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Filing year 2023

HEART OF TEXAS ECONOMIC DEVELOPMENT DISTRICT INC

Waco, Texas·EIN 27-0083125·NTEE S20 · Community Improvement & Capacity Building·3
Total revenue
$432k
Total assets
$2.3M
Total expenses
$218k
Reported officers
20
Mission

THE EXEMPT PURPOSE OF THE HEART OF TEXAS ECONOMIC DEVELOPMENT DISTRICT IS TO PROMOTE ECONOMIC GROWTH IN THE HEART OF TEXAS COUNCIL OF GOVERNMENTS REGION IN THE STATE OF TEXAS, TO INCREASE EMPLOYMENT OPPORTUNITIES FOR THE UNEMPLOYED AND UNDEREMPLOYED, TO ASSIST AND COORDINATE ECONOMIC DEVELOPMENT EFFORTS OF LOCAL GOVERNMENTS AND ORGANIZATIONS, TO DEVELOP A COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY FOR THE REGION, TO CONDUCT OTHER ACTIVITIES SUPPORTING THE REGION'S ECONOMIC DEVELOPMENT GOALS AND OBJECTIVES, AND TO EXERCISE ALL OTHER RIGHTS AND POWERS GRANTED TO THE CORPORATION PURSUANT TO THE TEXAS NON-PROFIT CORPORATION ACT.

Reported officers (all unpaid)

No paid executives reported in 2023. HEART OF TEXAS ECONOMIC DEVELOPMENT DISTRICT INC reported 20 unpaid officers and board members on its 990.

Chair
Vice Chair
Secretary/treasurer
President
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Financial trend

Revenue and expenses over time

HEART OF TEXAS ECONOMIC DEVELOPMENT DISTRICT INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$231k
$166k
2022
$432k
$218k
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Texas

HEART OF TEXAS ECONOMIC DEVELOPMENT DISTRICT INC 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 $83,593.

25th percentile
$38k
Median
$83,593
75th percentile
$160k
90th percentile
$293k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 520 organizations across 520 filings (2022 – 2024).

See full Community Improvement & Capacity Building pay data for Texas
FAQ

Common questions about HEART OF TEXAS ECONOMIC DEVELOPMENT DISTRICT INC

What are HEART OF TEXAS ECONOMIC DEVELOPMENT DISTRICT INC's revenue and expenses?

In 2023, HEART OF TEXAS ECONOMIC DEVELOPMENT DISTRICT INC reported $432k in total revenue and $218k in total expenses on its IRS Form 990.

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