Burleson County Economic Development Council Inc
- Assets
- $497.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Caldwell, TX
- Founding
- 03/1963
- Data as of
- 12/2020
- EIN
- 74-6060784
Organization Overview
Burleson County Economic Development Council Inc is located in Caldwell, TX. The organization was established in 1963. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Burleson County Economic Development Council 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 12/2020, Burleson County Economic Development Council Inc generated $62.0k 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 (5.9%) each year. All expenses for the organization totaled $42.0k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Sutherland Board Member | 10 | $24,000 | |
Ann Chapman Board Member | 1 | $0 | |
Norris Mcmanus Board Member | 1 | $0 | |
Melinda Scott Board Member | 1 | $0 | |
Norman Feil Board Member | 1 | $0 | |
Keith Schroeder Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $61,813 |
| Membership dues | $0 |
| Investment income | $233 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,046 |
| 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 | $33,358 |
| Occupancy, rent, utilities, and maintenance | $8,258 |
| Printing, publications, postage, and shipping | $371 |
| Other expenses | $0 |
| Total expenses | $41,987 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $497,736 |
| Other assets | $0 |
| Total assets | $497,736 |
| Total liabilities | $0 |
| Net assets or fund balances | $497,736 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Valor Texas Education Foundation Austin, TX | $20,040,325 | $11,565,701 |
Foundation For Tulsa Schools Tulsa, OK | $13,402,243 | $11,567,047 |
Eugene Higgins Charitable Trust Dallas, TX | $194,077,327 | $32,131,659 |
Lyndon Baines Johnson Foundation Austin, TX | $271,934,270 | $12,544,612 |
Los Alamos National Laboratory Foundation Espanola, NM | $121,206,991 | $6,734,322 |
Joe W & Dorothy Dorsett Brown Foundation Metairie, LA | $122,222,465 | $11,452,057 |
Canfield Family Foundation Austin, TX | $4,029,217 | $166,419 |
Osteopathic Medical Education Consortium Of Oklahoma Inc Tulsa, OK | $3,495,258 | $6,319,915 |
Yellowstone Academy Inc Houston, TX | $16,392,464 | $16,744,043 |
Houston Community College Foundation Houston, TX | $19,733,211 | $7,332,146 |
Houston Independent School District Foundation Houston, TX | $7,123,064 | $5,838,395 |
Sandia Foundation Albuquerque, NM | $101,924,097 | $6,126,551 |