Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
EIN 30-0644332 • 501(c)6 • Kerrville, TX
Profile
The purpose of kedc is to be a leader in economic development for kerrville, texas by facilitating meaningful activities that promote growth, retention, and prosperity. Particular attention and emphasis shall be given to support the economic, commercial, tourism, agriculture, recreational, quality of life, health care, cultural, industrial, research, and educational interests of the city that directly broadens the tax base.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Liabilities / Revenue
81st percentile
Higher debt load relative to revenue than 81% of similar nonprofits.
Net Margin
66th percentile
Higher net margin than 66% of similar nonprofits.
Top Officer Pay
63rd percentile
Higher top officer pay than 63% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
75th percentile
Faster asset growth than 75% of similar nonprofits.
Revenue Growth
46th percentile
Faster revenue growth than 46% of similar nonprofits.
Assets
Up$189,923
Up $189,923 from 2023
Liabilities
Up$172,683
Up $135,281 (+362%) from 2023
Net Assets
Up$17,240
Up $54,642 (+146%) from 2023
Revenue
Up$557,000
Up $53,940 (+11%) from 2023
Expenses
Down$502,357
Down $23,201 (-4.4%) from 2023
Net Income
Up$54,643
Up $77,141 (+343%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
The purpose of kedc is to be a leader in economic development for kerrville, texas by facilitating meaningful activities that promote growth, retention, and prosperity. Particular attention and emphasis shall be given to support the economic, commercial, tourism, agriculture, recreational, quality of life, health care, cultural, industrial, research, and educational interests of the city that directly broadens the tax base.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | - | $189,923 | - |
| Rtn Earn Endowment Incm Other Fnds | $-37,402 | $17,240 | ▲ $54,642 |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $0 | $189,923 | ▲ $189,923 |
| Liabilities | |||
| Deferred Revenue | - | $171,875 | - |
| Other Liabilities | $37,402 | $808 | ▼ $36,594 |
| Total Liabilities | $37,402 | $172,683 | ▲ $135,281 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $-37,402 | $17,240 | ▲ $54,642 |
| Total Liabilities and Net Assets / Fund Balance | $0 | $189,923 | ▲ $189,923 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $0 | $2,854 | $2,854 |
| Name | Title |
|---|---|
| Dalton Rice | President |
| Jonathan Letz | Vice President |
| Brett Ringo | Board Member |
| Charlie L Mcilvain | Board Member |
| Greg Appel | Board Member |
| Joe Herring | Board Member |
| Julie Davis | Board Member |
| Mindy Curran | Board Member |
| Rob Kelly | Board Member |
| Todd Bock | Board Member |
| Mike Wittler | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $303,220 |
| Other Expenses | $199,137 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $256,423 | - | - | $256,423 |
| Fees for Services Other | $65,606 | - | - | $65,606 |
| Conferences and Meetings | $46,325 | - | - | $46,325 |
| Advertising | $34,382 | - | - | $34,382 |
| Travel | $22,821 | - | - | $22,821 |
| Other Employee Benefits | $19,108 | - | - | $19,108 |
| Payroll Taxes | $19,026 | - | - | $19,026 |
| Occupancy | - | $9,595 | - | $9,595 |
| Pension Plan Contributions | $8,663 | - | - | $8,663 |
| Other Expenses | $8,158 | $6,733 | - | $8,158 |
| Information Technology | $1,764 | - | - | $1,764 |
| Insurance | - | $1,053 | - | $1,053 |
| Office Expenses | - | $1,020 | - | $1,020 |
| Fees for Services Accounting | - | $125 | - | $125 |
| Total Functional Expenses | $483,831 | $18,526 | $0 | $502,357 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Payroll Taxes | $808 |
“President of the organization reviews the 990, presents it to the board. A complete copy of the 990 return is kept on file for public inspection if requested.”
“Financial statements are available to board members at each monthly board meeting or upon request. Financial statements are made available to stakeholders upon request. A stakeholder is any organization or governing body that contributes financial or in kind resources to kedc. Our governing documents are available upon request. Kedc has not adopted a conflict of interest policy.”
“Consulting services: program service expenses 65,606. Management and general expenses 0. Fundraising expenses 0. Total expenses 65,606.”
