Best-Southwest Partnership For Economic Development & Tourism Inc
- Assets
- $195.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Duncanville, TX
- Founding
- 01/1991
- Data as of
- 12/2020
- EIN
- 75-2347352
Organization Overview
Best-Southwest Partnership For Economic Development & Tourism Inc is located in Duncanville, TX. The organization was established in 1991. 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. Best-Southwest Partnership For Economic Development & Tourism 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, Best-Southwest Partnership For Economic Development & Tourism Inc generated $182.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $104.7k during the year ending 12/2020. While expenses have increased by 0.4% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cory Lacy President | 0 | $66,803 | |
Cynthia Mickens-Ross Past Chair | 0 | $0 | |
Joe Seabrook 2020 Chair | 0 | $0 | |
Robyn Mota 2021 Chair | 0 | $0 | |
Alfonso Hernandez Immediate Past Chair | 0 | $0 | |
Curtistene Mccowan At Large Trans Chair | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $149,700 |
| Investment income | $949 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,943 |
| Other Revenue | $65 |
| Total Revenue | $182,157 |
| 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 | $71,539 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,210 |
| Total expenses | $104,749 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $195,293 |
| Other assets | $0 |
| Total assets | $195,293 |
| Total liabilities | $0 |
| Net assets or fund balances | $195,293 |
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