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Nonprofiteer
← GREATER NEW BRAUNFELS ECONOMIC DEVELOPMENT FOUNDATION

Form 990 for tax year 2025

Filed by GREATER NEW BRAUNFELS ECONOMIC DEVELOPMENT FOUNDATION.

Totals

Total revenue
$422,713
Total expenses
$512,382
Contributions and grants received
$376,972
Grants paid
$0
Program service revenue
$0
Investment income
$6,267
Other revenue
$39,474
Total assets, end of year
$243,583
Total liabilities, end of year
$132,819
Net assets or fund balances, end of year
$110,764
Program services expenses (Part IX)
$504,000
Management and general expenses
$8,382
Fundraising expenses
$0
Program service expenses (Part III)
$504,000

Program services were 98.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $376,972

  • 3 · Investment income

    total $6,267 · excluded $6,267

  • 8a · Fundraising events: gross income

    $47,552

  • 8b · Fundraising events: direct expenses

    $23,078

  • 8c · Net income from fundraising events

    total $24,474 · excluded $24,474

  • 11a · Other revenue: OTHER

    total $15,000 · related or exempt $15,000

  • 11e · Other revenue, total

    $15,000

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $6,286 · management and general $6,286

  • 11g · Fees: other

    total $504,000 · program services $504,000

  • 24a · Other expenses: BANK FEES

    total $2,096 · management and general $2,096

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $223,125 · end of year $243,283

  • 4 · Accounts receivable

    beginning of year $7,308 · end of year $300

  • 17 · Accounts payable and accrued expenses

    end of year $6,000

  • 19 · Deferred revenue

    beginning of year $30,000 · end of year $126,819

  • 27 · Net assets without donor restrictions

    beginning of year $200,433 · end of year $110,764

Mission and programs · 2025

Mission

PROMOTE ECONOMIC DEVELOPMENT

  • VARIOUS CAMPAIGNS AND RESEARCH TO PROMOTE ECONOMIC DEVELOPMENT AND CONVENTION MARKETING SERVICES.

    Expenses $504,000

As filed on the 2025 return.

Listed in Part VII

  • Terri Adams

    2025 CHAMBER CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Tony Battle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Todd Blackmon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Barron Casteel

    2024 CHAMBER CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Keith Dalton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Cory Elrod

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Russel Gribble

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Lance Griffin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Justin Hammack

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Max Harford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Alice Jewell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Greg Lutz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Douglas Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jeff Moeller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Nick Reynolds

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Patrick Rose

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Genifer Rucker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Thad Rutherford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Travis Taylor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Thor Thornhill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Melodye Tomsu

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jonathan Packer

    PRESIDENT & CEO

    Total calculated
    $246,639
    From this org
    $0
    From related orgs
    $246,639
    Other
    $0
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $246,639 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $246,639 related
  • Catherine M Boggs

    SVP OF ECONOMIC DEVELOPMEN

    Total calculated
    $163,200
    From this org
    $0
    From related orgs
    $163,200
    Other
    $0
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $0 + $163,200 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $163,200 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
Filed
2 September 2026
IRS schema version
2025v4.2
Source object
202622459349300137

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