NonprofitsWharton Economic Development Corp

Community Improvement & Capacity Building

Wharton Economic Development Corp

WHARTON, TX

Total revenue

$1.1M

Total expenses

$591K

Net assets

Grants received

EIN

760573917

Tax year

2023

Mission

To develop a positive climate for businesses and industrial growth and investment; assist in the creation of jobs; increase the tax base of the various taxing entities; diversify the local economy to make it more impervious to state and national economic recession; and make plans and take necessary actions to insure that all necessary infrastructure is in place to allow for proper development of wharton, texas.

Programs

1 program

Economic development programs benefit the approximately 9,500 residents of wharton, texas. They preserve, protect, enhance, and encourage activity in the existing buildings in downtown and on the gateways of wharton, texas.

Expenses: $196K

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$1.0M
Investment income$68K
Other revenue
Total revenue$1.1M

Expenses

Grants paid
Salaries & benefits$213K
Fundraising
Other expenses$379K
Total expenses$591K
Total assets$2.2M
Net assets

People

9 listed

NameRoleCompensation

JOSHUA OWENS

FORMER EXEC

Board

$104K

40 hrs/wk

ANDREW ARMOUR

SECRETARY

Board

ALICE HEARD-ROBERTS

MEMBER

Board

COURTLAND HOLMAN

EXECUTIVE DI

Board

RUSSELL MACHANN

MEMBER

Board

FREDDIE PEKAR

PRESIDENT

Board

LARRY PITTMAN

MEMBER

Board

MICHAEL ROBERSON

TREASURER

Board

MICHAEL WOOTTON

VICE PRESIDE

Board

Details

EIN760573917
NTEE codeS30
Subsection03
Ruling date2001-11
Formed2000
Employees2
WHARTON ECONOMIC DEVELOPMENT CORP — Mission, Financials & Grants Received | Grantivo