87
The Economic Development Corporation Of Weslaco
Community Development · Weslaco, Texas
275 S Kansas Avenue Suite A, Weslaco, TX 78596-6158
EIN: 742588704· Founded: Mar 1992· 34 years active· Filing Year: 2023
Annual Revenue
$8.6M
Total Expenses
$4.5M
Total Assets
$37.6M
Program Spending
115%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$97K
2.1% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$231K
Total Payroll
$328K
7% of total expenses
Where the Money Goes
100%
Programs: 100%
Payroll: 7%
Other overhead: -15%
Program Revenue$5.2M (60%)
Total Expenses$4.5M (53%)
Payroll$328K (7%)
Overhead (non-program)-15%
Trust Score Breakdown
Program Spending Ratio
115% of expenses go to programs
Revenue & Stability
$8.6M annual revenue
Executive Compensation
$97K total officer comp (2.1% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$37.6M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.