Civic Intelligence

South Houston Economic Development Corp

990 • Fiscal year 2022 • EIN 50-0020007

Oct 01, 2021 to Sep 30, 2022 • Filed on Feb 13, 2023

Organization ProfileWWW.SOUTHHOUSTONTX.GOV
PO Box 234South Houston, TX 77587

(713) 947-7700

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.08x

Higher debt load relative to assets than 53% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

49th percentile

0.08x

Higher debt load relative to revenue than 49% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

39th percentile

1.8%

Higher net margin than 39% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

40th percentile

$4,540

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

68th percentile

11%

Faster asset growth than 68% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

60th percentile

14%

Faster revenue growth than 60% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$1,182,737

Up $117,264 (+11%) from 2021

Net Assets

Up

$1,089,763

Up $74,453 (+7.3%) from 2021

Liabilities

Up

$92,974

Up $42,811 (+85%) from 2021

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin39th percentile

Revenue

Up

$1,189,998

Up $146,128 (+14%) from 2021

Expenses

Up

$1,168,487

Up $307,375 (+36%) from 2021

Net Income

Down

$21,511

Down $161,247 (-88%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,872,684Liabilities 2010: $38Net Assets 2010: $1,872,6462010Assets 2011: $936,133Liabilities 2011: $60,107Net Assets 2011: $876,0262011Assets 2012: $592,268Liabilities 2012: $52,360Net Assets 2012: $539,9082012Assets 2013: $658,655Liabilities 2013: $176,316Net Assets 2013: $482,3392013Assets 2014: $661,181Liabilities 2014: $984Net Assets 2014: $660,1972014Assets 2015: $651,243Liabilities 2015: $8,543Net Assets 2015: $642,7002015Assets 2016: $473,212Liabilities 2016: $3,059Net Assets 2016: $470,1532016Assets 2017: $977,651Liabilities 2017: $49,593Net Assets 2017: $928,0582017Assets 2018: $1,191,712Liabilities 2018: $17,465Net Assets 2018: $1,174,2472018Assets 2019: $1,080,353Liabilities 2019: $20,248Net Assets 2019: $1,060,1052019Assets 2020: $855,321Liabilities 2020: $22,769Net Assets 2020: $832,5522020Assets 2021: $1,065,473Liabilities 2021: $50,163Net Assets 2021: $1,015,3102021Assets 2022: $1,182,737Liabilities 2022: $92,974Net Assets 2022: $1,089,7632022Assets 2023: $1,406,231Liabilities 2023: $101,629Net Assets 2023: $1,304,6022023Assets 2024: $1,575,371Liabilities 2024: $8,000Net Assets 2024: $1,567,3712024

Highlighted filing

2022

Assets$1,182,737
Liabilities$92,974
Net Assets$1,089,763
Open 2022 Filing

Operations Trend

Revenue Growth60th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2010: $657,326Expenses 2010: $489,495Net Income 2010: $167,8312010Revenue 2011: $668,077Expenses 2011: $1,664,697Net Income 2011: -$996,6202011Revenue 2012: $717,128Expenses 2012: $1,053,246Net Income 2012: -$336,1182012Revenue 2013: $537,559Expenses 2013: $628,350Net Income 2013: -$90,7912013Revenue 2014: $798,083Expenses 2014: $623,034Net Income 2014: $175,0492014Revenue 2015: $849,344Expenses 2015: $880,639Net Income 2015: -$31,2952015Revenue 2016: $917,269Expenses 2016: $1,097,498Net Income 2016: -$180,2292016Revenue 2017: $844,704Expenses 2017: $539,441Net Income 2017: $305,2632017Revenue 2018: $927,597Expenses 2018: $681,408Net Income 2018: $246,1892018Revenue 2019: $936,645Expenses 2019: $1,135,431Net Income 2019: -$198,7862019Revenue 2020: $990,442Expenses 2020: $1,217,995Net Income 2020: -$227,5532020Revenue 2021: $1,043,870Expenses 2021: $861,112Net Income 2021: $182,7582021Revenue 2022: $1,189,998Expenses 2022: $1,168,487Net Income 2022: $21,5112022Revenue 2023: $1,280,909Expenses 2023: $1,072,455Net Income 2023: $208,4542023Revenue 2024: $1,338,594Expenses 2024: $1,047,512Net Income 2024: $291,0822024

Highlighted filing

2022

Revenue$1,189,998
Expenses$1,168,487
Net Income$21,511
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Feb 13, 2023
Return Version
2021v4.0
Gross Receipts
$1,189,998
Mission and Program Overview

