NonprofitsHas Development Corporation

Public & Societal Benefit

Has Development Corporation

HOUSTON, TX

Total revenue

$4.8M

Total expenses

$2.5M

Net assets

$25.7M

Grants received

EIN

743027286

Tax year

2024

Mission

The organization seeks to promote air transportation, trade, and economic development for the benefit of the houston airport system and to provide services, such as airport technical advisory services and personnel training, to airports around the world.

Programs

2 programs

Management contracts - the organization provides airport services designed to supply operational and managerial consulting to its clients.

Expenses: $116K

Hamilton sundstrand - to promote growth of aerospace industry, increase employment and promote economic activity in houston

Expenses: $817KGrants: $817K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$804K
Investment income$4.0M
Other revenue
Total revenue$4.8M

Expenses

Grants paid$817K
Salaries & benefits$942K
Fundraising
Other expenses$704K
Total expenses$2.5M
Total assets$25.7M
Net assets$25.7M

People

6 listed

NameRoleCompensation

AGUSTIN ARELLANO

PRESIDENT & CEO

Board

$362K

40 hrs/wk

EDUARDO IGLESIAS

CHIEF LEGAL OFFICER & ASSISTANT SEC.

Board

$276K

40 hrs/wk

ADA C SILVA

CFO & ASSISTANT TREASURER

Board

$260K

40 hrs/wk

JIM SZCZESNIAK

CHAIRMAN OF THE BOARD

Board

0.5 hrs/wk

MICHAEL COX

VICE CHAIRMAN

Board

0.5 hrs/wk

ASTLEY BLAIR

SECRETARY AND TREASURER

Board

0.5 hrs/wk

Details

EIN743027286
NTEE codeW40
Subsection03
Ruling date2006-12
Formed2001
Employees3
Volunteers0
HAS DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo