Logo

Employer Identification Number 76-0573917

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

Company Name:WHARTON ECONOMIC DEVELOPMENT CORP
Employer identification number (EIN):76-0573917
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 StatementTO 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.
Number of Employees2
Year Formed2000

Organization Governance

Legal DomicileTX
Voting Members - Governing Body7
Voting Members - Independent7

Organization Financials

2023-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 918,999
Program Service Revenue from current yearUSD $ 1,011,870
Investment Income from prior yearUSD $ 3,717
Investment Income from current yearUSD $ 55,337
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,067,207
Net assets / fund balances at end of fiscal yearUSD $ -7,505,950
Net assets / fund balances at beginning of fiscal yearUSD $ -7,558,341
Total liabilities at end of fiscal yearUSD $ 9,303,686
Total liabilities at beginning of fiscal yearUSD $ 9,480,379
Total assets at end of fiscal yearUSD $ 1,797,736
Total assets at beginning of fiscal yearUSD $ 1,922,038
Revenues less expenses for current yearUSD $ 24,160
Revenues less expenses for previous yearUSD $ -9,319,442
Total expenses for current yearUSD $ 1,043,047
Total expenses for previous yearUSD $ 10,242,158
Other expenses in current yearUSD $ 848,036
Other expenses in previous yearUSD $ 10,042,422
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 195,011
Employee salary and benefits paid in previous yearUSD $ 199,736
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 $ 1,067,207
Total revenue in previous fiscal yearUSD $ 922,716
Contributions and grants from current yearUSD $ 0
2022-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 880,418
Program Service Revenue from current yearUSD $ 918,999
Investment Income from prior yearUSD $ -133,191
Investment Income from current yearUSD $ 3,717
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 922,716
Net assets / fund balances at end of fiscal yearUSD $ -7,558,341
Net assets / fund balances at beginning of fiscal yearUSD $ 1,951,954
Total liabilities at end of fiscal yearUSD $ 9,480,379
Total liabilities at beginning of fiscal yearUSD $ 195,500
Total assets at end of fiscal yearUSD $ 1,922,038
Total assets at beginning of fiscal yearUSD $ 2,147,454
Revenues less expenses for current yearUSD $ -9,319,442
Revenues less expenses for previous yearUSD $ 46,429
Total expenses for current yearUSD $ 10,242,158
Total expenses for previous yearUSD $ 706,807
Other expenses in current yearUSD $ 10,042,422
Other expenses in previous yearUSD $ 516,106
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 199,736
Employee salary and benefits paid in previous yearUSD $ 190,701
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 $ 922,716
Total revenue in previous fiscal yearUSD $ 753,236
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 6,009
2021-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 772,180
Program Service Revenue from current yearUSD $ 880,418
Investment Income from prior yearUSD $ 4,725
Investment Income from current yearUSD $ -133,191
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 888,653
Net assets / fund balances at end of fiscal yearUSD $ 1,951,954
Net assets / fund balances at beginning of fiscal yearUSD $ 1,905,525
Total liabilities at end of fiscal yearUSD $ 195,500
Total liabilities at beginning of fiscal yearUSD $ 184,550
Total assets at end of fiscal yearUSD $ 2,147,454
Total assets at beginning of fiscal yearUSD $ 2,090,075
Revenues less expenses for current yearUSD $ 46,429
Revenues less expenses for previous yearUSD $ 235,924
Total expenses for current yearUSD $ 706,807
Total expenses for previous yearUSD $ 758,481
Other expenses in current yearUSD $ 516,106
Other expenses in previous yearUSD $ 523,603
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 190,701
Employee salary and benefits paid in previous yearUSD $ 234,878
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 $ 753,236
Total revenue in previous fiscal yearUSD $ 994,405
Contributions and grants from current yearUSD $ 6,009
Contributions and grants from previous yearUSD $ 217,500
2020-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 774,052
Program Service Revenue from current yearUSD $ 772,180
Investment Income from prior yearUSD $ -7,512
Investment Income from current yearUSD $ 4,725
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 994,405
Net assets / fund balances at end of fiscal yearUSD $ 1,905,525
Net assets / fund balances at beginning of fiscal yearUSD $ 1,669,601
Total liabilities at end of fiscal yearUSD $ 184,550
Total liabilities at beginning of fiscal yearUSD $ 226,672
Total assets at end of fiscal yearUSD $ 2,090,075
Total assets at beginning of fiscal yearUSD $ 1,896,273
Revenues less expenses for current yearUSD $ 235,924
Revenues less expenses for previous yearUSD $ 690,128
Total expenses for current yearUSD $ 758,481
Total expenses for previous yearUSD $ 726,412
Other expenses in current yearUSD $ 523,603
Other expenses in previous yearUSD $ 519,324
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 234,878
Employee salary and benefits paid in previous yearUSD $ 207,088
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 $ 994,405
Total revenue in previous fiscal yearUSD $ 1,416,540
Contributions and grants from current yearUSD $ 217,500
Contributions and grants from previous yearUSD $ 650,000
2019-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 798,662
Program Service Revenue from current yearUSD $ 774,052
Investment Income from prior yearUSD $ 3,998
Investment Income from current yearUSD $ -7,512
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,475,606
Net assets / fund balances at end of fiscal yearUSD $ 1,669,601
Net assets / fund balances at beginning of fiscal yearUSD $ 979,473
Total liabilities at end of fiscal yearUSD $ 226,672
Total liabilities at beginning of fiscal yearUSD $ 281,561
Total assets at end of fiscal yearUSD $ 1,896,273
Total assets at beginning of fiscal yearUSD $ 1,261,034
Revenues less expenses for current yearUSD $ 690,128
