Nonprofit · EIN 20-0192975
GREATER AUSTIN ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · AUSTIN, TX 78701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,878,253 | $6,325,250 | -$446,997 | $2,854,813 | $559,137 | $2,295,676 |
| December 31, 2023 | 990 | $3,192,928 | $5,028,369 | -$1,835,441 | $3,329,612 | $586,939 | $2,742,673 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $633,731
- of which government grants
- $360,931
- Program service revenue
- $5,190,129
- Investment income
- $123,989
- Net income from fundraising events
- -$80,884
- Other revenue
- -$69,596
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $387,914
- Other salaries and wages
- $2,419,213
- Salaries, compensation and benefits (total)
- $3,254,787
- Professional fundraising fees
- $0
- Legal fees
- $19,252
- Accounting fees
- $253,329
- Occupancy
- $246,513
- Travel
- $392,546
- Depreciation
- $23,862
Balance sheet and other
- Total assets, start of year
- $3,329,612
- Total assets, end of year
- $2,854,813
- Total liabilities, end of year
- $559,137
- Net assets, end of year
- $2,295,676
- Land, buildings and equipment
- $57,308
- Net assets without donor restrictions
- $2,005,538
- Net assets with donor restrictions
- $290,138
- Gross receipts
- $5,959,137
- Employees
- 25
- Volunteers
- 314
- Year formed
- 2002
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ED LATSON | PRESIDENT, SECRETARY & CEO Officer | 40 | $363,762 | $24,152 |
| CHARISSE BODISCH | SENIOR VICE PRESIDENT Highest-paid employee | 40 | $304,991 | $20,904 |
| STACY ALMGREN | SENIOR VICE PRESIDENT Highest-paid employee | 40 | $207,006 | $16,639 |
| ROLAND PENA | SVP OF GLOBAL TECH & INNOVATION Highest-paid employee | 40 | $190,177 | $20,562 |
| ROBERT FARLEY | VP OF ECONOMIC DEVELOPMENT Highest-paid employee | 40 | $164,904 | $15,504 |
| BEVERLY KERR | VICE PRESIDENT, RESEARCH Highest-paid employee | 40 | $157,777 | $14,150 |
| GARY FARMER | CHAIR Trustee or director, Officer | 15 | $0 | $0 |
| CASEY DOBSON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JAMES DYESS | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| MATTHEW DOW | GENERAL COUNSEL/ASST. SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ANDY BROCK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BUCK CODY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIM CROWLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LAURA GOTTESMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIM HENDRICKS | DIRECTOR Trustee or director | 1 | $0 | $0 |
16 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC MARCELLA | DIRECTOR Trustee or director | 1 | $0 |
| C BRIAN CASSIDY | DIRECTOR Trustee or director | 1 | $0 |
| STEVEN GONZALEZ | DIRECTOR Trustee or director | 1 | $0 |
| SETH JOHNSTON | DIRECTOR Trustee or director | 1 | $0 |
| DAVID KNOLL | DIRECTOR Trustee or director | 1 | $0 |
| BART MATHENEY | DIRECTOR Trustee or director | 1 | $0 |
| BILL REDD | DIRECTOR Trustee or director | 1 | $0 |
| JODY RUDMAN | DIRECTOR Trustee or director | 1 | $0 |
| RUDY GARZA | DIRECTOR Trustee or director | 1 | $0 |
| DANA HARRIS PATE | DIRECTOR Trustee or director | 1 | $0 |
| CHUCK LIPSCOMB | DIRECTOR Trustee or director | 1 | $0 |
| JEFF NYDEGGER | DIRECTOR Trustee or director | 1 | $0 |
| KYLE PARKS | DIRECTOR Trustee or director | 1 | $0 |
| STEPHANIE PERRYMAN | DIRECTOR Trustee or director | 1 | $0 |
| TODD WALLACE | DIRECTOR Trustee or director | 1 | $0 |
| ELLEN WOOD | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 32 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHARISSE BODISCH | SENIOR VICE PRESIDENT Highest-paid employee | 40 | $83,333 | $168,831 | $17,394 |
| STACY ALMGREN | SENIOR VICE PRESIDENT Highest-paid employee | 40 | $58,333 | $109,790 | $16,834 |
| ROLAND PENA | SVP OF GLOBAL TECH & INNOVATION Highest-paid employee | 40 | $53,560 | $108,660 | $17,089 |
| FRANK HARTMANN | VP, ECONOMIC DEVELOPMENT Highest-paid employee | 40 | $52,000 | $102,040 | $22,187 |
| GILBERT ZAVALA | VP, EDUCATION & TALENT DEVELOPMENT Highest-paid employee | 40 | $43,333 | $83,568 | $17,257 |
| ED LATSON | PRESIDENT & CEO (AS OF 09/01/23) Officer | 40 | $62,066 | $0 | $958 |
