NonprofitsAbilene Improvement Corporation

Community Improvement & Capacity Building

Abilene Improvement Corporation

ABILENE, TX

Total revenue

$68K

Total expenses

$24K

Net assets

$5.2M

Grants received

$1.5M

5 grants

EIN

752224248

Tax year

2023

Mission

To stimulate the development, growth and beautification of the tax increment financing district to combat deterioration through the erection of public buildings, improvements and works.

Financials

FY 2023

Revenue

Contributions & grants$38K
Program service revenue
Investment income$30K
Other revenue
Total revenue$68K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$24K
Total expenses$24K
Total assets$6.2M
Net assets$5.2M

People

9 listed

NameRoleCompensation

GARY GRUBBS

MEMBER

Board

1 hrs/wk

GREG BLAIR

MEMBER

Board

1 hrs/wk

JASON DARBY

MEMBER

Board

1 hrs/wk

NATHAN LOWRY

MEMBER

Board

1 hrs/wk

NORM ARCHIBALD

MEMBER

Board

1 hrs/wk

RON BUTLER

MEMBER

Board

1 hrs/wk

MITCH BARNETT

PRESIDENT

Board

1 hrs/wk

TED EVANS

VICE PRESIDENT

Board

1 hrs/wk

MARY LEE BROOKS

SECRETARY/TREASURER

Board

1 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$513K
GENERAL SUPPORT
2024
$238K
DOWNTOWN ABILENE HOTEL PROJECT
2024
$238K
DOWNTOWN ABILENE HOTEL PROJECT
2024
$269K
GENERAL SUPPORT
2023
$240K
GENERAL SUPPORT
2022

Funded by

$1.5M from 3 funders · 5 grants · 2022–2024

Dian Graves Owen Foundation

$1.0M · 3 grants · 2022–2024

Kickapoo Springs Foundation

$238K · 1 grant · 2024

The Legett Foundation

$238K · 1 grant · 2024

Details

EIN752224248
NTEE codeS200
Subsection03
Ruling date1988-10
Formed1987
Employees0
Volunteers9