“ROUNDING -1.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE PURPOSE OF KEDC IS TO BE A LEADER IN ECONOMIC DEVELOPMENT FOR KERRVILLE, TEXAS BY FACILITATING MEANINGFUL ACTIVITIES THAT PROMOTE GROWTH, RETENTION, AND PROSPERITY. PARTICULAR ATTENTION AND EMPHASIS SHALL BE GIVEN TO SUPPORT THE ECONOMIC, COMMERCIAL, TOURISM, AGRICULTURE, RECREATIONAL, QUALITY OF LIFE, HEALTH CARE, CULTURAL, INDUSTRIAL, RESEARCH, AND EDUCATIONAL INTERESTS OF THE CITY THAT DIRECTLY BROADENS THE TAX BASE. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 34382 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 34382 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8308961157 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1700 SIDNEY BAKER STE 100 100 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | KERRVILLE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 78028 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 189923 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 46325 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 46325 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 550000 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 199137 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 7000 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 54643 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 303220 |
| IRS990/CYTotalExpensesAmt | 0 | 502357 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 557000 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 171875 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | KERREDC'S BUSINESS RETENTION & EXPANSION (BRE) PROGRAM ENGAGED 37 BUSINESSES DURING FISCAL YEAR 2024, PROVIDING DIRECT TECHNICAL ASSISTANCE, WORKFORCE SOLUTIONS, AND CONNECTIONS TO STATE AND LOCAL RESOURCES. THIS PROGRAM HELPED RETAIN OVER 1,900 LOCAL JOBS, SUPPORTED EXPANSIONS, AND ADDRESSED CRITICAL ISSUES SUCH AS SUPPLY CHAIN, WORKFORCE SHORTAGES, AND FACILITY NEEDS. BRE ALSO INCLUDED QUARTERLY ROUNDTABLES AND CUSTOMIZED COMPANY VISITS TO ENSURE CONTINUED GROWTH AND STABILITY OF EXISTING EMPLOYERS. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 150000 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 125 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 125 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 65606 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 65606 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DALTON RICE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JONATHAN LETZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JULIE DAVIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MIKE WITTLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | BRETT RINGO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ROB KELLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JOE HERRING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | TODD BOCK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | GREG APPEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | MINDY CURRAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | CHARLIE L MCILVAIN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | BOARD MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2009 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GovernmentGrantsAmt | 0 | 550000 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 557000 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 11 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 1764 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 1764 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1053 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 1053 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 2854 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 2854 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE PURPOSE OF KEDC IS TO BE A LEADER IN ECONOMIC DEVELOPMENT FOR KERRVILLE, TEXAS BY FACILITATING MEANINGFUL ACTIVITIES THAT PROMOTE GROWTH, RETENTION, AND PROSPERITY. PARTICULAR ATTENTION AND EMPHASIS SHALL BE GIVEN TO SUPPORT THE ECONOMIC, COMMERCIAL, TOURISM, AGRICULTURE, RECREATIONAL, QUALITY OF LIFE, HEALTH CARE, CULTURAL, INDUSTRIAL, RESEARCH, AND EDUCATIONAL INTERESTS OF THE CITY THAT DIRECTLY BROADENS THE TAX BASE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -37402 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 17240 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 9595 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 9595 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 1020 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1020 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -1 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 19108 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 19108 |
| IRS990/OtherExpensesGrp/Desc | 0 | DUES & SUBSCRIPTONS |
| IRS990/OtherExpensesGrp/Desc | 1 | SERVICE AGREEMENT |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 6733 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1555 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 8158 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 8288 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 8158 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 37402 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 808 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 256423 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 256423 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 19026 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 19026 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 8663 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 8663 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | DALTON RICE |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 561499 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TEXAS VENTURE CRAWL |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 7000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 7000 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | KERREDC LED SEVERAL HIGH-PROFILE RECRUITMENT AND CAPITAL INVESTMENT INITIATIVES, INCLUDING PROJECT NEXUS ($10M POTENTIAL INVESTMENT), MEGAACRETE (ADVANCED MATERIALS MANUFACTURING WITH INTERNATIONAL INVESTOR INTEREST), AND PARTICIPATION IN TRADE MISSIONS (MONTERREY, SWEDEN, AND RURAL AIR MOBILITY COLLABORATIONS). RECRUITMENT ACTIVITIES CONNECTED EXECUTIVES WITH KERR COUNTY PROPERTIES, WORKFORCE DATA, AND INCENTIVE TOOLS, POSITIONING KERRVILLE FOR LONG-TERM GROWTH. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 140000 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | KERREDC ADVANCED LOCAL WORKFORCE AND QUALITY-OF-LIFE INFRASTRUCTURE TO STRENGTHEN THE BUSINESS ENVIRONMENT INCLUDING:CHILDCARE SUMMIT PLANNING AND CHILDCARE FACILTY EXPLORATION.HOSTING THE TEXAS VENTURE FEST.ONGOING COLLABORATIONS WITH LOCAL SCHOOLS, UNIVERSITIES, AND WORKFORCE BOARDS TO ALIGN TRAINING PROGRAMS TO ADDRESS WORKFORCE PARTICIPATION BARRIERS AND PROMOTE KERRVILLE AS A COMPETITIVE AND LIVABLE COMMUNITY. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 120000 |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 73831 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 500000 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 236241 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 3060 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -22498 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 289317 |
