Liabilities / Assets
34th percentile
Higher debt load relative to assets than 34% of similar nonprofits.
EIN 74-2619492 • 501(c)3 • Austin, TX
Profile
The texas economic development corporation is an independently funded and operated 501(c)(3) nonprofit organization responsible for marketing and promoting texas as a premier business location.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
34th percentile
Higher debt load relative to assets than 34% of similar nonprofits.
Liabilities / Revenue
40th percentile
Higher debt load relative to revenue than 40% of similar nonprofits.
Net Margin
13th percentile
Higher net margin than 13% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
11th percentile
Faster asset growth than 11% of similar nonprofits.
Revenue Growth
8th percentile
Faster revenue growth than 8% of similar nonprofits.
Assets
Down$8,821,031
Down $1,026,440 (-10%) from 2023
Liabilities
Down$374,335
Down $309,289 (-45%) from 2023
Net Assets
Down$8,446,696
Down $717,151 (-7.8%) from 2023
Revenue
Down$3,771,185
Down $2,152,807 (-36%) from 2023
Expenses
Up$4,563,859
Up $1,478,664 (+48%) from 2023
Net Income
Down-$792,674
Down $3,631,471 (-128%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
THE TEXAS ECONOMIC DEVELOPMENT CORPORATION IS AN INDEPENDENTLY FUNDED AND OPERATED 501(c)(3) NONPROFIT ORGANIZATION RESPONSIBLE FOR MARKETING AND PROMOTING TEXAS AS A PREMIER BUSINESS LOCATION.
The texas economic development corporation, txedc, was established to market and promote texas as a premier business state; and to facilitate the location, expansion, and retention of domestic and international business investment in the state. Txedc is funded through private contributions by businesses, organizations and individuals interested in the promotion of business, economic development, and job creation in the state of texas.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $6,230,207 | $7,165,972 | ▲ $935,765 |
| Cash and Non-Interest-Bearing Accounts | $3,101,772 | $1,251,119 | ▼ $1,850,653 |
| Prepaid Expenses and Deferred Charges | $98,949 | $106,547 | ▲ $7,598 |
| Land, Buildings, and Equipment, Net | $23,418 | $16,303 | ▼ $7,115 |
| Total Assets | $9,847,471 | $8,821,031 | ▼ $1,026,440 |
| Other Assets Total | $393,125 | $281,090 | ▼ $112,035 |
| Liabilities | |||
| Other Liabilities | $429,574 | $314,702 | ▼ $114,872 |
| Accounts Payable and Accrued Expenses | $254,050 | $59,633 | ▼ $194,417 |
| Total Liabilities | $683,624 | $374,335 | ▼ $309,289 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $9,163,847 | $8,446,696 | ▼ $717,151 |
| Total Net Assets Fund Balance | $9,163,847 | $8,446,696 | ▼ $717,151 |
| Total Liabilities and Net Assets / Fund Balance | $9,847,471 | $8,821,031 | ▼ $1,026,440 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $16,303 | $59,764 | $76,067 |
| Leasehold Improvements | $0 | $30,807 | $30,807 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Aaron Demerson | President & CEO | FT | $320,521 | $218,279 | $538,800 |
| Michael Chrobak | Executive VP(former) | FT | $162,684 | $108,623 | $271,307 |
| Walter Buchholtz | Director of Operations | FT | $164,988 | $41,478 | $206,466 |
| Christin Evans | Vice President of External(former) | FT | $130,918 | $51,003 | $181,921 |
| Veronica Beyer | Director of Marketing & Co(former) | FT | $165,701 | $7,979 | $173,680 |
