Public Charity

TAYLOR ECONOMIC DEVELOPMENT CORP

TAYLOR ECONOMIC DEVELOPMENT CORP is a Public Charity headquartered in TAYLOR, TX. Financial data from the 2025 filing: $14.6M revenue, $3.0M expenses, $27.4M total assets.

EIN: 742719298 TAYLOR, TX Economic Development NTEE: S30 Latest filing: 2025
Total Revenue$14.6M
Total Expenses$3.0M
Total Assets$27.4M
Grant Records0
Filing Years2021–2025

Mission

TO PROMOTE AND FACILIATE THE ECONOMIC DEVELOPMENT OF THE CITY OF TAYLOR, TX

Where $100 goes at Taylor Economic Development Corp

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

$58 Programs the work itself
$42 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 $58 for programs

$55
Community and workforce development expenses
94% of program spending
$3
Marketing expenses in recruiting new business
6% of 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.

Officers & Directors

PRESIDENT/CE Ben White
CHAIR Betty Day
SECRETARY John Dohmann
TREASURER Kelly Cmerek
1ST VICE CHA Penny Rychetsky

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $14.6M $3.0M $27.4M
2024 $7.9M $4.1M $15.0M
2023 $6.4M $1.2M $11.6M
2022 $2.4M $749K $6.0M
2021 $1.6M $894K $4.4M

Between 2021 and 2025, reported annual revenue grew from $1.6M to $14.6M (+793%), with total assets most recently reported at $27.4M.

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

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