Nonprofit · EIN 47-4960672
THE WOODLANDS AREA ECONOMIC DEVELOPMENT PARTNERSHIP
Tax-exempt · THE WOODLANDS, TX 77380
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $1,067,736 | $1,157,853 | -$90,117 | $1,043,199 | $331,253 | $711,946 |
| August 31, 2024 | 990 | $980,257 | $1,007,563 | -$27,306 | $1,174,239 | $372,096 | $802,143 |
| August 31, 2023 | 990 | $1,042,423 | $1,005,522 | $36,901 | $1,268,664 | $443,715 | $824,949 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $776,283
- Membership dues
- $671,019
- Program service revenue
- $270,750
- Investment income
- $20,703
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $346,196
- Other salaries and wages
- $108,413
- Salaries, compensation and benefits (total)
- $527,698
- Professional fundraising fees
- $0
- Accounting fees
- $48,051
- Occupancy
- $99,087
- Travel
- $9,411
- Depreciation
- $7,694
Balance sheet and other
- Total assets, start of year
- $1,174,239
- Total assets, end of year
- $1,043,199
- Total liabilities, end of year
- $331,253
- Net assets, end of year
- $711,946
- Land, buildings and equipment
- $8,509
- Net assets without donor restrictions
- $512,123
- Net assets with donor restrictions
- $199,823
- Gross receipts
- $1,067,736
- Employees
- 4
- Volunteers
- 28
- Year formed
- 2015
- 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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GIL STALEY | CHIEF EXECUTIVE OFFICER (UNTIL 01/13/2025) Officer | 40 | $240,607 | $25,970 |
| JIM PARISI | IMMEDIATE PAST CHAIR Trustee or director, Officer | 2.5 | $0 | $0 |
| WHITNEY WALL | CHAIRMAN Trustee or director, Officer | 2.5 | $0 | $0 |
| DAN MICHALK | VICE CHAIRMAN Trustee or director, Officer | 2.5 | $0 | $0 |
| SHANE FRUGE | TREASURER Trustee or director, Officer | 2.5 | $0 | $0 |
| BRET STRONG | SECRETARY Trustee or director, Officer | 2.5 | $0 | $0 |
| BRAD BAILEY | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| ERNEST L PEEPLES | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| JENNY VALCARCE | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| JOHN SAXON | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| JUSTIN KENDRICK | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| MAYOR JOHN ESCOTO | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| MONIQUE SHARP | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| ROB EISSLER | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| SARAH MCCLURE | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
18 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JORDAN ABSHIER | BOARD MEMBER Trustee or director | 1.5 | $0 |
| CHRISTIN ALLPHIN | BOARD MEMBER Trustee or director | 1.5 | $0 |
| DAVID BERNARD | BOARD MEMBER Trustee or director | 1.5 | $0 |
| MATTHEW BETHEA | BOARD MEMBER Trustee or director | 1.5 | $0 |
| AARON COX | BOARD MEMBER Trustee or director | 1.5 | $0 |
| MICHAEL ELLIS | BOARD MEMBER Trustee or director | 1.5 | $0 |
| CLIFF FAVORS | BOARD MEMBER Trustee or director | 1.5 | $0 |
| KYLE MATHIS | BOARD MEMBER Trustee or director | 1.5 | $0 |
| LINDA NELSON | BOARD MEMBER Trustee or director | 1.5 | $0 |
| DE' REESE REID HARD | BOARD MEMBER Trustee or director | 1.5 | $0 |
| CRYSTAL SLED | BOARD MEMBER Trustee or director | 1.5 | $0 |
| CASEY STEELE | BOARD MEMBER Trustee or director | 1.5 | $0 |
| RITCH WHEELER | BOARD MEMBER Trustee or director | 1.5 | $0 |
| CHRIS WEHE | BOARD MEMBER Trustee or director | 1.5 | $0 |
| CRYSTAL SLED | BOARD MEMBER Trustee or director | 1.5 | $0 |
| MEGAN ALARID | BOARD MEMBER Trustee or director | 1.5 | $0 |
| MICHELLE LITTLE | BOARD MEMBER Trustee or director | 1.5 | $0 |
| JEVON GIBB | CHIEF EXECUTIVE OFFICER (BEGINNING 01/13/2025) Officer | 40 | $0 |
990 for the year ended August 31, 2024: 28 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GIL STALEY | CHIEF EXECUTIVE OFFICER Officer | 40 | $224,861 | $17,021 |
| HOLLY GRUY | CHIEF OPERATING OFFICER Officer | 40 | $123,126 | $0 |
| JIM PARISI | CHAIRMAN Trustee or director, Officer | 2.5 | $0 | $0 |
| WHITNEY WALL | VICE CHAIR Trustee or director, Officer | 2.5 | $0 | $0 |
| DAN MICHALK | SECRETARY Trustee or director, Officer | 2.5 | $0 | $0 |
| BRET STRONG | TREASURER Trustee or director, Officer | 2.5 | $0 | $0 |
| CHRISTIN ALLPHIN | IMMEDIATE PAST CHAIR Trustee or director, Officer | 2.5 | $0 | $0 |
| BRAD BAILEY | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| CASEY STEELE | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| CLINT NICHOLS | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| COMMISSIONER JAMES NOACK | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| DR ALISA WHITE | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| DR ANN SNYDER | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| ERNEST L PEEPLES | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| JENNIFER BAILEY | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| JENNY VALCARCE | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| JOHN SAXON | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| JUD MILLER | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| JUSTIN KENDRICK | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| LINDA HEAD | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| MATTEW OCKWOOD | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| MAYOR JOHN ESCOTO | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| MONIQUE SHARP | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| PIERCE PRATER | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| ROB EISSLER | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| SARAH MCCLURE | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| SCOTT CASTLEMAN | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| ZACH RICHMOND | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
990 for the year ended August 31, 2023: 31 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GIL STALEY | CHIEF EXECUTIVE OFFICER Officer | 40 | $222,835 | $55,118 |
| HOLLY GRUY | CHIEF OPERATING OFFICER Highest-paid employee | 40 | $124,473 | $16,779 |
| ANGELA STRONG | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| BART GRIFFITH | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| DAWN CANDY | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| BRET STRONG | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| BRYAN VALENCIA | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| CHRISTIN ALLPHIN | CHAIRMAN Trustee or director, Officer | 2.5 | $0 | $0 |
| CLINT NICHOLS | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| COMMISSIONER JAMES NOACK | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| DAN MICHALK | TREASURER Trustee or director, Officer | 2.5 | $0 | $0 |
| DR ALISA WHITE | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| DR ANN SNYDER | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| ERNEST L PEEPLES | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| GREG USHER | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| HAL BRUMFIELD | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| JERROD MCQUAIN | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| JIM PARISI | VICE CHAIR Trustee or director, Officer | 2.5 | $0 | $0 |
| JJ HOLLIE | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| JUSTIN KENDRICK | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| KENDRA WINDISCH | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| LINDA HEAD | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| MAYOR JOHN ESCOTO | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| MONIQUE SHARP | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| PATRICK STITES | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| PAUL CARROLL | IMMEDIATE PAST CHAIR Trustee or director, Officer | 2.5 | $0 | $0 |
| ROB EISSLER | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| RYAN EDONE | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| STEPHEN WRIGHT | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| WESLEY MARTIN | BOARD MEMBER Trustee or director | 1.5 | $0 | $0 |
| WHITNEY WALL | SECRETARY Trustee or director, Officer | 2.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2107 RESEARCH FOREST DR STE 150, THE WOODLANDS, TX 77380-4297
- In care of
- % GIL STALEY
- Principal officer (990 for 2024)
- JEVON GIBB, 2107 RESEARCH FOREST DR 150, THE WOODLANDS, TX 77380
- Signed the 990
- JEVON GIBB, CHIEF EXECUTIVE OFFICER
- Phone
- (281) 363-8133
- Website
- WWW.EDPARTNERSHIP.NET
- Return prepared by
- CRI ADVISORS LLC
Mission
THE MISSION OF THE WOODLANDS AREA ECONOMIC DEVELOPMENT PARTNERSHIP (EDP) IS TO WORK ON DEALS AND INITIATIVES, RECRUITING NEW COMPANIES THAT ENJOY BECOMING PART OF THE WOODLANDS AREA COMMUNITY, WHILE SOLVING ISSUES AND SEIZING OPPORTUNITIES THAT CATALYZE ECONOMIC DEVELOPMENT.
