Texas Economic Development Council Inc.

Fiscal year ending 2024. Filed on November 17, 2025.

919 Congress Ave 1145
Austin, Texas 78701

Texas Economic Development Council Inc. (EIN: 74-2053921) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Texas Economic Development Council Inc., a 501(c)(6) business league, reported compensation for 1 out of 8 total employees. Among the employees shown here, the average compensation is $277,115. The highest compensated employee at Texas Economic Development Council Inc. is Carlton Schwab with fiscal year 2024 compensation of $277,115.

Revenue, expenses, and employee compensation

Revenue

$2,775,559

Expenses

$2,639,034

Employee compensation

$818,648
Revenue, expenses, and employee compensation over time

Mission Statement

DEVELOPMENT OF ECONOMIC AND EMPLOYMENT OPPORTUNITIES IN TEXAS. TEDC PROVIDES INFORMATION EDUCATIONAL & LEGISLATIVE SERVICES TO ITS MEMBERS IN ORDER TO FOSTER EXPANSION OF EXISTING INDUSTRY LOCATION OF NEW FIRMS AND DEVELOPMENT OF STRATEGIES THAT PROMOTE A POSITIVE BUSINESS CLIMATE IN TEXAS.

Revisions to this organization profile

November 17, 2025:
2024 Texas Economic Development Council Inc. 990 filed
November 5, 2024:
2023 Texas Economic Development Council Inc. 990 filed
November 1, 2023:
2022 Texas Economic Development Council Inc. 990 filed

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