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Nonprofiteer
← GREATER SATX

Form 990 for tax year 2023

Filed by GREATER SATX.

Totals

Total revenue
$5,332,245
Total expenses
$6,479,559
Contributions and grants received
$3,269,081
Grants paid
$0
Program service revenue
$1,871,663
Investment income
$4,617
Other revenue
$186,884
Total assets, end of year
$3,889,846
Total liabilities, end of year
$1,722,623
Net assets or fund balances, end of year
$2,167,223
Program services expenses (Part IX)
$4,599,754
Management and general expenses
$1,430,290
Fundraising expenses
$449,515
Program service expenses (Part III)
$4,601,288

Program services were 71.0% 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

    $3,163,081

  • 1f · All other contributions, gifts and grants

    $106,000

  • 2a · Program service revenue: MARKETING SERVICES

    total $1,871,663 · related or exempt $1,871,663

  • 3 · Investment income

    total $4,617 · excluded $4,617

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: IBDC PROGRAM

    total $28,333 · related or exempt $28,333

  • 11b · Other revenue: LEASE TERMINATION

    total $1,501 · excluded $1,501

  • 11c · Other revenue: OTHER INCOME

    total $157,050 · related or exempt $157,050

  • 11e · Other revenue, total

    $186,884

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $1,107,972 · program services $775,581 · management and general $232,674 · fundraising $99,717

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $1,769,895 · program services $1,238,926 · management and general $371,678 · fundraising $159,291

  • 8 · Pension plan contributions

    total $136,538 · program services $95,577 · management and general $28,673 · fundraising $12,288

  • 9 · Other employee benefits

    total $181,575 · program services $127,102 · management and general $38,131 · fundraising $16,342

  • 10 · Payroll taxes

    total $209,063 · program services $146,345 · management and general $43,903 · fundraising $18,815

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $12,418 · management and general $9,562 · fundraising $2,856

  • 11c · Fees: accounting

    total $24,515 · management and general $18,877 · fundraising $5,638

  • 11d · Fees: lobbying

    total $50,000 · management and general $45,500 · fundraising $4,500

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $450,738 · program services $20,817 · management and general $389,354 · fundraising $40,567

  • 12 · Advertising and promotion

    total $1,385,158 · program services $1,385,158

  • 13 · Office expenses

    total $35,871 · program services $28,608 · management and general $5,205 · fundraising $2,058

  • 14 · Information technology

    total $201,090 · management and general $173,088 · fundraising $28,002

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $158,055 · program services $132,766 · management and general $18,967 · fundraising $6,322

  • 17 · Travel

    total $487,021 · program services $409,495 · management and general $28,824 · fundraising $48,702

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $128,998 · program services $116,098 · management and general $12,900

  • 20 · Interest

    total $702 · program services $695 · management and general $7

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $81,331 · program services $64,828 · management and general $12,086 · fundraising $4,417

  • 23 · Insurance

    total $16,240 · program services $16,078 · management and general $162

  • 24a · Other expenses: SPONSORSHIPS

    total $27,500 · program services $26,950 · management and general $550

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $15,058 · program services $14,907 · management and general $151

  • 24c · Other expenses: OTHER EXPENSES

    total -$179 · program services -$177 · management and general -$2

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,263,339 · end of year $1,007,262

  • 2 · Savings and temporary cash investments

    beginning of year $357,322 · end of year $364,606

  • 3 · Pledges and grants receivable

    beginning of year $1,310,717 · end of year $880,358

  • 4 · Accounts receivable

    beginning of year $1,571,024 · end of year $868,258

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $68,251

  • 10a · Land, buildings and equipment: cost or other basis

    $454,468

  • 10b · Land, buildings and equipment: accumulated depreciation

    $263,685

  • 10c · Land, buildings and equipment, net

    beginning of year $237,828 · end of year $190,783

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $659,864 · end of year $510,328

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,226,310 · end of year $1,043,401

  • 19 · Deferred revenue

    beginning of year $9,833 · end of year $7,500

  • 25 · Other liabilities

    beginning of year $849,414 · end of year $671,722

  • 27 · Net assets without donor restrictions

    beginning of year $3,314,537 · end of year $2,167,223

Mission and programs · 2023

Mission

THE MISSION OF GREATER:SATX IS TO LEAD THE DEVELOPEMNT AND DIVERSIFICATION OF SAN ANTONIO REGIONAL ECONOMY THROUGH THE RECRUITMENT AND EXPANSION OF QUALIFY EMPLOYERS AND JOB PRODUCING INVESTMENTS.

Activities or mission (Part I)

THE MISSION OF GREATER:SATX IS TO LEAD THE DEVELOPMENT AND DIVERSIFICATION OF SAN ANTONIO REGIONAL ECONOMY THROUGH THE RECRUITMENT AND EXPANSION OF QUALITY EMPLOYERS AND JOB PRODUCING INVESTMENTS.

