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Nonprofit · EIN 75-2254467

TYLER ECONOMIC DEVELOPMENT COUNCIL

Tax-exempt · TYLER, TX 75702

Financials

$1.8M$1.6M2023$4M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of TYLER ECONOMIC DEVELOPMENT COUNCIL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$4,000,272$1,562,351$2,437,921$16,646,576$4,537,142$12,109,434
September 30, 2024990$1,766,903$1,566,426$200,477$12,156,758$2,258,793$9,897,965
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$743,750
of which government grants
$215,742
Program service revenue
$0
Investment income
$3,198,961
Net rental income
$37,991
Net gain from sales of assets
$3,068,060
Other revenue
$57,561

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$305,022
Other salaries and wages
$364,004
Salaries, compensation and benefits (total)
$825,068
Professional fundraising fees
$0
Occupancy
$42,487
Travel
$22,465
Depreciation
$65,820
Program services (functional)
$1,403,606
Management and general (functional)
$158,745

Balance sheet and other

Total assets, start of year
$12,156,758
Total assets, end of year
$16,646,576
Total liabilities, end of year
$4,537,142
Net assets, end of year
$12,109,434
Land, buildings and equipment
$12,825,879
Publicly traded securities
$30,184
Net assets without donor restrictions
$11,186,532
Net assets with donor restrictions
$922,902
Gross receipts
$6,862,983
Employees
7
Volunteers
63
Year formed
1989
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 / weekCompensationOther / benefits
SCOTT MARTINEZPresident
Trustee or director, Officer
40$295,536$50,637
BARRY BEAMANDirector
Trustee or director
1$0$0
MIKE THOMASDirector
Trustee or director
1$0$0
LEE GIBSONTreasurer
Trustee or director, Officer
1$0$0
EDWARD BROUSSARDCITY REP.
Trustee or director, Officer
1$0$0
REA BOUDREAUXDirector
Trustee or director
1$0$0
SHANNON DACUSDirector
Trustee or director
1$0$0
CLAY BRASHERDirector
Trustee or director
1$0$0
BARBARA BASSDirector
Trustee or director
1$0$0
DWIGHT FENNELLDirector
Trustee or director
1$0$0
MARTY CRAWFORDDirector
Trustee or director
1$0$0
TOM ELLISDirector
Trustee or director
1$0$0
DONALD WARRENDirector
Trustee or director
1$0$0
TOM PERKINSDirector
Trustee or director
1$0$0
CHARLES GORDONDirector
Trustee or director
1$0$0
38 more people on this return
NameTitleHours / weekCompensation
DONALD BAKERAt Large
Trustee or director, Officer
1$0
CHARLES HILLImm. Past Chair
Trustee or director, Officer
1$0
ROY MARTINEZVice Chairman
Trustee or director, Officer
1$0
RAY MCKINNEYChairman
Trustee or director, Officer
1$0
HENRY BELLDirector
Trustee or director
1$0
NEAL FRANKLINCOUNTY REP.
Trustee or director, Officer
1$0
HERBERT C BUIEDirector
Trustee or director
1$0
LONNY UZZELLDirector
Trustee or director
1$0
BOBBY CURTISDirector
Trustee or director
1$0
GARNETT BROOKSHIREAT LARGE
Trustee or director, Officer
1$0
GLENN GREENDirector
Trustee or director
1$0
ERICA HALLMARKDirector
Trustee or director
1$0
JAMES SHERIDANDirector
Trustee or director
1$0
MARK WHATLEYDirector
Trustee or director
1$0
JEFF JONSTONDirector
Trustee or director
1$0
BRAD CURTISSecretary
Trustee or director, Officer
1$0
MICHAEL BOSWORTHDirector
Trustee or director
1$0
RANDY ROBERTSDirector
Trustee or director
1$0
GREG ADCOCKDirector
Trustee or director
1$0
JASON PROCTORAt Large
Trustee or director, Officer
1$0
JULIE PHILLEYDirector
Trustee or director
1$0
RANDY REYNOLDSDirector
Trustee or director
1$0
BRENT BYERSDirector
Trustee or director
1$0
TODD BUCHANANDirector
Trustee or director
1$0
OCTAVIO TELLEZDirector
Trustee or director
1$0
JEREMY DOYLEDirector
Trustee or director
1$0
DR JUAN MEJIADirector
Trustee or director
1$0
JIM THOMPSONDirector
Trustee or director
1$0
THOMAS NEUHOFFDirector
Trustee or director
1$0
THOMAS SMITHDirector
Trustee or director
1$0
TOM TRIMBLEDirector
Trustee or director
1$0
WALTER WILHELMIDirector
Trustee or director
1$0
TAYLOR BURNSDirector
Trustee or director
1$0
BILL MARTINDirector
Trustee or director
1$0
ANITA MEYERDirector
Trustee or director
1$0
JOE HEBBDirector
Trustee or director
1$0
BARHAM FULMERDirector
Trustee or director
1$0
FELICITY REEDYDirector
Trustee or director
1$0
990 for the year ended September 30, 2024: 48 people
NameTitleHours / weekCompensationOther / benefits
SCOTT MARTINEZPresident
Trustee or director, Officer
40$278,481$48,370
JOSHUA JOHNSTONDirector
Trustee or director
1$0$0
MIKE THOMASDirector
Trustee or director
1$0$0
LEE GIBSONTreasurer
Trustee or director, Officer
1$0$0
JAMES MURPHYDirector
Trustee or director
1$0$0
EDWARD BROUSSARDCITY REP.
Trustee or director, Officer
1$0$0
PAT STACEYTACC CHAIR
Trustee or director, Officer
1$0$0
ED THOMPSONDirector
Trustee or director
1$0$0
REA BOUDREAUXDirector
Trustee or director
1$0$0
SHANNON DACUSDirector
Trustee or director
1$0$0
BARBARA BASSDirector
Trustee or director
1$0$0
DWIGHT FENNELLDirector
Trustee or director
1$0$0
TOM ELLISDirector
Trustee or director
1$0$0
DONALD WARRENDirector
Trustee or director
1$0$0
TOM PERKINSDirector
Trustee or director
1$0$0
WESLEY HAMMDirector
Trustee or director
1$0$0
CHARLES GORDONDirector
Trustee or director
1$0$0
ROSEMARY JONESDirector
Trustee or director
1$0$0
DONALD BAKERAt Large
Trustee or director, Officer
1$0$0
CHARLES HILLImm. Past Chair
Trustee or director, Officer
1$0$0
ROY MARTINEZVice Chairman
Trustee or director, Officer
1$0$0
RAY MCKINNEYChairman
Trustee or director, Officer
1$0$0
HENRY BELLDirector
Trustee or director
1$0$0
NEAL FRANKLINCOUNTY REP.
Trustee or director, Officer
1$0$0
HERBERT C BUIEDirector
Trustee or director
1$0$0
LONNY UZZELLDirector
Trustee or director
1$0$0
MYLENDA HENSLEYDirector
Trustee or director
1$0$0
BOBBY CURTISDirector
Trustee or director
1$0$0
GARNETT BROOKSHIREAT LARGE
Trustee or director, Officer
1$0$0
CLAUDE HENRYDirector
Trustee or director
1$0$0
JAMES SHERIDANDirector
Trustee or director
1$0$0
MARK WHATLEYDirector
Trustee or director
1$0$0
ARCHIE TUCKERDirector
Trustee or director
1$0$0
BRAD CURTISSecretary
Trustee or director, Officer
1$0$0
MICHAEL BOSWORTHDirector
Trustee or director
1$0$0
RANDY ROBERTSDirector
Trustee or director
1$0$0
GREG ADCOCKDirector
Trustee or director
1$0$0
JASON PROCTORAt Large
Trustee or director, Officer
1$0$0
JULIE PHILLEYDirector
Trustee or director
1$0$0
BRENT BYERSDirector
Trustee or director
1$0$0
TODD BUCHANANDirector
Trustee or director
1$0$0
JEREMY DOYLEDirector
Trustee or director
1$0$0
DR JUAN MEJIADirector
Trustee or director
1$0$0
JEFF HARRISDirector
Trustee or director
1$0$0
AMBER OWENDirector
Trustee or director
1$0$0
JIM THOMPSONDirector
Trustee or director
1$0$0
THOMAS NEUHOFFDirector
Trustee or director
1$0$0
THOMAS SMITHDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
315 N BROADWAY AVE, TYLER, TX 75702-5712
Principal officer (990 for 2024)
SCOTT MARTINEZ, 315 N BROADWAY SUITE 300, TYLER, TX 75702
Signed the 990
SCOTT MARTINEZ, PRESIDENT
Phone
(903) 593-2004
Return prepared by
HENRY & PETERS PC

