Civic Intelligence

Greater Satx

EIN 74-1536482 • 501(c)6 • San Antonio, TX

Profile

The mission of greater:satx is to lead the developemnt and diversification of san antonio regional economy through the recruitment and expansion of qualify employers and job producing investments.

112 E Pecan St 2635San Antonio, TX 78205

www.greatersatx.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.73x

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

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.63x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

11th percentile

-12%

Higher net margin than 11% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

92nd percentile

34%

Faster asset growth than 92% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

69th percentile

12%

Faster revenue growth than 69% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$5,226,090

Up $1,336,244 (+34%) from 2023

Liabilities

Up

$3,789,850

Up $2,067,227 (+120%) from 2023

Net Assets

Down

$1,436,240

Down $730,983 (-34%) from 2023

Operations
Liabilities / Revenue78th percentileNet Margin11th percentile

Revenue

Up

$5,981,181

Up $648,936 (+12%) from 2023

Expenses

Up

$6,712,164

Up $232,605 (+3.6%) from 2023

Net Income

Up

-$730,983

Up $416,331 (+36%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth92nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $946,841Liabilities 2010: $395,833Net Assets 2010: $551,0082010Assets 2011: $1,176,551Liabilities 2011: $441,339Net Assets 2011: $735,2122011Assets 2012: $1,162,586Liabilities 2012: $397,828Net Assets 2012: $764,7582012Assets 2013: $1,065,677Liabilities 2013: $365,618Net Assets 2013: $700,0592013Assets 2014: $1,095,248Liabilities 2014: $459,779Net Assets 2014: $635,4692014Assets 2015: $1,001,853Liabilities 2015: $435,310Net Assets 2015: $566,5432015Assets 2016: $783,375Liabilities 2016: $738,048Net Assets 2016: $45,3272016Assets 2017: $1,433,481Liabilities 2017: $1,498,344Net Assets 2017: -$64,8632017Assets 2018: $1,061,978Liabilities 2018: $1,381,735Net Assets 2018: -$319,7572018Assets 2019: $1,237,892Liabilities 2019: $880,420Net Assets 2019: $357,4722019Assets 2020: $1,578,197Liabilities 2020: $778,773Net Assets 2020: $799,4242020Assets 2021: $4,503,315Liabilities 2021: $1,544,669Net Assets 2021: $2,958,6462021Assets 2022: $5,400,094Liabilities 2022: $2,085,557Net Assets 2022: $3,314,5372022Assets 2023: $3,889,846Liabilities 2023: $1,722,623Net Assets 2023: $2,167,2232023Assets 2024: $5,226,090Liabilities 2024: $3,789,850Net Assets 2024: $1,436,2402024

Highlighted filing

2024

Assets$5,226,090
Liabilities$3,789,850
Net Assets$1,436,240
Open 2024 Filing

Operations Trend

Revenue Growth69th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $1,582,5082010Expenses 2011: $2,183,1432011Expenses 2012: $2,548,9512012Revenue 2013: $2,741,776Expenses 2013: $2,806,475Net Income 2013: -$64,6992013Revenue 2014: $2,710,617Expenses 2014: $2,775,207Net Income 2014: -$64,5902014Revenue 2015: $2,803,200Expenses 2015: $2,872,126Net Income 2015: -$68,9262015Revenue 2016: $2,749,255Expenses 2016: $3,270,471Net Income 2016: -$521,2162016Revenue 2017: $2,776,971Expenses 2017: $2,887,161Net Income 2017: -$110,1902017Revenue 2018: $2,947,434Expenses 2018: $3,202,328Net Income 2018: -$254,8942018Revenue 2019: $3,360,322Expenses 2019: $3,266,498Net Income 2019: $93,8242019Revenue 2020: $3,373,125Expenses 2020: $2,931,173Net Income 2020: $441,9522020Revenue 2021: $6,901,379Expenses 2021: $4,742,157Net Income 2021: $2,159,2222021Revenue 2022: $5,988,124Expenses 2022: $5,632,233Net Income 2022: $355,8912022Revenue 2023: $5,332,245Expenses 2023: $6,479,559Net Income 2023: -$1,147,3142023Revenue 2024: $5,981,181Expenses 2024: $6,712,164Net Income 2024: -$730,9832024

