Liabilities / Assets
49th percentile
Higher debt load relative to assets than 49% of similar nonprofits.
EIN 74-2594957 • 501(c)6 • Killeen, TX
Profile
To promote economic development in the community by expandng existing businesses and attracting new businesses.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
49th percentile
Higher debt load relative to assets than 49% of similar nonprofits.
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
36th percentile
Higher net margin than 36% of similar nonprofits.
Top Officer Pay
8th percentile
Higher top officer pay than 8% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
9th percentile
Faster asset growth than 9% of similar nonprofits.
Revenue Growth
9th percentile
Faster revenue growth than 9% of similar nonprofits.
Assets
Down$12,268,156
Down $1,119,045 (-8.4%) from 2024
Liabilities
Down$2,694,301
Down $1,126,990 (-29%) from 2024
Net Assets
Up$9,573,855
Up $7,945 (+0.1%) from 2024
Revenue
Down$1,539,026
Down $200,237 (-12%) from 2024
Expenses
Up$1,531,081
Up $51,623 (+3.5%) from 2024
Net Income
Down$7,945
Down $251,860 (-97%) from 2024
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
To promote economic development in the community by expandng existing businesses and attracting new businesses.
To promote economic development
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $7,662,154 | $7,519,570 | ▼ $142,584 |
| Savings and Temporary Cash Investments | $5,049,736 | $3,933,970 | ▼ $1,115,766 |
| Cash and Non-Interest-Bearing Accounts | $371,311 | $466,410 | ▲ $95,099 |
| Other Notes and Loans Receivable, Net | $304,000 | $304,000 | → $0 |
| Accounts Receivable | - | $44,206 | - |
| Total Assets | $13,387,201 | $12,268,156 | ▼ $1,119,045 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $3,750,000 | $2,618,080 | ▼ $1,131,920 |
| Accounts Payable and Accrued Expenses | $71,291 | $76,221 | ▲ $4,930 |
| Total Liabilities | $3,821,291 | $2,694,301 | ▼ $1,126,990 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $9,565,910 | $9,573,855 | ▲ $7,945 |
| Total Net Assets Fund Balance | $9,565,910 | $9,573,855 | ▲ $7,945 |
| Total Liabilities and Net Assets / Fund Balance | $13,387,201 | $12,268,156 | ▼ $1,119,045 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,788,102 | $4,212,675 | $6,000,777 |
| Land | $5,731,463 | - | $5,731,463 |
| Other Land Buildings | $5 | $31,377 | $31,382 |
| Name | Title |
|---|---|
| Kelly Brown | President |
| Jose Guzman | Vice President |
| Amy Milsap | Chamber Rep |
| Scott Cosper | Chamber Rep |
| Anthony Kendrick | City Rep |
| Debbie Nash-king | City Rep |
| Curt Gaines | Kif Rep |
| Nina Cobb | Secretary |
| Todd Fox | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,531,081 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | $636,200 | - | - | $636,200 |
| Interest | $176,344 | - | - | $176,344 |
| Depreciation Depletion | $166,481 | - | - | $166,481 |
| Insurance | $117,862 | - | - | $117,862 |
| Occupancy | $97,899 | - | - | $97,899 |
| Fees for Services Legal | $11,055 | - | - | $11,055 |
| Other Expenses | $10,000 | - | - | $10,000 |
| Total Functional Expenses | $1,531,081 | $0 | $0 | $1,531,081 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,531,081 |
| Total Expenses per Audited Statements | $1,531,081 |
| Total Expenses per Form 990 | $1,531,081 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Nine members are appointed by the city council of city of killeen. There are nine members that are nominated and representing the following organizations: 3 from city of killeen mayor and city council, three from the greater killeen chamber of commerce, and three from the killeen industrial foundation.”
“As provided in the agreement between kedc and the city of killeen, kedc has the authority to commit and spend funds received from the city without city council approval for activities specifically identified in the agreement. However, any acts or activities not identified, but in accordance with kedc bylaws, must be approved by the city council prior to any commitment or expenditure.”
“Form 990 is reviewed by the greater killeen chamber of commerce's vp of finance & administration prior to filing. Form 990 is prepared from the board approved financial statements.”
“Individuals are required to disclose any potential conflict of interests. These potential conflict of interest relationships are reviewed by the board and addressed on an individual basis.”
“Governing documents and financial statements are available upon request.”