Mission

SUPPORT ECONOMIC DEVELOPMENT OF GREATER TYLER AREA.

990 for the year ended September 30, 2025

Program accomplishments

  • THE EXEMPT PURPOSE OF TEDC, INC. IS TO ATTRACT NEW INDUSTRY TO TYLER, TX AND THE SURROUNDING AREA AND TO ENCOURAGE GROWTH WITHIN EXISTING BUSINESSES. THIS PURPOSE HAS BEEN ACHIEVED BY NUMEROUS CONTACTS WITH POTENTIAL NEW BUSINESSES AND VISITS TO THE TYLER AREA BY REPRESENTATIVES OF THESE BUSINESSES.ESTIMATED VALUE OF DONATED SERVICES IS $2,500 DURING THE FISCAL YEAR.
    Expenses $1,403,606

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
75-2254467
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
1989
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$16,646,576
Income (IRS master file)
$6,862,983

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025–––IRS
990September 2024–––IRS
990September 2023$801,799$1,336,548$11,624,320IRS
990September 2022$1,848,779$1,110,883$9,493,683IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about TYLER ECONOMIC DEVELOPMENT COUNCIL

What is the EIN of TYLER ECONOMIC DEVELOPMENT COUNCIL?
The employer identification number (EIN) of TYLER ECONOMIC DEVELOPMENT COUNCIL is 75-2254467.
Is TYLER ECONOMIC DEVELOPMENT COUNCIL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to TYLER ECONOMIC DEVELOPMENT COUNCIL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TYLER ECONOMIC DEVELOPMENT COUNCIL 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 TYLER ECONOMIC DEVELOPMENT COUNCIL 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 TYLER ECONOMIC DEVELOPMENT COUNCIL 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 TYLER ECONOMIC DEVELOPMENT COUNCIL?
The 990 for the year ended September 30, 2025 names SCOTT MARTINEZ.
Who are the officers and directors of TYLER ECONOMIC DEVELOPMENT COUNCIL?
The 990 for the year ended September 30, 2025 lists 53 people; 1 received compensation from the organization, the highest $295,536 (SCOTT MARTINEZ, President).
How much revenue does TYLER ECONOMIC DEVELOPMENT COUNCIL have?
On its 990 for the year ended September 30, 2025 it reported revenue of $4,000,272, expenses of $1,562,351 and total assets of $16,646,576 at year end.

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