TYLER ECONOMIC DEVELOPMENT COUNCIL INC

EIN: 752254467 501(c)(3) Community Improvement

TYLER, TX

Total Revenue
$4,000,272
Total Expenses
$1,562,351
Total Assets
$16,646,576
Net Assets
$12,109,434
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
TX
Principal Officer
SCOTT MARTINEZ
Phone
9035932004
Tax Period
2024-10-01 to 2025-09-30

TYLER ECONOMIC DEVELOPMENT COUNCIL INC, founded in 1989, is a community nonprofit in the Community Improvement sector that reported $4.0M in total revenue in fiscal year 2024. Revenue surged 126% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.4M, a strong 61% operating margin.

Mission

SUPPORT ECONOMIC DEVELOPMENT OF GREATER TYLER AREA.

Program Service Accomplishments

Program 1
Expenses: $1,403,606

THE EXEMPT PURPOSE OF TEDC, INC. IS TO ATTRACT NEW INDUSTRY TO TYLER, TX AND THE SURROUNDING AREA AND TO ENCOURAGE GROWTH WITHIN EXISTING BUSINESSES. THIS PURPOSE HAS BEEN ACHIEVED BY NUMEROUS...

Read more

THE EXEMPT PURPOSE OF TEDC, INC. IS TO ATTRACT NEW INDUSTRY TO TYLER, TX AND THE SURROUNDING AREA AND TO ENCOURAGE GROWTH WITHIN EXISTING BUSINESSES. THIS PURPOSE HAS BEEN ACHIEVED BY NUMEROUS CONTACTS WITH POTENTIAL NEW BUSINESSES AND VISITS TO THE TYLER AREA BY REPRESENTATIVES OF THESE BUSINESSES.ESTIMATED VALUE OF DONATED SERVICES IS $2,500 DURING THE FISCAL YEAR.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $743,750
Program Service Revenue $0
Investment Income $3,198,961
Other Revenue $57,561
TOTAL REVENUE $4,000,272

Expense Breakdown

Grants Paid $0
Salaries & Benefits $825,068
Fundraising Expenses $0
Program Expenses $1,403,606
Other Expenses $737,283
TOTAL EXPENSES $1,562,351

Year-over-Year Comparison

2024 2023 Change
Revenue $4,000,272 $1,766,903 +1.3%
Expenses $1,562,351 $1,566,426 0.0%
Net Income $2,437,921 $200,477 +11.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
37
Independent Members
36
Employees
7
Volunteers
63

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
11
$346,173
Total Directors
53
$346,173
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT MARTINEZ President 40.00
Officer Director
$295,536 $50,637 $346,173
BARRY BEAMAN Director 1.00
Director
$0 $0 $0
MIKE THOMAS Director 1.00
Director
$0 $0 $0
LEE GIBSON Treasurer 1.00
Officer Director
$0 $0 $0
EDWARD BROUSSARD CITY REP. 1.00
Officer Director
$0 $0 $0
REA BOUDREAUX Director 1.00
Director
$0 $0 $0
SHANNON DACUS Director 1.00
Director
$0 $0 $0
CLAY BRASHER Director 1.00
Director
$0 $0 $0
BARBARA BASS Director 1.00
Director
$0 $0 $0
DWIGHT FENNELL Director 1.00
Director
$0 $0 $0
MARTY CRAWFORD Director 1.00
Director
$0 $0 $0
TOM ELLIS Director 1.00
Director
$0 $0 $0
DONALD WARREN Director 1.00
Director
$0 $0 $0
TOM PERKINS Director 1.00
Director
$0 $0 $0
CHARLES GORDON Director 1.00
Director
$0 $0 $0
DONALD BAKER At Large 1.00
Officer Director
$0 $0 $0
CHARLES HILL Imm. Past Chair 1.00
Officer Director
$0 $0 $0
ROY MARTINEZ Vice Chairman 1.00
Officer Director
$0 $0 $0
RAY MCKINNEY Chairman 1.00
Officer Director
$0 $0 $0
HENRY BELL Director 1.00
Director
$0 $0 $0
NEAL FRANKLIN COUNTY REP. 1.00
Officer Director
$0 $0 $0
HERBERT C BUIE Director 1.00
Director
$0 $0 $0
LONNY UZZELL Director 1.00
Director
$0 $0 $0
BOBBY CURTIS Director 1.00
Director
$0 $0 $0
GARNETT BROOKSHIRE AT LARGE 1.00
Officer Director
$0 $0 $0
GLENN GREEN Director 1.00
Director
$0 $0 $0
ERICA HALLMARK Director 1.00
Director
$0 $0 $0
JAMES SHERIDAN Director 1.00
Director
$0 $0 $0
MARK WHATLEY Director 1.00
Director
$0 $0 $0
JEFF JONSTON Director 1.00
Director
$0 $0 $0
BRAD CURTIS Secretary 1.00
Officer Director
$0 $0 $0
MICHAEL BOSWORTH Director 1.00
Director
$0 $0 $0
RANDY ROBERTS Director 1.00
Director
$0 $0 $0
GREG ADCOCK Director 1.00
Director
$0 $0 $0
JASON PROCTOR At Large 1.00
Officer Director
$0 $0 $0
JULIE PHILLEY Director 1.00
Director
$0 $0 $0
RANDY REYNOLDS Director 1.00
Director
$0 $0 $0
BRENT BYERS Director 1.00
Director
$0 $0 $0
TODD BUCHANAN Director 1.00
Director
$0 $0 $0
OCTAVIO TELLEZ Director 1.00
Director
$0 $0 $0
JEREMY DOYLE Director 1.00
Director
$0 $0 $0
DR JUAN MEJIA Director 1.00
Director
$0 $0 $0
JIM THOMPSON Director 1.00
Director
$0 $0 $0
THOMAS NEUHOFF Director 1.00
Director
$0 $0 $0
THOMAS SMITH Director 1.00
Director
$0 $0 $0
TOM TRIMBLE Director 1.00
Director
$0 $0 $0
WALTER WILHELMI Director 1.00
Director
$0 $0 $0
TAYLOR BURNS Director 1.00
Director
$0 $0 $0
BILL MARTIN Director 1.00
Director
$0 $0 $0
ANITA MEYER Director 1.00
Director
$0 $0 $0
JOE HEBB Director 1.00
Director
$0 $0 $0
BARHAM FULMER Director 1.00
Director
$0 $0 $0
FELICITY REEDY Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $4,000,272 $1,562,351 $16,646,576 $2,437,921
2024 $1,766,903 $1,566,426 $12,156,758 $200,477
2023 $801,799 $1,336,548 $11,624,320 $-534,749
2022 $1,848,779 $1,110,883 $9,493,683 $737,896
2021 $1,530,845 $1,133,536 $10,571,197 $397,309
2020 $1,364,175 $1,424,197 $9,593,670 $-60,022
2019 $1,739,346 $1,124,237 $9,782,301 $615,109
2018 $1,126,500 $2,670,491 $9,250,711 $-1,543,991
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare TYLER ECONOMIC DEVELOPMENT COUNCIL INC with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.