Central Houston Inc
- Assets
- $4.5m
- Revenue
- $997.9k
- Investments
- $0.0
- Employees
- 52
- Location
- Houston, TX
- Founding
- 08/1983
- Data as of
- 12/2022
- EIN
- 76-0062145
Organization Overview
Central Houston Inc is located in Houston, TX. The organization was established in 1983. According to its NTEE Classification (N01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Central Houston Inc employed 52 individuals. This organization is the central organization for a national or regional group of organizations. Central Houston 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 12/2022, Central Houston Inc generated $997.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $896.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 6 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CENTRAL HOUSTON IS A VISIONARY, ACTION-ORIENTED COLLABORATOR THAT SETS THE GROUNDWORK FOR URBAN VITALITY AND CONTINUED GROWTH TO FOSTER A THRIVING HUB OF COMMERCE, CULTURE, AND LIVING WITHIN DOWNTOWN AND THE CENTRAL CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONOMIC DEVELOPMENT PROGRAM-THE ECONOMIC DEVELOPMENT PROGRAM IS USED AS A RELIABLE RESOURCE FOR INVESTORS, BUILDING OWNERS AND TENANTS SERVING AS A CLEARINGHOUSE FOR INFORMATION, INCLUDING INTERNALLY GENERATED DATA SUCH AS THE DOWNTOWN OFFICE STORY, DEVELOPMENT MAPS, AND INDEPENDENT RESEARCH. THE GOAL OF THE PROGRAM IS TO RECRUIT AND RETAIN OFFICE TENANTS, ENCOURAGE QUALITY DEVELOPMENT, GROW THE INNOVATION ECOSYSTEM, AND ULTIMATELY BRING EMPLOYERS AND JOBS TO DOWNTOWN.
URBAN PLACEMAKING-CENTRAL HOUSTON WORKS WITH THE DOWNTOWN COMMUNITY TO CREATE UNIQUE AND VIBRANT PLACES WITHIN DOWNTOWN WHICH ATTRACT WORKFORCE TALENT, RESIDENTS, VISITORS AND DEVELOPMENT INVESTMENTS.
TRANSPORTATION ACCESS-TRANSPORTATION PROGRAM ADVOCACY IS CENTRAL TO STRONG ECONOMIC DEVELOPMENT IN DOWNTOWN. CENTRAL HOUSTON ADVOCATES ON BEHALF OF ITS DOWNTOWN STAKEHOLDERS TO IMPROVE THE QUALITY OF TRANSPORTATION OPTIONS, PRIORITY ACCESS, EFFECTIVE COMMUTING METHODS, AND WORKS WITH THE CITY OF HOUSTON AND OTHER AGENCIES INCLUDING TXDOT, METRO, AND H-GAC TO COORDINATE TRANSPORTATION PROJECTS THAT IMPACT DOWNTOWN. CONTRIBUTION INCLUDES FUNDING FOR A FULL TIME TRANSPORTATION PROGRAM LEAD, EDUCATIONAL OPPORTUNITIES, AND RESEARCH.
CIVIC LEADERSHIP - A FRAMEWORK FOR RESPONSIBLE DECISIONS REGARDING THE CIVIC OPPORTUNITIES ASSOCIATED WITH THE NORTH HOUSTON HIGHWAY IMPROVEMENT PROJECT HAS BEEN CREATED THROUGH THE MAYOR'S OFFICE AND STEERING COMMITTEE OF CIVIC VOLUNTEERS. CENTRAL HOUSTON SERVES AS THE COORDINATING ENTITY TO PROVIDE A DEEP RESOURCE OF EXPERIENCED URBAN PLANNING, DESIGN, ENGINEERING, AND ECONOMIC DEVELOPMENT PROFESSIONALS, EITHER THROUGH INTERNAL STAFF OR THROUGH THE ENGAGEMENT OF CONSULTANTS, TO SUPPLEMENT THE RESOURCES OF THE CITY AND PLAY AN INTEGRAL ROLE WITH THE CITY OF HOUSTON AND TXDOT TO ADVANCE THE OVERALL QUALITY OF DESIGN FOR THE HIGHWAY PROJECT. CENTRAL HOUSTON HAS SERVED AND CONTINUES TO SERVE AS A LEADER IN BRINGING SIMILAR CIVIC OPPORTUNITIES TO REALITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Jessett Treasurer | OfficerTrustee | 1 | $0 |
Amy Chronis Director | Trustee | 0.1 | $0 |
Anne Taylor Chair Emeritus | Trustee | 0.1 | $0 |
Bradley Feels Director | Trustee | 0.1 | $0 |
C Richard Everett Director | Trustee | 0.1 | $0 |
Cody Schneider Director | Trustee | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bsrep Ii Houston 2 Hc Owner Rent & After Hours Service | 12/30/21 | $218,725 |
Corporate Computer Source It Services | 12/30/21 | $162,576 |
Algenita Davis Consulting | 12/30/21 | $102,000 |
David E Harvey Builders Inc Office Buildout & Furnishings | 12/30/21 | $525,398 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $972,669 |
| Investment income | $25,198 |
| 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 | $997,867 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $263,817 |
| 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. | $293,354 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,744 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $73,704 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,659 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,401 |
| Advertising and promotion | $0 |
| Office expenses | $20,872 |
| Information technology | $1,622 |
| Royalties | $0 |
| Occupancy | $31,919 |
| Travel | $12,756 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50,319 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,676 |
| Insurance | $6,022 |
| All other expenses | $0 |
| Total functional expenses | $896,659 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $350 |
| Savings and temporary cash investments | $1,057,436 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $366,567 |
| 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 | $120,352 |
| Net Land, buildings, and equipment | $937,251 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,990,586 |
| Total assets | $4,472,542 |
| Accounts payable and accrued expenses | $70,143 |
| 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 | $3,194,871 |
| Total liabilities | $3,265,014 |
| Net assets without donor restrictions | $918,038 |
| Net assets with donor restrictions | $289,490 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,472,542 |
Grants Awarded
Over the last fiscal year, Central Houston Inc has awarded $244,075 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL HOUSTON CIVIC IMPROVEMENT PURPOSE: SUPPORT BUSINESS DEVELOPMENT | $149,075 |
CENTRAL HOUSTON CIVIC IMPROVEMENT PURPOSE: SUPPORT EDUCATION | $15,000 |
CENTRAL HOUSTON CIVIC IMPROVEMENT PURPOSE: SUPPORT TRANSPORTATION | $70,000 |
CENTRAL HOUSTON CIVIC IMPROVEMENT PURPOSE: UNRESTRICTED EXPENSES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Houston Inc Houston, TX | $4,472,542 | $997,867 |
Edmond Memorial Athletic Booster Club Edmond, OK | $143,174 | $232,940 |
Bike Austin Austin, TX | $33,411 | $0 |
Impact Center Arlington, TX | $5,333,108 | $2,814,426 |
Texas Alliance Of Recreational Organizations Inc Houston, TX | $245,830 | $0 |
Gymnastics Association Of Texas Spring, TX | $140,927 | $0 |
Safari Club International San Antonio, TX | $67,653 | $0 |
Safari Club International Dexter, NM | $239,730 | $111,743 |
Band Of Barrows Fort Worth, TX | $12,207 | $66,585 |
Safari Club International Austin, TX | $39,283 | $0 |
Safari Club International Little Rock, AR | $91,937 | $0 |
Safari Club International Kerrville, TX | $53,060 | $0 |
Safari Club International El Paso, TX | $175,898 | $32,116 |
Womens Running Coaches Collective Conroe, TX | $7,920 | $0 |
A Girl & A Gun Legacy Round Rock, TX | $9,923 | $10,000 |