Liabilities / Assets
58th percentile
Higher debt load relative to assets than 58% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
58th percentile
Higher debt load relative to assets than 58% of similar nonprofits.
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
74th percentile
Higher net margin than 74% 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
94th percentile
Faster asset growth than 94% of similar nonprofits.
Revenue Growth
3rd percentile
Faster revenue growth than 3% of similar nonprofits.
Assets
Up$13,387,201
Up $3,822,476 (+40%) from 2023
Net Assets
Up$9,565,910
Up $206,717 (+2.2%) from 2023
Liabilities
Up$3,821,291
Up $3,615,759 (+1759%) from 2023
Revenue
Down$1,739,263
Down $813,287 (-32%) from 2023
Expenses
Down$1,479,458
Down $209,056 (-12%) from 2023
Net Income
Down$259,805
Down $604,231 (-70%) from 2023
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 | $2,880,292 | $7,662,154 | ▲ $4,781,862 |
| Savings and Temporary Cash Investments | $6,014,003 | $5,049,736 | ▼ $964,267 |
| Cash and Non-Interest-Bearing Accounts | $366,430 | $371,311 | ▲ $4,881 |
| Other Notes and Loans Receivable, Net | $304,000 | $304,000 | → $0 |
| Total Assets | $9,564,725 | $13,387,201 | ▲ $3,822,476 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | - | $3,750,000 | - |
| Deferred Revenue | $203,091 | - | - |
| Accounts Payable and Accrued Expenses | $2,441 | $71,291 | ▲ $68,850 |
| Total Liabilities | $205,532 | $3,821,291 | ▲ $3,615,759 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $9,359,193 | $9,565,910 | ▲ $206,717 |
| Total Net Assets Fund Balance | $9,359,193 | $9,565,910 | ▲ $206,717 |
| Total Liabilities and Net Assets / Fund Balance | $9,564,725 | $13,387,201 | ▲ $3,822,476 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,015,356 | $3,960,524 | $5,975,880 |
| Land | $5,731,463 | - | $5,731,463 |
| Other Land Buildings | $-84,665 | $117,047 | $32,382 |
| Name | Title |
|---|---|
| Tad Dorroh | President |
| Jose Guzman | Vice President |
| Amy Milsap | Chamber Rep |
| Scott Cosper | Chamber Rep |
| Todd Fox | Chamber Rep |
| Debbie Nash-king | City Rep |
| Jesssica Gonzalez | City Rep |
| Nina Cobb | City Rep |
| Kelly Brown | Kif Rep |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,304,883 |
| Grants and Similar Amounts Paid | $174,575 |
| 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 |
| Depreciation Depletion | $189,174 | - | - | $189,174 |
| Grants to Domestic Orgs | $174,575 | - | - | $174,575 |
| Insurance | $104,998 | - | - | $104,998 |
| Interest | $62,500 | - | - | $62,500 |
| Fees for Services Legal | $41,285 | - | - | $41,285 |
| Other Expenses | $9,256 | - | - | $9,256 |
| Occupancy | $5,813 | - | - | $5,813 |
| Total Functional Expenses | $1,479,458 | $0 | $0 | $1,479,458 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,479,458 |
| Total Expenses per Audited Statements | $1,479,458 |
| Total Expenses per Form 990 | $1,479,458 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Texas A&m University-central Texas Foundation | College Station, TX | 501(c)(3) | To Provide Matching Scholarship Funds Generated in the Community | $100,000 |
| Fort Hood Region Economic Development Foundaton | Killeen, TX | 501(c)(3) | To Be Used for the Construction of the National Mounted Warfare Musuem | $74,575 |
| 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.”
“Prior period adjustment -53,088.”
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 | 2441 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 71291 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROMOTE ECONOMIC DEVELOPMENT |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | LENNA BARR |
| 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 | 366430 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 371311 |
| 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 | 865000 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 174575 |
| IRS990/CYInvestmentIncomeAmt | 0 | 476823 |
| IRS990/CYOtherExpensesAmt | 0 | 1304883 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 397440 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 259805 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 1479458 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1739263 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 203091 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 189174 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 189174 |
| 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 | 1479458 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 41285 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 41285 |
| 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/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 | TAD DORROH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | NINA COBB |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JESSSICA GONZALEZ |
| 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 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CITY REP |
| 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 | CHAMBER REP |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | CHAMBER REP |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | KIF REP |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1990 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 172066 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GovernmentGrantsAmt | 0 | 865000 |
| IRS990/GrantAmt | 0 | 174575 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 174575 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 174575 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 172066 |
| IRS990/GrossReceiptsAmt | 0 | 1739263 |
| 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/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 104998 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 104998 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 62500 |
| IRS990/InterestGrp/TotalAmt | 0 | 62500 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 304757 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 304757 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 4077571 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2880292 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 7662154 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 11739725 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 0 |
| 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/EOYAmt | 0 | 3750000 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 9359193 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 9565910 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 172066 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 172066 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 9359193 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 9565910 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 5813 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 5813 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -53088 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROFESSIONAL FEES |
| IRS990/OtherExpensesGrp/Desc | 1 | REPAIRS & MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 2 | INCENTIVES |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 155967 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 74690 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 25000 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 9256 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 155967 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 74690 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 25000 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 9256 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 304000 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 304000 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | TAD DORROH |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 532000 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 397440 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 397440 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 725054 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 143000 |
| IRS990/PYInvestmentIncomeAmt | 0 | 1373051 |
| IRS990/PYOtherExpensesAmt | 0 | 1545514 |
| IRS990/PYOtherRevenueAmt | 0 | 94843 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 359602 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 864036 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 1688514 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 2552550 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 259805 |
| 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 | 6014003 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 5049736 |
| 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 | 2015356 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 3960524 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 5975880 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1479458 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 5731463 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 5731463 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | -84665 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 117047 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 32382 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1739263 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 7662154 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1479458 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1739263 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1739263 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1479458 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 100000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 74575 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501(C)(3) |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 1 | 501(C)(3) |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 0 | 0 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 1 | 0 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | TO PROVIDE MATCHING SCHOLARSHIP FUNDS GENERATED IN THE COMMUNITY |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 1 | TO BE USED FOR THE CONSTRUCTION OF THE NATIONAL MOUNTED WARFARE MUSUEM |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | TEXAS A&M UNIVERSITY-CENTRAL TEXAS FOUNDATION |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 1 | FORT HOOD REGION ECONOMIC DEVELOPMENT FOUNDATON |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 200 TECHNOLOGY WAY |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 1 | PO BOX 548 |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | COLLEGE STATION |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 1 | KILLEEN |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 1 | TX |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 77845 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 1 | 76541 |
| 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/ExplanationTxt | 5 | PRIOR PERIOD ADJUSTMENT -53,088. |
| 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 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART XI, LINE 9: |
| 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 | 9564725 |
| IRS990/TotalAssetsEOYAmt | 0 | 13387201 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 9564725 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 13387201 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 865000 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1479458 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1479458 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 205532 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 3821291 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 205532 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 3821291 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 9359193 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 9565910 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1479458 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 397440 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 397440 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 476823 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1739263 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 9564725 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 13387201 |
| 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 | JOHN CRUTCHFIELD III |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRMAN |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2545269551 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-08-15 |
| 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 | 2025-08-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RONALD E STEPP CPA |
| ReturnHeader/ReturnTs | 0 | 2025-08-15T14:06:28-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-09-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
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