Overview
What is South Houston Economic Development Corp?
South Houston Economic Development Corp is a nonprofit organization situated in South Houston, Texas. Their primary objective is to foster economic growth and enhance city improvements within the area. They accomplish this by submitting various projects to their board of directors for approval. Once approved, funds are disbursed to aid in financing these projects, contributing to better city services and economic development. The organization, with a small team of one employee, plays a significant role in shaping South Houston's economic landscape by supporting and funding development projects.
Official website here: www.southhoustontx.gov
Is South Houston Economic Development Corp legitimate?
South Houston Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Houston Economic Development Corp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $173,676
For more financial information, click here
Official website here: www.southhoustontx.gov
What is the mission statement of South Houston Economic Development Corp?
The South Houston Economic Development Corp has a mission to aid in the improvement of city services and stimulate economic growth within the city. This organization assists in funding projects that aim to enhance economic development. By submitting various proposals to their board of directors, they provide financial assistance to help cover the expenses of these projects once approved. This initiative ultimately contributes to the betterment and progress of the city.
Official website here: www.southhoustontx.gov
Who is the CEO of South Houston Economic Development Corp?
Al Thiel is the Chairman of South Houston Economic Development Corp.
Official website here: www.southhoustontx.gov
What is the revenue of South Houston Economic Development Corp?
South Houston Economic Development Corp's revenue in 2023 was $1,280,909.
Official website here: www.southhoustontx.gov
Who are the executives of South Houston Economic Development Corp and what are their salaries?
The average compensation at South Houston Economic Development Corp during 2023 was $173,676. There is 1 employee at South Houston Economic Development Corp.
Here are 6 key members and their salaries:
- Compensation: $5,580
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.southhoustontx.gov
Where can I find the form 990 for South Houston Economic Development Corp?
South Houston Economic Development Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.southhoustontx.gov
Learn more at the official website: www.southhoustontx.gov
Mission Statement of South Houston Economic Development Corp
South Houston Economic Development Corporation, abbreviated as SHED Corp, is committed to aiding and funding projects that contribute to the enhancement of city services and stimulate economic development within the city of South Houston, Texas. The organization's primary objective is to improve the economic landscape of the city and support various projects that align with this goal. Once proposals are submitted to the Board of Directors, they are reviewed and, upon approval, funds are disbursed to assist in financing these projects. By providing financial assistance, SHED Corp plays a significant role in fostering development and improvements within the city, ultimately contributing to a more prosperous and service-rich community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The South Houston Economic Development Corp plays a crucial role in enhancing the economic landscape of South Houston, Texas. By assisting and funding city service improvement projects, the organization drives both infrastructure development and community enhancements. Various projects are submitted for approval by the board of directors, ensuring that initiatives align with local needs and priorities.
The impact of these initiatives is significant. Improved city services can lead to a more attractive environment for businesses and residents alike, fostering economic growth and community engagement. By strategically investing in projects, the South Houston Economic Development Corp not only supports immediate improvements but also lays the groundwork for sustainable economic development in the future, ultimately contributing to a thriving community.
This information is meant to be a general summary of South Houston Economic Development Corp. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $18,927
- Program Service Revenue: $1,261,982
- Gross Receipts: $1,280,909
Assets and Liabilities:
- Total Assets: $1,406,231
- Total Liabilities: $101,629
- Net Assets: $1,304,602
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REVENUE
Revenue
$1,261,982
Organization Details
Founding Year
2005
Principal Officer
Al Thiel
Main Address
PO BOX 234, SOUTH HOUSTON, TX, 77587
Website
www.southhoustontx.govNTEE Category
Code: S11 - Community improvement
If you are a representative of South Houston Economic Development Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.