THE ECONOMIC DEVELOPMENT CORPORATION'S PRIMARY PURPOSE IS TO ENHANCE ECONOMIC AND INDUSTRIAL ACTIVITIES FOR THE CITY OF WESLACO. ITS MAIN FOCUS IS IN RETAINING AND EXPANDING EXISTING BUSINESS, AND ATTRACTING NEW BUSINESS AND ENHANCING COMMUNITY ASSETS; WHICH INFUSES NEW DOLLARS INTO THE LOCAL ECONOMY.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2022
| Position | Total |
|---|---|
Unclassified | $97k $110k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 7 unpaid individuals.
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Top pay as a share of expenses
In 2022, the highest total compensation at ECONOMIC DEVELOPMENT CORPORATION OF WESLACO equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about ECONOMIC DEVELOPMENT CORPORATION OF WESLACO
What are ECONOMIC DEVELOPMENT CORPORATION OF WESLACO's revenue and expenses?
In 2022, ECONOMIC DEVELOPMENT CORPORATION OF WESLACO reported $8.6M in total revenue and $4.5M in total expenses on its IRS Form 990.
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