2024-10-30T17:16:22-07:00 2024-06-30 990 2023-07-01 760421307 GULF COAST ECONOMIC DEVELOPMENT DISTRICT INC GULF 7136273200 PO Box 22777 Houston TX 77227 CHRISTINA ORDONEZ-CAMPOS Chief Financial Officer 7139934512 2024-10-31 1 2023 2024-10-15 13:58:12Z CHRISTINA ORDONEZ-CAMPOS PO Box 22777 HOUSTON TX 77227 2141269 0 X X 1988 TX The goal of the GCEDD is to serve as a regional clearinghouse for Economic Development information and provide technical assistance for the purpose of stimulating the economy within the region. 22 22 0 0 0 0 1715571 1995536 56402 115015 12088 30718 0 0 1784061 2141269 410000 10000 0 0 382552 329314 0 0 0 290038 757573 1082590 1096887 701471 1044382 4146709 7225888 198391 2233188 3948318 4992700 The Board envisions a healthy regional economy, diversified among a variety of sectors, poised to accommodate economic development of the future, with unprecedented opportunities to the citizens of the Gulf Coast. 0 0 274222 10000 535317 Provided Fortbend Revolving Loan to help the business affected by COVID 274222 0 535317 Conducted a series of workshops on economic development impacts and land used. 274222 0 535317 Provided a regional clearinghouse of economic development information resources. 274221 535317 Helped small business in region that suffered from coronavirus pandemic and other activities 274221 0 535317 1096887 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TX X Houston-Galveston Area Council 7136273200 3555 Timmons Lane Suite 120 HOUSTON TX 77027 Chad Burke Member 0.5 X 0 0 0 Dane Carlson Member 0.5 X 0 0 0 Andrew Van Chau Member 0.5 X 0 0 0 Carlos Guzman Member 0.5 X 0 0 0 John Isom Member 0.5 X 0 0 0 Guy Robert Jackson Member 0.5 X 0 0 0 Wendell Null Member 0.5 X 0 0 0 Joshua Owens Member 0.5 X 0 0 0 Mike Rozell Member 0.5 X 0 0 0 Danielle Scheiner Member 0.5 X 0 0 0 BJ Simon Member 0.5 X 0 0 0 Dianna Grobe Member 0.5 X 0 0 0 Marlon D Mitchell Member 0.5 X 0 0 0 Gwen Tillotson Member 0.5 X 0 0 0 Patti Worfe Member 0.5 X 0 0 0 Frank M Jordan Member 0.5 X 0 0 0 Michele Hay Member 0.5 X 0 0 0 Lance Dean Member 0.5 X 0 0 0 Vince Yokom Member 0.5 X 0 0 0 Jimmy Henry Member 0.5 X 0 0 0 Courtland Holman Member 0.5 X 0 0 0 Mike Ferdinand Member 0.5 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1995536 0 0 1995536 115015 115015 0 0 115015 30718 30718 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2141269 145733 0 0 X 10000 10000 224914 224914 104400 104400 30623 30623 12800 12800 332130 332130 311 311 23686 23686 11742 11742 1921 1921 3959 3959 340401 340401 1096887 1096887 0 0 1098833 2884380 3047876 4341508 4146709 7225888 198391 2233188 198391 2233188 X 0 0 0 0 3948318 4992700 3948318 4992700 4146709 7225888 1044382 0 0 0 0 0 X 0 1 0 1 1 X 138544 1858004 546905 1715571 1995536 6254560 138544 1858004 546905 1715571 1995536 6254560 6254560 27727 29857 43993 68490 145733 315800 6570360 0.95194 0.95494 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 Shrisan Management SANJAY SEHGAL 10501 CORPORATE DRIVE STAFFORD TX 77477 475370435 10000 It's a grant from FortBend county that were issued to local businesses through GCEDD to cover expenses such as costs of working capital, payroll, accounts payable, rent, mortgages, etc. Recipient is required to submit appropriate documentation of such eligible expenditures and proof of payments, as requested. 0 1 Schedule I, Part I, Line 2 Grant Recipient business signs agreement and must comply by all the stipulated rules and regulations. GCEDD checks grantee business records and does site visit periodically. GCEDD requires Grant Recipient business to maintain compliance with the terms and conditions of the grant, to include using proceeds on eligible expenses and reporting these expenses on a monthly basis. Any instances of non-compliance may result in early termination of this Agreement and/or Grantee's required repayment of the grant award in full or in part. Grant Recipient and GCEDD shall maintain all records pertinent to this Agreement, and all other financial, programmatic, statistical, property, and supporting documentation for a period of no less than seven (7) years from the later of the date of acceptance of the final contract closeout. Form 990, Part VI, Section B, Line 11b The accountant completes 990 forms and Assistant Director, and Chief Financial Officer approves them. Form 990, Part VI, Section B, Line 12c The policies of conflict of interest are regularly tested by the internal auditor. Form 990, Part VI, Section B, Line 15 The personnel manager conducts surveys of similar organizations (size, responsibilities, experience) and provides survey results to the Board. Form 990, Part VI, Section C, Line 19 Disclosure of financial information, including annul financial statements are posted on the organization's website with contact information. Form 990, Part IX, Line 11g $332,130 paid to Consultant - HR Green for Broadband Market Analysis and cost Study Form 990, Part IX, Line 24e Written off Bad Debts worth 340,400.77 from loan issued to business - GlowZone Houston-Galveston Area Council PO BOX 22777 Houston TX 77227 741557575 Local Government TX N/A 0 Houston-Galveston Area Council PO BOX 22777 Houston TX 77227 741557575 Local Government TX N/A 0 0 Houston-Galveston Area Council PO Box 22777 Houston TX 77227 741557575 Local Government TX N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0