Aransas County Partnership Economic Development Corporation
- Assets
- $276.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockport, TX
- Founding
- Data as of
- 12/2021
- EIN
- 84-3736196
Organization Overview
Aransas County Partnership Economic Development Corporation is located in Rockport, 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. Aransas County Partnership Economic Development Corporation 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 12/2021, Aransas County Partnership Economic Development Corporation generated $144.9k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $58.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SEE PRIMARY PURPOSE STATEMENT ABOVE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Gurtner Rf Chamber Representative | 15 | $23,555 | |
James Creekmore Director | 2 | $0 | |
John Jackson Past Chairman | 3 | $0 | |
Burt Mills Aransas County Judge | 2 | $0 | |
Rebecca Bagby Secretary | 3 | $0 | |
Jim Riedel Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,005 |
| Total Program Service Revenue | $0 |
| Membership dues | $100,750 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $111 |
| Other Revenue | $0 |
| Total Revenue | $144,866 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,555 |
| Professional fees and other payments to independent contractors | $15,353 |
| Occupancy, rent, utilities, and maintenance | $6,000 |
| Printing, publications, postage, and shipping | $2,150 |
| Other expenses | $11,534 |
| Total expenses | $58,592 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $274,602 |
| Other assets | $0 |
| Total assets | $276,532 |
| Total liabilities | $87,803 |
| Net assets or fund balances | $188,729 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Austin Revitalization Authority Austin, TX | $2,910,002 | $1,225,921 |