Nonprofit · EIN 74-2609452
EDINBURG ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · EDINBURG, TX 78539
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $12,082,816 | $8,059,599 | $4,023,217 | $51,569,494 | $30,585,019 | $20,984,475 |
| September 30, 2024 | 990 | $11,968,911 | $18,608,091 | -$6,639,180 | $55,039,151 | $38,077,893 | $16,961,258 |
| September 30, 2023 | 990 | $10,737,776 | $4,240,085 | $6,497,691 | $57,356,778 | $33,756,340 | $23,600,438 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $10,767,447
- Investment income
- $456,524
- Other revenue
- $858,845
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $193,000
- Other salaries and wages
- $266,049
- Salaries, compensation and benefits (total)
- $627,767
- Professional fundraising fees
- $0
- Accounting fees
- $18,900
- Occupancy
- $13,680
- Travel
- $27,366
- Depreciation
- $41,787
- Program services (functional)
- $7,684,430
- Management and general (functional)
- $375,169
Balance sheet and other
- Total assets, start of year
- $55,039,151
- Total assets, end of year
- $51,569,494
- Total liabilities, end of year
- $30,585,019
- Net assets, end of year
- $20,984,475
- Land, buildings and equipment
- $6,473,223
- Net assets with donor restrictions
- $20,984,475
- Gross receipts
- $12,082,816
- Employees
- 0
- Year formed
- 1990
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Raudel Garza | Executive Director Key employee, Highest-paid employee | – | $193,000 |
| Aaron Rivera | President Trustee or director | – | $0 |
| Marc Moran | Secretary Trustee or director | – | $0 |
| Richard Gonzales | Treasurer Trustee or director | – | $0 |
| David Salazar | Member Trustee or director | – | $0 |
| Veronica Gonzales | Member Trustee or director | – | $0 |
| Sandra Alaniz | Member Trustee or director | – | $0 |
| Gregory Vasquez | Member Trustee or director | – | $0 |
| Karina Lopez | Assistant Executive Director Key employee | – | $0 |
990 for the year ended September 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Raudel Garza | Executive Director Key employee | – | $170,506 |
| Veronica Gonzales | President Trustee or director | – | $0 |
| Raul Resendez | Vice President Trustee or director | – | $0 |
| Aaron Rivera | Secretary Trustee or director | – | $0 |
| Eddie Garza | Treasurer Trustee or director | – | $0 |
| Daniel Diaz | Member Trustee or director | – | $0 |
| Sabrina Walker Hernandez | Member Trustee or director | – | $0 |
| Richard Gonzales | Member Trustee or director | – | $0 |
990 for the year ended September 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Raudel Garza | Executive Director Key employee | – | $170,506 |
| Veronica Gonzales | President Trustee or director | – | $0 |
| Raul Resendez | Vice President Trustee or director | – | $0 |
| Aaron Rivera | Secretary Trustee or director | – | $0 |
| Eddie Garza | Treasurer Trustee or director | – | $0 |
| Daniel Diaz | Member Trustee or director | – | $0 |
| Sabrina Walker Hernandez | Member Trustee or director | – | $0 |
| Richard Gonzales | Member Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 3111 W FREDDY GONZALEZ DR, EDINBURG, TX 78539-8897
- In care of
- % RAUDEL GARZA
- Principal officer (990 for 2024)
- Raudel Garza, 3111 W Freddy Gonzalez Dr, Edinburg, TX 78539
- Signed the 990
- Raudel Garza, Executive Director
- Phone
- (956) 388-8207
- Website
- CITYOFEDINBURG.COM
- Return prepared by
- Cascos & Associates PC
Mission
To promote Economic Development of Edinburg, Texas.
Program accomplishments
- Companies were contracted with the proposal to locate and enhance economic development in Edinburg, Texas.Expenses $7,684,430 · revenue $10,814,880
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 74-2609452
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1992
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $51,569,494
- Income (IRS master file)
- $12,082,816
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $12,082,816 | $8,059,599 | $51,569,494 | XML |
| 990 | September 2024 | $11,968,911 | $18,608,091 | $55,039,151 | XML |
| 990 | September 2023 | $10,737,776 | $4,240,085 | $57,356,778 | XML |
| 990 | September 2022 | $9,281,124 | $6,849,295 | $53,293,991 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 74-2609452).
Questions about EDINBURG ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of EDINBURG ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of EDINBURG ECONOMIC DEVELOPMENT CORPORATION is 74-2609452.
- Is EDINBURG ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1992.
- Are donations to EDINBURG ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does EDINBURG 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 EDINBURG 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 EDINBURG 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 EDINBURG ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended September 30, 2025 names Raudel Garza.
- Who are the officers and directors of EDINBURG ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended September 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $193,000 (Raudel Garza, Executive Director).
- How much revenue does EDINBURG ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $12,082,816, expenses of $8,059,599 and total assets of $51,569,494 at year end.
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