2026-02-17T16:32:15-06:00 2025-09-30 742484378 LOTT VERNON & CO PC 109 E AVE B P O BOX 935 KILLEEN TX 76541 990 2024-10-01 742594957 KILLEEN ECONOMIC DEVELOPMENT KILL 2545269551 ONE SANTA FE PLAZA KILLEEN TX 76541 KELLY BROWN PRESIDENT 2545269551 2026-02-17 1 1 RONALD E STEPP CPA P00156988 2545260571 2026-02-17 2024 2025-03-06 01:10:19Z KELLY BROWN ONE SANTA FE PLAZA KILLEEN TX 76541 1539026 0 X N/A X 1990 TX TO PROMOTE ECONOMIC DEVELOPMENT 9 9 0 0 0 0 865000 885000 397440 450040 476823 203986 0 0 1739263 1539026 174575 0 0 0 0 0 0 0 0 1304883 1531081 1479458 1531081 259805 7945 13387201 12268156 3821291 2694301 9565910 9573855 TO PROMOTE ECONOMIC DEVELOPMENT IN THE COMMUNITY BY EXPANDNG EXISTING BUSINESSES AND ATTRACTING NEW BUSINESSES. 0 0 1531081 0 TO PROVIDE MATCHING SCHOLARSHIP FUNDS GENERATED IN THE COMMUNITY AND TO BE USED FOR ECONOMIC DEVELOPMENT INCENTIVES FOR PROSPECTIVE BUSINESSES 1531081 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 TX X TODD FOX 2545269551 ONE SANTA FE PLAZA KILLEEN TX 76541 X CURT GAINES KIF REP 0.00 X 0 0 0 NINA COBB SECRETARY 0.00 X X 0 0 0 ANTHONY KENDRICK CITY REP 0.00 X 0 0 0 DEBBIE NASH-KING CITY REP 0.00 X 0 0 0 JOSE GUZMAN VICE PRESIDENT 0.00 X X 0 0 0 SCOTT COSPER CHAMBER REP 0.00 X 0 0 0 TODD FOX TREASURER 0.00 X X 0 0 0 AMY MILSAP CHAMBER REP 0.00 X 0 0 0 KELLY BROWN PRESIDENT 0.00 X X 0 0 0 0 0 0 0 0 0 0 0 885000 885000 RENTAL INCOME 532000 450040 450040 450040 203986 203986 1539026 203986 0 450040 636200 636200 11055 11055 97899 97899 176344 176344 166481 166481 117862 117862 REPAIRS & MAINTENANCE 160949 160949 PROFESSIONAL FEES 154291 154291 MISCELLANEOUS 10000 10000 1531081 1531081 0 0 371311 466410 5049736 3933970 44206 304000 304000 11763622 4244052 7662154 7519570 13387201 12268156 71291 76221 3750000 2618080 3821291 2694301 X 9565910 9573855 9565910 9573855 13387201 12268156 7945 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5731463 5731463 6000777 4212675 1788102 31382 31377 5 7519570 1539026 0 1539026 0 1539026 1531081 0 1531081 0 1531081 1 FORM 990, PART VI, SECTION A, LINE 7A NINE MEMBERS ARE APPOINTED BY THE CITY COUNCIL OF CITY OF KILLEEN. THERE ARE NINE MEMBERS THAT ARE NOMINATED AND REPRESENTING THE FOLLOWING ORGANIZATIONS: 3 FROM CITY OF KILLEEN MAYOR AND CITY COUNCIL, THREE FROM THE GREATER KILLEEN CHAMBER OF COMMERCE, AND THREE FROM THE KILLEEN INDUSTRIAL FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7B AS PROVIDED IN THE AGREEMENT BETWEEN KEDC AND THE CITY OF KILLEEN, KEDC HAS THE AUTHORITY TO COMMIT AND SPEND FUNDS RECEIVED FROM THE CITY WITHOUT CITY COUNCIL APPROVAL FOR ACTIVITIES SPECIFICALLY IDENTIFIED IN THE AGREEMENT. HOWEVER, ANY ACTS OR ACTIVITIES NOT IDENTIFIED, BUT IN ACCORDANCE WITH KEDC BYLAWS, MUST BE APPROVED BY THE CITY COUNCIL PRIOR TO ANY COMMITMENT OR EXPENDITURE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE GREATER KILLEEN CHAMBER OF COMMERCE'S VP OF FINANCE & ADMINISTRATION PRIOR TO FILING. FORM 990 IS PREPARED FROM THE BOARD APPROVED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 12C INDIVIDUALS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTERESTS. THESE POTENTIAL CONFLICT OF INTEREST RELATIONSHIPS ARE REVIEWED BY THE BOARD AND ADDRESSED ON AN INDIVIDUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.