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Filing year 2023

GAINESVILLE ECONOMIC DEVELOPMENT CORP

Gainesville, Texas·EIN 75-2706606·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1.9M
Total assets
$10.5M
Total expenses
$1.1M
Reported officers
8
Mission

TO PROVIDE ECONOMIC DEVELOPMENT INCENTIVES AND ASSISTANCE TO BUSINESSES AND INDUSTRIES WITHIN THE CITY OF GAINESVILLE.

Reported officers (all unpaid)

No paid executives reported in 2023. GAINESVILLE ECONOMIC DEVELOPMENT CORP reported 8 unpaid officers and board members on its 990.

Executive Dir.
President
Director
Director
Secretary
Director
Vice President
Director
Pay in context

Top pay as a share of expenses

In 2022, the highest total compensation at GAINESVILLE ECONOMIC DEVELOPMENT CORP equaled 16% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2022)
16%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Financial trend

Revenue and expenses over time

GAINESVILLE ECONOMIC DEVELOPMENT CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.7M
$1M
2022
$1.9M
$1.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Texas

GAINESVILLE ECONOMIC DEVELOPMENT CORP reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in Texas earns a median of $83,186.

25th percentile
$39k
Median
$83,186
75th percentile
$160k
90th percentile
$292k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 521 organizations across 521 filings (2022 – 2024).

See full Community Improvement & Capacity Building pay data for Texas

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FAQ

Common questions about GAINESVILLE ECONOMIC DEVELOPMENT CORP

What are GAINESVILLE ECONOMIC DEVELOPMENT CORP's revenue and expenses?

In 2023, GAINESVILLE ECONOMIC DEVELOPMENT CORP reported $1.9M in total revenue and $1.1M in total expenses on its IRS Form 990.

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