Overview
What is South Texas Economic Development Corporation Inc?
South Texas Economic Development Corporation Inc is a nonprofit organization that is committed to addressing the housing needs of low-income families. Their primary focus is on developing affordable housing solutions, aiming to make homeownership or rental options more accessible and affordable for this demographic. The organization's mission is deeply rooted in this cause, ensuring they continually work towards this objective. While specific details about their activities or reach beyond South Texas were not provided, the organization's dedication to this cause remains evident in their mission statement.
Is South Texas Economic Development Corporation Inc legitimate?
South Texas Economic Development Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Texas Economic Development Corporation Inc 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: $36,604
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of South Texas Economic Development Corporation Inc?
The South Texas Economic Development Corporation Inc's primary mission is centered around providing affordable housing solutions. They dedicate their efforts to cater to the needs of low to moderate income families, working tirelessly to develop housing options that are within their financial reach. Their mission is a crucial part of their operations, focusing solely on this vital aspect of community development.
Who is the CEO of South Texas Economic Development Corporation Inc?
Andrea Roldan is the Director of South Texas Economic Development Corporation Inc.
What is the revenue of South Texas Economic Development Corporation Inc?
South Texas Economic Development Corporation Inc's revenue in 2022 was $253,553.
Who are the executives of South Texas Economic Development Corporation Inc and what are their salaries?
The average compensation at South Texas Economic Development Corporation Inc during 2022 was $18,302. There are 2 employees at South Texas Economic Development Corporation Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for South Texas Economic Development Corporation Inc?
South Texas Economic Development Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of South Texas Economic Development Corporation Inc
South Texas Economic Development Corporation, in its mission, focuses on developing affordable housing for families with low to moderate income. This nonprofit organization is dedicated to addressing the housing needs of this demographic, working tirelessly to create suitable living spaces for them. By prioritizing affordable housing, South Texas Economic Development Corporation aims to contribute positively to the community, ensuring that everyone has a place to call home, regardless of their financial situation.
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Impact
October, 2024
South Texas Economic Development Corporation Inc plays a crucial role in enhancing the quality of life for low to moderate-income families by focusing on the development of affordable housing in the region. By addressing the housing needs of underserved communities, the organization contributes to the stability and growth of the local economy in cities like Weslaco, TX.
Through its initiatives, the corporation not only provides safe and affordable living options but also fosters community development, encourages local investment, and supports job creation. The availability of affordable housing helps families secure stable environments, which can lead to improved educational and employment outcomes. Overall, the South Texas Economic Development Corporation Inc significantly impacts social and economic well-being in South Texas by empowering families and strengthening community ties.
This information is meant to be a general summary of South Texas Economic Development Corporation Inc. 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 2022.
- Investment Income: $34
- Gross Receipts: $253,553
Assets and Liabilities:
- Total Assets: $1,621,849
- Total Liabilities: $159,661
- Net Assets: $1,462,188
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Organization Details
Founding Year
1996
Phone
(956) 969-3024Principal Officer
Andrea Roldan
Main Address
1800 N TEXAS BLVD, WESLACO, TX, 78599
NTEE Category
Code: L20 - Housing
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