The Woodlands Area Economic Development

Community development organization based in The Woodlands, TX. 3 employees. Exempt under §501(c)(6).

MissionTHE MISSION OF THE WOODLANDS AREA ECONOMIC DEVELOPMENT PARTNERSHIP (EDP) IS TO PROMOTE THE ECONOMIC DEVELOPMENT OF THE WOODLANDS AREA THROUGH THE RETENTION AND GROWTH OF EXISTING BUSINESSES, AND THE RECRUITMENT OF NEW BUSINESSES THAT CAN BRING OPPORTUNITIES TO THE AREA. THE EDP'S

EIN
47-4960672
State
TX
Sector
Community development
Budget band
$500K–$1M
Latest filing
TY 2023
Records
2 officers · 5 years

Financial snapshot · TY 2023

$980K
Total revenue
$1.0M
Total expenses
$1.2M
Net assets

Financial health · TY 2023

32
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
41
7.3 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
81
Mix of program fees, grants & contributions

Leadership compensation

Gil Staley
CHIEF EXECUTIVE OFFICER
$241,882
89th percentile vs. peers
Holly Gruy
CHIEF OPERATING OFFICER
$123,126
63th percentile vs. peers

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The Woodlands Area Economic Development Executive Compensation | 990 Data | DoubleNine