Civic Intelligence

Katy Area Economic Development Cncl Katy Area Economic Development Cncl

990 • Fiscal year 2016 • EIN 20-0321679

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 30, 2017

Organization Profilewww.katyedc.org
438 Fm 1463Katy, TX 77494

(281) 396-2200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.63x

Higher debt load relative to assets than 91% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

79th percentile

0.32x

Higher debt load relative to revenue than 79% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Net Margin

58th percentile

5.6%

Higher net margin than 58% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

94th percentile

$190,325

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 21.0% of source-year revenue.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Asset Growth

92nd percentile

49%

Faster asset growth than 92% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

62nd percentile

7.0%

Faster revenue growth than 62% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$459,528

Up $150,798 (+49%) from 2015

Net Assets

Up

$171,715

Up $50,457 (+42%) from 2015

Liabilities

Up

$287,813

Up $100,341 (+54%) from 2015

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin58th percentile

Revenue

Up

$904,452

Up $59,342 (+7.0%) from 2015

Expenses

Up

$853,994

Up $30,176 (+3.7%) from 2015

Net Income

Up

$50,458

Up $29,166 (+137%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2010: $288,936Liabilities 2010: $7,978Net Assets 2010: $280,9582010Assets 2011: $352,197Liabilities 2011: $6,466Net Assets 2011: $345,7312011Assets 2012: $287,056Liabilities 2012: $179,945Net Assets 2012: $107,1112012Assets 2013: $272,393Liabilities 2013: $206,545Net Assets 2013: $65,8482013Assets 2014: $298,452Liabilities 2014: $198,486Net Assets 2014: $99,9662014Assets 2015: $308,730Liabilities 2015: $187,472Net Assets 2015: $121,2582015Assets 2016: $459,528Liabilities 2016: $287,813Net Assets 2016: $171,7152016Assets 2017: $408,982Liabilities 2017: $244,591Net Assets 2017: $164,3912017Assets 2018: $505,597Liabilities 2018: $234,237Net Assets 2018: $271,3602018Assets 2019: $277,440Liabilities 2019: $349,174Net Assets 2019: -$71,7342019Assets 2020: $255,922Liabilities 2020: $290,335Net Assets 2020: -$34,4132020Assets 2021: $331,645Liabilities 2021: $322,714Net Assets 2021: $8,9312021Assets 2022: $206,577Liabilities 2022: $264,559Net Assets 2022: -$57,9822022Assets 2023: $290,092Liabilities 2023: $281,045Net Assets 2023: $9,0472023Assets 2024: $327,167Liabilities 2024: $317,089Net Assets 2024: $10,0782024

Highlighted filing

2016

Assets$459,528
Liabilities$287,813
Net Assets$171,715
Open 2016 Filing

Operations Trend

Revenue Growth62nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $602,5542010Revenue 2011: $760,867Expenses 2011: $718,767Net Income 2011: $42,1002011Revenue 2012: $702,799Expenses 2012: $727,740Net Income 2012: -$24,9412012Revenue 2013: $729,073Expenses 2013: $770,336Net Income 2013: -$41,2632013Revenue 2014: $818,152Expenses 2014: $784,034Net Income 2014: $34,1182014Revenue 2015: $845,110Expenses 2015: $823,818Net Income 2015: $21,2922015Revenue 2016: $904,452Expenses 2016: $853,994Net Income 2016: $50,4582016Revenue 2017: $923,027Expenses 2017: $930,351Net Income 2017: -$7,3242017Revenue 2018: $861,495Expenses 2018: $754,526Net Income 2018: $106,9692018Revenue 2019: $647,480Expenses 2019: $990,574Net Income 2019: -$343,0942019Revenue 2020: $680,761Expenses 2020: $643,440Net Income 2020: $37,3212020Revenue 2021: $669,601Expenses 2021: $626,257Net Income 2021: $43,3442021Revenue 2022: $578,174Expenses 2022: $645,087Net Income 2022: -$66,9132022Revenue 2023: $479,233Expenses 2023: $419,948Net Income 2023: $59,2852023Revenue 2024: $588,302Expenses 2024: $587,271Net Income 2024: $1,0312024

