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Marble Falls Economic Development Corporation

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$4.62M (2023)

Expenses
$1.88M (2023)

Total Assets
$33.8M (2023)

Total Liabilities
$13.4M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,619,622
Expenses
$1,878,466
Net Income
$2,741,156
Net Assets
$20,391,650
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,270
0.7%
Program Services $3,614,427
78.2%
Investment Income $974,415
21.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $510
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $192,480
10.2%
Professional Fundraising Fees $0
Other Salaries and Wages $84,819
4.5%
Assets/Debt
Total Assets $33,823,548
Total Liabilities $13,431,898
Net Assets $20,391,650
Compensation
Key Employees and Officers Compensation Related Other
Christian Fletcher (Executive Director) $146,836 $0 $32,640
Steve Reitz (President) $0 $0 $0
Mark Mayfield (Vice President) $0 $0 $0
Christina Mcdonald City Secretary (Secretary) $0 $0 $0
Jeff Lazenby Director Of Finance (Treasurer 4/7/21 To Presen) $0 $0 $0
Richard Westerman (Director 6/2/21 To 6/6/23) $0 $0 $0
Dee Haddock (Director 6/6/23 To 5/21/24) $0 $0 $0
Lindsay Plante (Director) $0 $0 $0
Judy Miller (Director) $0 $0 $0
John Packer (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,358,572
Expenses
$2,058,522
Net Income
$4,300,050
Net Assets
$17,650,494
Notable Sources of Revenue Percent of Total Revenue
Contributions $39,774
0.6%
Program Services $3,498,929
55.0%
Investment Income $0
Bond Proceeds $186,433
2.9%
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,168,166
34.1%
Net Inventory Sales $0
Other Revenue $465,270
7.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $173,358
8.4%
Professional Fundraising Fees $0
Other Salaries and Wages $82,275
4.0%
Assets/Debt
Total Assets $32,285,301
Total Liabilities $14,634,807
Net Assets $17,650,494
Compensation
Key Employees and Officers Compensation Related Other
Christian Fletcher (Executive Director) $140,769 $0 $27,958
Steve Reitz (President) $0 $0 $0
Mark Mayfield (Vice President) $0 $0 $0
Christina Mcdonald City Secretary (Secretary) $0 $0 $0
Jeff Lazenby Director Of Finance (Treasurer 4/7/21 To Presen) $0 $0 $0
Richard Westerman (Director 6/2/21 To Present) $0 $0 $0
Lindsay Plante (Director) $0 $0 $0
Judy Miller (Director) $0 $0 $0
John Packer (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,625,669
Expenses
$2,098,041
Net Income
$1,527,628
Net Assets
$13,350,444
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,584
0.4%
Program Services $3,036,758
83.8%
Investment Income $9,217
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $565,105
15.6%
Net Inventory Sales $0
Other Revenue $5
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $165,279
7.9%
Professional Fundraising Fees $0
Other Salaries and Wages $71,863
3.4%
Assets/Debt
Total Assets $20,873,582
Total Liabilities $7,523,138
Net Assets $13,350,444
Compensation
Key Employees and Officers Compensation Related Other
Christian Fletcher (Executive Director) $139,615 $0 $26,523
Steve Reitz (President) $0 $0 $0
Mark Mayfield (Vice President) $0 $0 $0
Christina Mcdonald City Secretary (Secretary) $0 $0 $0
Baron Sauls Director Of Finance (Treasurer Until 10/8/20) $0 $0 $0
Jeff Lazenby Director Of Finance (Treasurer 4/7/21 To Present) $0 $0 $0
Dee Haddock (Director Until 5/31/21) $0 $0 $0
Richard Westerman (Director 6/2/21 To Present) $0 $0 $0
Lindsay Plante (Director) $0 $0 $0
Judy Miller (Director) $0 $0 $0
John Packer (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,974,936
Expenses
$2,541,577
Net Income
$433,359
Net Assets
$11,822,816
Notable Sources of Revenue Percent of Total Revenue
Contributions $24,760
0.8%
Program Services $2,562,716
86.1%
Investment Income $85,235
2.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $297,225
10.0%
Net Inventory Sales $0
Other Revenue $5,000
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $160,950
6.3%
Professional Fundraising Fees $0
Other Salaries and Wages $74,350
2.9%
Assets/Debt
Total Assets $19,985,747
Total Liabilities $8,162,931
Net Assets $11,822,816
Compensation
Key Employees and Officers Compensation Related Other
Christian Fletcher (Executive Director) $124,857 $0 $25,816
Steve Reitz (President) $0 $0 $0
Mark Mayfield (Vice President) $0 $0 $0
Christina Mcdonald City Secretary (Secretary) $0 $0 $0
Margie Cardenas Director Of Finance (Treasurer Until 1/6/20) $0 $0 $0
Baron Sauls Director Of Finance (Treasurer From 1/7/20) $0 $0 $0
Dee Haddock (Director) $0 $0 $0
Lindsay Plante (Director) $0 $0 $0
Judy Miller (Director) $0 $0 $0
John Packer (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,686,008
Expenses
$1,499,940
Net Income
$1,186,068
Net Assets
$11,389,457
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,206
1.1%
Program Services $2,458,410
91.5%
Investment Income $199,988
7.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$10,150
Other Revenue $7,554
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $154,957
10.3%
Professional Fundraising Fees $0
Other Salaries and Wages $68,400
4.6%
Assets/Debt
Total Assets $20,188,752
Total Liabilities $8,799,295
Net Assets $11,389,457
Compensation
Key Employees and Officers Compensation Related Other
Christian Fletcher (Executive Director) $121,783 $0 $20,384
Steve Reitz (President) $0 $0 $0
Mark Mayfield (Vice President) $0 $0 $0
Christina Mcdonald City Secretary (Secretary) $0 $0 $0
Margie Cardenas Director Of Finance (Treasurer) $0 $0 $0
Ryan Nash (Director) $0 $0 $0
Dee Haddock Joined 362019 (Director) $0 $0 $0
Jane Hurst Resigned 1172018 (Director) $0 $0 $0
Lindsay Plante (Director) $0 $0 $0
Judy Miller (Director) $0 $0 $0
John Packer (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,497,495
Expenses
$2,049,813
Net Income
$447,682
Net Assets
$17,163,509
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,259,709
90.5%
Program Services $37,731
1.5%
Investment Income $152,791
6.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $47,264
1.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $187,660
9.2%
Assets/Debt
Total Assets $17,179,765
Total Liabilities $16,256
Net Assets $17,163,509