Mission

To assist and fund city service improvement projects and to enhance economic development in the city of south houston, texas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$651,073$714,460▲ $63,387
Land, Buildings, and Equipment, Net$236,260$232,227▼ $4,033
Other Notes and Loans Receivable, Net$160,045$224,285▲ $64,240
Cash and Non-Interest-Bearing Accounts$18,095$11,765▼ $6,330
Total Assets$1,065,473$1,182,737▲ $117,264
Liabilities
Accounts Payable and Accrued Expenses$50,163$92,974▲ $42,811
Total Liabilities$50,163$92,974▲ $42,811
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,015,310$1,089,763▲ $74,453
Total Net Assets Fund Balance$1,015,310$1,089,763▲ $74,453
Total Liabilities and Net Assets / Fund Balance$1,065,473$1,182,737▲ $117,264

Asset Categories

AssetBook ValueDepreciationBasis
Land$198,546-$198,546
Other Land Buildings$-276,802$276,802-
Compensation and Service Providers
Top Officer Pay40th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Diana GonzalezSec/treasurePT$4,540$4,540

Board Members and Trustees

NameTitle
Al ThielChairman
Jonell SotoVice Chairma
Alma AlanisBoard Member
Judy ParedezBoard Member
Frances GonzalezDirector
J MoralesCity Enginee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,188,446
Investment Income
$1,552
Other Revenue
$0
Change in Net Assets
$21,511
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$944,173
Salaries, Compensation, and Employee Benefits$224,314
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$224,022-$224,022
Depreciation Depletion-$12,573-$12,573
Fees for Services Legal-$12,357-$12,357
Fees for Services Other-$1,500-$1,500
Fees for Services Accounting-$1,325-$1,325
Other Expenses$868,804$568-$568
All Other Expenses-$400-$400
Payroll Taxes-$292-$292
Total Functional Expenses$868,804$299,683$0$1,168,487
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

“Line 11b a draft of the tax return was made available to all board members and officers line 19 available upon request.”

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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
South Houston Economic Development
EIN
50-0020007
Address
PO BOX 234, SOUTH HOUSTON, TX 77587

Signing Officer

Name
Diana Gonzalez
Title
Sec/treasurer
Phone
7139477700
Signed
2023-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Al Thiel
Formed
2005
Voting Board Members
8
Independent Board Members
7
Employees
1

Preparer

Firm
Baity & Assoc Tax and Financial Services
Address
6005 FAIRMONT PKWY STE J, PASADENA, TX 77505
Preparer
Debra Baity
Phone
7139461040
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Book / tax depreciation difference 12,573 prior year adj 40,369 total 52,942”