Revenues less expenses for previous yearUSD $ -73,082
Total expenses for current yearUSD $ 726,412
Total expenses for previous yearUSD $ 894,742
Other expenses in current yearUSD $ 519,324
Other expenses in previous yearUSD $ 698,512
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 207,088
Employee salary and benefits paid in previous yearUSD $ 196,230
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 $ 1,416,540
Total revenue in previous fiscal yearUSD $ 821,660
Contributions and grants from current yearUSD $ 650,000
Contributions and grants from previous yearUSD $ 19,000
2018-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 738,972
Program Service Revenue from current yearUSD $ 798,662
Investment Income from prior yearUSD $ 3,927
Investment Income from current yearUSD $ 3,998
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 821,660
Net assets / fund balances at end of fiscal yearUSD $ 978,117
Net assets / fund balances at beginning of fiscal yearUSD $ 1,052,555
Total liabilities at end of fiscal yearUSD $ 281,561
Total liabilities at beginning of fiscal yearUSD $ 60,583
Total assets at end of fiscal yearUSD $ 1,259,678
Total assets at beginning of fiscal yearUSD $ 1,113,138
Revenues less expenses for current yearUSD $ -74,438
Revenues less expenses for previous yearUSD $ -134,977
Total expenses for current yearUSD $ 896,098
Total expenses for previous yearUSD $ 882,876
Other expenses in current yearUSD $ 699,868
Other expenses in previous yearUSD $ 676,119
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 196,230
Employee salary and benefits paid in previous yearUSD $ 206,757
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 $ 821,660
Total revenue in previous fiscal yearUSD $ 747,899
Contributions and grants from current yearUSD $ 19,000
Contributions and grants from previous yearUSD $ 5,000
2017-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 783,446
Program Service Revenue from current yearUSD $ 738,872
Investment Income from prior yearUSD $ 3,625
Investment Income from current yearUSD $ 3,927
Other Revenue from prior yearUSD $ 53
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 747,799
Net assets / fund balances at end of fiscal yearUSD $ 1,052,555
Net assets / fund balances at beginning of fiscal yearUSD $ 1,187,632
Total liabilities at end of fiscal yearUSD $ 60,583
Total liabilities at beginning of fiscal yearUSD $ 67,695
Total assets at end of fiscal yearUSD $ 1,113,138
Total assets at beginning of fiscal yearUSD $ 1,255,327
Revenues less expenses for current yearUSD $ -135,077
Revenues less expenses for previous yearUSD $ -4,564
Total expenses for current yearUSD $ 882,876
Total expenses for previous yearUSD $ 796,688
Other expenses in current yearUSD $ 676,119
Other expenses in previous yearUSD $ 601,619
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 206,757
Employee salary and benefits paid in previous yearUSD $ 195,069
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 $ 747,799
Total revenue in previous fiscal yearUSD $ 792,124
Contributions and grants from current yearUSD $ 5,000
Contributions and grants from previous yearUSD $ 5,000
2016-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 727,070
Program Service Revenue from current yearUSD $ 783,446
Investment Income from prior yearUSD $ 3,369
Investment Income from current yearUSD $ 3,625
Other Revenue from current yearUSD $ 53
Gross receipts from all sourcesUSD $ 792,124
Net assets / fund balances at end of fiscal yearUSD $ 1,187,632
Net assets / fund balances at beginning of fiscal yearUSD $ 1,192,196
Total liabilities at end of fiscal yearUSD $ 67,695
Total liabilities at beginning of fiscal yearUSD $ 141,118
Total assets at end of fiscal yearUSD $ 1,255,327
Total assets at beginning of fiscal yearUSD $ 1,333,314
Revenues less expenses for current yearUSD $ -4,564
Revenues less expenses for previous yearUSD $ -18,722
Total expenses for current yearUSD $ 796,688
Total expenses for previous yearUSD $ 774,161
Other expenses in current yearUSD $ 601,619
Other expenses in previous yearUSD $ 585,902
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 195,069
Employee salary and benefits paid in previous yearUSD $ 188,259
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 $ 792,124
Total revenue in previous fiscal yearUSD $ 755,439
Contributions and grants from current yearUSD $ 5,000
Contributions and grants from previous yearUSD $ 25,000
Total of other revenueUSD $ 53
2015-09-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 703,029
Program Service Revenue from current yearUSD $ 727,070
Investment Income from prior yearUSD $ 3,543
Investment Income from current yearUSD $ 3,369
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 755,439
Net assets / fund balances at end of fiscal yearUSD $ 1,192,196
Net assets / fund balances at beginning of fiscal yearUSD $ 1,210,918
Total liabilities at end of fiscal yearUSD $ 141,118
Total liabilities at beginning of fiscal yearUSD $ 242,232
Total assets at end of fiscal yearUSD $ 1,333,314
Total assets at beginning of fiscal yearUSD $ 1,453,150
Revenues less expenses for current yearUSD $ -18,722
Revenues less expenses for previous yearUSD $ 216,180
Total expenses for current yearUSD $ 774,161
Total expenses for previous yearUSD $ 490,392
Other expenses in current yearUSD $ 585,902
Other expenses in previous yearUSD $ 306,431
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 188,259
Employee salary and benefits paid in previous yearUSD $ 183,961
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 $ 755,439
Total revenue in previous fiscal yearUSD $ 706,572
Contributions and grants from current yearUSD $ 25,000

Other Company Names associated with EIN

Wharton Economic Development Corporation

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 760573917

USA Mailing Address
1944 FULTON STREET
WHARTON
TX
77488
Date first seen: 2007-01-01
Date last seen: 2024-08-19

Nearby companies/organizations

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

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
S3 401k Lookup     VAT Lookup