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Employer Identification Number 27-0925328

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

Company Name:ALTO ECONOMIC DEVELOPMENT CORPORATION
Employer identification number (EIN):27-0925328
EIN Issuing AuthorityInternet
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationTexas, TX

Organization Overview

Mission StatementTO PROMOTE BUSINESS EXPANSION IN THE ALTO AREA THAT BUILDS A STRONGER, MORE DIVERSIFIED ECONOMY AND INCREASES THE ECONOMIC VITALITY AND WEALTH OF THE COMMUNITY.
Number of Employees1

Organization Governance

Legal DomicileTX
Voting Members - Governing Body7
Voting Members - Independent0

Organization Financials

2022-12-31
Gross receipts from all sourcesUSD $ 81,758
Net assets / fund balances at end of fiscal yearUSD $ 367,944
Net assets / fund balances at beginning of fiscal yearUSD $ 347,448
Contributions, Grants, Gifts etc from current yearUSD $ 81,306
Cost sales expenses from gross sales of non-inventory assetsUSD $ 0
Gross income from fundraising eventsUSD $ 0
Direct expenses fromspecial eventsUSD $ 0
Cost of goods soldUSD $ 0
Total revenueUSD $ 81,758
Employees salaries and other compensation and benefitsUSD $ 33,499
Fees and other payments to independent contractorsUSD $ 6,081
Total of all other expensesUSD $ 16,036
Total of all expensesUSD $ 61,252
Net assets or fund balances at end of yearUSD $ 20,506
Rent, utilities and maintenance costsUSD $ 5,485
2021-12-31
Gross receipts from all sourcesUSD $ 81,315
Net assets / fund balances at end of fiscal yearUSD $ 347,448
Net assets / fund balances at beginning of fiscal yearUSD $ 331,872
Contributions, Grants, Gifts etc from current yearUSD $ 81,249
Cost sales expenses from gross sales of non-inventory assetsUSD $ 0
Gross income from fundraising eventsUSD $ 0
Direct expenses fromspecial eventsUSD $ 0
Cost of goods soldUSD $ 0
Total revenueUSD $ 81,315
Employees salaries and other compensation and benefitsUSD $ 31,859
Fees and other payments to independent contractorsUSD $ 11,730
Total of all other expensesUSD $ 15,949
Total of all expensesUSD $ 65,154
Net assets or fund balances at end of yearUSD $ 16,161
Rent, utilities and maintenance costsUSD $ 5,500
2020-12-31
Gross receipts from all sourcesUSD $ 50,818
Net assets / fund balances at end of fiscal yearUSD $ 331,872
Net assets / fund balances at beginning of fiscal yearUSD $ 356,434
Contributions, Grants, Gifts etc from current yearUSD $ 50,656
Cost sales expenses from gross sales of non-inventory assetsUSD $ 0
Gross income from fundraising eventsUSD $ 0
Direct expenses fromspecial eventsUSD $ 0
Cost of goods soldUSD $ 0
Total revenueUSD $ 50,818
Employees salaries and other compensation and benefitsUSD $ 28,914
Fees and other payments to independent contractorsUSD $ 3,455
Total of all other expensesUSD $ 36,678
Total of all expensesUSD $ 75,402
Net assets or fund balances at end of yearUSD $ -24,584
Rent, utilities and maintenance costsUSD $ 6,000
2019-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from current yearUSD $ 213
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 291,118
Net assets / fund balances at end of fiscal yearUSD $ 356,434
Net assets / fund balances at beginning of fiscal yearUSD $ 113,275
Total liabilities at end of fiscal yearUSD $ 1,687
Total liabilities at beginning of fiscal yearUSD $ 1,607
Total assets at end of fiscal yearUSD $ 358,121
Total assets at beginning of fiscal yearUSD $ 114,882
Revenues less expenses for current yearUSD $ 243,159
Total expenses for current yearUSD $ 47,959
