Civic Intelligence

Galveston Economic Development Partnership Inc

990 • Fiscal year 2015 • EIN 76-0582349

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 14, 2016

Organization ProfileWWW.GEDP.ORG
P O Box 8029Galveston, TX 77553-8029

(409) 770-0216

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

19th percentile

-12%

Higher net margin than 19% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

99th percentile

$145,682

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 45.5% of source-year revenue.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

20th percentile

-14%

Faster asset growth than 20% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

13th percentile

-25%

Faster revenue growth than 13% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$222,037

Down $37,161 (-14%) from 2014

Net Assets

Down

$222,037

Down $37,161 (-14%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin19th percentile

Revenue

Down

$320,263

Down $107,866 (-25%) from 2014

Expenses

Up

$357,424

Up $6,601 (+1.9%) from 2014

Net Income

Down

-$37,161

Down $114,467 (-148%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2010: $173,924Liabilities 2010: $0Net Assets 2010: $173,9242010Assets 2011: $201,056Liabilities 2011: $0Net Assets 2011: $201,0562011Assets 2012: $279,901Liabilities 2012: $0Net Assets 2012: $279,9012012Assets 2013: $181,892Liabilities 2013: $0Net Assets 2013: $181,8922013Assets 2014: $259,198Liabilities 2014: $0Net Assets 2014: $259,1982014Assets 2015: $222,037Liabilities 2015: $0Net Assets 2015: $222,0372015Assets 2016: $190,522Liabilities 2016: $0Net Assets 2016: $190,5222016Assets 2017: $184,160Liabilities 2017: $65,000Net Assets 2017: $119,1602017Assets 2018: $55,905Liabilities 2018: $0Net Assets 2018: $55,9052018Assets 2019: $37,795Liabilities 2019: $0Net Assets 2019: $37,7952019Assets 2020: $69,504Liabilities 2020: $0Net Assets 2020: $69,5042020Assets 2021: $57,212Liabilities 2021: $143Net Assets 2021: $57,0692021Assets 2022: $60,988Liabilities 2022: $3,010Net Assets 2022: $57,9782022Assets 2023: $45,894Liabilities 2023: $0Net Assets 2023: $45,8942023Assets 2024: $78,983Liabilities 2024: $19,523Net Assets 2024: $59,4602024Assets 2025: $40,609Liabilities 2025: $34,383Net Assets 2025: $6,2262025

Highlighted filing

2015

Assets$222,037
Liabilities$0
Net Assets$222,037
Open 2015 Filing

Operations Trend

Revenue Growth13th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $249,085Expenses 2010: $242,426Net Income 2010: $6,6592010Revenue 2011: $308,708Expenses 2011: $281,575Net Income 2011: $27,1332011Revenue 2012: $493,171Expenses 2012: $414,326Net Income 2012: $78,8452012Revenue 2013: $207,733Expenses 2013: $305,742Net Income 2013: -$98,0092013Revenue 2014: $428,129Expenses 2014: $350,823Net Income 2014: $77,3062014Revenue 2015: $320,263Expenses 2015: $357,424Net Income 2015: -$37,1612015Revenue 2016: $347,085Expenses 2016: $378,600Net Income 2016: -$31,5152016Revenue 2017: $235,625Expenses 2017: $306,987Net Income 2017: -$71,3622017Revenue 2018: $287,950Expenses 2018: $351,205Net Income 2018: -$63,2552018Revenue 2019: $304,760Expenses 2019: $322,870Net Income 2019: -$18,1102019Revenue 2020: $313,498Expenses 2020: $281,787Net Income 2020: $31,7112020Revenue 2021: $298,949Expenses 2021: $311,384Net Income 2021: -$12,4352021Revenue 2022: $261,566Expenses 2022: $260,657Net Income 2022: $9092022Revenue 2023: $269,883Expenses 2023: $281,967Net Income 2023: -$12,0842023Revenue 2024: $306,449Expenses 2024: $292,884Net Income 2024: $13,5652024Revenue 2025: $250,030Expenses 2025: $303,263Net Income 2025: -$53,2332025

Highlighted filing

2015

Revenue$320,263
Expenses$357,424
Net Income-$37,161
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$320,263
Mission and Program Overview

Mission

Promote and develop economic development activities

Promote and develop econcomic development activities

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$241,263$211,775▼ $29,488
Land, Buildings, and Equipment, Net$8,933$5,575▼ $3,358
Cash and Non-Interest-Bearing Accounts$9,002$4,687▼ $4,315
Total Assets$259,198$222,037▼ $37,161
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$259,198$222,037▼ $37,161
Total Net Assets Fund Balance$259,198$222,037▼ $37,161
Total Liabilities and Net Assets / Fund Balance$259,198$222,037▼ $37,161

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,575$88,480$94,055
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff SjostromExec DirectorFT$132,000$13,682$145,682