Highlighted filing

2024

Revenue$5,981,181
Expenses$6,712,164
Net Income-$730,983
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$5,226,090
Liabilities
$3,789,850
Net assets
$1,436,240
Revenue
$5,981,181
Expenses
$6,712,164
Net income
-$730,983
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.23$3.79$1.44$5.98$6.71$0.73
2023Detailed filing. Detailed filing data is available for this year.$3.89$1.72$2.17$5.33$6.48$1.15
2022Detailed filing. Detailed filing data is available for this year.$5.40$2.09$3.31$5.99$5.63$0.36
2021Detailed filing. Detailed filing data is available for this year.$4.50$1.54$2.96$6.90$4.74$2.16
2020Detailed filing. Detailed filing data is available for this year.$1.58$0.78$0.80$3.37$2.93$0.44
2019Detailed filing. Detailed filing data is available for this year.$1.24$0.88$0.36$3.36$3.27$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.06$1.38$0.32$2.95$3.20$0.25
2017Detailed filing. Detailed filing data is available for this year.$1.43$1.50$0.06$2.78$2.89$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.78$0.74$0.05$2.75$3.27$0.52
2015Detailed filing. Detailed filing data is available for this year.$1.00$0.44$0.57$2.80$2.87$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.10$0.46$0.64$2.71$2.78$0.06
2013Detailed filing. Detailed filing data is available for this year.$1.07$0.37$0.70$2.74$2.81$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.40$0.76$2.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.44$0.74$2.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.40$0.55$1.58
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$5,981,181
Mission and Program Overview

Mission

The mission of the san antonio economic development foundation is to lead the development and diversification of san antonio regional economy through the recruitment and expansion of quality employers and job producing investments.

The mission of greater:satx is to lead the development and diversification of san antonio regional economy through the recruitment and expansion of quality employers and job producing investments.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,007,262$1,090,425▲ $83,163
Accounts Receivable$868,258$712,409▼ $155,849
Pledges and Grants Receivable$880,358$450,000▼ $430,358
Savings and Temporary Cash Investments$364,606$369,600▲ $4,994
Land, Buildings, and Equipment, Net$190,783$173,868▼ $16,915
Prepaid Expenses and Deferred Charges$68,251$20,313▼ $47,938
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,889,846$5,226,090▲ $1,336,244
Other Assets Total$510,328$2,409,475▲ $1,899,147
Liabilities
Other Liabilities$671,722$2,748,622▲ $2,076,900
Accounts Payable and Accrued Expenses$1,043,401$1,035,978▼ $7,423
Deferred Revenue$7,500$5,250▼ $2,250
Total Liabilities$1,722,623$3,789,850▲ $2,067,227
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,167,223$1,436,240▼ $730,983
Total Net Assets Fund Balance$2,167,223$1,436,240▼ $730,983
Total Liabilities and Net Assets / Fund Balance$3,889,846$5,226,090▲ $1,336,244

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$83,747$177,609$261,356
Equipment$67,499$73,171$140,670
Other Land Buildings$22,622$64,112$86,734
Other Assets Org$2,330,231--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jenna Saucedo-herreraPresident & CEOPT$350,000$101,917$451,917
Sarah RushChief Economic Development OffcrFT$250,000$55,778$305,778
Cecilia RedmondChief Brand & Communications OfcrFT$197,000$47,290$244,290
Carmen LaraChief Admin OfcFT$162,000$38,025$200,025
Ashley GossenSVPFT$160,000$35,093$195,093
Amber GilbertSVPFT$160,000$28,203$188,203
Sarah MoralesSVPFT$140,000$35,614$175,614
Carlos JarquinDirectorFT$117,500$12,000$129,500
Jamie BloodsworthVP, CommunicationsFT$115,550$5,640$121,190

Board Members and Trustees

NameTitle
Randy SmithChairman
Craig BoyanPast Chair
Bryant AmbelangVice Chair
Bob JohnsonExec. Committee
Carlos ContrerasExec. Committee
Chris AldereteExec. Committee
David E MarquezExec. Committee
Debbie MarinoExec. Committee
Dr Mike FloresExec. Committee
Dr Taylor EighmyExec. Committee
Erik WalshExec. Committee
Gary JoerisExec. Committee
Leo GomezExec. Committee
Michael Lynd JrExec. Committee
Mikeal ClaytonExec. Committee
Robert R PuenteExec. Committee
Rosa SantanaExec. Committee
Rudy GarzaExec. Committee
Trey DawsonExec. Committee
Hope AndradeSecretary
Ben PeavyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,008,939
Program Service Revenue
$1,938,180
Investment Income
$7,741
Other Revenue
$26,321
All Other Contributions
$256,830
Change in Net Assets
$-730,983