Other expenses in current yearUSD $ 20,017
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 27,942
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 $ 291,118
Contributions and grants from current yearUSD $ 290,905
Total of other revenueUSD $ 0
2018-12-31
Gross receipts from all sourcesUSD $ 54,071
Net assets / fund balances at end of fiscal yearUSD $ 113,275
Net assets / fund balances at beginning of fiscal yearUSD $ 105,650
Contributions, Grants, Gifts etc from current yearUSD $ 53,936
Cost sales expenses from gross sales of non-inventory assetsUSD $ 0
Gross income from fundraising eventsUSD $ 0
Direct expenses fromspecial eventsUSD $ 0
Cost of goods soldUSD $ 0
Total revenueUSD $ 54,071
Employees salaries and other compensation and benefitsUSD $ 27,105
Fees and other payments to independent contractorsUSD $ 650
Total of all other expensesUSD $ 12,256
Total of all expensesUSD $ 46,446
Net assets or fund balances at end of yearUSD $ 7,625
Rent, utilities and maintenance costsUSD $ 6,000
2017-12-31
Gross receipts from all sourcesUSD $ 52,581
Net assets / fund balances at end of fiscal yearUSD $ 105,650
Net assets / fund balances at beginning of fiscal yearUSD $ 146,482
Contributions, Grants, Gifts etc from current yearUSD $ 52,451
Cost sales expenses from gross sales of non-inventory assetsUSD $ 0
Gross income from fundraising eventsUSD $ 0
Direct expenses fromspecial eventsUSD $ 0
Cost of goods soldUSD $ 0
Total revenueUSD $ 52,581
Grants and similar amounts paidUSD $ 24,000
Employees salaries and other compensation and benefitsUSD $ 26,169
Fees and other payments to independent contractorsUSD $ 450
Total of all other expensesUSD $ 8,965
Total of all expensesUSD $ 65,414
Net assets or fund balances at end of yearUSD $ -12,833
Rent, utilities and maintenance costsUSD $ 5,500
2016-12-31
Gross receipts from all sourcesUSD $ 96,078
Net assets / fund balances at end of fiscal yearUSD $ 146,482
Net assets / fund balances at beginning of fiscal yearUSD $ 136,904
Contributions, Grants, Gifts etc from current yearUSD $ 50,993
Cost sales expenses from gross sales of non-inventory assetsUSD $ 42,681
Gross income from fundraising eventsUSD $ 0
Direct expenses fromspecial eventsUSD $ 0
Cost of goods soldUSD $ 0
Total revenueUSD $ 53,397
Employees salaries and other compensation and benefitsUSD $ 24,780
Fees and other payments to independent contractorsUSD $ 450
Total of all other expensesUSD $ 11,441
Total of all expensesUSD $ 43,819
Net assets or fund balances at end of yearUSD $ 9,578
Rent, utilities and maintenance costsUSD $ 6,250
2015-12-31
Gross receipts from all sourcesUSD $ 63,505
Net assets / fund balances at end of fiscal yearUSD $ 136,904
Net assets / fund balances at beginning of fiscal yearUSD $ 115,406
Contributions, Grants, Gifts etc from current yearUSD $ 63,454
Cost sales expenses from gross sales of non-inventory assetsUSD $ 0
Gross income from fundraising eventsUSD $ 0
Direct expenses fromspecial eventsUSD $ 0
Cost of goods soldUSD $ 0
Total revenueUSD $ 63,505
Employees salaries and other compensation and benefitsUSD $ 23,114
Fees and other payments to independent contractorsUSD $ 440
Total of all other expensesUSD $ 17,328
Total of all expensesUSD $ 41,349
Net assets or fund balances at end of yearUSD $ 22,156

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 270925328

USA Mailing Address
PO BOX 7
ALTO
TX
75925
Date first seen: 2008-01-01
Date last seen: 2024-03-31

Nearby companies/organizations

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

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