| Dale Robertson | Vice President of Business Development | FT | $135,267 | $7,700 | $142,967 |
| Bonnie Downs | Director of Communications | FT | $109,926 | $8,037 | $117,963 |
| Emily Lawley | Director of Events | FT | $112,409 | $3,791 | $116,200 |
| Valerie Segovia | Vice President of Investor Relations | FT | $92,273 | $2,550 | $94,823 |
| Name | Title |
|---|---|
| Arun Agarwal | Board Chair |
| S David Deanda | Board Vice Chair |
| Eduardo Margain | Board Member |
| George Henderson Iii | Board Member |
| Katie Farmer | Board Member |
| L Fredrick Francis | Board Member |
| Peter J Holt | Board Member |
| Elizabeth Killinger | Board Secretary |
| Adrian Cannady | Board Treasurer |
| Adriana Cruz | Ex-officio Board Member |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Razor Rank LLC | Marketing Services | 400 N ST PAUL ST STE 420, Dallas, TX 75201 | $109,787 |
| Line Item | Amount |
|---|---|
| Other Expenses | $2,386,226 |
| Salaries, Compensation, and Employee Benefits | $2,177,633 |
| Total Fundraising Expense | $468,473 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $717,007 | $115,986 | $221,428 | $1,054,421 |
| Other Salaries and Wages | $551,588 | $89,227 | $170,343 | $811,158 |
| Advertising | $362,349 | - | - | $362,349 |
| Payroll Taxes | $84,270 | $13,632 | $26,024 | $123,926 |
| Depreciation Depletion | - | $120,692 | - | $120,692 |
| Other Employee Benefits | $81,147 | $13,127 | $25,060 | $119,334 |
| Occupancy | - | $89,325 | - | $89,325 |
| Pension Plan Contributions | $46,780 | $7,567 | $14,447 | $68,794 |
| Payment Travel Entrtnmnt Publicly Ofcl | $68,348 | - | - | $68,348 |
| Fees for Services Accounting | - | $57,500 | - | $57,500 |
| All Other Expenses | $13,987 | $22,551 | $9,869 | $46,407 |
| Other Expenses | $72,838 | $35,101 | - | $35,101 |
| Fees for Services Legal | - | $2,978 | - | $2,978 |
| Travel | - | - | $1,302 | $1,302 |
| Fees for Services Management | - | $406 | - | $406 |
| Total Functional Expenses | $3,433,037 | $662,349 | $468,473 | $4,563,859 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $6,157,083 |
| Total Expenses per Form 990 | $4,563,859 |
| Expenses per Audited Statements | $4,562,319 |
| Expenses Not Reported on Form 990 | $1,594,764 |
| Expenses Not Reported on Financial Statements | $1,540 |
| Other Expense Adjustments | $1,540 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Japan, Korea, Taiwan | Business Development and Business Attraction. | Business Development | 0 | 0 | $555,978 |
| India | Business Development and Business Attraction. | Business Development | 0 | 0 | $213,416 |
| The United Kingdom | Business Development and Business Attraction. | Business Development | 0 | 0 | $115,316 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Lt Lease Liability | $190,957 |
| St Lease Liability | $123,745 |
“Line 11b explanation - the board of directors of tx edc receives the annual form 990 prior to filing.”
“The organization has a written conflict of interest, whistleblower, and document retention policy. The conflict of interest policy is reviewed and signed annually by board members and employees.”
“Ceo compensation is based in part on a study by an independent consultant. Ceo compensation and bonus is reviewed and approved annually by the txedc board directors.”
“PROVIDED UPON REQUEST”
“Rou lease 1,540. Rounding -2.”
