THE ECONOMIC DEVELOPMENT CORPORATION OF WESLACO
WESLACO,
Texas,
78596
EIN: 74-2588704
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
275 S KANSAS SUITE A
78596
COUNTY
hidalgo county, TX
ORGANIZATIONAL OVERVIEW & RANKINGS
THE ECONOMIC DEVELOPMENT CORPORATION OF WESLACO is a based in WESLACO, TX, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in March 1992, it operates as an independent corporation and contributions are not tax-deductible .
With total assets of $37,567,810.00, this ranks 22,692 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 1,401 out of 202,022 organizations in TX (Top 1%).
In hidalgo county, TX, the organization ranks 19 out of 2,341 nonprofits by assets (Top 1%), while locally in weslaco, it stands at 6 among 205 organizations (Top 2%).
The organization reported annual revenue of $8,559,382.00, ranking 33,627 nationally (Top 2%) and 1,723 in TX (Top 1%).
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, THE ECONOMIC DEVELOPMENT CORPORATION OF WESLACO ranks 33 in assets (Top 1%) and 53 in revenue (Top 2%).
The organization files a 990 - Not required to file (instrumentalities of states or political subdivisions) and operates on a August fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
2: Contributions are not deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Government instrumentality or agency see also 254
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
09/2023
ACCOUNTING PERIOD
09
INCOME CODE
7: $5,000,000 to $9,999,999
INCOME AMOUNT
$9,842,763.00
FORM 990 REVENUE AMOUNT
$8,559,382.00
RULING DATE
03/1992
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$37,567,810.00
FILING REQUIREMENT CODE
990 - Not required to file (instrumentalities of states or political subdivisions)
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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