Buffalo Gap Improvement Corporation
- Assets
- $398.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Buffalo Gap, TX
- Founding
- 12/2015
- Data as of
- 12/2021
- EIN
- 47-4103844
Organization Overview
Buffalo Gap Improvement Corporation is located in Buffalo Gap, TX. The organization was established in 2015. 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. Buffalo Gap Improvement Corporation 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 12/2021, Buffalo Gap Improvement Corporation generated $25.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $23.0k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
TO ASSIST IN THE ACQUISITION, PRESERVATION, DEVELOPMENT AND MAINTENANCE OF PROPERTIES OF HISTORICAL SIGNIFICANCE WITHIN THE TOWN OF BUFFALO GAP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tucker S Bridwell Director | 1 | $0 | |
Nancy Henderson Secretary/treasurer | 1 | $0 | |
Joseph Edwin Canon Director | 1 | $0 | |
F Thomas Tom Perini President | 1 | $0 | |
David L Perry Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,000 |
| 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 | $25,000 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,999 |
| Total expenses | $22,999 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,679 |
| Other assets | $0 |
| Total assets | $398,891 |
| Total liabilities | $0 |
| Net assets or fund balances | $398,891 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Buffalo Gap Improvement Corporation has recieved totaling $120,000.
| Awarding Organization | Amount |
|---|---|
The Mary Moody Northern Endowment Galveston, TX PURPOSE: GENERAL | $120,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Oklahoma Workforce Investment Board Inc Oklahoma City, OK | $3,420,947 | $10,316,235 |
Whole Planet Foundation Austin, TX | $10,584,602 | $6,202,281 |
Frazier Revitalization Inc Dallas, TX | $12,774,298 | $14,569,658 |
Corpus Christi Area Convention And Tourist Bureau Inc Corpus Christi, TX | $2,305,137 | $5,577,829 |
Edinburg Economic Development Corporation Edinburg, TX | $67,135,031 | $9,281,578 |
Market Lubbock Economic Development Corporation Lubbock, TX | $8,726,484 | $8,303,064 |
Lubbock Economic Development Alliance Inc Lubbock, TX | $29,508,777 | $13,680,218 |
Northwest Arkansas Economic Development District Inc Harrison, AR | $3,285,809 | $5,390,544 |
Mcallen Economic Development Corporation Mcallen, TX | $25,789,547 | $5,490,638 |
Greater Brownsville Incentives Corporation Brownsville, TX | $32,068,237 | $6,507,551 |
Southern Bancorp Capital Partners Little Rock, AR | $42,438,691 | $5,768,207 |
I2e Inc Oklahoma City, OK | $27,869,803 | $5,344,576 |