| GARY FARMER | CHAIR Trustee or director, Officer | 15 | $0 | $0 | $0 |
| CASEY DOBSON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KERRY HALL | IMMEDIATE PAST CHAIR, PRES & SECR. Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JAMES DYESS | TREASURER Trustee or director, Officer | 10 | $0 | $0 | $0 |
| MATTHEW DOW | GENERAL COUNSEL/ASST. SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DR NORMAN CHENVEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ELIZABETH CHRISTIAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANDY DAVIS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHUCK LIPSCOMB | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANA HARRIS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD RIDINGS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TODD WALLACE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PETE WINSTEAD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANDY BROCK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TIM CROWLEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LAURA GOTTESMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TIM HENDRICKS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ERIC MARCELLA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BUCK CODY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| C BRIAN CASSIDY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STEVEN GONZALEZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JODY RUDMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SETH JOHNSTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID KNOLL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BART MATHENEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BILL REDD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 200 W 6TH ST STE 1750, AUSTIN, TX 78701-0097
- In care of
- % ED LATSON
- Principal officer (990 for 2024)
- SUSAN DAVENPORT, 200 W 6TH ST 1750, AUSTIN, TX 78701
- Signed the 990
- SUSAN DAVENPORT, CEO
- Phone
- (512) 478-9383
- Return prepared by
- ATCHLEY & ASSOCIATES LLP
Mission
OPPORTUNITY AUSTIN IS A REGIONAL ECONOMIC DEVELOPMENT INITIATIVE AIMED AT FOSTERING JOB-CREATING INVESTMENT ACROSS THE AUSTIN AND CENTRAL TEXAS REGION.
Program accomplishments
- OPPORTUNITY AUSTIN INVESTS IN A PORTFOLIO OF INITIATIVES THAT SUPPORT JOB CREATION, EMPLOYABILITY, AND ECONOMIC OPPORTUNITIES FOR ALL. IT SERVES AS A CATALYST IN THE IDENTIFICATION, EVALUATION, AND PURSUIT OF OPPORTUNITIES THAT PROMOTE AND SUPPORT:(1) AN ECONOMY THAT IS INCLUSIVE AND INNOVATIVE,(2) A WORKFORCE THAT IS EDUCATED AND EMPLOYED, AND(3) COMMUNITIES THAT ARE AFFORDABLE AND ACCESSIBLE.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-0192975
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $2,854,813
- Income (IRS master file)
- $5,959,137
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,878,253 | $6,325,250 | $2,854,813 | XML |
| 990 | December 2023 | $3,192,928 | $5,028,369 | $3,329,612 | XML |
| 990 | December 2022 | $3,944,259 | $4,267,855 | $5,075,407 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0192975).
Questions about GREATER AUSTIN ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of GREATER AUSTIN ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of GREATER AUSTIN ECONOMIC DEVELOPMENT CORPORATION is 20-0192975.
- Is GREATER AUSTIN ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2004.
- Are donations to GREATER AUSTIN ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GREATER AUSTIN ECONOMIC DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GREATER AUSTIN ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GREATER AUSTIN ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GREATER AUSTIN ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names SUSAN DAVENPORT.
- Who are the officers and directors of GREATER AUSTIN ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 31 people; 6 received compensation from the organization, the highest $363,762 (ED LATSON, PRESIDENT, SECRETARY & CEO).
- How much revenue does GREATER AUSTIN ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,878,253, expenses of $6,325,250 and total assets of $2,854,813 at year end.
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