THE ORGANIZATION SEEKS TO PROMOTE AIR TRANSPORTATION, TRADE, AND ECONOMIC DEVELOPMENT FOR THE BENEFIT OF THE HOUSTON AIRPORT SYSTEM AND TO PROVIDE SERVICES, SUCH AS AIRPORT TECHNICAL ADVISORY SERVICES AND PERSONNEL TRAINING, TO AIRPORTS AROUND THE WORLD.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$25.7M
+9.4% YoY
Annual Giving
$817K
-21.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$817K
-21.7% YoY
About Has Development Corporation
Based on IRS filings
Has Development Corporation is a nonprofit organization focused on Public, Societal Benefit, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $25.7M in total assets. In 2024, it awarded 1 grants totaling $817K. Net investment income was $4.0M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $25,702,953 | $23,489,645 | $19,888,772 |
| Revenue | $4,778,037 | $6,600,717 | $3,684,253 |
| Expenses | $2,462,905 | $2,946,772 | $3,728,108 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,973,675 | $5,334,467 | $2,359,248 |
| 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 1 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JIM SZCZESNIAK | CHAIRMAN OF THE BOARD | 0.5 | — |
| MICHAEL COX | VICE CHAIRMAN | 0.5 | — |
| ASTLEY BLAIR | SECRETARY AND TREASURER | 0.5 | — |
| ADA C SILVA | CFO & ASSISTANT TREASURER | 40 | $259,560 |
| AGUSTIN ARELLANO | PRESIDENT & CEO | 40 | $362,303 |
| EDUARDO IGLESIAS | CHIEF LEGAL OFFICER & ASSISTANT SEC. | 40 | $275,783 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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