Mission
TO PROMOTE THE CITY OF BANGS, TEXAS AND HELP IT GROW INTO A MORE ECONIMICALLY SOUND AREA.
Public Charity
BANGS ECONOMIC DEVELOPMENT CORPORATION INC
BANGS ECONOMIC DEVELOPMENT CORPORATION INC, of BANGS, TX, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $95K in revenue, $108K in expenses, $519K in total assets. IRS filings disclose 6 grants awarded by this foundation, totaling roughly $151K.
EIN: 261987990
BANGS, TX
Latest filing: 2025
Total Revenue$95K
Total Expenses$108K
Total Assets$519K
Grants Given6
Grant Total$151K
Filing Years2020–2025
Sample Grants Given
TINY HOMES DIRECT LLC
ECONOMIC IMPROVEMENT
$63,800
PONG CHEA dba TEXAS STAR DONUTS
ECONOMIC IMPROVEMENT
$25,000
TEXAS AP 5 DBA FATZOS
BUSINESS IMPROVEMENT
$20,000
BANGS THRIFT MART IN
BUSINESS IMPROVEMENT
$17,600
CITY OF BANGS
SPLASH PAD
$2,695
Showing up to 5 of 6 total records — full history available with membership.
Officers & Directors
MEMBER
Charles Weidenhoefer
MEMBER
Eric Southerland
MEMBER
Joe Lamer
PRESIDENT
Sara Young
VICE PRESIDENT
Steven Fuqua
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $95K | $108K | $519K |
| 2024 | $81K | $52K | $537K |
| 2023 | $81K | $67K | $507K |
| 2021 | $59K | $4K | $436K |
| 2020 | $52K | $4K | $382K |
Between 2020 and 2025, reported annual revenue grew from $52K to $95K (+82%), with total assets most recently reported at $519K.
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.