Highlighted filing

2016

Revenue$904,452
Expenses$853,994
Net Income$50,458
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 30, 2017
Return Version
2016v3.0
Gross Receipts
$904,452
Mission and Program Overview

Mission

To establish the katy area as the premier location for families and businesses through planned economic growth and development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$144,440$281,899▲ $137,459
Accounts Receivable$106,370$124,273▲ $17,903
Land, Buildings, and Equipment, Net$30,259$26,266▼ $3,993
Savings and Temporary Cash Investments$26,035$26,035→ $0
Prepaid Expenses and Deferred Charges$1,626$1,055▼ $571
Total Assets$308,730$459,528▲ $150,798
Liabilities
Deferred Revenue$167,327$272,292▲ $104,965
Other Liabilities-$11,581-
Accounts Payable and Accrued Expenses$20,145$3,940▼ $16,205
Total Liabilities$187,472$287,813▲ $100,341
Net Assets / Fund Balance
Unrestricted Net Assets$121,258$171,715▲ $50,457
Total Net Assets Fund Balance$121,258$171,715▲ $50,457
Total Liabilities and Net Assets / Fund Balance$308,730$459,528▲ $150,798

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$26,266$120,974$147,240
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lance LacourPresident/CEOFT$190,325-$190,325
Lance Lacour--$188,325$2,000$190,325

Board Members and Trustees

NameTitle
Andy MeyersBoard of Governors
Ann HodgeBoard of Governors
Audrey GilbreathBoard of Governors
Bob ChalkerBoard of Governors
Chad CraftBoard of Governors
Craig RhodesBoard of Governors
Dan BoggioBoard of Governors
David WoodhamBoard of Governors
Don MasseyBoard of Governors
Downy VickeryBoard of Governors
Dr Lance HindtBoard of Governors
Fabol HughesBoard of Governors
J Peyton ElliottBoard of Governors
Jim ParisiBoard of Governors
Jimmy MoranBoard of Governors
John LeonardBoard of Governors
Katie SherborneBoard of Governors
Katrina KatsarelisBoard of Governors
Kent RosenbergerBoard of Governors
Kerry GilbertBoard of Governors
Masaud BaabaBoard of Governors
Matt SchaeferBoard of Governors
Paul KurtBoard of Governors
Peter HoughtonBoard of Governors
Revenue and Support

Revenue Composition

Contributions and Grants
$904,452
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$149,416
Change in Net Assets
$50,458

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table4$223,530Prevailing Market Rates/fees
Total Noncash Contributions4$223,530-

Audited Revenue Reconciliation

Revenue per Audited Statements
$904,452
Total Revenue per Audited Statements
$904,452
Total Revenue per Form 990
$904,452
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$472,889
Salaries, Compensation, and Employee Benefits$381,105
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$190,325-$190,325
All Other Expenses$84,725$76,533-$161,258
Other Salaries and Wages-$150,252-$150,252
Occupancy$7,281$94,223-$101,504
Advertising$87,639$4,862-$92,501
Fees for Services Legal-$28,000-$28,000
Office Expenses$2,665$21,506-$24,171
Payroll Taxes-$20,480-$20,480
Information Technology$10,077$2,978-$13,055
Pension Plan Contributions-$12,335-$12,335
Other Expenses-$11,086-$11,086
Travel$634$9,918-$10,552
Other Employee Benefits$0$7,713-$7,713
Fees for Services Accounting-$7,700-$7,700
Depreciation Depletion-$7,101-$7,101
Insurance-$5,547-$5,547
Fees for Services Other-$500-$500
Total Functional Expenses$193,021$660,973$0$853,994

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$853,994
Total Expenses per Audited Statements$853,994
Total Expenses per Form 990$853,994
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Retirement Plan Payable$8,163
Miscellaneous Payables$2,176
Payroll Taxes Payable$1,242
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Katy Area Economic Development Council
EIN
20-0321679
Phone
2813962200
Address
438 FM 1463, KATY, TX 77494

