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Nonprofit · EIN 75-2196027

FORT WORTH LOCAL DEVELOPMENT CORPORATION

Tax-exempt · FORT WORTH, TX 76102

Financials

$227K$1.3M2022$483K$2.8M2023$224K$1.1M2024
Revenue Expenses · by fiscal year end
Financials of FORT WORTH LOCAL DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$224,415$1,076,479-$852,064$6,893,578$0$6,893,578
September 30, 2024990$482,939$2,787,955-$2,305,016$7,745,642$0$7,745,642
September 30, 2023990$227,239$1,301,570-$1,074,331$9,208,633$3,150$9,205,483
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$6,000
Investment income
$186,761
Royalties
$31,654
Other revenue
$31,654

Expenses

Grants and similar amounts paid
$991,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,675
Program services (functional)
$1,073,363
Management and general (functional)
$3,116

Balance sheet and other

Total assets, start of year
$7,745,642
Total assets, end of year
$6,893,578
Total liabilities, end of year
$0
Net assets, end of year
$6,893,578
Land, buildings and equipment
$144,655
Net assets without donor restrictions
$6,893,578
Gross receipts
$224,415
Employees
0
Volunteers
0
Year formed
1987
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 / weekCompensationFrom related orgs
REGINALD ZENOTREASURER
Trustee or director, Officer
1$0$237,063
MATTIE PARKERTRUSTEE
Trustee or director
1$0$29,000
MICHAEL CRAINTRUSTEE
Trustee or director
1$0$25,000
CHARLES LAUERSDORFTRUSTEE
Trustee or director
1$0$25,000
MIA HALLTRUSTEE
Trustee or director
1$0$25,000
MACY HILLTRUSTEE
Trustee or director
1$0$25,000
CHRIS NETTLESTRUSTEE
Trustee or director
1$0$25,000
ELIZABETH BECKTRUSTEE
Trustee or director
1$0$25,000
CARLOS FLORESTRUSTEE
Trustee or director
1$0$25,000
JEANETTE MARTINEZTRUSTEE
Trustee or director
1$0$25,000
DEBORAH PEOPLESVICE PRESIDENT
Trustee or director, Officer
1$0$25,000
ALAN BLAYLOCKPRESIDENT
Trustee or director, Officer
1$0$25,000
990 for the year ended September 30, 2024: 12 people
NameTitleHours / weekCompensationFrom related orgs
REGINALD ZENOTREASURER
Officer
1$0$229,897
MATTIE PARKERTRUSTEE
Trustee or director
1$0$28,995
MICHAEL CRAINTRUSTEE
Trustee or director
1$0$25,002
CHARLES LAUERSDORFTRUSTEE
Trustee or director
1$0$25,002
JARED WILLIAMSTRUSTEE
Trustee or director
1$0$25,002
MACY HILLTRUSTEE
Trustee or director
1$0$25,002
CHRIS NETTLESTRUSTEE
Trustee or director
1$0$25,002
ELIZABETH BECKTRUSTEE
Trustee or director
1$0$25,002
CARLOS FLORESTRUSTEE
Trustee or director
1$0$25,002
JEANETTE MARTINEZTRUSTEE
Trustee or director
1$0$25,002
GYNA BIVENSPRESIDENT / CHAIRMAN
Trustee or director, Officer
1$0$25,002
ALAN BLAYLOCKVICE PRESIDENT
Trustee or director, Officer
1$0$25,002
990 for the year ended September 30, 2023: 12 people
NameTitleHours / weekCompensationFrom related orgs
MATTIE PARKERTRUSTEE
Trustee or director
1$0$29,000
CARLOS FLORESTRUSTEE
Trustee or director
1$0$25,000
MICHAEL CRANETRUSTEE
Trustee or director
1$0$25,000
CHARLES LAUERSDORFTRUSTEE
Trustee or director
1$0$25,000
JARED WILLIAMSTRUSTEE
Trustee or director
1$0$25,000
MACY HILLTRUSTEE
Trustee or director
1$0$25,000
CHRIS NETTLESTRUSTEE
Trustee or director
1$0$25,000
ELIZABETH BECKTRUSTEE
Trustee or director
1$0$25,000
JEANETTE MARTINEZTRUSTEE
Trustee or director
1$0$25,000
GYNA M BIVENSPRESIDENT/CHAIRMAN
Trustee or director, Officer
1$0$25,000
ALAN BLAYLOCKVICE PRESIDENT
Trustee or director, Officer
1$0$25,000
REGINALD ZENOTREASURER
Officer
1$0$25,000

