Liabilities / Assets
89th percentile
Higher debt load relative to assets than 89% of similar nonprofits.
990 • Fiscal year 2020 • EIN 74-2609452
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
89th percentile
Higher debt load relative to assets than 89% of similar nonprofits.
Liabilities / Revenue
86th percentile
Higher debt load relative to revenue than 86% of similar nonprofits.
Net Margin
64th percentile
Higher net margin than 64% of similar nonprofits.
Top Officer Pay
20th percentile
Higher top officer pay than 20% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
21st percentile
Faster asset growth than 21% of similar nonprofits.
Revenue Growth
80th percentile
Faster revenue growth than 80% of similar nonprofits.
Assets
Down$40,118,721
Down $1,343,724 (-3.2%) from 2019
Net Assets
Down$12,302,791
Down $897,573 (-6.8%) from 2019
Liabilities
Down$27,815,930
Down $446,151 (-1.6%) from 2019
Revenue
Up$8,091,628
Up $1,953,526 (+32%) from 2019
Expenses
Up$6,871,929
Up $2,734,228 (+66%) from 2019
Net Income
Down$1,219,699
Down $780,702 (-39%) from 2019
To promote economic development of Edinburg, Texas
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $19,551,117 | $18,856,883 | ▼ $694,234 |
| Other Notes and Loans Receivable, Net | - | $13,367,204 | - |
| Land, Buildings, and Equipment, Net | $7,082,364 | $6,255,684 | ▼ $826,680 |
| Accounts Receivable | $14,734,108 | $1,483,175 | ▼ $13,250,933 |
| Total Assets | $41,462,445 | $40,118,721 | ▼ $1,343,724 |
| Other Assets Total | $94,856 | $155,775 | ▲ $60,919 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $27,576,150 | $26,945,000 | ▼ $631,150 |
| Other Liabilities | $603,937 | $744,348 | ▲ $140,411 |
| Accounts Payable and Accrued Expenses | $81,994 | $126,582 | ▲ $44,588 |
| Total Liabilities | $28,262,081 | $27,815,930 | ▼ $446,151 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $13,164,011 | $12,302,791 | ▼ $861,220 |
| Net Assets With Donor Restrictions | $36,353 | - | - |
| Total Net Assets Fund Balance | $13,200,364 | $12,302,791 | ▼ $897,573 |
| Total Liabilities and Net Assets / Fund Balance | $41,462,445 | $40,118,721 | ▼ $1,343,724 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $4,984,283 | - | $4,984,283 |
| Other Land Buildings | $1,261,316 | $805,818 | $2,067,134 |
| Equipment | $1,569 | $38,769 | $40,338 |
| Buildings | $8,516 | $224 | $8,740 |
| Name | Title |
|---|---|
| Hiren Govind | President |
| Raul Resendez | Director |
| Sabrina Walker-hernandez | Director |
| Veronica Gonzales | Director |
| Ron Garza | City Manager |
| Blanca Davila | Executive Di |
| Daniel Diaz | Secretary |
| Aaron Rivera | Treasurer |
| Roland Gomez | Vice-preside |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Synergy Builders Of Texas | Development | PO BOX 4292, Edinburg, TX 78540 | $1,418,218 |
| Musco Sports Lighting LLC | Development | 100 1ST AVE WEST, Oskaloosa, IA 52577 | $385,000 |
| City Of Edinburg | Development | 415 W UNIVERSITY DR, Edinburg, TX 78539 | $257,651 |
| Lower Rio Grande Valley Dev | Development | 301 W RAILROAD ST, Weslaco, TX 78501 | $200,000 |
| Milnet Architectural Services | Development | 608 S 12TH ST, Mcallen, TX 78501 | $146,940 |
| Line Item | Amount |
|---|---|
| Other Expenses | $6,871,929 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | $994,855 | $135,662 | - | $1,130,517 |
| Fees for Services Management | $380,498 | $51,886 | - | $432,384 |
| Advertising | $172,777 | $23,561 | - | $196,338 |
| All Other Expenses | $170,444 | $23,242 | - | $193,686 |
| Other Expenses | $90,309 | $12,315 | - | $102,624 |
| Depreciation Depletion | $58,518 | - | - | $58,518 |
| Fees for Services Legal | $27,917 | $3,807 | - | $31,724 |
| Fees for Services Accounting | $22,998 | $3,136 | - | $26,134 |
| Office Expenses | $22,007 | $3,001 | - | $25,008 |
| Travel | $3,050 | $416 | - | $3,466 |
| Information Technology | $1,372 | $187 | - | $1,559 |
| Total Functional Expenses | $6,054,319 | $817,610 | $0 | $6,871,929 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Net Pension Liability | $744,348 |
“No review was or will be conducted.”
“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.”
“Audited financial statements are available upon request.”
