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Nonprofit · EIN 74-2844479

FLORESVILLE ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · FLORESVILLE, TX 78114

Financials

$1.3M$943K2022$1.4M$944K2023$1.5M$979K2024
Revenue Expenses · by fiscal year end
Financials of FLORESVILLE ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$1,454,863$979,364$475,499$6,263,089$2,806,467$3,456,622
September 30, 2024990$1,397,839$944,145$453,694$6,091,068$3,051,626$3,039,442
September 30, 2023990$1,263,424$942,720$320,704$5,879,517$3,284,728$2,594,789
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,317,875
Investment income
$130,985
Other revenue
$6,003

Expenses

Grants and similar amounts paid
$42,634
Compensation of officers, directors and key employees
$0
Other salaries and wages
$115,046
Salaries, compensation and benefits (total)
$144,359
Professional fundraising fees
$0
Legal fees
$20,361
Accounting fees
$62,000
Occupancy
$11,614
Travel
$20,545
Depreciation
$90,283
Program services (functional)
$837,517
Management and general (functional)
$141,847

Balance sheet and other

Total assets, start of year
$6,091,068
Total assets, end of year
$6,263,089
Total liabilities, end of year
$2,806,467
Net assets, end of year
$3,456,622
Land, buildings and equipment
$3,364,636
Net assets without donor restrictions
$3,456,622
Gross receipts
$1,454,863
Employees
1
Year formed
1997
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.

NameTitleHours / weekCompensation
STEPHEN MOOREDIRECTOR
Trustee or director
1$0
CHARLOTTE XIMENEZ NELSONASSISTANT EXECUTIVE DIRECTOR
Trustee or director
1$0
DREW POPEDIRECTOR
Trustee or director
1$0
RANDY BRUETTVICE PRESIDENT
Trustee or director
1$0
ALTON RAY LAMBERTHPRESIDENT
Trustee or director
1$0
ANGELA MORALES TURNERSECRETARY
Trustee or director
1$0
BENJAMIN LAMBRETHDIRECTOR
Trustee or director
1$0
MICHELLE TACKITTTREASURER
Trustee or director
1$0
990 for the year ended September 30, 2024: 8 people
NameTitleHours / weekCompensation
STEPHEN MOOREDIRECTOR
Trustee or director
1$0
CHARLOTTE XIMENEZ NELSONASSISTANT EXECUTIVE DIRECTOR
Trustee or director
1$0
DREW POPEDIRECTOR
Trustee or director
1$0
RANDY BRUETTDIRECTOR
Trustee or director
1$0
ALTON RAY LAMBERTHDIRECTOR
Trustee or director
1$0
ANGELA MORALES TURNERDIRECTOR
Trustee or director
1$0
BENJAMIN LAMBRETHDIRECTOR
Trustee or director
1$0
MICHELLE TACKITTDIRECTOR
Trustee or director
1$0
990 for the year ended September 30, 2023: 8 people
NameTitleHours / weekCompensation
BEN REEDEXECUTIVE DIRECTOR
Officer
1$49,679
CHARLOTTE XIMENEZ NELSONDIRECTOR
Trustee or director
1$0
NICK NISSENDIRECTOR
Trustee or director
1$0
DAVID DEL BOSQUEDIRECTOR
Trustee or director
1$0
JACOB SILVADIRECTOR
Trustee or director
1$0
JOEL ARROYODIRECTOR
Trustee or director
1$0
MARY HELEN TIEKENDIRECTOR
Trustee or director
1$0
SAM CARTERDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1120 D ST, FLORESVILLE, TX 78114-2232
Principal officer (990 for 2024)
RAY LAMBERTH, 1120 D STREET, FLORESVILLE, TX 78114
Signed the 990
RAY LAMBERTH, PRESIDENT
Phone
(830) 393-3965
Return prepared by
Leal & Carter PC

Mission

THE PROMOTION AND ASSISTANCE IN ECONOMIC DEVELOPMENT IN THE CITY OF FLORESVILLE, WHICH PROMOTES EMPLOYMENT WITHIN THE CITY.

990 for the year ended September 30, 2025

Program accomplishments

  • DEVELOP, IMPLEMENT, PROMOTE AND FINANCE PROJECTS FOR THE CITY OF FLORESVILLE FOR THE PURPOSE OF ECONOMIC DEVELOPMENT AND TOURISM.
    Expenses $837,517 · revenue $1,454,863

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 yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
74-2844479
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1997
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,263,089
Income (IRS master file)
$1,454,863

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$1,454,863$979,364$6,263,089XML
990September 2024$1,397,839$944,145$6,091,068XML
990September 2023$1,263,424$942,720$5,879,517XML
990September 2022$1,324,510$974,539$5,898,356IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 74-2844479).

Questions about FLORESVILLE ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of FLORESVILLE ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of FLORESVILLE ECONOMIC DEVELOPMENT CORPORATION is 74-2844479.
Is FLORESVILLE ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1997.
Are donations to FLORESVILLE ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FLORESVILLE 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 FLORESVILLE 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 FLORESVILLE 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 FLORESVILLE ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2025 names RAY LAMBERTH.
Who are the officers and directors of FLORESVILLE ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does FLORESVILLE ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $1,454,863, expenses of $979,364 and total assets of $6,263,089 at year end.

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