  • GREATER:SATX IS A PRIVATE, NONPROFIT ORGANIZATION THAT ASSISTS BUSINESS AND INDUSTRY IN LOCATING AND EXPANDING INTO THE SAN ANTONIO REGION.GREATER:SATX IS SUPPORTED BY ITS PUBLIC PARTNERS AND MORE THAN 200 PRIVATE SECTOR INVESTORS. SINCE 2017, GREATER:SATX HAS ASSISTED 180+ COMPANIES TO EXPAND IN THE SAN ANTONIO REGION RESULTING IN NEARLY 34,000 NEW JOBS AND TOTAL CAPITAL INVESTMENT OF APPROXIMATELY $8.3 BILLION.AT GREATER:SATX, WE MARKET THE REGION TO ELEVATE THE VALUE AND PERCEPTION OF THE AREA AND PROVIDE BUSINESSES WITH INFORMATION TO ASSIST IN THE ANALYSIS OF ESTABLISHING OR RELOCATING A FACILITY IN SAN ANTONIO REGION. PROFESSIONAL ASSISTANCE WITH RELOCATION ANALYSIS IS HANDLED WITH CONFIDENTIALITY AND AT NO COST TO OUR CLIENTS.GREATER:SATX SERVICES INCLUDE:-MARKET INTELLIGENCE, SPECIALIZED MARKET RESEARCH AND ANALYSIS-PROVIDE REAL ESTATE DEVELOPMENT CONNECTIONS-ARRANGE COMMUNITY BRIEFING AND CUSTOM CITY TOURS-INTRODUCE/MEET WITH COMMUNITY PARTNERS-IDENTIFY AND PACKAGE ALL LOCAL/STATE INCENTIVES APPLICABLE TO A BUSINESS-FOLLOW THROUGH WITH DEVELOPMENT PROCESS-PROVIDE CONNECTIONS FOR WORKFORCE NEEDS WITH EDUCATION PARTNERS

    Expenses $4,601,288

As filed on the 2023 return.

Listed in Part VII

  • Jenna Saucedo-Herrera

    President & CEO

    Total calculated
    $419,461
    From this org
    $404,894
    From related orgs
    $0
    Other
    $14,567
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $310,000
    Bonus
    $94,894
    Other
    not reported
    Deferred
    $14,228
    Nontaxable benefits
    $339
    Filer's total
    $419,461

  • Sarah Rush

    CHIEF ECONOMIC DEVELOPMENT OFFCR

    Total calculated
    $281,721
    From this org
    $261,070
    From related orgs
    $0
    Other
    $20,651
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $228,770
    Bonus
    $32,300
    Other
    not reported
    Deferred
    $13,782
    Nontaxable benefits
    $6,869
    Filer's total
    $281,721

  • Cecilia Redmond

    CHIEF BRAND & COMMUNICATIONS OFCR

    Total calculated
    $219,464
    From this org
    $203,905
    From related orgs
    $0
    Other
    $15,559
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,805
    Bonus
    $18,100
    Other
    not reported
    Deferred
    $8,547
    Nontaxable benefits
    $7,012
    Filer's total
    $219,464

  • Amber Gilbert

    SVP

    Total calculated
    $190,687
    From this org
    $172,934
    From related orgs
    $0
    Other
    $17,753
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,267
    Bonus
    $14,667
    Other
    not reported
    Deferred
    $8,738
    Nontaxable benefits
    $9,015
    Filer's total
    $190,687

  • Carmen Lara

    CHIEF ADMIN OFC

    Total calculated
    $187,326
    From this org
    $178,083
    From related orgs
    $0
    Other
    $9,243
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,333
    Bonus
    $21,750
    Other
    not reported
    Deferred
    $8,904
    Nontaxable benefits
    $339
    Filer's total
    $187,326

  • Ashley Gossen

    SVP

    Total calculated
    $164,029
    From this org
    $155,900
    From related orgs
    $0
    Other
    $8,129
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $132,667
    Bonus
    $23,233
    Other
    not reported
    Deferred
    $7,795
    Nontaxable benefits
    $334
    Filer's total
    $164,029

  • Sarah Morales

    SVP

    Total calculated
    $159,510
    From this org
    $145,490
    From related orgs
    $0
    Other
    $14,020
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $126,740
    Bonus
    $18,750
    Other
    not reported
    Deferred
    $7,688
    Nontaxable benefits
    $6,332
    Filer's total
    $159,510

  • Carlos Jarquin

    DIRECTOR

    Total calculated
    $131,875
    From this org
    $119,642
    From related orgs
    $0
    Other
    $12,233
    Hours/week
    40

  • Jamie Bloodsworth

    VP, COMMUNICATIONS

    Total calculated
    $118,357
    From this org
    $106,729
    From related orgs
    $0
    Other
    $11,628
    Hours/week
    40

  • Randy Smith

    Chairman

    Total calculated
    $0
    Hours/week
    3 + 3 related

  • Brandon Gayle

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    3

  • Bryant Ambelang

    SEC/TREAS

    Total calculated
    $0
    Hours/week
    3 + 3 related

  • Craig Boyan

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    3 + 3 related

  • Bob Johnson

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

  • Michael Lynd Jr

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

  • Chris Alderete

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

  • Debbie Marino

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

  • Rosa Santana

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

  • Kevin Voelkel

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

  • Dr Taylor Eighmy

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

  • Denise Hernandez

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

  • Dr Mike Flores

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

  • Rudy Garza

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

  • Dr William L Henrich

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

  • Leo Gomez

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

  • David E Marquez

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

  • Robert R Puente

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

  • Erik Walsh

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

  • Hope Andrade

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

  • Melodye Tomsu

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

  • Trey Dawson

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

  • Nathanael Tarwasokono

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

  • Phil Green

    EXEC. COMMITTEE

    Total calculated
    $0
    Hours/week
    3

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 committee
  • 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

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.

  • SA TALENT INC

    501(C)(3) · SEE SCHEDULE R; PART VII SUPPLEMENTAL · TX · controlled entity

    Directly controlled by GREATERSATX

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202433199349310973

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