Eden Economic Development Corporation

Organization Overview

Eden Economic Development Corporation is located in Eden, TX. The organization was established in 1998. 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. Eden Economic Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 07/2021, Eden Economic Development Corporation generated $118.0k 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 $73.3k during the year ending 07/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP PROGRAMS THAT PROMOTE THE CITY OF EDEN

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE APPROXIMATELY 33% OF THE COST OF THE ECONOMIC DEVELOPEMENT COORDINATOR WHO IS RESPONSIBLE FOR THE DEVELOPMENT OF PROGRAMS TO PROMOTE THE CITY OF EDEN ATTENDING VARIOUS EXHIBITS TO HAND OUT PROMOTIONAL ITEMS, & COORDINATE TOURISM ACTIVITIES WITH THE CITY, CHAMBER & SPIRIT OF EDEN(NON-PROFIT CORPORATION). TO SUBSIDIZE THE PAYROLL COSTS FOR A COMMUNITY CHILD CARE CENTER FOR CHILDREN OF LOWINCOME FAMILIES. FUNDING FOR BUSINESS START-UPS AND LOSS RESERVE FOR UNCOLLECTIBLE LOANS USED TO HELP BUSINESSES UPGRADE OR EXPAND THEIR FACILITIES.


TO PROVIDE FOR VARIOUS PROJECTS, PROMOTIONAL EXPENSE FOR EVENTS AND FEES ASSOCIATEDWITH THE ONGOING OPERATION OF THE EDC.


TO PROVIDE APPROXIMATELY 33% OF THE COST OF THE ECONOMIC DEVELOPEMENT COORDINATOR WHO IS RESPONSIBLE FOR THE DEVELOPMENT OF PROGRAMS TO PROMOTE THE CITY OF EDEN ATTENDING VARIOUS EXHIBITS TO HAND OUT PROMOTIONAL ITEMS, & COORDINATE TOURISM ACTIVITIES WITH THE CITY, CHAMBER & SPIRIT OF EDEN(NON-PROFIT CORPORATION). TO SUBSIDIZE THE PAYROLL COSTS FOR A COMMUNITY CHILD CARE CENTER FOR CHILDREN OF LOWINCOME FAMILIES. FUNDING FOR BUSINESS START-UPS AND LOSS RESERVE FOR UNCOLLECTIBLE LOANS USED TO HELP BUSINESSES UPGRADE OR EXPAND THEIR FACILITIES.


TO PROVIDE FOR VARIOUS PROJECTS, PROMOTIONAL EXPENSE FOR EVENTS AND FEES ASSOCIATEDWITH THE ONGOING OPERATION OF THE EDC.


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Board, Officers & Key Employees

Name (title)Compensation
Craig Pfluger
Coordinator
$35,746
Cam Kleibrink
President
$0
Barbara Stansberry
Secretary/treas
$0
Jenny Sanders
Vice President
$0
Matt Odom
Director
$0
Shan Click
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $22,000
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$22,000
Total Program Service Revenue$72,033
Investment income $3,541
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 $118,036

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Eden Economic Development Corporation has recieved totaling $22,000.

Awarding OrganizationAmount
Spirit Of Eden Fund

Eden, TX

PURPOSE: ECONOMIC DEVELOPMENT COORDINATOR POSITION

$22,000
View Grant Recipient Profile

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