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Nonprofit · EIN 74-2491504

ECONOMIC DEVELOPMENT CORPORATION OF THREE RIVERS TEXAS

Tax-exempt (reinstated) · THREE RIVERS, TX 78071

Financials

−$2K$17K2023−$27K$40K2024−$8K$18K2025
Revenue Expenses · by fiscal year end
Financials of ECONOMIC DEVELOPMENT CORPORATION OF THREE RIVERS TEXAS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-$8,184$18,441-$26,625$649,203$0$649,203
December 31, 2024990-$26,540$40,038-$66,578$675,828$0$675,828
December 31, 2023990-$2,499$16,688-$19,187$742,408$2$742,406
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$7,367
Program service revenue
$5,171
Investment income
$3,872
Net rental income
-$24,594
Other revenue
-$24,594

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$5,335
Program services (functional)
$18,441

Balance sheet and other

Total assets, start of year
$675,828
Total assets, end of year
$649,203
Total liabilities, end of year
$0
Net assets, end of year
$649,203
Land, buildings and equipment
$362,289
Gross receipts
$23,830
Employees
0
Year formed
1995
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
JIM HUFFChairman
Trustee or director
1$0
ANDREW AMARODirector
Trustee or director
0$0
SALLY RODRIGUEZDirector
Trustee or director
0$0
GILDA RAMIREZDirector
Trustee or director
0$0
DORA CRUZTreasurer
Trustee or director
0.5$0
PATSY ROBERTSDirector
Trustee or director
0.5$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
JIM HUFFChairman
Trustee or director
1$0
ANDREW AMARODirector
Trustee or director
0$0
SALLY RODRIGUEZDirector
Trustee or director
0$0
GILDA RAMIREZDirector
Trustee or director
0$0
DORA CRUZTreasurer
Trustee or director
0.5$0
PATSY ROBERTSDirector
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
JIM HUFFChairman
Trustee or director
1$0
ANDREW AMARODirector
Trustee or director
0$0
SALLY RODRIGUEZDirector
Trustee or director
0$0
GILDA RAMIREZDirector
Trustee or director
0$0
DORA CRUZTreasurer
Trustee or director
0.5$0
PATSY ROBERTSDirector
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
PO BOX 1677, THREE RIVERS, TX 78071-1677
Signed the 990
JIM HUFF, Chairman
Phone
(361) 786-2528
Return prepared by
Florette E Spires CPA PC

Mission

ECONOMIC DEVELOPMENT OF THREE RIVERS

990 for the year ended December 31, 2025

Program accomplishments

  • TO OFFER LOW INTEREST LOANS FOR ECONOMIC DEVELOPMENT OF THE CITY OF THREE RIVERS, TX.
    Expenses $18,441 · revenue $5,171
  • TO PROMOTE DEVELOPMENT OF THE CITY BY LEASING REAL ESTATE TO COMMUNITY BUSINESSES.

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
74-2491504
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
2014
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$649,203
Income (IRS master file)
$23,830

Revocation and reinstatement

Exemption revoked
May 15, 2011
Posted by the IRS
February 22, 2012
Reinstated
Effective May 15, 2011

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025-$8,184$18,441$649,203XML
990December 2024-$26,540$40,038$675,828XML
990December 2023-$2,499$16,688$742,408XML
990December 2022-$2,491$18,784$761,595IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 74-2491504).

Questions about ECONOMIC DEVELOPMENT CORPORATION OF THREE RIVERS TEXAS

What is the EIN of ECONOMIC DEVELOPMENT CORPORATION OF THREE RIVERS TEXAS?
The employer identification number (EIN) of ECONOMIC DEVELOPMENT CORPORATION OF THREE RIVERS TEXAS is 74-2491504.
Is ECONOMIC DEVELOPMENT CORPORATION OF THREE RIVERS TEXAS tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2011 and reinstated it effective May 15, 2011.
Are donations to ECONOMIC DEVELOPMENT CORPORATION OF THREE RIVERS TEXAS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ECONOMIC DEVELOPMENT CORPORATION OF THREE RIVERS TEXAS file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of ECONOMIC DEVELOPMENT CORPORATION OF THREE RIVERS TEXAS due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ECONOMIC DEVELOPMENT CORPORATION OF THREE RIVERS TEXAS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who are the officers and directors of ECONOMIC DEVELOPMENT CORPORATION OF THREE RIVERS TEXAS?
The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does ECONOMIC DEVELOPMENT CORPORATION OF THREE RIVERS TEXAS have?
On its 990 for the year ended December 31, 2025 it reported revenue of -$8,184, expenses of $18,441 and total assets of $649,203 at year end.

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