $367,427 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $77,603 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $354,299 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $60,627 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,454,064 |
| Accounts payable and accrued expenses | $5,485 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,485 |
| Net assets without donor restrictions | $1,448,579 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,454,064 |
Grants Awarded
Over the last fiscal year, Comanche Texas Economic Developement Corporation has awarded $97,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DOLLINS PECAN CO INC PURPOSE: REMODEL | $60,000 |
COMANCHE GAS SOLUTIONS PURPOSE: REMODEL | $37,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern States Millwright Regional Council-Ubcja Russellville, AR | $38,325,316 | $11,623,005 |
Communities In Schools Of Brazoria County Inc Alvin, TX | $741,807 | $4,918,013 |
Capacity Builders Inc Farmington, NM | $637,038 | $4,802,457 |
Gleannloch Farms Community Association Inc Houston, TX | $4,874,124 | $3,880,378 |
Rice-Land Lumber Company Houston, TX | $95,161,715 | $3,705,155 |
Wholesale Beer Distributors Of Texas Inc Austin, TX | $8,362,490 | $3,890,764 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Lubbock, TX | $3,575,076 | $4,109,109 |
Homeless Network Of Texas Austin, TX | $911,580 | $2,708,161 |
Psychotherapeutic Services Of America Dallas, TX | $64,561 | $2,258,175 |
South Central Houston Action Council Inc Houston, TX | $1,936,095 | $988,810 |
Upper Kirby District Foundation Houston, TX | $3,113,175 | $1,280,635 |
Circuit Trail Conservancy Dallas, TX | $2,652,376 | $283,546 |