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Employer Identification Number 75-2559659

COMMERCE ECONOMIC DEVELOPMENT is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:COMMERCE ECONOMIC DEVELOPMENT
Employer identification number (EIN):75-2559659
EIN Issuing AuthorityPhiladelphia, PA
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementPROMOTE AND ASSIST WITH ECONOMIC DEVELOPMENT FOR THE CITY OF COMMERCE, TEXAS
Number of Employees0
Number of Volunteers7
Year Formed1994

Organization Governance

Legal DomicileTX
Voting Members - Governing Body5
Voting Members - Independent5

Organization Financials

2024-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 772,473
Program Service Revenue from current yearUSD $ 792,693
Investment Income from prior yearUSD $ 267,071
Investment Income from current yearUSD $ 207,519
Other Revenue from current yearUSD $ 175
Gross receipts from all sourcesUSD $ 1,000,387
Net assets / fund balances at end of fiscal yearUSD $ 5,880,280
Net assets / fund balances at beginning of fiscal yearUSD $ 5,348,993
Total liabilities at end of fiscal yearUSD $ 43,795
Total liabilities at beginning of fiscal yearUSD $ 91,394
Total assets at end of fiscal yearUSD $ 5,924,075
Total assets at beginning of fiscal yearUSD $ 5,440,387
Revenues less expenses for current yearUSD $ 531,287
Revenues less expenses for previous yearUSD $ 847,432
Total expenses for current yearUSD $ 469,100
Total expenses for previous yearUSD $ 192,112
Other expenses in current yearUSD $ 358,852
Other expenses in previous yearUSD $ 96,651
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 110,248
Employee salary and benefits paid in previous yearUSD $ 95,461
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,000,387
Total revenue in previous fiscal yearUSD $ 1,039,544
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 175
2023-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 730,896
Program Service Revenue from current yearUSD $ 772,473
Investment Income from prior yearUSD $ 326,690
Investment Income from current yearUSD $ 267,071
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,048,047
Net assets / fund balances at end of fiscal yearUSD $ 5,348,993
Net assets / fund balances at beginning of fiscal yearUSD $ 4,501,561
Total liabilities at end of fiscal yearUSD $ 91,394
Total liabilities at beginning of fiscal yearUSD $ 97,193
Total assets at end of fiscal yearUSD $ 5,440,387
Total assets at beginning of fiscal yearUSD $ 4,598,754
Revenues less expenses for current yearUSD $ 847,432
Revenues less expenses for previous yearUSD $ 764,280
Total expenses for current yearUSD $ 192,112
Total expenses for previous yearUSD $ 293,306
Other expenses in current yearUSD $ 96,651
Other expenses in previous yearUSD $ 193,672
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 95,461
Employee salary and benefits paid in previous yearUSD $ 99,634
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,039,544
Total revenue in previous fiscal yearUSD $ 1,057,586
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 0
2022-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 647,058
Program Service Revenue from current yearUSD $ 730,896
Investment Income from prior yearUSD $ 32,399
Investment Income from current yearUSD $ 326,690
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,066,090
Net assets / fund balances at end of fiscal yearUSD $ 4,501,561
Net assets / fund balances at beginning of fiscal yearUSD $ 3,737,281
Total liabilities at end of fiscal yearUSD $ 97,193
Total liabilities at beginning of fiscal yearUSD $ 85,089
Total assets at end of fiscal yearUSD $ 4,598,754
Total assets at beginning of fiscal yearUSD $ 3,822,370
Revenues less expenses for current yearUSD $ 764,280
Revenues less expenses for previous yearUSD $ 462,494
Total expenses for current yearUSD $ 293,306
Total expenses for previous yearUSD $ 216,963
Other expenses in current yearUSD $ 193,672
Other expenses in previous yearUSD $ 104,453
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 99,634
Employee salary and benefits paid in previous yearUSD $ 112,510
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,057,586
Total revenue in previous fiscal yearUSD $ 679,457
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 0
2021-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 570,837
Program Service Revenue from current yearUSD $ 647,058
Investment Income from prior yearUSD $ 42,623
Investment Income from current yearUSD $ 32,399
Other Revenue from prior yearUSD $ 20,984
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 679,457
Net assets / fund balances at end of fiscal yearUSD $ 3,737,281
Net assets / fund balances at beginning of fiscal yearUSD $ 3,274,787
Total liabilities at end of fiscal yearUSD $ 85,089
Total liabilities at beginning of fiscal yearUSD $ 13,950
Total assets at end of fiscal yearUSD $ 3,822,370
Total assets at beginning of fiscal yearUSD $ 3,288,737
Revenues less expenses for current yearUSD $ 462,494
Revenues less expenses for previous yearUSD $ 228,176
Total expenses for current yearUSD $ 216,963
Total expenses for previous yearUSD $ 406,268
Other expenses in current yearUSD $ 104,453
Other expenses in previous yearUSD $ 311,863
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 112,510
Employee salary and benefits paid in previous yearUSD $ 94,405
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 679,457
Total revenue in previous fiscal yearUSD $ 634,444
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 0
2020-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 550,414
Program Service Revenue from current yearUSD $ 570,837
Investment Income from prior yearUSD $ 43,866
Investment Income from current yearUSD $ 42,623
Other Revenue from prior yearUSD $ 209,607
Other Revenue from current yearUSD $ 20,984
Gross receipts from all sourcesUSD $ 634,444
Net assets / fund balances at end of fiscal yearUSD $ 3,274,787
Net assets / fund balances at beginning of fiscal yearUSD $ 3,046,611