Board Members and Trustees

NameTitle
Fred RaschkeChairman
Jim PozziVice Chairman
Gwen WagnerSecretary
William RiderTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,320
Program Service Revenue
$314,125
Investment Income
$817
Other Revenue
$1
All Other Contributions
$5,320
Change in Net Assets
$-37,161
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$229,856
Other Expenses$127,068
Grants and Similar Amounts Paid$500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$132,000--$132,000
Other Salaries and Wages$60,898$8,733-$69,631
Other Employee Benefits$14,232--$14,232
Payroll Taxes$13,325$668-$13,993
Insurance$3,662$980-$4,642
Depreciation Depletion$3,897--$3,897
All Other Expenses$2,201$1,690-$3,891
Occupancy$3,870--$3,870
Conferences and Meetings$3,138$500-$3,638
Office Expenses$1,999$1,440-$3,439
Fees for Services Accounting-$2,975-$2,975
Advertising$2,880--$2,880
Other Expenses$1,739--$1,739
Travel$890--$890
Grants to Domestic Orgs$500--$500
Total Functional Expenses$340,438$16,986$0$357,424
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Organization is structured by members”

Form 990, Part VI, Section A, Line 7A

“Officers are elected by membership”

Form 990, Part VI, Section B, Line 11

“Reviewed by authorized signer before mailing”

Form 990, Part VI, Section C, Line 19

“Made available upon request”

Filing and Contact Details

Filer

Filer Name
Galveston Economic Development
EIN
76-0582349
Phone
4097700216
Address
P O BOX 8029, GALVESTON, TX 77553-8029

Signing Officer

Name
Jeff Sjostrom
Title
Executive Director
Phone
4097700216
Signed
2016-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fred Raschke
Formed
1998
Legal Domicile
TX
Voting Board Members
22
Independent Board Members
22
Employees
4
Volunteers
0

Preparer

Firm
Ham Langston & Brezina Llp
Address
1011 TREMONT STREET, GALVESTON, TX 77550
Preparer
William C Ansell CPA
Phone
4097659311
Raw XML Appendix334 raw XML fields

