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Nonprofit · EIN 23-7176101

SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC

Tax-exempt · BEAUMONT, TX 77703

Financials

$307K$271K2024
Revenue Expenses · by fiscal year end
Financials of SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$306,584$271,010$35,574$248,456$6,502$241,954
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$297,089
Investment income
$1,657
Other revenue
$7,838

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$59,375
Salaries, compensation and benefits (total)
$63,917
Professional fundraising fees
$0
Accounting fees
$13,122
Travel
$14,164
Program services (functional)
$200,346
Management and general (functional)
$70,664

Balance sheet and other

Total assets, start of year
$219,529
Total assets, end of year
$248,456
Total liabilities, end of year
$6,502
Net assets, end of year
$241,954
Net assets without donor restrictions
$232,485
Net assets with donor restrictions
$9,469
Gross receipts
$306,584
Employees
2
Year formed
1998
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JEFF BRANICKDIRECTOR
Trustee or director
–$0
DALE CHAMPAGNESECRETARY
Trustee or director, Officer
–$0
KAY DECUIRVICE CHAIR
Trustee or director
–$0
AMANDA ELLISDIRECTOR
Trustee or director
–$0
CHARLIE FOXWORTHDIRECTOR
Trustee or director
–$0
BOB HAMERDIRECTOR
Trustee or director
–$0
PIERCE HARRINGTONDIRECTOR
Trustee or director
–$0
JESSICA HILLDIRECTOR
Trustee or director
–$0
WAYNE HOLLANDCHAIRMAN
Trustee or director, Officer
–$0
LARRY KELLYDIRECTOR
Trustee or director
–$0
DAVID MAYDIRECTOR
Trustee or director
–$0
JIM RICHEXEC DIRECTO
Trustee or director, Officer
–$0
ANN SCOGGINDIRECTOR
Trustee or director
–$0
JOSH SMITHDIRECTOR
Trustee or director
–$0
ROBERT TURNERDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
2210 EASTEX FWY, BEAUMONT, TX 77703-4929
Principal officer (990 for 2024)
JIM RICH, 2210 EASTEX FWY, BEAUMONT, TX 77703
Signed the 990
JIM RICH, EXEC DIRECTOR
Phone
(409) 838-6585
Return prepared by
LAWRENCE BLACKBURN MEEK MAXEY & CO

Mission

SEE ATTACHED STATEMENT

990 for the year ended September 30, 2025

Program accomplishments

  • SBA 504 LOAN PROGRAM: ASSIST SMALL BUSINESSES IN PREPARING LOAN APPLICATIONS AND SERVICING EXISTING LOANS UNDER THE SECTION 504 LOAN PROGRAM OF THE SMALL BUSINESS ADMINISTRATION
    Expenses $97,825
  • PROMOTE REGIONAL ECONOMIC DEVELOPMENT WITHIN THE SOUTHEAST TEXAS REGION.
    Expenses $102,521

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
23-7176101
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1972
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$248,456
Income (IRS master file)
$306,584

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025–––IRS
990September 2024–––IRS
990September 2023$267,013$261,062$200,730IRS
990September 2022$258,241$241,075$203,887IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC

What is the EIN of SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC?
The employer identification number (EIN) of SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC is 23-7176101.
Is SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
Are donations to SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC 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 SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC?
The 990 for the year ended September 30, 2025 names JIM RICH.
Who are the officers and directors of SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC?
The 990 for the year ended September 30, 2025 lists 15 people; 0 received compensation from the organization.
How much revenue does SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $306,584, expenses of $271,010 and total assets of $248,456 at year end.

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