Civic Intelligence

Southeast Texas Economic Development Foundation Inc.

990 • Fiscal year 2021 • EIN 23-7176101

Oct 01, 2020 to Sep 30, 2021 • Filed on Dec 30, 2021

Organization ProfileWWW.SETEDF.ORG
2210 Eastex FrwyBeaumont, TX 77703

(409) 838-6585

Siviq Scores

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

Liabilities / Assets

70th percentile

0.03x

Higher debt load relative to assets than 70% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

52nd percentile

10%

Higher net margin than 52% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

62nd percentile

16%

Faster asset growth than 62% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

56th percentile

11%

Faster revenue growth than 56% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$170,769

Up $23,496 (+16%) from 2020

Net Assets

Up

$165,516

Up $29,883 (+22%) from 2020

Liabilities

Down

$5,253

Down $6,387 (-55%) from 2020

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin52nd percentile

Revenue

Up

$291,516

Up $28,718 (+11%) from 2020

Expenses

Down

$261,633

Down $22,453 (-7.9%) from 2020

Net Income

Up

$29,883

Up $51,171 (+240%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

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

$300K$200K$100K$0Assets 2017: $228,783Liabilities 2017: $22,028Net Assets 2017: $206,7552017Assets 2018: $207,026Liabilities 2018: $29,241Net Assets 2018: $177,7852018Assets 2019: $168,294Liabilities 2019: $11,500Net Assets 2019: $156,7942019Assets 2020: $147,273Liabilities 2020: $11,640Net Assets 2020: $135,6332020Assets 2021: $170,769Liabilities 2021: $5,253Net Assets 2021: $165,5162021Assets 2022: $203,887Liabilities 2022: $21,205Net Assets 2022: $182,6822022Assets 2023: $200,730Liabilities 2023: $12,097Net Assets 2023: $188,6332023Assets 2024: $219,529Liabilities 2024: $13,149Net Assets 2024: $206,3802024Assets 2025: $248,456Liabilities 2025: $6,502Net Assets 2025: $241,9542025

Highlighted filing

2021

Assets$170,769
Liabilities$5,253
Net Assets$165,516
Open 2021 Filing

Operations Trend

Revenue Growth56th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2017: $207,771Expenses 2017: $210,973Net Income 2017: -$3,2022017Revenue 2018: $210,847Expenses 2018: $240,344Net Income 2018: -$29,4972018Revenue 2019: $249,054Expenses 2019: $272,089Net Income 2019: -$23,0352019Revenue 2020: $262,798Expenses 2020: $284,086Net Income 2020: -$21,2882020Revenue 2021: $291,516Expenses 2021: $261,633Net Income 2021: $29,8832021Revenue 2022: $258,241Expenses 2022: $241,075Net Income 2022: $17,1662022Revenue 2023: $267,013Expenses 2023: $261,062Net Income 2023: $5,9512023Revenue 2024: $280,779Expenses 2024: $263,032Net Income 2024: $17,7472024Revenue 2025: $306,584Expenses 2025: $271,010Net Income 2025: $35,5742025

Highlighted filing

2021

Revenue$291,516
Expenses$261,633
Net Income$29,883
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Dec 30, 2021
Return Version
2020v4.0
Gross Receipts
$291,516
Mission and Program Overview

Mission

SEE ATTACHED STATEMENT

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$83,087$105,760▲ $22,673
Savings and Temporary Cash Investments$42,700$43,031▲ $331
Prepaid Expenses and Deferred Charges$14,301$12,875▼ $1,426
Accounts Receivable$7,154$9,103▲ $1,949
Land, Buildings, and Equipment, Net$31--
Total Assets$147,273$170,769▲ $23,496
Liabilities
Accounts Payable and Accrued Expenses$1,640$2,753▲ $1,113
Other Liabilities$10,000$2,500▼ $7,500
Total Liabilities$11,640$5,253▼ $6,387
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$72,539$84,923▲ $12,384
Net Assets With Donor Restrictions$63,094$80,593▲ $17,499
Total Net Assets Fund Balance$135,633$165,516▲ $29,883
Total Liabilities and Net Assets / Fund Balance$147,273$170,769▲ $23,496

