Galveston County Economic Alliance
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Galveston, TX
- Founding
- 09/2005
- Data as of
- 12/2019
- EIN
- 20-3438574
Organization Overview
Galveston County Economic Alliance is located in Galveston, TX. The organization was established in 2005. 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. Galveston County Economic Alliance is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2019, Galveston County Economic Alliance generated $37.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (27.6%) each year. All expenses for the organization totaled $951.0 during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (67.4%) per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
TO PROVIDE ECONOMIC DEVELOPMENT RESOURCES TO BUSINESSES AND GOVERNMENTS IN GALVESTON COUNTY, TEXAS, AND TO ATTRACT NEW BUSINESSES TO THE AREA, CREATE JOBS, EXPAND THE LOCAL TAX BASE AND IMPROVE THE ECONOMY IN GALVESTON COUNTY, TEXAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Murphy Chairman | 2 | $0 | |
Bill Mathis Vice Chairman | 2 | $0 | |
Victor Pierson Treasurer | 2 | $0 | |
Mike Flanagan Secretary | 2 | $0 | |
Pauline Moore Member | 2 | $0 | |
Nick Finan Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $37,123 |
| Total Revenue | $37,123 |
| 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 | $650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $301 |
| Total expenses | $951 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |