Nonprofit · EIN 74-2424224
CORPUS CHRISTI REGIONAL ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · CORPUS CHRISTI, TX 78401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $1,841,238 | $1,875,686 | -$34,448 | $1,252,661 | $494,773 | $757,888 |
| July 31, 2024 | 990 | $1,808,194 | $1,685,592 | $122,602 | $1,233,794 | $441,458 | $792,336 |
| July 31, 2023 | 990 | $1,859,108 | $1,505,910 | $353,198 | $1,027,137 | $357,404 | $669,733 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $1,840,043
- of which government grants
- $1,201,250
- Membership dues
- $592,325
- Program service revenue
- $0
- Investment income
- $1,195
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $287,159
- Salaries, compensation and benefits (total)
- $1,119,424
- Professional fundraising fees
- $0
- Legal fees
- $16,129
- Accounting fees
- $48,749
- Occupancy
- $63,318
- Travel
- $3,952
- Depreciation
- $14,123
Balance sheet and other
- Total assets, start of year
- $1,233,794
- Total assets, end of year
- $1,252,661
- Total liabilities, end of year
- $494,773
- Net assets, end of year
- $757,888
- Land, buildings and equipment
- $9,227
- Gross receipts
- $1,841,238
- Employees
- 6
- Volunteers
- 0
- Year formed
- 1986
- 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 July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE CULBERTSON | PRESIDENT/CEO Trustee or director, Officer | 40 | $287,159 |
| DR BRYAN GULLEY | CHAIR Trustee or director, Officer | 1 | $0 |
| ANNA ALDRIDGE | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| MARK MEYER | TREASURER Trustee or director, Officer | 1 | $0 |
| KYLE SHARON | SECRETARY Trustee or director, Officer | 1 | $0 |
| BART BRASELTON | CHAIR BDAC Trustee or director, Officer | 1 | $0 |
| TOM YARDLEY | DIRECTOR Trustee or director | 1 | $0 |
| DENNIS BLACK | DIRECTOR Trustee or director | 1 | $0 |
| MATHEW GUZMAN | DIRECTOR Trustee or director | 1 | $0 |
| CHAD COURVILLE | DIRECTOR Trustee or director | 1 | $0 |
| PAULETTE GUAJARDO | DIRECTOR Trustee or director | 1 | $0 |
| ROLAND BARRERA | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT ROCHA | DIRECTOR Trustee or director | 1 | $0 |
| GEORGE POLAKIS | DIRECTOR Trustee or director | 1 | $0 |
| PETER ZANONI | DIRECTOR Trustee or director | 1 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GABE GUERRA | DIRECTOR Trustee or director | 1 | $0 |
| KENT BRITTON | DIRECTOR Trustee or director | 1 | $0 |
| CATHY SKUROW | DIRECTOR Trustee or director | 1 | $0 |
| CONNIE SCOTT | DIRECTOR Trustee or director | 1 | $0 |
| LENORA KEAS | DIRECTOR Trustee or director | 1 | $0 |
| DR KELLY MILLER | DIRECTOR Trustee or director | 1 | $0 |
| DR MICHELLE CAVAZOS | DIRECTOR Trustee or director | 1 | $0 |
| DR ROLAND HERNANDEZ | DIRECTOR Trustee or director | 1 | $0 |
| AL ARREOLA | DIRECTOR Trustee or director | 1 | $0 |
| BROOK KAUFFMAN | DIRECTOR Trustee or director | 1 | $0 |
| CURTIS CLARK | DIRECTOR Trustee or director | 1 | $0 |
| KEN TREVINO | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended July 31, 2024: 30 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE CULBERTSON | PRESIDENT/CEO Trustee or director, Officer | 40 | $287,700 |
| ROBERT GONZALEZ | CHAIR Trustee or director, Officer | 1 | $0 |
| DR BRYAN GULLEY | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| ANNA ALDRIDGE | TREASURER Trustee or director, Officer | 1 | $0 |
| ERIC EVANS | SECRETARY Trustee or director, Officer | 1 | $0 |
| MARK MEYER | CHAIR BDAC Trustee or director, Officer | 1 | $0 |
| JUDITH TALAVERA | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 |
