Nonprofit · EIN 74-2518686
MEDINA ECONOMIC DEVELOPMENT
Tax-exempt (reinstated) · HONDO, TX 78861
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $113,940 | $131,787 | -$17,847 | $164,931 | – | $164,931 |
| December 31, 2024 | 990-EZ | $160,624 | $115,709 | $44,915 | $182,778 | – | $182,778 |
| December 31, 2023 | 990-EZ | $86,797 | $133,026 | -$46,229 | $148,832 | – | $148,832 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $50,000
- Membership dues
- $59,052
- Program service revenue
- $0
- Investment income
- $4,888
Expenses
- Benefits paid to members
- $18,390
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $99,160
- Professional fees and payments to contractors
- $1,000
- Occupancy
- $2,655
- Printing, publications and postage
- $6,349
- Other expenses
- $4,233
- Program services (functional)
- $131,787
Balance sheet and other
- Total assets, start of year
- $182,778
- Total assets, end of year
- $164,931
- Total liabilities, end of year
- –
- Net assets, end of year
- $164,931
- Cash, savings and investments
- $164,931
- Gross receipts
- $113,940
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Keith Lutz | Chairman | 1 | $0 |
| Michael Harkins | Vice Chairman | 1 | $0 |
| Breanne Granburg | Treasurer | 1 | $0 |
| James Herrera | Secretary | 1 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Keith Lutz | Chairman | 1 | $0 |
| Michael Harkins | Vice Chairman | 1 | $0 |
| Breanne Granburg | Treasurer | 1 | $0 |
| Brad Boyd | Secretary | 1 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Keith Lutz | Chairman | 1 | $0 |
| Michael Harkins | Vice Chairman | 1 | $0 |
| Mary Mangold | Treasurer | 1 | $0 |
| Brad Boyd | Secretary | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 73, HONDO, TX 78861-0073
- Signed the 990-EZ
- Breanne Granburg, Treasurer
- Phone
- (830) 444-2208
- Return prepared by
- Medina Valley CPA
Mission
Economic Development in Medina County
Program accomplishments
- Meetings and communication to promote economic development within Medina CountyExpenses $131,787
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 74-2518686
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $164,931
- Income (IRS master file)
- $113,940
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- June 9, 2011
- Reinstated
- Effective May 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $113,940 | $131,787 | $164,931 | IRS |
| 990-EZ | December 2024 | $160,624 | $115,709 | $182,778 | XML |
| 990-EZ | December 2023 | $86,797 | $133,026 | $148,832 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 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 74-2518686).
Questions about MEDINA ECONOMIC DEVELOPMENT
- What is the EIN of MEDINA ECONOMIC DEVELOPMENT?
- The employer identification number (EIN) of MEDINA ECONOMIC DEVELOPMENT is 74-2518686.
- Is MEDINA ECONOMIC DEVELOPMENT tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
- Are donations to MEDINA ECONOMIC DEVELOPMENT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MEDINA ECONOMIC DEVELOPMENT 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 MEDINA ECONOMIC DEVELOPMENT 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 MEDINA ECONOMIC DEVELOPMENT last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of MEDINA ECONOMIC DEVELOPMENT?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does MEDINA ECONOMIC DEVELOPMENT have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $113,940, expenses of $131,787 and total assets of $164,931 at year end.
Other nonprofits in HONDO
- MEDINA COUNTY FOOD PANTRY INC EIN 74-2592212 · last filed 990 for 2025
- CORNERSTONE ASSISTANCE NETWORK OF HONDO EIN 81-1566806 · last filed 990-N for 2025
- MEDINA ELECTRIC COOPERATIVE INC EIN 74-0779023 · last filed 990 for 2024
- COMMUNITY EMS INCORPORATED EIN 74-2049756 · last filed 990 for 2026
- MEDINA COUNTY JUNIOR LIVESTOCK SHOW INC EIN 26-1396676 · last filed 990 for 2025
- BLUEBONNET CHILDRENS CENTER EIN 74-2999054 · last filed 990 for 2025
- MEDINA SENIOR CENTER INC EIN 20-2930783 · last filed 990 for 2025
- STAN AND GERRY SIGMAN FOUNDATION EIN 20-8081351 · last filed 990-PF for 2024