Gillespie County Economic Development Commission Inc

Organization Overview

Gillespie County Economic Development Commission Inc is located in Fredericksburg, TX. The organization was established in 2008. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Gillespie County Economic Development Commission Inc 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 09/2022, Gillespie County Economic Development Commission Inc generated $343.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $238.4k during the year ending 09/2022. While expenses have increased by 8.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO FACILITATE THE FOCUSED ECONOMIC DEVELOPMENT IN THE GILLESPIE COUNTY AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION IS DESIGNED TO FACILITATE THE FOCUSED ECONOMIC DEVELOPMENT OF GILLESPIE COUNTY. CURRENT ACTIVITIES INCLUDE ADDDRESSING AFFORDABLE HOUSING AND OTHER LABOR FORCE ISSUES.


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Board, Officers & Key Employees

Name (title)Compensation
Tim Lehmberg
Executive Director
$109,739
Stephen Harris
Director
$0
Brad Hardin
Director
$0
Ross Allen
Director
$0
Steve Mcanally
Director
$0
Wade Dittmar
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$343,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$343,000
Total Program Service Revenue$0
Investment income $362
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $343,362

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