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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Wharton Economic Development Corp.

Wharton Economic Development Corp.

Fiscal year ending 2020. Filed on January 28, 2021.

1944 N Fulton
Wharton, Texas 77488

Wharton Economic Development Corp. (EIN: 76-0573917) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Wharton Economic Development Corp., a 501(c)(3) charitable organization, reported compensation for 2 out of 3 total employees. Among the employees shown here, the average compensation is $54,809. The highest compensated employee at Wharton Economic Development Corp. is Chad Odom with fiscal year 2020 compensation of $95,784.

Revenue, expenses, and employee compensation

Revenue

$994,405

Expenses

$758,481

Employee compensation

$234,878
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Chad Odom
Former Executive Director
$95,784
$95,784 No related compNo other comp
Joshua Owens
Executive Director
$13,834
$13,834 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Al Bryant
Member
Bill Ansley
Treasurer
Freddie Pekar
Vice President
Judd Perry
Member
Marshall Francis
President
Michael Wootton
Secretary
Russell MacHann
Member

Mission Statement

TO DEVELOP A POSITIVE CLIMATE FOR BUSINESSES AND INDUSTRIAL GROWTH AND INVESTMENT; ASSIST IN THE CREATION OF JOBS; INCREASE THE TAX BASE OF THE VARIOUS TAXING ENTITIES; DIVERSIFY THE LOCAL ECONOMY TO MAKE IT MORE IMPERVIOUS TO STATE AND NATIONAL ECONOMIC RECESSION; AND MAKE PLANS AND TAKE NECESSARY ACTIONS TO INSURE THAT ALL NECESSARY INFRASTRUCTURE IS IN PLACE TO ALLOW FOR PROPER DEVELOPMENT OF WHARTON, TEXAS.

Revisions to this organization profile

April 2, 2025:
2024 Wharton Economic Development Corp. 990 filed
August 19, 2024:
2023 Wharton Economic Development Corp. 990 filed
April 26, 2023:
2022 Wharton Economic Development Corp. 990 filed

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