Robstown Area Development Commission
- Assets
- $110.9k
- Revenue
- $82.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Robstown, TX
- Founding
- 05/1968
- Data as of
- 06/2020
- EIN
- 74-6092259
Organization Overview
Robstown Area Development Commission is located in Robstown, TX. The organization was established in 1968. 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. As of 06/2019, Robstown Area Development Commission employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robstown Area Development Commission 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 06/2020, Robstown Area Development Commission generated $82.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $88.6k during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE ROBSTOWN AREA DEVELOPMENT COMMISSIONS MISSION IS TO BRING ECONOMIC DEVELOPMENT AND STABLE GROWTH TO ROBSTOWN AND ADJACENT AREAS OF NORTHWESTERN NUECES COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ROBSTOWN AREA DEVELOPMENT COMMISSIONS MISSION IS TO BRING ECONOMIC DEVELOPMENT AND STABLE GROWTH TO ROBSTOWN AND ADJACENT AREAS OF NORTHWESTERN NUECES COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elias R Vasquez Immediate Past President | Trustee | 1 | $0 |
Stephen Brynestad Secretary | Trustee | 0.5 | $0 |
Ronald Berglund Treasurer | Trustee | 1 | $0 |
Herman Rodriguez Robstown City Secretary | Trustee | 0 | $0 |
Dr Rumaldo Z Juarez Past President | Trustee | 1 | $0 |
Sandra Pedraza Vice President | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,989 |
| Investment income | $205 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,320 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $82,514 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,192 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,179 |
| Payroll taxes | $5,568 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $680 |
| Advertising and promotion | $3,967 |
| Office expenses | $1,864 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,368 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,574 |
| All other expenses | $0 |
| Total functional expenses | $88,629 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,487 |
| Savings and temporary cash investments | $31,392 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $110,879 |
| Accounts payable and accrued expenses | $399 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $399 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $110,480 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lakewest Revitalization Foundation Inc Dallas, TX | $0 | $14,279 |
Mid-Delta Community Services Inc Helena, AR | $2,889,498 | $10,056,138 |
Communities Unlimited Inc Fayetteville, AR | $26,843,803 | $9,936,122 |
San Antonio Area Foundation Group Return San Antonio, TX | $40,579,905 | $5,477,004 |
Economic Opportunity Agency Of Washington County Inc Springdale, AR | $5,019,111 | $7,887,315 |
World Technical Services Inc San Antonio, TX | $2,009,761 | $7,407,418 |
Delta Community Action Association Inc Tallulah, LA | $2,682,123 | $8,135,037 |
Cinco Ranch Residential Association Dallas, TX | $13,739,829 | $9,730,745 |
Fifth Ward Community Redevelopment Houston, TX | $11,525,956 | $8,246,995 |
Ozark Opportunities Inc Harrison, AR | $2,913,630 | $6,819,793 |
Southwest Oklahoma Community Action Group Inc Altus, OK | $4,395,408 | $6,280,585 |
Texas Appleseed Austin, TX | $7,949,482 | $7,859,791 |