Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
990 • Fiscal year 2018 • EIN 74-2609452
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
76th percentile
Higher net margin than 76% of similar nonprofits.
Top Officer Pay
31st percentile
Higher top officer pay than 31% of similar nonprofits.
Top officer pay equals 1.9% of source-year revenue.
Asset Growth
68th percentile
Faster asset growth than 68% of similar nonprofits.
Revenue Growth
53rd percentile
Faster revenue growth than 53% of similar nonprofits.
Assets
Up$29,710,863
Up $2,103,190 (+7.6%) from 2017
Net Assets
Up$11,199,963
Up $2,806,577 (+33%) from 2017
Liabilities
Down$18,510,900
Down $703,387 (-3.7%) from 2017
Revenue
Up$6,568,294
Up $260,354 (+4.1%) from 2017
Expenses
Down$3,778,761
Down $2,003,188 (-35%) from 2017
Net Income
Up$2,789,533
Up $2,263,542 (+430%) from 2017
To promote economic development of Edinburg, Texas
Promote economic development of edinburg, texas
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Accounts Receivable | $14,369,072 | $14,656,562 | ▲ $287,490 |
| Land, Buildings, and Equipment, Net | $8,911,426 | $8,816,767 | ▼ $94,659 |
| Cash and Non-Interest-Bearing Accounts | $3,405,675 | $6,142,678 | ▲ $2,737,003 |
| Savings and Temporary Cash Investments | $859,707 | - | - |
| Total Assets | $27,607,673 | $29,710,863 | ▲ $2,103,190 |
| Other Assets Total | $61,793 | $94,856 | ▲ $33,063 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $18,626,459 | $17,810,000 | ▼ $816,459 |
| Other Liabilities | $578,051 | $603,936 | ▲ $25,885 |
| Accounts Payable and Accrued Expenses | $9,777 | $96,964 | ▲ $87,187 |
| Total Liabilities | $19,214,287 | $18,510,900 | ▼ $703,387 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $8,357,033 | $11,163,610 | ▲ $2,806,577 |
| Temporarily Rstr Net Assets | $36,353 | $36,353 | → $0 |
| Total Net Assets Fund Balance | $8,393,386 | $11,199,963 | ▲ $2,806,577 |
| Total Liabilities and Net Assets / Fund Balance | $27,607,673 | $29,710,863 | ▲ $2,103,190 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $6,294,036 | - | $6,294,036 |
| Buildings | $2,517,743 | $992,600 | $3,510,343 |
| Equipment | $4,988 | $171,446 | $176,434 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Plinio Trevino | Executive Director | FT | $125,000 | $125,000 |
| Nelda Ramirez | Finance Director | FT | $89,164 | $89,164 |
| Name | Title |
|---|---|
| Gilbert Enriquez | Board President |
| Mike Farias | Vice-president |
| David Torres | Director |
| Richard Molina | Director |
| Jorge Luis Salinas | Secretary-treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| City Of Edinburg | Development | 415 W UNIVERSITY DR, Edinburg, TX 78539 | $434,176 |
| First Hartford Realty | Development | 437 E TRENTON RD, Edinburg, TX 78539 | $250,000 |
| Law Office Of Aaron Vela | Legal | 200 E CANO ST, Edinburg, TX 78539 | $121,624 |
| Pablo Villarreal Jr County Tax Assessor | Property Taxes | 2804 US 281 BUSINESS, Edinburg, TX 78539 | $100,401 |
| Line Item | Amount |
|---|---|
| Other Expenses | $3,270,604 |
| Salaries, Compensation, and Employee Benefits | $508,157 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | $631,232 | $86,077 | - | $717,309 |
| Advertising | $261,620 | $35,675 | - | $297,295 |
| Current Officers, Directors, Trustees, and Key Employees | $188,467 | $25,697 | - | $214,164 |
| Other Salaries and Wages | $140,064 | $19,100 | - | $159,164 |
| Fees for Services Accounting | $107,026 | $14,594 | - | $121,620 |
| Other Employee Benefits | $93,416 | $12,738 | - | $106,154 |
| Other Expenses | $88,208 | $12,028 | - | $100,236 |
| Fees for Services Legal | $83,719 | $11,416 | - | $95,135 |
| Depreciation Depletion | $83,300 | $11,359 | - | $94,659 |
| Office Expenses | $73,742 | $10,056 | - | $83,798 |
| Fees for Services Lobbying | $40,040 | $5,460 | - | $45,500 |
| All Other Expenses | $31,842 | $4,343 | - | $36,185 |
| Payroll Taxes | $25,234 | $3,441 | - | $28,675 |
| Total Functional Expenses | $3,325,313 | $453,448 | $0 | $3,778,761 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $3,778,761 |
| Total Expenses per Audited Statements | $3,778,761 |
| Total Expenses per Form 990 | $3,778,761 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Net Pension Liability | $603,936 |
“The return is reviewed by key administrative staff.”
