NonprofitsFort Worth Local Development Corporation

Fort Worth Local Development Corporation

FORT WORTH, TX

Total revenue

$483K

Total expenses

$2.8M

Net assets

$7.7M

Grants received

EIN

752196027

Tax year

2023

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.

Programs

3 programs

Marketing and research totalling $409,513 for the year. Covers schaefer advertising co., braver together tarrant and john son press expenditures.

Expenses: $410K

Urban main street pilot program totaling $90,000 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 district revitalization efforts in two corridors of the city of fort worth.

Expenses: $90KGrants: $90K

Contractual services totalling $54,102. Covers graham robinson (mowing and landscaping services) and the dec (entrepreneurship)

Expenses: $54K

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$4K
Investment income$338K
Other revenue$141K
Total revenue$483K

Expenses

Grants paid$1.8M
Salaries & benefits
Fundraising
Other expenses$961K
Total expenses$2.8M
Total assets$7.7M
Net assets$7.7M

People

12 listed

NameRoleCompensation

MATTIE PARKER

TRUSTEE

Board

1 hrs/wk

MICHAEL CRAIN

TRUSTEE

Board

1 hrs/wk

CHARLES LAUERSDORF

TRUSTEE

Board

1 hrs/wk

JARED WILLIAMS

TRUSTEE

Board

1 hrs/wk

MACY HILL

TRUSTEE

Board

1 hrs/wk

CHRIS NETTLES

TRUSTEE

Board

1 hrs/wk

ELIZABETH BECK

TRUSTEE

Board

1 hrs/wk

CARLOS FLORES

TRUSTEE

Board

1 hrs/wk

JEANETTE MARTINEZ

TRUSTEE

Board

1 hrs/wk

GYNA BIVENS

PRESIDENT / CHAIRMAN

Board

1 hrs/wk

ALAN BLAYLOCK

VICE PRESIDENT

Board

1 hrs/wk

REGINALD ZENO

TREASURER

Board

1 hrs/wk

Details

EIN752196027
Subsection03
Ruling date1989-03
Formed1987
Employees0
Volunteers0
FORT WORTH LOCAL DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo