Economic Development Alliance For Brazoria County is located in Angleton, TX. The organization was established in 1984. 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 09/2022, Economic Development Alliance For Brazoria County employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Economic Development Alliance For Brazoria County 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 09/2022, Economic Development Alliance For Brazoria County generated $859.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $670.1k during the year ending 09/2022. 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
TO PROMOTE AND DIVERSIFY THE ECONOMIC BASE, ATTRACT HIGH-WAGE JOBS IN TARGET INDUSTRIES TO BRAZORIA COUNTY AND SUPPORT AND CHAMPION THE INTERESTS OF EXISTING BUSINESSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE AND DIVERSIFY THE ECONOMIC BASE, ATTRACT HIGH-WAGE JOBS IN TARGET INDUSTRIES TO BRAZORIA COUNTY, AND SUPPORT AND CHAMPION THE INTERESTS OF EXISTING BUSINESSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patti Worfe President/ce | 40 | $135,000 | |
Brent Bowles Chairman | Officer | $0 | |
Dan Croft Treasurer | Officer | $0 | |
Jim Russ Past Chairma | Officer | $0 | |
Kenneth Vernor Vice Chairma | Officer | $0 | |
Chris Witte Secretary | Officer | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $443,450 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $388,551 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $832,001 |
Total Program Service Revenue | $21,200 |
Investment income | $4,254 |
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 | $858,955 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $359,602 |
Pension plan accruals and contributions | $29,543 |
Other employee benefits | $38,392 |
Payroll taxes | $27,364 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,435 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $8,453 |
Advertising and promotion | $36,614 |
Office expenses | $6,116 |
Information technology | $10,943 |
Royalties | $0 |
Occupancy | $34,350 |
Travel | $11,823 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $14,046 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $12,530 |
Insurance | $3,146 |
All other expenses | $3,864 |
Total functional expenses | $670,058 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $542,151 |
Savings and temporary cash investments | $974,539 |
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 |
Net Land, buildings, and equipment | $9,612 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $80 |
Total assets | $1,526,382 |
Accounts payable and accrued expenses | $0 |
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 | $12,712 |
Total liabilities | $12,712 |
Net assets without donor restrictions | $1,455,380 |
Net assets with donor restrictions | $58,290 |
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 | $1,526,382 |
Organization Name | Assets | Revenue |
---|---|---|
Avance Inc San Antonio, TX | $11,319,048 | $60,395,226 |
Operation Homefront Inc San Antonio, TX | $30,804,944 | $40,861,039 |
Gulf Coast Community Services Assn Inc Houston, TX | $4,457,612 | $33,824,576 |
Hill Country Community Action Association Inc San Saba, TX | $4,864,839 | $26,700,596 |
Crawford Sebastian Community Development Council Inc Fort Smith, AR | $10,081,488 | $25,336,007 |
St Martin Iberia Lafayette Parishes Community Action Agency Lafayette, LA | $1,628,921 | $19,226,376 |
El Paso Community Action Program Project Bravo Inc El Paso, TX | $2,433,349 | $16,653,742 |
Abilene Improvement Corporation Abilene, TX | $4,300,132 | $16,087,347 |
Waterloo Greenway Conservancy Austin, TX | $14,294,713 | $19,654,960 |
Avance Inc San Antonio, TX | $3,341,095 | $14,922,059 |
Northwest Arkansas Council Foundation Springdale, AR | $9,473,428 | $13,530,717 |
First Colony Community Services Association Inc Sugar Land, TX | $19,403,817 | $10,458,068 |