| BART BRASELTON | DIRECTOR Trustee or director | 1 | $0 |
| MATHEW GUZMAN | DIRECTOR Trustee or director | 1 | $0 |
| ERIC EVANS | DIRECTOR Trustee or director | 1 | $0 |
| DENNIS BLACK | DIRECTOR Trustee or director | 1 | $0 |
| KYLE SHARON | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM GOLDSTON | DIRECTOR Trustee or director | 1 | $0 |
| DR REDDY | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT ROCHA | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL HUNTER | DIRECTOR Trustee or director | 1 | $0 |
| PAULETTE GUAJARDO | DIRECTOR Trustee or director | 1 | $0 |
| CATHY SKUROW | DIRECTOR Trustee or director | 1 | $0 |
| GABE GUERRA | DIRECTOR Trustee or director | 1 | $0 |
| CONNIE SCOTT | DIRECTOR Trustee or director | 1 | $0 |
| TOM YARDLEY | DIRECTOR Trustee or director | 1 | $0 |
| KELLY MILLER | DIRECTOR Trustee or director | 1 | $0 |
| LENORA KEAS | DIRECTOR Trustee or director | 1 | $0 |
| PETER ZANONI | DIRECTOR Trustee or director | 1 | $0 |
| KENT BRITTON | DIRECTOR Trustee or director | 1 | $0 |
| JOHN GREEN | DIRECTOR Trustee or director | 1 | $0 |
| AL ARREOLA | DIRECTOR Trustee or director | 1 | $0 |
| KEN TREVINO | DIRECTOR Trustee or director | 1 | $0 |
| DR ROLAND HERNANDEZ | DIRECTOR Trustee or director | 1 | $0 |
| BRETT OETTING | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended July 31, 2023: 29 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE CULBERTSON | PRESIDENT/CEO Key employee | 40 | $225,877 |
| PAUL GUILFOYLE | DIRECTOR Trustee or director | 1 | $0 |
| CHRIS HAMILTON | PAST CHAIR Trustee or director, Officer | 1 | $0 |
| ROBERT BLAIR | DIRECTOR Trustee or director | 1 | $0 |
| PHILIP RAMIREZ | SECRETARY Trustee or director, Officer | 1 | $0 |
| ADAM PHILLIPPI | DIRECTOR Trustee or director | 1 | $0 |
| JUDITH TALAVERA | BDAC CHAIR Trustee or director, Officer | 1 | $0 |
| JORDAN ANDERSON | CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| WILLIAM GOLDSTON | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| TOBY FUTRELL | DIRECTOR Trustee or director | 1 | $0 |
| BRYAN GULLEY | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT GONZALES | DIRECTOR Trustee or director | 1 | $0 |
| PAULETTE GUAJARDO | DIRECTOR Trustee or director | 1 | $0 |
| PETER ZANONI | DIRECTOR Trustee or director | 1 | $0 |
| CATHY SKUROW | DIRECTOR Trustee or director | 1 | $0 |
| GREG SMITH | DIRECTOR Trustee or director | 1 | $0 |
| RICHARD VALLS | TREASURER Trustee or director | 1 | $0 |
| SEAN STRAWBRIDGE | DIRECTOR Trustee or director | 1 | $0 |
| BARBARA CANALES | DIRECTOR Trustee or director | 1 | $0 |
| DAVID KREBS | DIRECTOR Trustee or director | 1 | $0 |
| KELLY MILLER | DIRECTOR Trustee or director | 1 | $0 |
| LENORA KEAS | DIRECTOR Trustee or director | 1 | $0 |
| MARSHALL DAVIDSON | DIRECTOR Trustee or director | 1 | $0 |
| GILBERT GOMEZ | DIRECTOR Trustee or director | 1 | $0 |
| JOHN LARUE | DIRECTOR Trustee or director | 1 | $0 |
| SYLVIA OLIVER | DIRECTOR Trustee or director | 1 | $0 |
| KEN TREVINO | DIRECTOR Trustee or director | 1 | $0 |
| BRETT OETTING | DIRECTOR Trustee or director | 1 | $0 |
| CHAD MAGILL | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 800 N SHORELINE BLVD 1300 S, CORPUS CHRISTI, TX 78401-0000
- Principal officer (990 for 2024)
- AARON BOWMAN, 800 N SHORELINE STE 1300S, CORPUS CHRISTI, TX 78401
- Signed the 990
- AARON BOWMAN, CEO
- Phone
- (361) 882-7448
- Website
- WWW.CCREDC.COM
- Return prepared by
- PERRONE TRIGGER & ASSOCIATES PC
Mission
THE MISSION OF THE CCREDC IS TO EXPAND AND ENHANCE THE REGION'S ECONOMIC BASE BY DEVELOPING AND/OR SUPPORTING PROJECTS THAT CREATE PRIMARY JOBS.