Signing Officer

Name
Lance Lacour
Title
President/CEO
Phone
2813962200
Signed
2017-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lance Lacour
Formed
2003
Legal Domicile
TX
Voting Board Members
33
Independent Board Members
33
Employees
6
Volunteers
0

Preparer

Firm
Kurt & Associates Pc
Address
333 CYPRESS RUN SUITE 210, HOUSTON, TX 77094
Preparer
Paul Kurt CPA
Phone
2814926545
Supplemental Narrative

Additional Explanations

Pt VI, Line 7B

“There is no difference in voting rights amongst the members of the governing body.”

Pt VI, Line 8A

“Every meeting held by the governing body is well documented.”

Pt VI, Line 8B

“Every meeting held by each committee having authority to act on behalf of the board of directors is documented.”

Pt VI, Line 11B

“The president/ceo presents the tax return, form 990, to the board of governors for review, discussion, and approval.”

Pt VI, Line 19

“This organization's governing documents and conflict of interest policy is available from the state of texas. The audited financial statements are made available to the public upon request.”

Pt XII, Line 3B

“NOT APPLICABLE”

Form 990, Part IX, Line 24E

“BAD DEBTS 18500. 18500.”

Form 990, Part IX, Line 24E

“Education/training 27299. 27299.”

Form 990, Part IX, Line 24E

“Membership dues 32464. 32464.”

Form 990, Part IX, Line 24E

“Outside services 58033. 58033.”

Form 990, Part IX, Line 24E

“Regional planning expenses 15000. 15000.”

Form 990, Part IX, Line 24E

“Research/prospect development 9962. 9962.”