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$41,495$41,495
Equipment-$4,850$4,850
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Wayne HollandChairman
Kay DecuirVice Chair
Ann ScogginDirector
Bob HamerDirector
Charlie FoxworthDirector
Dean RobinsonDirector
Gary FoxworthDirector
Gene ArnoldDirector
Jeff BranickDirector
Jessica HillDirector
John MorrellDirector
Karl SeguraDirector
Larry KellyDirector
Robert TurnerDirector
Steve GranthamDirector
Jim RichExec Directo
Dale ChampagneSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$21,250
Program Service Revenue
$266,247
Investment Income
$331
Other Revenue
$3,688
Change in Net Assets
$29,883

Audited Revenue Reconciliation

Revenue per Audited Statements
$291,516
Total Revenue per Audited Statements
$291,516
Total Revenue per Form 990
$291,516
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$171,721
Salaries, Compensation, and Employee Benefits$89,912
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$50,113$33,409-$83,522
Advertising$23,601--$23,601
All Other Expenses$16,243$3,716-$19,959
Travel$14,912--$14,912
Fees for Services Accounting-$13,903-$13,903
Other Expenses$6,767$6,400-$13,167
Occupancy-$6,671-$6,671
Payroll Taxes$3,834$2,556-$6,390
Insurance-$5,786-$5,786
Office Expenses-$2,563-$2,563
Depreciation Depletion$31--$31
Total Functional Expenses$176,577$85,056$0$261,633

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$261,633
Total Expenses per Audited Statements$261,633
Total Expenses per Form 990$261,633
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
Applicant Deposits$2,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Reviewed by executive director and secretary before filing. Also reviewed by audit committee when meeting with auditor at conclusion of audit”

Form 990, Page 6, Part VI, Line 12C

“If a member has a conflict of interest, then that member is not allowed to vote on the related policy.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Southeast Texas Economic
EIN
23-7176101
Phone
4098386585
Address
2210 EASTEX FRWY, BEAUMONT, TX 77703

Signing Officer

Name
Jim Rich
Title
Exec Director
Phone
4098386581
Signed
2021-12-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Rich
Formed
1998
Legal Domicile
TX
Voting Board Members
17
Independent Board Members
17
Employees
4
Volunteers
17

