FORT WORTH LOCAL DEVELOPMENT CORPORATION

As filed

Subsection

03

Classification

1000

Street

100 FORT WORTH TRL

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

• LDC FUNDED PROJECTS FOR CAMP BOWIE BOULEVARD FROM UNIVERSITY DRIVE TO MONTGOMERY STREET FOR $1,600,000 AND SANDMAN-HOTEL EXPLOSION - BUSINESS DISASTER RECOVERY GRANT FOR $137,205.10. REVENUE $25,016.34 GAS LEASE ROYALTIES, $4,000.00 PROGRAM SERVICE, AND $338,268.68 INTEREST/INVESTMENT.

  Expenses $1,737,205 · Grants $1,737,205 · Revenue $4,000

• MARKETING AND RESEARCH TOTALLING $409,513 FOR THE YEAR. COVERS SCHAEFER ADVERTISING CO., BRAVER TOGETHER TARRANT AND JOHN SON PRESS EXPENDITURES.

  Expenses $409,513

• URBAN MAIN STREET PILOT PROGRAM TOTALING $90,000 GIVEN TO SOUTHEAST FORT WORTH INC AND FORT WORTH HISPANIC CHAMBER OF COMMERCE IN AGREEMENT FOR THE MAIN STREET PILOT PROGRAM GRANT. PILOT PROGRAM TO SUPPORT COMMUNITY ECONOMIC DEVELOPLMENT AND COMMERCIAL DISTRICT REVITALIZATION EFFORTS IN TWO CORRIDORS OF THE CITY OF FORT WORTH.

  Expenses $90,000 · Grants $90,000

• CONTRACTUAL SERVICES TOTALLING $54,102. COVERS GRAHAM ROBINSON (MOWING AND LANDSCAPING SERVICES) AND THE DEC (ENTREPRENEURSHIP)

  Expenses $54,102

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2023

  Revenue

  $482,939

  Expenses

  $2,787,955

  Contributions

  $0

  Grants paid

  $1,827,205

• 2022

  Revenue

  $227,239

  Expenses

  $1,301,570

  Contributions

  $0

  Grants paid

  $121,155

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $121,180

  Expenses

  $946,612

  Assets (EOY)

  $10,319,610

• 2020 · 990

  Revenue

  $9,133,213

  Expenses

  $2,192,093

  Assets (EOY)

  $11,302,352

• 2019 · 990

  Revenue

  $1,305,213

  Expenses

  $1,359,385

  Assets (EOY)

  $4,860,035

• 2018 · 990

  Revenue

  $1,374,966

  Expenses

  $954,876

  Assets (EOY)

  $5,310,968

• 2017 · 990

  Revenue

  $9,694,320

  Expenses

  $6,653,313

  Assets (EOY)

  $12,385,047

• 2016 · 990

  Revenue

  $2,194,032

  Expenses

  $3,825,323

  Assets (EOY)

  $23,803,433

• 2015 · 990

  Revenue

  $400,440

  Expenses

  $544,129

  Assets (EOY)

  $21,605,716

• 2014 · 990

  Revenue

  $808,696

  Expenses

  $233,068

  Assets (EOY)

  $6,642,437

• 2013 · 990

  Revenue

  $430,454

  Expenses

  $66,586

  Assets (EOY)

  $6,403,976

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

• CITY OF FORT WORTH (DEVELOPMENT SERVICES AND TPW)

  $1,600,000

  2023 · CAMP BOWIE IMPROVEMENT PROJECT

• FORT WORTH HISPANIC CHAMBER OF COMMERCE INC

  $45,000

  2022 · MAIN STREET PILOT PROGRAM GRANT

• SOUTHEAST FORT WORTH INC

  $45,000

  2022 · MAIN STREET PILOT PROGRAM GRANT

• FORT WORTH HISPANIC CHAMBER OF COMMERCE

  $45,000

  2023 · MAIN STREET PILOT PROGRAM GRANT

• SOUTHEAST FORT WORTH INC

  $45,000

  2023 · MAIN STREET PILOT PROGRAM GRANT

• COWTOWN SEGWAY

  $40,970

  2023 · SMALL BUSINESS DISASTER RECOVERY PROGRAM

• LA'CREMIAN

  $37,224

  2023 · SMALL BUSINESS DISASTER RECOVERY PROGRAM

• BARBER'S BOOKSTORE

  $31,414

  2023 · SMALL BUSINESS DISASTER RECOVERY PROGRAM

• NATIONAL MAIN STREET CENTER INC

  $31,155

  2022 · MAIN STREET PILOT PROGRAM GRANT

• DAVID DALTON SALON

  $27,597

  2023 · SMALL BUSINESS DISASTER RECOVERY PROGRAM

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files