2024-08-20T13:24:36-05:00 2023-08-31 721396621 CARR RIGGS & INGRAM LLC TWO RIVERWAY FLOOR 15 HOUSTON TX 77056 990 2022-09-01 474960672 THE WOODLANDS AREA ECONOMIC DEVELOPMENT PARTNERSHIP WOOD 2813638133 2107 RESEARCH FOREST DR 150 THE WOODLANDS TX 77380 GIL P STALEY CHIEF EXECUTIVE OFFICER 2813638133 2024-08-20 1 1 KRISTEN SIMPSON P01268482 7136218090 2024-08-12 2022 2024-08-08 14:25:15Z GIL P STALEY 2107 RESEARCH FOREST DR 150 THE WOODLANDS TX 77380 1042423 0 X WWW.EDPARTNERSHIP.NET X 2015 TX THE MISSION OF THE WOODLANDS AREA ECONOMIC DEVELOPMENT PARTNERSHIP (EDP) IS TO PROMOTE THE ECONOMIC DEVELOPMENT OF THE WOODLANDS AREA THROUGH THE RETENTION AND GROWTH OF EXISTING BUSINESSES, AND THE RECRUITMENT OF NEW BUSINESSES THAT CAN BRING OPPORTUNITIES TO THE AREA. THE EDP'S PROGRAM OF WORK IS DIVIDED INTO THREE AREAS OF EMPHASIS: BUSINESS RECRUITMENT, BUSINESS RETENTION AND EXPANSION, AND GOVERNMENTAL RELATIONS. THE EDP COORDINATES RESOURCES AND FACILITATES ACCESS TO INCENTIVES TO RELOCATING AND EXPANDING BUSINESSES. 28 28 4 28 0 0 725435 767565 260545 270090 391 4768 0 0 986371 1042423 0 0 0 0 590583 592714 0 0 0 393845 412808 984428 1005522 1943 36901 856743 1268664 68695 443715 788048 824949 X THE MISSION OF THE WOODLANDS AREA ECONOMIC DEVELOPMENT PARTNERSHIP (EDP) IS TO PROMOTE THE ECONOMIC DEVELOPMENT OF THE WOODLANDS AREA THROUGH THE RETENTION AND GROWTH OF EXISTING BUSINESSES, AND THE RECRUITMENT OF NEW BUSINESSES THAT CAN BRING OPPORTUNITIES TO THE AREA. THE EDP'S PROGRAM OF WORK IS DIVIDED INTO THREE AREAS OF EMPHASIS: BUSINESS RECRUITMENT, BUSINESS RETENTION AND EXPANSION, AND GOVERNMENTAL RELATIONS. THE EDP COORDINATES RESOURCES AND FACILITATES ACCESS TO INCENTIVES TO RELOCATING AND EXPANDING BUSINESSES. 0 0 217788 20000 BUSINESS RECRUITMENT: THE BUSINESS RECRUITMENT PROGRAM FOCUSES ITS RECRUITMENT RESOURCES ON TARGET INDUSTRIES THAT CAN BENEFIT FROM OUR AREA'S ASSETS AND MATCH THE ECONOMIC DEVELOPMENT VISION OF OUR COMMUNITY. RECRUITMENT IS ACCOMPLISHED THROUGH KEY RELATIONSHIPS WITH LEAD GENERATORS, SUCH AS SITE CONSULTANTS, THE OFFICE OF THE GOVERNOR, COMMERCIAL REAL ESTATE BROKERS, AND DEVELOPERS. IN ADDITION, EDP ACTIVELY PARTICIPATES IN TRADE MISSIONS GLOBALLY. THIS HELPS BRING JOB GROWTH AND ECONOMIC VITALITY TO THE WOODLANDS AREA. 87647 188500 BUSINESS RETENTION & EXPANSION: BUSINESS RETENTION & EXPANSION (BR&E) IS AN ECONOMIC DEVELOPMENT STRATEGY OF PROACTIVELY CONNECTING WITH EXISTING BUSINESSES TO UNDERSTAND AND RESPOND TO LOCAL BUSINESS NEEDS. BR&E IS A MAJOR FOCUS OF THE ORGANIZATION AS MOST JOB GROWTH IN A COMMUNITY COMES FROM EXISTING BUSINESSES. THE ORGANIZATION CONDUCTS MONTHLY BUSINESS RETENTION VISITS WITH LOCAL EMPLOYERS TO KEEP ITS PULSE ON THE BUSINESS COMMUNITY AND ITS ACTIVITIES OF GROWTH OR RETRACTION OF ITS WORKFORCE. 70546 0 OUTREACH: THE OUTREACH DEPARTMENT IS A RESOURCE TO THE BUSINESS COMMUNITY AND PROVIDES INSIGHT, MAKES INTRODUCTIONS AND ASSIST COMPANIES WITH THEIR BUSINESS DEVELOPMENT INITIATIVES. OUTREACH ENGAGEMENTS INCLUDE SUPPORTING LOCAL COMPANIES THAT REFLECT OUR COMMUNITY'S UNMATCHED QUALITY OF LIFE THAT ATTRACTS CORPORATE RELOCATIONS AND EXPANSIONS. 223693 61590 MEMBER PROGRAMS: EDP HOSTS SIGNATURE EVENTS TO ALLOW FOR MEMBERS TO BUILD RELATIONSHIPS WITH EXECUTIVE LEVEL BUSINESS LEADERS AND TO KEEP MEMBERS INFORMED ON IMPORTANT ISSUES FACING BUSINESSES TODAY. THESE INCLUDE EVENTS HELD MONTHLY, QUARTERLY, AND ANNUALLY. 