Civic Intelligence

Killeen Economic Development

990 • Fiscal year 2012 • EIN 74-2594957

Oct 01, 2011 to Sep 30, 2012 • Filed on Apr 24, 2013

Organization ProfileN/A
One Santa Fe Plaza76541
Siviq Scores

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

Liabilities / Assets

15th percentile

0.08x

Higher debt load relative to assets than 15% of similar nonprofits.

2012 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

41st percentile

2.6%

Faster asset growth than 41% of similar nonprofits.

2012 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets15th percentile

Assets

Up

$10,587,449

Up $270,329 (+2.6%) from 2011

Net Assets

Up

$9,699,397

Up $228,790 (+2.4%) from 2011

Liabilities

Up

$888,052

Up $41,539 (+4.9%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$1,256,765

Down $332,373 (-21%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$15M$10M$5.0M$0Assets 2010: $10,448,265Liabilities 2010: $857,043Net Assets 2010: $9,591,2222010Assets 2011: $10,317,120Liabilities 2011: $846,513Net Assets 2011: $9,470,6072011Assets 2012: $10,587,449Liabilities 2012: $888,052Net Assets 2012: $9,699,3972012Assets 2013: $10,719,799Liabilities 2013: $931,629Net Assets 2013: $9,788,1702013Assets 2014: $10,986,749Liabilities 2014: $979,344Net Assets 2014: $10,007,4052014Assets 2015: $10,483,492Liabilities 2015: $1,025,303Net Assets 2015: $9,458,1892015Assets 2016: $10,742,404Liabilities 2016: $999,122Net Assets 2016: $9,743,2822016Assets 2017: $10,775,502Liabilities 2017: $1,048,564Net Assets 2017: $9,726,9382017Assets 2018: $10,728,638Liabilities 2018: $1,099,582Net Assets 2018: $9,629,0562018Assets 2019: $10,430,175Liabilities 2019: $1,290,619Net Assets 2019: $9,139,5562019Assets 2020: $10,270,015Liabilities 2020: $1,223,627Net Assets 2020: $9,046,3882020Assets 2021: $9,819,595Liabilities 2021: $1,301,765Net Assets 2021: $8,517,8302021Assets 2022: $9,505,741Liabilities 2022: $1,010,584Net Assets 2022: $8,495,1572022Assets 2023: $9,564,725Liabilities 2023: $205,532Net Assets 2023: $9,359,1932023Assets 2024: $13,387,201Liabilities 2024: $3,821,291Net Assets 2024: $9,565,9102024Assets 2025: $12,268,156Liabilities 2025: $2,694,301Net Assets 2025: $9,573,8552025

Highlighted filing

2012

Assets$10,587,449
Liabilities$888,052
Net Assets$9,699,397
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,079,4482010Expenses 2011: $1,589,1382011Expenses 2012: $1,256,7652012Expenses 2013: $1,352,2902013Revenue 2014: $1,507,864Expenses 2014: $1,288,629Net Income 2014: $219,2352014Revenue 2015: $1,220,887Expenses 2015: $1,770,103Net Income 2015: -$549,2162015Revenue 2016: $1,711,478Expenses 2016: $1,426,385Net Income 2016: $285,0932016Revenue 2017: $1,130,157Expenses 2017: $1,146,501Net Income 2017: -$16,3442017Revenue 2018: $1,226,636Expenses 2018: $1,171,116Net Income 2018: $55,5202018Revenue 2019: $1,118,558Expenses 2019: $1,608,058Net Income 2019: -$489,5002019Revenue 2020: $1,055,205Expenses 2020: $1,148,373Net Income 2020: -$93,1682020Revenue 2021: $2,118,011Expenses 2021: $2,646,569Net Income 2021: -$528,5582021Revenue 2022: $1,343,814Expenses 2022: $1,366,487Net Income 2022: -$22,6732022Revenue 2023: $2,552,550Expenses 2023: $1,688,514Net Income 2023: $864,0362023Revenue 2024: $1,739,263Expenses 2024: $1,479,458Net Income 2024: $259,8052024Revenue 2025: $1,539,026Expenses 2025: $1,531,081Net Income 2025: $7,9452025

Highlighted filing

2012

Revenue-
Expenses$1,256,765
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2011 to Sep 30, 2012
Signed
Apr 24, 2013
Return Version
2011v1.5
Gross Receipts
$1,485,554
Mission and Program Overview

Mission

To promote economic development in the community by expandng existing businesses and attracting new businesses.

