Temple Economic Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 742504998 ✦ Temple, TX ✦ Designated as a 501(c)(6)

Overview

What is Temple Economic Development Corporation?

The Temple Economic Development Corporation is a nonprofit organization committed to stimulating economic growth and job creation in Temple, Texas. Their primary focus lies in two significant sectors: the Temple Health and Bioscience District and the automotive industry. By fostering development in these areas, they aim to bring substantial benefits to the city.


Official website here: www.choosetemple.com

Is Temple Economic Development Corporation legitimate?

Temple Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Temple Economic Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $448,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $219,222

For more financial information, click here


Official website here: www.choosetemple.com

What is the mission statement of Temple Economic Development Corporation?

The Temple Economic Development Corporation is dedicated to stimulating economic growth and job creation in two key sectors. The first area of focus is the Temple Health and Bioscience District, which holds significant potential for driving economic advancement. The second area is the automotive industry, another promising avenue for economic expansion. Through its initiatives in these fields, the Temple Economic Development Corporation aims to enhance the city's economy and create new opportunities.


Official website here: www.choosetemple.com

Who is the CEO of Temple Economic Development Corporation?

Adrian Cannady is the Director of Temple Economic Development Corporation.


Official website here: www.choosetemple.com

What is the revenue of Temple Economic Development Corporation?

Temple Economic Development Corporation's revenue in 2022 was $25,893,208.


Official website here: www.choosetemple.com

Who are the executives of Temple Economic Development Corporation and what are their salaries?

The average compensation at Temple Economic Development Corporation during 2022 was $167,006. There are 4 employees at Temple Economic Development Corporation.

Here are 17 key members and their salaries:

    Adrian Cannady (President)
  • Compensation: $317,000
  • Related: $0
  • Other: $15,000

    • Judy Morales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryan Daniel (Rz Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bo Harvey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Baird (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Wright (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Reinhardt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Blake Pitts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alita Risinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Schmidt (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Browder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sonjanette Crossley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brynn Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Hale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tyler Johnson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Howe (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.choosetemple.com

    Where can I find the form 990 for Temple Economic Development Corporation?

    The Temple Economic Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.choosetemple.com

    Learn more at the official website: www.choosetemple.com

    Mission Statement of Temple Economic Development Corporation

    The Temple Economic Development Corporation, headquartered in Texas, is dedicated to driving economic growth and job creation within the organization's areas of focus, which encompass the Temple Health and Bioscience District and the automotive industry. By concentrating on these sectors, the Corporation aims to bring about substantial improvements to the local economy.

    In the realm of health and bioscience, the Temple Economic Development Corporation is working diligently to foster an environment conducive to innovation, growth, and collaboration. This district represents a significant opportunity to attract research institutions, medical providers, and related businesses, all contributing to a thriving ecosystem that could lead to groundbreaking discoveries and the creation of high-quality jobs.

    Meanwhile, the Corporation's foray into the automotive industry is another strategic move designed to generate economic momentum. The Temple Economic Development Corporation understands the potential that this sector holds, as it is responsible for manufacturing, sales, and maintenance of vehicles and their components. By supporting businesses in this area and encouraging development, the Corporation is aiming to create a robust and self-sustaining industry that will contribute to the overall economic prosperity of the region.

    Impact

    This information is meant to be a general summary of Temple Economic Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Temple Economic Development Corporation's impact can be seen through its efforts in economic development and job creation in Temple, Texas. By focusing on the Temple Health and Bioscience District and the automotive industry, the corporation aims to significantly boost the city's economy. Through these initiatives, the corporation is actively working towards improving the community and creating opportunities for growth and prosperity in Temple.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $88,940
  • Program Service Revenue: $0
  • Gross Receipts: $26,365,723

    • Assets and Liabilities:
  • Total Assets: $53,020,825
  • Total Liabilities: $6,436,396
  • Net Assets: $46,584,429
  • Organization Details

    Founding Year

    1988

    Principal Officer

    Adrian Cannady

    Main Address

    201 SANTA FE WAY SUITE 103, TEMPLE, TX, 76501

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Temple Economic Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.