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,206,737
Expenses
$3,091,174
Net Income
$6,115,563
Net Assets
$16,508,924
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,186,092
23.7%
Program Services $0
Investment Income $260,591
2.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $260,054
2.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,500,000
70.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $184,488
6.0%
Assets/Debt
Total Assets $16,565,060
Total Liabilities $56,136
Net Assets $16,508,924

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,217,494
Expenses
$1,850,903
Net Income
$366,591
Net Assets
$10,204,687
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,008,089
90.6%
Program Services $0
Investment Income $2,711
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $86,150
3.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $120,544
5.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $170,017
9.2%
Assets/Debt
Total Assets $10,294,119
Total Liabilities $89,432
Net Assets $10,204,687

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,129,408
Expenses
$2,983,626
Net Income
-$854,218
Net Assets
$10,143,477
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,048,657
96.2%
Program Services $0
Investment Income $3,486
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $77,265
3.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $157,396
5.3%
Assets/Debt
Total Assets $10,210,529
Total Liabilities $67,052
Net Assets $10,143,477

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,144,307
Expenses
$5,101,465
Net Income
$1,042,842
Net Assets
$11,366,778
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,693,675
27.6%
Program Services $0
Investment Income $1,986
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $254,027
4.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,194,619
68.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $142,183
2.8%
Assets/Debt
Total Assets $11,448,592
Total Liabilities $81,814
Net Assets $11,366,778

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,826,534
Expenses
$1,436,411
Net Income
$390,123
Net Assets
$9,269,873
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,708,611
93.5%
Program Services $0
Investment Income $2,054
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $115,869
6.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $135,760
9.5%
Assets/Debt
Total Assets $9,341,240
Total Liabilities $71,367
Net Assets $9,269,873

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,635,550
Expenses
$1,173,250
Net Income
$462,300
Net Assets
$9,452,995
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,541,407
94.2%
Program Services $0
Investment Income $1,586
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $92,557
5.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $133,137
11.3%
Assets/Debt
Total Assets $9,465,383
Total Liabilities $12,388
Net Assets $9,452,995

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,746,598
Expenses
$1,413,722
Net Income
$332,876
Net Assets
$9,404,609
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,539,314
88.1%
Program Services $0
Investment Income $1,136
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $45,536
2.6%
Net Fundraising $0
Sales of Assets $160,612
9.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $64,003
4.5%
Assets/Debt
Total Assets $9,510,443
Total Liabilities $105,834
Net Assets $9,404,609

Document Links

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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