Filing and Contact Details

Filer

EIN
74-2594957
Raw XML Appendix396 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/AccountantCompileOrReview00
IRS990/AccountsReceivable/BOY0217852
IRS990/AccountsReceivable/EOY0197493
IRS990/ActivitiesConductedPartnership00
IRS990/ActivityOrMissionDescription0TO PROMOTE ECONOMIC DEVELOPMENT
IRS990/AddressPrincipalOfficerUS/AddressLine10ONE SANTA FE PLAZA
IRS990/AddressPrincipalOfficerUS/City0KILLEEN
IRS990/AddressPrincipalOfficerUS/State0TX
IRS990/AddressPrincipalOfficerUS/ZIPCode076541
IRS990/Advertising/ProgramServices0299930
IRS990/Advertising/Total0299930
IRS990/AnnualDisclosureCoveredPersons01
IRS990/AuditCommittee01
IRS990/BenefitsPaidToMembersCY00
IRS990/BenefitsPaidToMembersPriorYear00
IRS990/BsnssRltnshpThruFamilyMember00
IRS990/BsnssRltnshpWithOrganization00
IRS990/CashNonInterestBearing/BOY0204662
IRS990/CashNonInterestBearing/EOY0174686
IRS990/ChangesToOrganizingDocs00
IRS990/CollectionsOfArt00
IRS990/CompensationFromOtherSources00
IRS990/CompensationProcessCEO00
IRS990/CompensationProcessOther00
IRS990/ComplianceWithBackupWitholding01
IRS990/ConflictOfInterestPolicy01
IRS990/ConservationEasements00
IRS990/ConsolidatedAuditFinancialStmt00
IRS990/ContributionsGrantsCurrentYear0912717
IRS990/ContributionsGrantsPriorYear0920200
IRS990/CreditCounseling00
IRS990/DecisionsSubjectToApproval01
IRS990/DeductibleContributionsOfArt00
IRS990/DeductibleNonCashContributions00
IRS990/DelegationOfManagementDuties00
IRS990/DepreciationDepletion/ProgramServices0132570
IRS990/DepreciationDepletion/Total0132570
IRS990/DescribedIn501C300
IRS990/Description0PROMOTED ECONOMIC DEVELOPMENT THROUGH THE PAYMENT OF PROFESSIONAL FEES FOR THE CONSTRUCTION PLANNING OF A SECOND RUNWAY AT THE KILLEEN-FORT HOOD REGIONAL AIRPORT AND FOR MAINTENANCE AND EXPANSION OF DEFENSE RELATED CIVILIAN AND MILITARY JOBS.
IRS990/DisregardedEntity00
IRS990/DistributionToDonor00
IRS990/DocumentRetentionPolicy01
IRS990/DonorAdvisedFunds00
IRS990/ElectionOfBoardMembers01
IRS990/EmploymentTaxReturnsFiled00
IRS990/Expense01256765
IRS990/FamilyOrBusinessRelationship00
IRS990/FederalGrantAuditRequired00
IRS990/FeesForServicesAccounting/ProgramServices06761
IRS990/FeesForServicesAccounting/Total06761
IRS990/FinancialStatementSeparate0X
IRS990/FollowSFAS1170X
IRS990/ForeignActivities00
IRS990/ForeignFinancialAccount00
IRS990/ForeignOffice00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek00.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek10.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek20.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek30.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek40.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek50.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek60.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek70.50
IRS990/Form990PartVIISectionA/AverageHoursPerWeek80.30
IRS990/Form990PartVIISectionA/AverageHoursPerWeek90.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek100.30
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector6X
IRS990/Form990PartVIISectionA/NamePerson0TERRY CLARK
IRS990/Form990PartVIISectionA/NamePerson1SCOTT COSPER
IRS990/Form990PartVIISectionA/NamePerson2CHARLES HOLLINGER
IRS990/Form990PartVIISectionA/NamePerson3KATHY GILMORE
IRS990/Form990PartVIISectionA/NamePerson4DAN CORBIN
IRS990/Form990PartVIISectionA/NamePerson5CARLYLE WALTON
IRS990/Form990PartVIISectionA/NamePerson6CURT GAINES
IRS990/Form990PartVIISectionA/NamePerson7KENNY WELLS
