Bee Area Partnership Inc
- Assets
- $11.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beeville, TX
- Founding
- Data as of
- 12/2021
- EIN
- 84-2893545
Organization Overview
Bee Area Partnership Inc is located in Beeville, TX. According to its NTEE Classification (S31) the organization is classified as: Urban & Community 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. Bee Area Partnership Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
FUNDS RECEIVED FROM VARIOUS PUBLIC AND PRIVATE CONTRIBUTORS ARE USED TO EXPEDITE AND ENHANCE ECONOMIC DEVELOPMENT, BUSINESS RETENTION, AND INDUSTRIAL DEVELOPMENT IN BEE COUNTY, TEXAS. A MULTI-NATIONAL BUSINESS WAS SUCCESSFULLY RECRUITED AND BEGAN SET UP OF A MANUFACTURING DIVISION AT THE FORMER NAVAL AIR BASE IN BEE COUNTY. NUMEROUS SITE VISITS AND ONGOING RECRUITING EFFORTS WERE SCHEDULED IN 2021. SOME RECRUITING EFFORTS CAME TO FRUITION IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Seitz CEO | 40 | $125,837 | |
Genifer Rucker Vice-Chair | 4 | $0 | |
Justin Hoggard Director | 4 | $0 | |
Evelyn Bethune Secretary | 4 | $0 | |
Louie Alaniz Director | 2 | $0 | |
John Benson Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,456 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $110 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $875 |
| Total Revenue | $113,441 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $193,820 |
| Professional fees and other payments to independent contractors | $7,375 |
| Occupancy, rent, utilities, and maintenance | $11,127 |
| Printing, publications, postage, and shipping | $126 |
| Other expenses | $58,804 |
| Total expenses | $271,252 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,343 |
| Other assets | $0 |
| Total assets | $11,674 |
| Total liabilities | $2,557 |
| Net assets or fund balances | $9,117 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Old Spanish Trail-Almeda Corridors Redevelopment Authority Houston, TX | $78,272,041 | $12,203,610 |
Centro Public Improvement District San Antonio, TX | $1,647,971 | $6,189,889 |
Maple Avenue Economic Development Corporation Of Dallas Dallas, TX | $11,933,705 | $3,299,961 |
White River Planning & Development Dist Inc Batesville, AR | $13,868,468 | $4,307,468 |
Covenant Community Capital Corporation Houston, TX | $9,362,906 | $2,210,165 |
Metafund Corporation Edmond, OK | $30,699,805 | $2,775,325 |
Sfs Development Inc Oklahoma City, OK | $22,888,253 | $6,807,080 |
Divinc Austin, TX | $1,242,173 | $2,296,391 |
The Pyramid Community Development Corporation Houston, TX | $3,288,918 | -$1,072,522 |
Technology & Entrepreneurship Center Of Houston Inc Houston, TX | $3,649,151 | $380,691 |
Regional Community Finance Inc New Orleans, LA | $27,779,646 | $1,353,772 |
Duncan Area Economic Development Foundation Duncan, OK | $17,794,309 | $1,169,335 |