Program accomplishments
- MARKETING AND ATTRACTION - PORTION OF OUR PROGRAM DESIGNED TO EXPAND AND ENHANCE THE REGION'S ECONOMIC BASE BY MARKETING THE AREA TO BUSINESSES AND DEVELOPERS INTERESTED IN RELOCATING OR EXPANDING CURRENT OR FUTURE OPERATIONS.
- INVESTOR RELATIONS - DESIGNED TO ENCOURAGE INCREASED DISCRETIONARY CONTRIBUTIONS TO FURTHER THE GOALS AND OBJECTIVES OF OUR ORGANIZATION. CREATED A RESEARCH GROUP TO COLLECT AND PUBLISH USEFUL INFORMATION FOR BUSINESSES CONCERNING CURRENT ISSUES IMPACTING THE ECONOMY. EXAMPLES OF THIS INCLUDED INFORMATION RELATED TO HURRICANE DISASTERS AND THE COVID PANDEMIC. THIS INFORMATION WAS BROADCASTED VIA DIFFERENT TYPES OF MEDIA INCLUDING WEBINARS, ZOOM MEETINGS, PUBLIC SPEAKING EVENTS, EMAILS AND WEBSITE.
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 July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 74-2424224
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1988
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,252,661
- Income (IRS master file)
- $1,841,238
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $1,841,238 | $1,875,686 | $1,252,661 | XML |
| 990 | July 2024 | $1,808,194 | $1,685,592 | $1,233,794 | XML |
| 990 | July 2023 | $1,859,108 | $1,505,910 | $1,027,137 | XML |
| 990 | July 2022 | $1,988,546 | $2,035,579 | $954,364 | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 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 74-2424224).
Questions about CORPUS CHRISTI REGIONAL ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of CORPUS CHRISTI REGIONAL ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of CORPUS CHRISTI REGIONAL ECONOMIC DEVELOPMENT CORPORATION is 74-2424224.
- Is CORPUS CHRISTI REGIONAL ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1988.
- Are donations to CORPUS CHRISTI REGIONAL ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CORPUS CHRISTI REGIONAL 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 CORPUS CHRISTI REGIONAL ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CORPUS CHRISTI REGIONAL ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of CORPUS CHRISTI REGIONAL ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended July 31, 2025 names AARON BOWMAN.
- Who are the officers and directors of CORPUS CHRISTI REGIONAL ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended July 31, 2025 lists 27 people; 1 received compensation from the organization, the highest $287,159 (MIKE CULBERTSON, PRESIDENT/CEO).
- How much revenue does CORPUS CHRISTI REGIONAL ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $1,841,238, expenses of $1,875,686 and total assets of $1,252,661 at year end.
Other nonprofits in CORPUS CHRISTI
- NUECES COUNTY MENTAL HEALTH & MENTAL RETARDATION COMMUNITY CENTE EIN 74-1623759 · last filed 990 for 2025
- COMPASSIONATE CARE MEDICAL CLINIC EIN 93-1558508 · last filed 990 for 2025
- LOUISE ALLEN FOUNDATION EIN 82-1338031 · last filed 990-PF for 2025
- ANNAPOLIS CHRISTIAN ACADEMY EIN 74-2754850 · last filed 990 for 2025
- CIRCLES OF CARE EIN 74-2927898 · last filed 990 for 2025
- WINDOW LEDGE FOUNDATION EIN 74-2959617 · last filed 990 for 2024
- CORPUS CHRISTI TOURISM PUBLIC IMPROVEMENT DISTRICT EIN 88-3773026 · last filed 990 for 2025
- CORPUS CHRISTI ASSOC OF REALTORS INC EIN 74-0573965 · last filed 990 for 2024