Overview
What is Greater Satx?
Greater SATX, based in San Antonio, Texas, is a nonprofit organization dedicated to supporting business growth and expansion in the region. Established with backing from the City of San Antonio, Bexar County, CPS Energy, SAWS, and over 200 private sector investors, Greater SATX has been instrumental in assisting over 130 companies to expand since 2017, resulting in nearly 27,000 new job opportunities and an investment of approximately $6 billion. The organization offers a range of services to businesses, including analyzing the local labor market, arranging community briefings and custom city tours, introducing potential partners, identifying and packaging local/state incentives, and organizing specialized market research, all at no cost to its clients. Greater SATX's mission is to drive the development and diversification of the San Antonio regional economy by attracting and expanding qualifying employers and investment opportunities.
Official website here: www.greatersatx.com
Is Greater Satx legitimate?
Greater Satx is a legitimate nonprofit organization registered as a 501(c)(6) entity. Greater Satx 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: $1,107,972
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,769,895
For more financial information, click here
Official website here: www.greatersatx.com
What is the mission statement of Greater Satx?
Greater Satx, a nonprofit organization, is committed to driving the growth and diversification of a regional economy. This is achieved by attracting and expanding qualified employers and job-producing investments. The organization provides valuable assistance to businesses, facilitating their relocation or expansion into the region. Greater Satx is backed by various partners and investors, including the City of San Antonio, Bexar County, CPS Energy, and SAWS. Since its establishment in 2017, Greater Satx has successfully assisted over 130 companies, leading to the creation of nearly 27,000 new jobs and an investment of approximately $6 billion. The organization offers services such as analyzing labor markets, arranging community briefings, and introducing businesses to local partners, among others, to support the relocation and expansion process.
Official website here: www.greatersatx.com
Who is the CEO of Greater Satx?
Jenna Saucedo-Herrera is the CEO of Greater Satx The CEO's salary of Greater Satx is $404,894 and their total compensation is $419,461.
Official website here: www.greatersatx.com
What is the revenue of Greater Satx?
Greater Satx's revenue in 2023 was $5,332,245.
Official website here: www.greatersatx.com
Who are the executives of Greater Satx and what are their salaries?
The average compensation at Greater Satx during 2023 was $95,929. There are 30 employees at Greater Satx.
Here are 33 key members and their salaries (Greater Satx's CEO's salary is $404,894 and their total compensation is $419,461):
- Compensation: $404,894
- Related: $0
- Other: $14,567
- Compensation: $261,070
- Related: $0
- Other: $20,651
- Compensation: $203,905
- Related: $0
- Other: $15,559
- Compensation: $172,934
- Related: $0
- Other: $17,753
- Compensation: $178,083
- Related: $0
- Other: $9,243
- Compensation: $155,900
- Related: $0
- Other: $8,129
- Compensation: $145,490
- Related: $0
- Other: $14,020
- Compensation: $119,642
- Related: $0
- Other: $12,233
- Compensation: $106,729
- Related: $0
- Other: $11,628
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Official website here: www.greatersatx.com
Where can I find the form 990 for Greater Satx?
Greater Satx's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.greatersatx.com
Learn more at the official website: www.greatersatx.com
Mission Statement of Greater Satx
Greater SATX, a nonprofit organization, is committed to driving the development and diversification of the regional economy in San Antonio. They achieve this mission by attracting and fostering the growth of qualified employers and job-producing investments. This private organization operates with support from its partners, including the City of San Antonio, Bexar County, CPS Energy, and SAWS, as well as over 200 private sector investors. Since its inception in 2017, Greater SATX has assisted over 130 companies in expanding their operations in the San Antonio region, leading to the creation of nearly 27,000 new jobs and an investment of approximately $6 billion.
In its role, Greater SATX provides businesses with valuable information to aid in the analysis of establishing or relocating a facility in San Antonio. This service is offered confidentially and without charge to their clients. Greater SATX's comprehensive assistance includes analyzing the local labor market, arranging community briefings and custom city tours, introducing businesses to community partners, identifying available incentives, organizing specialized market research, and following through with the development process. Their goal is to make the relocation process as smooth as possible for businesses, contributing to the overall economic growth and diversification of the San Antonio region.
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Impact
October, 2024
Greater:SATX plays a pivotal role in shaping the economic landscape of the San Antonio region. By focusing on the recruitment and expansion of qualified employers, the organization has significantly contributed to job creation and capital investment in the area. Since its inception in 2017, Greater:SATX has facilitated the expansion of over 130 companies, leading to the creation of nearly 27,000 new jobs and generating approximately $6 billion in total capital investment.
The organization provides critical support to businesses looking to establish or relocate their operations in San Antonio, offering a range of services designed to streamline the process. These include analyzing the labor market, arranging community briefings and tailored city tours, connecting businesses with community partners, identifying local and state incentives, and delivering specialized market research. This strategic assistance is offered with a commitment to confidentiality and at no cost to the companies, ensuring a welcoming and efficient environment for business growth.
By uniting public and private sector partners, Greater:SATX exemplifies collaboration aimed at fostering economic diversification and resilience. Through its initiatives, the organization not only boosts the local economy but also enhances the overall quality of life in San Antonio, showcasing the region as an attractive destination for businesses and talent alike.
This information is meant to be a general summary of Greater Satx. 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: $4,617
- Program Service Revenue: $1,871,663
- Gross Receipts: $5,332,245
Assets and Liabilities:
- Total Assets: $5,400,094
- Total Liabilities: $2,085,557
- Net Assets: $3,314,537
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MARKETING SERVICES
Revenue
$1,871,663
Organization Details
Founding Year
1965
Principal Officer
Jenna Saucedo-Herrera
Website
www.greatersatx.comNTEE Category
Code: S40 - Community improvement
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