Comanche Texas Economic Developement Corporation FY2021 filing

Not tax-deductible

Comanche, TX501(c)(4)Since 1996EIN 75-2664208Revenue $345K in FY2021

On file with the IRSPo Box 144, 76442-0144 · Comanche, TXTax-exempt since Sep 1997

This page gets seen. Tell your story. Claim this org.

Community industrial development

69¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $210K a year · 48% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
28 mo
of spending, in cash
Looks good: 27.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$12K
1.0% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$345K
+10% vs prior year
Spent
$324K
To programs
69%
Net assets
$1.2M
By yearFY2020–FY2025
Revenue
$345K
FY2021▲ +10%
Tap a bar for its year
Revenue by fiscal year
FY2020$314K
FY2021$345K
FY2022$446K
FY2023$475K
FY2024$461K
FY2025$560K
Expenses
$324K
FY2021▲ +41%
Tap a bar for its year
Expenses by fiscal year
FY2020$229K
FY2021$324K
FY2022$204K
FY2023$129K
FY2024$86K
FY2025$369K
Net assets
$1.2M
FY2021▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.2M
FY2021$1.2M
FY2022$1.4M
FY2023$1.8M
FY2024$2.2M
FY2025$2.4M

From the FY2021 Form 990 (year ending September 2021) · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1997.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $223K Management & general 31% · $101K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Comanche Texas Economic Developement Corporation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Builds businesses and jobs in local communities.

Questions for Comanche Texas Economic Developement Corporation

Tap to ask. Comanche Texas Economic Developement Corporation sees how many people are interested.

Your first name shows with your question. Comanche Texas Economic Developement Corporation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $223K · in their own filed words · FY2020
01

Provide building for economic development

$213Kprogram expense
02

Advertising in trade and regional publications

$10Kprogram expense
03

Provide incentives for creation AND/OR retenion of jobs in the community

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 9 grants · $755K · 2019–2024
Impakt Ventures LLCFY2024$150,000
Repetend a LLCFY2024$147,735
Sister 2 SisterFY2024$50,000
Dollins Pecan Co INCFY2021$60,000
Comanche Gas SolutionsFY2021$37,500
Comanche County City AirportFY2020$175,000
Comanche Gas SolutionsFY2020$37,500
Comanche Gas SolutionsFY2019$67,500
U Name ITFY2019$30,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$345K
Ln 12
Other incomeLn 4–11$343K
Investment incomeLn 3$2K
Money outPt IX
$324K
Ln 25
Programscol B$223K
Managementcol C$101K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$746K
Total assetsLn 16$1.2M
LiabilitiesLn 26$12K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$2K
Other incomeLn 4–11$343K
Total revenueLn 12$345K
Assets in detailPt X, end of year
CashLn 1$379K
SavingsLn 2$367K
Cash and savings togetherLn 1–2$746K
Land, buildings, equipmentLn 10c$58K
Total assetsLn 16$1.2M
LiabilitiesLn 26$12K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 67
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$739K$746K
Land, buildings, equipmentLn 10c$60K$58K
Total assetsLn 16$1.2M$1.2M
LiabilitiesLn 26$23K$12K
Net assetsLn 32$1.2M$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$223K$223K
Accounting feesLn 11c$3K$0$3K$0
Office expensesLn 13$195$0$195$0
Conferences, conventions and meetingsLn 19$295$0$295$0
Depreciation, depletion and amortizationLn 22$2K$0$2K$0
InsuranceLn 23$720$0$720$0
Other expenses (24a–d)Ln 24$89K$0$89K$0
All other expensesLn 24e$6K$0$6K$0
Total functional expensesLn 25$324K$223K$101K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $560K$369K$191K$2.4M 990 PDF
FY2024 $461K$86K$375K$2.2M 990 PDF
FY2023 $475K$129K$346K$1.8M 990 PDF
FY2022 $446K$204K$242K$1.4M 990 PDF
FY2021 Viewing $345K$324K$21K$1.2M 990 PDF
FY2020 $314K$229K$85K$1.2M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $345,070 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $4,632$2,190
I-11 Other revenuePrior year $309,463$342,880
I-12 Total revenuePrior year $314,095$345,070
I-13 Grants and similar amounts paidPrior year $134,135$223,118
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $94,827$100,626
I-18 Total expensesPrior year $228,962$323,744
I-19 Revenue less expensesPrior year $85,133$21,326
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $345,070 across 4 lines filed
Lines not itemized here account for $275 of total revenue; see the IRS return.
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$2,190
VIII-6 Net rental income or lossRelated to mission $350$350
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $342,255 · Unrelated business $0 · Excluded from tax $0$342,255
VIII-12 Total revenueRelated to mission $345,070 · Unrelated business $0 · Excluded from tax $0$345,070
Part IX · Statement of functional expenses $323,744 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $223,118$223,118
IX-11c Accounting feesPrograms $0 · Management $2,660 · Fundraising $0$2,660
IX-13 Office expensesPrograms $0 · Management $195 · Fundraising $0$195
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $295 · Fundraising $0$295
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $2,155 · Fundraising $0$2,155
IX-23 InsurancePrograms $0 · Management $720 · Fundraising $0$720
IX-24 Other expenses (24a–d)Programs $0 · Management $88,717 · Fundraising $0$88,717
IX-24e All other expensesPrograms $0 · Management $5,884 · Fundraising $0$5,884
IX-25 Total functional expensesPrograms $223,118 · Management $100,626 · Fundraising $0$323,744
Part X · Balance sheet $1,218,719 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $374,394$379,224
X-2 Savings and temporary cash investmentsStart of year $364,696$366,591
X-4 Accounts receivableStart of year $55,574$60,956
X-8 Inventories for sale or useStart of year $354,299$354,299
X-10c Land, buildings and equipment, netStart of year $59,804$57,649
X-16 Total assetsStart of year $1,208,767$1,218,719
X-17 Accounts payable and accrued expensesStart of year $23,093$11,719
X-26 Total liabilitiesStart of year $23,093$11,719
X-27 Net assets without donor restrictionsStart of year $1,185,674$1,207,000
X-32 Total net assets or fund balancesStart of year $1,185,674$1,207,000
X-33 Total liabilities and net assetsStart of year $1,208,767$1,218,719
Part XI · Reconciliation of net assets $1,207,000 net assets at year end
XI-1 Total revenue$345,070
XI-2 Total expenses$323,744
XI-3 Revenue less expenses$21,326
XI-4 Net assets at start of year$1,185,674
XI-10 Net assets at end of year$1,207,000

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.