IRS990/Form990PartVIISectionA/NamePerson8TIMOTHY HANCOCK
IRS990/Form990PartVIISectionA/NamePerson9ELIZABETH BLACKSTONE
IRS990/Form990PartVIISectionA/NamePerson10PATTON KAUFMAN
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation70
IRS990/Form990PartVIISectionA/OtherCompensation80
IRS990/Form990PartVIISectionA/OtherCompensation90
IRS990/Form990PartVIISectionA/OtherCompensation100
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization00
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization40
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization50
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization60
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization70
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization80
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization90
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization100
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs60
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs80
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs90
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs100
IRS990/Form990PartVIISectionA/Title0MEMBER
IRS990/Form990PartVIISectionA/Title1MEMBER
IRS990/Form990PartVIISectionA/Title2MEMBER
IRS990/Form990PartVIISectionA/Title3MEMBER
IRS990/Form990PartVIISectionA/Title4MEMBER
IRS990/Form990PartVIISectionA/Title5MEMBER
IRS990/Form990PartVIISectionA/Title6MEMBER
IRS990/Form990PartVIISectionA/Title7PRESIDENT
IRS990/Form990PartVIISectionA/Title8VICE-PRESIDENT
IRS990/Form990PartVIISectionA/Title9MEMBER
IRS990/Form990PartVIISectionA/Title10TREASURER
IRS990/Form990ProvidedToGoverningBody01
IRS990/FormersListed00
IRS990/FSAudited01
IRS990/FundraisingActivities00
IRS990/Gaming00
IRS990/GovernmentGrants0912717
IRS990/Grants0580291
IRS990/GrantsAndSimilarAmntsCY0580291
IRS990/GrantsAndSimilarAmntsPriorYear0719505
IRS990/GrantsToDomesticOrgs/ProgramServices0580291
IRS990/GrantsToDomesticOrgs/Total0580291
IRS990/GrantsToIndividuals00
IRS990/GrantsToOrganizations01
IRS990/GrantToRelatedPerson00
IRS990/GrossReceipts01485554
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt01
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartVI0X
IRS990/Insurance/ProgramServices013735
IRS990/Insurance/Total013735
IRS990/Interest/ProgramServices041539
IRS990/Interest/Total041539
IRS990/InvestmentIncomeCurrentYear05025
IRS990/InvestmentIncomePriorYear018380
IRS990/InvestmentIncome/RelatedOrExemptFunctionIncome05025
IRS990/InvestmentIncome/TotalRevenueColumn05025
IRS990/InvestmentInJointVenture00
IRS990/LandBldgEquipmentAccumDeprec02008535
IRS990/LandBuildingsEquipmentBasis07281645
IRS990/LandBuildingsEquipmentBasisNet/BOY05405679
IRS990/LandBuildingsEquipmentBasisNet/EOY05273110
IRS990/LoanToOfficerOrDQP00
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders00
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0TO PROMOTE ECONOMIC DEVELOPMENT IN THE COMMUNITY BY EXPANDNG EXISTING BUSINESSES AND ATTRACTING NEW BUSINESSES.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/MortNotesPyblSecuredInvestProp/BOY0846513
IRS990/MortNotesPyblSecuredInvestProp/EOY0888052
IRS990/NameOfPrincipalOfficerPerson0JOHN CRUTCHFIELD III
IRS990/NbrIndependentVotingMembers011
IRS990/NbrVotingGoverningBodyMembers011
IRS990/NbrVotingMembersGoverningBody011
IRS990/NetAssetsOrFundBalancesBOY09470607
IRS990/NetAssetsOrFundBalancesEOY09699397
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NoListedPersonsCompensated0X