“Eedc requires its salaried officers and employees to agree in writing to be bound by the restrictions relating to conflicts of interest as set forth in the city policies.”
“Board members review key data to decide upon compensation levels.”
“Audited 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 | 9777 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 96964 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 14369072 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 14656562 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | PROMOTE ECONOMIC DEVELOPMENT OF EDINBURG, TEXAS |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 35675 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 261620 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 297295 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 4343 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 31842 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 36185 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | EDINBURG ECONOMIC DEVELOPMENT CORPORATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9563837124 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 1079 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | EDINBURG |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 78539 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 3405675 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 6142678 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 4 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 25697 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 188467 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 214164 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 434176 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 250000 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 121624 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 3 | 100401 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 415 W UNIVERSITY DR |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 437 E TRENTON RD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | 200 E CANO ST |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 3 | 2804 US 281 BUSINESS |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | EDINBURG |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | EDINBURG |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | EDINBURG |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 3 | EDINBURG |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 3 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 78539 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 78539 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 78539 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 3 | 78539 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | CITY OF EDINBURG |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | FIRST HARTFORD REALTY |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | LAW OFFICE OF AARON VELA |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 3 | PABLO VILLARREAL JR COUNTY TAX ASSESSOR |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | DEVELOPMENT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | DEVELOPMENT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | LEGAL |
| IRS990/ContractorCompensationGrp/ServicesDesc | 3 | PROPERTY TAXES |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 5602987 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 653718 |
| IRS990/CYOtherExpensesAmt | 0 | 3270604 |
| IRS990/CYOtherRevenueAmt | 0 | 14166 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 297423 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 2789533 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 508157 |
| IRS990/CYTotalExpensesAmt | 0 | 3778761 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 6568294 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 11359 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 83300 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 94659 |
| IRS990/Desc | 0 | COMPANIES WERE CONTRACTED WITH THE PROPOSAL TO LOCATE IN EDINBURG, TEXAS. INFRASTRUCTURE PROJECTS WERE SPONSORED FOR BUSINESS. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 3325313 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 14594 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 107026 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 121620 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 11416 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 83719 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 95135 |
| IRS990/FeesForServicesLobbyingGrp/ManagementAndGeneralAmt | 0 | 5460 |
| IRS990/FeesForServicesLobbyingGrp/ProgramServicesAmt | 0 | 40040 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 45500 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 40.00 |
| 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/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | 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/PersonNm | 0 | GILBERT ENRIQUEZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MIKE FARIAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JORGE LUIS SALINAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | RICHARD MOLINA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DAVID TORRES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | NELDA RAMIREZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | PLINIO TREVINO |
| 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 | 89164 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 125000 |
| 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/TitleTxt | 0 | BOARD PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE-PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY-TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | FINANCE DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | EXECUTIVE DIRECTOR |
| 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/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GovernmentGrantsAmt | 0 | 5602987 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 6568294 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 86077 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 631232 |
| IRS990/InterestGrp/TotalAmt | 0 | 717309 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 653718 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 653718 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1164046 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 8911426 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 8816767 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 9980813 |
| 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 | PROMOTE ECONOMIC DEVELOPMENT OF EDINBURG, TEXAS |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 18626459 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 17810000 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 8393386 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 11199963 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 10056 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 73742 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 83798 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 61793 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 94856 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 12738 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 93416 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 106154 |
| IRS990/OtherExpensesGrp/Desc | 0 | DEVELOPMENT EXPENDITURE |
