Heb Economic Development Foundation Inc

Organization Overview

Heb Economic Development Foundation Inc is located in Bedford, 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. Heb Economic Development Foundation 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 09/2023, Heb Economic Development Foundation Inc generated $41.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $78.1k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3

DEVELOP ECONOMIC DEMOGRAPHIC RESOURCE DATABASE TO ALLOW DISSEMINATION OF INFORMATION AND ENHANCE THE KNOWLEDGE AND MARKETABILITY OF THE HEB AREA.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$40,067
Total Program Service Revenue$0
Membership dues$0
Investment income $924
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$40,991

Peer Organizations

Organization NameAssets
Market Lubbock Economic Development Corporation
Lubbock, TX
$10,379,213
Corpus Christi Area Convention And Tourist Bureau Inc
Corpus Christi, TX
$7,858,884
Southeast Ark Economic Development Dist Inc
Pine Bluff, AR
$8,494,217
Whole Foods Market Foundation
Austin, TX
$8,721,152
Albuquerque Convention & Visitors Bureau Inc
Albuquerque, NM
$8,800,784
I2e Inc
Oklahoma City, OK
$9,581,488
Lubbock Economic Development Alliance Inc
Lubbock, TX
$12,728,693
Beloved Community
New Orleans, LA
$5,220,790
Gretna Economic Development Association Limited
Gretna, LA
$5,086,166
Northwest Arkansas Economic Development District Inc
Harrison, AR
$6,403,027
Mcallen Economic Development Corporation
Mcallen, TX
$6,280,082
The Economic Development Corporation Of Weslaco
Weslaco, TX
$8,559,382
Edinburg Economic Development Corporation
Edinburg, TX
$10,737,776
Greater Brownsville Incentives Corporation
Brownsville, TX
$8,749,232
Cen-Tex Certified Development Corporation
Austin, TX
$3,088,394
Greater Houston Partnershipfoundation
Houston, TX
$1,866,671
Southern Bancorp Capital Partners
Little Rock, AR
$7,082,881
Orange Economic Development Corporation
Orange, TX
$3,267,974
Bastrop Economic Development Corporation
Bastrop, TX
$3,582,827
Central Arkansas Planning And Development District Inc
Lonoke, AR
$3,632,917
Saisd Historic Preservation Corporation
San Antonio, TX
$2,136,643
New Orleans Bioinnovation Center Inc
New Orleans, LA
$2,652,468
Greater New Orleans Development Foundation
New Orleans, LA
$2,831,617
Texas Economic Development Corporation
Austin, TX
$5,923,992
Lt Operating Foundation
Tulsa, OK
$1,299,281

Create an account to unlock the data you need.

or