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith109600
IRS990/NumberIndependentVotingMembers011
IRS990/NumberIndividualsGT100K00
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees01
IRS990/NumberW2GIncluded00
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c0X
IRS990/OtherExpensePriorYear0869633
IRS990/OtherExpensesCurrentYear0676474
IRS990/OtherExpenses/Description0PROFESSIONAL FEES
IRS990/OtherExpenses/Description1REPAIRS & MAINTENANCE
IRS990/OtherExpenses/Description2MISCELLANEOUS
IRS990/OtherExpenses/ProgramServices0154709
IRS990/OtherExpenses/ProgramServices116782
IRS990/OtherExpenses/ProgramServices210448
IRS990/OtherExpenses/Total0154709
IRS990/OtherExpenses/Total116782
IRS990/OtherExpenses/Total210448
IRS990/OtherRevenueCurrentYear026109
IRS990/OtherRevenueMisc/BusinessCode0531390
IRS990/OtherRevenueMisc/BusinessCode1531390
IRS990/OtherRevenueMisc/Description0NOTE RECEIVABLE - SHIL
IRS990/OtherRevenueMisc/Description1MISCELLANEOUS INCOME
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome013330
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome112779
IRS990/OtherRevenueMisc/TotalRevenueColumn013330
IRS990/OtherRevenueMisc/TotalRevenueColumn112779
IRS990/OtherRevenuePriorYear012779
IRS990/PartialLiquidation00
IRS990/PoliticalActivities00
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0532000
IRS990/ProgramServiceRevenueCY0541703
IRS990/ProgramServiceRevenue/Description0RENTAL INCOME
IRS990/ProgramServiceRevenue/ExclusionAmount0541703
IRS990/ProgramServiceRevenuePriorYear0517164
IRS990/ProgramServiceRevenue/TotalRevenueColumn0541703
IRS990/ProhibitedTaxShelterTrans00
IRS990/ReconcilationOtherChanges00
IRS990/ReconcilationRevenueExpenses0228789
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity00
IRS990/RelatedOrgControlledEntity00
IRS990/ReportFin48Footnote00
IRS990/ReportInvestOthSecurities00
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities00
IRS990/ReportProgRelInvest00
IRS990/RevenuesLessExpensesCY0228789
IRS990/RevenuesLessExpensesPriorYear0-120615
IRS990/SalariesEtcCurrentYear00
IRS990/SalariesEtcPriorYear00
IRS990/SavingsAndTempCashInvestments/BOY04488927
IRS990/SavingsAndTempCashInvestments/EOY04942160
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleD/Buildings/BookValue02937440
IRS990ScheduleD/Buildings/Depreciation01977601
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis04915041
IRS990ScheduleD/ExcessOrDeficitForYear0228789
IRS990ScheduleD/ExcessOrDeficitPerFS0228789
IRS990ScheduleD/ExpensesNotRptdF99000
IRS990ScheduleD/ExpensesNotRptdOnFinStmt00
IRS990ScheduleD/ExpensesSubtotal01256764
IRS990ScheduleD/Land/BookValue02203392
IRS990ScheduleD/Land/OtherCostOrOtherBasis02203392
IRS990ScheduleD/OtherLandBuildings/BookValue0132278
IRS990ScheduleD/OtherLandBuildings/Depreciation030934
IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis0163212
IRS990ScheduleD/RevenueNotRptdF99000
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal01485554
IRS990ScheduleD/TotalExpenses01256765
IRS990ScheduleD/TotalExpensesPerForm99001256764
IRS990ScheduleD/TotalOfBookValueLandBuildings05273110
IRS990ScheduleD/TotalRevenue01485554
IRS990ScheduleD/TotalRevenuePerForm99001485554
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt01256764
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt01485554
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0Schedule I, Part I, Line 2: SCHEDULE 1, PART I, THE BOARD REVIEWS THE PERFORMANCE AGREEMENT WITH EACH ORGANIZATION.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0Procedure for Monitoring Grants in the U.S.:
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference0Part I, Line 2:
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine10200 TECHNOLOGY WAY
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine11215 WEST AVENUE D
IRS990ScheduleI/RecipientTable/AddressUS/City0COLLEGE STATION
IRS990ScheduleI/RecipientTable/AddressUS/City1KILLEEN
IRS990ScheduleI/RecipientTable/AddressUS/State0TX
IRS990ScheduleI/RecipientTable/AddressUS/State1TX
IRS990ScheduleI/RecipientTable/AddressUS/ZIPCode077845
IRS990ScheduleI/RecipientTable/AddressUS/ZIPCode176541
IRS990ScheduleI/RecipientTable/AmountOfNonCashAssistance0100000
IRS990ScheduleI/RecipientTable/AmountOfNonCashAssistance1480291
IRS990ScheduleI/RecipientTable/IRCSection0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSection1501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrant0TO PROVIDE MATCHING SCHOLARSHIP FUNDS GENERATED IN THE COMMUNITY
IRS990ScheduleI/RecipientTable/PurposeOfGrant1TO PROVIDE INCENTIVES FOR ORGANIZATIONS TO CREATE JOBS IN KILLEEN
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine10TEXAS A&M UNIVERSITY-CENTRAL TEXAS FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine11NATIONAL MOUNTED WARFARE FOUNDATION
IRS990ScheduleI/RecordsMaintained01
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0NINE 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/GeneralExplanation/Explanation1AS 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/GeneralExplanation/Explanation2FORM 990 IS REVIEWED BY GREATER KILLEEN CHAMBER OF COMMERCE'S BUSINESS MANAGER AND EXECUTIVE VP PRIOR TO FILING. FORM 990 IS PREPARED FROM THE BOARD APPROVED FINANCIAL STATEMENTS.
IRS990ScheduleO/GeneralExplanation/Explanation3INDIVIDUALS 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/GeneralExplanation/Explanation4GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Section B, line 11
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/GeneralExplanation/ReturnReference4Form 990, Part VI, Section C, line 19
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0TX
IRS990/StatesWhereCopyOfReturnIsFiled0TX
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/TemporarilyRestrictedNetAssets/BOY09470607
IRS990/TemporarilyRestrictedNetAssets/EOY09699397
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10ONE SANTA FE PLAZA
IRS990/TheBooksAreInCareOf/AddressUS/City0KILLEEN
IRS990/TheBooksAreInCareOf/AddressUS/State0TX
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode076541
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10JACK WADE
IRS990/TheBooksAreInCareOf/TelephoneNumber02545269551
IRS990/TotalAssets/BOY010317120
IRS990/TotalAssetsBOY010317120
IRS990/TotalAssets/EOY010587449
IRS990/TotalAssetsEOY010587449
IRS990/TotalCompGT150K00
IRS990/TotalContributions0912717
IRS990/TotalExpensesCurrentYear01256765
IRS990/TotalExpensesPriorYear01589138
IRS990/TotalFunctionalExpenses/Fundraising00
IRS990/TotalFunctionalExpenses/ManagementAndGeneral00
IRS990/TotalFunctionalExpenses/ProgramServices01256765
IRS990/TotalFunctionalExpenses/Total01256765
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY0846513
IRS990/TotalLiabilitiesBOY0846513
IRS990/TotalLiabilities/EOY0888052
IRS990/TotalLiabilitiesEOY0888052
IRS990/TotalLiabNetAssetsFundBalances/BOY010317120
IRS990/TotalLiabNetAssetsFundBalances/EOY010587449
IRS990/TotalNbrEmployees01
IRS990/TotalNbrVolunteers00
IRS990/TotalNetAssetsFundBalances/BOY09470607
