Seguin Economic Development Corporation

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

EIN: 742758230 ✦ Seguin, TX ✦ Designated as a 501(c)(4)

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Overview

What is Seguin Economic Development Corporation?

The Seguin Economic Development Corporation is a nonprofit organization situated in Seguin, Texas. Its primary mission is to stimulate and enhance business growth, economic development, facility infrastructure, and workforce development within the city of Seguin. They accomplish this mission by strategically allocating funds to foster a thriving business environment. Their activities are centered around promoting economic growth and development for the betterment of Seguin, Texas.

Is Seguin Economic Development Corporation legitimate?

Seguin Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Seguin Economic Development Corporation 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: $0

For more financial information, click here

What is the mission statement of Seguin Economic Development Corporation?

The Seguin Economic Development Corporation serves a mission to foster and boost economic growth in various sectors for a city, without specifying the location. This is achieved by encouraging and promoting businesses, economic development, facility infrastructure, and workforce development through the strategic expenditure of funds. By doing so, the corporation aims to contribute positively to the city's economic landscape, ultimately enhancing its overall development.

Who is the CEO of Seguin Economic Development Corporation?

Carlos Moreno is the President of Seguin Economic Development Corporation.

What is the revenue of Seguin Economic Development Corporation?

Seguin Economic Development Corporation's revenue in 2022 was $2,030,827.

Who are the executives of Seguin Economic Development Corporation and what are their salaries?


Here are 6 key members and their salaries:


Robert Meservey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Moreno (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Engelke (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Keil (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Schneuker (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Bennett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Seguin Economic Development Corporation?

Seguin Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Seguin Economic Development Corporation

The Seguin Economic Development Corporation, in its mission, strives to foster and boost economic growth in Seguin, Texas. This nonprofit organization actively works towards encouraging and promoting business development, as well as improving facility infrastructure and workforce development within the city. To achieve this, the corporation expends funds, playing a vital role in driving economic progress and development within Seguin.

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Impact




October, 2024

The Seguin Economic Development Corporation significantly impacts the city of Seguin, Texas, by fostering growth in various key areas. By actively promoting business expansion, economic development, and workforce improvement, the organization plays a crucial role in enhancing the local economy. Its initiatives support facility infrastructure enhancements, creating a more robust environment for businesses to thrive.

Through targeted funding and strategic planning, the Seguin Economic Development Corporation helps attract new businesses and retain existing ones, ultimately benefiting local residents through job creation and career development opportunities. This commitment to community improvement not only strengthens Seguin's economic foundation but also enriches the overall quality of life for its citizens, making it a more vibrant and prosperous community.




This information is meant to be a general summary of Seguin Economic Development Corporation. 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
$2,030,827 (2022)
Expenses
$769,128 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32,039
  • Gross Receipts: $2,030,827

Assets and Liabilities:

  • Total Assets: $6,919,196
  • Total Liabilities: $1,271,611
  • Net Assets: $5,647,585

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Organization Details

Founding Year

1994

Principal Officer

Carlos Moreno

Main Address

205 N RIVER ST, SEGUIN, TX, 78155

NTEE Category

Code: S31 - Community improvement

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