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Nonprofit · EIN 26-1384924

HART ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · HART, TX 79043

Financials

$27K$4K2022$23K$25K2023$28K$22K2024
Revenue Expenses · by fiscal year end
Financials of HART ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$27,568$21,862$5,706$197,023$1,280$195,743
September 30, 2024990$22,613$24,962-$2,349$184,007$1,280$182,727
September 30, 2023990$26,619$3,570$23,049$174,813$1,280$173,533
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$1,256
Other revenue
$26,312

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,000
Depreciation
$716
Program services (functional)
$18,862
Management and general (functional)
$3,000

Balance sheet and other

Total assets, start of year
$184,007
Total assets, end of year
$197,023
Total liabilities, end of year
$1,280
Net assets, end of year
$195,743
Land, buildings and equipment
$12,119
Net assets without donor restrictions
$195,743
Gross receipts
$27,568
Employees
0
Year formed
2007
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
EZEKIEL BARRONSECRETARY
Trustee or director
–$0
STANLEY DYERPRESIDENT
Trustee or director, Officer
–$0
ROY GONZALESDIRECTOR
Trustee or director
–$0
MONICA GUZMANDIRECTOR
Trustee or director
–$0
PAUL RAMIREZVICE PRESIDE
Trustee or director, Officer
–$0
MARIA VEGADIRECTOR
Trustee or director
–$0
990 for the year ended September 30, 2024: 6 people
NameTitleHours / weekCompensation
EZEKIEL BARRONSECRETARY
Trustee or director
–$0
STANLEY DYERPRESIDENT
Trustee or director, Officer
–$0
ROY GONZALESDIRECTOR
Trustee or director
–$0
MONICA GUZMANDIRECTOR
Trustee or director
–$0
PAUL RAMIREZVICE PRESIDE
Trustee or director, Officer
–$0
MARIA VEGADIRECTOR
Trustee or director
–$0
990 for the year ended September 30, 2023: 6 people
NameTitleHours / weekCompensation
EZEKIEL BARRONSECRETARY
Trustee or director
–$0
STANLEY DYERPRESIDENT
Trustee or director, Officer
–$0
ROY GONZALESDIRECTOR
Trustee or director
–$0
MONICA GUZMANDIRECTOR
Trustee or director
–$0
PAUL RAMIREZVICE PRESIDE
Trustee or director, Officer
–$0
MARIA VEGADIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
PO BOX 329, HART, TX 79043-0329
In care of
% NORMA CARRASCO
Principal officer (990 for 2024)
STANLEY DYER, PO BOX 329, HART, TX 79043
Signed the 990
STANLEY DYER, PRESIDENT
Phone
(806) 938-2171
Return prepared by
DOSHIER PICKENS & FRANCIS LLC

Mission

THE PURPOSE OF THE HART ECONOMIC DEVELOPMENT CORPORATION IS TO PROMOTE AND DEVELOP INDUSTRIAL, MANUFACTURING, AND RETAIL ENTERPRISES, AND TO PROMOTE AND DEVELOP NEW BUSINESS ENTERPRISES, AND TO PROMOTE AND ENCOURAGE EMPLOYMENT AND THE PUBLIC WELFARE OF, FOR, AND ON BEHALF OF THE CITY AS PROVIDED BY THE DEVELOPMENT CORPORATION ACT OF 1979 AND ITS AMENDMENTS.

990 for the year ended September 30, 2025

Program accomplishments

  • PROGRAM SERVICES IN OPERATING THE CORPORATION IN ITS PERFORMANCE OF ITS MISSION; PROVIDING ASSISTANCE TO THE CITY OF HART IN THE BEAUTIFICATION AND ENHANCEMENT OF THE COMMUNITY IN ORDER TO BETTER ACHIEVE THE CORPORATION'S MISSION.
    Expenses $18,146
  • PROGRAM SERVICES IN OPERATING THE CORPORATION IN ITS PERFORMANCE OF ITS MISSION; PROVIDING ASSISTANCE TO THE CITY OF HART IN THE BEAUTIFICATION AND ENHANCEMENT OF THE COMMUNITY IN ORDER TO BETTER ACHIEVE THE CORPORATION'S MISSION.
    Expenses $716

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
26-1384924
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2008
Accounting year ends
September
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$197,023
Income (IRS master file)
$27,568

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$27,568$21,862$197,023IRS
990September 2024$22,613$24,962$184,007XML
990September 2023$26,619$3,570$174,813XML
990September 2022–––IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 26-1384924).

Questions about HART ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of HART ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of HART ECONOMIC DEVELOPMENT CORPORATION is 26-1384924.
Is HART ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to HART ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HART ECONOMIC DEVELOPMENT CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of HART ECONOMIC DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HART ECONOMIC DEVELOPMENT CORPORATION 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 HART ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2025 names STANLEY DYER.
Who are the officers and directors of HART ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does HART ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $27,568, expenses of $21,862 and total assets of $197,023 at year end.

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