Address and contacts

Address (IRS master file)
100 FORT WORTH TRL, FORT WORTH, TX 76102-2661
In care of
% FINANCE DEPARTMENT JUDY WALTON
Principal officer (990 for 2024)
ALAN BLAYLOCK, 100 FORT WORTH TRAIL, FORT WORTH, TX 76102
Signed the 990
ALAN BLAYLOCK, PRESIDENT
Phone
(817) 392-2606
Return prepared by
WEAVER AND TIDWELL LLP

Mission

THE ORGANIZATION IS A NON-PROFIT INCORPORATED TO PROMOTE, SPONSOR, AND COORDINATE A WIDE RANGE OF ACTIVITIES CENTERED AROUND JOB CREATION AND ECONOMIC DEVELOPMENT WITHIN THE CITY OF FORT WORTH. UNDER THE TEXAS DEVELOPMENT CORPORATION ACT BY THE AUTHORITY OF THE FORT WORTH CITY COUNCIL.

990 for the year ended September 30, 2025

Program accomplishments

  • CONTRACT SERVICES FOR VENDORS CITY OF FORT WORTH (AECOM- TEXAS A&M SOUTHEAST DOWNTOWN PROJECT) $765,000 AND WEAVER $3,675. REVENUE $31,654.39 GAS LEASE ROYALTIES, $6,000 PROGRAM INCOME, AND $186,760.97 INTEREST/INVESTMENT.
    Expenses $768,675 · grants $765,000 · revenue $6,000
  • URBAN MAIN PILOT PROGRAM TOTALING $138,500 GIVEN TO SOUTHEAST FORT WORTH INC AND FORT WORTH HISPANIC CHAMBER OF COMMERCE IN AGREEMENT FOR THE MAIN STREET PILOT PROGRAM GRANT. PILOT PROGRAM TO SUPPORT COMMUNITY ECONOMIC DEVELOPLMENT AND COMMERCIAL DISTRIC REVITALIZATION EFFORTS IN TWO CORRIDORS OF THE CITY OF FORT WORTH.
    Expenses $138,500 · grants $138,500
  • CONTRACTUAL SERVICES TOTALLING $99,489 FOR VENDORS GRAHAM ROBINSON (MOWING AND LANDSCAPING SERVICES) AND THE DEC (ENTREPRENEURSHIP). OTHER CONTRACTUAL SERVICES TOTALLING $36,699 FOR VENDORS CAMP BOWIE DISTRICT (LAKE COMO PROJECT) AND CITY OF FORT WORTH (INTUIT QUICKBOOK SUBSCRIPTION)
    Expenses $136,188 · grants $87,500
  • MARKETING AND RESEARCH TOTALLING $30,000 FOR VENDOR "BRAVER TOGETHER TARRANT" EXPENDITURES.
    Expenses $30,000

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 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
75-2196027
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Exempt since
1989
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,893,578
Income (IRS master file)
$224,415

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$224,415$1,076,479$6,893,578IRS
990September 2024$482,939$2,787,955$7,745,642XML
990September 2023$227,239$1,301,570$9,208,633XML
990September 2022$121,180$946,612$10,319,610IRS
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 75-2196027).

Questions about FORT WORTH LOCAL DEVELOPMENT CORPORATION

What is the EIN of FORT WORTH LOCAL DEVELOPMENT CORPORATION?
The employer identification number (EIN) of FORT WORTH LOCAL DEVELOPMENT CORPORATION is 75-2196027.
Is FORT WORTH LOCAL DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Which annual return does FORT WORTH LOCAL 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 FORT WORTH LOCAL DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FORT WORTH LOCAL 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 FORT WORTH LOCAL DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2025 names ALAN BLAYLOCK.
Who are the officers and directors of FORT WORTH LOCAL DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does FORT WORTH LOCAL DEVELOPMENT CORPORATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $224,415, expenses of $1,076,479 and total assets of $6,893,578 at year end.

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