Rosebud Economic Development Corp is located in Rosebud, TX. The organization was established in 2002. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Rosebud Economic Development Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Rosebud Economic Development Corp generated $58.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $38.5k 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 Mission:
Part 3 - Line 1
TO PROMOTE ECONOMIC DEVELOPMENT FOR THE CITY OF ROSEBUD, TEXAS
Describe the Organization's Program Activity:
Part 3
MAINTAINED MORTGAGES AND OTHER COSTS AND FUNDS FOR DEVELOPING COMPANIES THAT ARE LOCATED IN ROSEBUD, TEXAS
MAINTAINED MORTGAGES AND OTHER COSTS AND FUNDS FOR DEVELOPING COMPANIES THAT ARE LOCATED IN ROSEBUD, TEXAS
CONTRIBUTIONS TO COMMUNITY PROGRAMS, REPAIRS AND MAINTENANCE FOR BUILDINGS, UTILITIES, AND OTHER ADMINISTRATIVE EXPENSES TO PROMOTE ECONOMIC GROWTH IN ROSEBUD, TEXAS
CONTRIBUTIONS TO COMMUNITY PROGRAMS, REPAIRS AND MAINTENANCE FOR BUILDINGS, UTILITIES, AND OTHER ADMINISTRATIVE EXPENSES TO PROMOTE ECONOMIC GROWTH IN ROSEBUD, TEXAS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carson Wallace President | 1 | $0 | |
Martha Westerman Secretary | 1 | $0 | |
Wayne Wilson Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $57,500 |
Membership dues | $0 |
Investment income | $974 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $58,474 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $50 |
Occupancy, rent, utilities, and maintenance | $38,472 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $38,522 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $215,718 |
Other assets | $0 |
Total assets | $215,718 |
Total liabilities | $0 |
Net assets or fund balances | $215,718 |