Overview
What is Has Development Corporation?
Has Development Corporation is a nonprofit organization situated in Houston, Texas, specifically at 550 WESTCOTT 350. Their primary focus is to promote air transportation, trade, and economic development, benefiting the Houston Airport System. They achieve this objective by offering airport technical advisory services and personnel training, not just within their local area, but also to airports worldwide. To generate revenue, they operate under contractual arrangements. With a small team of three dedicated individuals, Has Development Corporation contributes to the growth and improvement of air transport and related industries globally.
Official website here: www.hasdc.net
Is Has Development Corporation legitimate?
Has Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Has 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: $830,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.hasdc.net
What is the mission statement of Has Development Corporation?
The Has Development Corporation's mission is centered around promoting air transportation, trade, and economic development. This is done primarily for the benefit of various airport systems, with a particular focus on Houston's. The organization additionally offers services, including airport technical advisory and personnel training, to airports globally. To generate revenue, they provide these technical advisory services based on contractual agreements.
Official website here: www.hasdc.net
Who is the CEO of Has Development Corporation?
Ada Silva is the Chairman Of The Board of Has Development Corporation.
Official website here: www.hasdc.net
What is the revenue of Has Development Corporation?
Has Development Corporation's revenue in 2022 was $3,684,253.
Official website here: www.hasdc.net
Who are the executives of Has Development Corporation and what are their salaries?
The average compensation at Has Development Corporation during 2022 was $276,667. There are 3 employees at Has Development Corporation.
Here are 6 key members and their salaries:
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- Compensation: $240,000
- Related: $0
- Other: $0
- Compensation: $335,000
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- Compensation: $255,000
- Related: $0
- Other: $0
Official website here: www.hasdc.net
Where can I find the form 990 for Has Development Corporation?
Has Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hasdc.net
Learn more at the official website: www.hasdc.net
Mission Statement of Has Development Corporation
Has Development Corporation, in its mission, aims to foster air transportation, trade, and economic development for the benefit of various airport systems worldwide. This organization serves as a resource, offering services such as airport technical advisory and personnel training. Its primary objective is to enhance the performance and efficiency of airports globally, contributing to a broader sphere of economic growth. Through contractual agreements, Has Development Corporation generates revenue by providing its expert airport technical advisory services.
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Impact
October, 2024
Has Development Corporation significantly influences the aviation sector by promoting air transportation, trade, and economic growth, particularly benefiting the Houston Airport System. Its work extends beyond local impact, as it provides airport technical advisory services and personnel training to airports globally. This supports operational efficiency and enhances airport management practices worldwide.
Through its revenue-generating consulting services, the organization helps airports optimize their operations, facilitating smoother trade and travel. This, in turn, contributes to broader economic development in the regions they serve. By fostering advancements in airport efficiency and training skilled personnel, Has Development Corporation plays a crucial role in enhancing the overall infrastructure and connectivity within the aviation industry.
This information is meant to be a general summary of Has 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,359,248
- Program Service Revenue: $1,322,858
- Gross Receipts: $3,684,253
Assets and Liabilities:
- Total Assets: $19,888,772
- Total Liabilities: $161,472
- Net Assets: $19,727,300
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT CONTRACT FEES
Revenue
$732,003
TECHNICAL ACTIVITIES REVENUES
Revenue
$590,855
Organization Details
Founding Year
2001
Phone
(832) 646-2614Principal Officer
Ada Silva
Main Address
550 WESTCOTT 350, HOUSTON, TX, 77007
Website
www.hasdc.netNTEE Category
Code: W40 - Public benefit
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