Technology & Entrepreneurship Center Of Houston Inc, Houston Technology Center in Houston, Texas (TX)

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Technology & Entrepreneurship Center Of Houston Inc, Houston Technology Center
Employer Identification Number (EIN)760589315
Name of OrganizationTechnology & Entrepreneurship Center Of Houston Inc
Secondary NameHouston Technology Center
In Care of NameJohn W Sim Dir Of Fin & Adm
Address410 Pierce St, Houston, TX 77002-8646
SubsectionCharitable Organization
Ruling Date06/1999
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$500,000 to $999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$889,536
Amount of Income$2,514,481
Form 990 Revenue Amount$2,219,221
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Urban, Community Economic Development


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Amount of income in 2011: $2,514,481 (it was $2,614,048 in 2010)
This organization: 

 $2,514,481
Other organizations performing similar types of work: 

 $153,998

Assets in 2011: $889,536 (it was $951,700 in 2010)
This organization: 

 $889,536
Other organizations performing similar types of work: 

 $135,070

Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$2,219,221
Contributions, Gifts, Grants and Other Similar Amounts$1,652,570
Program Service Revenue$671,467
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-28
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $2,610
Less: cost or other basis and sales expenses (Securities / Other)$0 / $2,638
Gain or (loss) (Securities / Other)$0 / $-28
Net loss from fundraising events$-226,824
Gross income from fundraising events$65,798
Less: direct expenses$292,622
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$122,036
Statement of Functional Expenses (for 2011)
Total functional expenses$2,267,052
Compensation of current officers, directors, trustees, and key employees$544,673
Other salaries and wages$774,145
Payroll taxes$0
Professional fundraising services$0
Other$948,234
Balance Sheet (for 2011)
Total assets$889,536
Total liabilities$713,537
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$308,431
Unsecured notes and loans payable to unrelated third parties$0
Other$405,106
Total net assets or fund balances$175,999
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$6,598,385
Gifts, grants, contributions, and membership fees received$6,596,277
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$2,108
Gross receipts from related activities, etc.$4,657,461
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$475$0$475
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$4,751$0$475
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$0
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$0
Unrelated business taxable income$0
Unrelated business taxable income before net operating loss deduction$475
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$475
Specific deduction$1,000
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Opportunity Transformation Investments Inc2122 York Rd Ste 150, Oak Brook, IL 60523-1999IL2000-12$12,145,894
2Milwaukee Economic Development Corp809 N Broadway Suite 104, Milwaukee, WI 53202-3617WI1974-07$6,983,753
3Hunter Foundation IncPO BOX 563, Tannersville, NY 12485-0563NY1998-11$4,436,432
4Urban Development Solutions Inc6538 1st Ave N, St Petersburg, FL 33710-8404FL2003-10$4,284,899
5Alliance For World Class Communities38 W Wall Street, Benton Harbor, MI 49022MI2007-01$2,167,614
6Bluefield State College Research And Development Corporation219 Rock Street Tax Exempt, Bluefield, WV 24701WV2003-03$1,306,331
7St Louis Community Empowerment Foundation3030 Locust St, Saint Louis, MO 63103-1329MO2000-09$994,660
8Broadway Market Management Corp721 Center Rd, Buffalo, NY 14224-2181NY2007-01$825,480
9Southern Dallas Development Corporation400 S Zang Blvd Ste 1210, Dallas, TX 75208-6624TX1985-01$674,208
10Corporacion Para El Financiamiento Empresarial Del Comercio Y De LasPO BOX 191791, San Juaninternational2003-10$670,469
11Dallas Cbd Enterprises2200 Ross Ave Ste 4600e, Dallas, TX 75201-2767TX1983-06$5,106,752
12Centro San Antonio Management Corporation110 Broadway St Ste 230, San Antonio, TX 78205-1974TX2000-03$2,825,409
13Technology & Entrepreneurship Center Of Houston Inc, Houston Technology Center410 Pierce St, Houston, TX 77002-8646TX1999-06$2,514,481
14Dallas Cbd Enterprises, Downtown Safety Patrol Inc2200 Ross Ave Ste 4600e, Dallas, TX 75201-2767TX1983-06$1,454,282
15Frameworks Community Development Corporation Inc701 Tillery St Suite A-7b, Austin, TX 78702-3738TX2005-03$758,555
16Covenant Community Capital Corporation3300 Lyons Ave Ste 203, Houston, TX 77020-8254TX2000-10$674,950
17Carthage Improvements CorporationPO BOX 400, Carthage, TX 75633-0400TX2000-02$558,329
18Plano Economic Development Board Inc5601 Granite Parkway, Plano, TX 75024-6654TX1986-02$444,931
19Liberty Hill Economic Development CorporationPO BOX 1920, Liberty Hill, TX 78642-1920TX2004-03$164,057
20Downtown Bryan Association304 Post Office St, Bryan, TX 77801-2141TX2006-07$162,002
21Asian Chamber Of Commerce In Austin5602 Bayton Loop, Austin, TX 78745-3404TX1999-08$85,068
22Bullard Economic Development CorporationPO BOX 107, Bullard, TX 75757-0107TX2008-09$82,379
23El Paso Regional Economic Development Foundation201 E Main Dr Ste 1711, El Paso, TX 79901-1390TX2006-01$80,605
24Avenidas IncPo Box 460411, San Antonio, TX 78246-0411TX2000-08$75,278
25Austin Hwy Revitalization Project Inc1201 Austin Hwy Ste 131, V Antonio, TX 78209-4880TX2002-09$69,332
26Beaumont Economic Development Foundation IncPO BOX 1350, Beaumont, TX 77704-1350TX2001-02$57,727
27Bowie Industrial Development Foundation1602 Jefferson St, Bowie, TX 76230-2630TX2008-07$39,097
28East Montgomery County Economic Development CorporationPO BOX 1019, New Caney, TX 77357-1019TX2006-08$38,643
29Congress For The New Urbanism - Central Texas Chapter935 S Alamo St, San Antonio, TX 78205-3438TX2008-04$27,420
30African American Pastors Corporation Community Development400 S Zang Blvd Ste 815, Dallas, TX 75208-6643TX1998-12$2,023
Number of organizations performing similar types of work
Alaska2
Alabama32
Arkansas8
Arizona15
California107
Colorado23
Connecticut18
District of Columbia15
Delaware5
Florida47
Georgia46
Hawaii9
Iowa16
Idaho6
Illinois57
Indiana28
Kansas9
Kentucky14
Louisiana24
Massachusetts19
Maryland39
Maine9
Michigan47
Minnesota10
Missouri29
Mississippi15
Montana8
North Carolina52
North Dakota4
Nebraska6
New Hampshire8
New Jersey31
New Mexico13
Nevada4
New York116
Ohio80
Oklahoma15
Oregon14
Pennsylvania88
Rhode Island1
South Carolina29
South Dakota9
Tennessee33
Texas69
Utah4
Virginia28
Vermont9
Washington28
Wisconsin26
West Virginia13
Wyoming3
International7
Total1,347

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