| IRS990/OtherExpensesGrp/Desc | 1 | TIRZ |
| IRS990/OtherExpensesGrp/Desc | 2 | PROPERTY TAXES |
| IRS990/OtherExpensesGrp/Desc | 3 | CONTRACTUAL SERVICES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 139446 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 49766 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 12252 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 12028 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1022604 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 364950 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 89849 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 88208 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1162050 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 414716 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 102101 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 100236 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 578051 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 603936 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | REIMBURSEMENTS |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 14166 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 14166 |
| IRS990/OtherRevenueTotalAmt | 0 | 14166 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 19100 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 140064 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 159164 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 3441 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 25234 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 28675 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | RUBEN RAMIREZ |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 17044 |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531390 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PROPERTY LEASES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 297423 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 297423 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 5238712 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 810876 |
| IRS990/PYOtherExpensesAmt | 0 | 5086325 |
| IRS990/PYOtherRevenueAmt | 0 | 75000 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 183352 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 525991 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 695624 |
| IRS990/PYTotalExpensesAmt | 0 | 5781949 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 6307940 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 2789533 |
| 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 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 965307 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 859707 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 2517743 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 992600 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 3510343 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 4988 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 171446 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 176434 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 3778761 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 6294036 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 6294036 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 603936 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | NET PENSION LIABILITY |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 6568294 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 8816767 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 3778761 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 603936 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 6568294 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 6568294 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 3778761 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE RETURN IS REVIEWED BY KEY ADMINISTRATIVE STAFF. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EEDC REQUIRES ITS SALARIED OFFICERS AND EMPLOYEES TO AGREE IN WRITING TO BE BOUND BY THE RESTRICTIONS RELATING TO CONFLICTS OF INTEREST AS SET FORTH IN THE CITY POLICIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | BOARD MEMBERS REVIEW KEY DATA TO DECIDE UPON COMPENSATION LEVELS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt | 0 | 36353 |
| IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt | 0 | 36353 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 27607673 |
| IRS990/TotalAssetsEOYAmt | 0 | 29710863 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 27607673 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 29710863 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 5602987 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 453448 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 3325313 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 3778761 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 19214287 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 18510900 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 19214287 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 18510900 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 8393386 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 11199963 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 3325313 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 297423 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 214164 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 965307 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 6568294 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 27607673 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 29710863 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 8357033 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 11163610 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | PO BOX 1079 |
| IRS990/USAddress/CityNm | 0 | EDINBURG |
| IRS990/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/USAddress/ZIPCd | 0 | 78540 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 0 |
| IRS990/WebsiteAddressTxt | 0 | WWW.EDINBURGEDC.COM |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | RUBEN RAMIREZ |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | INTERIM EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9563837124 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-08-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | EDINBURG ECONOMIC DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | EDIN |
| ReturnHeader/Filer/EIN | 0 | 742609452 |
| ReturnHeader/Filer/PhoneNum | 0 | 9563837124 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 4510 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | EDINBURG |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 78540 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 23DF652A98D557A9FFE77C7E22600D4354B7BEA2 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 23DF652A98D557A9FFE77C7E22600D4354B7BEA2 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 70.117.36.221 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-08-06 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 20:05:14 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 264714609 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CRIS VILLARREAL PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3109 TREASURE HILLS BLVD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | HARLINGEN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.