Bangs Economic Development Corporation Inc
TO PROMOTE THE CITY OF BANGS, TEXAS AND HELP IT GROW INTO A MORE ECONIMICALLY SOUND AREA.
Financial Overview
From 2025 IRS Form 990-PF
Total Assets
$519K
-3.3% YoY
Annual Giving
$89K
+120.4% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$44K
+230.6% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $518,850 | $536,637 | $507,117 |
| Revenue | $95,180 | $81,286 | $80,586 |
| Expenses | $108,079 | $51,766 | $66,849 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $10,855 | $6,664 | $6,213 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Bangs Economic Development Corporation Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SARA YOUNG | PRESIDENT | 1 | — |
| ERIC SOUTHERLAND | MEMBER | 0.25 | — |
| JOE LAMER | MEMBER | 0.25 | — |
| CHARLES WEiDENHOEFER | MEMBER | 0.25 | — |
| STEVEN FUQUA | VICE PRESIDENT | 0.25 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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