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Texas Economic Development Corporation

Public charity
DBA: % TEXAS DEPT OF ECONOMIC DEVELOPMEN
Community Development · AUSTIN, TX · EIN 74-2619492
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About

The texas economic development corporation is an independently funded and operated 501(c)(3) nonprofit organization responsible for marketing and promoting texas as a premier business location.

In care of Texas DEPT of Economic Developmen

Donations are tax-deductible
Category
Community Development
Employees
13
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$3.8M
Expenses
$4.6M
Assets
$8.8M
Liabilities
$374K

Financial history

$5.9M$3.0M$0
161718192021222324
RevenueExpenses
Latest FY2024: $3.8M · Peak FY2023: $5.9M · Avg: $3.8M

Foreign activity (Schedule F)

Total spent abroad$885K
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
INDIA——
JAPAN, KOREA, TAIWAN——
THE UNITED KINGDOM——
TEXAS ECONOMIC DEVELOPMENT CORPORATION
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Address

PO BOX 684702
Austin, TX, 78768-470

Governance

Voting board members9
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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