Development District Of Central Texas
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Belton, TX
- Founding
- 02/2004
- Data as of
- 12/2022
- EIN
- 13-4207150
Organization Overview
Development District Of Central Texas is located in Belton, TX. The organization was established in 2004. According to its NTEE Classification (S30) the organization is classified as: Economic 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. Development District Of Central Texas 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 12/2022, Development District Of Central Texas generated $56.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $55.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.8%) per year over the past 6 years. 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
2022
Describe the Organization's Program Activity:
Part 3
DEVELOPMENT DISTRICT OF CENTRAL TEXAS PROVIDES STUDIES AND GUIDANCE OF ECONOMIC DEVELOPMENT TO CENTRAL TEXAS' SEVEN COUNTY REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Roome Member | 0.5 | $0 | |
Cynthia Hernandez Vice Chair | 1 | $0 | |
Ginger Watkins Chair | 2 | $0 | |
Cheri Shepherd Member | 0.5 | $0 | |
Charley Ayers Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,559 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,559 |
| 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 | $44,187 |
| Occupancy, rent, utilities, and maintenance | $5,832 |
| Printing, publications, postage, and shipping | $5,921 |
| Other expenses | $0 |
| Total expenses | $55,940 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $65,609 |
| Net assets or fund balances | -$65,609 |
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