Overview
What is Capital Economic Progress Corporation?
Capital Economic Progress Corporation is a nonprofit organization situated in Travis County. Its primary role involves issuing both taxable and tax-exempt bonds to finance various projects, aiming to foster economic development. The corporation's initiatives extend to sectors such as housing and healthcare, aiming to improve the living conditions and well-being of the county's citizens. Despite being in the development stages during the recent year, Capital Economic Progress Corporation did not engage in significant activities, but its objective to promote economic growth remains steadfast.
Official website here: www.corporations.traviscountytx.gov/corporati
Is Capital Economic Progress Corporation legitimate?
Capital Economic Progress Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital Economic Progress Corporation submitted a form 990EZ, 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.
Official website here: www.corporations.traviscountytx.gov/corporati
What is the mission statement of Capital Economic Progress Corporation?
The Capital Economic Progress Corporation's mission involves issuing both taxable and tax-exempt bonds to aid in the financing of various projects, primarily focusing on economic development. This organization actively participates in activities that promote economic growth, with a specific focus on sectors like housing and healthcare. In the current year, due to its developmental stage, the corporation did not engage in significant activities. However, its primary objective remains to contribute positively to the economic well-being of the citizens of an unspecified location.
Official website here: www.corporations.traviscountytx.gov/corporati
Who is the CEO of Capital Economic Progress Corporation?
Andy Brown is the President of Capital Economic Progress Corporation.
Official website here: www.corporations.traviscountytx.gov/corporati
What is the revenue of Capital Economic Progress Corporation?
Capital Economic Progress Corporation's revenue in 2022 was $0.
Official website here: www.corporations.traviscountytx.gov/corporati
Who are the executives of Capital Economic Progress Corporation and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.corporations.traviscountytx.gov/corporati
Where can I find the form 990EZ for Capital Economic Progress Corporation?
Capital Economic Progress Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.corporations.traviscountytx.gov/corporati
Learn more at the official website: www.corporations.traviscountytx.gov/corporati
Mission Statement of Capital Economic Progress Corporation
Capital Economic Progress Corporation, in its mission, issues both taxable and tax-exempt bonds to aid in financing various projects. This nonprofit organization is dedicated to promoting economic development, benefiting the citizens of Travis County. The corporation's activities extend beyond bond issuance, as it also participates in initiatives that support housing and healthcare developments. Despite being in the developmental stages for the current year, Capital Economic Progress Corporation has not engaged in significant activities yet. However, its long-term objective remains clear: to contribute to the economic progress of its community by providing financial assistance for various projects.
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Impact
October, 2024
Capital Economic Progress Corporation plays a crucial role in fostering economic growth in Travis County by issuing taxable and tax-exempt bonds that support financing for various projects. Its focus on initiatives related to housing and healthcare directly benefits the community by facilitating access to essential services and improving living conditions. While the corporation is currently in the development stages and hasn’t engaged in significant activities this year, its mission to promote economic development remains vital for enhancing the quality of life for citizens in Austin, Texas. Through its future projects, Capital Economic Progress Corporation is positioned to make a meaningful impact on the community's economic landscape.
This information is meant to be a general summary of Capital Economic Progress 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.
Assets and Liabilities:
- Total Assets: $482,766
- Total Liabilities: $484,941
- Net Assets: -$2,175
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Organization Details
Phone
(512) 854-4743Principal Officer
Andy Brown
Main Address
700 LAVACA ST STE 1560, AUSTIN, TX, 78701
NTEE Category
Code: P11 - Human services
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