Loading profile…
Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
DBA: N/A
No longer listed with the IRS — appears terminated
This organization is no longer in the IRS Exempt Organizations Master File or Pub 78 — its most recent Form 990 (FY2024) appears to be a final return (dissolved or merged). It is not currently a verifiable tax-exempt organization; the information below is historical.
EIN 46-3093399 · Snapshot of IRS recognition, filing currency, financial health, and governance.
The purpose of the Corporation is to stimulate economic development in the Laredo and surrounding areas, which will be accomplished by supporting business investment and growth through services offered by our Corporation, including support services, providing information and expertise of the local business environment, and other related services. The Corporation will offer and provide these services to businesses not local to the Laredo and surrounding areas, which are looking to invest in and relocate to our community, and to businesses already in our community looking and needing assistance to grow. The relocation of business to the Laredo and surrounding areas and/or the growth of local businesses will help accomplish the Corporation's charitable goals of improving an Economically Distressed Area by providing relief of community deterioration and relief of the poor and distressed through increased employment opportunities and increased per capita income by the business assisted.
Total Revenue
-$11K
FY2024
Total Expenses
$77K
FY2024
Net Assets
$0
Program Ratio
98.3%
expenses on programs
Employees
0
Volunteers
—
Board Members
7
Voting
7
Independent
8 answers compiled from IRS Form 990, BMF, Pub 78, and the Auto-Revocation List.