Texas City Foreign Trade Zone Corporation is located in Texas City, TX. The organization was established in 1994. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas City Foreign Trade Zone Corporation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2023, Texas City Foreign Trade Zone Corporation generated $104.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $66.1k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
CONDUCTING CONCEPTUAL DEVELOPMENT STUDY OF SHOAL POINT AND SURROUNDING AREAS OF INTEREST, AND OPERATION OF THE FOREIGN TRADE ZONE AS DESCRIBED.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Judith Silva Director | 1 | $0 | |
| Randy Dietel Vice Chairpe | 1 | $0 | |
| William Etheredge Director | 1 | $0 | |
| John Hackbarth Chairperson | 1 | $0 | |
| Reverend Jerry B Lee Director | 1 | $0 | |
| Cynthia Rushing City Dir Of | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $103,540 | 
| Membership dues | $0 | 
| Investment income | $1,066 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $104,606 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $65,307 | 
| Professional fees and other payments to independent contractors | $700 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $81 | 
| Total expenses | $66,088 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,735 | 
| Other assets | $0 | 
| Total assets | $236,485 | 
| Total liabilities | $2,332 | 
| Net assets or fund balances | $234,153 |