Raw XML AppendixShowing 400 of 477 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt020145
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03940
IRS990/AccountsReceivableGrp/BOYAmt0106370
IRS990/AccountsReceivableGrp/EOYAmt0124273
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO ESTABLISH THE KATY AREA AS THE PREMIER LOCATION FOR FAMILIES AND BUSINESSES THROUGH PLANNED ECONOMIC GROWTH AND DEVELOPMENT.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04862
IRS990/AdvertisingGrp/ProgramServicesAmt087639
IRS990/AdvertisingGrp/TotalAmt092501
IRS990/AllOtherContributionsAmt0149416
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt076533
IRS990/AllOtherExpensesGrp/ProgramServicesAmt084725
IRS990/AllOtherExpensesGrp/TotalAmt0161258
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0KATY AREA EDC
IRS990/BooksInCareOfDetail/PhoneNum02813962200
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0438 FM 1463
IRS990/BooksInCareOfDetail/USAddress/CityNm0KATY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077494
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0144440
IRS990/CashNonInterestBearingGrp/EOYAmt0281899
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0190325
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0190325
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0904452
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0472889
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt050458
IRS990/CYSalariesCompEmpBnftPaidAmt0381105
IRS990/CYTotalExpensesAmt0853994
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0904452
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt0167327
IRS990/DeferredRevenueGrp/EOYAmt0272292
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt07101
IRS990/DepreciationDepletionGrp/TotalAmt07101
IRS990/Desc0PURSUE, ENHANCE, MAINTAIN, AND PROMOTE ECONOMIC DEVELOPMENT IN KATY, TEXAS. CONDUCT MONTHLY MEETINGS FOR MEMBERS TO DISCUSS BUSINESS ISSUES. PARTNER WITH KATY AREA CHAMBER OF COMMERCE AND CITY OF KATY AND AREA COUNTIES TO PROMOTE ECONOMIC DEVELOPMENT. ADVOCATE AND PROMOTE EXCELLENCE IN PUBLIC EDUCATION.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0193021
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07700
IRS990/FeesForServicesAccountingGrp/TotalAmt07700
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt028000
IRS990/FeesForServicesLegalGrp/TotalAmt028000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0500
IRS990/FeesForServicesOtherGrp/TotalAmt0500
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt48.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt68.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt78.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt88.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt198
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt208
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt211
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt221
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt238
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt241
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd1X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd2X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0LANCE LACOUR
IRS990/Form990PartVIISectionAGrp/PersonNm1ANDY MEYERS
IRS990/Form990PartVIISectionAGrp/PersonNm2ANN HODGE
IRS990/Form990PartVIISectionAGrp/PersonNm3AUDREY GILBREATH
IRS990/Form990PartVIISectionAGrp/PersonNm4BOB CHALKER
IRS990/Form990PartVIISectionAGrp/PersonNm5CHAD CRAFT
IRS990/Form990PartVIISectionAGrp/PersonNm6CRAIG RHODES
IRS990/Form990PartVIISectionAGrp/PersonNm7DAN BOGGIO
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVID WOODHAM
IRS990/Form990PartVIISectionAGrp/PersonNm9DON MASSEY
IRS990/Form990PartVIISectionAGrp/PersonNm10DOWNY VICKERY
IRS990/Form990PartVIISectionAGrp/PersonNm11DR LANCE HINDT
IRS990/Form990PartVIISectionAGrp/PersonNm12FABOL HUGHES
IRS990/Form990PartVIISectionAGrp/PersonNm13KERRY GILBERT
IRS990/Form990PartVIISectionAGrp/PersonNm14J PEYTON ELLIOTT
IRS990/Form990PartVIISectionAGrp/PersonNm15JIM PARISI
IRS990/Form990PartVIISectionAGrp/PersonNm16JIMMY MORAN
IRS990/Form990PartVIISectionAGrp/PersonNm17JOHN LEONARD
IRS990/Form990PartVIISectionAGrp/PersonNm18KATIE SHERBORNE
IRS990/Form990PartVIISectionAGrp/PersonNm19KATRINA KATSARELIS
IRS990/Form990PartVIISectionAGrp/PersonNm20KENT ROSENBERGER
IRS990/Form990PartVIISectionAGrp/PersonNm21MASAUD BAABA
IRS990/Form990PartVIISectionAGrp/PersonNm22MATT SCHAEFER
IRS990/Form990PartVIISectionAGrp/PersonNm23PAUL KURT
IRS990/Form990PartVIISectionAGrp/PersonNm24PETER HOUGHTON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0190325
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0President/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt18Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt20Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt21Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt22Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt23Board of Governors
IRS990/Form990PartVIISectionAGrp/TitleTxt24Board of Governors
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt033
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0904452
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt033
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02978
IRS990/InformationTechnologyGrp/ProgramServicesAmt010077
IRS990/InformationTechnologyGrp/TotalAmt013055
IRS990/InsuranceGrp/ManagementAndGeneralAmt05547
IRS990/InsuranceGrp/TotalAmt05547
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0120974
IRS990/LandBldgEquipBasisNetGrp/BOYAmt030259
IRS990/LandBldgEquipBasisNetGrp/EOYAmt026266
IRS990/LandBldgEquipCostOrOtherBssAmt0147240
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0755036
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO ESTABLISH THE KATY AREA AS THE PREMIER LOCATION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0121258
IRS990/NetAssetsOrFundBalancesEOYAmt0171715
IRS990/NoncashContributionsAmt0233520
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt094223
IRS990/OccupancyGrp/ProgramServicesAmt07281
