Killeen Economic Development

Foundation · Grantmaker Killeen, TX EIN: 74-2594957

To promote economic development in the community by expandng existing businesses and attracting new businesses.

Key facts about Killeen Economic Development

EIN
74-2594957
Latest 990 filing
Form 990, 2025
Total assets
$12,268,156

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$12.3M

-8.4% YoY

Revenue

$1.5M

-11.5% YoY

Net Investment Income

$204K

-57.2% YoY

Expenses

$1.5M

+3.5% YoY

How Killeen Economic Development gives

  • Giving fell 89% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About Killeen Economic Development

Based on IRS filings

Killeen Economic Development is a nonprofit organization, based in Killeen, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $12.3M in total assets. Net investment income was $204K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

College StationKilleenCopperas Cove

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M1 grants20191 grants20202 grants20212 grants20222 grants20232 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

8 grants across all recorded years

1<$50K2$50–100K4$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2019202020212022202320242025
Metric202520242023
Total Assets$12,268,156$13,387,201$9,564,725
Revenue$1,539,026$1,739,263$2,552,550
Expenses$1,531,081$1,479,458$1,688,514
Qualifying Distributions———
Net Investment Income$203,986$476,823$1,373,051
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Killeen Economic Development is led by Kelly Brown, President since 2025 (on filings since 2024); none of the 9 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Kelly Brown

    President

    Kif Representative → President, 2025

    On filings since 2024

    No compensation reported

  • Debbie Nash-King

    City Representative

    On filings since 2021

    No compensation reported

  • Jose Guzman

    Vice President

    Kif Representative → Vice President, 2024

    On filings since 2022

    No compensation reported

  • Nina Cobb

    Secretary

    City Representative → Secretary, 2025

    On filings since 2022

    No compensation reported

  • Todd Fox

    Treasurer

    Treasurer → Chamber Representative, 2024

    Chamber Representative → Treasurer, 2025

    On filings since 2023

    No compensation reported

  • Amy Milsap

    Chamber Representative

    On filings since 2024

    No compensation reported

  • Scott Cosper

    Chamber Representative

    On filings since 2024

    No compensation reported

  • Anthony Kendrick

    City Representative

    New on the 2025 filing

    No compensation reported

  • Curt Gaines

    Kif Representative

    New on the 2025 filing

    No compensation reported

Former officers (17)
  • Former: Tad Dorroh (2020–2024) — President
  • Former: Jesssica Gonzalez (2022–2024) — City Representative
  • Former: Randy Sutton (2019–2023) — President
  • Former: Matt Connell (2020–2023) — Secretary
  • Former: Meredith Viguers (2020–2023) — Chamber Representative
  • Former: Scott Connell (2022–2023) — Executive Director
  • Former: Michael Boyd (2023) — City Representative
  • Former: Bobby Hoxworth (2019–2022) — Treasurer
  • Former: John Crutchfield III (2019–2021) — Executive Director
  • Former: Karl Green (2019–2021) — Secretary
  • Former: Mayor Jose Segarra (2019–2021) — City Representative
  • Former: Melissa Brown (2021) — City Representative
  • Former: Jim Kilpatrick (2019–2020) — President
  • Former: Shirley Fleming (2019–2020) — City Representative
  • Former: Charlie Watts (2019) — President
  • Former: John Gilmore (2019) — Vice President
  • Former: Paula Lohse (2019) — Chamber Representative

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Killeen Economic Development

How large is Killeen Economic Development?

Killeen Economic Development reported $12.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.5M.

Where does Killeen Economic Development operate?

Killeen Economic Development has awarded grants in Texas.

What is Killeen Economic Development's EIN?

Killeen Economic Development's EIN (Employer Identification Number) is 74-2594957. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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