223693 61590 599674 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 4 1 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 X HOLLY GRUY - CHIEF OPERATING OFFICE 2813638133 2107 RESEARCH FOREST DR SUITE 150 THE WOODLANDS TX 77380 ANGELA STRONG BOARD MEMBER 1.50 X 0 0 0 BART GRIFFITH BOARD MEMBER 1.50 X 0 0 0 DAWN CANDY BOARD MEMBER 1.50 X 0 0 0 BRET STRONG BOARD MEMBER 1.50 X 0 0 0 BRYAN VALENCIA BOARD MEMBER 1.50 X 0 0 0 CHRISTIN ALLPHIN CHAIRMAN 2.50 X X 0 0 0 CLINT NICHOLS BOARD MEMBER 1.50 X 0 0 0 COMMISSIONER JAMES NOACK BOARD MEMBER 1.50 X 0 0 0 DAN MICHALK TREASURER 2.50 X X 0 0 0 DR ALISA WHITE BOARD MEMBER 1.50 X 0 0 0 DR ANN SNYDER BOARD MEMBER 1.50 X 0 0 0 ERNEST L PEEPLES BOARD MEMBER 1.50 X 0 0 0 GREG USHER BOARD MEMBER 1.50 X 0 0 0 HAL BRUMFIELD BOARD MEMBER 1.50 X 0 0 0 JERROD MCQUAIN BOARD MEMBER 1.50 X 0 0 0 JIM PARISI VICE CHAIR 2.50 X X 0 0 0 JJ HOLLIE BOARD MEMBER 1.50 X 0 0 0 JUSTIN KENDRICK BOARD MEMBER 1.50 X 0 0 0 KENDRA WINDISCH BOARD MEMBER 1.50 X 0 0 0 LINDA HEAD BOARD MEMBER 1.50 X 0 0 0 MAYOR JOHN ESCOTO BOARD MEMBER 1.50 X 0 0 0 MONIQUE SHARP BOARD MEMBER 1.50 X 0 0 0 PATRICK STITES BOARD MEMBER 1.50 X 0 0 0 PAUL CARROLL IMMEDIATE PAST CHAIR 2.50 X X 0 0 0 ROB EISSLER BOARD MEMBER 1.50 X 0 0 0 RYAN EDONE BOARD MEMBER 1.50 X 0 0 0 STEPHEN WRIGHT BOARD MEMBER 1.50 X 0 0 0 WESLEY MARTIN BOARD MEMBER 1.50 X 0 0 0 WHITNEY WALL SECRETARY 2.50 X X 0 0 0 GIL STALEY CHIEF EXECUTIVE OFFICER 40.00 X 222835 0 55118 HOLLY GRUY CHIEF OPERATING OFFICER 40.00 X 124473 0 16779 347308 0 71897 2 0 1 0 0 767565 2000 767565 ECONOMIC DEVELOPMENT S 900099 188500 188500 MEMBER EVENTS 900099 61590 61590 BUSINESS RECRUITMENT 900099 20000 20000 270090 4768 4768 1042423 270090 0 4768 347308 133684 21257 57468 32997 25685 19083 25426 12180 105926 9000 18680 7394 7619 MEMBER EVENTS 78005 BUSINESS RECRUITMENT 38150 DUES & FEES SUBSCRIPTIO 37117 BUSINESS EXPENSES 14609 13934 1005522 803218 808823 12770 29800 8821 8375 81197 57576 23490 23621 8444 398045 856743 1268664 68695 26363 0 417352 68695 443715 X 551496 590037 236552 234912 788048 824949 856743 1268664 36901 0 X 0 1 X 1 0 81197 57576 23621 23621 DEPOSIT 8444 OPERATING LEASE ROU ASSETS 389601 398045 OPERATING LEASE LIABILITY 417352 417352 X 1042423 0 1042423 0 1042423 1005522 0 1005522 0 1005522 PART X, LINE 2: UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, EDP IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. EDP UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF AUGUST 31, 2023, EDP HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. X X X X 0 0 0 GIL STALEY CHIEF EXECUTIVE OFFICER 202578 0 20257 0 0 0 10188 0 44930 0 277953 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 WAS NOT PROVIDED TO THE BOARD OF DIRECTORS ONCE A SIGNED COPY HAS BEEN PROVIDED BY THE TAX PREPARER. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REVIEWS THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 OUR CURRENT CHAIRMAN AND PAST CHAIRMAN CONDUCT AN ANNUAL REVIEW WITH THE OTHER OFFICERS AND CEO AND DETERMINE A PERCENTAGE FOR A RAISE. THE PERCENTAGES ARE IN LINE WITH OTHER CEO'S OF ECONOMIC DEVELOPMENT ORGANIZATIONS IN TEXAS. THE CEO CONDUCTS ANNUAL REVIEWS WITH EACH EMPLOYEE AND DETERMINES A PERCENTAGE FOR A RAISE. THE PERCENTAGES AND SALARIES ARE DETERMINED BASED ON THE ORGANIZATION'S BUDGET AND OTHER ECONOMIC DEVELOPMENT AGENCIES IN TEXAS. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 WILL BE MADE AVAILABLE TO BOARD MEMBERS AND PARTNERS UPON REQUEST.