Public Charity

KILLEEN ECONOMIC DEVELOPMENT

KILLEEN ECONOMIC DEVELOPMENT is a private foundation categorized as Public Charity based in KILLEEN, TX. Its most recent IRS filing (2025) reports revenue of $1.5M, expenses of $1.5M, total assets of $12.3M. Imperigo tracks 11 reported grants from this foundation totaling approximately $2.4M.

EIN: 742594957 KILLEEN, TX Latest filing: 2025
Total Revenue$1.5M
Total Expenses$1.5M
Total Assets$12.3M
Grants Given11
Grant Total$2.4M
Filing Years2021–2025

Mission

TO PROMOTE ECONOMIC DEVELOPMENT IN THE COMMUNITY BY EXPANDNG EXISTING BUSINESSES AND ATTRACTING NEW BUSINESSES.

Where $100 goes at Killeen Economic Development

How Killeen Economic Development divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
To provide matching scholarship funds generated in the community and to be used for economic development incentives for prospective businesses
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

TEXAS A&M UNIVERSITY-CENTRAL TEXAS FOUNDATION
COLLEGE STATION, TX · 2023
TO PROVIDE MATCHING SCHOLARSHIP FUNDS GENERATED IN THE COMMUNITY
$100,000
FORT HOOD REGION ECONOMIC DEVELOPMENT FOUNDATON
KILLEEN, TX · 2023
TO BE USED FOR THE CONSTRUCTION OF THE NATIONAL MOUNTED WARFARE MUSUEM
$74,575
TEXAS A&M UNIVERSITY-CENTRAL TEXAS FOUNDATION
COLLEGE STATION, TX · 2022
TO PROVIDE MATCHING SCHOLARSHIP FUNDS GENERATED IN THE COMMUNITY
$100,000
FORT HOOD REGION ECONOMIC DEVELOPMENT FOUNDATON
KILLEEN, TX · 2022
TO BE USED TO PROVIDE SUPPORT TO EDUCATIONAL, COMMUNITY, AND BUSINESS LEADERS
$43,000
TEXAS A&M UNIVERSITY-CENTRAL TEXAS FOUNDATION
KILLEEN, TX · 2021
TO PROVIDE MATCHING SCHOLARSHIP FUNDS GENERATED IN THE COMMUNITY
$100,000

Showing up to 5 of 11 total records — full history available with membership.

Officers & Directors

CHAMBER REP Amy Milsap
CITY REP Anthony Kendrick
KIF REP Curt Gaines
CITY REP Debbie Nash-King
VICE PRESIDENT Jose Guzman
PRESIDENT Kelly Brown

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$743,000 8 grants
Unspecified
$1,625,575 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.5M $1.5M $12.3M
2024 $1.7M $1.5M $13.4M
2023 $2.6M $1.7M $9.6M
2022 $1.3M $1.4M $9.5M
2021 $2.1M $2.6M $9.8M

Between 2021 and 2025, reported annual revenue declined from $2.1M to $1.5M (-27%), with total assets most recently reported at $12.3M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in TX.

TX

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for KILLEEN ECONOMIC DEVELOPMENT

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