Nonprofit · EIN 75-2349404
HEB ECONOMIC DEVELOPMENT FOUNDATION INC
Tax-exempt · BEDFORD, TX 76095
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-EZ | $80,584 | $76,392 | $4,192 | $181,591 | $0 | $181,591 |
| September 30, 2024 | 990-EZ | $81,530 | $90,585 | -$9,055 | $177,399 | $0 | $177,399 |
Financial details: 990-EZ for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $80,000
- Investment income
- $584
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $2,189
- Other expenses
- $74,203
Balance sheet and other
- Total assets, start of year
- $177,399
- Total assets, end of year
- $181,591
- Total liabilities, end of year
- $0
- Net assets, end of year
- $181,591
- Cash, savings and investments
- $181,591
- Gross receipts
- $80,584
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Henry Wilson | Chairman | 1 | $0 |
| Steve Farco | Treasurer | 1 | $0 |
| Mary Frazior | Director | 3 | $0 |
| Linda Martin | Director | 1 | $0 |
| Joe Harrington | Director | 0.5 | $0 |
| Matt Romero | Director | 0.5 | $0 |
| Loretta Getchell | Director (partial year) | 1 | $0 |
| Chris Barker | Director (partial year) | 1 | $0 |
| Clay Caruthers | Director | 1 | $0 |
| Brad Parker | Director | 1 | $0 |
| Andrea Roy | Director | 1 | $0 |
| Dan Cogan | Director | 1 | $0 |
990-EZ for the year ended September 30, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Linda Martin | Chairman | 1 | $0 |
| Steve Farco | Treasurer | 1 | $0 |
| Mary Frazior | Director | 3 | $0 |
| Henry Wilson | Director | 1 | $0 |
| Joe Harrington | Director | 0.5 | $0 |
| Matt Romero | Director | 0.5 | $0 |
| Loretta Getchell | Director | 1 | $0 |
| Clay Caruthers | Director | 1 | $0 |
| Brad Parker | Director | 1 | $0 |
| Jimmy Stathatos | Director (partial year) | 1 | $0 |
| Andrea Roy | Director (partial year) | 1 | $0 |
| Michael Boyter | Director (partial year) | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 969, BEDFORD, TX 76095-0969
- Signed the 990-EZ
- Mary Frazior, Director
- Phone
- (817) 283-1521
- Return prepared by
- Bran Accounting Services LLC
Mission
The mission of the HEB Economic Development Foundation is to market the cities of HEB to bring in new business and retain existing businesses.
Program accomplishments
- Develop economic demographic resource database to allow dissemination of information and enhance the knowledge and marketability of the HEB area.
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 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990-EZ on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990-EZ on file |
IRS record
- EIN
- 75-2349404
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1991
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $181,591
- Income (IRS master file)
- $80,584
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | September 2025 | $80,584 | $76,392 | $181,591 | XML |
| 990-EZ | September 2024 | $81,530 | $90,585 | $177,399 | XML |
| 990-EZ | September 2023 | – | – | – | IRS |
| 990-EZ | September 2022 | – | – | – | IRS |
| 990-EZ | September 2021 | – | – | – | IRS |
| 990-EZ | September 2020 | – | – | – | IRS |
| 990-EZ | September 2019 | – | – | – | IRS |
| 990-EZ | 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 75-2349404).
Questions about HEB ECONOMIC DEVELOPMENT FOUNDATION INC
- What is the EIN of HEB ECONOMIC DEVELOPMENT FOUNDATION INC?
- The employer identification number (EIN) of HEB ECONOMIC DEVELOPMENT FOUNDATION INC is 75-2349404.
- Is HEB ECONOMIC DEVELOPMENT FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1991.
- Are donations to HEB ECONOMIC DEVELOPMENT FOUNDATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does HEB ECONOMIC DEVELOPMENT FOUNDATION INC 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 HEB ECONOMIC DEVELOPMENT FOUNDATION INC 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 HEB ECONOMIC DEVELOPMENT FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended September 2025.
- Who are the officers and directors of HEB ECONOMIC DEVELOPMENT FOUNDATION INC?
- The 990-EZ for the year ended September 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does HEB ECONOMIC DEVELOPMENT FOUNDATION INC have?
- On its 990-EZ for the year ended September 30, 2025 it reported revenue of $80,584, expenses of $76,392 and total assets of $181,591 at year end.
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