Program accomplishments
- BUSINESS RECRUITMENT: THE EDP SOURCES, LEADS, OR SUPPORTS DEALS THAT RECRUIT NEW BUSINESSES TO THE WOODLANDS AREA. IT FOCUSES ON TARGET MARKET OPPORTUNITIES WHERE IT HAS A COMPETITIVE ADVANTAGE AND WHERE THE TARGET COMPANIES MATCH THE ECONOMIC DEVELOPMENT VISION OF OUR COMMUNITY THESE ARE CURRENTLY ENERGY, CHEMICALS, BIOMANUFACTURING, AND PREMIUM OFFICE. THIS IS ACCOMPLISHED THROUGH KEY RELATIONSHIPS WITH LEAD GENERATORS, SUCH AS SITE CONSULTANTS, THE OFFICE OF THE GOVERNOR, COMMERCIAL REAL ESTATE BROKERS, AND DEVELOPERS. SUCCESSFUL DEALS RESULT IN NEW JOBS AND INVESTMENT, BOOSTING ECONOMIC PROSPERITY FOR THE COMMUNITY.Expenses $264,168 · revenue $20,000
- BUSINESS SOLUTIONS AND INITIATIVES: THE EDP ACTIVELY ENGAGES WITH AND SURVEYS THE BUSINESS COMMUNITY TO IDENTIFY ISSUES AND OPPORTUNITIES CRITICAL TO THE AREA'S ECONOMY. IN TURN, IT LEADS AND SUPPORTS INITIATIVES TO SOLVE THESE ISSUES AND SEIZE OPPORTUNITIES.Expenses $67,153 · revenue $192,250
- INVESTOR RELATIONS: THE EDP IS A PUBLIC-PRIVATE PARTNERSHIP BETWEEN THE WOODLANDS TOWNSHIP, CITY OF SHENANDOAH, CITY OF OAK RIDGE NORTH, MONTGOMERY COUNTY, AND APPROXIMATELY 100 PRIVATE AND NON-PROFIT ORGANIZATIONS, WHICH WE CALL INVESTORS. THE EDP'S VALUE PROPOSITION FOR DEALS AND INITIATIVES IS ITS ABILITY TO CONVENE THESE PARTNERS TO SOLVE PROBLEMS, PROVIDE INFORMATION, OR MAKE CONNECTIONS. AS PART OF THIS CONVENING, THE EDP HOSTS MONTHLY EVENTS.Expenses $86,438
- 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.Expenses $188,467 · revenue $58,500
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 47-4960672
- 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
- 2026
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $1,043,199
- Income (IRS master file)
- $1,067,736
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $1,067,736 | $1,157,853 | $1,043,199 | XML |
| 990 | August 2024 | $980,257 | $1,007,563 | $1,174,239 | XML |
| 990 | August 2023 | $1,042,423 | $1,005,522 | $1,268,664 | XML |
| 990 | August 2022 | $986,371 | $984,428 | $856,743 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 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 47-4960672).
Questions about THE WOODLANDS AREA ECONOMIC DEVELOPMENT PARTNERSHIP
- What is the EIN of THE WOODLANDS AREA ECONOMIC DEVELOPMENT PARTNERSHIP?
- The employer identification number (EIN) of THE WOODLANDS AREA ECONOMIC DEVELOPMENT PARTNERSHIP is 47-4960672.
- Is THE WOODLANDS AREA ECONOMIC DEVELOPMENT PARTNERSHIP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2026.
- Are donations to THE WOODLANDS AREA ECONOMIC DEVELOPMENT PARTNERSHIP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE WOODLANDS AREA ECONOMIC DEVELOPMENT PARTNERSHIP 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 THE WOODLANDS AREA ECONOMIC DEVELOPMENT PARTNERSHIP due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE WOODLANDS AREA ECONOMIC DEVELOPMENT PARTNERSHIP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of THE WOODLANDS AREA ECONOMIC DEVELOPMENT PARTNERSHIP?
- The 990 for the year ended August 31, 2025 names JEVON GIBB.
- Who are the officers and directors of THE WOODLANDS AREA ECONOMIC DEVELOPMENT PARTNERSHIP?
- The 990 for the year ended August 31, 2025 lists 33 people; 1 received compensation from the organization, the highest $240,607 (GIL STALEY, CHIEF EXECUTIVE OFFICER (UNTIL 01/13/2025)).
- How much revenue does THE WOODLANDS AREA ECONOMIC DEVELOPMENT PARTNERSHIP have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $1,067,736, expenses of $1,157,853 and total assets of $1,043,199 at year end.
Other nonprofits in THE WOODLANDS
- WOODLANDS RELIGIOUS COMMUNITY INC EIN 74-1804123 · last filed 990 for 2024
- COMMITTEE OF CHIEF RISK OFFICERS INC EIN 20-0249627 · last filed 990 for 2024
- KINGS RIVER TRAIL ASSOCIATION INC EIN 76-0423865 · last filed 990 for 2026
- NATIONAL TEST PREP ASSOCIATION EIN 85-2310886 · last filed 990 for 2024
- WESTLAND SECTION IV OWNERS ASSOCIATION INC EIN 76-0302317 · last filed 990-EZ for 2025
- TRANSFORMATION LEARNING CENTER INC EIN 27-3210999 · last filed 990 for 2025
- VINTAGE AT LAKE ROAD PROPERTY OWNERS ASSOCIATION INC EIN 92-3381943 · last filed 990-EZ for 2024
- TIPLER FOUNDATION EIN 88-1384378 · last filed 990-PF for 2023
All nonprofits in THE WOODLANDS · Texas · Community improvement and capacity building