CSCharityScored
70

Commerce Economic Development Corporation

Other · Commerce, Texas

1119 Alamo St, Commerce, TX 75428-2601

EIN: 752559659· Founded: Oct 1994· 32 years active· Filing Year: 2023

Annual Revenue

$1.0M

Total Expenses

$192K

Total Assets

$5.4M

Program Spending

402%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$95K

49.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$95K

50% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 50%
Other overhead: -302%
Program Revenue$772K (74%)
Total Expenses$192K (18%)
Payroll$95K (50%)
Overhead (non-program)-302%

Trust Score Breakdown

Program Spending Ratio

402% of expenses go to programs

40%

Revenue & Stability

$1.0M annual revenue

15%

Executive Compensation

$95K total officer comp (49.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$5.4M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.