Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
990 • Fiscal year 2019 • EIN 74-2609452
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
79th percentile
Higher net margin than 79% of similar nonprofits.
Top Officer Pay
27th percentile
Higher top officer pay than 27% of similar nonprofits.
Top officer pay equals 1.2% of source-year revenue.
Asset Growth
91st percentile
Faster asset growth than 91% of similar nonprofits.
Revenue Growth
21st percentile
Faster revenue growth than 21% of similar nonprofits.
Assets
Up$41,462,445
Up $11,751,582 (+40%) from 2018
Net Assets
Up$13,200,364
Up $2,000,401 (+18%) from 2018
Liabilities
Up$28,262,081
Up $9,751,181 (+53%) from 2018
Revenue
Down$6,138,102
Down $430,192 (-6.5%) from 2018
Expenses
Up$4,137,701
Up $358,940 (+9.5%) from 2018
Net Income
Down$2,000,401
Down $789,132 (-28%) from 2018
To promote economic development of Edinburg, Texas
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $6,142,678 | $19,551,117 | ▲ $13,408,439 |
| Accounts Receivable | $14,656,562 | $14,734,108 | ▲ $77,546 |
| Land, Buildings, and Equipment, Net | $8,816,769 | $7,082,364 | ▼ $1,734,405 |
| Savings and Temporary Cash Investments | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Prepaid Expenses and Deferred Charges | - | $0 | - |
| Total Assets | $29,710,865 | $41,462,445 | ▲ $11,751,580 |
| Other Assets Total | $94,856 | $94,856 | → $0 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $17,810,000 | $27,576,150 | ▲ $9,766,150 |
| Other Liabilities | $603,938 | $603,937 | ▼ $1 |
| Accounts Payable and Accrued Expenses | $96,964 | $81,994 | ▼ $14,970 |
| Total Liabilities | $18,510,902 | $28,262,081 | ▲ $9,751,179 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $11,163,610 | $13,164,011 | ▲ $2,000,401 |
| Temporarily Rstr Net Assets | $36,353 | $36,353 | → $0 |
| Total Net Assets Fund Balance | $11,199,963 | $13,200,364 | ▲ $2,000,401 |
| Total Liabilities and Net Assets / Fund Balance | $29,710,865 | $41,462,445 | ▲ $11,751,580 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $6,294,831 | - | $6,294,831 |
| Buildings | $783,644 | $824,922 | $1,608,566 |
| Equipment | $3,889 | $172,372 | $176,261 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Plinio Trevino | Executive Director | FT | $75,187 | $75,187 |
| Name | Title |
|---|---|
| Gilbert Enriquez | President |
| Mike Farias | Vice President |
| Blanca Davila | Director |
| David Torres | Director |
| Richard Molina | Director |
| Jorge Luis Salinas | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| City Of Edinburg | Development | 415 W UNIVERSITY DR, Edinburg, TX 78539 | $415,866 |
| Law Office Of Aaron Vela | Legal | 200 E CANO ST, Edinburg, TX 78539 | $125,409 |
| Vantage Ventures LLC | Development | 4316 N 10th, McAllen, TX 78504 | $102,000 |
| Line Item | Amount |
|---|---|
| Other Expenses | $3,646,145 |
| Salaries, Compensation, and Employee Benefits | $491,556 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | $359,909 | $49,079 | - | $408,988 |
| Other Salaries and Wages | $304,466 | $41,518 | - | $345,984 |
| Advertising | $257,581 | $35,125 | - | $292,706 |
| Fees for Services Legal | $127,664 | $17,409 | - | $145,073 |
| Depreciation Depletion | $76,886 | $10,484 | - | $87,370 |
| All Other Expenses | $75,292 | $10,268 | - | $85,560 |
| Other Expenses | $73,005 | $9,955 | - | $82,960 |
| Current Officers, Directors, Trustees, and Key Employees | $66,165 | $9,022 | - | $75,187 |
| Payroll Taxes | $61,939 | $8,446 | - | $70,385 |
| Travel | $40,627 | $5,540 | - | $46,167 |
| Fees for Services Accounting | $39,573 | $5,396 | - | $44,969 |
| Fees for Services Lobbying | $38,500 | $5,250 | - | $43,750 |
| Office Expenses | $18,938 | $2,582 | - | $21,520 |
| Information Technology | $2,475 | $338 | - | $2,813 |
| Insurance | $1,056 | $144 | - | $1,200 |
| Total Functional Expenses | $3,641,177 | $496,524 | $0 | $4,137,701 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Net Pension Liability | $603,937 |
“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 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 96964 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 81994 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 14656562 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 14734108 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | To promote economic development of Edinburg, Texas |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 35125 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 257581 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 292706 |
| IRS990/AllAffiliatesIncludedInd | 0 | false |
| IRS990/AllOtherContributionsAmt | 0 | 5801968 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 10268 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 75292 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 85560 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | false |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Edinburg Economic Development Corp |
| 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 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 6142678 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 19551117 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 3 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 9022 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 66165 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 75187 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 415866 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 102000 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 125409 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 415 W UNIVERSITY DR |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 4316 N 10th |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | 200 E CANO ST |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | EDINBURG |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | McAllen |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | 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/ZIPCd | 0 | 78539 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 78504 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 78539 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | CITY OF EDINBURG |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | Vantage Ventures LLC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | LAW OFFICE OF AARON VELA |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | DEVELOPMENT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | DEVELOPMENT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | LEGAL |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 5801968 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 114471 |
| IRS990/CYOtherExpensesAmt | 0 | 3646145 |
| IRS990/CYOtherRevenueAmt | 0 | 34364 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 187299 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 2000401 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 491556 |
| IRS990/CYTotalExpensesAmt | 0 | 4137701 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 6138102 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | false |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 10484 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 76886 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 87370 |
| IRS990/Desc | 0 | Companies were contracted with the proposal to locate in Edinburg, Texas. Infrastructure projects were sponsored for business. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DistributionToDonorInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 4 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 3641177 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 5396 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 39573 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 44969 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 17409 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 127664 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 145073 |
| IRS990/FeesForServicesLobbyingGrp/ManagementAndGeneralAmt | 0 | 5250 |
| IRS990/FeesForServicesLobbyingGrp/ProgramServicesAmt | 0 | 38500 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 43750 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| 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 | 0.00 |
