Mission
THE TEXAS ECONOMIC DEVELOPMENT CORPORATION IS AN INDEPENDENTLY FUNDED AND OPERATED 501(C)(3) NONPROFIT ORGANIZATION RESPONSIBLE FOR MARKETING AND PROMOTING TEXAS AS A PREMIER BUSINESS LOCATION.
Public Charity
TEXAS ECONOMIC DEVELOPMENT CORPORATION
Based in AUSTIN, TX, TEXAS ECONOMIC DEVELOPMENT CORPORATION operates as a Public Charity. The organization reported $3.8M in revenue, $4.6M in expenses, $8.8M in total assets for fiscal year 2024. Imperigo tracks 12 reported grant relationships connected to this organization totaling approximately $1.1M.
EIN: 742619492
AUSTIN, TX
Latest filing: 2024
Total Revenue$3.8M
Total Expenses$4.6M
Total Assets$8.8M
Grant Records12
Funding Total$1.1M
Filing Years2019–2024
Sample Grants Received
GENERAL SUPPORT
$25,000
For grant recipient's exempt purposes
$25,000
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
$25,000
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
$25,000
COMMUNITY DEVELOPMENT
$150,000
Showing up to 5 of 12 total records — full history available with membership.
Officers & Directors
PRESIDENT & CEO
Aaron Demerson
EX-OFFICIO BOARD MEMBER
Adriana Cruz
BOARD TREASURER
Adrian Cannady
BOARD CHAIR
Arun Agarwal
DIRECTOR OF COMMUNICATIONS
Bonnie Downs
VICE PRESIDENT OF EXTERNAL(FORMER)
Christin Evans
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $3.8M | $4.6M | $8.8M |
| 2023 | $5.9M | $3.1M | $9.8M |
| 2022 | $3.6M | $3.7M | $7.6M |
| 2020 | $3.1M | $2.4M | $5.9M |
| 2019 | $4.2M | $2.8M | $5.1M |
Between 2019 and 2024, reported annual revenue declined from $4.2M to $3.8M (-9%), with total assets most recently reported at $8.8M.
Interactive year-over-year charts and full filing details available with membership.