Preparer

Firm
Lawrence Blackburn Meek Maxey & Co
Address
2920 EASTEX FWY, BEAUMONT, TX 77703-4643
Preparer
Julia F Hayes
Phone
4098987610
Raw XML AppendixShowing 400 of 450 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/BOYAmt01640
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02753
IRS990/AccountsReceivableGrp/BOYAmt07154
IRS990/AccountsReceivableGrp/EOYAmt09103
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SEE ATTACHED STATEMENT
IRS990/AdvertisingGrp/ProgramServicesAmt023601
IRS990/AdvertisingGrp/TotalAmt023601
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03716
IRS990/AllOtherExpensesGrp/ProgramServicesAmt016243
IRS990/AllOtherExpensesGrp/TotalAmt019959
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0EDGAR KIKER & CROSS PC
IRS990/BooksInCareOfDetail/PhoneNum04098920233
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03440 EASTEX FRWY
IRS990/BooksInCareOfDetail/USAddress/CityNm0BEAUMONT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077703
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt083087
IRS990/CashNonInterestBearingGrp/EOYAmt0105760
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt021250
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0331
IRS990/CYOtherExpensesAmt0171721
IRS990/CYOtherRevenueAmt03688
IRS990/CYProgramServiceRevenueAmt0266247
IRS990/CYRevenuesLessExpensesAmt029883
IRS990/CYSalariesCompEmpBnftPaidAmt089912
IRS990/CYTotalExpensesAmt0261633
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0291516
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt031
IRS990/DepreciationDepletionGrp/TotalAmt031
IRS990/Desc0SBA 504 LOAN PROGRAM: ASSIST SMALL BUSINESSES IN PREPARING LOAN APPLICATIONS AND SERVICING EXISTING LOANS UNDER THE SECTION 504 LOAN PROGRAM OF THE SMALL BUSINESS ADMINISTRATION
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt063094
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt080593
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt075131
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013903
IRS990/FeesForServicesAccountingGrp/TotalAmt013903
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/PersonNm0GENE ARNOLD
IRS990/Form990PartVIISectionAGrp/PersonNm1JEFF BRANICK
IRS990/Form990PartVIISectionAGrp/PersonNm2DALE CHAMPAGNE
IRS990/Form990PartVIISectionAGrp/PersonNm3KAY DECUIR
IRS990/Form990PartVIISectionAGrp/PersonNm4CHARLIE FOXWORTH
IRS990/Form990PartVIISectionAGrp/PersonNm5GARY FOXWORTH
IRS990/Form990PartVIISectionAGrp/PersonNm6STEVE GRANTHAM
IRS990/Form990PartVIISectionAGrp/PersonNm7BOB HAMER
IRS990/Form990PartVIISectionAGrp/PersonNm8JESSICA HILL
IRS990/Form990PartVIISectionAGrp/PersonNm9WAYNE HOLLAND
IRS990/Form990PartVIISectionAGrp/PersonNm10LARRY KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm11JOHN MORRELL
IRS990/Form990PartVIISectionAGrp/PersonNm12JIM RICH
IRS990/Form990PartVIISectionAGrp/PersonNm13DEAN ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm14ANN SCOGGIN
IRS990/Form990PartVIISectionAGrp/PersonNm15KARL SEGURA
IRS990/Form990PartVIISectionAGrp/PersonNm16ROBERT TURNER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
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/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXEC DIRECTO
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GovernmentGrantsAmt021250
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0291516
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt017
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt05786
IRS990/InsuranceGrp/TotalAmt05786
IRS990/InvestmentIncomeGrp/ExclusionAmt0331
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0331
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt046345
IRS990/LandBldgEquipBasisNetGrp/BOYAmt031
IRS990/LandBldgEquipCostOrOtherBssAmt046345
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SEE ATTACHED STATEMENT
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0135633
IRS990/NetAssetsOrFundBalancesEOYAmt0165516
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt072539
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt084923
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt06671
IRS990/OccupancyGrp/TotalAmt06671
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02563
IRS990/OfficeExpensesGrp/TotalAmt02563
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0TECHNOLOGY
IRS990/OtherExpensesGrp/Desc1ADMIN FEE
IRS990/OtherExpensesGrp/Desc2REDI EVENTS
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09955
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt197
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt26400
IRS990/OtherExpensesGrp/ProgramServicesAmt016290
IRS990/OtherExpensesGrp/ProgramServicesAmt125000
IRS990/OtherExpensesGrp/ProgramServicesAmt219786
IRS990/OtherExpensesGrp/ProgramServicesAmt36767
IRS990/OtherExpensesGrp/TotalAmt026245
IRS990/OtherExpensesGrp/TotalAmt125097
IRS990/OtherExpensesGrp/TotalAmt219786
IRS990/OtherExpensesGrp/TotalAmt313167
IRS990/OtherLiabilitiesGrp/BOYAmt010000
IRS990/OtherLiabilitiesGrp/EOYAmt02500
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03688
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03688
IRS990/OtherRevenueTotalAmt03688
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt033409
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt050113
IRS990/OtherSalariesAndWagesGrp/TotalAmt083522
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02556
IRS990/PayrollTaxesGrp/ProgramServicesAmt03834
IRS990/PayrollTaxesGrp/TotalAmt06390
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014301
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012875
IRS990/PrincipalOfficerNm0JIM RICH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0LOAN SERVICING FEES
IRS990/ProgramServiceRevenueGrp/Desc1REGIONAL ECONOMIC DEVELOPMENT
IRS990/ProgramServiceRevenueGrp/Desc2LOAN CLOSING FEES
IRS990/ProgramServiceRevenueGrp/Desc3ADMIN FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0121388
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt193945
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt225914
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt325000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0121388