IRS990/OccupancyGrp/TotalAmt0101504
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021506
IRS990/OfficeExpensesGrp/ProgramServicesAmt02665
IRS990/OfficeExpensesGrp/TotalAmt024171
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07713
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07713
IRS990/OtherExpensesGrp/Desc0BANK FEES
IRS990/OtherExpensesGrp/Desc1POSTAGE
IRS990/OtherExpensesGrp/Desc2PRINTING
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03443
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1811
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25660
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt311086
IRS990/OtherExpensesGrp/TotalAmt03443
IRS990/OtherExpensesGrp/TotalAmt1811
IRS990/OtherExpensesGrp/TotalAmt25660
IRS990/OtherExpensesGrp/TotalAmt311086
IRS990/OtherLiabilitiesGrp/EOYAmt011581
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0150252
IRS990/OtherSalariesAndWagesGrp/TotalAmt0150252
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020480
IRS990/PayrollTaxesGrp/TotalAmt020480
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt012335
IRS990/PensionPlanContributionsGrp/TotalAmt012335
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01626
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01055
IRS990/PrincipalOfficerNm0LANCE LACOUR
IRS990/PriorPeriodAdjustmentsAmt0-1
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0843955
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0198
IRS990/PYOtherExpensesAmt0421327
IRS990/PYOtherRevenueAmt0957
IRS990/PYRevenuesLessExpensesAmt021292
IRS990/PYSalariesCompEmpBnftPaidAmt0402491
IRS990/PYTotalExpensesAmt0823818
IRS990/PYTotalRevenueAmt0845110
IRS990/ReconcilationRevenueExpnssAmt050458
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt026035
IRS990/SavingsAndTempCashInvstGrp/EOYAmt026035
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt026266
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0120974
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0147240
IRS990ScheduleD/ExpensesSubtotalAmt0853994
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01242
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12176
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt28163
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MISCELLANEOUS PAYABLES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2RETIREMENT PLAN PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0904452
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026266
IRS990ScheduleD/TotalExpensesPerForm990Amt0853994
IRS990ScheduleD/TotalLiabilityAmt011581
IRS990ScheduleD/TotalRevenuePerForm990Amt0904452
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0904452
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0853994
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0188325
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt02000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LANCE LACOUR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0190325
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt04
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0SERVICES, SPONSORSHIPS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0PREVAILING MARKET RATES/FEES
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0223530
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE IS NO DIFFERENCE IN VOTING RIGHTS AMONGST THE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EVERY MEETING HELD BY THE GOVERNING BODY IS WELL DOCUMENTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EVERY MEETING HELD BY EACH COMMITTEE HAVING AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS IS DOCUMENTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT/CEO PRESENTS THE TAX RETURN, FORM 990, TO THE BOARD OF GOVERNORS FOR REVIEW, DISCUSSION, AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THIS ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY IS AVAILABLE FROM THE STATE OF TEXAS. THE AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NOT APPLICABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BAD DEBTS 18500. 18500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7EDUCATION/TRAINING 27299. 27299.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MEMBERSHIP DUES 32464. 32464.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9OUTSIDE SERVICES 58033. 58033.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10REGIONAL PLANNING EXPENSES 15000. 15000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11RESEARCH/PROSPECT DEVELOPMENT 9962. 9962.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt XII, Line 3b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TX
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$459,528
Liabilities
$287,813
Net assets
$171,715
Revenue
$904,452
Expenses
$853,994
Net income
$50,458
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.27$3.17$0.10$5.88$5.87$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.90$2.81$0.09$4.79$4.20$0.59
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$2.65$0.58$5.78$6.45$0.67
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.32$3.23$0.09$6.70$6.26$0.43
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$2.90$0.34$6.81$6.43$0.37
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.77$3.49$0.72$6.47$9.91$3.43
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.06$2.34$2.71$8.61$7.55$1.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.09$2.45$1.64$9.23$9.30$0.07
2016Detailed filing. Detailed filing data is available for this year.$4.60$2.88$1.72$9.04$8.54$0.50
2015Detailed filing. Detailed filing data is available for this year.$3.09$1.87$1.21$8.45$8.24$0.21
2014Detailed filing. Detailed filing data is available for this year.$2.98$1.98$1.00$8.18$7.84$0.34
2013Detailed filing. Detailed filing data is available for this year.$2.72$2.07$0.66$7.29$7.70$0.41
2012Summary only. Only limited summary data is available for this year.$2.87$1.80$1.07$7.03$7.28$0.25
2011Summary only. Only limited summary data is available for this year.$3.52$0.06$3.46$7.61$7.19$0.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.89$0.08$2.81$6.03