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Katy Area Economic Development Council

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200321679 ✦ Katy, TX ✦ Designated as a 501(c)(6)

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Overview

What is Katy Area Economic Development Council?

The Katy Area Economic Development Council is a nonprofit organization situated in Katy, Texas, with a primary focus on fostering economic growth and development in the area. Based at 2002 W Grand Parkway North, this organization conducts regular meetings for its members to discuss business-related matters. It collaborates with the Katy Area Chamber of Commerce, the City of Katy, and local counties to promote economic development in the Katy region. The council advocates for excellence in public education and has a mission to establish Katy as a top location for both families and businesses through planned economic growth. With a team of eight dedicated individuals, the Katy Area Economic Development Council strives to pursue, enhance, maintain, and promote sustainable economic development in the Katy area.


Official website here: www.katyedc.org

Is Katy Area Economic Development Council legitimate?

Katy Area Economic Development Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. Katy Area Economic Development Council submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $244,957
Professional Fundraising Fees: $0
Other Salaries and Wages: $89,410

For more financial information, click here


Official website here: www.katyedc.org

What is the mission statement of Katy Area Economic Development Council?

The Katy Area Economic Development Council's mission is to establish a notable location for both families and businesses, fostering planned economic growth and development. By pursuing, enhancing, maintaining, and promoting economic development, they aim to elevate the economic standing of the area. Regular meetings are held for members to discuss business-related issues, and they collaborate with local entities such as the Katy Area Chamber of Commerce and the city and county governments to further promote economic development. Additionally, they advocate for excellence in public education, playing a significant role in the area's overall development and progress.


Official website here: www.katyedc.org

Who is the CEO of Katy Area Economic Development Council?

Scott Bartholomaus is the Treasurer of Katy Area Economic Development Council. The CEO's salary of Katy Area Economic Development Council is $75,082 and their total compensation is $75,082.


Official website here: www.katyedc.org

What is the revenue of Katy Area Economic Development Council?

Katy Area Economic Development Council's revenue in 2022 was $578,174.


Official website here: www.katyedc.org

Who are the executives of Katy Area Economic Development Council and what are their salaries?

The average compensation at Katy Area Economic Development Council during 2022 was $41,796. There are 8 employees at Katy Area Economic Development Council.


Here are 33 key members and their salaries (Katy Area Economic Development Council's CEO's salary is $75,082 and their total compensation is $75,082):


Angela Thomason (Interim President/Ceo)
  • Compensation: $75,082
  • Related: $0
  • Other: $0
Charles H Martinez (President/Ceo)
  • Compensation: $169,874
  • Related: $0
  • Other: $0
Scott Bartholomaus (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Champion (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Chalker (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Lawler (Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Kurt (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Downy Vickery (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Boggio (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Goss (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Ashworth (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Linn (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Masaud Baaba (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Stoops (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Garza (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Grisham (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Byron Hebert (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Frith (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Wright (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginger Baldwin (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Neal (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Black (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Anzivino (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karla Decuir (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerry Gilbert (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Gehringer (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rainer Ficken (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Phillips (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Gilpin (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Glenn (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Callegari (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wesley Martin (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Woody Mann (Board Of Governors)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.katyedc.org

Where can I find the form 990 for Katy Area Economic Development Council?

Katy Area Economic Development Council's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.katyedc.org

Learn more at the official website: www.katyedc.org

Mission Statement of Katy Area Economic Development Council

The Katy Area Economic Development Council, as a proactive organization, strives to position Katy as an exceptional location for both families and businesses. With a focus on deliberate economic growth and development, the council works tirelessly to enhance the region's economic standing. By conducting regular meetings for its members, the council facilitates discussions on business-related issues, fostering a collaborative environment. The Katy Area Economic Development Council also collaborates closely with the Katy Area Chamber of Commerce and local city authorities and counties, joining forces to promote economic growth and development in the area. Furthermore, the council advocates for excellence in public education, playing a pivotal role in driving the region's prosperity.

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Impact




October, 2024

The Katy Area Economic Development Council plays a crucial role in positioning the Katy area as a top choice for families and businesses through strategic economic growth and development initiatives. By focusing on enhancing, maintaining, and promoting economic development, the Council actively engages with local stakeholders, conducting monthly meetings to address business challenges and opportunities.

Their partnership with the Katy Area Chamber of Commerce and local governments fosters a collaborative approach to advancing the region's economic interests. This collective effort not only attracts new businesses but also supports the existing ones, ensuring a robust local economy. Furthermore, by advocating for excellence in public education, the Council contributes to creating a well-rounded community environment that is appealing to both residents and businesses alike. Overall, their impact encompasses a comprehensive strategy aimed at improving community conditions and driving sustainable economic prosperity in Katy, Texas.




This information is meant to be a general summary of Katy Area Economic Development Council. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$578,174 (2022)
Expenses
$645,087 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $132
  • Gross Receipts: $578,174

Assets and Liabilities:

  • Total Assets: $206,577
  • Total Liabilities: $264,559
  • Net Assets: -$57,982

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Organization Details

Founding Year

2003

Principal Officer

Scott Bartholomaus

Main Address

2002 W GRAND PARKWAY NORTH, KATY, TX, 77449

NTEE Category

Code: S41 - Community improvement

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