Raw XML Appendix307 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/BOYAmt050163
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt092974
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO ASSIST AND FUND CITY SERVICE IMPROVEMENT PROJECTS AND TO ENHANCE ECONOMIC DEVELOPMENT IN THE CITY OF SOUTH HOUSTON, TEXAS.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0400
IRS990/AllOtherExpensesGrp/TotalAmt0400
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0DIANA GONZALEZ
IRS990/BooksInCareOfDetail/PhoneNum07139477700
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0912 KANSAS
IRS990/BooksInCareOfDetail/USAddress/CityNm0SOUTH HOUSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077587
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt018095
IRS990/CashNonInterestBearingGrp/EOYAmt011765
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01552
IRS990/CYOtherExpensesAmt0944173
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01188446
IRS990/CYRevenuesLessExpensesAmt021511
IRS990/CYSalariesCompEmpBnftPaidAmt0224314
IRS990/CYTotalExpensesAmt01168487
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01189998
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt012573
IRS990/DepreciationDepletionGrp/TotalAmt012573
IRS990/Desc0TO ENHANCE ECONOMIC DEVELOPMENT AND IMPROVEMENTS IN THE CITY OF SOUTH HOUSTON, TX. VARIOUS PROJECTS ARE SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR VOTE AND APPROVAL. UPON APPROVAL, FUNDS ARE RELEASED TO ASSIST IN PAYING FOR THE PROJECT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0868804
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01325
IRS990/FeesForServicesAccountingGrp/TotalAmt01325
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt012357
IRS990/FeesForServicesLegalGrp/TotalAmt012357
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01500
IRS990/FeesForServicesOtherGrp/TotalAmt01500
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0DIANA GONZALEZ
IRS990/Form990PartVIISectionAGrp/PersonNm1FRANCES GONZALEZ
IRS990/Form990PartVIISectionAGrp/PersonNm2AL THIEL
IRS990/Form990PartVIISectionAGrp/PersonNm3J MORALES
IRS990/Form990PartVIISectionAGrp/PersonNm4ALMA ALANIS
IRS990/Form990PartVIISectionAGrp/PersonNm5JUDY PAREDEZ
IRS990/Form990PartVIISectionAGrp/PersonNm6JONELL SOTO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt04540
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0SEC/TREASURE
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3CITY ENGINEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIRMA
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01189998
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01552
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01552
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0276802
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0236260
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0232227
IRS990/LandBldgEquipCostOrOtherBssAmt0509029
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO ASSIST AND FUND CITY SERVICE IMPROVEMENT PROJECTS AND TO ENHANCE ECONOMIC DEVELOPMENT IN THE CITY OF SOUTH HOUSTON, TEXAS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01015310
IRS990/NetAssetsOrFundBalancesEOYAmt01089763
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01015310
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01089763
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt052942
IRS990/OtherExpensesGrp/Desc0PUBLIC IMPROVEMENTS
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2MATERIALS AND SUPPLIES
IRS990/OtherExpensesGrp/Desc3BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt041067
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15579
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2568
IRS990/OtherExpensesGrp/ProgramServicesAmt0868804
IRS990/OtherExpensesGrp/TotalAmt0868804
IRS990/OtherExpensesGrp/TotalAmt141067
IRS990/OtherExpensesGrp/TotalAmt25579
IRS990/OtherExpensesGrp/TotalAmt3568
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0224022
IRS990/OtherSalariesAndWagesGrp/TotalAmt0224022
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0160045
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0224285
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0292
IRS990/PayrollTaxesGrp/TotalAmt0292
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0AL THIEL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01188446
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01188446
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/ReconcilationRevenueExpnssAmt021511
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01188446
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0651073
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0714460
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01189998
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0198546
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0198546
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-276802
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0276802
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0-78256
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 11B A DRAFT OF THE TAX RETURN WAS MADE AVAILABLE TO ALL BOARD MEMBERS AND OFFICERS LINE 19 AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOOK / TAX DEPRECIATION DIFFERENCE 12,573 PRIOR YEAR ADJ 40,369 TOTAL 52,942
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01065473
IRS990/TotalAssetsEOYAmt01182737
IRS990/TotalAssetsGrp/BOYAmt01065473
IRS990/TotalAssetsGrp/EOYAmt01182737
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0299683
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0868804
IRS990/TotalFunctionalExpensesGrp/TotalAmt01168487
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt050163
IRS990/TotalLiabilitiesEOYAmt092974
IRS990/TotalLiabilitiesGrp/BOYAmt050163
IRS990/TotalLiabilitiesGrp/EOYAmt092974
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01015310
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01089763
IRS990/TotalProgramServiceExpensesAmt0868804
IRS990/TotalProgramServiceRevenueAmt01188446
IRS990/TotalReportableCompFromOrgAmt04540
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01189998
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01189998
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01065473
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01182737
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0510 AVE I
IRS990/USAddress/CityNm0SOUTH HOUSTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077587
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.SOUTHHOUSTONTX.GOV
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DIANA GONZALEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SEC/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07139477700
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTH HOUSTON ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORP
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0500020007
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 234
ReturnHeader/Filer/USAddress/CityNm0SOUTH HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077587
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0920193360
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAITY & ASSOC TAX AND FINANCIAL SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06005 FAIRMONT PKWY STE J
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PASADENA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077505
ReturnHeader/PreparerPersonGrp/PhoneNum07139461040
ReturnHeader/PreparerPersonGrp/PreparationDt02023-02-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEBRA BAITY
ReturnHeader/ReturnTs02023-02-15T15:14:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DIANA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GONZALEZ
ReturnHeader/TaxPeriodBeginDt02021-10-01
ReturnHeader/TaxPeriodEndDt02022-09-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,182,737
Liabilities
$92,974
Net assets
$1,089,763
Revenue
$1,189,998
Expenses
$1,168,487
Net income
$21,511
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.58$0.01$1.57$1.34$1.05$0.29
2023Detailed filing. Detailed filing data is available for this year.$1.41$0.10$1.30$1.28$1.07$0.21
2022Detailed filing. Detailed filing data is available for this year.$1.18$0.09$1.09$1.19$1.17$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.05$1.02$1.04$0.86$0.18
2020Detailed filing. Detailed filing data is available for this year.$0.86$0.02$0.83$0.99$1.22$0.23
2019Detailed filing. Detailed filing data is available for this year.$1.08$0.02$1.06$0.94$1.14$0.20
2018Detailed filing. Detailed filing data is available for this year.$1.19$0.02$1.17$0.93$0.68$0.25
2017Detailed filing. Detailed filing data is available for this year.$0.98$0.05$0.93$0.84$0.54$0.31
2016Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.92$1.10$0.18
2015Summary only. Only limited summary data is available for this year.$0.65$0.01$0.64$0.85$0.88$0.03
2014Summary only. Only limited summary data is available for this year.$0.66$0.00$0.66$0.80$0.62$0.18
2013Summary only. Only limited summary data is available for this year.$0.66$0.18$0.48$0.54$0.63$0.09
2012Summary only. Only limited summary data is available for this year.$0.59$0.05$0.54$0.72$1.05$0.34
2011Summary only. Only limited summary data is available for this year.$0.94$0.06$0.88$0.67$1.66$1.00
2010Summary only. Only limited summary data is available for this year.$1.87$0.00$1.87$0.66$0.49$0.17