| IRS990/PYTotalExpensesAmt | 0 | 525558 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 503060 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 54643 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 7000 |
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| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 17240 |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 500000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 500000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 348812 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 365920 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 2264732 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 31731 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 2264732 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
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| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 500000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 500000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 348812 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 365920 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
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| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 2854 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 2854 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 808 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | PAYROLL TAXES |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 808 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PRESIDENT OF THE ORGANIZATION REVIEWS THE 990, PRESENTS IT TO THE BOARD. A COMPLETE COPY OF THE 990 RETURN IS KEPT ON FILE FOR PUBLIC INSPECTION IF REQUESTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FINANCIAL STATEMENTS ARE AVAILABLE TO BOARD MEMBERS AT EACH MONTHLY BOARD MEETING OR UPON REQUEST. FINANCIAL STATEMENTS ARE MADE AVAILABLE TO STAKEHOLDERS UPON REQUEST. A STAKEHOLDER IS ANY ORGANIZATION OR GOVERNING BODY THAT CONTRIBUTES FINANCIAL OR IN KIND RESOURCES TO KEDC. OUR GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. KEDC HAS NOT ADOPTED A CONFLICT OF INTEREST POLICY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 65,606. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,606. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ROUNDING -1. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART XI, LINE 9: |
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| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
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| IRS990/TaxExemptBondsInd | 0 | 0 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 189923 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
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| IRS990/TotalEmployeeCnt | 0 | 2 |
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| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 18526 |
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| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 502357 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 37402 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 172683 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 37402 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 172683 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -37402 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 17240 |
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| IRS990/TotalProgramServiceRevenueAmt | 0 | 7000 |
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| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 7000 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 557000 |
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| IRS990/TotalVolunteersCnt | 0 | 11 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 189923 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 22821 |
| IRS990/TravelGrp/TotalAmt | 0 | 22821 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1700 SIDNEY BAKER 100 |
| IRS990/USAddress/CityNm | 0 | KERRVILLE |
| IRS990/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/USAddress/ZIPCd | 0 | 78028 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 11 |
| IRS990/VotingMembersIndependentCnt | 0 | 11 |
| IRS990/WebsiteAddressTxt | 0 | WWW.KERR-EDC.COM |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DALTON RICE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8308961157 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-09-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | KERRVILLE ECONOMIC DEVELOPMENT CORP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KERR |
| ReturnHeader/Filer/EIN | 0 | 300644332 |
| ReturnHeader/Filer/PhoneNum | 0 | 8308961157 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1700 SIDNEY BAKER STE 100 100 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | KERRVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 78028 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 262909224 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SPIES KNEESE & BAILEY LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 720 EARL GARRETT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | KERRVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 78028 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8308951367 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ANGELA W BAILEY CPA |
| ReturnHeader/ReturnTs | 0 | 2025-09-11T14:22:18-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-11-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-10-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
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