Groveton Economic Development Corporation 4A and 4B (GEDC)
Legal name: Groveton Economic Development Corporation Committee 4A
Nonprofit profile at a glance
- EIN
- 752967955
- IRS 990-EZ coverage
- 2009–2023
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990-EZ 2023, Form 990-N 2019
- Location
- Groveton, TX, US
- Phone
- (936) 642-1122
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $76,644
- Expenses
- $30,261
- Assets
- $301,489
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- GORDON BERGMAN (President)
- EDGAR JABO WEST (Vice President)
People named in this filing
- GORDON BERGMAN (President)
- JAMES ALFORD (Secretary)
- EDGAR JABO WEST (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To stimulate economic activity and community development through funding requests that follow established guidelines, with priority given to projects within the City limits of Groveton that create jobs and address the greatest needs of the community.
What it reported doing in 2023
Promote, assist, and enhance economic development activities and qualtiy of life opportunities within the city and its extraterritorial jurisdiction that promote economic development
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 78
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 60.5%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 9.96; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 1.8% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 4.4% per year; rating input score 100; 56th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 filed schedules
- Filing history: 5 filing years from 2009 to 2023
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Officer compensation ratio scored 56/100.