“ROU LEASE”
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 | 254050 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 59633 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE TEXAS ECONOMIC DEVELOPMENT CORPORATION, TXEDC, WAS ESTABLISHED TO MARKET AND PROMOTE TEXAS AS A PREMIER BUSINESS STATE; AND TO FACILITATE THE LOCATION, EXPANSION, AND RETENTION OF DOMESTIC AND INTERNATIONAL BUSINESS INVESTMENT IN THE STATE. TXEDC IS FUNDED THROUGH PRIVATE CONTRIBUTIONS BY BUSINESSES, ORGANIZATIONS AND INDIVIDUALS INTERESTED IN THE PROMOTION OF BUSINESS, ECONOMIC DEVELOPMENT, AND JOB CREATION IN THE STATE OF TEXAS. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 362349 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 362349 |
| IRS990/AllOtherContributionsAmt | 0 | 3482500 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 9869 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 22551 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 13987 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 46407 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JOHN C ASEL CPA |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2105445665 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4725 COLLEGE PARK SUITE 200 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | SAN ANTONIO |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 78249 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 3101772 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1251119 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 221428 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 115986 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 717007 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 1054421 |
| 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 | 109787 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 400 N ST PAUL ST STE 420 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | DALLAS |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 75201 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | RAZOR RANK LLC |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | MARKETING SERVICES |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 3482500 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 249550 |
| IRS990/CYOtherExpensesAmt | 0 | 2386226 |
| IRS990/CYOtherRevenueAmt | 0 | 2135 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 37000 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -792674 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 2177633 |
| IRS990/CYTotalExpensesAmt | 0 | 4563859 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 468473 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 3771185 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 120692 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 120692 |
| IRS990/Desc | 0 | THE ORGANIZATION MARKETS TEXAS IN A DYNAMIC AND COMPETITIVE MANNER THROUGH PROMOTION OF ECONOMIC DEVELOPMENT AND JOB CREATION IN TEXAS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 13 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 3433037 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 57500 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 57500 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 2978 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 2978 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 406 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 406 |
| IRS990/ForeignActivitiesInd | 0 | 1 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 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/AverageHoursPerWeekRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 2 | X |
| 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/IndividualTrusteeOrDirectorInd | 9 | 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/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 18279 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 2550 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 7700 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 10478 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 8037 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 3791 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 3940 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 8623 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 7979 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ADRIAN CANNADY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ADRIANA CRUZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | ARUN AGARWAL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | EDUARDO MARGAIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | GEORGE HENDERSON III |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | KATIE FARMER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | L FREDRICK FRANCIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | PETER J HOLT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | S DAVID DEANDA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | ELIZABETH KILLINGER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | AARON DEMERSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | VALERIE SEGOVIA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | DALE ROBERTSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | WALTER BUCHHOLTZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | BONNIE DOWNS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | EMILY LAWLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | CHRISTIN EVANS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | MICHAEL CHROBAK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | VERONICA BEYER |
| 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/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 520521 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 92273 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 135267 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 195988 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 109926 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 112409 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 177981 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 262684 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 165701 |
| 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/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | EX-OFFICIO BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | PRESIDENT & CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | VICE PRESIDENT OF INVESTOR RELATIONS |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | VICE PRESIDENT OF BUSINESS DEVELOPMENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIR. OF OPERATIONS |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR OF COMMUNICATIONS |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR OF EVENTS |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | VICE PRESIDENT OF EXTERNAL(FORMER) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | EXECUTIVE VP(FORMER) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | DIRECTOR OF MARKETING & CO(FORMER) |
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| IRS990/FormationYr | 0 | 1991 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 1 |
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| IRS990/FSAuditedInd | 0 | 1 |
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| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
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| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
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| IRS990/GrossReceiptsAmt | 0 | 6558546 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
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| IRS990/IndoorTanningServicesInd | 0 | 0 |
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| IRS990/InfoInScheduleOPartXIInd | 0 | X |
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| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 7165972 |
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| IRS990/IRPDocumentW2GCnt | 0 | 0 |
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| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 16303 |
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| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
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| IRS990/MembersOrStockholdersInd | 0 | 0 |
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| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE TEXAS ECONOMIC DEVELOPMENT CORPORATION IS AN INDEPENDENTLY FUNDED AND OPERATED 501(C)(3) NONPROFIT ORGANIZATION RESPONSIBLE FOR MARKETING AND PROMOTING TEXAS AS A PREMIER BUSINESS LOCATION. |
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| IRS990/OtherExpensesGrp/Desc | 1 | MATERIALS AND SUPPLIES |
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| IRS990/OtherExpensesGrp/Desc | 3 | COMMUNICATION/UTILITIES |
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| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 35101 |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 72838 |
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| IRS990/PrincipalOfficerNm | 0 | AARON DEMERSON |
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| IRS990/PYOtherRevenueAmt | 0 | 1499 |
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| IRS990/PYTotalExpensesAmt | 0 | 3085195 |
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| IRS990/PYTotalRevenueAmt | 0 | 5923992 |
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| 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 | 37000 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | OTHER INCOME - 2020 AMOUNT: $ 985. 2023 AMOUNT: $ 1,499. 2024 AMOUNT: $ 2,135. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: |
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| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 39497 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1279 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 17911 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 568562 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 2135 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1499 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 985 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 4619 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.82250 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.84440 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 16317041 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 2948405 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 3519500 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 5662167 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3589420 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3363692 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3130667 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 19265446 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 19838627 |
| 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 |
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