“Assets disposed in prior years -948,596”
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 | 81994 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 126582 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 14734108 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 1483175 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO PROMOTE ECONOMIC DEVELOPMENT OF EDINBURG, TEXAS |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 23561 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 172777 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 196338 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 23242 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 170444 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 193686 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | false |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | CRISTIAN VILLARREAL |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9563837124 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 140 S NUECES PARK LN |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | HARLINGEN |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 78552 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 19551117 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 18856883 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 5 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 1418218 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 385000 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 257651 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 3 | 200000 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 4 | 146940 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | PO BOX 4292 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 100 1ST AVE WEST |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | 415 W UNIVERSITY DR |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 3 | 301 W RAILROAD ST |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 4 | 608 S 12TH ST |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | EDINBURG |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | OSKALOOSA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | EDINBURG |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 3 | WESLACO |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 4 | MCALLEN |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | IA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 3 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 4 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 78540 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 52577 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 78539 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 3 | 78501 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 4 | 78501 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | SYNERGY BUILDERS OF TEXAS |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | MUSCO SPORTS LIGHTING LLC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | CITY OF EDINBURG |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 3 | LOWER RIO GRANDE VALLEY DEV |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 4 | MILNET ARCHITECTURAL SERVICES |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | DEVELOPMENT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | DEVELOPMENT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | DEVELOPMENT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 3 | DEVELOPMENT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 4 | DEVELOPMENT |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 7144078 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 810234 |
| IRS990/CYOtherExpensesAmt | 0 | 6871929 |
| IRS990/CYOtherRevenueAmt | 0 | 1156 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 136160 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 1219699 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 6871929 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 8091628 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 58518 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 58518 |
| IRS990/Desc | 0 | COMPANIES WERE CONTRACTED WITH THE PROPOSAL TO LOCATE IN EDINBURG, TEXAS. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 36353 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 6054319 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 3136 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 22998 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 26134 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 3807 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 27917 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 31724 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 51886 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 380498 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 432384 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| 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 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 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/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | 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/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DANIEL DIAZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ROLAND GOMEZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | VERONICA GONZALES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | HIREN GOVIND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | RAUL RESENDEZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | AARON RIVERA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | SABRINA WALKER-HERNANDEZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | BLANCA DAVILA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | RON GARZA |
| 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 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE-PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | EXECUTIVE DI |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | CITY MANAGER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1990 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GovernmentGrantsAmt | 0 | 7144078 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 8091628 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 187 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 1372 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 1559 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 135662 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 994855 |
| IRS990/InterestGrp/TotalAmt | 0 | 1130517 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 810234 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 810234 |
| IRS990/InvestmentInJointVentureInd | 0 | true |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 844811 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 7082364 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 6255684 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 7100495 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| 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/NetAssetsOrFundBalancesBOYAmt | 0 | 13200364 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 12302791 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 13164011 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 12302791 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 3001 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 22007 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 25008 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 94856 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 155775 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -948596 |
| IRS990/OtherExpensesGrp/Desc | 0 | DEVELOPMENT EXP |
| IRS990/OtherExpensesGrp/Desc | 1 | TIRZ |
| IRS990/OtherExpensesGrp/Desc | 2 | BAD DEBTS EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 3 | PROPERTY TAXES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 446398 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 68371 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 45628 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 12315 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 3273582 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 501388 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 334604 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 90309 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 3719980 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 569759 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 380232 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 102624 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 603937 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 744348 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | SALE OF PROPERTY |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1156 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 1156 |
| IRS990/OtherRevenueTotalAmt | 0 | 1156 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 13367204 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | BLANCA DAVILA |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | -1168676 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531390 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PROPERTY LEASES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 136160 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 136160 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 5801968 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 114471 |
| IRS990/PYOtherExpensesAmt | 0 | 3646145 |
| IRS990/PYOtherRevenueAmt | 0 | 34364 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 187299 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 2000401 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 491556 |
| IRS990/PYTotalExpensesAmt | 0 | 4137701 |
| IRS990/PYTotalRevenueAmt | 0 | 6138102 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 1219699 |
| 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 | 8091628 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 8516 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 224 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 8740 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 1569 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 38769 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 40338 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 4984283 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 4984283 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 1261316 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 805818 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2067134 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 744348 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | NET PENSION LIABILITY |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 6255684 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 744348 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | false |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| 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 | AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ASSETS DISPOSED IN PRIOR YEARS -948,596 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART XI, LINE 9 |
| 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/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 41462445 |
| IRS990/TotalAssetsEOYAmt | 0 | 40118721 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 41462445 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 40118721 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 7144078 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 817610 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 6054319 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 6871929 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 28262081 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 27815930 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 28262081 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 27815930 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 13200364 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 12302791 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 6054319 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 136160 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 947550 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 8091628 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 41462445 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 40118721 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 416 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 3050 |
| IRS990/TravelGrp/TotalAmt | 0 | 3466 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt | 0 | 27576150 |
| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 26945000 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | CITYOFEDINBURG.COM |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| IRS990/WrittenPolicyOrProcedureInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BLANCA DAVILA |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9563837124 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-08-01 |
| 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 | 415 W UNIVERSITY DR |
| ReturnHeader/Filer/USAddress/CityNm | 0 | EDINBURG |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 78540 |
| 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 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 785508668 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9565341040 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-08-05 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CRISTIAN VILLARREAL |
| ReturnHeader/ReturnTs | 0 | 2021-08-05T14:21:07-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-09-30 |
| ReturnHeader/TaxYr | 0 | 2019 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.