Total liabilities at end of fiscal yearUSD $ 13,950
Total liabilities at beginning of fiscal yearUSD $ 9,228
Total assets at end of fiscal yearUSD $ 3,288,737
Total assets at beginning of fiscal yearUSD $ 3,055,839
Revenues less expenses for current yearUSD $ 228,176
Revenues less expenses for previous yearUSD $ 622,340
Total expenses for current yearUSD $ 406,268
Total expenses for previous yearUSD $ 181,547
Other expenses in current yearUSD $ 311,863
Other expenses in previous yearUSD $ 98,328
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 94,405
Employee salary and benefits paid in previous yearUSD $ 83,219
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 634,444
Total revenue in previous fiscal yearUSD $ 803,887
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 20,984
2019-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 572,808
Program Service Revenue from current yearUSD $ 550,414
Investment Income from prior yearUSD $ 19,800
Investment Income from current yearUSD $ 43,866
Other Revenue from prior yearUSD $ 21,295
Other Revenue from current yearUSD $ 209,607
Gross receipts from all sourcesUSD $ 803,887
Net assets / fund balances at end of fiscal yearUSD $ 3,046,611
Net assets / fund balances at beginning of fiscal yearUSD $ 2,424,271
Total liabilities at end of fiscal yearUSD $ 9,228
Total liabilities at beginning of fiscal yearUSD $ 7,517
Total assets at end of fiscal yearUSD $ 3,055,839
Total assets at beginning of fiscal yearUSD $ 2,431,788
Revenues less expenses for current yearUSD $ 622,340
Revenues less expenses for previous yearUSD $ 439,983
Total expenses for current yearUSD $ 181,547
Total expenses for previous yearUSD $ 173,920
Other expenses in current yearUSD $ 98,328
Other expenses in previous yearUSD $ 94,500
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 83,219
Employee salary and benefits paid in previous yearUSD $ 79,420
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 803,887
Total revenue in previous fiscal yearUSD $ 613,903
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 209,607
2018-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 542,317
Program Service Revenue from current yearUSD $ 572,808
Investment Income from prior yearUSD $ 10,053
Investment Income from current yearUSD $ 19,800
Other Revenue from current yearUSD $ 21,295
Gross receipts from all sourcesUSD $ 613,903
Net assets / fund balances at end of fiscal yearUSD $ 2,424,271
Net assets / fund balances at beginning of fiscal yearUSD $ 1,984,288
Total liabilities at end of fiscal yearUSD $ 7,517
Total liabilities at beginning of fiscal yearUSD $ 8,940
Total assets at end of fiscal yearUSD $ 2,431,788
Total assets at beginning of fiscal yearUSD $ 1,993,228
Revenues less expenses for current yearUSD $ 439,983
Revenues less expenses for previous yearUSD $ -508,138
Total expenses for current yearUSD $ 173,920
Total expenses for previous yearUSD $ 1,060,508
Other expenses in current yearUSD $ 94,500
Other expenses in previous yearUSD $ 983,931
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 79,420
Employee salary and benefits paid in previous yearUSD $ 76,577
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 613,903
Total revenue in previous fiscal yearUSD $ 552,370
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 21,295
2017-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 516,666
Program Service Revenue from current yearUSD $ 542,317
Investment Income from prior yearUSD $ 13,572
Investment Income from current yearUSD $ 10,053
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 552,370
Net assets / fund balances at end of fiscal yearUSD $ 1,984,288
Net assets / fund balances at beginning of fiscal yearUSD $ 2,492,426
Total liabilities at end of fiscal yearUSD $ 8,940
Total liabilities at beginning of fiscal yearUSD $ 3,503
Total assets at end of fiscal yearUSD $ 1,993,228
Total assets at beginning of fiscal yearUSD $ 2,495,929
Revenues less expenses for current yearUSD $ -508,138
Revenues less expenses for previous yearUSD $ -349,931
Total expenses for current yearUSD $ 1,060,508
Total expenses for previous yearUSD $ 880,169
Other expenses in current yearUSD $ 983,931
Other expenses in previous yearUSD $ 797,966
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 76,577
Employee salary and benefits paid in previous yearUSD $ 82,203
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 552,370
Total revenue in previous fiscal yearUSD $ 530,238
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 0
2015-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 424,625
Program Service Revenue from current yearUSD $ 474,004
Investment Income from prior yearUSD $ 12,452
Investment Income from current yearUSD $ 13,053
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 487,057
Net assets / fund balances at end of fiscal yearUSD $ 2,842,357
Net assets / fund balances at beginning of fiscal yearUSD $ 2,830,235
Total liabilities at end of fiscal yearUSD $ 2,127
Total liabilities at beginning of fiscal yearUSD $ 15,512
Total assets at end of fiscal yearUSD $ 2,844,484
Total assets at beginning of fiscal yearUSD $ 2,845,747
Revenues less expenses for current yearUSD $ 12,122
Revenues less expenses for previous yearUSD $ 203,449
Total expenses for current yearUSD $ 474,935
Total expenses for previous yearUSD $ 233,628
Other expenses in current yearUSD $ 403,628
Other expenses in previous yearUSD $ 165,267
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 71,307
Employee salary and benefits paid in previous yearUSD $ 68,361
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 487,057
Total revenue in previous fiscal yearUSD $ 437,077
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 0

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 752559659

USA Mailing Address
1119 ALAMO STREET
COMMERCE
TX
75428
Date first seen: 2007-01-01
Date last seen: 2025-08-13

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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