Brazos Valley Economic Development Corporation

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

EIN: 760320089 ✦ Bryan, TX ✦ Designated as a 501(c)(6)

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Overview

What is Brazos Valley Economic Development Corporation?

The Brazos Valley Economic Development Corporation is a nonprofit organization based in Bryan, Texas. Their primary mission is to promote and facilitate activities that enhance the economic base of Brazos County. Specifically, they focus on attracting new non-retail businesses to the local area. To achieve this goal, they serve as a platform for community leaders to prepare Brazos County for economic growth and collaborate with the private sector, particularly in the areas of non-retail, residential economic development. The organization assists companies in launching, growing, and relocating within Brazos County, fostering its overall economic growth.


Official website here: www.brazosvalleyedc.org

Is Brazos Valley Economic Development Corporation legitimate?

Brazos Valley Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Brazos Valley 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: $222,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $353,140

For more financial information, click here


Official website here: www.brazosvalleyedc.org

What is the mission statement of Brazos Valley Economic Development Corporation?

The Brazos Valley Economic Development Corporation's mission is centered around promoting and facilitating activities that boost the economic base of the region, specifically Brazos County. Their primary objective is to foster economic growth beyond municipal boundaries. The corporation serves as a platform for community leaders to collaborate and prepare Brazos County for economic advancements. They are recognized as the organization in Brazos County where cities and the county formally convene with the private sector, with a focus on non-retail, non-residential economic development. Furthermore, the Brazos Valley Economic Development Corporation assists companies in launching, expanding, and relocating within Brazos County.


Official website here: www.brazosvalleyedc.org

Who is the CEO of Brazos Valley Economic Development Corporation?

Seth Mckinney is the Chairman of Brazos Valley Economic Development Corporation.


Official website here: www.brazosvalleyedc.org

What is the revenue of Brazos Valley Economic Development Corporation?

Brazos Valley Economic Development Corporation's revenue in 2022 was $1,899,581.


Official website here: www.brazosvalleyedc.org

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

There 44 volunteers at Brazos Valley Economic Development Corporation.


Here are 16 key members and their salaries:


Bobby Guiterrez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Peters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Aldrich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Mckinney (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Maloney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Bienski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Royce Hickman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Kleeman (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amos Mcdonald (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clint Cooper (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Hartman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Nichols (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Mogford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Elabd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caleb Holt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Prochaska (President)
  • Compensation: $222,650
  • Related: $0
  • Other: $22,265


Official website here: www.brazosvalleyedc.org

Where can I find the form 990 for Brazos Valley Economic Development Corporation?

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


Official website here: www.brazosvalleyedc.org

Learn more at the official website: www.brazosvalleyedc.org

Mission Statement of Brazos Valley Economic Development Corporation

The Brazos Valley Economic Development Corporation, abbreviated as BVEDC, is committed to promoting and facilitating activities that enhance the economic base of Brazos County. Their mission is to pursue the economic growth of Brazos County without being constrained by municipal boundaries. The BVEDC serves as a convening point for community leaders, bringing together city and county officials and the private sector with a shared focus on non-retail, non-residential economic development. The organization plays a pivotal role in assisting companies in launching, expanding, and relocating within Brazos County, thereby contributing to the economic prosperity of the region.

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Impact




October, 2024

Brazos Valley Economic Development Corporation plays a crucial role in enhancing the economic landscape of Brazos County, Texas. By focusing on attracting new non-retail businesses, the organization actively promotes activities that bolster the local economy. Its mission emphasizes collaboration across municipal boundaries, bringing together community leaders and the private sector to strategize for sustainable economic growth.

The BVEDC serves as a vital connector, facilitating conversations and partnerships that prepare the area for future development. This coordinated effort helps companies to launch, grow, and establish their operations in Brazos County, ultimately leading to job creation and increased investment in the region. Through these initiatives, the organization not only aids in the immediate economic landscape but also contributes to the long-term viability and prosperity of the community as a whole.




This information is meant to be a general summary of Brazos Valley 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
$1,899,581 (2022)
Expenses
$1,397,581 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,526
  • Program Service Revenue: $56,013
  • Gross Receipts: $1,899,581

Assets and Liabilities:

  • Total Assets: $2,604,667
  • Total Liabilities: $48,903
  • Net Assets: $2,555,764

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SMALL BUSINESS FORUM

Revenue

$38,005

INTERNATIONAL GATEWAY

Revenue

$18,008

Organization Details

Founding Year

1989

Principal Officer

Seth Mckinney

Main Address

1716 BRIARCREST DRIVE 714, BRYAN, TX, 77802

NTEE Category

Code: S30 - Community improvement

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