Nonprofit · EIN 23-7176101
SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC
Tax-exempt · BEAUMONT, TX 77703
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $306,584 | $271,010 | $35,574 | $248,456 | $6,502 | $241,954 |
| September 30, 2024 | 990 | $280,779 | $263,032 | $17,747 | $219,529 | $13,149 | $206,380 |
| September 30, 2023 | 990 | $267,013 | $261,062 | $5,951 | $200,730 | $12,097 | $188,633 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $297,089
- Investment income
- $1,657
- Other revenue
- $7,838
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $59,375
- Salaries, compensation and benefits (total)
- $63,917
- Professional fundraising fees
- $0
- Accounting fees
- $13,122
- Travel
- $14,164
- Program services (functional)
- $200,346
- Management and general (functional)
- $70,664
Balance sheet and other
- Total assets, start of year
- $219,529
- Total assets, end of year
- $248,456
- Total liabilities, end of year
- $6,502
- Net assets, end of year
- $241,954
- Net assets without donor restrictions
- $232,485
- Net assets with donor restrictions
- $9,469
- Gross receipts
- $306,584
- Employees
- 2
- Year formed
- 1998
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFF BRANICK | DIRECTOR Trustee or director | – | $0 |
| DALE CHAMPAGNE | SECRETARY Trustee or director, Officer | – | $0 |
| KAY DECUIR | VICE CHAIR Trustee or director | – | $0 |
| AMANDA ELLIS | DIRECTOR Trustee or director | – | $0 |
| CHARLIE FOXWORTH | DIRECTOR Trustee or director | – | $0 |
| BOB HAMER | DIRECTOR Trustee or director | – | $0 |
| PIERCE HARRINGTON | DIRECTOR Trustee or director | – | $0 |
| JESSICA HILL | DIRECTOR Trustee or director | – | $0 |
| WAYNE HOLLAND | CHAIRMAN Trustee or director, Officer | – | $0 |
| LARRY KELLY | DIRECTOR Trustee or director | – | $0 |
| DAVID MAY | DIRECTOR Trustee or director | – | $0 |
| JIM RICH | EXEC DIRECTO Trustee or director, Officer | – | $0 |
| ANN SCOGGIN | DIRECTOR Trustee or director | – | $0 |
| JOSH SMITH | DIRECTOR Trustee or director | – | $0 |
| ROBERT TURNER | DIRECTOR Trustee or director | – | $0 |
990 for the year ended September 30, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFF BRANICK | DIRECTOR Trustee or director | – | $0 |
| DALE CHAMPAGNE | SECRETARY Trustee or director, Officer | – | $0 |
| KAY DECUIR | VICE CHAIR Trustee or director | – | $0 |
| CHARLIE FOXWORTH | DIRECTOR Trustee or director | – | $0 |
| BOB HAMER | DIRECTOR Trustee or director | – | $0 |
| PIERCE HARRINGTON | DIRECTOR Trustee or director | – | $0 |
| JESSICA HILL | DIRECTOR Trustee or director | – | $0 |
| WAYNE HOLLAND | CHAIRMAN Trustee or director, Officer | – | $0 |
| LARRY KELLY | DIRECTOR Trustee or director | – | $0 |
| CHRIS KOVATCH | DIRECTOR Trustee or director | – | $0 |
| DAVID MAY | DIRECTOR Trustee or director | – | $0 |
| JIM RICH | EXEC DIRECTO Trustee or director, Officer | – | $0 |
| ANN SCOGGIN | DIRECTOR Trustee or director | – | $0 |
| JOSH SMITH | DIRECTOR Trustee or director | – | $0 |
| ROBERT TURNER | DIRECTOR Trustee or director | – | $0 |
990 for the year ended September 30, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFF BRANICK | DIRECTOR Trustee or director | – | $0 |
| DALE CHAMPAGNE | SECRETARY Trustee or director, Officer | – | $0 |
| KAY DECUIR | VICE CHAIR Trustee or director | – | $0 |
| CHARLIE FOXWORTH | DIRECTOR Trustee or director | – | $0 |
| BOB HAMER | DIRECTOR Trustee or director | – | $0 |
| PIERCE HARRINGTON | DIRECTOR Trustee or director | – | $0 |
| JESSICA HILL | DIRECTOR Trustee or director | – | $0 |
| WAYNE HOLLAND | CHAIRMAN Trustee or director, Officer | – | $0 |
| LARRY KELLY | DIRECTOR Trustee or director | – | $0 |
| CHRIS KOVATCH | DIRECTOR Trustee or director | – | $0 |
| DAVID MAY | DIRECTOR Trustee or director | – | $0 |
| JIM RICH | EXEC DIRECTO Trustee or director, Officer | – | $0 |
| DEAN ROBINSON | DIRECTOR Trustee or director | – | $0 |
| ANN SCOGGIN | DIRECTOR Trustee or director | – | $0 |
| KARL SEGURA | DIRECTOR Trustee or director | – | $0 |
| JOSH SMITH | DIRECTOR Trustee or director | – | $0 |
| ROBERT TURNER | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 2210 EASTEX FWY, BEAUMONT, TX 77703-4929
- Principal officer (990 for 2024)
- JIM RICH, 2210 EASTEX FWY, BEAUMONT, TX 77703
- Signed the 990
- JIM RICH, EXEC DIRECTOR
- Phone
- (409) 838-6585
- Website
- WWW.SETEDF.ORG
- Return prepared by
- LAWRENCE BLACKBURN MEEK MAXEY & CO
Mission
SEE ATTACHED STATEMENT
Program accomplishments
- SBA 504 LOAN PROGRAM: ASSIST SMALL BUSINESSES IN PREPARING LOAN APPLICATIONS AND SERVICING EXISTING LOANS UNDER THE SECTION 504 LOAN PROGRAM OF THE SMALL BUSINESS ADMINISTRATIONExpenses $97,825
- PROMOTE REGIONAL ECONOMIC DEVELOPMENT WITHIN THE SOUTHEAST TEXAS REGION.Expenses $102,521
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 23-7176101
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1972
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S300)
- Assets (IRS master file)
- $248,456
- Income (IRS master file)
- $306,584
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $306,584 | $271,010 | $248,456 | XML |
| 990 | September 2024 | $280,779 | $263,032 | $219,529 | XML |
| 990 | September 2023 | $267,013 | $261,062 | $200,730 | XML |
| 990 | September 2022 | $258,241 | $241,075 | $203,887 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7176101).
Questions about SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC
- What is the EIN of SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC?
- The employer identification number (EIN) of SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC is 23-7176101.
- Is SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Are donations to SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC?
- The 990 for the year ended September 30, 2025 names JIM RICH.
- Who are the officers and directors of SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC?
- The 990 for the year ended September 30, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does SOUTHEAST TEXAS ECONOMIC DEVELOPMENT FOUNDATION INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $306,584, expenses of $271,010 and total assets of $248,456 at year end.
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All nonprofits in BEAUMONT · Texas · Community improvement and capacity building