IRS990/TotalNetAssetsFundBalances/EOY09699397
IRS990/TotalOtherCompensation00
IRS990/TotalOtherRevenue026109
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceExpense01256765
IRS990/TotalProgramServiceRevenue0541703
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg00
IRS990/TotalRevenueCurrentYear01485554
IRS990/TotalRevenue/ExclusionAmount0541703
IRS990/TotalRevenuePriorYear01468523
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome031134
IRS990/TotalRevenue/TotalRevenueColumn01485554
IRS990/TotalRevenue/UnrelatedBusinessRevenue00
IRS990/TransactionRelatedEntity00
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome00
IRS990/UponRequest0X
IRS990/WebSite0N/A
IRS990/WhistleblowerPolicy01
IRS990/YearFormation01990
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0742594957
ReturnHeader/Filer/Name/BusinessNameLine10KILLEEN ECONOMIC DEVELOPMENT
ReturnHeader/Filer/NameControl0KILL
ReturnHeader/Filer/Phone02545269551
ReturnHeader/Filer/USAddress/AddressLine10ONE SANTA FE PLAZA
ReturnHeader/Filer/USAddress/City0KILLEEN
ReturnHeader/Filer/USAddress/State0TX
ReturnHeader/Filer/USAddress/ZIPCode076541
ReturnHeader/Officer/DateSigned02013-04-24
ReturnHeader/Officer/Name0JOHN CRUTCHFIELD III
ReturnHeader/Officer/Phone02545269551
ReturnHeader/Officer/Title0SECRETARY
ReturnHeader/PreparerFirm/EIN0742484378
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10LOTT VERNON & CO PC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10109 E AVE B P O BOX 935
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0KILLEEN
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0TX
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode076540
ReturnHeader/Preparer/Name0RONALD E STEPP CPA
ReturnHeader/Preparer/Phone02545260571
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02011-10-01
ReturnHeader/TaxPeriodEndDate02012-09-30
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02013-05-09T08:23:52-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$10,587,449
Liabilities
$888,052
Net assets
$9,699,397
Revenue
-
Expenses
$1,256,765
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$12.3$2.69$9.57$1.54$1.53$0.01
2024Detailed filing. Detailed filing data is available for this year.$13.4$3.82$9.57$1.74$1.48$0.26
2023Detailed filing. Detailed filing data is available for this year.$9.56$0.21$9.36$2.55$1.69$0.86
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.51$1.01$8.50$1.34$1.37$0.02
2021Detailed filing. Detailed filing data is available for this year.$9.82$1.30$8.52$2.12$2.65$0.53
2020Detailed filing. Detailed filing data is available for this year.$10.3$1.22$9.05$1.06$1.15$0.09
2019Detailed filing. Detailed filing data is available for this year.$10.4$1.29$9.14$1.12$1.61$0.49
2018Detailed filing. Detailed filing data is available for this year.$10.7$1.10$9.63$1.23$1.17$0.06
2017Detailed filing. Detailed filing data is available for this year.$10.8$1.05$9.73$1.13$1.15$0.02
2016Detailed filing. Detailed filing data is available for this year.$10.7$1.00$9.74$1.71$1.43$0.29
2015Detailed filing. Detailed filing data is available for this year.$10.5$1.03$9.46$1.22$1.77$0.55
2014Detailed filing. Detailed filing data is available for this year.$11.0$0.98$10.0$1.51$1.29$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$0.93$9.79$1.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$0.89$9.70$1.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$0.85$9.47$1.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$0.86$9.59$2.08