ECONOMIC DEVELOPMENT CORPORATION OF WESLACO, of WESLACO, TX, is a Public Charity tracked in Imperigo's IRS 990 database. The 2023 filing shows $8.6M in revenue, $4.5M in expenses, $37.6M in total assets. IRS filings disclose 104 grants awarded by this foundation, totaling roughly $8.7M.
THE ECONOMIC DEVELOPMENT CORPORATION'S PRIMARY PURPOSE IS TO ENHANCE ECONOMIC AND INDUSTRIAL ACTIVITIES FOR THE CITY OF WESLACO. ITS MAIN FOCUS IS IN RETAINING AND EXPANDING EXISTING BUSINESS, AND ATTRACTING NEW BUSINESS AND ENHANCING COMMUNITY ASSETS; WHICH INFUSES NEW DOLLARS INTO THE LOCAL ECONOMY.
Showing up to 5 of 104 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2023 | $8.6M | $4.5M | $37.6M |
| 2022 | $5.0M | $3.9M | $20.4M |
| 2021 | $4.6M | $2.7M | $20.3M |
| 2020 | $4.4M | $2.3M | $14.9M |
| 2019 | $4.1M | $2.3M | $12.9M |
Between 2019 and 2023, reported annual revenue grew from $4.1M to $8.6M (+108%), with total assets most recently reported at $37.6M.
Interactive year-over-year charts and full filing details available with membership.
Grants from this foundation were reported to recipients in CA, MI, TX.
Full geographic grant map with state-by-state breakdown available with membership.