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/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROMOTE AND DEVELOP ECONCOMIC DEVELOPMENT ACTIVITIES
IRS990/AdvertisingGrp/ProgramServicesAmt02880
IRS990/AdvertisingGrp/TotalAmt02880
IRS990/AllOtherContributionsAmt05320
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01690
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02201
IRS990/AllOtherExpensesGrp/TotalAmt03891
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GALVESTON ECONOMIC DEVELOPMENT PTR
IRS990/BooksInCareOfDetail/PhoneNum04097404970
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O BOX 8029 P O BOX 8029
IRS990/BooksInCareOfDetail/USAddress/CityNm0GALVESTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077553
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt09002
IRS990/CashNonInterestBearingGrp/EOYAmt04687
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0132000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0132000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0500
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt03138
IRS990/ConferencesMeetingsGrp/TotalAmt03638
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05320
IRS990/CYGrantsAndSimilarPaidAmt0500
IRS990/CYInvestmentIncomeAmt0817
IRS990/CYOtherExpensesAmt0127068
IRS990/CYOtherRevenueAmt01
IRS990/CYProgramServiceRevenueAmt0314125
IRS990/CYRevenuesLessExpensesAmt0-37161
IRS990/CYSalariesCompEmpBnftPaidAmt0229856
IRS990/CYTotalExpensesAmt0357424
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0320263
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt03897
IRS990/DepreciationDepletionGrp/TotalAmt03897
IRS990/Desc0TO UTILIZE BROAD-BASED COMMUNITY SUPPORT FOR THE EXPANSION OF GALVESTON ISLAND'S ECONOMIC AND TAX BASES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt0340438
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02975
IRS990/FeesForServicesAccountingGrp/TotalAmt02975
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt413682
IRS990/Form990PartVIISectionAGrp/PersonNm0FRED RASCHKE
IRS990/Form990PartVIISectionAGrp/PersonNm1GWEN WAGNER
IRS990/Form990PartVIISectionAGrp/PersonNm2WILLIAM RIDER
IRS990/Form990PartVIISectionAGrp/PersonNm3JIM POZZI
IRS990/Form990PartVIISectionAGrp/PersonNm4JEFF SJOSTROM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4132000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXEC DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GrantAmt0500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0500
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0320263
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0980
IRS990/InsuranceGrp/ProgramServicesAmt03662
IRS990/InsuranceGrp/TotalAmt04642
IRS990/InvestmentIncomeGrp/ExclusionAmt0817
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0817
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt088480
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08933
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05575
IRS990/LandBldgEquipCostOrOtherBssAmt094055
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROMOTE AND DEVELOP ECONOMIC DEVELOPMENT ACTIVITIES
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0259198
IRS990/NetAssetsOrFundBalancesEOYAmt0222037
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt03870
IRS990/OccupancyGrp/TotalAmt03870
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01440
IRS990/OfficeExpensesGrp/ProgramServicesAmt01999
IRS990/OfficeExpensesGrp/TotalAmt03439
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt014232
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014232
IRS990/OtherExpensesGrp/Desc0DEVELOPER DAY EXPENSES
IRS990/OtherExpensesGrp/Desc1MARKETING EXP
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP DUES
IRS990/OtherExpensesGrp/Desc3LOCAL CLIENT ENTERTAINM
IRS990/OtherExpensesGrp/ProgramServicesAmt089097
IRS990/OtherExpensesGrp/ProgramServicesAmt14098
IRS990/OtherExpensesGrp/ProgramServicesAmt22012
IRS990/OtherExpensesGrp/ProgramServicesAmt31739
IRS990/OtherExpensesGrp/TotalAmt089097
IRS990/OtherExpensesGrp/TotalAmt14098
IRS990/OtherExpensesGrp/TotalAmt22012
IRS990/OtherExpensesGrp/TotalAmt31739
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0ROUNDING
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01
IRS990/OtherRevenueTotalAmt01
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08733
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt060898
IRS990/OtherSalariesAndWagesGrp/TotalAmt069631
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0668
IRS990/PayrollTaxesGrp/ProgramServicesAmt013325
IRS990/PayrollTaxesGrp/TotalAmt013993
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0FRED RASCHKE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900009
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1DEVELOPER DAY
IRS990/ProgramServiceRevenueGrp/Desc2PROGRAM SERVICE REVENU
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0196750
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt195375
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt222000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0196750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt195375
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt222000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0921
IRS990/PYOtherExpensesAmt0127157
IRS990/PYOtherRevenueAmt0608
IRS990/PYProgramServiceRevenueAmt0426600
IRS990/PYRevenuesLessExpensesAmt077306
IRS990/PYSalariesCompEmpBnftPaidAmt0223666
IRS990/PYTotalExpensesAmt0350823
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0428129
IRS990/ReconcilationRevenueExpnssAmt0-37161
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0314126
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0241263
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0211775
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt05575
IRS990ScheduleD/EquipmentGrp/DepreciationAmt088480
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt094055
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05575
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION IS STRUCTURED BY MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS ARE ELECTED BY MEMBERSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED BY AUTHORIZED SIGNER BEFORE MAILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0259198
IRS990/TotalAssetsEOYAmt0222037
IRS990/TotalAssetsGrp/BOYAmt0259198
IRS990/TotalAssetsGrp/EOYAmt0222037
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt05320
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016986
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0340438
IRS990/TotalFunctionalExpensesGrp/TotalAmt0357424
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0259198
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0222037
IRS990/TotalOtherCompensationAmt013682
IRS990/TotalProgramServiceExpensesAmt0340438
IRS990/TotalProgramServiceRevenueAmt0314125
IRS990/TotalReportableCompFromOrgAmt0132000
IRS990/TotalRevenueGrp/ExclusionAmt0817
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0314126
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0320263
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0259198
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0222037
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0890
IRS990/TravelGrp/TotalAmt0890
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0259198
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0222037
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 8029
IRS990/USAddress/CityNm0GALVESTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077553
IRS990/VotingMembersGoverningBodyCnt022
IRS990/VotingMembersIndependentCnt022
IRS990/WebsiteAddressTxt0WWW.GEDP.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFF SJOSTROM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04097700216
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GALVESTON ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PARTNERSHIP
ReturnHeader/Filer/BusinessNameControlTxt0GALV
ReturnHeader/Filer/EIN0760582349
ReturnHeader/Filer/PhoneNum04097700216
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 8029
ReturnHeader/Filer/USAddress/CityNm0GALVESTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0775538029
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760448495
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HAM LANGSTON & BREZINA LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01011 TREMONT STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GALVESTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077550
ReturnHeader/PreparerPersonGrp/PhoneNum04097659311
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM C ANSELL CPA
ReturnHeader/ReturnTs02016-11-15T11:25:35-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$222,037
Liabilities
$0
Net assets
$222,037
Revenue
$320,263
Expenses
$357,424
Net income
-$37,161
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.41$0.34$0.06$2.50$3.03$0.53
2024Detailed filing. Detailed filing data is available for this year.$0.79$0.20$0.59$3.06$2.93$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$2.70$2.82$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.61$0.03$0.58$2.62$2.61$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$2.99$3.11$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$3.13$2.82$0.32
2019Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$3.05$3.23$0.18
2018Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$2.88$3.51$0.63
2017Detailed filing. Detailed filing data is available for this year.$1.84$0.65$1.19$2.36$3.07$0.71
2016Detailed filing. Detailed filing data is available for this year.$1.91$0.00$1.91$3.47$3.79$0.32
2015Detailed filing. Detailed filing data is available for this year.$2.22$0.00$2.22$3.20$3.57$0.37
2014Detailed filing. Detailed filing data is available for this year.$2.59$0.00$2.59$4.28$3.51$0.77
2013Detailed filing. Detailed filing data is available for this year.$1.82$0.00$1.82$2.08$3.06$0.98
2012Summary only. Only limited summary data is available for this year.$2.80$0.00$2.80$4.93$4.14$0.79
2011Summary only. Only limited summary data is available for this year.$2.01$0.00$2.01$3.09$2.82$0.27
2010Summary only. Only limited summary data is available for this year.$1.74$0.00$1.74$2.49$2.42$0.07