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  4. Henderson Economic Development Corporation (HEDCO)
EIN 75-2504486

Henderson Economic Development Corporation (HEDCO)

IRS 501(c) type
501(c)(6)
Num. employees
2
City
Henderson
State
Texas
Year formed
1992
Most recent tax filings
2023-09-01
NTEE code, primary
S30: Economic Development
Description
HEDCO’s primary mission is to maintain and expand the tax base of the City of Henderson, to retain and create new value-added full-time jobs for the citizens of Henderson and to be instrumental in making Henderson a progressive community.
Total revenues
$2,794,786
2023
Total expenses
$574,278
2023
Total assets
$14,927,822
2023
Num. employees
2
2023

Program areas at HEDCO

Business Development activities job creation infrastructure for city

Personnel at HEDCO

NameTitleCompensation
John ClaryExecutive Director$0
Paul MorrisTreasurer$0
Joe SorrellsSecretary$0
Raymond MichellVice President$0
Wf GarmonPresident$0
...and 7 more key personnel

Financials for HEDCO

RevenuesFYE 09/2023
Total grants, contributions, etc.$2,274,947
Program services$0
Investment income and dividends$188,228
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$12,800
Net gain from sale of non-inventory assets$318,811
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,794,786

Form 990s for HEDCO

Fiscal year endingDate received by IRSFormPDF link
2023-092024-02-20990View PDF
2022-092023-08-13990View PDF
2021-092022-08-04990View PDF
2020-092021-09-10990OView PDF
2019-092020-09-10990View PDF
...and 10 more Form 990s
Data update history
October 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 10, 2023
Posted financials
Added Form 990 for fiscal year 2021
September 7, 2022
Used new vendors
Identified 1 new vendor, including
July 21, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
State / local level
General information
Address
300 W Main St
Henderson, TX 75652
Metro area
Longview, TX
County
Rusk County, TX
Website URL
hendersontx.us/ 
Phone
(903) 657-9146
IRS details
EIN
75-2504486
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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