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,981,181
Revenue Not Reported on Form 990
$1,325
Total Revenue per Audited Statements
$5,982,506
Total Revenue per Form 990
$5,981,181
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,383,597
Salaries, Compensation, and Employee Benefits$3,328,567
Total Fundraising Expense$467,178
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,167,885$350,365$150,157$1,668,407
Current Officers, Directors, Trustees, and Key Employees$811,996$243,599$104,400$1,159,995
Advertising$1,041,465--$1,041,465
Travel$512,293-$56,921$569,214
Fees for Services Other$22,808$447,428$46,277$516,513
Occupancy$326,094$21,425$7,142$354,661
Other Employee Benefits$210,037$63,011$27,004$300,052
Information Technology-$238,270$40,108$278,378
Payroll Taxes$140,079$42,024$18,010$200,113
Depreciation Depletion$54,207$12,481$3,539$70,227
Conferences and Meetings$42,095-$4,677$46,772
Office Expenses$24,254$4,835$1,937$31,026
Insurance$26,691$201-$26,892
Fees for Services Lobbying-$18,200$1,800$20,000
Fees for Services Accounting-$13,258$5,206$18,464
Other Expenses$16,326$5,000-$5,000
Interest$3,705$28-$3,733
All Other Expenses$-96,452$-726-$-97,178
Total Functional Expenses$4,368,625$1,876,361$467,178$6,712,164

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,713,489
Expenses per Audited Statements$6,712,164
Total Expenses per Form 990$6,712,164
Expenses Not Reported on Form 990$1,325
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease-right to Use$2,667,921
Finance Lease-right to Use$80,701
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Greater:satx has general members consisting of investing partner, supporting partner, executive partner, ambassador partner, president's partner, and chairman's partner.”

Form 990, Part VI, Section B, Line 11B

“The president/ceo reviews and approves the form 990 prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The board must disclose any conflict of interest on an annual basis.”

Form 990, Part VI, Section B, Line 15A

“The executive and compensation committees determine compensation based upon studies used by the organization. The discussion and decision the committees arrive at are arrived at with the president/ceo to implement as appropriate. The last review was performed april of 2024.”

Form 990, Part VI, Section B, Line 15B

“The executive and compensation committees determine compensation based upon studies used by the organization. The discussion and decision the committees arrive at are arrived at with the president/ceo to implement as appropriate. The last review was performed april of 2024.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, financial statements, and the form 990 are available upon request.”

Filing and Contact Details

Filer

Filer Name
Greater Satx
EIN
74-1536482
Phone
2102261394
Address
112 E PECAN ST 2635, SAN ANTONIO, TX 78205

Signing Officer

Name
Sarah Carabias Rush
Title
President & CEO
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Carabias Rush
Formed
1965
Legal Domicile
TX
Voting Board Members
22
Independent Board Members
21
Employees
31

Preparer

Firm
Schriver Carmona & Company Pllc
Address
7550 IH-10 STE 504, SAN ANTONIO, TX 78229
Preparer
Derek Schriver CPA
Phone
2106800350
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The finance committee assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from prior year.”

Raw XML AppendixShowing 400 of 724 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.

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IRS990/Desc0GREATER:SATX IS A PRIVATE, NONPROFIT ORGANIZATION THAT ASSISTS BUSINESS AND INDUSTRY IN LOCATING AND EXPANDING INTO THE SAN ANTONIO REGION.GREATER:SATX IS SUPPORTED BY ITS PUBLIC PARTNERS AND MORE THAN 200 PRIVATE SECTOR INVESTORS. SINCE 2017, GREATER:SATX HAS ASSISTED 197+ COMPANIES TO EXPAND IN THE SAN ANTONIO REGION RESULTING IN NEARLY 36,000 NEW JOBS AND TOTAL CAPITAL INVESTMENT OF APPROXIMATELY $9 BILLION.AT GREATER:SATX, WE MARKET THE REGION TO ELEVATE THE VALUE AND PERCEPTION OF THE AREA AND PROVIDE BUSINESSES WITH INFORMATION TO ASSIST IN THE ANALYSIS OF ESTABLISHING OR RELOCATING A FACILITY IN SAN ANTONIO REGION. PROFESSIONAL ASSISTANCE WITH RELOCATION ANALYSIS IS HANDLED WITH CONFIDENTIALITY AND AT NO COST TO OUR CLIENTS.GREATER:SATX SERVICES INCLUDE: MARKET INTELLIGENCE, SPECIALIZED MARKET RESEARCH AND ANALYSIS; SITE SELECTION SERVICES AND REAL ESTATE DEVELOPMENT/COMMUNITY PARTNERS CONNECTIONS; LOCAL/STATE INCENTIVES APPLICABLE TO A BUSINESS; CONNECTIONS FOR WORKFORCE NEEDS WITH EDUCATION PARTNERS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHIEF ECONOMIC DEVELOPMENT OFFCR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHIEF BRAND & COMMUNICATIONS OFCR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHIEF ADMIN OFC
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IRS990/Form990PartVIISectionAGrp/TitleTxt8VP, COMMUNICATIONS
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IRS990/MissionDesc0THE MISSION OF GREATER:SATX IS TO LEAD THE DEVELOPEMNT AND DIVERSIFICATION OF SAN ANTONIO REGIONAL ECONOMY THROUGH THE RECRUITMENT AND EXPANSION OF QUALIFY EMPLOYERS AND JOB PRODUCING INVESTMENTS.
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