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt193945
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt225914
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt325000
IRS990/ProgSrvcAccomActy2Grp/Desc0PROMOTE REGIONAL ECONOMIC DEVELOPMENT WITHIN THE SOUTHEAST TEXAS REGION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0101446
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0118945
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0527
IRS990/PYOtherExpensesAmt0184516
IRS990/PYOtherRevenueAmt03163
IRS990/PYProgramServiceRevenueAmt0259108
IRS990/PYRevenuesLessExpensesAmt0-21288
IRS990/PYSalariesCompEmpBnftPaidAmt099570
IRS990/PYTotalExpensesAmt0284086
IRS990/PYTotalRevenueAmt0262798
IRS990/ReconcilationRevenueExpnssAmt029883
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0147302
IRS990/SavingsAndTempCashInvstGrp/BOYAmt042700
IRS990/SavingsAndTempCashInvstGrp/EOYAmt043031
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt021250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt021250
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0331
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0527
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0385
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0318
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0287
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01848
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0269935
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0256657
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0236453
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0198539
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0200472
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01162056
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt05614
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt012216
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt011990
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt07012
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt036832
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0331
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0527
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0385
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0318
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0287
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01848
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99850
IRS990ScheduleA/PublicSupportPY509Pct00.99840
IRS990ScheduleA/PublicSupportTotal509Amt01220138
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0291185
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0262271
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0248669
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0210529
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0207484
IRS990ScheduleA/Total509Grp/TotalAmt01220138
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0291516
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0262798
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0249054
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0210847
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0207771
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01221986
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04850
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04850
IRS990ScheduleD/ExpensesSubtotalAmt0261633
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt041495
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt041495
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0APPLICANT DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0291516
IRS990ScheduleD/TotalExpensesPerForm990Amt0261633
IRS990ScheduleD/TotalLiabilityAmt02500
IRS990ScheduleD/TotalRevenuePerForm990Amt0291516
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0291516
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0261633
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED BY EXECUTIVE DIRECTOR AND SECRETARY BEFORE FILING. ALSO REVIEWED BY AUDIT COMMITTEE WHEN MEETING WITH AUDITOR AT CONCLUSION OF AUDIT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IF A MEMBER HAS A CONFLICT OF INTEREST, THEN THAT MEMBER IS NOT ALLOWED TO VOTE ON THE RELATED POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0147273
IRS990/TotalAssetsEOYAmt0170769
IRS990/TotalAssetsGrp/BOYAmt0147273
IRS990/TotalAssetsGrp/EOYAmt0170769
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt021250
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt085056
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0176577
IRS990/TotalFunctionalExpensesGrp/TotalAmt0261633
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011640
IRS990/TotalLiabilitiesEOYAmt05253
IRS990/TotalLiabilitiesGrp/BOYAmt011640
IRS990/TotalLiabilitiesGrp/EOYAmt05253
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0135633
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0165516
IRS990/TotalProgramServiceExpensesAmt0176577
IRS990/TotalProgramServiceRevenueAmt0266247
IRS990/TotalRevenueGrp/ExclusionAmt0331

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$170,769
Liabilities
$5,253
Net assets
$165,516
Revenue
$291,516
Expenses
$261,633
Net income
$29,883
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.48$0.07$2.42$3.07$2.71$0.36
2024Detailed filing. Detailed filing data is available for this year.$2.20$0.13$2.06$2.81$2.63$0.18
2023Detailed filing. Detailed filing data is available for this year.$2.01$0.12$1.89$2.67$2.61$0.06
2022Detailed filing. Detailed filing data is available for this year.$2.04$0.21$1.83$2.58$2.41$0.17
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.05$1.66$2.92$2.62$0.30
2020Detailed filing. Detailed filing data is available for this year.$1.47$0.12$1.36$2.63$2.84$0.21
2019Detailed filing. Detailed filing data is available for this year.$1.68$0.12$1.57$2.49$2.72$0.23
2018Detailed filing. Detailed filing data is available for this year.$2.07$0.29$1.78$2.11$2.40$0.29
2017Detailed filing. Detailed filing data is available for this year.$2.29$0.22$2.07$2.08$2.11$0.03