| 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 | Blanca Davila |
| 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 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 75187 |
| 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 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Executive Dir. |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/Form990TFiledInd | 0 | false |
| IRS990/FormationYr | 0 | 1990 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -550371 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 1140100 |
| IRS990/GrossReceiptsAmt | 0 | 7828573 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 338 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 2475 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 2813 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 144 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 1056 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 1200 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 49079 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 359909 |
| IRS990/InterestGrp/TotalAmt | 0 | 408988 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 664842 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 664842 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/InvestTaxExemptBondsInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 997294 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 8816769 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 7082364 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 8079658 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 1690471 |
| IRS990/LicensedMoreThanOneStateInd | 0 | false |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | To promote economic development of Edinburg, Texas |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 17810000 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 27576150 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 11199963 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 13200364 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | -550371 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -550371 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 2582 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 18938 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 21520 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OnBehalfOfIssuerInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OrgFiledInLieuOfForm1041Ind | 0 | false |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 94856 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 94856 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | TIRZ |
| IRS990/OtherExpensesGrp/Desc | 1 | DEVELOPMENT EXP |
| IRS990/OtherExpensesGrp/Desc | 2 | CONTRACTUAL EXP |
| IRS990/OtherExpensesGrp/Desc | 3 | PROPERTY TAXES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 209572 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 63662 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 12734 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 9955 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1536860 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 466855 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 93386 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 73005 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1746432 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 530517 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 106120 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 82960 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 603938 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 603937 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 900099 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 2 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Other |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | Reimbursement |
| IRS990/OtherRevenueMiscGrp/Desc | 2 | SERVICES |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 4198 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 10717 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 2 | 19449 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 4198 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 10717 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 2 | 19449 |
| IRS990/OtherRevenueTotalAmt | 0 | 34364 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 41518 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 304466 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 345984 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 8446 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 61939 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 70385 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531390 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PROPERTY LEASES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 187299 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 187299 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 5602987 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 653718 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 3270604 |
| IRS990/PYOtherRevenueAmt | 0 | 14166 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 297423 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 2789533 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 508157 |
| IRS990/PYTotalExpensesAmt | 0 | 3778761 |
| IRS990/PYTotalRevenueAmt | 0 | 6568294 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 2000401 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 6138102 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 783644 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 824922 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1608566 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 3889 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 172372 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 176261 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 6294831 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 6294831 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 603937 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | NET PENSION LIABILITY |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 7082364 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 603937 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| 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, Line 11b: Form 990 Review Process |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxableDistributionsInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt | 0 | 36353 |
| IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt | 0 | 36353 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 29710865 |
| IRS990/TotalAssetsEOYAmt | 0 | 41462445 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 29710865 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 41462445 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 5801968 |
| IRS990/TotalEmployeeCnt | 0 | 4 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 496524 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 3641177 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 4137701 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 18510902 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 28262081 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 18510902 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 28262081 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 11199963 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 13200364 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 3641177 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 187299 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 75187 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 336134 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 6138102 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 29710865 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 41462445 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 5540 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 40627 |
| IRS990/TravelGrp/TotalAmt | 0 | 46167 |
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Displayed year
2019 • Form 990Detailed filing. Detailed filing data is available for this year.