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/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 71291 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 76221 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 44206 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROMOTE ECONOMIC DEVELOPMENT |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | TODD FOX |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2545269551 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | ONE SANTA FE PLAZA |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | KILLEEN |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 76541 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 371311 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 466410 |
| 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/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 885000 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 203986 |
| IRS990/CYOtherExpensesAmt | 0 | 1531081 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 450040 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 7945 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 1531081 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1539026 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 166481 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 166481 |
| IRS990/Desc | 0 | TO PROVIDE MATCHING SCHOLARSHIP FUNDS GENERATED IN THE COMMUNITY AND TO BE USED FOR ECONOMIC DEVELOPMENT INCENTIVES FOR PROSPECTIVE BUSINESSES |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1531081 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 11055 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 11055 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 636200 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 636200 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.00 |
| 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/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | 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/PersonNm | 0 | CURT GAINES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | NINA COBB |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | ANTHONY KENDRICK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DEBBIE NASH-KING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JOSE GUZMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | SCOTT COSPER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | TODD FOX |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | AMY MILSAP |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | KELLY BROWN |
| 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/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/TitleTxt | 0 | KIF REP |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CITY REP |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | CITY REP |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | CHAMBER REP |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | CHAMBER REP |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1990 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GovernmentGrantsAmt | 0 | 885000 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1539026 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 117862 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 117862 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 176344 |
| IRS990/InterestGrp/TotalAmt | 0 | 176344 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 203986 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 203986 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 4244052 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 7662154 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 7519570 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 11763622 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROMOTE ECONOMIC DEVELOPMENT IN THE COMMUNITY BY EXPANDNG EXISTING BUSINESSES AND ATTRACTING NEW BUSINESSES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 3750000 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 2618080 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 9565910 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 9573855 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 9565910 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 9573855 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 97899 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 97899 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | REPAIRS & MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 1 | PROFESSIONAL FEES |
| IRS990/OtherExpensesGrp/Desc | 2 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 160949 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 154291 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 10000 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 160949 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 154291 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 10000 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 304000 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 304000 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | KELLY BROWN |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 532000 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 450040 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 450040 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 865000 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 174575 |
| IRS990/PYInvestmentIncomeAmt | 0 | 476823 |
| IRS990/PYOtherExpensesAmt | 0 | 1304883 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 397440 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 259805 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 1479458 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1739263 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 7945 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 5049736 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 3933970 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| 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 |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1788102 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 4212675 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 6000777 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1531081 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 5731463 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 5731463 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 5 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 31377 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 31382 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1539026 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 7519570 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1531081 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1539026 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1539026 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1531081 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | NINE MEMBERS ARE APPOINTED BY THE CITY COUNCIL OF CITY OF KILLEEN. THERE ARE NINE MEMBERS THAT ARE NOMINATED AND REPRESENTING THE FOLLOWING ORGANIZATIONS: 3 FROM CITY OF KILLEEN MAYOR AND CITY COUNCIL, THREE FROM THE GREATER KILLEEN CHAMBER OF COMMERCE, AND THREE FROM THE KILLEEN INDUSTRIAL FOUNDATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AS PROVIDED IN THE AGREEMENT BETWEEN KEDC AND THE CITY OF KILLEEN, KEDC HAS THE AUTHORITY TO COMMIT AND SPEND FUNDS RECEIVED FROM THE CITY WITHOUT CITY COUNCIL APPROVAL FOR ACTIVITIES SPECIFICALLY IDENTIFIED IN THE AGREEMENT. HOWEVER, ANY ACTS OR ACTIVITIES NOT IDENTIFIED, BUT IN ACCORDANCE WITH KEDC BYLAWS, MUST BE APPROVED BY THE CITY COUNCIL PRIOR TO ANY COMMITMENT OR EXPENDITURE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FORM 990 IS REVIEWED BY THE GREATER KILLEEN CHAMBER OF COMMERCE'S VP OF FINANCE & ADMINISTRATION PRIOR TO FILING. FORM 990 IS PREPARED FROM THE BOARD APPROVED FINANCIAL STATEMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | INDIVIDUALS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTERESTS. THESE POTENTIAL CONFLICT OF INTEREST RELATIONSHIPS ARE REVIEWED BY THE BOARD AND ADDRESSED ON AN INDIVIDUAL BASIS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | TX |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 13387201 |
| IRS990/TotalAssetsEOYAmt | 0 | 12268156 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 13387201 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 12268156 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 885000 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1531081 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1531081 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 3821291 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 2694301 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 3821291 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 2694301 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 9565910 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 9573855 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1531081 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 450040 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 450040 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 203986 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1539026 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 13387201 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 12268156 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | ONE SANTA FE PLAZA |
| IRS990/USAddress/CityNm | 0 | KILLEEN |
| IRS990/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/USAddress/ZIPCd | 0 | 76541 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KELLY BROWN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2545269551 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-02-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | KILLEEN ECONOMIC DEVELOPMENT |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KILL |
| ReturnHeader/Filer/EIN | 0 | 742594957 |
| ReturnHeader/Filer/PhoneNum | 0 | 2545269551 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | ONE SANTA FE PLAZA |
| ReturnHeader/Filer/USAddress/CityNm | 0 | KILLEEN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 76541 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 742484378 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | LOTT VERNON & CO PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 109 E AVE B P O BOX 935 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | KILLEEN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 76541 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2545260571 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-02-17 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RONALD E STEPP CPA |
| ReturnHeader/ReturnTs | 0 | 2026-02-17T16:32:15-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-09-30 |
| ReturnHeader/TaxYr | 0 | 2024 |
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